This is one ride. I realize people are trying to get their profits now, but they do not realize USA is not up yet. When USA wakes up BC MIGHT go to 17000 today because there is very little resistance.
what is new today to make this rise in price? we smashed 10k barrier on Mintpal  hope will stay up oh we will. There will be some dumps here and there but we'll be right back up.  fu**k they sell 9.63183412 2014-04-12 09:21:29 SELL 0.00012450 77364.12952072 9.63183412 There is no reason to sell this coin ever. People who sell are just going to get punished when the multipool buys it back. |
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my question is, who are the morons who sell now?? I mean, because there is no buy wall they sell quick and throw up a lame sell wall. They stand to lose much more money that way. Simply because once the pool throws its $8000 a day into the coin it rips through their lame attempts to suppress the price. When will they learn that nobody needs to sell BC ever? Let it go to 20 dollars. Damn let it go to 100 dollars. Who cares? It can't be stopped anyway.
On ANOTHER note, I saw that miners mining btc were having a harder time due to competition. The solution to any miner with old equiptment is the throw it at blackcoin. Why? Because it can benefit from the hashpower. Then a miner can just invest in the coin directly by buying it. Enough miners do that and this pool becomes the most popular in the world. Its becoming more of a reality every day!
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When we blast through the 10 wall the fools selling will scramble to get back in. HOLD your coins boys! They are afraid of not being able to manipulate this market!!!!
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Doge has massive inflation right now, that's why it is dropping
That may be to some extent but its price profile follows that of just about every other coin that's been launched in the last 4 months. Most people who invest in alt coins these days don't do so as a long term hold. Alt coins are a liquidity proxy for bitcoin. Sure people are interested in 'features' but only so they can discern which ones are likely to be more competitive in the short term, not the long term, because they've no interest in holding them long term. I don't think people realise what a loosing game it is trying to imagine that anything's going to "replace" bitcoin. There's been a flotilla of alt coins of every shape, size, algo, marketing theme - you name it. Not one of them has even put a dent in Bitcoin. Maybe Litecoin made a scratch but even that can't even get really get remotely near it. People buy alts to get more Bitcoin - for no other serious reason. Towards the end of this year, the final nail in the coffin for bitcoin contenders will appear when the Bitcoin ETFs start to come on the scene, such as the Winklevosse's one. It takes years to get an ETF through all the regulatory red tape and onto a stockmarket listing. You've no idea how far ahead Bitcoin is in so many areas regarding so called 'network effect'. Not to mention the reputation for integrity it's going to have after shaking off all the Gox FUD legacy and associated attempts by the mainstream press to kill it off. You think a $300,000 supernova marketing campaign's a match for any of that ? It's mickey mouse territory. It does not need to replace Bitcoin. Bitcoin will suffer from the bottleneck effet. And alts will always have a market. It is more realistic to think Blackcoin will have a 100 million dollar market cap than it is to think bitcoin will have a 100 billion dollar market cap. This coin still has lots of room to grow. Bitcoin is slow, they have a maleability problem that effects its ability to do smart contracts and its proof of work which is good and bad depending on how you see it. There needs to be a proof of stake coin to carry the torch but peercoin is not doing anything. They are not marketing or updating or nothing. Blackcoin is aggressively working on their coins future and that is what will make it a success. Litecoin is no big deal anymore either its still slower, shares a lot of bitcoins defects and alts have improved on it. So far Blackcoin is the best midterm coin because miners support investors by being invested themselves. If the Blackcoin pool has 10 times the hashrate then this coin will be very hard to stop. |
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The other reason the coin drops sometimes is obvious. A few guys dump their coins once they see support and throw up a few walls. Other people see that wall and get scared and dump faster than the multipool can buy. This can be calclulated by the pools hashrate and the small walls. These walls will get bigger the more the price goes up. In order for community members to punish dumpers you have to simply let the multipool slowly chip away at their walls. Let it drive them away. Since the bigger walls are always fake, the second the pool eats it the dumpers will have to remove the wall and then they lose money. Its easy. They may profit now, but in a few months they will get punished by that move. Also, the pool tightens supply by a million dollars of BC a year(thats a LOT!). And that will increase respectively. Decreased supply increased demand.
