Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD
by
ranlo
on 14/05/2014, 16:38:50 UTC
Hi Zuep.

The PR Firm actually like the Black Shield concept. I myself have reservations but they thought it would provide a warm and fuzzy feeling to a lot of would-be investors.

Like I said, I am not sold on it. I like the idea of a free free market, but at the very same time the maniulation tactics used by large groups is unsettling. Should thedoge fight fire with fire so to speak? I don't know... I think at the very least it will be an interesting experiment.



I think people put too much stake in the manipulation of the market. As the value of coins goes up (their market cap), the chances of being manipulated goes down. If people are adding value by creating new businesses and ways to use the coins, the problem basically resolves itself. Right *now* it may be easy to manipulate, but if people trust in the coin, at some point the value will be to the point where that isn't so easy.