Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS | No premine
by
Jeezy911
on 27/02/2014, 03:55:55 UTC
why is the price tanking already?
what other coins have gone through POW then switched to POS after a certain block, how did they go value whise?
MINT just started the PoS dividend  today and the reward halves again staring tomorrow. The price is appreciating and in another two weeks it will essentially be 99.9% PoS (block reward will be 1 coin). A lot of early adopters are already reaping the benefits (20% APY) and may look to diversify between a high yield and high value PoS coin with their earnings, which is why I think we will see a MINT/BLK trading pair develop.


Think it will rise up after miners are done?
my guess would be yes because most of the big time sellers are multipools who's business model to take the certain BTC now. They are not in the speculation game. Remove those big sellers and we should see a rise.