Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 297. (Read 2510350 times)

well there is some trend if you look at the past two weeks for it to hower between lets say 27K and 33K

if you have enough BTC and ride those waves there is enough money to be made, so probably they manipulate it the way to ride that wave as BC has the most volume they can do this

Yeah, seems fishy, I've the whales on mintpal, and they really do manipulate prices it seems. IDK, but just really doesn't make much sense logicially, why value is so low, yet we are becoming one of the best alts out there with highest volume.

How is the volume so high and trading range pretty much hoovered in same place for so long?

Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?

"Propaganda does not deceive people; it merely helps them to deceive themselves".
--Eric Hoffer

Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?

"Propaganda does not deceive people; it merely helps them to deceive themselves".
--Eric Hoffer

Anyone ever wondered with all the media hype we have received in the past few weeks, and all of the services that now accepts BlackCoin, why are we still trading at the same level for the past 2 weeks? Everyone I meet and chat with claim they are holding BC and not selling, have you ever asked yourself why is someone selling so low?

"Propaganda does not deceive people; it merely helps them to deceive themselves".
--Eric Hoffer

Holy shit the centralization argument still? How do you centralize something you control a fraction of? Seriously how much could they possibly control within the group that is likely "the foundation" - 3% is my estimate, topping out at 5% - and anything suggested over 10% is patently absurd. I've been with this coin since minute fucking zero, every day. The people you accuse of "centralizing" don't have the marketshare to centralize the currency you halfwit.

It's a troll at this point. He's ignoring simple math.

RUNNING A FEW NUMBERS...

This proposed -or real- "Foundation", for what we all know by now, will be comprised of 15-20 individuals "that were here more or less from the beginning" and that are all well know to the community... well, since the whole thing exists only for just over two months, how "well known" can they be?

But since the ra-ra mentality is obviously much more active here than the simplest exercise of critical thinking, let's try some numbers so no one can claim "oh I didn't understand the potential ramifications and dangers. It is already established that the proposed -or real- "Foundation" is, in reality, a "Group of Investors" in which Rat4 and The DOGE take part. There's no other purpose, NONE, that supersedes the main if not only purpose of a "group of investors". By simple and pure definition: To make profits, i.e.:Money. Pure and simple. No ifs, no buts.

With that in mind, I believe it is safe to assume that of those 15-20 investors now in the proposed "Foundation", we will find that they hold most if not all of the top 20 BlackCoin Wallets. And maybe quite a few spares. That's by themselves, not even counting family members, friends or associates already converted to the BC "faith". Remember, the MAIN interest of such group, by definition, is to obtain profits, ok? Now, place yourselves in a position in which you personally or a group of "yous", own double or triple the amount of BC that is traded daily in the exchanges. And just limit the vision, for concentration and clarity purposes, to the two main exchanges, MintPal and Cryptsys. I'm sure you can easily see the unlimited possibilities... on arbitrage alone... which means simply selling in one place and buying in the other while actually maintaining the same amount of BC at the end of the day. Even at $0.12 a piece, the current price, you can easily imagine that such activity, even at much lower levels, would produce dreamlike kind of profits with practically no risks whatsoever. Will the Investors Group in the "Foundation" do this? Of course not, will they? Can they do it, exceptionally or on a regular basis? YOU answer that question. There's a reason why such a thing would mean jail time -extensive- if it were to happen in the real world.

But since we are all being so proactive, so well mannered and putting extensive amount of ribbons to everything that we post not to hurt too many sensitivities, one would actually believe one has entered the Twilight Zone. Now we have this "generous" guy, Colin, that offers to match up to $5k whatever donations, as it this were some kind of telethon. It is already a freaking circus with a bunch of people vying for who comes with the most outrageous idea of what to do so they can sell at 37 and buy back at 30 and brag about it. It is greedy beyond words, pathetic to extreme that such amount of real resources, which could save hundreds of children's lives, quite literally, would be used in this dick-measuring context for the ONLY purpose of getting a coin to trade at 37 instead of at 30. There's no generosity in that. There could be a bunch of other adjectives, none even remotely being "generous"... and and I can see the question in the ever attacking "defense" coming... the answer is "not enough", ok? So you can save yourself the inevitable question.

Can the "Investment Group" exist and be called "Foundation" or any other name? Well, in fact it does already exist, obviously. Organized and ready for action as we saw in the campaign against IC over the weekend. The Land Grab had already taken place, just covertly. Now it is kind of official. You guys, the "community" can do whatever you want but we are BlackCoin and no one but us will ever have control over it. We are the devs and now we are also The Foundation. Marking territory. Besides, we have the coins. We can do anything we want. In fact, let's move the "discussion" to forums we absolutely control and where absolutely no dissenting words are ever allowed to be posted.

Well, there are no positives in that. No matter how you pretend to disguise it. Like I warned before, it will prove sooner, rather than later, BlackCoin's undoing. A pity because I love the gorgeous logo. But calls for reason, sadly, are an exercise in futility. Hopefully not too many people will be severely hurt by the inevitable.

Now back to your previous ra-ra's.