Pointing out a legitimate bubble is not FUD. There's no uncertainty here. There are clear patterns in the alternate digital community and I provided two good examples. Each time there's a downturn in digital currencies some random coin is always pump and then left to die.
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 when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.
First you have to stop comparing BC to other alt coins. That is like comparing a Kia to a Ferrari. Yes you are right other coins are pumped and then when the ROI is not there anymore investors sell off and pump another coin. I dumped roughly 9 Million Mint weeks ago and bought BlackCoin. I haven't sold my own personal holding of BlackCoin and I wont. BC is the coin where investors come for stability and preserve their wealth. You also have to factor in many other coins have one or a few people holding millions of coins. BlackCoin is fairly distributed so a massive dump from one or a few people is not likely to happen. As BlackCoin value continue to increase and more people hold it, the chances of a dump because less possible.
I also want to point out many other coins can't be used to by things. We are quickly overcoming that problem, and the devs and myself are working behind the scenes to make sure BC can be used as a legitimate currency.
So BlackCoin is the real test to see how viable can a POS coin be with all the right ingredients.
0.24 cents in about 12 hours and $1.00 by the end of the week.
Factor in other coins have one or a few people holding millions of coins? I'm really liking Blackcoin so far. But this, the exact opposite of what you claim:
And the fact that there was a one week ''fair'' PoW mine period - which is bullshit because one week is far too short for it to be a fair distribution make me hesitate to buy in. Now don't tell me that if I think this way the coin is not for me, convince me.