Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
Jabulon
on 03/03/2014, 14:20:39 UTC
http://coinmarketcap.com/uno_90.html

Compare BC to this graph and realize BC is only 1 week old today. A lot could happen in a month.

Indeed. That's really the only sane and mature attitude to take right now. It has a chance, just as any other crypto. What is silly is to whine about the evil whales and 'manipulators' spoiling your hopes for instant wealth. Please people, this is altcoin. So many cheers of enthusiasm were uttered at the amazing network hashrate during PoW. Was it not perfectly clear, and to be expected, that this was largely due to big players looking to do what they always do, namely mine the crap out of a launch and turn a quick profit? And why not? That's the nature of this business. If you like the coin and want to stay in fine. Great. And fine to sell. Oh, and one more thing - the term 'weak hands' is misused quite preposterously on this thread. It's a term from equities, commodity and forex trading and it signifies a situation where someone is heavily leveraged on margin and gets flushed out in a down-market by the threat of a margin call or otherwise unsustainable losses. The big sellers of this coin are not 'weak hands'. In general they are actually the stronger players, with the ability to move the market. Anyway, do what you want and stop all this whining about the coin being manipulated. Nobody with any sense gives a shit. This is altcoin, bitches. Full disclosure, I own 132k blackcoin and wont be selling now because a) the price is low, and b) I can afford to take a chance on it. Period.