Bitcoin Forum

The price of BlackCoin has risen over 6x in the past week, currently sitting at 0.00003400 at the time of posting this, up from 0.00000500 earlier in the week.

According to coinmarketcap.com (http://coinmarketcap.com/volume.html#bc), BlackCoin is the 4th most-traded cryptocurrency in the past 24 hours: #1 BTC, #2 LTC, #3 DOGE, #4 BC

The total amount of BlackCoins in existence is close to 75 million, and with only a tiny amount of new coins generated each day through PoS, there is very little new BC entering the market.

If you compare BlackCoin to similar, more well-established coins with a similar total amount of coins, you can see that the potential future price of BlackCoin could reach amounts several times greater than the current price. (Though this is by no means a sure thing, only the future potential)

BlackCoin has an active community with its members involved in innovations such as the first multipool that pays out in an altcoin (BlackCoin multipool (http://bcmultipool.com/), currently in open beta).

Buy in now or start mining on the BlackCoin multipool. I don't believe that it is too late or that anyone has 'missed the train.'

+1. I see Blackcoin doubling in price easily due to those factors.

It's undervalued.

Blackcoin has now surpassed Doge in 24 hour volume. I like to view volume to prevent investing in a pump-and-dump coin.

THIS +1

Might surpass litecoin now and do an aurora on us. Now wouldn't that be nice? I would love to see a new black coin aurora happening..even if it did a maza I would be happy lol. ;D ;D I would love to earn back the money I lost form being hacked.

I finally pulled my head out of my ass on this coin and bought 1.5 btc this morn in high 20's. Is this thing going to keep chugging? I'd hate to take a little profit now and not be able to buy back in at reasonable price. DAMN I wish I'd had the sense to buy 5 btc when it was 1000 yesterday.

With one advantage has BC over Aurora its 100% mined out and you clearly see what is going on.

Look at :
http://maarx.nl/maarx.nl/blackcoin/distribution/

and you see than none is BC king... that 4m wallet has to be exchange.
Somewhere have to be that ~800 BTC Volume exchange took place.

Damn people stop dumping, hope you lose your asses buying back in!

It's going back up again..I doubt the multi pool will let the price drop especially if it is always buying the coins to pay out..I guess some peeps want a fast return they getting some money out but I think more peeps will start to come and buy. I think this is just the beginning..Just my two blacks. I think by tomorrow it will double again.

I need to get some more btc on Mintpal, I think 3700 would have been a good buy. Still don't understand why someone would sell in the 3s right now, stupid.

ok you lamers.. I bought into this coin.. fucking start pumping it so I can make some BTC!!!!

If this coin is as good as everyone is saying it is, then the USD value of it should be over 50 cents a coin...

Looks like a good old dump-and-pump. Price is now higher.

Now weak hands are dumping it for 2k lower than I bought which is stupid so I am going to bag hold it now and not sell for less. I was hoping it was going to go into 10k at least.

It probably will, be patient. Those idiots selling in the 2's are gonna be sorry I think...

How many total coins are there? Can you do it what aurora did?

74 mil, market cap is under 2 mil - look at the market cap not price or coins and you know this could be huge. Aur and Doge are dead, money's gotta someplace this seems a good bet.

Downward trend set.  This is following the same pattern as any other massive pump and dump.  I'll call this the aurora pattern.

 :D

Will see ^^

Man you sound like a douchebag.

Pumped and dumped.

So sad this happens to every coin with some promise these days.

I feel sorry for the bag holders who bought in on the rise and didn't sell out before the drop.

wow that dump is pretty epic. I mean, what did people think was going to happen, Blackcoin Multipool was going to pump the price forever?

this is getting fucking old... if you're going to pump it, god damn it, pump it up so it has some fucking value. Pumping it up just enough so you can buy a fucking 6 pack or a pack of cigarettes is fucking retarded..

I've seen this with Doge, Aurora, and now Black.

It looks like there's only a dozen or so people that are even doing these pussy ass pump and dumps... Mommy and Daddy gave you your $10 allowance and you figured you would play dice with a crypto currency for a couple of hours..

this is really fucking getting old...

Wouldn't surprise me if it's the exact same people pumping these coins.

I'm usually at least doubling my BTC on these pumps. That is not a pack of cigarettes but a small car.

It's still at 3200-3600.

honestly, even if this coin plummets the value will still slowly rise as long as miners are interested. I'm not pulling my miners out regardless of what pump and dumpers do, because if I continue to mine and tell other people eventually the value will go back up and the bag holders will be coin supporters rather than folks looking to make a quick buck.

To be honest, a couple of pump and dumps would weed out all the get rich quickers.

Teach me your ways, I could definitely use a small car.

Spot "the coin of the day", see when people start hyping something up and are investing their coins in. Spot high trading volume. It is ALWAYS the same pattern, always.  Put a good amount of BTC (3-5+) in, see it rise, sell in increments at prices that doubled your profits. Don't be greedy, you must sell below the peak or you risk too much.

