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Author Topic: 6 reasons why you should buy or hold onto your BlackCoins!  (Read 2546 times)
IconicExpert
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April 21, 2014, 01:44:16 PM
 #21

Wow i can't stop laughing by looking at another 'prediction' of IconicExpert on another thread:


Lets do some simple math and predictions based on history and conservative estimates. Based on March numbers lets estimate BlackCoin value will grow a steady 360% each month.

April 30: ¢0.12
May 31: $0.43
June 30: $1.54
July 31: $5.54
August 31: $19.94
September 30: $71.78
October 31: $258.40
November 30: $894.24
December 31: $3219.00

WTF 3200 for one Blackcoin on December  Grin

Bitcoin has only 12 millions by now and it's trapped at $500 mark. But Blackcoin with hundreds of million will have the price of 3200 for each ?

Seriously you're dreaming, wake up, be more realistic.

Actually it sounds absurd but you have to remember each day over a million dollars of new Bitcoin are dumped onto the market. It's no wonder the price doesn't go anywhere with the constant dumps. It takes a big media spike or massive event for the price to lift. With Blackcoin, we wave goodbye to profit dumping miners.

However, obviously those figure are optimistic and best outcome scenario. Even if Blackcoin *only* goes up to $5 (more realistic) by the end of the year that's still a 1000% increase on your investment. That may sound unlikely to you but you have to remember 100% pure proof of stake coins have different market mechanics than a proof of work coin. That is why Blackcoin has done so well.

Don't forget also that when the price of Bitcoin goes up in price so does Blackcoin. So if Bitcoin goes on a nice bull run this year it would have a multiplying affect on your profit if you held the equivalent of that BTC in Blackcoin.

There's plenty more going on behind the scenes too for the future. Both marketing wise and project wise.

He also didn't fully quote me, he quoted me out of context....

Quote
Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.
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April 21, 2014, 01:55:28 PM
 #22


He also didn't fully quote me, he quoted me out of context....

Quote
Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.
I don't miss that sentence, by saying "Some months it will be more and some month it will be far less some months it will remain", you still assumed that BC will increase  at average rate of 360% per month. Still, not realistic.

You Blackcoin fans need to view the market from whale's perspective, they are the ones who drive the price up and down. Risk/reward of BC currently not worth for them to pump. They'd rather move to another coin with lower volume and price, pumping these new coins to 1000% is easier than pumping BC to 200%.
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April 21, 2014, 02:05:15 PM
 #23

Investor's Quick Guide

Potential investors often read this forum to determine which coins are good investments or not. If you have been on the sidelines trying to determine if BlackCoin is a good investment or not, here are 6 good reasons why you should invest in BlackCoin.

1. BlackCoin has increased 9820% in value since launching in February.
2. From April 1st to April 21st BlackCoin has increased in value 892%.  
3. In the past week BlackCoin value increased 451.11%. (After the sell off)
4. BlackCoin has a total of $ 1,839,352 in daily trade volume.
5. BlackCoin is currently #3 in trade volume only beaten by Bitcoin and Litecoin.
6. BlackCoin market cap is currently $18,360,767 which puts BlackCoin in 9th place and quickly approaching 8th place.

If we have another week of 451% gains..we could easily be trading well above 200000 sat. Obviously 200000 sat in one week is very optimistic after having a sell off, and past performance does not guarantee future performance. However, if BlackCoin value only increase by 200% this week, we will be trading near 100,000 sat.

So if you are on the sidelines waiting to buy low, forget it! Now is the time to buy BlackCoins. The mid 45,000 sat floor will increase to at least 70,000 - 80,000 sat by the end of the week.

That's 6 reasons NOT to buy Blackcoin.
IconicExpert
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April 21, 2014, 02:06:11 PM
 #24


He also didn't fully quote me, he quoted me out of context....

Quote
Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.
I don't miss that sentence, by saying "Some months it will be more and some month it will be far less some months it will remain", you still assumed that BC will increase  at average rate of 360% per month. Still, not realistic.

You Blackcoin fans need to view the market from whale's perspective, they are the ones who drive the price up and down. Risk/reward of BC currently not worth for them to pump. They'd rather move to another coin with lower volume and price, pumping these new coins to 1000% is easier than pumping BC to 200%.

