chango
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April 18, 2014, 02:40:22 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 I might be there too
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colinfx
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April 18, 2014, 02:41:34 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 I might be there too Too true!
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chango
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April 18, 2014, 02:42:17 PM |
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why not dump and get 30btc?
Then what? spend money? Still trying to buy ? ... don't waste more time, you are losing money by the minute! :p.
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colinfx
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April 18, 2014, 02:42:22 PM |
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Where did all the "blackcoin is dead" people go?
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chango
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April 18, 2014, 02:44:37 PM |
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Where did all the "blackcoin is dead" people go?
They are busy buying pumped Whitecoin .
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mgburks77
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April 18, 2014, 02:45:39 PM |
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why not dump and get 30btc?
Then what? spend money? Why sell for 10% (or maybe even 1%) of future value? no real evidence that this is the case yet
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IconicExpert
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April 18, 2014, 02:46:26 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 ? . Earlier this week I had predicted we would be trading at $1.00 by Sunday. I might have been right but I didn't take into account people selling off due to "greed" & temptation. $100,000 is a lot of money to someone in school and/or facing hardship. I wrongfully assumed everyone will hold for the big pay off, I was wrong. We are going to reach the tipping point where major holders are minimum at best, supply is low, and demand is very high. When that happens BlackCoin will skyrocket like no other coin before.
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colinfx
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April 18, 2014, 02:46:51 PM |
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why not dump and get 30btc?
Then what? spend money? Why sell for 10% (or maybe even 1%) of future value? no real evidence that this is the case yet Come back at a future date and you find your evidence
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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April 18, 2014, 02:47:09 PM |
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Price trending back upwards day by day after the dump. Very bullish. TY panic dumpers who sold at a loss. Your coins are in stronger hands now
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chango
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April 18, 2014, 02:47:54 PM |
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bla bla bla..... to the moon.
do you take the bet or not? :p.
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hiddensphinx
Legendary
Offline
Activity: 1457
Merit: 1001
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April 18, 2014, 02:49:17 PM |
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Alright, this thing bounced and I'm outta here.. I'll buy some more the next time this crappy coin gets dumped and the believers bid it up again for some reason goodbye you stupid dumb cunt!
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colinfx
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April 18, 2014, 02:49:37 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 ? . Earlier this week I had predicted we would be trading at $1.00 by Sunday. I might have been right but I didn't take into account people selling off due to "greed" & temptation. $100,000 is a lot of money to someone in school and/or facing hardship. I wrongfully assumed everyone will hold for the big pay off, I was wrong. We are going to reach the tipping point where major holders are minimum at best, supply is low, and demand is very high. When that happens BlackCoin will skyrocket like no other coin before. People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point. So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more. People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from! Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs.
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GrimeMad
Newbie
Offline
Activity: 1
Merit: 0
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April 18, 2014, 02:51:37 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 ? . Earlier this week I had predicted we would be trading at $1.00 by Sunday. I might have been right but I didn't take into account people selling off due to "greed" & temptation. $100,000 is a lot of money to someone in school and/or facing hardship. I wrongfully assumed everyone will hold for the big pay off, I was wrong. We are going to reach the tipping point where major holders are minimum at best, supply is low, and demand is very high. When that happens BlackCoin will skyrocket like no other coin before. agree, if you have 30k, 100k or 500k blackcoins it's hard to maintain not to sell.
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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April 18, 2014, 02:53:33 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 ? . Earlier this week I had predicted we would be trading at $1.00 by Sunday. I might have been right but I didn't take into account people selling off due to "greed" & temptation. $100,000 is a lot of money to someone in school and/or facing hardship. I wrongfully assumed everyone will hold for the big pay off, I was wrong. We are going to reach the tipping point where major holders are minimum at best, supply is low, and demand is very high. When that happens BlackCoin will skyrocket like no other coin before. People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point. So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more. People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from! Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs. It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less. Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative.
