so this means cheap coins for everyone looking into longer term investing
more good news please
Pretty much, it will continue to fall because no one knows when the 130 odd BTC of coins will be dumped and no one wants to pay a large amount more for coins than they could otherwise get them for. Similar thing happened with PANDA coin - Wolong dumped the premine which filled every order on the book - people were furious that there order at 10 sat was filled and others ecstatic to have there orders at 1 filled - ended up killing the coin so hope whoever has the coins doesn't do that.
Please calm down. You cannot compare what happened to Panda with this current situation. Panda was a scam from the start and everyone involved with that project always intended on dumping their coins. If someone took 1.5 million BlackCoins, that means that person or persons believes BlackCoin is valuable. No competent hacker would risk stealing a coin that is worthless. Also, if this person or persons were to dump 1.5 million coins, yes it might temporarily drive the price down a bit, but that will allow more people to buy coins and eventually BlackCoin will rebound. If the coins are truly gone, getting hysterical will not fix the situation.