Re: [ANN] BlackCoin (BC) | on exchanges | PoS

The price goes up because of the multipools buying it. They all stopped to sort their code issues out, it stalled it a bit and then the cryptorush selling took place and buying carried on to take advantage of cheaper pries, keeping it in balance.

nah that's not just it.. multipools do MAYBE like 100BTC a day of volume

there was 1700BTC of volume yesterday.

^^^^
What he said

The multipools do buy 100BTC of coins per day give or take, we wont know for sure and it will vary. This is true BC buys, the 1000-1700BTC volume trading is not what is really driving up the market, it is new money coming into the system (ie multipool). When the pools are putting constant buy pressure on the currency then it will trend upwards, until such time that it is accepted widely and there is more natural buy pressure (remember that there are still only 9000 BC wallets, so there are few people that know of this)