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

That was not a dump!!! It was a trading error with Mintpal. Never has a dump gone down 40,000 sat in less than 5 minutes and then back up again in 1 minute.

Actually, I was watching cryptsy and the same happened, slightly off timewise.

Seems like the usual whale dump to cause a panic selling then immediately grabbing the cheap coins.

No it didn't. It went down to 83,000 and that was due to the "panic" on Mintpal. It did NOT go down to nearly 50,000 as it did on Mintpal.

I did saw 60,000 on cryptsy.

I changed 2 pairs of underwear

Damn, if you don't know the markets by now get out.. And let the pros in.. When a stock dumps, Its because someone with a hefty amount of coins wants to buy more before the price rises too high.. This creates a panic. perfect for the buyers.

All you have to do is look at the order books and you will see for yourself. Do you know how much BTC it takes to go from 90000+ sat to even 60000 sat? Not to mention in less than 5 minutes? If it stayed at that level I would agree, but then it bounced right back up in less than a minute. No dump that massive has a correction that quick. I love BC but no coin is that resilient. I do not want you guys saying it was a dump and it wasn't, and then next thing people really start dumping in fear.