IconicExpert
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May 06, 2014, 02:45:15 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
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virtualfaqs
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May 06, 2014, 02:49:08 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
What's there to wonder about? BTC is at $425. As a result, everyone is being conservative.
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brammien
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May 06, 2014, 02:50:55 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long?
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jamieb81
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May 06, 2014, 02:54:13 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long? well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this
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digicidal
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May 06, 2014, 02:56:11 AM Last edit: May 06, 2014, 03:08:41 AM by digicidal |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Actually, there are many reasons for that to occur - especially with the lack of volume on the exchange... not much for traders to work with so that money is largely sidelined. On the other hand there are still probably millions of coins in hands that held from the very beginning and to them even 28K isn't really "low" but actually a fantastic ROI - regardless of how it compares to the manipulated top price. I'm not selling now, but if I needed a new laptop or something, I'd be fine with taking a 'measly' 1000% gain on the earliest coins I purchased (or even more on the ones I mined). Until there's more than a few dozen BTC on the buy side it's actually impressive that the price is being maintained... and that alone is testament to the fact that most people are indeed holding for the long run. Can you imagine if someone wanted to cash in 500K BC right now? EDIT: I should also point out that those selling are clearly BC holders with much more being held than being sold, because the sells are small and controlled in their nature... no price manipulation, just a free market working properly.
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coinpredator(return)
Member
Offline
Activity: 70
Merit: 10
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May 06, 2014, 03:11:47 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long? well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this I not rule out price manipulation by some large holders, because it really impossible for all of our volume, the price never go up, is not only daytraders making the party here. I'm starting to believe in conspiracy theories.
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Subtuppel
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May 06, 2014, 03:11:55 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long? well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this It's pretty easy IMO... As long as some players are making their exit (still hours of slow dumping every now and then) it is always easy to keep the price down since the dumpers have to do the hardest part of the job and get the price down by about 20-25% if they don't want to sell off only tiny bits per day. Low price == you can move and accumulate more BC with less (if you look what is being used and working as wall these day almost ridiculous) amounts of BTC. I don't think whoever is doing this is looking to make more BTC but get more BC.
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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May 06, 2014, 03:13:28 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
What's there to wonder about? BTC is at $425. As a result, everyone is being conservative. lol, that's exactly right, BC trains along with BTC, as do most all cryptos. BTC goes up then people get excited and loosen their belts a little and start trading again.... seen it a 1000 times
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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digicidal
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May 06, 2014, 03:17:49 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
What's there to wonder about? BTC is at $425. As a result, everyone is being conservative. lol, that's exactly right, BC trains along with BTC, as do most all cryptos. BTC goes up then people get excited and loosen their belts a little and start trading again.... seen it a 1000 times Yep... makes a big difference. That's why it was almost a 'perfect storm' that BC started getting pumped right as BTC was recovering from it's last dip into the upper 300s (at least I think I'm remembering that timeline correctly).
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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May 06, 2014, 03:19:07 AM |
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I have been killing it mining shibecoin all day lol,,,,,, the competition is fierce out there.... its pow/pos in 5 days,,,hmmmm? and I really like the neato wallet design too EDIT: of course I will devote some earnings back into purchasing BC as always
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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digicidal
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May 06, 2014, 03:24:49 AM |
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I have been killing it mining shibecoin all day lol,,,,,, the competition is fierce out there.... its pow/pos in 5 days,,,hmmmm? and I really like the neato wallet design too EDIT: of course I will devote some earnings back into purchasing BC as always With a 1.5M premine and 10% inflation baked in... yeah, I would definitely be funneling profits into BC with that.
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IconicExpert
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May 06, 2014, 03:25:51 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long? well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this It's pretty easy IMO... As long as some players are making their exit (still hours of slow dumping every now and then) it is always easy to keep the price down since the dumpers have to do the hardest part of the job and get the price down by about 20-25% if they don't want to sell off only tiny bits per day. Low price == you can move and accumulate more BC with less (if you look what is being used and working as wall these day almost ridiculous) amounts of BTC. I don't think whoever is doing this is looking to make more BTC but get more BC. But what if the goal isn't to sell off slowly, what if the goal is to just obtain large shares of BC?
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Subtuppel
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May 06, 2014, 03:34:18 AM |
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Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?
