BlackCoin Price Predictions

[Wulfcastle]

Hey all

I've been into BlackCoin for around a week now, but from what I've gathered this is what I believe the prices will be in the next 6 months. Please take note that this is not a HYPE thread these are conservative predictions and the purpose of this thread is to see the outcome. Constructive criticism is welcome.

First off for those who think BlackCoin is slumping the same way Auroracoin did, here is some proof (taken from the BlackCoin thread) that the market will most likely bounce back. (This forms the basis for my further predictions)

We've been here before! Just look at the dates. The first graph is from the end of March and the second one represents the last 7 days. Both graphs start after a heavy dumping period. Can you see the similarities? Price will stabilize eventually and we will keep our upward trajectory.

Now onto the predictions

25 April 2014 : BC will stabilize around 33-34K (CORRECT, but one day late)

27-30 April 2014 : BC price will increase to around 42-44K (Correction of price after dump)

5-10 May 2014 : BC price will increase to around 57-60K (Initial release of BlackCoin Cards : http://blackcoincard.com/)

12-14 May 2014 : BC price will stabilize at 51-53K (Correction after price increase)

15-25 May 2014 : BC price will steadily increase to 62-63K (Anticipation of CoinKite Release)

1 June 2014 : BC price will jump to 110K (CoinKite Release)

4 June 2014 : BC price will stabilize ar 90-95K (Correction after price increase)

5 June 2014 - 1 August 2014 : BC price will steadily increase to 120K (Exposure from CoinKite + More merchants and better infrastructure)

1 Jan 2015 : 230K

I can't be too sure of the last prediction for 1 Jan 2015 as there could be many factors affecting the price up to this point, it may increase it may decrease I can't be too sure, but the rest I believe are more or less what I think the price will be.

Only time will tell if my predictions are right.  

[Seio1]

December 2015 2-5$

[uvt9]

So another promotion thread for BC ?

In the world of crypto coins, everything is so volatile and don't try to predict unforeseeable future. No one believe such prediction.

[troiste]

Keep dreaming

[mgburks77]

Interesting. It's at 30K now so you are pretty close coming out of the gate. Maybe it will gain a couple K by the end of the day.

Past performance doesn't necessarily indicate future performance but this a good way to document your tea leaf reading efforts.  

[Gazza1]

So another promotion thread for BC ?

In the world of crypto coins, everything is so volatile and don't try to predict unforeseeable future. No one believe such prediction.

The thing is.  Blackcoin isn't in the world of cryptocoins.  Blackcoin is the world.

[hiddensphinx]

will he take the red pill or blue pill?

[uvt9]

So another promotion thread for BC ?

In the world of crypto coins, everything is so volatile and don't try to predict unforeseeable future. No one believe such prediction.

The thing is.  Blackcoin isn't in the world of cryptocoins.  Blackcoin is the world.

yeah, world of bag holders.

[greentea]

I have a feeling it will trade 15-20k before it touches 100k ...

 

[ztsx08]

I hope so

[Wulfcastle]

BC is up to 32K on MintPal, now. All it needs is some sustained buy pressure to push it to 35K.

[chango]

Good a thread to speculate so I don't have to annoy anyone with price predictions in the main thread .

31K looking strong now @ mintpal 44BTC buy wall 

[Seio1]

Blackcoin (and it's community) has been successful so far, IMHO. Apart from the unnecessary hype pump to 90k (obviously triggered by some whale) and other market manipulations that were spoken of lately, it accomplished much in just a month, where other coins are still far from. Except for cypying some ideas.

[reRaise]

Blackcoin (and it's community) has been successful so far, IMHO. Apart from the unnecessary hype pump to 90k (obviously triggered by some whale) and other market manipulations that were spoken of lately, it accomplished much in just a month, where other coins are still far from. Except for cypying some ideas.

it's just the hype, watch how the community decreases over time. Blackcoin is not promising enough

[Wulfcastle]

Blackcoin (and it's community) has been successful so far, IMHO. Apart from the unnecessary hype pump to 90k (obviously triggered by some whale) and other market manipulations that were spoken of lately, it accomplished much in just a month, where other coins are still far from. Except for cypying some ideas.

lol it's just the hype, watch how the community decreases over time. Blackcoin is not promising enough

Are you talking from an innovation perspective here or a profit perspective?

[Seio1]

Blackcoin (and it's community) has been successful so far, IMHO. Apart from the unnecessary hype pump to 90k (obviously triggered by some whale) and other market manipulations that were spoken of lately, it accomplished much in just a month, where other coins are still far from. Except for cypying some ideas.

it's just the hype, watch how the community decreases over time. Blackcoin is not promising enough

Bitcoin 5 years ago did not promise 1000$ a piece. Dogecoin being launched as a joke a few months ago, did not promise one of the greates community in crypto. Blackcoin promieses nothing, yet people expect from it much. Why is that? Let it flow man, check back in 5 months and then lay out judgement.

[ebliever]

Blackcoin is doing much more than 99% of the useless altcoins out there (whose dev's don't even stick around after launch, or just shout "vote for us on mintpal" endlessly in their launch threads and don't have any better ideas to promote their coin). The pattern for most coins is to be diluted by the flood of new alts over time (even LTC and DOGE are being affected by this). So a coin like Blackcoin that looks like it will actually gain traction and build steam over time is a real rarity.

There are a few others, like Darkcoin and maybe Fluttercoin, but Blackcoin is one of the rare coins that I expect to still be around and worth more than 1 satoshi by the end of the year. Whether it hits these targets, I don't know. But I think it could.

It's even possible that it trends towards price parity with Bitcoin, based on drunks with smartphones at the bar getting BC and BTC mixed up and making bad trades. That alone makes me bullish.

[Wulfcastle]

It seems like BC has a stronghold at 30K.

[ebliever]

Tomorrow (Friday) will be interesting. Someone was claiming to have 300 BTC lined up to pump Blackcoin. The devs spoke against it at the DailyBlackcoin.com, asking not to create a spike. So it may be interesting to see what happens (or not).

[tk808]

Tomorrow (Friday) will be interesting. Someone was claiming to have 300 BTC lined up to pump Blackcoin. The devs spoke against it at the DailyBlackcoin.com, asking not to create a spike. So it may be interesting to see what happens (or not).

300BTC to pump the people into pumping Blackcoin, not Blackcoin the coin.

A lot of pumping in the social side ~ small tip

(and no, i'm not saying there won't be a rise)



300Btc= 150,000 USD roughly, market volume has been averaged around 1,000,000. A simple 15% increase won't do much besides spur buy-ins and hype, don't stay in too long if this does happen.




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