Mine and hold.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
I agree with you SO MUCH, fact is we have to many kids around here behind their screen thinking they are in the wolf of wall street and can make a quick $$ supply and demand. For the kids out here, think of it as a playstation or Xbox that just came out, and is almost out of stock, you are willing to pay the double because you cannot get a hold of it. So just hold and price also follows uptrend Yeah dont forget there are little kids who stumbled into money and they dont understand what it means to hold an asset. Blackcoin is the only indirect mining coin that actually has support in their mining pool. Its so popular that other coins are trying to copy it. Litecoin had the same following. The only difference here is Blackcoin can take every penny out of litecoin! Litecoin volume is so high and its ALL for Blackcoin! Watch as this coin slowly eats every coin above it. I think people are jaded because they dont realize that the coin is eating 1% of itself a day. So in the short term it doesnt seem like much but like the other poster said... just wait for an asic mining farm. Hashrate still pumps 20K a day. There is 2 groups of people playing this coin. One group "thinks" there are whales so they collectively daytrade it. But anyone who really knows what is going on would never sell their coins based on the math. Selling this coin is like selling gold. |
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Mine and hold.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year. (consider the higher the price the more miners too)
I want everyone to read this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure. Blackcoin will surpass doge and litecoin. There are so many scrypt coins for us to crush its amazing. Keep strong hands boys. This is a holders coin.
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Notice how when the price goes up the trolls arrive
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Can the Blackcoin mining pool take a minute to fork whitecoin? As a community service.
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up up up can only go up from here... up where the clouds gonna clear
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Whats more - We have now demonstrated we can return to a positve trend after even the most catestrophic of dumps and manipulation. This time we will push to new all time highs simply because we have bounced back from the pit of hell and come out on top!
This was nothing we are top 10 and now we are headed for #1... lets rock crypto. |
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This is huge. I am SO glad I decided to hold on to my lovely Blackcoins - Fuck the haters, BC was sold not because people didnt like it but because they were greedy and wanted to buy it back cheaper. The coin is back - the trend is up and will continue to go up until people run out of BTC - once more we shall suck all the BTC out of the shitcoins and into the blackhole - People can see the potential to triple their portfolio value at least - BUY baby BUY!
A nice change of attitude, after trying yesterday (in a polite manner though) to blame somebody else for your loss. Glad to see you here once more. Yea, I was upset (understandably) - Lotta money looked gone for good - not anymore however!  Cat we all lost money but from one early hand to another lets make sure this gets over 1$ |
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This is huge. I am SO glad I decided to hold on to my lovely Blackcoins - Fuck the haters, BC was sold not because people didnt like it but because they were greedy and wanted to buy it back cheaper. The coin is back - the trend is up and will continue to go up until people run out of BTC - once more we shall suck all the BTC out of the shitcoins and into the blackhole - People can see the potential to triple their portfolio value at least - BUY baby BUY!
EXACTLY! By the way community... HOLD your coins. Do not let a dumper get you off your hand. Make them pay for letting go of their hands. We are in this to win. |
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I would love to be able to switch freely between the two using blackcoin as my savings and big purchases and dogecoin as my currency for all things digital
With bitcoin side-chains and spin-offs becoming a reality over time, many alt-coin communities will face tough choices in order to survive. I thought of a "defence" that pro-active cryptocurrency communities could employ to increase their expected life span. Here's how it would work: There seems to be a lot of support in this thread to work with the DOGE community, right? And it seems many in the DOGE community are interested in PoS due to the problems DOGE will soon encounter when all their coins have been mined. So why not merge both your blockchains? You essentially create a new network called "blackdoge" where the initial pre-mine is distributed exactly as per the sum of the DOGE and BC unspent outputs (with some agreed upon "peg" between the two currencies to account for market cap differences). People can claim their share of the pre-mine in a trustless and pseudonymous manner using the private keys they already have. This is very low risk, because for a while all three networks would run simultaneously. So if "blackdoge" fails, holders in either coin lose nothing. However, if blackdoge succeeds, you'd expect to see a collapse in the market price in BC and in DOGE and a sharp rally in Blackdoge. But in that case, people holding DOGE and BC win because they get piggybacked to the new coin for free which automatically has a larger user base. If the ecomomic majority of DOGE and BC viewed the new ledger as legitimate, then according to the Metcalfe model, Blackdoge should be up to twice as valuable as the combined value of BC and DOGE prior to the merger. Altcoin wars are here. Successfully merging blockchains with like-minded communities is the way to live to fight another day. Brilliant idea except it would cause some distruption in prices. People who are not doge fans will not go etc. It may do "more harm than good". But thats just an opinion. Miners may get confused? not sure... |
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This coin is great. Correction coming boys!
