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Summary of this disaster
- Dev has dumped his premined coins and abandoned the project
- Proof of stake not working
- Wallet broken,hard fork required, mintpal not accepting deposits
- Price has bombed further
- Anyone who bought in at 2000 has been screwed
This coins reputation has been flushed down the toilet. GG it's a wrap. Time to move onto the next coin.
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Thanks for the message dirvine. I know it's a message to the wider community and not just a response to me. I need to do some calculations before I comment further. Not sure what you mean by "fair". I'm pretty sure you weren't forced by the government or anyone else to engage in a safecoin purchase.
Your decision to buy shouldn't depend on what other people are getting in at. It should depend on whether or not this is a sensible financial transaction for you.
Just because some people got into bitcoin at 5 cents is it somehow unfair (or a poor investment) to buy now at $450?
If people are buying bitcoin at 5 cents right now whilst others are buying them $450, then obviously that is a problem. Well, I say obviously... And according to you, something can only be unfair if it involves coercion?  I'm not even replying to that. |
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Wowww.... whats happend... It look like that there greate news :-)
- whales have run out of coins to sell - Going on vault of satoshi (who are re-entering the US market) - bittylicious have added us (popular coinbase type service used in the UK) - confidence quickly restored after dumping stopped and we stabilised I said yesterday there were a lot of people on the sidelines waiting with their btc for the right time to get back in. |
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One thing I wonder about is if the FBI or people at Fincen.gov are monitoring these boards and markets. I'm pretty sure they are and will be interesting to see what the future brings. I myself will welcome regulation
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haha looks like someone spent some money.. idiot ^^
Looks to me like someone foolishly tried to pump MINT and a bagholder saw it as a golden opportunity to dump their holdings. Lesson learned: you can't pump a lead balloon. |
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How many SafeCoins were bought with MSC? Not much right? The sellers don't have exactly the biggest stash...?
I am not aware of the exact figure... but somehow I am convinced that the majority of those selling these past couple of days are within that group... maybe this below might help you come up with an exact figure...  This is what we have done, it reduces the back office steps, ensures BTC backers are looked after and not squeezed out. MSC backers got in at almost equal footing as BTC (almost 50% / 50%) and we all win. The BTC goes ahead and the MSC people got in fast and made their purchase.
In my opinion they should award extra safecoin to the Bitcoin backers to compensate. I honestly wouldn't have bought the safecoins if I knew a huge chunk of people were buying them for cheaper, due to the scenario that is playing out now. I'm not worried long term as I believe strongly the price will go up a lot. But still, doesn't seem fair to me. |
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Ugh this is so frustrating,I wanted to buy BlackCoin,but I had to buy BTC from coin base first....and that takes days:(((((
Have you got instant buy enabled? If you provide them with a credit card number you can get to buy instantly. unfortunately, that will not speed up the BTC transaction itself. I waited 59 minutes this morning, luckily was still able to get more BC for ~24k but it was absolutely frustrating how long it took... If you live in the UK you can use bittylicious to buy blackcoin almost instantly with pounds. |
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Price down to 9 satoshis.  |
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 white power! Stop the white power comments. |
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Since WC is underperforming its expected "skyrocket" price, people are going back to BC. As a result, WC price is dropping.
thank God I didn't go on that shit coin +1. Whitecoin, Asiacoin, Faircoin have all bombed. And the market is getting even more saturated with clones like Yellowcoin, Yingyangcoin etc. No coin comes close to competing with us. |
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seems BC is being pumped right now.
TAKE IT TO 100K !
I don't think it is artificial though, hundreds of btc in buy orders stacked up today down to 20K. Looks like lots of people were hoping for a lower price to enter or re-enter. And now the price is rising, so if those guys want to get BC they'll have to raise their orders. To quote myself from 10 hours ago: Also trading volume has dipped quite a bit. This means it takes much less buy support to maintain the current price. Historically this has always led to pumps as eventually the number of sellers runs out.
Previous pumps at 4800 and 9500 both occurred when ordinary trading volume fell quite a bit |
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 The Blackcoin community needs a place where we can work together on new ideas and projects to build value in Blackcoin. Blackcoin and the mass of development around it has clearly outgrown a single thread. We need a place where we can work together more easily, where the discourse on a topic can flow naturally... and we already have that place!JOIN THE SUBREDDIT: http://www.reddit.com/r/blackcoin1,203 Black Knights have already joined! The subreddit has almost tripled in size in less than 2 weeks. The community there is active. I'm not advocating that you abandon Bitcointalk - you can do like I do and keep a permanent tab for each.  +1. Such a simple thing anyone who supports Blackcoin can do. The more our community grows in size the more we can leverage it in the future. |
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Perhaps we could offer Mintpal a bounty to add bc as a currency pair.
That would be an incentive for them.
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Can the Maidsafe people respond to a core developer implying Safecoin is a scam? Can hyped up non-existent vaporware cure cancer? Anyone's guess. I saw and early whitepaper for that and it was full of technobabble and set of my personal sleaze alarms.
Good thing I only invested $110 EDIT: Does it concern anyone that all the core files (the actual code) haven't been updated in 2 - 3 months? report that the NHS in the UK have used maidsafe as a trial to help test it and it was 50% more efficient than their normal technology. |
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Orderbook for Blackcoin looking bullish   |
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MINT order book looking mighty thin  |
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Let's say that I know someone who's going to pump WC badly. Over 5k in the next week.
Another whitecoin liar.  |
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For some reason bitcointalk is removing our link to hashcows. We're looking into this issue now and how we can link to them.
This is what is being shown in your previous post: [Suspicious link removed]/[/url] |
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I like how you are thinking. Marketed correctly, we could make this a luxury crypto that is desirable to own. The stage is already set with the logo already having that touch of class about it with the black and gold finish and elegant font face.
We're stripped free of the stigma attached to Bitcoin, because people who think of Bitcoin automatically think:
- Silk road, drugs, crime (illegal activity)
- Mining bitcoins electronically on computers (difficult for the layperson to understand)
- Nerdy
So far we've got this coin off to a great start but it's only the beginning. IMO the biggest factor behind a coins success by far is marketing. Forget the technical specifications or the trading volume or anything else. Marketing is king. But it all ties together, with our strong technical specs it gives us a lot to shout about.
+10000 Well said and better explained than I did. By the end of the week people should start receiving their cards. By next week almost everyone who ordered the cards should have them. Once the word gets out about BlackCoin and the BlackCoin card people will want to own the "Luxury Coin". And you can't mine the luxury coin, you have to buy it. This makes BlackCoin exclusive in nature. I like those lines. If you ever want any kind of help, always feel free to pm me. I have many years experience as a web designer for an industry leading firm in the UK and I'm open to collaborating on anything that will further Blackcoin. Even if it's someone to bounce ideas off or help spread the word, just shoot me a pm. |
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