Buy walls are very very thin  Buy walls and sell walls are both very thin, that's why this coin is so easily manipulated and the price is so volatile. I'm waiting for things to stabilize before I put any more money in, I'm looking for steady growth not pump n dumping. What more do you want? Blackcoin is up 6 times the price since the start of last week on massive volume and holding. While most altcoins including bitcoin is down. Next leg up should take us to 6k and beyond. Yeah it's still lasting well considering that it keeps going at an upward trend even after a couple of severe P&D attempts, it just bounced back. If it drops below 3k today I'll probably pick up some more, since I think the MP's influx of buys might get it to new levels, and stay there. Maybe not, but one can hope. What more do I want? Well, I would like to see some infrastructure being built for this coin (merchants, anyone?) instead of trading being its only purpose. That would indicate to me that there will be healthy growth in the future- the MP doesn't really excite me in this regard as I have said before I think the MPs will be great in the short term but in the long run all they do is make the price dependent on miners again (which is supposed to be a problem that PoS coins resolve..) , likely creating a price bubble built upon the support of these miners which can easily pop if pools go down or miners become interested in something else. Also, like Chiggins, I am waiting for it to dip below 3k again before I buy more so I don't have to fear the daily fluctuations as much. You want other people to tell you the coin is awesome in every way, but have you ever considered doing your own research? You want it to go up and have lots of infrastructure, but you want it to go down so you can more cheap coins? srs wat?Doesn't really work like that. This coins is just over 30 days old, it has no infrastructure and won't for some time. Those who got in before the coin was built up will profit exponentially more then those who waited for it to be proven safe. That's what risk is. You should read what you wrote out loud because sound like a whiny baby who has no clue what he is talking about. Wow I think you are being way more offensive than is necessary. Sorry for being careful/frugal and voicing my concerns for a coin that I support and would like to see succeed? I'm not asking for anybody to tell me this coin is awesome, I'm waiting for this coin to "tell" me how awesome this coin is. I already own a fair amount of this coin, and I have been doing my research as indicated by the legitimate concerns that I outlined in my above comment relating to the lack of merchants and the hype surrounding the MPs. Good for you that you are willing to take a huge risk, don't blame me or other people for being more careful- you should try not to turn away people with this characteristic because it is generally a positive one in that it indicates I am concerned about the long term well being of this project and not trying to just make a quick buck. You should read what you just wrote and I think you will realize you are being more of an ass than is called for. I didn't insult you, or perhaps I did indirectly by posting my concerns about the coin, but I didn't attack you directly. You are taking offense way too easily, you could have simply responded in a civil way and addressed my concerns in a constructive manner (this would be a lot more helpful) rather than attacking me personally. Hey bro. Here's a constructive response that seemed to get completely lost in this argumentative back and forth. So in the spirit of working together and not shooting ourselves in the foot with negativity, let me repeat: "Parity with Litecoin (26,772,254 coins in circulation) today would signify approx $5/BC. That's what we are heading toward. I agree re merchants and wider exposure/adoption. My production team is currently prepping to shoot a professional-grade BLACKCOIN MUSIC VIDEO which will kick absolute ass and go viral with even a little help from the community. (original announcement to the community a couple days ago, and recent update: https://bitcointalk.org/index.php?topic=469640.msg5805014#msg5805014Please spread the word and consider donating. Thanks!" Thank you for this constructive response. I like your comparison to LTC- helps put things in perspective- and the blackcoin music video is great news. |
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Buy walls are very very thin Buy walls and sell walls are both very thin, that's why this coin is so easily manipulated and the price is so volatile. I'm waiting for things to stabilize before I put any more money in, I'm looking for steady growth not pump n dumping. What more do you want? Blackcoin is up 6 times the price since the start of last week on massive volume and holding. While most altcoins including bitcoin is down. Next leg up should take us to 6k and beyond. Yeah it's still lasting well considering that it keeps going at an upward trend even after a couple of severe P&D attempts, it just bounced back. If it drops below 3k today I'll probably pick up some more, since I think the MP's influx of buys might get it to new levels, and stay there. Maybe not, but one can hope. What more do I want? Well, I would like to see some infrastructure being built