Quote from: STT on August 12, 2017, 07:43:02 PM

Quote from: new_guy_ on August 12, 2017, 06:35:27 AM

BLK/BTC is weak again. Only BLK/CNY looks strong.

Blackcoin to usd is fairly steady I think. Bitcoin rose alot and like a seesaw blk adjusts down but it equates to no change in value. Though the price is falling nominally, its falling on less volume then it rose which is often taken as a positive going forward.
Last time we had this price was late May and it was viewed negatively but went on to new highs. There was trend underlying the bottom prices there so was a fair buy. Not quite as clear on that now but we do have alot of previous price action in this area. I will add some blk, its good to diversify from btc which is still debating larger blocks I think. Another cycle for that is normal.

Yea Ive no idea if Im right but if I draw in a trend for closing daily highs of July obviously declining and into August and I think we are above that negative trend now. Who knows, its hard to say when BTC is the shark in the paddling pool and anything more slight may not count. Alt coins generally retracting some on btc strength..

Anyhow the 200 day simple moving average is rising, 0.00008390 and the cautious thing would be to buy on a close above that. ie. buy into strength

Don't worry . Traders seem use this coin to earn btc. They are really love btc and not this one. So the fait/blk is stable and btc/blk is always a joke.