I'm not sure where you guys are getting the idea that there is a great deal of buy support for our coin - from what one can easily see, if they check out the Mintpal order book, it is 90% fake buy and sell orders. There are scattered orders that most likely belong us, members of the community, but the rest are fakes set to pump the price up or dump it on the whim of the manipulators. It is extremely worrying to see such a lack of volume from genuine buyers and sellers.
Fake!?
That is me and my trader friends! I'm in there all the time.
People are really buying all that coin.
If you put up a buy wall - there is nothing stopping a real person from selling to it. I see it happen dozens of times per day on BC. I've sold into them and bought
from the supposed "fake" sell walls. They are real money. They sit there and get eaten in the real world.
BC is pretty much the only Alt coin I trust right now. I am tired of loosing money to miner dumps. You will see a growing trend of BC type coins.
I predicted a new trend with VTC right before it went up 10x (which I was a part of). I said every coin will start rolling out ASIC protection from now on.
And that is the case now. Everyone wants ASIC protection. Now traders want financial protection of their "investment".
The reason we all buy and sell coins is to make money. If an "innovation" comes that let's us make more money safely then that coin will prevail.
With VTC the miners want to protect their huge rig investments. With BC the traders want to protect their money from mining dumps.
I am scared to death now of new coins that have tons of mining going on. But BC makes me feel safe that no coins are mined anymore.
Maybe BTC can learn something from BC. That is why BTC keeps dropping. When you mine BTC you dump it.
I keep asking myself - why would I want mining to go on for weeks, months, or years? I don't. I am a trader. So BC protects my funds. PoS after a limited mining window.
BC is a paradigm shift coin just like VTC was.Premine coins are going out because they cannot be trusted. Coins that let you mine huge for months are going out.
Protect traders money and you get more of it. $$$$
The majority says that Blackcoin is a longterm investment. So in 12 months....what about $2.00 or $20? I know its speculation, but I'm kind of new and trying to figure out how much to invest. I've seen so many say, "I've converted all my BTC to BC."
I will throw out a prediction of 5-8 million market cap within 2 weeks.
Then probably a crash around april 15th along within BTC crash. (china bank ban nonsense).
Then a rise to over 8-10 million market cap by end of april. I'll quote this at those times.
