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colinfx
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April 18, 2014, 01:46:19 PM |
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ALL ON BOARD WHITECOIN!
Are you joking? First, this is the blackcoin thread. Second, it was premined and already dumped down from 5000 within minutes. Now trading at <1500. Go back to WC thread (if there is one) |
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colinfx
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April 18, 2014, 01:46:47 PM |
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im seeing the sell wall of 42btc again.. eat them!!
Down to 36 BTC - eat away! |
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XbladeX
Legendary
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Activity: 1302
Merit: 1002
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April 18, 2014, 01:47:53 PM |
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It's not that there's huge 40k resistance it's traders being cautions on upping each other to be the last one being dumped on. Interesting cat and mouse game so far, I wonder where this will lead within 24 hours.
You have totally misunderstood what a prolonged tight trading range with very high volume means. Take a look at the charts on MintPal and do a little TA on 24 hours, 3 days and 1 week periods. Which part exactly do you disagree with? We had huge volume sub 25k just 48 hours ago, I don't think all the buyers from that range have exited. Resistance at 40k is visible on the charts going back 3 days, also so is the rising support trend. So which information are you looking at to deduce your analysis? If it is just your "gut feeling" fair play, everyone is entitled to their opinion. See here: https://twitter.com/CryptoDabbler/status/457117125287501824I'm mostly looking at present depth charts ( https://cryptrader.com/charts/mintpal/bc/btc), and I agree about resistance at 40k just thinking of reasons for it and traders not attempting to break it. I think this won't break without new money entering the market and causing panic buy Just we need wait a bit WC was addded to Mintpal  ... Many want join 2nd BC train right now it was pumped to 4000 and dumped in 1100 in 20s lol. When WC madness will stop BC price will go up. Many have forget that it was ~1% premined... so it can be easier dumped for free. One guy was promoting here FLT it looks like WC took his pumping BTC to WC lol... And same time BC is rock. I personaly don't like greedy action from Mintpal and adding WC without vote becouse BC have to made it on their own to get there. As each pretender falls more attention will turn to BlackCoin. People will eventually work out that innovation cannot be copied. History of total copies proves that trend. Aurora ---rest Doge---rest But this anoy me i was making about 150+ vote account and payed 50+ votes on captsy to BC to be higher on list ^^ and those guys becouse of good name of BC went on exchange without bigger afford  . that my 0.02 BCs. Anyway it proves how power BC has now. |
Request / 26th September / 2022 APP-06-22-4587
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XbladeX
Legendary
Offline
Activity: 1302
Merit: 1002
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April 18, 2014, 01:52:02 PM |
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Pump and Dump elite group.. 8 slots left 12 slots taken.. email me now!! ASAP!! earn up to 30%-200% weekly as an additional income.. almer_lacom@yahoo.comor directly add me to my yahoo messenger for faster inquiry!! note: no reservation, first to come, first to be added on the slot available.. recent member count of pump and dump group:130 heads.. Hmm eat my wall group ?? like Wolongs teams ?... no thanks |
Request / 26th September / 2022 APP-06-22-4587
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---- WOW----
Newbie
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Activity: 5
Merit: 0
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April 18, 2014, 01:53:15 PM |
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We can do real success WE need to DO something for society, to be a BETTER PLACE!  |
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colinfx
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April 18, 2014, 01:55:51 PM |
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im seeing the sell wall of 42btc again.. eat them!!
Down to 36 BTC - eat away! Well that was eaten quickly, one 34 BTC sell wall chunk taken, a big bite - $16,000 worth of BC in new owner hands |
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foggy1011
Newbie
Offline
Activity: 23
Merit: 0
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April 18, 2014, 02:08:00 PM |
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I love what your doing to blackcoin. Love it!! I have a suggestion to the blackcoin shield that will beneficial to both parties, the miners and holders. Instead of receiving donations for the shield. How about adding a 1% pool fee to be strictly for the shield and as the shield gets bought the purchased BC get givin back to the miners, the more they donate during the mining the more they reseive when the shield gets bought out.
What do you guysthink
any thoughts? |
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colinfx
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April 18, 2014, 02:09:29 PM |
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I love what your doing to blackcoin. Love it!! I have a suggestion to the blackcoin shield that will beneficial to both parties, the miners and holders. Instead of receiving donations for the shield. How about adding a 1% pool fee to be strictly for the shield and as the shield gets bought the purchased BC get givin back to the miners, the more they donate during the mining the more they reseive when the shield gets bought out.