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I'm not sure why people are complaining. The coin is clearly higher than it was before. Mining a different coin manually and buying bc directly removes the community aspect. So why go solo? If you are a miner support the pool because people can see the hashrate and the higher the hashrate the more others will see it and be forced to invest or join. Mining solo and nobody can measure the hashrate you are no different from a pumper. If you make more btc that way its stupid because you lose more btc in the long run. The multipool is a community and the bigger it gets, the more unstoppable it becomes. The hashrate is triple what it was before and once its 10X what it is no coin will be able to touch BC. Even an investor pumping the market can generate interest in the multipool if he doesnt sell. This coin is a success so far and anyone selling is just going to get burned one day when the price goes up into their sell or be eaten by others. Its higher than last week in a down market. The price will go up every month. This coin is a longterm investment. It will eventually be at a dollar. Just based on its limited supply along and that its being collectively mined indirectly. Its a great coin. The "daytraders" here are not really community members since they are missing the point entirely. So they make up an insignifigant percentage of holders let them chew each other up. They are the ones selling after black friday out of fear uncertainty and doubt and they did not do much to the price only 10% of the people here are daytrading. They wont matter in the end. Genuine investors need to support miners the same way. Im a big investor in this coin and have refused all tempations to sell on intervals despite knowing I can pick up a few btc. There is nothing to fear this coin will keep going up steady.
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HAHAHAHAAHA YES! Hold on to you hats boys we are going for a ride!! UP UP UP WE GOOOO! Look at the hashrate on the pool now THATS what I'm talking about.
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I think the huge sell wall is simply a desire by one/some investors to push the price down to the point where they can acquire even more BC... naturally with the eventual purpose of then dumping those coins when they've appreciated enough. If I hadn't just finished off my BTC stack investing (to HOLD) BC the day before yesterday... I'd throw a 10BTC buy into that wall and I bet it would get pulled almost instantly and reappear later.  Of course these idiots would not be able to do that if the pools hashrate went up. If the pool gets 3 times more popular then bye bye sell walls. I hope those guys get punished and someone eats the 25 btc |
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Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  I based my math on 100 not 500, but yea 1000% is still excellent! Can you imagine if BC value increased 1000% every month? It should, and could if all of us just held our coins. What I Don't think many people understand is that the multi-pool will buy the coins no matter what the price is. If the coins are 5,000 sats it will buy them, or 20,0000 sats it will buy them pushing the price up further. The only possible way the price could be low, or not always climbing slowly and steadily is if people dump coins on market 'faster' than the multi-pool can buy them up. It goes like this, Person A, reads fake news article from China about BTC and BTC price drops Person A panics and sells 20btc worth of BC at market ($400 profit) BC price goes down Multi-pool buys 10btc worth of BC at market price goes up. Person B see's BC price down from 3 hours ago and decides to sell 10btc worth of BC "before its too late to dump" ($700 profit) Multi-pool buys 10btc worth of BC at market price goes up, (but still not as high as before first seller, because multi-pool needs more time to generate 10 more bTC) So what we have is Person A and Person B, both decide to dump BC and take profit ($400 and $700) This cause BC price to drop 7% for the day (over 24hr) Because they are 'panic dumping' BC faster than the pool can buy the price goes down for the day. If Person A and Person B realized that BC has a multi-pool that will always push the price upwards if no one sells lower they would have not sold coins to take small profit. Instead the Multipool would have bought 20 BTC worth of BC at market and he price would be much higher. Now Person A and Person B would both have $900 and $1700 worth of BC instead of much less in BTC (which has been dropping) If Everyone held like Person A and Person B and BC became worth 150,000 SATs, Then you can sell very small amount and take massive BTC. And you could give someone new a chance to have some BC. Black coin is the first coin that puts us in total control of its value. There are no miners to dump at market