Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
digicidal
on 01/05/2014, 13:50:49 UTC
So WC bombs and someone's driving the price down for BC. guess where the money from the upcoming giant WC dump is supposed to go.

I wouldn't really call a 400sat move over a few minutes "driving the price down", especially when there's almost no volume to speak of on either side, but it's definitely lighter on the buy-side .  Unless you are talking about a different exchange from Mintpal - in which case I'll shut my mouth. Smiley

Until the order book is more substantial I think we could see some dramatic swings in many coins... although obviously WC will likely be a bloodbath when/if it comes back.  Market movements (even amongst disparate properties) are contagious to some extent.  Rough waters ahead for a few hours perhaps.

I'm digging out some BTC paper wallets as we speak just in case. Smiley
(But I don't really expect anything too dramatic on the BC side - who knows... this might turn into a real bull-run as everyone flees shakier clone coins and returns to BC).
Well it is a bit conspiracy-theory - i did not only mean the lates price move on mintpal, but rather the "whole thing"  - the downward trend == price manipulation of BC started together with the whole WC scam and i would not be surprised if what we see now was exactly planned as it happened. There will be a few who get out of this mess with a lot of money...

...reaches for popcorn...

I love conspiracy theories!  Your ideas appeal to me and I would like to subscribe to your newsletter. Smiley

Although it seems unfathomable to me on some levels... However, the amount of childish behavior I've viewed on almost every thread on this site - and certainly this thread is no exception, but rather a prime example of that - it's actually not that hard to believe at all.  Undecided