You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.
With all the pumps and dumps BC has a steady upward projection. All you have to do is match BlackCoin's growth with other similar AltCoins growth and you can reasonably predict where the coin will be in 6 months. In about a 4 to 7 weeks it will be at $1.00, and in 6 months we will be around $5, you can hold me to that. There is always the chance it can explode over night, that has happened to other coins before. But based on the current growth we will be at $1.00 soon. It will be at $1.00 even quicker if people would stop selling BlackCoin at reduced prices as if they are selling MintCoin
$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.
But I thought pumps and dumps are good thing. Doesn't that mean huge % change and won't that attract new investors who want to get into throwing money in this altcoin? Sure it's not good for currency usage, but there's not really many other PoS alternatives right now.
This possible when people will believe that is better to hold BC than LTC... If we will have even one multipool which will able to produce about 50BTC buy support LTC price is achievable.
Simple maths.
New LTC today - 4800 - 120BTC/DAY - Today (price 0.025)
New BC today - 2056 - 0.14 BTC/DAY - Today (price 0,00007)
And those new BCs don't go direct for miners who need quick $ those miners are stick with BTC/LTC to get their ROI in time.
Someday those who want sell at 7000 -9000 // 11000-20000 will be replaced for those who want buy sell at 30000-80000.
This is natural growth it will take time. We all will suffer some dump and pumps like every coin but this is possible.
BC have 2 RARE factors now-days in crypto:
- FAIR initial distribution
- 0 premine or even no IPO
Today is very hard to succeed without having any of them.
In extra BC has innovation (1st POS turned of POW with solved Forking issue. )