and lower the price, and there is no high inflation to debase the value. Black coin does not even require new people everyday to buy at market to keep price stable. If the pool has *any hashrate* the price will climb always. Always! You have just made a GREAT point. For example people think the multipool buying 3000 USD a day is nothing but what they do not consider is the decreased supply! The miners should just hold their coins and if the price drops too low, they get more coins for their money! Thus a dumper is only going to help miners increase their holdings and thus supply goes down and price goes up (eventually) so the multipool buys up 100,000 dollars a month which is not bad. And considering the market cap, that is actually very signifigant Im shocked the price isnt higher! |
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Dude dont even think about dumping BC... its not even close to what it needs to be. I am one of the biggest holders of BC I won't reveal how much I'm holding but trust me, you dont want me to unload/daytrade my coins. And these dumps are really pissing me off. Dont daytrade this coin, you would be a fool to do that. Yeah anyone can see the hashrate and such and I'm sure you can pick up a little bit in the SHORT TERM, but you need to let the multipool become the worlds most popular pool. If this multipool gets beyond what it is now then any dump would be like throwing away gold. I hope you get burned by daytrading this coin honestly. It sounds like you wish you were a minifontass.
Don't get aggressive mate, I haven't sold anything today - and by daytrade we're talking under 10,000 BC volume per day and only via staggered small sell walls not dumping into buy walls, the rest is just buying. Sorry but trading is why our volume is so high and why our coin has the price it does, if you don't want to do it that's fine but don't be nasty to the majority who do. To your other suggestion no, I don't wish to be like anyone, those guys deliberately scam others in order to dump their coins at an inflated rate - I only wish to keep a constant buy pressure on this coin and this coin alone so my holdings will increase in value over time - that's it I get just as annoyed at the dumpers of BC as you do EDIT: However, I can see from reading my original post again that it could be interpreted as someone who is trying to be like those scammers - I want to assure people that is not the case. I want BC to rise in price, that's all. As a gesture of good faith I will remove that post so people don't become misled as to my intentions, and I will not post any thing on any thread or forum from this moment on that could influence price either way up or down. I understand that revealing such information could scare people into selling or buying and I don't want this to happen. Hope that clears things up a bit From all the lying and manipulating you've done in the past I can't believe you. You could easily just use another account right? I'm sorry but you aren't being honest. I wouldn't trust a word you say I can assure you I am being sincere here, but that is fine - there won't be any more posts from me relating to price or market action or anything that could cause a spike in either direction, that's something you can check on as you wish from this point forward, you have my word. Yes I have said things that were not responsible in attempt to profit - we all have at some point, all I can say is I can see it's not good for the coin or the community and such things will not be said in future. That's all I can do friend, can't change what has been said but I can make a declaration that things will not be said again and stick to it. I would not create another account to do such things - I think you're being a bit harsh there, I've said things I shouldn't have in the past but that's a bit unfair. Not trying to be aggressive. Its just that money makes people do weird things. And I see a lot of people treating BC like other coins. Our goal as a community should be to hold and allow the multipool to push the price. New investors will come and see what the pool is doing. If you believe in the coin just promote the multipool. Get lots of miners into it. Last thing you want to do as an investor is to destroy the faith the miners are putting in the coin. No miner, no BC. It may seem ironic since its already been mined, but the idea of bringing miners and investors together for a common goal is not going on at any other coin. Thats why I'm one of the biggest holders. And I was just being honest, you dont want me or any others to pump+dump 500K+ coins a day on this coin that would stagnate its growth. Lets allow the price to swell and spend our free time getting miners to mine this coin. I would mine it, but Im not a miner I just invest. I am also doing developement. I can do commercial production as well. From what I have seen, the multipool should bring