This coin will jump right back up. The multipool brings in 20K a day. Early investors cashing out. I was an early investor I am a whale I'm not cashing out. I am holding this coin because it will hit 3 dollars. Anyone who does not realize that is because they dont understand the POS > POW and Blackcoin is proving it!!! I'm not afraid. Let it drop I would buy more if I could. I would buy it and any price. This coin will smash Litecoin. Why? Because Litecoin has the volume to feed the multipool. The coin is boring and slow and can be 51% attacked. Blackcoin is awesome I hope it crushes Bitcoin. Have no fear. I am a whale and I choose to hold.
Good for you... same boat here, although it's easier when you're not late to the party. I do feel bad for those people that bought coins in the 90K range... but if they hold they'll be OK too eventually.
It's pretty easy for me (I bought my first 100K BC back in the 450 sat range) but I continued buying all along the way - so probably my average cost is around 5K sats or so. Sure it's fun to look at CoinTicker and see it shoot up by tens of thousands of dollars in an hour, but just because it couldn't break 100K today and fell back to 'only' a 30% gain... I see no reason for concern - because the coin is the same one I originally thought "this coin could actually be something... I could see a reasonable market cap of $30-40M developing under it".
Of course, I figured it would take months... and in many ways I wish it had - because less informed people just see it as yet another PnD mining scam... even most of the comments seem to indicate a decent number of people think the coin just
launched this week!
And to whoever just sold me another 10K coins at 52K sat... thank you so very much!
Hmm well im at 300K BC and I thought about selling but I really love this coin so much. I may sell a few grand here and there but not yet. This is just the beginning. This coin is going to a dollar easy. I can see it passing Litecoin just based on the POW mining POS combo!!! Its fucking awesome. Once people learn whats going on this coin can smash all the other coins. It can even overtake Litecoin. So I'm not afraid of losing 50K in an hour to see 50K in the next hour. Selling now is stupid and risky. I guess if you like the thrill. A whale is risking his neck by selling. Did you see the charts?? Its absolutely insane. 50% increases in hours it schizophrenic because people are so scared it may just be another pump. But its not. Even distribution, changes hands alot, no mtgox bs, no china, no bullshit. This coin is faster, its proof of stake and it has a killer team and raving fans. And most importantly it has a BLACK HOLE that sucks the life out of stupid POW coins that waste energy and lead to a ridiculous arms race that now nobody can win. Where do you think the miners will go next? HERE.
LOL! We're like BC twins pretty much then... 300K is what I've put away in cold storage... but I trade with about 10% more than that... although I agree with it being hard - but trading (or investing) isn't about emotions! So I was actually more worried than anything when I saw it was at 80K earlier (getting my car serviced so couldn't trade on it anyway)... All I kept thinking was "this is going to hurt some people if they're buying in now..."
But about the only decent advice Buffet ever recited was "Buy fear and sell greed" - well, although I wasn't able to sell into the 'greed' earlier... I'm definitely buying into this fear.
Dude I have been in crypto for a year at least. I was in Litecoin when it hit 40. I bought at 2. I had like 40K USD and I held to watch the politics and news and dumps. All I have to say is, this coin is the first coin with the tools to pass Bitcoin. They have a pool that buys up the orderbook. What more can a man want? Im not selling large amounts of this coin ever. Hahahaha I'm actually thinking about using 10% to trade also. But the crypto community is so scared. They are easily scared off by charts. When they realize that tomorrow the pool is obligated to buy 60BTC and the price shoots back up the dumpers will scramble to get back in. Plus, the multipool guarantees action and it will force people out of the crapscoins(which is why I bought in the first place). I was so tired of stupidcoin and fishcoin and facecoin and (whatever)coin. Blackcoin is doing the crypto community a public service and cleaning up the trash. Once people realize WHY this coin keeps going up they are not ever going to want to cash out until its at the #2 spot at least.
One more note, Buffet is a crusty old bag. He thought Bitcoin was a personal check. Thats how ridiculous he is. And hes not that rich when you compare him to members of banks and secret service(their version of bitcoin). He was the original pumper. He did seminars rubbed schlongs with rich people and got ahead. Hes a dinosaur and his name will just as soon be forgotten. We are the new generation. We are faster, stronger, and we have technology and the internet moving things way faster than a guy like buffet is accustomed to.
