Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FlutterCoin FLT NEW Proof Of Transaction - UPDATE NOW FORK 750 Blocks!
by
stormia
on 18/04/2014, 22:03:17 UTC
just wanted to say to some of you guys that are new to flutter, this community has been ROCK solid since the beginning. once this coin starts rising way way high, there is not gonna be some crazy drop like blackcoin.

so relax, flutter will take care of you  Grin

I never understood this blackcoin hype anyway. Have I missed any innovation it brought? In my eyes pure pump & dump scam. Flutter is sooo much better!

Well it certainly wasn't a scam and I made more money than I could have dreamed. But, it was indeed the greatest pump the crypto world has ever seen. It's still going through an after-pump phase. The people in that thread are religious about blackcoin lol. Price has held up very well though, shows what a dedicated community can achieve.
This is what is really annoying about the BC community, they are all zombies. Even after being dumped on, they still don't seem to understand how the market is being constantly manipulated and is at the whim of a few whales (like most coins, admittedly). I tried to warn people that BC's growth wasn't real or sustainable on multiple occasions before the big PnD happened, but nobody listened to me and I was instantly dismissed as a troll just because I support other coins. They don't seem to understand that other coins have things to offer as well, and that diversification is a good thing.

I don't think BC will ever reach the high it did again (at least, not in any sustainable way). IMHO there are too many burnt bagholders who want to cut their losses as soon as possible (as soon as the price reaches a certain range), not to mention the huge number of early adopters (who still hold the vast majority of the coins) that are still up 500%+ on their investments and will continue to be tempted to sell more and more as the price rises or if the price stagnates and they don't think they will be able to get out any higher. That is what happens when you pump up the price of something so quickly that there is no real support being built along the way. Plus, who the hell is going to buy into BC once it approaches that high again after seeing what happened to everybody who bought in so high last time? Nonetheless, I am still holding 30% of my initial investment in BC to see where it goes.