Quote from: acseric on April 21, 2014, 07:23:14 PM

Quote from: dead_bit on April 21, 2014, 07:18:37 PM

Quote from: mr_random on April 21, 2014, 07:08:43 PM

Quote from: Degolep on April 21, 2014, 06:25:38 PM

IconicExpert whats your opinion on why market is curently cooling down?

Is it the hollidays or maybe that most of nonbelievers have sold around 50k?

Just the usual. People who bought coins at a cheaper price are selling. Happens every now and then.

I personally think it's mostly a big holder slowly dumping his coins (the same guy who tried to cause a mini crash yesterday). Eventually the sellers won't have anymore coins they are willing to sell at this price.

Every time the market was poised to break free someone put in a high amount of trades at the same amount of BC, slowly shifting the price in one direction or another. It's quite frustrating, since I'm waiting just above that breakout line. If the person who keeps doing this is reading this... I'm not shifting my stance.

Actually, consolidation on high volume is a VERY healthy sign. I would be totally stressed if Blackcoin kept moving up without consolidation.

Have patience. The coin has a very healthy chart!

Oh I'm not suggesting a panic sell, I actually think now would be a good time to buy in. It's a pretty good sign (from my experience) that we are about to see a decent uptick. I do however think that someone is forcing the market at this price, not that I care off hand.