In other words, I hope we haven't pumped BC way past what the multipool can handle.
Let's not overstate the effect of the mulitpool on the price. It gives a nice little boost but the daily trading volume of Blackcoin is 500 to 1000 BTC.
In terms of price this coin by design is going to trend upwards so long as there is demand. The amount of coins in circulation is virtually fixed (1% inflation a year is nothing). Compared to Litecoin which has
hundreds of thousands of dollars of new mined coins dumped on the market
every day. Then factor in these selling points -
10 second transactions (proof of work coins like Worldcoin FORKED when they tried to go down to 30 seconds, no way they can handle 10 seconds so they stay safe at 60 secs),
100% pure of stake, strong community, no pre-mine etc.
When we get up to Litecoins price the only dumps we have to sustain are people taking profits. If you have followed the price of Blackcoin like I have there have been several "floors". Once a floor is established and enough people have dumped their cheaper bought coins for profit, the
next upswing occurs 
. We saw this at 600 satoshis, 1500 satoshis, briefly at 3500 satoshis, 5000 satoshis approximately and if we stay in the 8000's or higher by monday I will call the 8000's the new floor.
9500 is going to be a big barrier to break. Because the last few times we've been near it the price has dipped, sometimes a fair bit. But we observed this exact same behaviour at 5000 and when we finally broke 5000 for the first time the crowd went wild and we went on a pump up to 9000 very quickly (this is exactly as I predicted and I posted as such here). My only concern right now is the BTC uncertainty with china.
A btc crash always sends shockwaves throughout the crypto community causing everything to drop. Conversely, seeing Blackcoin rise steadily in these market conditions is a very bullish indicator. These are very early days with Blackcoin and all my analysis points to big price rises ahead.
I've ended up writing a lot more than I expected but it's because I am a
passionate supporter of this amazing coin and my confidence only grew as I saw what a skilled developer we have (even found a security flaw in Mintcoin).
There is lots of fear, uncertainty and doubt spread in this community by manipulators but people here are also smart enough to read between the lines and that is why we are seeing Blackcoin grow from strength to strength as other coins are struggling.
There are great times ahead, I urge everyone to be patient and reap the rewards. 6 months from now we will all be extremely happy.
I'm done!
Totally agree with you. Didn't know that other POW coins couldn't do the 30 seconds transaction time, and now POS is fastest at 10 seconds. People, this is really huge factor seeing as at some point, (we are not there yet, very early stages of cryptos) but the speed will be huge factor in using a coin, for point of sail transactions. Once Cryptos make it to coffee shops or small stores, or even big large online store, the faster speed will be a benefit to a coin, unlike BTC which is 20 mins, or even WDC at 30 seconds if they can even do that anymore is like eternity if your waiting in line to pay for something at a store.
Sure we have a long way to go, but I really see us using more crypto coins in stores sooner than later with people that want to tap into more profit, or niche market, or just excited about this new concept. BC is by far the best choice out there right now for this to happen, if prices rise to something reasonable people, with proper payment processor on merchant end, which i'm sure is coming very soon, some small stores and companies would take BC as payment as it's fast.
As for manipulation, all markets are manipulated, all of them, to think cryptos are not, it's naive. But the BTC whale can't keep manipulating if people see through it and keep buying when they are pumping prices lower, look at the sell walls on Mintpal and sometime how they are staggered out fractions of satoshi's apart, to appear like different people. I'm not expert, but you can see it for yourself on mintpal.
So, what does one do? Take advantage of the whales manipulation and buy his coins from him, and take his stash from him. Look at mintpal and try to learn basics about these BTC price manipulators, it's all a game to them. Go even on twitter and the small whales will brag, it's amusing for them to take your coins, don't let them. Stick with BC and buy when you see them manipulate, and eventually if BC rise high enough it will get harder for them to operate, and more hashes in pool will also help whale move on, they don't wanna play with a coin that won't make them coin.
Just stick with fundamentals of the coin, what made you invest in first place, and realize at this point nothing has changed, we are not even 2 months in to this, look how long LTC and BTC took to rise, we are in top 20 most the time, if you count the coins that are not really fair like NXT and Ripple then we are even higher.
I'm in BC long haul, and not worried about day to month prices, it's long term coin for me and at this point I only mine or buy coins that have long term value to them, rest are junk.
Also remember this, wall st has not even touched cryptos yet, and 99.99% of the world does not own any, we have a very, very long way to go, and if BC takes off, 74 million coins is peanuts to the people and demand out there, we'll be using satoshi levels of BC.
It is bit sad, that there is so many problems with it.
