Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC/BLK) | PoS | Multipool | Coinkite | WSJ | BlackHalo
by
Subtuppel
on 25/07/2014, 23:12:57 UTC
Thanks for the info, I'll be keeping an eye on this coin in the long term. This crypto world is crazy. The features, and implementations for this coin is off the charts. The closest thing ive probably seen to date with the potential to compete with bitcoin. I mean the information is already out there, ive been researching blackcoin all day. Yet coins that just came out last week with only "promises" are trading three times the price.  Roll Eyes

three times the price is relative, you have to see the market cap and not even the overhyped VRC got closer to it than about 75% of BC when it peaked.
Of course some coin with 2m coins instead of 75m will trade higher for a single coin even if the market cap is only 10% of BC.

BC price is still a joke though, and the observation you made is exactly the reason why this coin has way more long term holders than most of the other altcoins where coins hardly ever leave the exchanges - and which are often done after a single round of PnD which makes the losers of that PnD the only long term holders "by accident".