Bitcoin Forum

Greetings, I am www.twitter.com/BTCWHALE here to let you know that BlackCoin will explode just like I did Maza. Investors only regret will be not investing more. The only thing needed to exceed my MazaCoin pump is an adoption to Cryptsy https://www.cryptsy.com/coinvotes let's make get big Vern make a run for his money. I like investing in coins that actually hold a future, BlackCoin being the first real PoS is an impressive feat itself. The fact that it's not premined is what makes it so attractive as it paves way for insane amounts of heights in terms of percentages (2000-3000%) with nothing to hold it down (no premined coins blocking the sell book with big orders) along with the fact that it's not useless to hold BlackCoin long-term (stake interest)

To conclude Blackcoin is the next choo choo train, take the risk or stay watching by the sidelines. Vote & Mail Cryptsy. 0% Premined.
24 HOUR VOL 11.497 as time of writing - as in barely touched - not for long.

http://www.blackcoin.co/

EXCHANGES
https://www.mintpal.com/market/BC/BTC (recommended)
https://cryptorush.in/index.php?p=trading&m=BC&b=BTC (not recommended, lags with crashes along with a retarded trading engine.)


Happy trading.

Black Coin is not on Cryptsy, you are going to pump it purely on Mint Pal?

55% the first 15 minutes.
Maza was purely done on the same exchanges listed here.

Not too add to the hysteria that this post could cause, but Maza was pumped while only on CryptoRush and MintPal.

He's not wrong, it has gone up over 50% in the last little bit.

Again, not to add to the hysteria, but I did just invest my profits from Maza in to this pump. If I lose it, that's life. Seems to be going up though.

Wish he would have waited a bit longer. No time to grab cheap coins before the fun started. Going up too fast for me to be comfortable getting in.

But it is pre-mined. No mining is possible, all the coins have already been mined.

The folk holding these are the pre-miners, they have already pre-mined it before you even came here to pump it up.

All those miners who already (aka pre) mined it will clog up the order book just fine.

Now if you'd like to clone it and start from scratch and give people a few years to mine some maybe then you'd be on to something...

-MarkM-

You're luckier than you realize  ;D

this one could go over 3k! (opening price @ mint pal)

PREMINED? THE DEV HOLDS LESS THEN 40K BC ARE YOU RETARDED? Your a fucking hero member for god sakes are you that dumb holy shit

PLEASE GO READ THE BC THREAD YOU INCOMPETENT FUCK

I doubt that very much. I would be surprised to see this even hit 1500.

Call it instamined if you prefer.

This thread is the first time this coin has been mentioned here at all, and already it is too late to mine it.

Maybe threads just scroll away so fast whatever previous times it was mentioned simply scrolled off into limbo too fast to get noticed.

-MarkM-

For anyone getting caught up in this fakepump by BTCWhale ... unlucky. He's dumping some BC on you to buy more of the real pumpcoin for tonight which hasn't been announced.

After looking at the coins trading history, I've decided to pull my investment out at a very, very small profit (bought at 800 sold at 879 I think).

The coin already had been worth double it is now. Any pump no would be for people trying to recoup their investment.. it's not going to go high.

right, cause you know BC was a fair extremly good start!, at it's peak it reached 50gh. the thread was mentioned as #1 for over 10day's so w/e your mad you didin't get to mine it, btw there's a multi pool being set up so you can still mine it so LOL  to you sir! go back and see how many ppl INSTAMINED IT 0........ just wow.

Where is this announcement of valuable information you're talking about?

Also I don't see any link to any whitepaper explaining how the problem of proof of stake not being secure on its own has been solved.

Solving that would be pretty big news in crypto wouldn't it?

-MarkM-

Actually, there was a nethash of > 22 GH, so a lot got distributed. Then the price went down a lot, so anyone who held actually is at quite some loss. If you get in now, you get in cheaper than the miners with their hashrate did.

