Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 634. (Read 2509934 times)
some one is def trying to create a bull trap
...speaking of dumps. Looks like the dev team has huge plans for farms and coordinated support walls. Just making this coin the only thing in crypto worth caring about.
http://www.dailyblackcoin.com/an-update-from-the-multipool-dev/
http://www.dailyblackcoin.com/an-update-from-the-multipool-dev/
Hoping we'll be able to buy shares in the farm as a community. Want to throw some money at it. Been holding for weeks.
ALWAYS BET ON BLACK - Update 8
UNABLE TO BREAK 53K - UNABLE TO HOLD 50k - CONSOLIDATION IN PROGRESS
The short term Pennant Pattern did not yield to a break out (yet). Not enough buyers to take the nervous sellers. The market has now established some important support areas and resistance forces that need to be resolved. The upward momentum is temporarily on hold until new buyers come to support the price. This is a small market so things can change very quickly!
A longer term Pennant Pattern still remains displaying the squeeze of both sellers and buyers. Given the strong fundamentals of this coin I am going to bet on Black but it is obvious that others have been taking the opposite side and began selling in the case that we go to test he 40K support.
See here for an explanation on Pennant Pattern: http://www.investopedia.com/university/charts/charts6.asp
Found a better chart for BC here : http://altcoingraphs.com
The three day chart shows the shorter term situation in which we are reaching a point where some strong volatility may occur. On this chart we still see the Pennant pattern and soon we will see one of two events: a run up above 50K or a drop to 40K. I see a good possibility of further consolidation needed and thus we may go down to the 40K support level to begin a new run to break the 50K resistance.
It is time to maintain big support on the previous support floors to make sure that prices are well protected. Here is the current buyer vs seller order book.
Just as I finished writing this update we are testing 40K.. sorry I was busy!
Time to rebuild some support again.
P.S You can read all of my market updates here http://www.dailyblackcoin.com/category/market-analysis-by-buy-black/
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UNABLE TO BREAK 53K - UNABLE TO HOLD 50k - CONSOLIDATION IN PROGRESS
The short term Pennant Pattern did not yield to a break out (yet). Not enough buyers to take the nervous sellers. The market has now established some important support areas and resistance forces that need to be resolved. The upward momentum is temporarily on hold until new buyers come to support the price. This is a small market so things can change very quickly!
A longer term Pennant Pattern still remains displaying the squeeze of both sellers and buyers. Given the strong fundamentals of this coin I am going to bet on Black but it is obvious that others have been taking the opposite side and began selling in the case that we go to test he 40K support.
See here for an explanation on Pennant Pattern: http://www.investopedia.com/university/charts/charts6.asp
Found a better chart for BC here : http://altcoingraphs.com
The three day chart shows the shorter term situation in which we are reaching a point where some strong volatility may occur. On this chart we still see the Pennant pattern and soon we will see one of two events: a run up above 50K or a drop to 40K. I see a good possibility of further consolidation needed and thus we may go down to the 40K support level to begin a new run to break the 50K resistance.
It is time to maintain big support on the previous support floors to make sure that prices are well protected. Here is the current buyer vs seller order book.
Just as I finished writing this update we are testing 40K.. sorry I was busy!
Time to rebuild some support again.
P.S You can read all of my market updates here http://www.dailyblackcoin.com/category/market-analysis-by-buy-black/
[/size]
...speaking of dumps. Looks like the dev team has huge plans for farms and coordinated support walls. Just making this coin the only thing in crypto worth caring about.
http://www.dailyblackcoin.com/an-update-from-the-multipool-dev/
http://www.dailyblackcoin.com/an-update-from-the-multipool-dev/
you can see someone is most def buying BC while its dropping like this. the 24 hour BTC trade volume is increasing very fast. Something is comming.....
buying befor big pump?I place my sale above 60k.
Remember the fundamentals of this coin guys. Coinkite, fast transactions, POS with no mining overhead... etc, etc. Why would this coin not rise simply on its utility as a currency? Don't believe the FUD.