Keep pretending you know what you are talking about while BC becomes the next Bitcoin...you have no clue what is in the pipeline for BC...
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April 21, 2014, 02:08:17 PM
 #25

Hmmm, not one of the reasons mentioned is actually a reason to hold.  Roll Eyes  Actually, 3 of them are reasons to sell off some.
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April 21, 2014, 02:13:25 PM
 #26

Investor's Quick Guide

Potential investors often read this forum to determine which coins are good investments or not. If you have been on the sidelines trying to determine if BlackCoin is a good investment or not, here are 6 good reasons why you should invest in BlackCoin.

1. BlackCoin has increased 9820% in value since launching in February.
2. From April 1st to April 21st BlackCoin has increased in value 892%.  
3. In the past week BlackCoin value increased 451.11%. (After the sell off)
4. BlackCoin has a total of $ 1,839,352 in daily trade volume.
5. BlackCoin is currently #3 in trade volume only beaten by Bitcoin and Litecoin.
6. BlackCoin market cap is currently $18,360,767 which puts BlackCoin in 9th place and quickly approaching 8th place.

If we have another week of 451% gains..we could easily be trading well above 200000 sat. Obviously 200000 sat in one week is very optimistic after having a sell off, and past performance does not guarantee future performance. However, if BlackCoin value only increase by 200% this week, we will be trading near 100,000 sat.

So if you are on the sidelines waiting to buy low, forget it! Now is the time to buy BlackCoins. The mid 45,000 sat floor will increase to at least 70,000 - 80,000 sat by the end of the week.


What a fucking scam.
Since to make money in every market you have to buy low and sell high i don't see how 1,2 and 3 are good reasons to buy BlackCoin.

Vast majority of this coin is held by no more then 3 people and they set the price they want and they also counterfeit volume data with fake trades.

Noobs stay away from this coin!


You sound like a crazy man on the street corner screaming about aliens. There are over 74 million coins and 3 people do not control the majority of the coins: http://maarx.nl/maarx.nl/blackcoin/distribution/

Also, please tell me how could $1,746,822    in daily volume be "faked"?

Volume can be counterfeited by buying and selling to yourself huge amounts of coins back and forth.
Distribution data can be counterfeited too.

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johnsans
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April 21, 2014, 02:31:54 PM
 #27

Wow i can't stop laughing by looking at another 'prediction' of IconicExpert on another thread:


Lets do some simple math and predictions based on history and conservative estimates. Based on March numbers lets estimate BlackCoin value will grow a steady 360% each month.

April 30: ¢0.12
May 31: $0.43
June 30: $1.54
July 31: $5.54
August 31: $19.94
September 30: $71.78
October 31: $258.40
November 30: $894.24
December 31: $3219.00

WTF 3200 for one Blackcoin on December  Grin

Bitcoin has only 12 millions by now and it's trapped at $500 mark. But Blackcoin with hundreds of million will have the price of 3200 for each ?

Seriously you're dreaming, wake up, be more realistic.

I can see your reading comprehension is just as bad as your investment skills. You forgot to quote: "Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level. " Of course I do not think BlackCoin will be worth $3219.00 by the end of the year....and I stated as much...


As I am typing this WC is down 21%....ouch.
the reason you post  failed to carry conviction ,i'd like to keep my eye on commcoin   infromationcoin  or cinni coin faricoin ......
IconicExpert
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April 21, 2014, 02:45:26 PM
 #28

The smart people not blinded by bitterness, jealousy, and emotion will invest in BlackCoin for the long term. Anyone holding more than 10,000 BC will be very happy by the end of this year.


In other news: WC is slowly deflating to 900 sat...ouch
Degolep
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April 21, 2014, 08:12:07 PM
 #29

Lets bring more trolls inside :-P
warr1979
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April 21, 2014, 10:26:48 PM
 #30

Investor's Quick Guide

1. BlackCoin has increased 9820% in value since launching in February.
2. From April 1st to April 21st BlackCoin has increased in value 892%.  
3. In the past week BlackCoin value increased 451.11%. (After the sell off)
4. BlackCoin has a total of $ 1,839,352 in daily trade volume.
5. BlackCoin is currently #3 in trade volume only beaten by Bitcoin and Litecoin.
6. BlackCoin market cap is currently $18,360,767 which puts BlackCoin in 9th place and quickly approaching 8th place.

your points can apply to AUR and MAX too, they were once very promissing. No doubt that BC made a magical pump, but it's still basiccally pump and dump coin. BC is on the peak at the moment, anyone who buy now will become the bag holder.