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colinfx
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April 18, 2014, 02:59:23 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 ? . Earlier this week I had predicted we would be trading at $1.00 by Sunday. I might have been right but I didn't take into account people selling off due to "greed" & temptation. $100,000 is a lot of money to someone in school and/or facing hardship. I wrongfully assumed everyone will hold for the big pay off, I was wrong. We are going to reach the tipping point where major holders are minimum at best, supply is low, and demand is very high. When that happens BlackCoin will skyrocket like no other coin before. People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point. So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more. People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from! Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs. It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less. Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative. mr_random you have been here since the start, well done with those strong hands! I piled in on the bounce at around 20k sat to add to my stash, it was a total no brainer. Price doesn't even have to make new ground to get near the 100k level. People sold on the way up to that peak, and people sold in the panic down from that peak. But the important thing to focus on is "people sold". The average holder now is NEW, and BlackCoin needed that.
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IconicExpert
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April 18, 2014, 03:05:39 PM |
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People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point.
So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more.
People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from!
Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs.
It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less. Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative. +1 This is exactly the same situation at 10k. Once we break through 40k I think the new floor will be around 50k - 60k. We will meet resistance from 70k all the way up to 220000k. We will ping-pong around for a few weeks and there will be sell offs along the way. But once we have our major event at the end of May the dam will break again and from that point there will be no stopping BC.
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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April 18, 2014, 03:09:34 PM |
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It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less.
Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative.
mr_random you have been here since the start, well done with those strong hands! I piled in on the bounce at around 20k sat to add to my stash, it was a total no brainer. Price doesn't even have to make new ground to get near the 100k level. Thanks man. I said since the early days this coin was under-valued and the scary thing is it still is. Because I know that, selling these gems is like setting fire to money. What we are seeing now is every day requires less trading volume than the previous day to maintain the new high price. This excites me because I recognise this pattern. Sellers are running out coins to sell at these prices.
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IconicExpert
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April 18, 2014, 03:12:14 PM |
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BlackCoin Card Limited Edition Pre-Order Extended Two More Days!!! Due to the overwhelming demand of the BlackCoin Card and the upcoming holiday weekend, I decided to extend the pre-order deadline until Sunday April 20th. I have been assured by the factory that the cards will be ready to ship out the first week of May!
So if you haven't already pre-ordered the Limited Edition BlackCoin Card this is your chance: http://www.blackcoincard.com
Free shipping worldwide and the limited edition cards will never be made again!!!
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mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
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April 18, 2014, 03:14:07 PM |
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People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point.
So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more.
People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from!
Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs.
It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less. Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative. +1 This is exactly the same situation at 10k. Once we break through 40k I think the new floor will be around 50k - 60k. We will meet resistance from 70k all the way up to 220000k. We will ping-pong around for a few weeks and there will be sell offs along the way. But once we have our major event at the end of May the dam will break again and from that point there will be no stopping BC. It's going to be an interesting ride. It may be smoother than we expect because almost 10,000 BTC worth of Blackcoin were bought when the prices were above 60k. Assuming a big chunk of those didn't panic sell at a loss, next time we get up to 60k there will be less Blackcoin traders waiting to dump for profit. I think once we get in the 50k-60k range "belief" will be restored and a lot of traders will flood into the market. And this time around their hands will be stronger!!
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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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April 18, 2014, 03:14:32 PM |
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People were sitting on large sums. Those that got in at 500 sat where x190 in profit at one point.
So a $250 investment became $48000, and just upscale for people who invested 1 BTC or more.
People like profits, and they took them en masse, in a panic fashion. But with the new floor above 30k, just WOW! at this new platform to move from!
Any 500 sat (or low sat holders) that remain have already proven themselves "investors" and are likely to hold way beyond previous highs.
It's for this reason I knew we wouldn't dip below 10k. It took so long to build up support and eventually break through that barrier (we rose and fell from the 9k's 3 or 4 times), that by the time we broke through it there were no more profit takers left who were willing to sell for less. Barring a distaster I predict the new floor will be 50k within a week. And that could be conservative. +1 This is exactly the same situation at 10k. Once we break through 40k I think the new floor will be around 50k - 60k. We will meet resistance from 70k all the way up to 220000k. We will ping-pong around for a few weeks and there will be sell offs along the way. But once we have our major event at the end of May the dam will break again and from that point there will be no stopping BC. Everyone who thinks blackcoin is just another alt has already been proven wrong several times. There are several investor groups that are working to increase blackcoin adoption for months and years to come. This isn't an overnight thing. Do not underestimate this coin.
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