Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1249. (Read 2509934 times)
you people and your immediate jump to the worst possible scenario...
how do you people function?
down indeed.
hope they don't follow cryptoflush, I just bought some BC today :/
getting worse. would not end up like coinmarket
MintPal down ?
You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
Echoing those that have suggested checking out the MAX view on Mintpal's exchange for some perspective :
https://www.mintpal.com/market/BC/BTC
Here's a screenshot of the current timeline
You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.
The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.
So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.
March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).
Ist curve took 6 days, 2nd has taken 8 or 9.
So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.
This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...
All things being equal. Terms and conditions apply. Etcetera etcetera ....
EDIT ( forgot to mark sats in thousands ! )
https://www.mintpal.com/market/BC/BTC
Here's a screenshot of the current timeline
You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.
The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.
So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.
March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).
Ist curve took 6 days, 2nd has taken 8 or 9.
So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.
This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...
All things being equal. Terms and conditions apply. Etcetera etcetera ....
EDIT ( forgot to mark sats in thousands ! )
You kind of can actually. BC's zoomed out graph looks very similar to... BTC's long-term trend. It's no surprise each movement is taking longer and longer to happen. With that said, smart traders know when to make their buys to set up for the next possible movement.
fear fear fear seems like no matter the coin from btc to doge all I hear is fear. Do people really think we can do anything grand with so many people that scurry like rats at the blink of an eye?
open beta blackcoin pool just started
You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
You don't say ... ;] .......... hence my note about 'a bit of fun' and 'All things being equal. Terms and conditions apply. Etcetera etcetera ....'
You can not look at past trends and make assumptions about the future price ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
This could fall into pieces any moment or hit the moon any moment .. who knows ..
Echoing those that have suggested checking out the MAX view on Mintpal's exchange for some perspective :
https://www.mintpal.com/market/BC/BTC
Here's a screenshot of the current timeline
You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.
The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.
So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.
March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).
Ist curve took 6 days, 2nd has taken 8 or 9.
So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.
This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...
All things being equal. Terms and conditions apply. Etcetera etcetera ....
EDIT ( forgot to mark sats in thousands ! )
https://www.mintpal.com/market/BC/BTC
Here's a screenshot of the current timeline
You'll notice that the curve from March 17th to now is almost an exact scaled-up copy of the curve from March 11th to 17th. Except that it is taking a little longer to adjust back to the lower level.
The high point of each curve is 4 times the level of the start of the curve, and it settles back to halfway between.
So, March 11th we were at around 1000 Sat, minor surge, followed by steep surge up to 4000 sat, followed by an immediate retreat to 2000 sat.
March 17th we were at 2000 sat, minor surge, followed by steep surge up to 8000 sat, followed by a more gradual retreat ( maybe back to 6000 sat, probably not ).
Ist curve took 6 days, 2nd has taken 8 or 9.
So, I thought it'd fun to see where we might be at in a few months if this pattern repeats.
This implies we might reach 50,000 sat by the end of July. The underlying trend is very steady. It has ( gasp! ) troughs as well as peaks ...
All things being equal. Terms and conditions apply. Etcetera etcetera ....
EDIT ( forgot to mark sats in thousands ! )
love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!
just click on the max button on mintpal then on the 1 week youll see what im looking at, if you only ever look at the 3 hour timeline youll just see the panicking
I see now.
Thanks.
Are there any other reliable exchanges where this coin can be traded or
this one is the best one?
love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!
just click on the max button on mintpal then on the 1 week youll see what im looking at, if you only ever look at the 3 hour timeline youll just see the panicking
Panicking from day to day fluctuations will not do you any good. Prices will go up and prices will go down. The point of someone pushing the price down is to incite panicking so people will sell low and they can buy cheap coins. What is funny to me is this happens everyday from one coin to another, and still the same people keep falling for the same trick. Then when the price rises again, those same people complain about how they should not have sold their coins.
David Latapie correctly pointed out that when the multipool is running BlackCoin price rises steadily. However, when the pool is down the price goes down a bit. I am starting to wonder if we had 3 or 4 multipools running 24/7 would BlackCoin's price skyrocket. Because with that many pools buying up coins, it would be very easy to wipe out these fake sell walls.
