Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
digicidal
on 03/05/2014, 13:29:28 UTC
I actually trade the coins every night or every two nights. I am not making any profit off the donations. However, one member specifically asked me not to trade his donation in until a few days before the event. I respected his wishes

Let me get this straight, people donate money to you for a campaign and you GAMBLE it?

I dont think thats appropriate behaviour under ANY circumstance.

Thats borderline Fraud and your credibility totally out of the window.

This time you threw yourself under the bus.

I understand there might be a language barrier so I will try again. I trade the coins every night or two into fiat. I trade the coins it into dollars since I can't pay for the services in BlackCoin. I have no clue if the price is going to go up or down, so I have to convert the coins every few days.

That's why we shouldn't donate in BC


Just kidding Grin


A lot of people donate in BTC but the problem still remains the same. I have to convert whatever currency into dollars. I do not sell the BC all at once because I do not want create sell pressure. I sell a little at a time.

Also dollar-cost-averaging (or more accurately BC-cost-averaging) the exchange of the BC which is better with something so volatile. Smiley