"Propaganda does not deceive people; it merely helps them to deceive themselves". --Eric Hoffer
Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume. How is the volume so high and trading range pretty much hoovered in same place for so long? well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this It's pretty easy IMO... As long as some players are making their exit (still hours of slow dumping every now and then) it is always easy to keep the price down since the dumpers have to do the hardest part of the job and get the price down by about 20-25% if they don't want to sell off only tiny bits per day. Low price == you can move and accumulate more BC with less (if you look what is being used and working as wall these day almost ridiculous) amounts of BTC. I don't think whoever is doing this is looking to make more BTC but get more BC. But what if the goal isn't to sell off slowly, what if the goal is to just obtain large shares of BC? That's what i meant to say, my English is proably too bad.. The fact that there are still people dumping/cashing out does make it easier for those who want to accumulate a lot since the dumpers "help" holding the price down. When you look at the amount and timespan where coins are being dumped at times that can hardly be part of the "usual" price manipulation. In that case the price would go up and down in shorter intervals and not drop for 12 hrs w/o any uptrend (for sell/dump and buy back) iin between.
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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May 06, 2014, 03:41:35 AM |
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I have been killing it mining shibecoin all day lol,,,,,, the competition is fierce out there.... its pow/pos in 5 days,,,hmmmm? and I really like the neato wallet design too EDIT: of course I will devote some earnings back into purchasing BC as always With a 1.5M premine and 10% inflation baked in... yeah, I would definitely be funneling profits into BC with that. lol, yep... I see you have looked at the coin I'm going to keep my eye on it
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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jamieb81
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May 06, 2014, 03:43:26 AM |
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I have been killing it mining shibecoin all day lol,,,,,, the competition is fierce out there.... its pow/pos in 5 days,,,hmmmm? and I really like the neato wallet design too EDIT: of course I will devote some earnings back into purchasing BC as always With a 1.5M premine and 10% inflation baked in... yeah, I would definitely be funneling profits into BC with that. lol, yep... I see you have looked at the coin I'm going to keep my eye on it wow look at the diff almost 500 755 now! and jezebus there are some new scrypt miners on there no way 90MH nr1 http://shibe.suchpool.pw/index.php?page=statistics&action=pool
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IconicExpert
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May 06, 2014, 03:44:05 AM |
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That's what i meant to say, my English is proably too bad..
The fact that there are still people dumping/cashing out does make it easier for those who want to accumulate a lot since the dumpers "help" holding the price down. When you look at the amount and timespan where coins are being dumped at times that can hardly be part of the "usual" price manipulation. In that case the price would go up and down in shorter intervals and not drop for 12 hrs w/o any uptrend (for sell/dump and buy back) iin between.
Exactly my point...
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delion19
Newbie
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Activity: 43
Merit: 0
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May 06, 2014, 03:55:56 AM |
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need testers for #bcpdev JOIN NOW!!!!!
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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May 06, 2014, 04:00:19 AM |
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I have been killing it mining shibecoin all day lol,,,,,, the competition is fierce out there.... its pow/pos in 5 days,,,hmmmm? and I really like the neato wallet design too EDIT: of course I will devote some earnings back into purchasing BC as always With a 1.5M premine and 10% inflation baked in... yeah, I would definitely be funneling profits into BC with that. lol, yep... I see you have looked at the coin I'm going to keep my eye on it wow look at the diff almost 500 755 now! and jezebus there are some new scrypt miners on there no way 90MH nr1 http://shibe.suchpool.pw/index.php?page=statistics&action=poolyes but it will drop back down (200-300 etc then back up) in a block or 2 and then the estimated coin per day rockets up its strange but I like it, been a blast mining and selling today ,,, I may hang on to a few ,,,not sure yet.... EDIT: next diff = 196 lol
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*BTC: 1DiR25SPo84sThzTATr27EZEQZLt6hv6tG
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TheBlackDogeOfWallStreet
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Activity: 74
Merit: 10
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May 06, 2014, 04:07:02 AM |
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Для rat4: Moжeтe ли вы oтвeтить, ecли вы пo-пpeжнeмy вoвлeчeны в мoнeты?
I speak some Russian, so I'll answer. Yes rat4 is still involved in the coin, in fact he just added a new way for staking to happen, and he's making changes all the time that you can check out on the BC test net.
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delion19
Newbie
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Activity: 43
Merit: 0
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May 06, 2014, 04:08:06 AM |
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need testers for #bcpdev JOIN NOW!!!!!
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