for this coin (merchants, anyone?) instead of trading being its only purpose. That would indicate to me that there will be healthy growth in the future- the MP doesn't really excite me in this regard as I have said before I think the MPs will be great in the short term but in the long run all they do is make the price dependent on miners again (which is supposed to be a problem that PoS coins resolve..) , likely creating a price bubble built upon the support of these miners which can easily pop if pools go down or miners become interested in something else. Also, like Chiggins, I am waiting for it to dip below 3k again before I buy more so I don't have to fear the daily fluctuations as much. You want other people to tell you the coin is awesome in every way, but have you ever considered doing your own research? You want it to go up and have lots of infrastructure, but you want it to go down so you can more cheap coins? srs wat?Doesn't really work like that. This coins is just over 30 days old, it has no infrastructure and won't for some time. Those who got in before the coin was built up will profit exponentially more then those who waited for it to be proven safe. That's what risk is. You should read what you wrote out loud because sound like a whiny baby who has no clue what he is talking about. Wow I think you are being way more offensive than is necessary. Sorry for being careful/frugal and voicing my concerns for a coin that I support and would like to see succeed? I'm not asking for anybody to tell me this coin is awesome, I'm waiting for this coin to "tell" me how awesome this coin is. I already own a fair amount of this coin, and I have been doing my research as indicated by the legitimate concerns that I outlined in my above comment relating to the lack of merchants and the hype surrounding the MPs. Good for you that you are willing to take a huge risk, don't blame me or other people for being more careful- you should try not to turn away people with this characteristic because it is generally a positive one in that it indicates I am concerned about the long term well being of this project and not trying to just make a quick buck. You should read what you just wrote and I think you will realize you are being more of an ass than is called for. I didn't insult you, or perhaps I did indirectly by posting my concerns about the coin, but I didn't attack you directly. You are taking offense way too easily, you could have simply responded in a civil way and addressed my concerns in a constructive manner (this would be a lot more helpful) rather than attacking me personally. |
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Buy walls are very very thin Buy walls and sell walls are both very thin, that's why this coin is so easily manipulated and the price is so volatile. I'm waiting for things to stabilize before I put any more money in, I'm looking for steady growth not pump n dumping. What more do you want? Blackcoin is up 6 times the price since the start of last week on massive volume and holding. While most altcoins including bitcoin is down. Next leg up should take us to 6k and beyond. Yeah it's still lasting well considering that it keeps going at an upward trend even after a couple of severe P&D attempts, it just bounced back. If it drops below 3k today I'll probably pick up some more, since I think the MP's influx of buys might get it to new levels, and stay there. Maybe not, but one can hope. What more do I want? Well, I would like to see some infrastructure being built for this coin (merchants, anyone?) instead of trading being its only purpose. That would indicate to me that there will be healthy growth in the future- the MP doesn't really excite me in this regard as I have said before I think the MPs will be great in the short term but in the long run all they do is make the price dependent on miners again (which is supposed to be a problem that PoS coins resolve..) , likely creating a price bubble built upon the support of these miners which can easily pop if pools go down or miners become interested in something else. Also, like Chiggins, I am waiting for it to dip below 3k again before I buy more so I don't have to fear the daily fluctuations as much. |
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Buy walls are very very thin Buy walls and sell walls are both very thin, that's why this coin is so easily manipulated and the price is so volatile. I'm waiting for things to stabilize before I put any more money in, I'm looking for steady growth not pump n dumping. |
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Hmm this coin is very interesting.. I'm in!  |
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Wow three new merchants already today! This is why I believe mint has a promising future  |
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I think people need to understand what the definition of fraud or scam is.
Having unrealistic goals or having your head in the clouds about creating the next Bitcoin or turning on a whole nation into cryptocurrency isn't criminal in character, it's just being naive. Until we see the creator of AUR run off with the premine for instance, any accusation of fraud is questionable at best, having suspicions is one thing but throwing out accusations without evidence is another.
