Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast
by
massiveman
on 13/04/2014, 18:12:33 UTC
a little word to you all, the reason for the success of blackcoin and the likes is because people don't put their orders above for a lazy profit. It dissuades the market makes it top heavy and makes you wait longer / never until cashing that. You see 100s of smart asses buy up and put a double up sell down oblivious to the fact when that happens the market will shake.

TAKE OFF THE HIGH SELLS PLEASE.

blackcoins multipool helps a lot, that's one of the reasons their price is doing so well.

BC Multipool only buys between 50-100BTC/day based on Twitter. Driving force on their price is strong community involvement, CoinKite adoption, PoS model, etc.

I would argue that in this current climate of tumbling coin prices that their multipool, by creating buy support, has essentially made their coin stand out as one which is bucking the downward trend, this in turn has attracted investors and those who feel its a safe store of value while everything else decreases.