Facts & Assumptions
Everyone is entitled to his/her opinion and I will respect any legitimate argument. However, it seems some facts have been forgotten and/or intentionally ignored.
1.) BlackCoin is less than 2 months old.
2.) It has gained 1440% in value since launching.
3.) BlackCoin is traded on over 17 exchanges and counting.
4.) Myself and a few others are working on some groundbreaking services/products that will help increase BlackCoin value.
As I stated above everyone is entitled to their opinion, and if you feel BlackCoin doesn't have a future then respectfully you should sell, I will happily keep buying your coins. I support BlackCoin not because of emotion or naive optimism, I support BlackCoin because of the developers, community, metrics, and it's future potential. Unfortunately many people who currently trade crypto-currrencies do not have much experience in trading, nor do they have a firm understating of crypto-currencies in general. October 1st 2013 Bitcoin was trading at $127.00, and by November 29th 2013 Bitcoin was trading at $1,109. That is a 773.23% gain, compared to BlackCoin 1440% gain.
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
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.
So those of us who understand how the market works and realize BlackCoin is not just another Alt Coin will be smiling all the way to the Bank by the end of the year, while people who wanted quick cash will be asking themselves "WHYYYYYYYY"?
Everyone is entitled to his/her opinion and I will respect any legitimate argument. However, it seems some facts have been forgotten and/or intentionally ignored.
1.) BlackCoin is less than 2 months old.
2.) It has gained 1440% in value since launching.
3.) BlackCoin is traded on over 17 exchanges and counting.
4.) Myself and a few others are working on some groundbreaking services/products that will help increase BlackCoin value.
As I stated above everyone is entitled to their opinion, and if you feel BlackCoin doesn't have a future then respectfully you should sell, I will happily keep buying your coins. I support BlackCoin not because of emotion or naive optimism, I support BlackCoin because of the developers, community, metrics, and it's future potential. Unfortunately many people who currently trade crypto-currrencies do not have much experience in trading, nor do they have a firm understating of crypto-currencies in general. October 1st 2013 Bitcoin was trading at $127.00, and by November 29th 2013 Bitcoin was trading at $1,109. That is a 773.23% gain, compared to BlackCoin 1440% gain.
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
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.
So those of us who understand how the market works and realize BlackCoin is not just another Alt Coin will be smiling all the way to the Bank by the end of the year, while people who wanted quick cash will be asking themselves "WHYYYYYYYY"?
This is why I am still angry at Cryptorush. I lost quite a few coins there. I'm just now getting back to where I was then. If I hadn't lost those coins I'd have double what I do now. Oh well... lesson learned. But they pinky promised they'd pay me back my coins.
.
