Right now what is being done is not showing results,
Hold up
Blackcoin is only a few weeks old. Don't judge it on the performance of the last week. Coins don't grow upwards indefinitely at 45 degree angle on the price chart
Bitcoin rose and collapsed and drifted many many times.True long term growth takes time. We should be evaluating every couple of months imo. We've experienced amazing growth that blew us into the top 10 out of nowhere... we can't expect growth like that every week.
News, good or bad... you can't beat the market technicals for the short term. News will simply either temporarily exacerbate or stall the short term price movement, or even mid-range trend. But long term, this coin has the fundamentals to be very successful. With the way the long-term trend is starting to flatten out, I think you'd be silly to sell for less than 25K. BC will probably pop when least expected, and who knows where the new trading ranges might end up.
Just keep mining and holding.
I agree. $2 to $5 a coin is a good target for us based on the fundamentals... weekly fluctuations are irrelevant in the long run. I am holding onto my Blackcoins no matter if they double in price or fall 50% in price. Because I know one year from now I will be a very happy man.
Mine 'n' hold gentlemen.