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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 642. (Read 2509934 times)

hero member
Activity: 966
Merit: 501
We are stuck at 50K.......exactly like when trying to break 40K.....

....and it was also the same at 9500 Wink
full member
Activity: 168
Merit: 100
We are stuck at 50K.......exactly like when trying to break 40K.....

This happened at 5000, 10000, 40000, and now 50000.
hero member
Activity: 700
Merit: 500

everyone who is thinking this is the next bitcoin and putting everything into it, especially the new people, this is very dangerous, and you will probably get burned.

whenever an investment is a sure thing or too good to be true, it usually isn't, since forever.  being digital dont make no difference.

its worth holding a few BC I think based on big community and its performance to date...

but DONT sell the family silver, as unlike Bitcoin which didn't have the competition around now, BC's recent performance can change in a nanosecond with something else happening in the market, and all the fundamentalist BC bitcoin millionaire wannabes will turn into an army of fundamentalist bagholders trying to pump to 100 satoshi claiming BTC has a 'great community' if you catch my drift.

cheers



This is good advice.  Never invest more than you are willing to lose.  Cryptocurrencies are closer to gambling than they are to investments.  However, if you do your research, it is more like gambling while counting cards. 

Still, it is very speculative.  Proceed with optimism and caution.

That being said, GO BLACKCOIN!!!!
That's absolute basics.
Do not invest what you cannot afford to lose completely. Even though it is very unlikely with BC i don't have 50+K Euros saved money in it but "only" the 5k I can easily afford to lose at any time (damn, i am gonna make 2 millions and not 20 now LOL)...

If someone still mentions it here, it's just for the trolling effect and/or because they cannot say anything "anti-BC" that's actually related to the coin itself.
member
Activity: 65
Merit: 10
All hope has died
We are stuck at 50K.......exactly like when trying to break 40K.....

BC prices were manipulated back to 50k. You're not stuck, someone is manipulating the price.
legendary
Activity: 1260
Merit: 1001
+1

The higher the price of BC the more obscene the predictions get. People need to keep their cool, I know it is very easy to get swept into the hype when prices start
to fluctuate, people start imagining yachts, sports cars and mansions.

everyone who is thinking this is the next bitcoin and putting everything into it, especially the new people, this is very dangerous, and you will probably get burned.

whenever an investment is a sure thing or too good to be true, it usually isn't, since forever.  being digital dont make no difference.

its worth holding a few BC I think based on big community and its performance to date...

but DONT sell the family silver, as unlike Bitcoin which didn't have the competition around now, BC's recent performance can change in a nanosecond with something else happening in the market, and all the fundamentalist BC bitcoin millionaire wannabes will turn into an army of fundamentalist bagholders trying to pump to 100 satoshi claiming BTC has a 'great community' if you catch my drift.

cheers



This is good advice.  Never invest more than you are willing to lose.  Cryptocurrencies are closer to gambling than they are to investments.  However, if you do your research, it is more like gambling while counting cards. 

Still, it is very speculative.  Proceed with optimism and caution.

That being said, GO BLACKCOIN!!!!
full member
Activity: 168
Merit: 100
IconicExpert whats your opinion on why market is curently cooling down?

Is it the hollidays or maybe that most of nonbelievers have sold around 50k?

The holidays mostly and just normal market behavior. Within 24 hours we will see upwards movement again.
sr. member
Activity: 1274
Merit: 250
PredX - AI-Powered Prediction Market
We are stuck at 50K.......exactly like when trying to break 40K.....
member
Activity: 112
Merit: 10
everyone who is thinking this is the next bitcoin and putting everything into it, especially the new people, this is very dangerous, and you will probably get burned.

whenever an investment is a sure thing or too good to be true, it usually isn't, since forever.  being digital dont make no difference.

its worth holding a few BC I think based on big community and its performance to date...

but DONT sell the family silver, as unlike Bitcoin which didn't have the competition around now, BC's recent performance can change in a nanosecond with something else happening in the market, and all the fundamentalist BC bitcoin millionaire wannabes will turn into an army of fundamentalist bagholders trying to pump to 100 satoshi claiming BTC has a 'great community' if you catch my drift.

cheers



This is good advice.  Never invest more than you are willing to lose.  Cryptocurrencies are closer to gambling than they are to investments.  However, if you do your research, it is more like gambling while counting cards. 

Still, it is very speculative.  Proceed with optimism and caution.

That being said, GO BLACKCOIN!!!!
member
Activity: 84
Merit: 10
I just purchased some more BlackCoins! I'm all in now!
full member
Activity: 274
Merit: 100
Progress Report

Potential investors often read this thread to determine if BlackCoin is a good investment or not. It is time consuming to weed through the FUD and troll activity. I will be launching a new site soon that will be everything BlackCoin. Until then I decided to create a quick progress report to help anyone still doubting BlackCoin.

1. BlackCoin has increased 9820% in value since launching in February.
2. From April 1st to April 21st BlackCoin has increased in value 892%. 
3. In the past week BlackCoin value increased 451.11%. (After the sell off)
4. BlackCoin has a total of $ 1,839,352 in daily trade volume.
5. BlackCoin is currently #3 in trade volume only beaten by Bitcoin and Litecoin.
6. BlackCoin market cap is currently $18,360,767 which puts BlackCoin in 9th place and quickly approaching 8th place.