Getting in on yet another insecure coin seems pretty stupid.

So first I'd like to read the whitepaper about how they solved the problem of Proof of Stake not being secure on its own.

-MarkM-

Regardless of what's going on with the OP, it's been listed here way before this
thread...

https://bitcointalk.org/index.php?topic=469640

No premine, no instamine. It's now pure POS, since POW has finished.

What problem, someone changed there attitude quickly? am i showing up a hero member?>

Haven't you read up on proof of stake? There have been many massively long threads going into all the problems.

-MarkM-

about people to dumb to clear a console, so they don't get keylogged? , or people to dumb to remember there password?

Yeah, the main problem is crypto kids can't hold onto a coin more than 7 days to earn any interest!

No, the problems are all the ways that PoS is insecure.

Read up on it.

Having hybrid, so blocks can also be mined by proof of work, is one of the most commonly used fixes, but this coin is being touted as having done away with that.

So what mechanism is it using instead to fix the problems?

-MarkM-

what part is insecure? im sure it's not a 1000 word essay. maybe 200 tops?

Id' like to know aswell, what's insecure about POS? Where can I read up on it?

If you prefer not to do due diligence that is your own choice.

There are quite a few search results not only in this section of the forum but also over in the development section.

The material in the development section is likely to be more technical, but as bitcoin itself does not use proof of stake much of the material that started there may well have been moved to here by now.

-MarkM-

Maybe you need some due diligence, altcoins are men't to see what can be improved, PoS is a work in progress, so  LOL

Yes that is why I want to read their paper explaining what improvement it is that they made.

-MarkM-

for blackcoin? or PoS in general.

the scariest thing to me about this coin is that cryptowhale is talking about it

That wiki page describes systems that are not actually in use in most (or maybe actually in any) coins.

For example ppcoin, and the coins cloned from it, does not use the signature block every 100 blocks that all the stakeholders sign, which is Meni's proposed method.

That page does not talk about ppcoin's method at all in fact.

Sunny King has always been very evasive whenever the problems in ppcoin are brought up, claiming to have put in fixes at times for example without indicating or revealing what they were or how he imagines they would work.

He was also proud of not having read any of the literature on proof of stake but having just made up ppcoin on his own out of the blue.

So basically just the standard scammer bullshit artist approach of "I don't give a shit whether it is secure, I am making money, fools are buying it, that is what is important not all the academic crap like whether it is or even could potentially be secure".

-MarkM-

If your saying bc had nothing new to offer it was only AVAILABLE FOR 7 DAYS TO MINE!!!!!!!!, i might of miss understood you very sleepy tho^^

Wait what? That is usually what altcoins aim to do is improve something and fill a sort of niche with their improvements.

 ^  for someone named chriss franko i hope you get rich off franko coin ;D

Funny how the trade volume is going up but the price is not realy doing anything. Its been 600-800 range off and on for a few weeks

+1

As an early adopter I knew all of this. This is a 10,000 sat coin without a pump. But more exposure can only help. Lots of development going on in the community and the POS works perfectly :)

hmmm so quiet in this thread

lol, is this a joke?

The volume of trade did go up on mintpal from 9 bitcoins to 65 bitcoins

I'm pretty sure this guy just noticed that and claimed he had something to do with it.

on twitter he kept saying "half my guys waiting on deposits, invest now while cheap", highest it got was 890 and this was before he tweeted that.

He's claiming "hop on now and enjoy the ride" while it's at 800, this was several hours ago, still at 800.

It jumped 50%, he claimed to expect 1000%+

Op is a thief, him and his cohorts pump coins then amass a legion on IRC + twitter promising a pump, followed by dumping on the unsuspecting masses. I sold out my BC as soon as they got involved.

Looks like he pumped it up to 900 with his own money earlier and now its flat with no one to dump on

Although thats possibly true, Blackcoin is actually not a bad investment right now. POS with interest makes it one of the ones that stand out and it's very new.

