Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO
by
digicidal
on 05/11/2014, 06:58:51 UTC
Blackcoin is an established coin. It will not die that easily, it isn't certain that it eventually reaches much bigger adoption. It is still striving for that, but people should try to understand it is easy to get somewhat established the push beyond that is much much harder. Use the coin for purchases or trading and wait for the bigger developments like BlackBox, Nighttrader and Blackwave Labs. These projects can't be rushed and they can't magically appear in a few weeks or months.
instead it will die like litecoin and other 1st generation coins.

Yep, I would expect it to die like BTC and LTC are currently.  But the bet is always (just like with any crypto or stock for that matter) that there is that slim chance that broad adoption actually occurs... in which case the losses in the 'losing bets' will be easily absorbed by the profits of the 'winning bets'.

Who knows for sure what will happen.  It's been a little over two years since I heard people telling me I was a complete moron for not dumping all of my BTC when it hit $15 briefly and then fell back to around $6... because "it's never going back to that price again..."  Maybe BC will never again see over 10K sats... and maybe it will never again see under 10K sats... if you know for sure which is the case - then you need to just play the lottery and quit messing with these small potatoes. Wink