What do you guysthink
any thoughts? Once more details are released it will be easier to debate. For now I wouldn't be surprised if the wall is just returned to the miners who put it there. |
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 18, 2014, 02:17:32 PM |
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Degolep
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April 18, 2014, 02:17:53 PM |
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Guys send this to mintpal support@mintpal.comDear Mintpal Team,
please consider to add Blackcoin markets to support and facilitate the further development of this coin which is responsible for >50% of your daily volume. Blackcoin needs to be more decoupled from Bitcoin prices to become #1 coin in the future. Please start with a BC/DOGE market and if this works out for you (volume) you could add more markets as needed.
Thanks,
XXX
And join reddit! SUB HERE: http://www.reddit.com/r/blackcoinIf you're not into Reddit, don't worry! It's very easy to get yourself started. Reddit is anonymous in nature, you don't even need an email address to create an account! |
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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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April 18, 2014, 02:19:13 PM |
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Guys send this to mintpal support@mintpal.comDear Mintpal Team,
please consider to add Blackcoin markets to support and facilitate the further development of this coin which is responsible for >50% of your daily volume. Blackcoin needs to be more decoupled from Bitcoin prices to become #1 coin in the future. Please start with a BC/DOGE market and if this works out for you (volume) you could add more markets as needed.
Thanks,
XXX
And join reddit! SUB HERE: http://www.reddit.com/r/blackcoinIf you're not into Reddit, don't worry! It's very easy to get yourself started. Reddit is anonymous in nature, you don't even need an email address to create an account!
more BC Reddit power ! |
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Coinler
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April 18, 2014, 02:21:20 PM |
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Professional Analysis - Unexpected Good News
As I have stated before there are many things going on behind the scenes, and this morning I would like to share some promising news with the community. Just before the sell off I hired a professional analyst a friend recommended to take a look at BlackCoin and give me his professional assessment of the financial product. As an investor and businessman I need to be armed with facts and reasonable predictions moving forward into the weeks and months ahead. I am decent with numbers and reading charts, but I believe one should always enlist the help of professionals who are the best at what they do. As an analyst his job is to take emotion out of the equation and stick to the numbers and facts. This morning I received a report with unexpected news that made me immediately purchase more BlackCoins.
First an explanation on what happened within the past week.
1. Some assumed the sudden growth and the sudden sell off of BlackCoin was an orchestrated pump and dump, that was not the case. BlackCoin price explosion was the direct result of people taking notice with all the news coming out over a 5 day period. BlackCoin moving up in the charts quickly garnered the attention of investors looking to ride the wave of the next "hot" coin.
2. When we started trading above 80,000 sat there were many holders who had coins from 5000 sat and under, and for them suddenly having tens of thousands of dollars was to much to hold, so they started selling off. Do not forget there were people with over 100,000 coins and many of these people are students and/or come from poor countries. Also, many of these people are facing hard times and instantly having that much money was too much to hold onto.
3. The sell off caused a chain reaction and people in this forum and other forums thought it was an orchestrated pump and dump and started selling off quickly. The "panic" resulted in a massive sell off because of misinformation.
4. When the sell off subsided we established a floor around 14000 sat because that is where most of the new investors began investing in BlackCoin.
5. If the sell off did not happen we would be trading well above $0.60 cents or more.
What to expect next?
1. The wall set around 40000 sat is not one person, it is multiple people looking to exit. It is the level where investors who got in around 14000k want to exit, and investors who jumped on board around 40000k want to recover their losses. We will see resistance around 40000 sat for awhile until the damn breaks again.
2. We will not see another sell off that massive until we are close to $1.00 and that is when more people will be faced with lots of money and will have no choice to give in to temptation and sell.
3. Around $1.00 is where we will lose the remainder of the "weak" hands, and the "strong" hands will begin to take over and hold strong
So why did I buy more BlackCoins?
1. The sell off did not drive us below our starting point of 7100, and to be trading more than double than the starting point after a massive sell off is almost unheard of in stocks or any other financial product. And to recover in less than 48 hours is nothing less than unprecedented.
2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
a) We are adding approximately 700 - 1000 new people each week which will eventually spread the current supply thin.
b) With each sell off there will be more new holders added each holding less coins than the previous holders.
c) Supply will become significantly less as we get closer to $1.00 but demand will increase as well which will cause the price to explode.
3. BlackCoin will grow quicker in price than Bitcoin because there are no new coins being mined to dilute the value. The coins being generated from staking is not enough to dilute the value of the coin
I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.
pretty much what i said just a few pages back ;p just one question.. what wall at 40ksatoshi? 30btc? hope that's not what theyre calling a wall nowadays. maybe with those pow coins. not with blackcoin tho. one almost late big investor and it's gone. i think resistance at 40k will be less than we expected atm. this time tomorrow we should be over 45k. |
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IconicExpert
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April 18, 2014, 02:31:41 PM |
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Professional Analysis - Unexpected Good News
2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
[...]
I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.