Personally to me the biggest shenanigans of all revolves around Litecoin with its massive amounts of fake volume going on in the Chinese exchanges, one exchange in particular that is owned by the BROTHER of the developer for Litecoin. Imagine if Satoshi's brother opened up an exchange and tried to sell you Bitcoin? I know it wouldn't make me comfortable. But whatever, it is obvious there is a clear schism between the "old crypto money" and the "new" crypto money and the 1st generation has hated most alts from the very beginning so I take any accusations of "scam" with a grain of salt.
Remember, Doge was called a scam and the creator was verbally assaulted and accused that he'd premined a bunch and would run off with it and crash the currency. Not only did this NOT happen, the guy even turned down 500k in venture capital money! How many of the professional trolls in btc-e who spend 8 hours a day trashing alts would have such strong hands? I bet very few.
bullshit. your posts fails to make any credible point at all. try again, scam pumper. Wow. How can you even say that? What he said has some valid points (some of what he said is fact, even) and you are just dismissing them on principle. Please refute what he just said. Has the creator of AUR ran off with the premine yet? Is the brother of Litecoin's developer not the owner of an exchange? Is DOGE a scam? Did the DOGE dev not turn down 500k venture capital? In my book, people who throw around accusations without anything to back them up are the ones who get labelled "scammers". yeah no fucking shit. this is worse than a bar that doesn't card when it comes to daily rape. ffs people are not even trying any more. where is the innovation? this is just bulls shit. you just agreed with him, and he was disagreeing with my premise. so which is it? you're either for these scams or against them. pick a side. You didn't respond to my post. Why is that? Were any of solid's points that I reiterated factually incorrect? And if I had to pick a side I would clearly be against scam coins since they in no way benefit me. Don't try to polarize things such that everybody who disagrees with something you say automatically disagrees with the idea that scamcoins are bad. You are putting a mean, arrogant face on this entire operation which I thought was supposed to be an admirable cause. It is an admirable cause, whether you feel like there is sufficient evidence or not. Word's paint pictures, they cannot change facts, only perception itself can be changed. solid is wrong in every single way, and his posts potray a childish way of thinking that is so becoming of this community. I've stated my views in this thread, though i will personally not participate in such a group, i will most certainly support it. A buffer is needed, by whatever means necessary. Whether you can accept that fact or not is an entirely different question. I eagerly await your response. I'm sure it will be chocked full of the same tireless and childish logic. It is a very admirable cause, but I doubt it will be executed or branded correctly. I sincerely hope that people can find a way to destroy scamcoins without hurting innocent bystanders and altcoins in general. Your last sentence perfectly describes your posts (at least the one's I have been reading), not mine. All you have been doing is insulting people who disagree with you without even considering the things they have to say or providing a reasonable justification for why you think they are wrong (what could be more childish?). You speak of "facts" but you have still not produced any facts that refute any of solid's points that I reiterated above, and yet you still have the gull to say that "solid is wrong in every single way". Until you are willing to reason and not simply bicker emotionally, this is my last response to you. Don't let your ego get the best of you, Sr. member. Your attitude may drive away too many people, and you may end up hurting this operation more than you help it with your "support". |
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I think people need to understand what the definition of fraud or scam is.
Having unrealistic goals or having your head in the clouds about creating the next Bitcoin or turning on a whole nation into cryptocurrency isn't criminal in character, it's just being naive. Until we see the creator of AUR run off with the premine for instance, any accusation of fraud is questionable at best, having suspicions is one thing but throwing out accusations without evidence is another.
Personally to me the biggest shenanigans of all revolves around Litecoin with its massive amounts of fake volume going on in the Chinese exchanges, one exchange in particular that is owned by the BROTHER of the developer for Litecoin. Imagine if Satoshi's brother opened up an exchange and tried to sell you Bitcoin? I know it wouldn't make me comfortable. But whatever, it is obvious there is a clear schism between the "old crypto money" and the "new" crypto money and the 1st generation has hated most alts from the very beginning so I take any accusations of "scam" with a grain of salt.
