I am amazed it's still at a stand still. There is 3x the buy volume visible in the orders
HOLD!
It's like a mexican freakin stand off.
Stability is a beautiful thing with Blackcoin. It means the sellers who bought cheaper are running out of coins to sell. Everyone else is holding and waiting for the price to rise. With no mined coins being dumped on the market eventually the buy pressure will overwhelm the sell pressure and we get our next upswing.
Can't wait until we break 40k. I expect a rush of people will flood the market as it means 60k+ is back on the menu.
We were bang on.
Great feeling to wake up and find Blackcoin has smashed through another wall.
newcomers don't know like we do, there's no newly mined coins being dumped on the market. Once the profit takers are finished taking their profits from coins they bought cheaper there are no more coins to sell (= next upswing). We must repeat this like our mantra. This will continue until the market cap is beyond Litecoin.
There will be epic pumps, dumps and corrections along the way but the above logic is undeniable. Typically after each pump, a dump follows but importantly the overall trend is always upwards. To infinity and beyond.
Always bet on black.