I made a decent profits on Blackcoin, bought at 0.00002 - 0.00003 and sold at 0.0002. I missed the peak but generally i'm happy with x7 profits.

I'd rather pump BTC on similar coin such as AsiaCoin or WhiteCoin by now because their price are still very low. If they can reach 0.0001 which is 1/9 the peak of BC i would still made big amount of BTC. Reward/Risk ratio of AC currently better than BC.

And this is why most people never become rich trading crypto because they do not have a clue what they are talking about.

1. BlackCoin is now part of CoinKite and it will be live on their system June 1st: https://coinkite.com
2. BlackCoin has the first portable wallet that is a branded BlackCoin Card: http://www.blackcoincard.com
3. BlackCoin will be added to Moolah and all related services: http://www.moolah.io

In about another month BlackCoin will be trading well above $1.00 a coin and people will still be thinking it is a "fad"...lol

I can not lie if I have a son I might have to call him Iconic!!

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blade87
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April 21, 2014, 11:15:41 PM
 #31

And this is why most people never become rich trading crypto because they do not have a clue what they are talking about.

1. BlackCoin is now part of CoinKite and it will be live on their system June 1st: https://coinkite.com
2. BlackCoin has the first portable wallet that is a branded BlackCoin Card: http://www.blackcoincard.com
3. BlackCoin will be added to Moolah and all related services: http://www.moolah.io

In about another month BlackCoin will be trading well above $1.00 a coin and people will still be thinking it is a "fad"...lol

4. BlackCoin has a very nice news and trading tips website now: http://www.dailyblackcoin.com

But go ahead and support WhiteCoin because clearly that is the one trying to make a push for cryptos as a whole, and not BlackCoin. Or maybe some other random premine and IPO coin. Go make those people, who contribute nothing to cryptos - just shut up and give them your money instead! So they can come back a week later and create another coin, for you to give them more money!
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April 22, 2014, 12:47:11 AM
 #32

Sucessed before does not mean it will success in the future, I don't agree with#1.

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ebliever
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April 22, 2014, 01:04:09 AM
 #33

Blackcoin has no ongoing increase from mining, and has a multipool that pays out in blackcoins (the way most do in bitcoins), thus driving constant demand. That's a valid reason to expect prices to increase in the future, as opposed to looking at the past and simply extrapolating.

Luke 12:15-21

Ephesians 2:8-9
CoinBreader
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April 22, 2014, 01:07:55 AM
 #34

Guys the plan is simple..
if you mined BC or got in under 10k if you havent sell at 70k the amount of your investment plus a decent amount of profit (dont be greedy) do it now, keep some BC for mid & long term , it costs nothing you are already in profit!
 Now if you expect to become a millionare over a year its your call,
Always invest what you afford to lose... less drama, less fear,
HF Wink
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April 22, 2014, 01:14:53 AM
 #35

I bought WC at 700 sell at 1600 then buy more BC

Thank you WC for this pump
I wait tomorrow to see the value then buy again for dump later

I need more BC
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April 22, 2014, 01:29:59 AM
 #36

BC compared to peercoin market cap and price. BC should be arounf .60-.65 cents.



thats the max i see it
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April 22, 2014, 01:37:37 AM
 #37

i agreen but i still have a little BC

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gts476
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April 22, 2014, 01:46:33 AM
 #38

Buy pressure from multi-pool eroded by high price of BC and competition from other PoS coin multi-pools.

Interest on balance from BC PoS is too low to be worth holding onto BC if no/low movement.

No way this going to into the hundreds.

G.
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April 22, 2014, 01:53:25 AM
 #39

Blackcoin has no ongoing increase from mining, and has a multipool that pays out in blackcoins (the way most do in bitcoins), thus driving constant demand. That's a valid reason to expect prices to increase in the future, as opposed to looking at the past and simply extrapolating.

Demand is not constant, due to rising BC price demand created MP will look like an a graph of y = ln (x).
Any increase in BC must be created by value now, not multipool.

G.
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April 22, 2014, 01:57:04 AM
 #40

Is it still worth mining BC or better buy a few? And is pool mining the only way with only a few mhs?
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