David Latapie correctly pointed out that when the multipool is running BlackCoin price rises steadily. However, when the pool is down the price goes down a bit. I am starting to wonder if we had 3 or 4 multipools running 24/7 would BlackCoin's price skyrocket. Because with that many pools buying up coins, it would be very easy to wipe out these fake sell walls.
I have thought this very same thing. Let's see what happens when we get more multipools.
What can we do to encourage people to start more multipools? Is there a reward system of some sort for all the hard work?
I am not sure what the reward system is. Mellomike would be best to answer this question.
love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
Where are you looking at this prices on which exchange?!
I ask because whenever I go to mintpal to check the prices the price there
never reflect the claims in this thread!
love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
4500.... good luck not with 3000 btc in the last 48 hours traded above 5k.
Once this hits 9500 all the trades betting bc will go lower will start jumping back on again. I also foresee a lot of crying it didn't go lower.
love the market analysis.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
new bottom has been tested twice again, eiter we stabalize then go down for a while (unlikely due to the increase in volume), or we have created enough support for our next leg up.
so slow drop to 4500 range until we get more support, or quick jump to 12-15k
50k in this jump is unlikely due to the dampening effect of cost/BC, but if we see 1000BTC+ trade volume for the next week not impossible.
BC dump！！！！！！
BlackCoinMiner.com is coming back online TODAY!
Follow us at @BlackCoinMiner on Twitter for updates. This new update of the site now includes better stats, new coins, and a very stable server.
Let's make some BC!!
Once everything has been thoroughly tested, would you be willing to make the code for the multipool available for other members to setup their own pools? I sincerely believe more pools will be better for the community in a whole, and it will definitely help increase and stabilize BlackCoin's price.
For sure, I'll be happy to. I believe the more pools we have, the less stress the main (official) pool will have. Once things are ironed out and the code is clean, it will be up for anyone to download.
That is great news! Depending on demand I might setup a pool to offset the load. I am behind BlackCoin 100% and will help in any way I can.
Panicking from day to day fluctuations will not do you any good. Prices will go up and prices will go down. The point of someone pushing the price down is to incite panicking so people will sell low and they can buy cheap coins. What is funny to me is this happens everyday from one coin to another, and still the same people keep falling for the same trick. Then when the price rises again, those same people complain about how they should not have sold their coins.
David Latapie correctly pointed out that when the multipool is running BlackCoin price rises steadily. However, when the pool is down the price goes down a bit. I am starting to wonder if we had 3 or 4 multipools running 24/7 would BlackCoin's price skyrocket. Because with that many pools buying up coins, it would be very easy to wipe out these fake sell walls.
David Latapie correctly pointed out that when the multipool is running BlackCoin price rises steadily. However, when the pool is down the price goes down a bit. I am starting to wonder if we had 3 or 4 multipools running 24/7 would BlackCoin's price skyrocket. Because with that many pools buying up coins, it would be very easy to wipe out these fake sell walls.
I have thought this very same thing. Let's see what happens when we get more multipools.
What can we do to encourage people to start more multipools? Is there a reward system of some sort for all the hard work?
Yea its crashing, what time does the 100 BTC buy order from the multipool come in? 
Did the multipool really generate 100 BTC in revenue? If so, how many days did it take to do that?I don't think it can generate that much in a single day, at least not until it is fully functional and out of Beta stage. That pool is so wildly, insanely popular I have no clue how they are making it work. At one point it had nearly the Nethash as Litecoin I think. That is truly incredible. It will crush everything in its path. I believe no amount of profit-taking or panic selling will stop this juggernaut once its rolling. How could it? This is a totally different animal. Even a small amount of constant buy pressure will always 'force' a rise in value. Eventually coins will migrate towards long-holders whom are buying on the dips and then there is no stopping the value from increasing. Once we get through this last group of people that just 'must cash out for 300% profit" before 10k sat who knows what will happen. 10k? 100k? sats? You betcha, I'll see you in hell!
Yea I didn't think it could do it in a day, I figured a few days at least. But 100 BTC even in a few days is not bad. I will definitely point one of my smaller rigs to the pool just to help out. I agree once the pool is up and running the buy pressure will keep the coin rising. That is why I do not understand all this panicking. We have stabilized around 7000, and once the pool is up and running 24/7 who knows how many sat the value will increase.
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