Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
btcprice
on 24/04/2014, 03:35:08 UTC
investment 101:

1. take BC graph, draw vertical line at the peak

2. left side - write 'pump'

3. right side - write 'dump'


Investment 201

1. take BTC graph, draw vertical line at first peak, left side write 'pump', right side 'dump'

2. draw vertical line at second peak, left side write 'pump', right side 'dump'

3. draw vertical line at third, left side write 'pump', right side 'dump'

4. compare peaks of 1, 2, and 3

5. determine long term trend

Nice Blade87!

using your method I get a long term trend down to 20k or what price did you get?

Starting on April 12th you have a level of around 9000 satoshis. Later that week you get one p&d. Since the bottom of the dump on the 16th you get an ever-increasing price with a few corrections.

Summary: the price has been in a general increase since the end of the dump.