Buying.

EDIT: Bought  :D

Instamined? From start mining diff shooted up because of the high hashrate.
I was there from start and believe me there was no instamine. The thread was on front page of announcements at all times so you couldn't miss it if you looked.

I mined 10k in 7 days(1Mh). with prices now its ridicously low

+ the dump has already happened while it was being mined, only way is up now.

+1

I was there from day 1 also, mined hard from the start. I'm not giving my BlackCoins away for a long time. I love that POS facility, it works so well, I am accumulating more and only 75million coins in total so no-one to dump on me - 1% annual coin inflation, there's hardly a safer alt out there to store your BTC than BlackCoin.

Looks like BlackCoin has flatlined at 800 satoshi, +60% from yesterday.

No dump yet. Looks like pump is still work-in-progress.

Buy support now coming in again.... This really is still in progress... Remember MAZA?

Choo Choo!

 :D :D :D

Finally...

 8)

We are about to break yesterday's high of 890. How many people are going to wish they had more?

I mean, it's not often you get to jump in BEFORE the move - and this thread proves everyone had a chance!!!

Except some where thinking it was a dumping exercise. So new buyers made small gains
buying yesterday at the lower end and sold for a quick profit.

Anyone need a tissue?  :'( ;D

Yup, I was soaking up people dumping into me with buy orders at 700-750 range, which is cheap coins for me. Also I announced this to the public the same time I did to team hence why they had to wait for deposits, I did this because Maza wasn't even supposed to be announced but gained a lot of attention so I figured I'd give the community a headsup this time to instead of keeping it private to see what my team can do.

I told people top 'hop on and enjoy the ride' at 500. About 1K now, regardless of how you see it had you listened you would've had double your investment now. That being said, I'm known for 10 minutes pumps but I clearly stated this wasn't one of them, I said it'd be a week or so, so if you want to flame me for something not going up and down a 500% in 30 seconds just fuck off this thread anyway, because people whine regardless of what kind of type of pump it is; but I'd suspect you whine since you bought de nada

If you havent sold now is your chance. Dont let this guy dump on you.

This looks like another 'wolong and the cheerleaders' pump. With all the regular cheerleaders in it.

 :-*

+1

Anyone complaining clearly either:

1. didn't buy any blackcoin
2. did buy some but sold for small profit
3. is buying blackcoin and trying to get others to sell in to their orders

Either way, this was a heads up that is so RARE that you'd be mad not to make money out of this.

Without a pump blackcoin is worth 2500 to 5000 sat at the low end anyway - don't ignore the 'long term' advice here, this is not 15 minute pump like others - straight up and straight down. Look at the price action, volume and charts...

Next push above 1000 sat and it's not coming back under. It's not too late!

Other coins that are complete scams have a market cap at least twice that of BlackCoin. This one isn't a scam coin, so it should be worth well more than any of those. My estimate for the true value of BlackCoin is at least 10K Satoshi. Gives it a market cap of around 7 million, and considering what BlackCoin is it should easily be worth that much.

+1

Already broke through the 1,000 sat barrier. Gentle pushes upwards are making early adopters sell thus giving the whales some cheap coins. It's all so obvious - this is how they are getting their coins!

Dumped from 1450 sat to 1000 sat, the new floor. Buy cheap now if you missed the train!!

I would like to point out that I am full aware I should have held my coins I bought at 500 haha. However, your pump today fucked me and I lost 50% immediately.

Luckily, I was waiting on a deposit and could only invest less than 10%

that pump today was not a pump it was an organized dump, why do people still far for this

MarkM is totally correct.  I've spent about a year trying to design a good PoS/PoW hybrid system, and gmaxwell still thinks my system is going to eventually explode itself into oblivion.  Gmaxwell himself tried to design 4 different PoS systems and abandoned the work because he felt like it could never be secure.  The original source code of nxt could be allow anyone to burn through blocks by tweaking the nonces, and all that required changing was two lines; it's dubious whether or not pure PoS could ever work, or even if it's a good idea.