Remember, Doge was called a scam and the creator was verbally assaulted and accused that he'd premined a bunch and would run off with it and crash the currency. Not only did this NOT happen, the guy even turned down 500k in venture capital money! How many of the professional trolls in btc-e who spend 8 hours a day trashing alts would have such strong hands? I bet very few.
bullshit. your posts fails to make any credible point at all. try again, scam pumper. Wow. How can you even say that? What he said has some valid points (some of what he said is fact, even) and you are just dismissing them on principle. Please refute what he just said. Has the creator of AUR ran off with the premine yet? Is the brother of Litecoin's developer not the owner of an exchange? Is DOGE a scam? Did the DOGE dev not turn down 500k venture capital? In my book, people who throw around accusations without anything to back them up are the ones who get labelled "scammers". yeah no fucking shit. this is worse than a bar that doesn't card when it comes to daily rape. ffs people are not even trying any more. where is the innovation? this is just bulls shit. you just agreed with him, and he was disagreeing with my premise. so which is it? you're either for these scams or against them. pick a side. You didn't respond to my post. Why is that? Were any of solid's points that I reiterated factually incorrect? And if I had to pick a side I would clearly be against scam coins since they in no way benefit me. Don't try to polarize things such that everybody who disagrees with something you say automatically disagrees with the idea that scamcoins are bad. You are putting a mean, arrogant face on this entire operation which I thought was supposed to be an admirable cause. |
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I think people need to understand what the definition of fraud or scam is.
Having unrealistic goals or having your head in the clouds about creating the next Bitcoin or turning on a whole nation into cryptocurrency isn't criminal in character, it's just being naive. Until we see the creator of AUR run off with the premine for instance, any accusation of fraud is questionable at best, having suspicions is one thing but throwing out accusations without evidence is another.
Personally to me the biggest shenanigans of all revolves around Litecoin with its massive amounts of fake volume going on in the Chinese exchanges, one exchange in particular that is owned by the BROTHER of the developer for Litecoin. Imagine if Satoshi's brother opened up an exchange and tried to sell you Bitcoin? I know it wouldn't make me comfortable. But whatever, it is obvious there is a clear schism between the "old crypto money" and the "new" crypto money and the 1st generation has hated most alts from the very beginning so I take any accusations of "scam" with a grain of salt.
Remember, Doge was called a scam and the creator was verbally assaulted and accused that he'd premined a bunch and would run off with it and crash the currency. Not only did this NOT happen, the guy even turned down 500k in venture capital money! How many of the professional trolls in btc-e who spend 8 hours a day trashing alts would have such strong hands? I bet very few.
bullshit. your posts fails to make any credible point at all. try again, scam pumper. Wow. How can you even say that? What he said has some valid points (some of what he said is fact, even) and you are just dismissing them on principle. Please refute what he just said. Has the creator of AUR ran off with the premine yet? Is the brother of Litecoin's developer not the owner of an exchange? Is DOGE a scam? Did the DOGE dev not turn down 500k venture capital? In my book, people who throw around accusations without anything to back them up are the ones who get labelled "scammers". |
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I'm starting to wonder if the multipools are a good thing for PoS coins in the long run. Isn't the whole point of a PoS coin to relieve the dependence on miners and prevent energy waste due to mining? With these multipools, the price is once again dependent upon miners and the coin is going back on its claim to be environmentally friendly. It seems to me that the price will bubble due to the buy support of the multipools, but if for any reason the multipools go down or if people lose interest in them that bubble will pop. Please somebody quell my fears, I really like PoS coins and I want to see them succeed.
Well this is only because people give value to some Scrypt altcoin and therefore are able to trade this value into BCs. I could also run an offshore oil rig (not very nice to its environment) and spend the profit I make on BCs. The currency itself does not create the energy waste, but if you can create SOME value by wasting energy than you of course can trade this value to BC/gold/USD. The multipool bubble is in fact a point, once it is down a significant amount of buy support will be missing which might create a selling panic. However, we saw over last week that even without the multipool we had a steady grow so this bubble (hopefully) will only lead to a price correction, not a crash. Excellent response, makes sense, thank you! |
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BC is not secure because it is no longer a hybrid PoW/PoS coin. I don't know why anyone bothers with it.
