I got burned by the pump-dumpers. I bought in at 0.00003300 and then I watched it drop to 0.00001200 within a few hours. OUCH MY A$$!! 
I am glad to see that it's on it's way back up though. I have faith in this coin, as I have faith in the concept. Proof of Stake is a very interesting concept. And I think this coin will stand out as the champion of "PoS". Time will tell I suppose. But for those of you who are not jumping on the bandwagon, you should read this wiki article: http://en.wikipedia.org/wiki/Proof-of-stake. The key thing is this, "The ratio of bitcoin's mining rewards to market value is programmed to decline exponentially. As this happens, proof-of-work monopoly will become easier and easier to obtain, whereas obtaining proof-of-stake monopoly will become progressively more difficult as more of the total money supply is released into circulation".
That said, Blackcoin is not speeding into a brick wall like most of these other coins on the market. This coin is not so much for the pump-dumpers, but more for the long investors. I would suggest dropping a few beans and buying up some coins while the price is low.
I am glad to see that it's on it's way back up though. I have faith in this coin, as I have faith in the concept. Proof of Stake is a very interesting concept. And I think this coin will stand out as the champion of "PoS". Time will tell I suppose. But for those of you who are not jumping on the bandwagon, you should read this wiki article: http://en.wikipedia.org/wiki/Proof-of-stake. The key thing is this, "The ratio of bitcoin's mining rewards to market value is programmed to decline exponentially. As this happens, proof-of-work monopoly will become easier and easier to obtain, whereas obtaining proof-of-stake monopoly will become progressively more difficult as more of the total money supply is released into circulation".
That said, Blackcoin is not speeding into a brick wall like most of these other coins on the market. This coin is not so much for the pump-dumpers, but more for the long investors. I would suggest dropping a few beans and buying up some coins while the price is low.