Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1389. (Read 2509928 times)

quick question...
i try to send BC from my wallet to different wallet

but it say amount exceeds my balance ( i'm sending much less than my balance)

anyone know the reason ?

I like to speculate as much as anyone about what can or 'will' happen.

But the truth is we are in new ground for crypto. 

The multi-pool is going to do dump 25-40BTC into BC in this '24 hour block" we are in.  That is a lot of BTC (to this coin) and eventually (over days)  the positive pressure will just keep inching into all the weak hands.  Look at how close we got to a break-away price increase today.  At one point we had only been a few BTC away from clearing all the sell orders.  Think about that.  Demand almost exceeded total supply for a short time that is incredible.

I wouldn't estimate the sheer number of people that would seem to prefer to make $50, instead of $5,000.  They could set us back, if the next several strong price increases people just dump all over to make a quick buck.  However they will eventually run out of BC.  I believe most mining on the multi-pool are going to sit on the coins.   Or even half them would be great.

I think its a bright future,  Anyone that comes in here and spreads a bunch of crap is just trying to scare you.   

These are the facts.

No-mining to get cheap coins to dump
Multi-pool creates buy pressure removing the spoon from the mouths of the dumpers.   There is a real chance you won't be able to buy back as cheaply as you want, Or need.
No high interest rates to generate coins to dump daily.

The truth as I see it, is this coin is now very hard to manipulate.  Sure big holders can dump the price, for a time.  But they have no promise of being able to buy back in.  And who would want to miss this ride?

If by a "lot" of momentum you mean around 20-30 btc then sure... although I consider the upswing of 1300 btc to be a better indicator.

There's a lot of market momentum pushing the price at 3500. People are still dumping coins below that price in an attempt to drop it back down, or simply to get out. That being said there's a lot of buying still going on. If it fails to break 3500, tonight I could see us on a small downtrend.

It's obviously stabilized around 3500 sat now. Should have gotten back in when it was at 2800.

I think the thing with aurora is that there were only ever 100,000 coins in actual circulation, the rest was speculation. I checked out the thread and surprisingly it just seems to jump up to a massive market cap overnight, then you've got people claiming that aurora could achieve a $30 billion market cap.

I see a lot of potential in blackcoin, I'm just waiting for the right opportunity to get back in.

Your being a little dramatic, please refer to my post about the wallet analysis done AFTER the drop to 2500 and stabilization at 3500. Estimated that less then 2 million coins changed hands during the drop, the vast majority of top 100 and top 10 held their coins.

https://bitcointalksearch.org/topic/m.5720359

TLDR, market was overheated, it corrected and will continue once it is done consolidating.

consolidation phase, 3000-3500, might push to 4k tonight, but I expect it will just chill out till tomorrow morning (PST times)

I suggest you stay out... This coin needs stake holders that are going to hold on to the coin.. not run crying everytime someone says BOO!

So hopefully some investors who don't want a quick cash out will bought out your coins.

Im not all that familiar with auroracoins story.... how did it get to .1 btc.  Is it even possible BC could do that, or would that make ots market cap just too large?

Feels good

I like black,I like this coin.

Interesting name.

Is it buying time yet? I cashed out at a decent price because I saw the correction coming. No good pump can last forever.

Also the guy that commented he could crash the market to 1500 if he wanted to, that shook me a bit  And then the sell walls kept getting taller and taller. Damn whales made it impossible to break 5k.

This. Add to this that 3-5 btc would bump the price up to 5000+ sat right now. Tomorrow will be another interesting day, people that sold are going to cry... Or buy back in lol

It's amazing that the 24 hour volume is more than 50% of the total market cap value.

try find Dev r4t posts his story about dealing with POS problems solutions are to smart form me.

You make good points. I didn't really mean to imply that it was a organized pump. I just think there were sharks swimming in the tank with all of our volume.

What has to wake up will wake up, but the music industry still needs to sleep a bit...
If they wake up, u can give them a ticket to the BC party...but they will not have any coin...most of them...

It wasn't an organized pump. It was just some people getting a bit greedy and thinking it was going to hit the roof. Human nature.

the market was a little overheated and it dropped back to support accordingly.

this new high and the drop and rebound should solidify that this coin is going places.

1) massive volume
2) all volume over 2500, with a majority over 3500
3) tons of interest was generated
4) broke new records for volume and market cap
5) price stabilized above the breakout level of 3000 >> momentum to the upside is confirmed.
6) on break of 5k, there will be enough buying to push to 6000 or even 7000 on the next leg