Topic: [ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous - page 75. (Read 609568 times)

We need WIZ back onboard

Been thinking about everything I've read here during the last week and I've come to the following conclusions about bc:

1) It is most probably in that 1-2% of altcoins that possibly has a future. There are people actually working for the coin and most importantly there are services being built on top of it.

2) Despite (1), and also despite the fact that staking is possible for holders, holding BC does not seem to be a wise decision. The reason is the marketing strategy that is used, which results in huge unjustified price drops. The team does everything possible to prevent pump action, while at the same time does absolutely nothing to prevent unexplained price drops. For instance, the price dropping from 24k to 14k is considered as something natural, while a similar rise is considered as an unwanted pump. I cannot possibly know the reason for this strategy. However, simple common sense indicates that by using such a strategy it is possible to have total control over who has the advantage during the pumps and thus maximum profit. It is quite obvious that those who benefit the most from such a strategy are the dev team and possibly others who might be close to them.

So, selling bc during periods of unexplained silence from the dev and marketing team should be considered a wise decision.

No intention to FUD here. If I am making a mistake, feel free to correct me.

PS: FYI, it's not me the one who's been dumping.