Further, if they forked Peercoin, they should probably be aware that the security for the PoS block mining algo depends on the timing of PoW blocks on the network... so expect that to break if you just forked the coin and decided to turn off PoW at block 10,000.

Looks like its losing steam :o I could use more cheap coins please

Looks like they're not getting any cheaper than 1,000 sat. A bargain!

So from 500 sat to 1400 sat back down to level 1000 sat.

What part do you not get? Blackcoin is now holding price >100% higher than 2 days ago.

Have you never heard of price action??!

PS. If you have, you'll be looking to accumulate around 1,000 sat area

If you bought at 500, how can you lose 50%? Since the price rose it hasn't come back down under 1,000 sat? So you must have 100% profit right?

Even if you bought at the top (let's say 1,500) the current price is around 1,100 so that would be 27% down? Just wait a little longer, the 1,000 sat area is the new bottom :D

Trains on the move again

Looks like head n shoulders forming, epic bc collapse incoming

I've heard this a few times. The Support at 1,000 is too strong. There's no way Blackcoin will ever see 500 again. Never.

But I want more cheap coins
https://i.imgur.com/s1Xa231.jpg

500 within a week, where is this 1000 support you speak of?

Pump and dump games, this some funny shit  ;D

Who you gonna call?

https://i.imgur.com/jdZ8p3F.jpg

If you review the charts for BlackCoin you will see it holding steady at 1,000 satoshi level, i'm using the Mintpal charts. Draw a line at the 1,000 satoshi level, what do you see?

https://pbs.twimg.com/media/BimtgS-CMAABBM4.png:large

Technical analysis is not for everyone, lines of support/resistance can be difficult to spot.

BlackCoin Multipool launches tomorrow:

"The multipool works in a very simple way, you point your miners to our server and we make sure you get paid as much as possible from your precious hashes. When you mine with us, we trade the altcoins we mine into BTC, then buy BC at the best possible price, this creates buy pressure for BC. This translates into one thing, BCs will be worth more. Simple as that."

http://www.blackcoin.co/mining/want-to-mine-blackcoin-again/

BlackCoin is starting to take off  - market cap still < $700,000

I've been blurting on about this since 500 sat, so, are you in yet? It's no too late!

https://pbs.twimg.com/media/BirFdXLCIAEBcPN.png:large

Blackcoin is holding 1600, there is no dip yet, if you are not already in I still recommend you take a look! The Balackcoin pool launches soon and there'll be even more competition to pick up these coins - the price could further explode!

BlackCoin broken through 1,800 satoshi. An attack on 2,000 is imminent, watch the price, trade carefully, buy on dips. But beware, there might not be any dips for a while at this rate!

Do you expect to be spoon fed with papers and explanations - do your due diligence and read the source.  ;D

+1

Hehe! Are you kidding - to guys like this things like 400% gains only happen to other people :D

Dipped to 1,500 now back up to attack 2,000 level. If it gets through, it'll be a break out, new floor will be 2,000 area.

https://pbs.twimg.com/media/BitgSnECYAEClJ7.png:large

Can u tell me what's destination of this pump train ?     5000satoshi or even more ? 

This is not so much a pump than a rather large number of people buying in to BlackCoin because of the new BlackCoin multipool. Sell walls are now getting eaten up by existing holders. As there are no new coins being produce and also coin interest is only 1% per annum the price is being pushed upwards, it has quite some momentum at this time.

The price is being pushed up by existing holders as well as by new holders who are buying up BlackCoin stock.

How can I do if I missed the train ? >:(

Edit: The train is coming back!!!

Hurry up! don't miss the train.