If we have another week of 451% gains..we could easily be trading well above 200000 sat. Obviously 200000 sat in one week is very optimistic after having a sell off, and past performance does not guarantee future performance. However, if BlackCoin value only increase by 200% this week, we will be trading near 100,000 sat.

So if you are on the sidelines waiting to buy low, forget it! Now is the time to buy BlackCoins. The mid 45,000 sat floor will increase to at least 70,000 - 80,000 sat by the end of the week.

As always; Great Recap !

Just advise new investors here that I my reply to the above was deleted by a 'moderator' for being off topic.

In that reply I gave my opinion that BC is headed for a big dump.  And I also pointed out Whitecoin is now in the picture.

Not sure why this is off topic, unless we have a biased moderator - so just be careful what you type here, seems anything questioning BC is not allowed, so an accurate picture is not being given to people hoping to come here for fair discussion on the coin.

cheers

PS I have screenshot this page in case it gets deleted, then I will start a new thread 'BC Memory Hole' and repost the questions there for people to answer - cheers

EDITED: nvm I am going to stop replying to trolls all together its a waste of my time.
full member
Activity: 210
Merit: 100
well i'm not worried i'm a TOP believer this coin can actually get somewhere.
sr. member
Activity: 336
Merit: 250
CS Student - BC Logo Guy
IconicExpert whats your opinion on why market is curently cooling down?

Is it the hollidays or maybe that most of nonbelievers have sold around 50k?

This is simply the hype wearing off. Look at the charts. This has happened after every jump and cool down. No worries.
full member
Activity: 210
Merit: 100
IconicExpert whats your opinion on why market is curently cooling down?

Is it the hollidays or maybe that most of nonbelievers have sold around 50k?
member
Activity: 112
Merit: 10
ALWAYS BET ON BLACK - Update 7

STRONG PENNANT CHART FORMING - CONSOLIDATION IN PROGRESS


After the sharp price movements from yesterday a typical Pennant Chart is forming. This formation should resolve to the upside to test the 55K resistance when enough volume takes out the panic sellers that formed with the previous violent price movements.

See here for an explanation on Pennant Pattern:  http://www.investopedia.com/university/charts/charts6.asp



How much volume will be needed to break out? Looking at the three day chars we can see that the previous breakouts of resistance required 400 to 1000 BTC. In the last hour we attempted a break but the volume was not strong enough to get the job done.  Our recent attempt had 150 BTC volume.



Sellers and buyers after the break out attempt have re-aligned but buyers are displaying weakness at 45K, which if attacked could take us back to 40K Sad



Further consolidation is required here to rebuild 45K support and to gather enough BTC to go to the next level.

Buy-Black

P.S You can read all of my market updates here http://www.dailyblackcoin.com/category/market-analysis-by-buy-black/


This is one of the main reasons I love Blackcoin.  You usually have to pay for this type of analysis.  Well done!
full member
Activity: 238
Merit: 100
ALWAYS BET ON BLACK - Update 7

STRONG PENNANT CHART FORMING - CONSOLIDATION IN PROGRESS


After the sharp price movements from yesterday a typical Pennant Chart is forming. This formation should resolve to the upside to test the 55K resistance when enough volume takes out the panic sellers that formed with the previous violent price movements.

See here for an explanation on Pennant Pattern:  http://www.investopedia.com/university/charts/charts6.asp



How much volume will be needed to break out? Looking at the three day chars we can see that the previous breakouts of resistance required 400 to 1000 BTC. In the last hour we attempted a break but the volume was not strong enough to get the job done.  Our recent attempt had 150 BTC volume.



Sellers and buyers after the break out attempt have re-aligned but buyers are displaying weakness at 45K, which if attacked could take us back to 40K Sad



Further consolidation is required here to rebuild 45K support and to gather enough BTC to go to the next level.

Buy-Black

P.S You can read all of my market updates here http://www.dailyblackcoin.com/category/market-analysis-by-buy-black/
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Fake?  Nice!  Check my history on reddit:  /u/acseric

Apparently, I have been fake there for months.  Or maybe I have a time machine or something.



don't worry about the trolls. The more successful blackcoin is the more they show up.

To bad they don't get bc for running their mouth. Their loss.

Welcome !

Check out coinkite as well, link below.
sr. member
Activity: 308
Merit: 250
What's the point to have a coinkite?

BC is so fast, that it doesn't need coinkite.

Coinkite provides PoS equipment for vendors. And vendors who already have it can start taking BC.

Yeah, I understand that. But I could save more money by downloading Android wallet. BC is extremely fast that you don't need vendor POS. Plus I could save .50 percent fees by not using coinkite.

Coinkite removes most of the risk from the vendor.  It as well gives many options for exchanging to fiat (if the vendor so desires).  I think this is the main benefit.  It means that some vendors, who may not have much interest in Crypto, but want something to add value and traffic to their storefront.

  Phad
newbie
Activity: 20
Merit: 0
What's the point to have a coinkite?

BC is so fast, that it doesn't need coinkite.

Coinkite provides PoS equipment for vendors. And vendors who already have it can start taking BC.

Yeah, I understand that. But I could save more money by downloading Android wallet. BC is extremely fast that you don't need vendor POS. Plus I could save .50 percent fees by not using coinkite.
sr. member
Activity: 308
Merit: 250
thrasher.
What's the point to have a coinkite?

BC is so fast, that it doesn't need coinkite.

Coinkite provides PoS equipment for vendors. And vendors who already have it can start taking BC.
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