Fraxinus
Legendary
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Activity: 1274
Merit: 1000
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May 01, 2014, 08:29:57 PM |
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Will i be able to watch later? Have to get up early. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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mrdennis86
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May 01, 2014, 08:31:12 PM |
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guys.... wtf is going on now? 25k and a sellorder with 27bit on 25000...? We are down a lot of this week.. 38k --> 35k-->30K-->28k and now 24k
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All my XST coins are stolen  feel free to donate some XST to RzPMCaQxjxCNCyw2eiYsLqU2MWe45vFfLU I really appreciate that! |
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Subtuppel
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May 01, 2014, 08:31:57 PM |
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Who keeps dumping insane amounts of coins? People need to BUY AND HOLD. Stop flash selling. Your ruining your own investment. If you want to make a quick 5-10%, good for you. If you think 5-10% return is enough to celebrate, go ahead. Or, hold onto it, and wait 2 week sand you will be up quite a bit more than 5-10%. Theres only 74 million coins. Im seeing millions of coins dumped each day. If you hold your coins --> less coins on market. With the BC mining pool buying up a few hundred k coins per day, it would litterly take less than a week for your investment to start rising dramatically. Whales + fools  only a 100k bc is trading each day. and that 100k sell was taken down pretty quick. buyers in no rush, sellers getting impatient. once it moves forward all those super impatient people will panic buy back in. well it was only taken down to be lowered. people must be crazy idiots to fall for this, unfortunately the world is full of them. |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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May 01, 2014, 08:32:04 PM |
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Who keeps dumping insane amounts of coins? People need to BUY AND HOLD. Stop flash selling. Your ruining your own investment. If you want to make a quick 5-10%, good for you. If you think 5-10% return is enough to celebrate, go ahead. Or, hold onto it, and wait 2 week sand you will be up quite a bit more than 5-10%. Theres only 74 million coins. Im seeing millions of coins dumped each day. If you hold your coins --> less coins on market. With the BC mining pool buying up a few hundred k coins per day, it would litterly take less than a week for your investment to start rising dramatically. Whales + fools only a 100k bc is trading each day. and that 100k sell was taken down pretty quick. buyers in no rush, sellers getting impatient. once it moves forward all those super impatient people will panic buy back in. I have quite a bit of BTC on the sidelines and I am in no rush to buy in. Most my orders are in the teens |
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Wulfcastle
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May 01, 2014, 08:32:27 PM |
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guys.... wtf is going on now? 25k and a sellorder with 27bit on 25000...? We are down a lot of this week.. 38k --> 35k-->30K-->28k and now 24k
Some ass dumped 130K BC on MintPal. Whales have been driving us down since our high this week of 38K Satoshis. |
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Subtuppel
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May 01, 2014, 08:32:52 PM |
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guys.... wtf is going on now? 25k and a sellorder with 27bit on 25000...? We are down a lot of this week.. 38k --> 35k-->30K-->28k and now 24k
calm down. this is one single person, maybe was all the time. just losing patience now, maybe his mom said "bedtime in 30 minutes". |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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May 01, 2014, 08:33:16 PM |
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how do you explain the slow but steady fall of the BlackCoin ?
first the pump and then the dump ... |
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Elenelen
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May 01, 2014, 08:33:27 PM |
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Hey guys, what can we do to get more miners back to the multipool?