I see now it has gone over 2000 satoshi on Poloniex so that is a really good sign. I wonder if it can do a MAZA or Aurora thing like those two the other week past. By the way what is the multipool and what does it do exactly as I am not very techie in these things.

It's mining the most profitable altcoin > selling for btc > buying blackcoin

http://bcmultipool.com (http://bcmultipool.com)

what happens when all the bc is bought up from all the exchanges?

Then it is time for all good men to come to the aid.

Hmm Ultimate Black Hole is when you mine BTC for BC directly so...

next game changing will be flip sides 1BC>1BC  - none can predict future even that  joke can happend

UPDATE: 300% - done.

Thanks to everybody who sold me cheap coins at 700.

3k% = target.

Hehe

Well thanks for selling me BC at 700





Thoughts after 5 days?






You should give investment advice, part 1: never buy something that Warren Buffet holds lmao

That's some pawnage right there.

Should've gone with BCWhale as your handle.

Thoughts after 5 days?



Now I think you're taking credit for something you didn't do and aren't doing right now either.

You are saying 3,000% not 3,000 satoshi?

That's a MASSIVE target. People would get rich on this coin if that is correct!

i love bc

So first it's a "fakedump" by me and now that you've seen it isn't then it isn't pumped by me. As previously stated I announced to the public at the same time as I did with the team. You know what I think? You didn't invest anything so why would you go into this thread anyway, had you done that you'd love me since when this post was made BlackCoin was at it's lowest point ever (500-550) and I brought it up - but either way, everybody who listened to me has profited and it's not done by far.

Get your head out of your ass.

Post some trading history logs then.

good job mate, dont get distracted by retards..too many poor and frustrated people here with no balls whatsoever.

This is very nice. I only got 1k of them but do you think it will grow like mazaocin did to that level or will it stay in these mono thousands region? I would like to know so if it isn't too late should I buy a few more of them now? :)

Ask yourself how much coin like NXT pure POS is worth...
BC is now pure POS without premine it development will be slower but it cause strange things their community have to be active and backup dev and whole projects.

NXT - 1,000,000,000 [all] -  0.00006303 BTC
BC -       75,000,000  [all] -  0.00004000 BTC

o_O - i don't have to say more :P, i guess

What does it mean? I'm not math

I debated buying more every step of the way and haven't regretted my decision to do so. Sure, it could drop, but bc is actively trying to prevent deflation.

No other coin is doing that.

My only regret would not be keeping the coin I bought 5x's cheaper.

I like how you're taking so much credit for BC.




Yeah do this, but take your time faking them though, most people can tell by the pixels.

Do a failed pump, people will call you a dumper- do a succesful one and people will claim you're just taking credit for something you didn't do.
I don't blame Fontas nor Wolong for getting tired of it - either way you want to see it, I've made everybody who took my advice upon the announcement over 300%+. Sadly you didn't buy. And to respond to your last quote, that's exactly what people will say. Enjoy watching from the sidelines, though.
What I've done is pumped it since I announced it with setting buy walls, buying mostly cheap coins from people dumping, also I announced to my team at the same time as the community- most of my team hold large amounts. That along with the multipool Blackcoin added contributed to it's current success.
Either way, not sure why you'd post here since you're obviously not holding yourself, gl though.

2014-03-10 21:21:20   BUY   0.00000800   25000.00000000   0.20000000   0.00030000   0.20030000

This order was placed BECAUSE OF BTCWhale.

I do not think he was responsible for BC's success, but give him credit for making a DAMN GOOD call.

I had to buy more and can you please ask all the other whales to buy more so it goes up enough to make a real difference in some of our lives I am so much waiting for that ONE THING TO HAPPEN with a coin for me, just hope I didn't buy in too late although I had a few hundred from before.

I will eve sing for Black coin now..
come whale with me  ;D ;D
come whale and buy some more..........................

No, people have their own logs and can verify if it looks legit or not.

I bet you are mad.

+1

Can't argue with that :)