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I don't want to burst the bubble here, but i'm going to tell you that bc as a new coin that has had its pump, the price will go much lower and it won't go up like it did in a very long time. bc is going into another stage now which is proving that it can survive, this will take some months.
Whats your agenda? To buy more coins. Get out of here. Stop scaring weak hands. Hold people dont listen to these greedy pigs. |
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I have a question.
How do we know the multipool operators are not front running??
I think it would be great if the multipool is showing the buying BC transactions as they are being executed on the exchange and distributed to miners.
Ok so lets say they do. Total fud conspiracy theory bullshit without any proof. Regardlss... IT WONT MATTER. They have to pay the miners. That pressure will force the price up. 40btc a day at 70ghash = 200k coins 74 million / 200k = 370 days to buy up the whole market. Thus miners hold they defeat dumpers and "front runners"... how can you trust us govt didnt start bitcoin and they plan on diumping? You cant. Dorian worked for the govt on classified projects after all. Its an unfounded conspiracy theory. It does not change the math. 40btc a day at 70ghash = 200k coins 74 million / 200k = 370 days to buy up the whole market This does not take in to account longs and it does not factor in increase in price causing more widespread acceptance AND the devoted marketing of the creators. |
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this is totally stupid without any proof. The operators of the pool stand to gain more by just supporting the coin. Sounds like a conspiracy theory. Besides what agenda do you have starting this thread?
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Guys, the multipool buying up coins doesn't do shit for the price in the long run. There's more to the market than the supply-demand crossover point: it's called liquidity. And it'll screw you over more than any gains you get from playing games with the supply.
Of course it does. Thats why its up as hgh as it is. Long term the buying pressure will buy up the market in less than a year. 8 months at the current price. Liquidity will increase as price increases. That will also cause increase in miners since the get higher profits at the bcmultipool |
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This coin is dead, all that's left are depressed and angry bagholders and filthy rich whales. This pump is a lot like Aur and Maz pumps, huge increases over a couple hours followed by a blood bath. Let's face it, this coin is just like every other coin but on steroids.
I do salute those who held coins bought below 2k, but my guess is that same faith and strength kept most from cashing out before The Dump.
Dude you are just trying to get your order filled. Go troll someone elses thread. |
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Guys!! I just realized something very important about dumping this coin!!! Please listen.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.
I want everyone to repost this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.
I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their Miners to the bcmultipool right away! We should really tell everybody about this fact this is great i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up. You are assuming your buying action has no impact on the price. This can only happen if you defy supply and demand. Its just pure logic. The pool has to buy they have no choice. At this price they buy up 100% of the coins in a year. Simple math. Add that to community drive, good branding, fast confirmations and proof of stake. Miners just need to mine for a year and walk away from the computer. No matter what, they buy the market in a year. The price has to rise based on that alone. Blackcoin atms, coinkite and other things also make this swell. Also it being top 20 coins makes it swell upwards. There is no other choice this coin must replace litecoin. What would happen if you bought 200,000 coins on bter today (using funds from mining other coins)? With the same amount of money, would you be able to buy 200,000 coins tomorrow at the same price or would it most likely be higher? And what about the next day? Thats the point. When you buy you push the price up. The hash rate on the pool went up when the price was 4x. The only problem was people got scared. But it wont matter because there is enough miners to support a contant amount of pressure. Litecoin is down 4x from last year and it has not recovered. It never will because miners dump all over the coin every day the only thing holding it up is bagholders. They will leave Litecoin like I did once they realize proof of stake is better. When you buy you push the price up and in turn diminish your buying power unless the amounts you buy with increase at the same rate. Blackpool hashrate increase and profits would have to match the price increase of BC (1000x 2000x? I don't know) just to stand still. Otherwise, blackpool influence on the price will diminish over time. When was the first blackpool payment? I can't see a history of payments on the website. The blackcoin pool has been around for over a month. Their miners get paid. Why do you think they are there??! I would love to hear miners come in and reply to this just throw your shit out. There is truth to the buying power going down as price goes up. That is why miners need to hold!! They are investors as well they need to realize its a collective