Re: [ANN] BlackCoin (BC) | Launched | scrypt | PoS

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?

Alot of that has to do with how the dev goes about marketing and promoting the coin. A wordpress website and essentially no dedicated marketing to spread the word will not inspire much confidence in getting people to invest heavily in BLK. MINT has done an excellent job in both aspects. If BLK where to imitate their success, it would definitely present an opportunity for the coin to appreciate significantly from where it's at now.