Wow. Ok, well, glad I got out of this one early. Bitcoin... here I come! Thank you sociopaths of the alt market. You've inspired me to invest only in Bitcoin. Oh, and maybe Ripple. No doubt Blackcoin will take a beating from this drama as well. Enjoy.
Well, price wise nothing that David did had (for whatever reason) any positive effect on BC/BLK (which is likely why he ended up here).
So why would BC take a beating here? The dumpers and the chinese daytraders are dragging the price down for like half a year now anyways.
Anyone who lost money in Bay deserves it, by the way. Buying in an ICO when you don't know who is behind it and with a 1:1 copy of Blackcoin - how dumb can you be?
Yeah because most likely there was someone or a group who owned 50% of Blackcoin. The problem did not necessarily have to be the tech. You never found the selling to be suspicious?
Well, we will never know exactly, only thing i know is that I do not own 50% of BC and don't know anyone who had... Of course it is absolutely beyond me how the BC price could go down to this after months of steady trading at 30k levels, but with a fixed number of coins "they" would have been done selling off long long time ago. I still think it's mainly lots of people being impatient and selling at losses (especially the chinese guys) + daytrading.
Does not change anything here, how can you get into this and promote this if you (as you claim) did not even know who the f**k is doing business with you?
Gotta agree with that... total clusterfuk of epic proportions - from almost the get-go apparently. Sucks, but it's only the 103rd one this month in crypto-land... still time to get a few more in there. Would be kinda cool if someone were actually working on something rather than just bickering and scamming all the time. Who knows, might even turn into something.
At this rate even BTC is likely to wind up back at $.01 before too long - dying a death of 10000 cuts. Can't say I'm all that surprised about most of the players (now that we know them), but David... really? Is this outcome better than simply "outting" everyone initially would have been? Guess I shouldn't have been so quick to (mis)judge your intentions. If you had done that, the ICO might have stalled, the price might have fallen to 40 sats anyway... but at least you would have remained largely above it all. No matter how you spin this one (and I do believe you were caught off guard
initially), your continued silence in the face of all that was going on is no different than being the mastermind yourself. I had hopes for this one... but I'm thinking a bounce is all that is likely to happen to the upside at this point. Pumping requires buy support at a
higher level - not a hail-mary line at the bottom.