Oh it will definitely continuously rise. But there will be dumps along the way. Just like any stock. If you have holdings and don't feel like trading, then not to fear, just hold your coins and you will be perfectly good.
Blackcoin is like having a precious element in very limited supply that only comes from another world.
Mine and hold.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
I agree with you SO MUCH,
fact is we have to many kids around here behind their screen thinking they are in the wolf of wall street and can make a quick $$
supply and demand.
For the kids out here, think of it as a playstation or Xbox that just came out, and is almost out of stock, you are willing to pay the double
because you cannot get a hold of it.
So just hold and price also follows uptrend
Yeah dont forget there are little kids who stumbled into money and they dont understand what it means to hold an asset. Blackcoin is the only indirect mining coin that actually has support in their mining pool. Its so popular that other coins are trying to copy it. Litecoin had the same following. The only difference here is Blackcoin can take every penny out of litecoin! Litecoin volume is so high and its ALL for Blackcoin! Watch as this coin slowly eats every coin above it. I think people are jaded because they dont realize that the coin is eating 1% of itself a day. So in the short term it doesnt seem like much but like the other poster said... just wait for an asic mining farm. Hashrate still pumps 20K a day. There is 2 groups of people playing this coin. One group "thinks" there are whales so they collectively daytrade it. But anyone who really knows what is going on would never sell their coins based on the math. Selling this coin is like selling gold.
Remember the fundamentals of this coin guys. Coinkite, fast transactions, POS with no mining overhead... etc, etc. Why would this coin not rise simply on its utility as a currency? Don't believe the FUD.
cus there are still members whit a big amount of bc
and bitcoin itself looks bullish ( wen btc gow,s up loads of alts crash )
Remember the fundamentals of this coin guys. Coinkite, fast transactions, POS with no mining overhead... etc, etc. Why would this coin not rise simply on its utility as a currency? Don't believe the FUD.
What FUD?
Remember the fundamentals of this coin guys. Coinkite, fast transactions, POS with no mining overhead... etc, etc. Why would this coin not rise simply on its utility as a currency? Don't believe the FUD.
some one building a bull trap >?
That's what it looks like.
Be very careful you guys.
what exactly do you mean? Buy now or not buy now?
It's a gamble if you plan to trade. If what we see is legit, then we win by buying now. If it's a trap, then we lose when the major dump comes. I am personally sitting this one out as I won't be up for much longer.
In the long run though, it is win/win because price will only keep rising. Significantly.
some one building a bull trap >?
That's what it looks like.
Be very careful you guys.
what exactly do you mean? Buy now or not buy now?
easy explanation
bull trap = locking in buyers @ higer prices ( while dumping the price lower )
some one building a bull trap >?
That's what it looks like.
Be very careful you guys.
what exactly do you mean? Buy now or not buy now?
some one building a bull trap >?
That's what it looks like.
Be very careful you guys.
Mine and hold.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
I agree with you SO MUCH,
fact is we have to many kids around here behind their screen thinking they are in the wolf of wall street and can make a quick $$
supply and demand.
For the kids out here, think of it as a playstation or Xbox that just came out, and is almost out of stock, you are willing to pay the double
because you cannot get a hold of it.
So just hold and price also follows uptrend
Not to mention with proper marketing and a 'built for blackcoinpool' asic farm, there's no telling how high it could go.
some one building a bull trap >?
Mine and hold.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
I agree with you SO MUCH,
fact is we have to many kids around here behind their screen thinking they are in the wolf of wall street and can make a quick $$
supply and demand.
For the kids out here, think of it as a playstation or Xbox that just came out, and is almost out of stock, you are willing to pay the double
because you cannot get a hold of it.
So just hold and price also follows uptrend
you can see someone is most def buying BC while its dropping like this. the 24 hour BTC trade volume is increasing very fast. Something is comming.....
This may end up with a big pump. Let's see what happens.
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