Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD
by
judgecrypto
on 12/05/2014, 15:25:00 UTC
Nice to see the 122 BTC buy order on Mintpal

i'm new to trading can somebody explain what this exactly mean?


It means someone wants a lot of BlackCoin.

ok thanks

That is also a WHALE tactic where they place a huge buy order to instill confidence.  Then when you buy thinking there is support they remove it.  Then you become a bag holder for them.