Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 767. (Read 2509934 times)

Remember there are bounties to grab here!

We need some designs for T-shirts, Pens, Hats, Keychains etc send your thoughts and images on products you would like to see and we will reward you! (Use the Contact us link at the bottom of the website)

Donations are also very welcome! they make me able to add even more products!

\/\/\/
 

BC community - we all need to understand how crypto - at this point in it's history - works.

There are organized pump and dump gangs.  They watch for low priced coins with a happening community and lots of hype.  When they feel the coin is ready for a pump they throw BTC at it and of course at their target price they bail.  They have gotten pretty sophisticated.

Yes they do usually leave coins for dead.  How, Why?

1) The pumpers attract a bunch of new buyers mid-pump.  Those mid-pump buyers are the one that get fleeced.  NOW THE FLEECED ARE THE HATERZ of the coin - perma-bitter trolls!

2) The coin is no longer the flavor of the day so the sheeples move on, hoping to catch and time the next pump and to next time get it right.

3) The coin's community felt rich and then just as quickly lost it all so the community demoralizes and descends into recriminations etc...

4) For the above reasons and the resulting FUD (and other reasons) the volume dies.

And that number 4, my fellow BC true believers, is the real death-knell;  no volume.

Yes, we all feel a little raped and pillaged at this point.

Will this community stay together?  All the reasons this community rose up are still valid.  The coin has not changed.

COMMUNITY, YOU NEED TO GET THIS...

You will probably never "get rich quick in crypto" unless you are tied in with a P&D gang.  So don't bother.

There is a least one "get rich slowly in cypto" strategy though, pick the next BTC/LTC.  No question, there will be more massive winners.  Find your winner, buy it low, support the community and hang on through the ride.

I realize the next part of my post is controversial but please consider it:

We need to Promote volume Not price.  Being in the top few in volume will attract new money.   With BC's limited supply, new money will get us a gradual rise.

Think of it this way. New crypto investors are looking for low prices.  When we hype price there are fewer and fewer new crypto investors for BC!

Volume allows for a good trading market.  Traders need volume.  Traders bring in new money at WHATEVER price.

Now this is the part that if this community embraces will take BC to BTC parity.  OK ready?

We need to thwart the pump.

We need to thwart the pump.

We need to thwart the pump.

Lets take a stand:

We must NEVER allow this coin to be abused!

We must NEVER allow another person to get fleeced by buying BC - not one more hater made on our watch!

We must NEVER ALLOW ANOTHER PUMP!

Please do this, plan to sell a specific portion of your holdings at each swing high / new high.  I suggest 1 to 5% at swing highs and 10% at new highs.  Then, buy back MORE at each swing low.

Please, look at a chart for a previous meaningful swing high (maybe 10 to 20% higher than the current price) and enter your sell orders now!  After you get a fill enter your buy order.  Of course if you want to commit new money now (4/16 3pm EST) I suggest 10k - you may never get a fill but you might.

If we do this as a community and are disciplined about it we provide volume to the market AND tamp down each trading range.  Every time a trading range collapses into a new equilibrium the pool buying will push us into a new higher trading range.

If we do this a community you will own the first alt coin to reach BTC parity.

I ask: Will we be the first community in crypto to GTFU and self-determine the future of our coin?

Wasn't directed at you specifically more towards the term "the chinese" like they are some alien group of super manipulates.

There is a ton of merit in crypto currencies to mainland China citizens because it helps them bring money off shore.  So of course if it works and if their government let's them get away with it crypto prices will spike there.
Instead of thinking of it as "the chinese" think of China as a caged bank with a ton of money but huge restrictions on where they can spend it.

Sorry I'll stop writing about China anymore

Does the BC Card come preloaded with any amount, or is the balance at 0 ? I know this have been mentioned before, but I can't find the specific post, and the website doesn't tell.

How is that fear mongering? If anything, it might help explain this wild ride.

It was a big 'news week' for crypto in China, and the news was basically 'this will be harder to put money into soon'. I think that could be an impetetus for weaker/less experienced Chinese buyers entering the market. Don't forget that BC made most of it's surprisingly large gains during Asian business hours, and now the largest losses also seem to be overnight in the West.

It's all speculation on my part, that's all. I'm not claiming that's what happened.

And yes, there's interest in crypto in China. Been living under a rock? Heard of BTC?

BC is the only coin in the market cap which went down. Everything is increasing. Hopefully when everything gets dumped BC will climb back

Something like this?

Seems to me that it is only retarded white live in mom's basement Americans who talk about the "chinese"
Stop the fear mongering.