Bitcoin Forum

Something big with BlackCoin (BC) is happening at this moment.

http://s25.postimg.org/9r3xvfq33/2014_03_14_16_57_18.png

Link: http://forums.anandtech.com/showpost.php?p=36155812&postcount=11730


and it seems like the buying volume is increasing now with a rise of BC/BTC price.

http://s25.postimg.org/mtzkepgb3/2014_03_14_16_55_56.png

Link: https://www.mintpal.com/market/BC/BTC


Maybe it is time to make some profit?  8)

I very much like this idea  ;D

all aboard ! ;D

What sets this BlackCoin apart from the next CloneCoin pump-and-dump?

There are lots of things, .just check out the main thread.
https://bitcointalk.org/index.php?topic=469640.0

It the first PoW/PoS coin, now fully PoS.
It has 1% interest (witch is far better then for example 20%) because it is only 1% inflation instead of 20%.
It has 0% premine, with great and active community.
The coins are rather fairly distributed unlike NXT, check the top 100 richest adresses.

Oh and the best part: it is still massively undervalued even with the latest rises.
The coin was being selled at 3000 sat while the PoW was in progress wich is double the price from now.

Can't wait for the BC multipool, haven't had the energy to stay on top of things of what to mine or micro trade from dips, so it's gonna be nice to just point it to a pool and let the BC's flow in and at the same time help the value rise.

This is one of the most fascinating things to happen in  a long time I think.

Mining on the BC pool would generate BC for the miner, while driving up value of coins for everyone. This is revolutionary. Expect to see a lot more people try to use this idea.

pardon my ignorance, but what the hell is it good for?? just another crypto currency that tries to get everyone to jump in and pump it up and then dump it..

this is turning into another penny stock fiasco like on Wall Street. A new coin comes out every god damn day and it dilutes the market and takes away from
other better coins..

And what's going to happen to the value of the coins being used to inflate the value of bc? what does bc do that other coins don't, other than be harder to obtain and having this multipool experiment idea?
Btw I'm damn sorry I sold my coins at 1250 the other day, but I'll be damned if I will jump in now - epic dump incoming.

You are a funny man :-)

I'd short the shit out of this if I could.

Who wants an April 14th contract for 125,000 blackcoin @ 1600 satoshis?

you can't mine it anymore, you half to buy it and that's why we set up a multipool so miners can still mine it, while giving it constant buy support

How would that work exactly?

We agree to a transaction wherein I send you 125,000 BC at the price point of 1600 satoshis (2 BTC).  If the price rockets and stays there, you win and I lose.  If it crashes back to 500 (anything less than 1600), I win and you lose.

I still don't get it. You send me 125k and I send you 2 BTC?

Anyone invested into BC is not thinking clearly or likes the risk of jumping on the pump n dump train.

Have you not thought further ahead to say why should I even hold this coin - what can you do with it? You cannot purchase things, there's no services, no outlook for the coin besides "lets raise the value artificially by taking value from other shitcoins"

Good luck to you all

On April 14th, one month from now.  You're speculating that BC will be equal to or higher than .00001600 BTC/BC one month from now.  I'm speculating that it will be lower.  Really not feasible without a 3rd party, as you're trusting the opposite end of the deal to hold their end of the bargain.

I'm surprised no such platform has emerged yet to support coin futures.

http://www.investopedia.com/terms/f/futurescontract.asp (http://www.investopedia.com/terms/f/futurescontract.asp)

2 x 290 (non x), how many BC I can get per day?

There are no services for any of the coins in the scale that would really matter. It's all just speculation at this point. Except maybe for bitcoin.

The same can be said for all alt coins almost

I'm very interested in BlackCoin - it's found a way to be self-sustainable without having the market flooded with coins. It may have no place now, but if it holds it's value for more than a month then something might happen. That's why you should hold. If you think that dumping your coins and trying to find another one to make a quick profit off of helps crypto, you're wrong.

As long as the dev doesn't dump and run, this coin could actually do something.

Let's say on April 14th, the price is 800 satoshis. Then I would send you 1 BTC?
And if the price is 2400 satoshis, you would send me 1 BTC?
What if the price is 16000 satoshis?



It would seem that such feature would give even more motivation for people to spread fud and lies. Not sure if it would be a good thing.

No, you still send me 2 BTC, paying 1600 satoshis per blackcoin regardless of price.  If Blackcoin is at 800 satoshis, you'd be paying 2 BTC for 1 BTC worth of blackcoin.  Then again, if the price is 4800 satoshis per BC one month from now, I still have to sell you 125k BC @ 1600 satoshis.  You'll get 6 BTC worth of blackcoin for 2 BTC.

Ok now I get it how it could be done, thanks for explaining. :)

Yeah, and BBQ coin was undervalued after I dumped every 2k BBQs for 1 BTC.

In fact, it's even dropped in value 10-fold since then.

And we had a great community too ;)

Never did have any takers. :D

A futures market really would put a bullet in the head of all of this pump and dump bullshit.