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.
HOLD this coin!
Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!
Good stuff!  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.
No problem read the above quote. The pools hash rate is still great. |
|
|
|
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. |
|
|
|
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.
HOLD this coin!
Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!
Good stuff! Thanks for the repost. I'm about to leave but I want miners to really think about this and realize that they can hold and defeat the dumpers. Once the price increases 5x again the miners wont even need to worry. We just need them to see the light. |
|
|
|
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. |
|
|
|
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?
And what will happen in the end? As this obviously can't go forever? Yes it can. The multipool buys no matter what happens. it will go on for the rest of the year. Just like in business crypto is a competition. We should be in it to win it. If Dogecoin made then it so can we! Blackcoin can be easily branded from a top position. The devs realize this so they are doing the responsible thing and focusing on marketing. That will allow adoption. The pool is doing their job and pushing the price that allows for attention. The investors are in it because they know all of this. The coin will rebound. I want to let weak hands know that so the distribution stays level. |
|
|
|
Agreed guys. The most important thing all you pessimists are forgetting is that this coin is different. It was pumped and it was dumped yes. But unlike other coins Blackcoin cannot be mined and isn't getting constantly dumped on by multipools. We are the multipool and are constantly BUYING blackcoin automatically. The higher our hashrate the more the demand for blackcoin and higher the price will go.
Get that through your skulls people.
Downward spiral The market can stay irrational longer than you can stay solvent, price is going sub 9.000 Nobody is selling get out of here. Go fill your order with some other coin. Stop harassing weak hands. |
|
|
|
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. |
|
|
|
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.
HOLD this coin!
Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!
This reminds me of the "Occupy Wall Street" days. There were college kids and hobos in the NYC crowd who were trying to make their own "money" and telling each other (and journalists) that if they just collectively BELIEVE in it, it'll have value. And then they can pay off all their college debt and buy big suburban houses! It didn't work out.  I said nothing about belief. Why are you trolling? I simply said the miners buy up 100% of the coin in a year at this hash rate. Its math has nothing to do with belief troll. |
|
|
|
|
Yeah so if they held for one month they would have made 30x their money. If they mined litecoin they would have made 1x
|
|
|
|
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 You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price). So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them. This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position. If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market. One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions! If the price drops, they may be getting more coins but they are more likely to reach a point where another coin is more profitable *so they get a higher return by switching* That makes no sense! Its a multipool! They are not mining Blackcoin directly it cant be mined. Maybe you dont understand what is going on. Blackcoin is 100% proof of stake. No other pool can do what they do unless they copy the idea but Blackcoin was the first to do it. So the blackcoin pool mines the most profitable coin and buys itself. That will always be more profitable in the long run. |
|
|
|
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. |
|
|
|
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 You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price). So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them. This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position. If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market. One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions! |
|
|
|
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 Well I was just as upset as everyone else and I thought about it. I realized at 20K a day the miners were not able to afford a 120K-400K dump. But they will buy up that many coins in a week flat. So there is no reason to sell this coin until its near Bitcoin or Litecoin. By that time, miners can just rape all the other scrypt coins. Litecoin can literally get forked because of Blackcoin! This is a competition we should be out to win it. You will see dumps but the ones that should never dump are the miners. If the miners hold we win. |
|
|
|
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.
That is actually a very interesting scenario. Keep mining peeps. Exactly! Lets say a dumper shakes loose weak hands. Eventually he will have to dump into the hands of MINERS. All they need to do is HOLD TO WIN. Dumpers can not defeat holders here. If the price doubles or triples, the hashrate goes up anyways! Imagine if the hash rate was 10 times what it is. THEY WOULD BUY THE ORDERBOOK. Obviously they will recirculate the coins. But why would weak hands give way to them when the coins are changing hands by million dollar volume every day! |
|
|
|
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.
HOLD this coin!
Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!
Sorry for bold? Make bold italic and with 50 font size, every miner should see this, create a new thread just with this info Haha thanks. Yeah I am going to keep reposting this. Can somebody start a thread? I think this point alone proves that Blackcoin Namecoin Peercoin and Bitcoin should be the only coins people should be caring about. All scrypt mining coins will get smashed by Blackcoin. Of course, a price increase makes mining buyout more difficult but the hash rate can double. If it does they buy the supply in 6 frikkin months!!!! |
|
|
|
|
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.
HOLD this coin!
Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!
|
|
|
|
|
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.
|
|
|
|
Quick Message To The Trolls & Naysayers
For several hours there has been an influx of new naysayers and trolls coming here and posting negative comments and wishing BlackCoin would fail. However, these same naysayers & trolls remained conspicuously quiet for several days when BlackCoin was doubling in value every day. I do not know what kind of person(s) takes pleasure in the plight of others, but you have severely underestimated the will and determination of this community, and the resilience of BlackCoin. We have experienced the same "dumps" numerous times before, and each time we have come out stronger. You are forgetting last week we were trading at 7100 sat, and today we have stabilized around 30000 sat. A 322.54% gain in 7 days and a 5900% gain in 9 weeks is not death, it is a new beginning. The worst thing the whales could have ever done is give us a taste of what it feels like to be on top, and now we all want to taste that again and we will. So go ahead and mock us and post your negative comments while we continue to steamroll our way to the top spot.
We are already in the top 10. Im waiting till we are #1. |
|
|
|
Think back everyone to all the similar hype around Vertcoin, that reached dizzy heights and came crashing down. Has it recovered yet? nope it hasn't, if your a bagholder from 60k upwards then your going to be one for a very long time. No matter how much you hype this up now, your not going to create a massive rise, only whales can do that and 99.9% of you all here are not one, they have moved on to the next coin.
lol bullshit. I have talked to the other whales... only about 10 out of the top 40 dumped. Stop spreading FUD and go look at the rich list. And remember that even that list isn't really accurate. I only have 1 address in the top 40 but I have 4 in the top 200.  Ok so its not big deal a smart investor would just hold this coin until is proves the point. The point being that other coins mine right into POS. It has 10 second confirmations, resistant to 51% like peer, has a dedicated community and was evenly distributed. Plus pow coins get 20 times more dumped on the market. Want to see a REAL pump+dump? Watch what happens when Satoshi dumps his billion dollars worth. Or the winkle twins dump. Yeah they dont because a smart investor holds on to the things he believes in. And I want this coin to win. Let them off their hands... just dont let them back in. |
|
|
|
Think back everyone to all the similar hype around Vertcoin, that reached dizzy heights and came crashing down. Has it recovered yet? nope it hasn't, if your a bagholder from 60k upwards then your going to be one for a very long time. No matter how much you hype this up now, your not going to create a massive rise, only whales can do that and 99.9% of you all here are not one, they have moved on to the next coin.
lol bullshit. I have talked to the other whales... only about 10 out of the top 40 dumped. Stop spreading FUD and go look at the rich list. |
|
|
|
|
Show Posts
