Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
Djinou94
on 25/04/2014, 12:06:29 UTC
Do some Risk/Reward Assessment:


You are attempting to leverage the movement of hundreds of people against the movements of a few (whales). You are risking hurting hundreds (by creating new bagholders) in the hopes that you can hurt a whale or two.


Is that really a good wager? Which do you think is more likely to happen - you guys kill whales and a new price floor happens at 60k+, or do you think we're just going to have a shitstorm of bagholders on Tuesday who bought in on your plan and got fucked by a whale?


This pump is really, really bad risk/reward for the community as a whole. Elementary stuff.



Would you bet more than 5 or 10% of you bankroll on a single bet? Why are we doing it with the community?

+1
Whales will be happy to sell their BC if you pump it
Then the price will fall again to the same price now
What is the goal? Make some whales rich?

Make more projects and the price will go up naturally!