Does your analyst have good references ? A 100000% increase in a year is a serious statement. Was this announcement taken in account in his calculations ? Putting your sarcasm aside. What was taken into account was the amount of new "users" per week, and the supply of coins taken out of circulation because of people wanting to "save". Less supply and higher demand will force the price up exponentially once we get past the sell off phase. Bitcoin, Litecoin, and Dogecoin have a fresh supply of coins being dumped onto the market everyday. The dumps can easily satisfy the demand which keep the price down. These coins are mostly mined not purchased, so miners have no problem dumping at a lower price. However, BlackCoin is not mined anymore and many of the people who had mined BlackCoin have already dumped their coins at different price levels. The remainder of the people who still hold a significant amount of coins will also sell off around the $1.00 mark. After the rest of the people who are holding from the mining phase and the low price phase sell off, the price will shoot up faster because there will be nothing to keep the price down. |
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colinfx
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April 18, 2014, 02:34:07 PM |
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Professional Analysis - Unexpected Good News
2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
[...]
I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.
Does your analyst have good references ? A 100000% increase in a year is a serious statement. Was this announcement taken in account in his calculations ? Putting your sarcasm aside. What was taken into account was the amount of new "users" per week, and the supply of coins taken out of circulation because of people wanting to "save". Less supply and higher demand will force the price up exponentially once we get passed the sell off phase. Bitcoin, Litecoin, and Dogecoin have a fresh supply of coins being dumped onto the market everyday. The dumps can easily satisfy the demand which keep the price down. These coins are mostly mined not purchased, so miners have no problem dumping at a lower price. However, BlackCoin is not mined anymore and many of the people who had mined BlackCoin have already dumped their coins at different price levels. The remainder of the people who still hold a significant amount of coins will also sell off around the $1.00 mark. After the rest of the people who are holding from the mining phase and the low price phase sell off, the price will shoot up faster because there will be nothing to keep the price down. +1 Spot on |
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mgburks77
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April 18, 2014, 02:34:50 PM |
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why not dump and get 30btc?
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colinfx
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April 18, 2014, 02:36:08 PM |
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why not dump and get 30btc?
Then what? |
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lonely@thetop
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April 18, 2014, 02:36:44 PM |
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why not dump and get 30btc?
If you want to sell please do, the more coins are spread the better. |
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chango
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April 18, 2014, 02:37:21 PM |
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Professional Analysis - Unexpected Good News
2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
[...]
I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.
Does your analyst have good references ? A 100000% increase in a year is a serious statement. Was this announcement taken in account in his calculations ? Putting your sarcasm aside. What was taken into account was the amount of new "users" per week, and the supply of coins taken out of circulation because of people wanting to "save". Less supply and higher demand will force the price up exponentially once we get past the sell off phase. Bitcoin, Litecoin, and Dogecoin have a fresh supply of coins being dumped onto the market everyday. The dumps can easily satisfy the demand which keep the price down. These coins are mostly mined not purchased, so miners have no problem dumping at a lower price. However, BlackCoin is not mined anymore and many of the people who had mined BlackCoin have already dumped their coins at different price levels. The remainder of the people who still hold a significant amount of coins will also sell off around the $1.00 mark. After the rest of the people who are holding from the mining phase and the low price phase sell off, the price will shoot up faster because there will be nothing to keep the price down. I am willing to bet 5 BC That the price will be less than $100 by 18 April 2015 . Do you agree ? . |
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mgburks77
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April 18, 2014, 02:37:51 PM |
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why not dump and get 30btc?
Then what? spend money? |
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colinfx
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April 18, 2014, 02:38:37 PM |
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Professional Analysis - Unexpected Good News
2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
[...]
I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.
Does your analyst have good references ? A 100000% increase in a year is a serious statement. Was this announcement taken in account in his calculations ? Putting your sarcasm aside. What was taken into account was the amount of new "users" per week, and the supply of coins taken out of circulation because of people wanting to "save". Less supply and higher demand will force the price up exponentially once we get past the sell off phase. Bitcoin, Litecoin, and Dogecoin have a fresh supply of coins being dumped onto the market everyday. The dumps can easily satisfy the demand which keep the price down. These coins are mostly mined not purchased, so miners have no problem dumping at a lower price. However, BlackCoin is not mined anymore and many of the people who had mined BlackCoin have already dumped their coins at different price levels. The remainder of the people who still hold a significant amount of coins will also sell off around the $1.00 mark. After the rest of the people who are holding from the mining phase and the low price phase sell off, the price will shoot up faster because there will be nothing to keep the price down. I am willing to bet 5 BC That the price will be less than $100 by 18 April 2015 . Do you agree ? . If you lose the bet you will not be able to find the winners to pay them. They'll be on a yacht somewhere cruising the Caribbean  |
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