Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 228. (Read 2510356 times)

That is a quote from Grittenald on reddit:

Yes, in QQ yesterday night 3 whales were arguing. 2 dumped to get their friends into the game while 1 was trying to pump. Spoke to them as well. That is pretty much what happened. Price might go lower until they get enough Blackcoin.

Easy to manipulate at this price.

Also, if you take into fact that we will be coming out with some fairly large announcements in the near future, this usually tends to happen.

In general you know how crypto market works currently - simple PnD cycles.
IE coin or any celebrity coin like THE BIGEST ONE MAXcoin don’t stay long if all markets ...
If you will be luckly and sell  it with profit that is good for you some one will win someone will loose.
New coin is usually are hot to 1st pump... end is usually the same.

For me and other good strong coins point is to be going on top when money will return to crypto…
Remember LTC was 50$ now is 4$ and BTC 1200$ and went down to 300$ crypto price is pure speculation
About blackcoin it have active community so some people will hold those coins some won’t.
In last few months I have seen that only pure speculation was moving markets imagine what will be when
BTC will recover 1000$ and eyes will go to alts with so low volume BC can easy go 10x-20x but this is risky thinking too.
Anyway in crypto there is no safe coin all are PnD but they have different time scale.

At the end I believe in technology that BC/all crypto brings it self it gives us freedom from governments and they sticky hands.

PS: BC will live price only will cange over time once -50% once +50% like on market.


No volume and someone dumped 120k BC so he moved price few k lower.
Sometimes people need money for bills, Christmas gifts or other stuff and have to sell in rush
or just want get rid of some coin portfolio but selling 120k at once looks to me more like selling hacked BC
from someone wallet more than smart trading to e honest.

If you look in BC at form / reddit / here bc lives.

Regret that does not sell my 50,000 Black 31 MAY / JUNE 1 (I bought them at a price 0.00023-0.00026)
PASSED half a year since that time and the results are getting worse despite all efforts. I am afraid that it will take half a year and BLEKKOIN die.

Or who thinks that after 3 years to radically change something?

there is still losers like me who have been waiting and waiting for a result ended up with a bunch of useless coins?

sorry for my English using Google Translate

why Black fell so much in 2 days?

Not that he can be taken seriously since, of late, he even recommended buying BC, but isn't it just poetic that on the very day that BC hits the lows practically since launch -on its way to the total oblivion I predicted many months ago-, IconicExpert's just-launched coin shoots up 150%? I find it deliciously hilarious...

Just though everyone here would appreciate the irony.

Ta da!

Again, see my post so you can understand what is going on:

http://www.reddit.com/r/blackcoin/comments/2mohjn/blackcoin_foundations_presentation_in_hong_kong/cm65fw8

Well, liquidity is liquidity right?  :| 

7000 sat.  I miss 3-500 sat BC when BC was a baby.

huge dump from all exchanges

While I agree with the (I think) intention of this post... it's illogical.  Day traders (regardless of what the price they trade at) are only keeping the price down if they are divesting completely.  If not, then they are contributing as much support to the buy side as they are providing resistance to the sell side.

If the liquidity shrinks to under 1 BTC volume per day, but there's no day traders... the price could be 100K sats... and it won't matter at all because it will be useless as a currency.  A single decent trade will kill off the whole side of the market and BC will die.  What is needed (IMO at least) is exactly the opposite... much more liquidity.  Unless you dream of a world full of nothing but bagholders - there must be movement in the market... as that is people using the coin as money... not simply hodl'ing until it whimpers out of existence.

If more and more stores start accepting BC - that's BC that will be appearing on the SELL side of the exchange... if there aren't traders trying to squeeze some profits out of their portfolios, and little to no hype of something new to stimulate the buy side - they will soon stop accepting it and go back to fiat/credit.  Some day there might be a full marketplace where a vendor can sell goods they can purchase in bulk using BC - at which time it's no longer a problem.  That time is a long way down the road from where I'm sitting.  

Very very few people make the current price at a ridiculous ~80 BTC volume, 99% of coins are neither being traded nor dumped.
Whoever is trading now is probably trying to hold the price down for buying or maybe riding the BTC ups and downs (the last BTC pump marked the start of latest BC downtrend), also all altcoins are having (another) hard time atm.

Whoever is concerned about the price should (if they do) stop all the stupid arbitrage trading for a few SAT margin. Every day you can read comments from persons who wonder or complain about the low price and at the same time boast with some coins they made with such trades, while they actually help to keep the price low.

Don't worry, blackcoin is currently #8 at http://worldcoinindex.com/.

Want to change something? Join new community projects group: http://www.reddit.com/r/blackcoin/comments/2mngfi/blackcoin_project_manager/

Is BlackCoin on its way out of the top 20 overall?  I can't tell if this is a good profit opportunity (to buy in low) or a good popcorn opportunity (to watch it burn all the way down)... I always thought BC had really good ideas, but not such a great name. Same goes for NightTrader which sounds a little too close to Night Train (if you are in the USA you may know what that is).  But... I'll say the name was perfect for the climate BC was started in, when alt buzz was was all anon this and stealth that for awhile. 

Yes the site was abandoned by the original owner. We mostly use reddit now and blkfeed.com forum for separate threads

I try to be everywhere, anyways read my post here:

http://www.reddit.com/r/blackcoin/comments/2mohjn/blackcoin_foundations_presentation_in_hong_kong/cm65fw8

Also, you can check my presentation I did in Hong Kong here: https://t.co/uaAb2cJnfW

This thread is the most active at the moment other alternatives are either reddit.com/r/blackcoin or blkfeed.com.

It seems that there were some arguments between some large BC holders that went on to mess with the price.

Edit to above:   apparently this is down?   http://www.blackcointalk.com/

Does anyone have a list of the current, non-splintered threads for BlackCoin in BCT  right now?  It's hard to tell which one is the most current, tho it seems to be this one?  There's a lot of selling after such a long idle drift downward but not much discussion about it.  Cryptorush BC theft being liquidated maybe?  Just spitballing here.

Someone sold 100k down to 7050 on bittrex . Instant loss for the seller, instant profit for the buyer .

18:50:12  0.0000705  100000

will vote unless a twatter or fuckbook acoount is required ;-)