Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite | Mentioned on WSJ!
by
indeed
on 09/06/2014, 18:12:58 UTC

It is time to face reality. BlackCoin price is either a reflection on how investors feel about the coin or it is being manipulated. But after weeks of positive news and being the top 5 coin on Mintpal for over 2 months, the price has not come close to it's all time high. Now you have to start asking yourself why? Stop lying to yourself about the quiet before the storm, or if you just hold long enough things will get better. The MintCoin community tried the same approach and we all know what happened with that.


I didn't follow what happened with you, I just see a wake of rage and unpleasantness. That's between you and whoever your'e talking about. I have been a bit skeptical about BC or just about whether any of these other coins have any significant advantage over bitcoin or the variety of clones that have followed BC. That said, the price history long term is in a steady trajectory UP. I have not seen that trend demonstrated by many (any?) of these other coins, of course BTC aside. Yes, perhaps with your involvement, it spiked that one time, but so have a a handful of other BC clones since. The new flavor of the month, whales come in, a bubble is formed and then it deflates. They ultimately all seem to just die. Look at Faircoin, Whitecoin etc. BC seems to have established a broad enough user base that its truly having a difficult time falling much lower. But that "low" we're at is still quite a solid value considering where it was not too long ago. At this rate, I wouldn't be surprised if we see the average price of BC double roughly every two months or less.