This coin will jump right back up. The multipool brings in 20K a day. Early investors cashing out. I was an early investor I am a whale I'm not cashing out. I am holding this coin because it will hit 3 dollars. Anyone who does not realize that is because they dont understand the POS > POW and Blackcoin is proving it!!! I'm not afraid. Let it drop I would buy more if I could. I would buy it and any price. This coin will smash Litecoin. Why? Because Litecoin has the volume to feed the multipool. The coin is boring and slow and can be 51% attacked. Blackcoin is awesome I hope it crushes Bitcoin. Have no fear. I am a whale and I choose to hold.
Good for you... same boat here, although it's easier when you're not late to the party. I do feel bad for those people that bought coins in the 90K range... but if they hold they'll be OK too eventually.
It's pretty easy for me (I bought my first 100K BC back in the 450 sat range) but I continued buying all along the way - so probably my average cost is around 5K sats or so. Sure it's fun to look at CoinTicker and see it shoot up by tens of thousands of dollars in an hour, but just because it couldn't break 100K today and fell back to 'only' a 30% gain... I see no reason for concern - because the coin is the same one I originally thought "this coin could actually be something... I could see a reasonable market cap of $30-40M developing under it".
Of course, I figured it would take months... and in many ways I wish it had - because less informed people just see it as yet another PnD mining scam... even most of the comments seem to indicate a decent number of people think the coin just
launched this week!
And to whoever just sold me another 10K coins at 52K sat... thank you so very much!
Hmm well im at 300K BC and I thought about selling but I really love this coin so much. I may sell a few grand here and there but not yet. This is just the beginning. This coin is going to a dollar easy. I can see it passing Litecoin just based on the POW mining POS combo!!! Its fucking awesome. Once people learn whats going on this coin can smash all the other coins. It can even overtake Litecoin. So I'm not afraid of losing 50K in an hour to see 50K in the next hour. Selling now is stupid and risky. I guess if you like the thrill. A whale is risking his neck by selling. Did you see the charts?? Its absolutely insane. 50% increases in hours it schizophrenic because people are so scared it may just be another pump. But its not. Even distribution, changes hands alot, no mtgox bs, no china, no bullshit. This coin is faster, its proof of stake and it has a killer team and raving fans. And most importantly it has a BLACK HOLE that sucks the life out of stupid POW coins that waste energy and lead to a ridiculous arms race that now nobody can win. Where do you think the miners will go next? HERE.