I think people are pulling out of Blackcoin because the big growth is over and done.
Whitecoin is moving. And PoS ends like what in 3 hrs.
BC lovers say WC sucks, it's nothing but a copy coin.
I'm moving into WC. I hope it copies BC verbatim. 1200 to 50000.
That my friends is MONEY!
First off, Whitecoin is a joke and stands no chance of ever surpassing Blackcoin.
However in the short-term Blackcoin has a high volume low at 27300 which stands a good chance of being re-tested in the next 24 hours
While Whitecoin has 2 high volume highs at 1440 and 1289 with somewhat low volume off those tops (which is bullish).
I personally have just traded a very small amount of BC proceeds to buy some WC with a hopeful plan of buying even more BC afterwards. I don't post stops publicly however if I see high volume bring down WC or high volume bring up BC I'm reverting back to BC. First target is 1289 followed by 1440.
JL
Selling BC to buy WC is a zero sum game - the BC you sell lowers the BC price and raises WC, then when you reverse you just do the opposite. And taking up space telling people that and dissing WC is publicising WC and making BC look weak for needing to defend itself. Same goes on WC thread.
There is a price relationship developing between BC and WC like I said above.
And there are new stake coins that are *beating* BC & WC - who are just fighting each other.
So fighting is going to hurt both BC & WC, you should focus on competing in the whole market not just targeting another coin that sneaked in with a related name, its here as well as other competitors who are growing fast so try to deal with that instead of complaining and using BC / energy to hurt the other coin?
It's not zero-sum at all because the relationship is not perfectly inverse by any means. I think WC has short-term up-side of possibly at least 17% and maybe even 31% while I think BC has short-term down-side potentially 12% but more-than-likely might just flounder sideways for a day.
And as long as BC has CoinKite, and an amazing team of developers backing it up, I don't see WC anywhere near being a legitimate competitor....hence my "Whitecoin is a joke" proclamation.