Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
exposebc
on 15/04/2014, 17:27:27 UTC
OK we keep hearing the FUD question: What is so special about this coin?

No problem here with the answers given but I want to emphasize something.  MARKET DEPTH

Look at the volume of this coin, it matters way more than price at this point.

A pump on low volume is utterly meaningless.  BC's massive volume indicates it will likely retest those previous highs.

BC has volatility but at massive volume.  The volatility attracts traders.  Traders will bring new money.

We need to learn to love the traders!

This coin has a lot going for it but the single biggest deal is that it has Market Depth.

The best thing each of you can do is sell 10% of your holdings when we hit new highs (or maybe even sell less than 10% at swing highs)

This does 2 things:

1) Reduces concentration.

2) GIVES YOU BTC TO BUY BCs ON THE SWING LOWS.

3) GIVES YOU BTC/FIAT to add mining capacity hitting the pool.

Yes, the coin will rise slower if everyone does this but it will become stable and trusted over time!  Also, the swings will become subdued over time.

Yes, at some point the new highs will be taken out and you won't be able to buy back at a lower price but hopefully you will make a few good trades before that happens.

Volume, trading and patience and we will reach BTC parity - oh yeah I said it.