Economically sound and secure coin with fast transactions, good developers and community, multipool up and running which pays out in blackcoin (increasing demand for the coin), lots of projects underway, lots of new attention being brought to the coin, lots of excitement.

To answer your question before you edited, "will the coin keep increasing 400% in value every month?"

Well, in the world of cryptocurrency, nothing is ever certain.  If anyone could predict the highs and lows without fail, they'd be very wealthy.  So in answer to the question: yes, yes it will.

I wouldn't count the coin out yet.  I think the dev's always been in it for the long haul, so he wasn't really trying to get everything set up for a mad frenzy on day one.

However, since you can only hold the public's attention for so long, that means a lot of the initial fervor has died down, so it may be an uphill battle for adoption.  (Not being from Iceland, I can't speak to the exact sentiment there.)

From an investment point of view, I still think it could be a reasonable pickup - perhaps even a great pickup now.  When sentiment is down, prices are cheap.  Just don't bet your house on it, and don't expect to be rich over night.

That's what most of these pump and dumpers do.  They tell everyone to hold and wait for the price to go up, meanwhile they dump all of their coins.  Some are already in the dumping phase before they even broadcast their intention to pump.

I doubt most pump and dumps even make money for the group as a whole, just the people leading it who convince others to pay the cost of moving the market for them.

Yeah, I like Doge.  Unfortunately, the coin has been bleeding away like $200k a day in mining costs for the last 2 months and it's been crushing the coin's value.  Probably good for blackcoin though.

Coin moving up at light speed at the moment, 7300 to 7800 in about 6 minutes.  Ship might have sailed on all the cheap coins.

But regardless, with blackcoinpool generating much better payouts after the rough start on the first day, things are definitely looking good.

So what's the total cost for every bet in total?  Somewhere between .0001 and .0003172?  Would be unfortunate if low-rollers are locked out of the action (since in addition to their bets they spread the word to other players.)

I think I'd also agree that I like 1% better than 2% to keep the rate competitive, should make up the difference in volume (and increased popularity itself would increase the coin's value as well.)

If this coin is basically acting like a group/decentralized investment fund, I would think that proof of stake is a better fit.  If you plan to do something like buy a few asics and pay out dividends or reinvest mining returns, there's no gain from the proof of work model since there's no need for a wide distribution after the initial launch.

Proof of work only really seems to make sense if you want to use the initial funds to reinvest and grow the coin as a more widely used currency (building infrastructure and advertising), rather than just as an investment fund/store of value.  Otherwise you're diluting the coin's value over time with no real gain for doing so.

Seems like an interesting idea, have my doubts it'll take off without a clear direction though.  Also seems like it needs a permanent escrow to handle the funds, which might be hard to find.

Someone who buys something worthless in the hopes that someone else pays more for that worthless thing in the hope that someone further pays even more for that worthless thing:
http://en.wikipedia.org/wiki/Greater_fool_theory

The Nash equilibrium is to never buy at all.

Or maybe someone just really likes batman.

If it's true, there's nothing to worry about.  Unless a manipulator thinks he can buy more coins than he ends up selling, holding a market below its true value will just cost himself money (and allow others to buy cheap coins.)  

It's possible someone has been selling a large holding of blackcoins, but I really doubt anyone is trying to manipulate the market at the moment.

And still waiting if anyone knows the answer to my question before, how's the timing work on the blackcoin mining pool payouts?  Once per day at a certain time or several times per day?

Is the blackcoin payout from the multipool once per day (at what time?) or is it spread a few times throughout?

I believe the main chain is the one which is longest, rather than which has the highest sum of work or difficulty.  I'm sure someone can correct me if this is mistaken.

As ghur says, decreasing the block reward would remove mining incentive, and a lower hash rate would reduce the coin's security.

For the moment, best to leave it as it is.  A moderately low price right now is not really such a bad thing, keeps the market forces at reasonable levels.

Update on the status of the timewarp threat:
https://bitcointalk.org/index.php?topic=552895

Sounds like another hard fork will be needed at some point to apply the fix.

What iopq is saying is the sum of each every block's difficulties, which should be very close to the total amount of work done in all but the short term.  (Basically the discrete version of an integral, not sure if there's a mathematical name for it or if you'd just call it a sum.)

That seems like a reasonable idea, although it may make it easier make very small forks.  (You can mine one block slower than the true chain, which causes your difficulty to go up, then you only need to catch up to the true chain rather than surpass it to gain preference - something along those lines.  You could probably fix this by making a minimum difficulty of at least the last 4 blocks or so greater to override an equal/longer block.)

Someone tries to pump and dump unsuccessfully and gets hit by a giant sell, then as soon as he leaves, the buying power returns in full force to take down a wall on the selling side.

Funny how the market works sometimes I suppose, maybe the person who bought the chunk off the other guy had been selling in a lot of smaller chunks before that, so his selling supply disappeared.

Wouldn't a simpler solution than a master checkpoint node just be to have the client limit the number of blocks overwritten when switching from a shorter fork?  Maybe 15 or so blocks, whatever number would provide the best balance between attack prevention and avoiding natural problems (if you have a natural fork that's 15 blocks long, you probably have some other problems anyway).

Or is there some reason this would be inadequate or problematic to implement?

You could also allow an option to manually choose or set a flag to override this limit to increase versatility.

Ya never know.  If you look at the ridiculous pace that tools and infrastructure have been popping up for Dogecoin, it wouldn't be entirely shocking if a lot of stuff pops up around this coin within 3-6 months.

Are you referring to me?  I never said that the coin is immune to all possible future attacks (no coin has this certainty), just that the claimed "death by forking" had not happened.

I don't know whether or not someone interested in doing so could muster enough of a hashrate to execute an attack on a coin of this size, but as I said, a higher price would be more comfortable since it would increase the security.

According to other users, the guy making threats in the other thread has been blowing smoke about destroying altcoins and not having the ability to follow through on several other occasions.  I personally am not familiar with his history.

To clarify for anyone who is confused, the coin is still up and running fine at this moment.

However, the other thread in this forum says "auroracoin - forked and game over" - this turned out to be pretty much untrue, but many have been misled by it.  I'm not sure whether or not these were legitimate "attack" forks that were ever competitive with the main fork or not, maybe someone else knows more than me there, but the main branch that everyone is on is fine now.

The problem was that many people believed the coin was killed and have been panicked for like the last 30 hours or so.

This has caused the price to fall, which does ultimately reduce the security because there isn't as much incentive for miners.  I don't personally know whether or not this brings it within possible attack range with rewards worth around $25/block.

Price has taken a small upturn in the last couple of hours though.  I'm hoping that'll keep going so we can be more confident that these security concerns are put to rest.  Since as I said, more valuable coin = more hashrate = more computing power needed to attack it = more secure.

Nope, coin's still alive.  Everyone is on the correct version of the fork and there is no evidence of any damage - the other forks were likely not even competitive with the main fork.  The difficulty was briefly very low due to the algorithm switch, which would have allowed someone to make a non-competitive "fork" with minimal hashpower.

But that's just my own conjecture.  The take-away is that the coin is fine for now.

The guy who created that thread is still implying that a time-warp attack is possible, but he's trying to say whatever he can to create doubt about the coin, so you can decide whether you think he's blowing smoke for yourself.

The price of the coin had been dropping regularly since the fear started, but appears to have stabilized for the moment, albeit lower than before.  From what I saw it had dropped to a low of around .0031, and is now around .0035 - while that's not a huge increase, it appears the panic-dumping has been put on hold.