Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 768. (Read 2509934 times)

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?

they are active on IRC
http://webchat.freenode.net/?channels=%23blackcoin
http://webchat.freenode.net/?channels=%23%23blackcoin
http://webchat.freenode.net/?channels=%23blackcoinpool

^^^^^

That.

... and please stop talking about "whales that manipulate the price". If you do not know that by now, I welcome you to planet Earth.

good question what does fee support?

I honestly don't think the Chinese trade on the internet.

Altcoins are a Western thing.

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.

Honestly, I think the Chinese were unfortunately a large source of the panic buying/dumping. AFAIK they had until yesterday to easily transfer between Fiat and BTC. My theory is that many Chinese crypto-noobs saw it as a last-chance to get their money into alts easily. Blackcoin happened to be 'the big thing' at this time. Most likely panic bought up, and then panic sold down when they didn't get rich quick.

It also explains why the money taken out of BC seemed to flow into all of the other shitcoins at once instead of leaving the market.

why are you guys always talking about the Chinese ? We never see them anywhere. Are you sure they are in the altcoin trade, like us ? Don't forget they are commies...

Anyone think that bigger interests might be trying to incite panic and kill Blackcoin? I mean, the crash after the ridiculous panic-buy likely would have been large anyway but it feels like someone with power is trying to kick BC all the way down.

For example, it would probably make solid business sense for KNC to spend A LOT of money to manipulate the market and kill this whole Proof of Stake innovation before it really takes hold...

Lots of people with money stand to lose big if PoS really took off.

Anyway, take from what you will.

https://i.imgur.com/QtSpnA6.png

SO Iconic, was thinking about your the blackcoin cards, and a really good way to get coins into offline storage/in new to crypo peoples hands. Not sure exactly how this could be done but there are quite a lot of people interested in cryptos but are not tech savvy enough or know really how process works to get in. It's a two step process for getting into alts like BC at the moment overall except for prelude, but still there is setting accounts up and such.

Question is, are you equipt to sell your BC cards to people with credit cards/paypal or something like that preloaded with coins? Say going rate, but could do it 100 coins or more, but for going rate. So for instance minus fees of transaction, fees of shipping and cost of card, could someone order a card preloaded with say $200 dollars $ current market value of BC to be shipped to them?

I think if this could be done, it would be so much easier to get new people into cryptos/BC cause the ordering of this could be make very easy for them.

Can this be done and done legally?

Ask some chinese , they are the masters of fud .
They can bring the same old news over and over again.

The price talk doesn't help bc. No one is interested in what bc can do to compete in a crypto 2.0 landscape. This is worrying.

Wish you guys well. I'll pop back in a month, if the smart contracts beta is released you'll do fine. If your still talking about whales then who knows.

shit... bc is rising before hitting my buy. anyone got any more fud?

I saw you guys are on CryptoAltEx, I like that exchange personally, Weren't they they ones that added you guys first?

https://www.cryptoaltex.com/index.php?page=trade&market=BTC&coin=BC

are you Nostradamus or what ?

Optima rules ...

GREAT time to re buy :-)

Don't worry folks, Black is going to 35-50k level in 3-4 days.

Buy now and sold with +100% or more    

+1 - created BC/DOGE market request ticket in their help desk

--> https://support.mintpal.com

Holger