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!
