in about ±40 Hours mining will ended, and Whitecoin will enter POS fase.
if we can survive these last 40 hours of Multipools dump, I can see a bright future on WC.
Multipools and miners in general will be unloading for days after mining has stopped. This is to be expected, I think blackcoin even dropped in price after mining ended. The only thing you should be concerned about right now is the best price point to get your final WC buys at. Be prepared for dumps from weak-hands in the 2500-5000 range, buy the dips and sell the lips for some bonus btc on the ride up to 10k and beyond.
>yfw investors are already dumping BC to buy in on WC
Do you see increased WC price ? while BC is falling
?
if not that mean they are buying something else. There is about 200+ various crypto on market.
in about ±40 Hours mining will ended, and Whitecoin will enter POS fase.
if we can survive these last 40 hours of Multipools dump, I can see a bright future on WC.
Coins who are mined under rent price won't be sold so fast.
It can take few weeks of selling them off.
BC went to ~500sat low in 2 weeks after all.
People were selling off in 2x-4x loss.(cost of mining)
In direct compare this is about 125sat WC = 500 sat BC.
WC was mined in higher hash rates it created much bigger base price.
But even Blitz went 10x down after mining too.(similar distribution like WC,BC)...
BC went about 7x down from peak to its deepths it will be interesting to see how it WC can go.
It looks like normal market movement.
I have a question about dumping WC premine when it were dumped ?
And how much were dumped.
You mansion about it before.
