Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
Jabulon
on 17/03/2014, 19:14:19 UTC
what going on with the price?

A solid support level on a gently rising trendline. No whales, just real increase in value. Very pleased.

Consolidating and holding steadier, yes, which is good. I would not discount the likelihood of ongoing quiet accumulation by so-called whales.  Volume is too low at the moment for conspicuous mega-buys. Whales will accumulate in small lots now, then when it gets to 3000 they'll make some gay-ass announcement on twitter about pumping soon, then sell into the buying frenzy when it peaks, try to tank it, then re-buy and start over.

But remember, whales can get eaten too. 10,000 Piranhas can do a lot of damage.  Tongue