effort. Besides, a 10x increase puts us next to Litecoin. Im pretty sure that investors will take it from there. I am not calling into question if it exists or is functional, I am asking as I am not sure blackpool is a world first. But I am more interested in any features that BC will have. I will have to catch up with this thread later, can someone point me to when the first blackpool payment was made? Thanks guys It is a world first. They were the first 100% pow/pos hybrid to go to the proof of stake stage. Its the first coin ever to be mined indirectly. Its also one of the fastest coins in the world at 10 second confirmations. They are also more resilient to malleability issues which can allow for smart contracts. Bitcoin struggles with that since rawtx can be tampered with. Just like peercoin it cant be 51% attacked which is huge since Bitcoin will eventually be destroyed by "selfish miner" and 51% attacks. People dont understand how serious 51% attacks are. Quantum computing will end Bitcoin. It will not be able to end Blackcoin or Peercoin. We should get the crypto commmunity prepared for that. So while there are miners we should have them mine this coin indirectly so they are (A) Happy and (B) in the right coin. POS > POW. Thats the point. If the 25th March was the earliest Blackpool payment, I know of another POS multipool that was active and whose first payment was earlier. Do you mean 10 ten seconds for confirmations? Can you provide th elink to the discussion on Smart contracts? This is very interesting to me. I think you mean POW > POS. There is not a discussion about smart contracts because people think they are impossible because of txmaleability (alice can change the txid by altering the sighash slightly thus making future contracts void)... early discussions about blackcoin said there were some recent patches applied. Multisig accounts 10 second confirmations and those patches help greatly. How do I know this? Because I am working on software for bitcoin its sort of secret but I will be sure to mention blackcoin when I finish. https://cryptocointalk.com/topic/6156-blackcoin-bc-information/The thread above mentions the patches. I have not checked the source but Soekip and I need to talk after I finish my bitcoin programs. Blackcoin can be better than bitcoin based on that alone. I mean Proof of Stake is better than proof of Work. Proof of work is vulnerable to 51% attack so one day Bitcoin will fail. Its just logic. Quantum computers and light processors are not that far out. They can easily double spend Bitcoins. I dont mean to get all technical but this is just a fact. People should really read my posts to understand better. My program for bitcoin will definitely refer to this thread. Are you saying smart contracts are possible in blackcoin? Are they implemented? Any discussion on the multisig gateways? Shame about the other world firsts though. Yeah they are definitely. They are possible in bitcoin too but i am not going to reveal that here. There is a few drawbacks in Bitcoin that I think other coins can mitiagate better. I wanted to see the source and better understand the patches of tx sighash maleability. Stay posted and I will release my beta software in a few weeks. I have been mentioning it on this thread I will start one of my own. I want the blackcoin community to be the first to know because I am a supporter. I used to be in Litecoin and switched to dark/black. My software will definitely change crypto. It will cause a whole new paradigm. |
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Whailes decide the pump not multipool..u cant fight against them ..they will pump it again but onlu they know when ..probablu will wait that price fell little more
Thats only true short term. Long term miners will buy the network if they hold less than one year at the current hash rate. if the price cuts lower they will buy half the network in 3 months regardless of dumps or fud right, kind odd to see the hypocrisy of the miners that dropped from the pool. Blackcoin goes up >> better get blackcoin the slowest way possible by mining scrypt while blackcoin is the highest it has ever been. Blackcoin goes down >> I could get 3-5x more blackcoin then before, disregard all the blackcoin you just wanted hours before. Well guess what miners, if you want blackcoin, you better mine what you can at these low levels. but you wont and all we will here once blackcoin goes up is how little blackcoin you are getting per day. so short sighted. seriously goldfish memories here Its insanely frustrating. I could have cashed too but I wanted to support miners as an investor and support the coin. I have been in since it started. Regardless, the miners can buy up the entire coin at this hash rate in less than a year. Dumpers cant stop them from doing that unless they hoard coins and that would make them holders. |
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Whailes decide the pump not multipool..u cant fight against them ..they will pump it again but onlu they know when ..probablu will wait that price fell little more
Thats only true short term. Long term miners will buy the network if they hold less than one year at the current hash rate. if the price cuts lower they will buy half the network in 3 months regardless of dumps or fud |
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Guys!! I just realized something very important about dumping this coin!!! Please listen.
PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.
So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.
I want everyone to repost this so that it really sinks in.
Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.
I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their Miners to the bcmultipool right away! We should really tell everybody about this fact this is great i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up. You are assuming your buying action has no impact on the price. This can only happen if you defy supply and demand. Its just pure logic. The pool has to buy they have no choice. At this price they buy up 100% of the coins in a year. Simple math. Add that to community drive, good branding, fast confirmations and proof of stake. Miners just need to mine for a year and walk away from the computer. No matter what, they buy the market in a year. The price has to rise based on that alone. Blackcoin atms, coinkite and other things also make this swell. Also it being top 20 coins makes it swell upwards. There is no other choice this coin must replace litecoin. What would happen if you bought 200,000 coins on bter today (using funds from mining other coins)? With the same amount of money, would you be able to buy 200,000 coins tomorrow at the same price or would it most likely be higher? And what about the next day? Thats the point. When you buy you push the price up. The hash rate on the pool went up when the price was 4x. The only problem was people got scared. But it wont matter because there is enough miners to support a contant amount of pressure. Litecoin is down 4x from last year and it has not recovered. It never will because miners dump all over the coin every day the only thing holding it up is bagholders. They will leave Litecoin like I did once they realize proof of stake is better. When you buy you push the price up and in turn diminish your buying power unless the amounts you buy with increase at the same rate. Blackpool hashrate increase and profits would have to match the price increase of BC (1000x 2000x? I don't know) just to stand still. Otherwise, blackpool influence on the price will diminish over time. When was the first blackpool payment? I can't see a history of payments on the website. The blackcoin pool has been around for over a month. Their miners get paid. Why do you think they are there??! I would love to hear miners come in and reply to this just throw your shit out. There is truth to the buying power going down as price goes up. That is why miners need to hold!! They are investors as well they need to realize its a collective effort. Besides, a 10x increase puts us next to Litecoin. Im pretty sure that investors will take it from there. I am not calling into question if it exists or is functional, I am asking as I am not sure blackpool is a world first. But I am more interested in any features that BC will have. I will have to catch up with this thread later, can someone point me to when the first blackpool payment was made? Thanks guys It is a world first. They were the first 100% pow/pos hybrid to go to the proof of stake stage. Its the first coin ever to be mined indirectly. Its also one of the fastest coins in the world at 10 second confirmations. They are also more resilient to malleability issues which can allow for smart contracts. Bitcoin struggles with that since rawtx can be tampered with. Just like peercoin it cant be 51% attacked which is huge since Bitcoin will eventually be destroyed by "selfish miner" and 51% attacks. People dont understand how serious 51% attacks are. Quantum computing will end Bitcoin. It will not be able to end Blackcoin or Peercoin. We should get the crypto commmunity prepared for that. So while there are miners we should have them mine this coin indirectly so they are (A) Happy and (B) in the right coin. POS > POW. Thats the point. If the 25th March was the earliest Blackpool payment, I know of another POS multipool that was active and whose first payment was earlier. Do you mean 10 ten seconds for confirmations? Can you provide th elink to the discussion on Smart contracts? This is very interesting to me. I think you mean POW > POS. There is not a discussion about smart contracts because people think they are impossible because of txmaleability (alice can change the txid by altering the sighash slightly thus making future contracts void)... early discussions about blackcoin said there were some recent patches applied. Multisig accounts 10 second confirmations and those patches help greatly. How do I know this? Because I am working on software for bitcoin its sort of secret but I will be sure to mention blackcoin when I finish. https://cryptocointalk.com/topic/6156-blackcoin-bc-information/The thread above mentions the patches. I have not checked the source but Soekip and I need to talk after I finish my bitcoin programs. Blackcoin can be better than bitcoin based on that alone. I mean Proof of Stake is better than proof of Work. Proof of work is vulnerable to 51% attack so one day Bitcoin will fail. Its just logic. Quantum computers and light processors are not that far out. They can easily double spend Bitcoins. I dont mean to get all technical but this is just a fact. People should really read my posts to understand better. My program for bitcoin will definitely refer to this thread. |
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I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.
Coming from a newbie you have quit the experience. Can you please give us a few examples of coins you have witnessed doing this? Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one. Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy? Ok the wisdom is the multipool brings in 40BTC a day. That pressure gives investors like me confidence and it also creates pressure on btc ltc doge. I invested very early and I think it is insane to sell at this price. The people who sell clearly do not understand why its where it is in the first place. POS > POW |
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