That's it. If you know how to spot, it works every time. Yes it's a bit saddening... but that's trading.

Everyone is constantly hyping every coin though. Which ones have you caught before they went up?

In order to comfortably invest that much I would need to sell my mining rig, and since I plan on launching a coin in the near future I can't really do that right now.

I wish I had of stayed with BC when I first bought it.. I'd have 5x's my investment at least.

Don't listen to people, observe the exchanges observe the markets. It's not that hard to see when something is beginning to rise in volume. All it truly needs is proper observation.

Which sites do you use to monitor?

Should I just PM you? I don't want to spam the forum.

Wow, I honestly didn't expect the price to rise so much so soon after I made this post, but when the price hit 0.00004000 and was nearing my original sell target, I transferred all my BC over to MintPal. My cash-out point was @ 0.00004500, and with an average buy of ~0.00000750 over several buys, I manage to make 6x profit, which is not bad for a couple of weeks. Now I wasn't holding tons of coins, but I was a top 100 address so I made a decent amount of BTC.

Still, that is just my personal risk tolerance with this certain coin and the kind of profit I was happy with. Long-term, I still believe there is a lot of potential for the price of BC to rise. Whether it will reach its full potential, no one can say for sure. I still think if you were to jump in now you would likely be able to squeeze out at least 2x profit over some point in the coming months.

But with the altcoin scene becoming so diluted now and most alts just being used as tools for pump and dumps for the rich, you are probably better off going with a longer-term investment. If you are someone who keeps getting burned at day trading, or trying to get in on the next big alt-coin train, it might be a good idea to change your strategy and try a longer-term investment like LTC. You put your coins in cold storage and don't touch them for a year or two. I still have a large chunk of the LTC that I picked up before the November rise and it is quietly sitting on a paper wallet, being added to occasionally by my mining profits.

Whether you choose to hold or sell, good luck to you and hope you all make a profit in the end. =)

MINT is now fully PoS. Could MINT multi pools enable similar growth?

pLEASE Change drug...

Mint is not full POS.

"- After 5 weeks, the PoW payout will be fixed at 1 coin per block"
"- 4 confirmations for transaction, thus fast 2 mins confirmation for transactions"

POW/POS vs pure POS it has difference.

Eg. speed of pure POS is faster. BC have 5-15s transaction speed while POW in  Mint secure fixed 60s time.
In POS you don't fix block creation time like in POW.

Semantics.

1 coin per block? LOL.

Full POS mean that all of your work eg mining block are doing by POS system not POW...
Look how NXT is doing it or BC whose coins don't need POW part that is why they are full POS .

If you call Mint full POS you just "bit" lying.
Mint just distribute new coins by POS system but this is not full POS because you still mining Blocks with POW.


There is huge difference in long therm between 1% and 20%(real 18%).
Mint 20% Needs now daily 2.3BTC to buy all new coins
BC 1% needs now daily 0.06 BTC to buy all new coins

Ass you see there is 20x easier to pump BC than Mint :( daily inflation makes difference.

unfortunately, I don't have 50+ BTC to put into the pot to make those kinds of gains.. I'd be more than happy to receive some donations from you...  ;D

I really need the money.. I've got actual bills to pay.. The economy where I live blows hard and I don't have the finances to move... Self Employed and trying to make a bit of money in the crypto currency market is about all I've got going for me.. That's why I get pissed off at these kiddies that are doing these micro pump and dumps..

I have no problem pumping and dumping... Just do it so that most of us can actually make some good returns.. I bought a whole bunch at 3500 and I'll be damn as soon as I did, the fuckers start dumping.. If you're going to dump get it up to 12000 or higher so that it matters..

I'm not on any drugs.. I could use some Afghan Kush though.. Been quite a while since I smoked. Wouldn't mind getting some THC oil to vape in my eCig...

you do realize that 0.00003145 BTC is about 2 fucking cents.. If you're going to pump it, make it worth something like 15 cents, which is 0.0002359 BTC. Then when you
dump a few thousand coins you will make a decent profit...

I guess they should now rename this coin the RedCoin cuz it's in the red as in it's losing value...   >:(

Standard procedure.

See here: https://bitcointalk.org/index.php?topic=469640.msg5717447#msg5717447

Feel REALLY sorry for them now, because those coins they sold a a big loss are now worth about what they were before the dump. This is a brutal game make no mistake, it will test your emotions to the limits on what to do in volatile situations. Best bet is to place buy and sell orders that give you a nice profit, then leave the computer alone - sitting there watching is probably the cause of most money losses.

With BC at the old peak ist's likely to crash again I assume. Like the double wave of most other coins.

Hope so, waiting with another btc for sub 2000 coins..

Can't wait for the SHA-256 to be added to the multi-pool tech.  ;D Holding myself, as I don't want to be out once that hash power hits!

You will be waiting forever.