Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
nunya_coin
on 15/03/2014, 01:12:58 UTC
ok, one thing concerns me.. Radiostatic said that now we done aprox 2 btc per hour, which makes around 50 btc per day. With current price we should mine (or receive) 2,380,952.38 BC per day... ok lets do roundings to 2 mln. if some ppl store their BC (lets say 10 - 15 mln) where the whole amount is 75 mln of BC, only 60 will be circulating.. we will turnover it in 1 month.. If we will see rapid increase in price.. no one will sell, hoping to sell in future for higher price. This will force Radiostatic further to boost up price of buy orders.. then wee could see massiv, terrible massive drop in price, cause lot of ppl will want to sell. Of course if there will be some proper proportion it won't go that way.. but still we need to spend our BC to see balanced growth in value. I am not pesymistic and don't want to troll, cause I am personally involved into this but there is some danger I guess..


Pool is around 1.45 Gh/s - I don't think we are going to do 2BTC /hr at that rate.  12-14 BTC /day is probably more realistic until the hash rate starts to climb like we all know it will.

As far as selling once the price starts to climb, everyone has a different # in their head as to what they'd like to see.  That should lead to staggered selling. I think the benefit of this sort of steady buying pressure is we shouldn't see big spikes/drops like a pump & dump.  If it's just sorta walking up 5-20% per day or whatever it's a lot easier to hold and not panic like when they double in a few hours and you just know a dump is coming.