Yeah I'm still unsure how they fixed the problems associated with pure PoS but they claim to have. People have asked on the forums but the answers are rather hand-wavy and I have yet to see anybody explain in detail how attack forks are prevented. |
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I'm starting to wonder if the multipools are a good thing for PoS coins in the long run. Isn't the whole point of a PoS coin to relieve the dependence on miners and prevent energy waste due to mining? With these multipools, the price is once again dependent upon miners and the coin is going back on its claim to be environmentally friendly. It seems to me that the price will bubble due to the buy support of the multipools, but if for any reason the multipools go down or if people lose interest in them that bubble will pop. Please somebody quell my fears, I really like PoS coins and I want to see them succeed.
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Hi people.
I told you something huge was coming. I just completed the first step.
If you are interested in participating, PM me. I will then give you my email address and from there, we'll start working.
Note I live at GMT+1, so don't expect much answers the following hours (It is 1AM for me).
Exciting |
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Is there a forum, list, or something where somebody reputable and honest will give you an educated opinion on whether or not a coin is a scam? That would be very helpful.
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thank you panic sellers. i earn more mintcoins. now i`m in richlist Just a little reminder of why richlist says the things he does  |
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This is the most depressing forum i've read since i joined here not too long ago. So, a small group of people with vested interests are going to play god and decide the fate of coins rather than letting the people decide? Uh.. Sounds similar to the government...
It's all fun and games Destroying people's investments while claiming to be doing them a service? Fun and games for the person doing the smashing, I suppose, if you are sadistic enough. I definitely understand the concern about scamcoins, I've already fallen victim to a few since I joined the crypto world (PANDA and MAZA) and I learned my lesson about IPOs and "sovereign state" coins. That hasn't discouraged me from continuing on trying to find a new coin which actually has potential, if anything it has made me smarter and better at picking out good investment. Wouldn't it make more sense to take a preventive stance towards this? Rather than destroying what innocent people have already invested in, shouldn't there be a way to prevent or at least curtail the creation of said coins before they can claim victims? Destroying a "scam" coin after people have already invested in it only hurts the victims even more (sure you take down the rotten dev but you also take down a lot of innocent people- or, what if when you destroy said coin the dev has already run away with his btc and the only people left to be burned are innocent bagholders. Seems like the chances are if it is a real scam the dev would be pretty quick to get out leaving only innocents behind, right?). Anyways, now I have an additional reason to fear for any future investments in altcoins- what if the new coin i decide to buy into next is labelled a scam coin in the near future (whether or not it is actually a "scam" because based on what I am reading here the definition of "scam" seems rather ambiguous and varies depending on who you ask and what their motives are)? Seems like the only safe thing to do is buy into established coins or ones which don't meet the prerequisites for being a scam... oh wait, I think that might be the motive of the people who are doing this... |
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This is the most depressing forum i've read since i joined here not too long ago. So, a small group of people with vested interests are going to play god and decide the fate of coins rather than letting the people decide? Uh.. Sounds similar to the government...
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ATX Silver:
all that wind to say you want to buy MINT cheap at 10 satosh?
It may get down there but it looks like it's hovering right above that point depending on how much of that 25 BTC buy wall is yours I think it will probably go up from here. Even if the dev dumped everything he had all that means is that is one more player who is out of the picture.
Happy hunting!
The fact that he is still so active and involved in the project leads me to believe he did not dump it, or at least he did not dump the majority of it. Shit, if he did dump it all but decided to stick around and work on the project anyways wouldn't that actually be the best scenario because then all those coins would be spread out AND we still have a very active dev? |
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common guys we are in this boat together, lets try to get along  if it makes anybody feel better, i am very new to cryptos and i am sure 99% of the people here have much more than me! |
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