A few of us have been watching BC trading on Mintpal for quite sometime. It is not a coincidence that every time BC is on the rise it is abruptly halted around the mid 9000s.
Interesting, do you have any graphs/charts indicating this? I'm not saying it's a coincidence, just that since the BC market seems to be rubber-banding upward it seems natural to stall around 9000 mark and then push past it after a few tests of the 9500 range.
You have access to the same charts I do. It is common knowledge that someone is pushing the price of BlackCoin down. It is not the "market" that is dictating BlackCoin's price.
PS: I do not do passive aggressive, I do aggressive aggressive....
Alright, I guess it's just different interpretations of reading the tea leaves Either way I wouldn't worry long term
Personally, I think the truth is somewhere between your two interpretations. I don't really think there is a dastardly committee out there colluding to keep Blackcoin under 10k. My 15 years experience on Wall Street tells me it's more about the fact there's simply some good money to be made by playing the range - if you are a decent trader. It's too easy, so why not? That is, UNTIL sufficient buy-pressure builds for a breakout. The latter will happen, not through the same money trading back and forth. It will happen with an influx of new money, new players, and wider exposure. And we are sure as fuck heading in that direction.