Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
colinfx
on 06/05/2014, 16:43:25 UTC
TO ICONICEXPERT:

Hey mate, I have read your statement without prejudice and I find some holes in your argument.  This is my unbiased opinion as I have no relation to you or the foundation.  I was one of the first people to pre-order a black coin card and was both excited and enthusiastic about the idea.  I have bought black coin at pretty much ever increment from 1100-50,000 and sold and rebought my coins a few times based off what I saw as T/A.  (Pretty much the price went up too fast to sustain the growth so I took advantage of the situation as I saw it)  I also lost about 35,000 BC with Cryptorush and I am sure if you look through my post history you will see that, so I had some funds I needed to try and recoup!  I have modified the above quotes to shorten it for easier reading of the parts I have a problem with.

The problems I have with your statement are:

You accuse the foundation of price manipulation (down) but state you formed a group to manipulate the price (Up) either way artificial manipulation will not be able to sustain itself and the price should always return to the mean (The invisible hand, that is price discovery at work)

Knowing about a DDOS attack on the multipool would actually allow you to sell your Black coin knowing that their will be a drop in buy pressure as well as a temporary loss in faith allowing anybody with inside knowledge to capitalize on the situation.   I am not saying you did but this inside knowledge does not make it fair to the "little guys" of Black coin.

Next comes your Wall street take over.  I believe that any publicity in the "real" world would be beneficial to Black coin.  I have read just about every page in this thread (Yes I have a bit of time on my hands) and although I feel giving 1000 Black coin cards out would be good publicity, it also acts as publicity for your product (The black coin card)  Having supported the idea from the start and purchasing one for $20 US I am not sure it is the best use of community funds to purchase a 1000 to giveaway however I believe that the people supporting the idea with donations would say otherwise.  You stated that it is more of a media stunt and the girls do not need to know much because they have spec sheets to give away but you turned down the idea of posting in universities for "film experience for volunteer models/girls" stating you don't believe in free labour.  However that seems like maybe not the best use of community funds to pay 50 models if you could get possible more for a longer duration for free.

I would like know if you still plan on going a head with the Wall ST. takeover, and I am sure others would as well.  From what I read Sokeip did support the idea (maybe not financially but morally) and a private PR firm in my opinion would have been able to capitalize on the event creating a combined advertising super force for Black coin.

Lastly for your step by step plan:
1)I hope Rat4 ignores everything and just focuses on what he does best.... Making Black coin more Awesome!
2) Why should people who have been actively promoting black coin stop.... it doesn't make sense to make the promo team smaller
3)  THIS IS THE WORST IDEA, THE MULTIPOOL PROVIDES BUY SUPPORT AND HAS BEEN TRANSPARENT (I beg the mining community to not only keep this up but increase the miners, it only benefits holders of the coin)
4) They have as much right to day trade and profit as anybody else traders will always trade (not saying they are)
5) How do you know they are not hiring a PR firm; if everybody played nice we could be complimenting each others efforts!
6) Not sure the Dev team needs a spokesperson they just need to keep doing what they are doing see #1 on list!

Overall Traders will always trade and without VOLUME it also puts the coin at risk of decreased publicity and would be less likely to get more trading pairings long term as exchanges stop making money.  Bitcoin also and sill is going though stage of price volatility and it is considered the King of crypto.  Remember the run from $0.006 to $30 and back down to $1!  We have been growing steadily with a long term upward trend and I believe without more proof your post although posted with what I hope was good intentions will only damage your own reputation.  I have put a lot of thought and time in to my post and my only bias is that I am Very Pro Black Coin!


A well reasoned post. I am one of the named "conspirators". But all I do is work to promote the coin. There are many that work MUCH harder than me, I just try to do my part. Now am just going to get on with it as IE refuses to answer any of my questions.