Simple: Add less Heat-mining kernel to the multipool. If X11-coins and Groestl (or even Quark family) is added I will immediately point my 8-rig GPU-mining-farm to the blackcoin-multipool. I will never mine Script family coins again, especially now Summer is coming (50% less heat and Energy: X11 is the way to go). |
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Coinler
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May 01, 2014, 08:34:51 PM |
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Who keeps dumping insane amounts of coins? People need to BUY AND HOLD. Stop flash selling. Your ruining your own investment. If you want to make a quick 5-10%, good for you. If you think 5-10% return is enough to celebrate, go ahead. Or, hold onto it, and wait 2 week sand you will be up quite a bit more than 5-10%. Theres only 74 million coins. Im seeing millions of coins dumped each day. If you hold your coins --> less coins on market. With the BC mining pool buying up a few hundred k coins per day, it would litterly take less than a week for your investment to start rising dramatically. Whales + fools the market will do what the market does. we have no doubt bc will rise again. let ppl sell /dump. i dont think there's anyone invested in crypto who is not interested in re-catching their coins if the price starts going up. at this stage my analysis is that there is little to no resistance going back up to 50k. if we super pumped it now it would still slowly settle back to 40 and then even more slowly head back down to 30k. all we have is slower investment so it's day-traders/risk-takers time. the slow dump is from those who arent confident the market will keep going up so will pull out to invest elsewhere. personally im pretty glad for the break. i spent many sleepless days and nights trading bc. glad to have caught up on some rest over the past few days. i actually slept a whole 8hrs last night into this morning. the downtrend is now showing on the graph and will not be a healthy graph to show to any investor unless they have the fortitude and the will to pump this baby straight to a dollar and exit slowly over time. without constant investment price will go down, and cause some to panic. as we may be seeing now. |
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mr_random
Legendary
Offline
Activity: 1274
Merit: 1001
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May 01, 2014, 08:35:53 PM |
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Who keeps dumping insane amounts of coins? People need to BUY AND HOLD. Stop flash selling. Your ruining your own investment. If you want to make a quick 5-10%, good for you. If you think 5-10% return is enough to celebrate, go ahead. Or, hold onto it, and wait 2 week sand you will be up quite a bit more than 5-10%. Theres only 74 million coins. Im seeing millions of coins dumped each day. If you hold your coins --> less coins on market. With the BC mining pool buying up a few hundred k coins per day, it would litterly take less than a week for your investment to start rising dramatically. Whales + fools only a few 100k bc is trading each day. and that 100k sell was taken down pretty quick. buyers in no rush, sellers getting impatient. once it moves forward all those super impatient people will panic buy back in. Yup. Most people make the mistake of buying in only when the price starts to rocket. When the the price is drifting gently like now, that is the really profitable time to buy a coin with solid fundamentals. Just watch, when the price next starts jumping upwards everyone will come pouring in to buy.  |
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Subtuppel
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May 01, 2014, 08:38:20 PM |
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aaaaaaaaaaaaand all 120k gone, baby whale eaten and can go to bed now.
edit: wonder if that was the pool buy, if so - excellent, that would make a nice payout.
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KingSchultz
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May 01, 2014, 08:40:52 PM |
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Dammmmnnn. The last 20BTC of that sell got eaten in less than a minute.
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aardappel
Newbie
Offline
Activity: 19
Merit: 0
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May 01, 2014, 08:41:04 PM |
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aaaaaaaaaaaaand all 120k gone, baby whale eaten and can go to bed now.
that was some fastfood damn |
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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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May 01, 2014, 08:41:38 PM |
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aaaaaaaaaaaaand all 120k gone, baby whale eaten and can go to bed now.
actually around 350-400k was bought in the last 10 minutes or around 100 btc at 25k. that's a very nice pickup and could be a very expensive lesson in patience for the seller |
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negamus
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May 01, 2014, 08:41:52 PM |
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And my btc is still pending with 0 of 3 conf.  *sigh* |
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Subtuppel
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May 01, 2014, 08:42:44 PM |
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aaaaaaaaaaaaand all 120k gone, baby whale eaten and can go to bed now.
actually around 350-400k was bought in the last 10 minutes or around 100 btc at 25k. that's a very nice pickup and could be a very expensive lesson in patience for the seller i am pretty sure that was just the imaptient end of a final exit. probably knew exactly what he did but did not want to wait longer with the slow trading recently. |
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Coinler
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May 01, 2014, 08:43:21 PM |
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aaaaaaaaaaaaand all 120k gone, baby whale eaten and can go to bed now.
we have lurkers on both sides of the order book. there is no competition to bc in the crypto market imho. not even btc. the way i see it this is the only coin worth investing in in crypto atm. not even btc has this kind of potential. |
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ArpFlush
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May 01, 2014, 08:45:06 PM |
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http://blackcoindirectory.com/Put this up last night. I still have a lot I want to improve, but it's getting there.  Let me know about any Blackcoin links that you don't see there! I want to have everything useful to a Blackcoin holder or someone interested in Blackcoin on that site. Great work! I've send you a mail  |
"Panic Selling is not an Investment Strategy"
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mr_random
Legendary
Offline
Activity: 1274
Merit: 1001
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May 01, 2014, 08:46:24 PM |
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http://blackcoindirectory.com/Put this up last night. I still have a lot I want to improve, but it's getting there. Let me know about any Blackcoin links that you don't see there! I want to have everything useful to a Blackcoin holder or someone interested in Blackcoin on that site. Nice work pal. I like it. It's going to be interesting watching that fill up over time with more Blackcoin links. |
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