Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
lonely@thetop
on 13/04/2014, 19:46:15 UTC
Pointing out a legitimate concern is not FUD.  There's no uncertainty here.  There are clear patterns in the alternate digital community and I provided two good examples.  There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore.  Meanwhile the Whales, who bought in for pennies, have incentive and convert their BC into BTC or a portfolio of new alternates.

I guess you missed the "not PoW - no mined coins dumped every day" part? Do you think a single holder can wipe out 2600 BTC daily volume coin? At best there are guys with < 2 mil, the top wallets you see are exchanges, most of the "whales" have sub 500k of this, even less of these that didn't sell in the first price jumps. The multipool helps the spread and newcomers to aquire without investing money upfront as well as providing the buy pressure.

And why do you think there's no ROI left from this market cap? There's plenty of coins to overtake, hell even bitcoin holders are starting to take notice with BTC tanking.

Your examples.. MINT was premined with dev cashing out and VTC is PoW, neither of these coins have promo as strong as BC, multipool as good as BC, coinkite, just a bunch of people praising their flawed model coins in BC thread hoping to get some light.