in about 2-3 thousand dollars a day. Currently thats not bad its not great. Now if you can get that number up, this coin is going to FLY AWAY! This is not a daytraders coin, its a black hole. But in order for it to build the momentum, it needs people to promote the multipool and get that pool up over 20K dollars a day. If that happens, Blackcoin will be a serious threat to Litecoin and Dogecoin and it will probably crush the other alts. The miners need to be aware of what this coin can do. I like DRK as well but I would rather see BC go to a dollar. If this goes to a dollar then only way we want it to get their is by miners NOT investors! So the miners have to be the ones to do it. If the miners push this coin then it seriously can't be stopped. Daytrading now is the only thing stopping that from happening. Its short term greed and I really hope anyone who tries to daytrade gets burned once the ship takes off. Why am I saying all this? Because if I was a bull I would have been trapped already. I could have easily sold at 00009 I saw it, I knew the hashrate of pool was not driving the price and I held. Yes, I walked away from profit because I would have rather seen the pool increase the number of MINERS than to drop the price. At the time, I believe I could have dropped the price all the way down to 00005 if I wanted to. So PLEASE get miners into that pool. Lets push the devs to really understand that point. The coin should be marketed to miners not investors. I may sell once this coin is 10 times what it is now but if the pools hashrate is too high, I may even hold longer than that! I may wait for 1-2 dollars which is not unrealistic. Let's all be honest here the multipool doesn't really have any effect on price. It's just good old fashioned price manipulation Did you read my comment? I calculated the hash rate. I said its about 2-3K USD. Dont underestimate that confidence it can give investors. I highly doubt Mintpal is honest about their volume either. I read the charts and 2-3K still moves the price and if it drops that will be more significant for the bulls. Now think about it this way: If this coin gets marketed heavily to miners, then that hashrate will go up and if it does, investors and other coins beware, since it will be a pump that cant be stopped. |
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Dude dont even think about dumping BC... its not even close to what it needs to be. I am one of the biggest holders of BC I won't reveal how much I'm holding but trust me, you dont want me to unload/daytrade my coins. And these dumps are really pissing me off. Dont daytrade this coin, you would be a fool to do that. Yeah anyone can see the hashrate and such and I'm sure you can pick up a little bit in the SHORT TERM, but you need to let the multipool become the worlds most popular pool. If this multipool gets beyond what it is now then any dump would be like throwing away gold. I hope you get burned by daytrading this coin honestly. It sounds like you wish you were a minifontass.
Don't get aggressive mate, I haven't sold anything today - and by daytrade we're talking under 10,000 BC volume per day and only via staggered small sell walls not dumping into buy walls, the rest is just buying. Sorry but trading is why our volume is so high and why our coin has the price it does, if you don't want to do it that's fine but don't be nasty to the majority who do. To your other suggestion no, I don't wish to be like anyone, those guys deliberately scam others in order to dump their coins at an inflated rate - I only wish to keep a constant buy pressure on this coin and this coin alone so my holdings will increase in value over time - that's it I get just as annoyed at the dumpers of BC as you do EDIT: However, I can see from reading my original post again that it could be interpreted as someone who is trying to be like those scammers - I want to assure people that is not the case. I want BC to rise in price, that's all. As a gesture of good faith I will remove that post so people don't become misled as to my intentions, and I will not post any thing on any thread or forum from this moment on that could influence price either way up or down. I understand that revealing such information could scare people into selling or buying and I don't want this to happen. Hope that clears things up a bit From all the lying and manipulating you've done in the past I can't believe you. You could easily just use another account right? I'm sorry but you aren't being honest. I wouldn't trust a word you say I can assure you I am being sincere here, but that is fine - there won't be any more posts from me relating to price or market action or anything that could cause a spike in either direction, that's something you can check on as you wish from this point forward, you have my word. Yes I have said things that were not responsible in attempt to profit - we all have at some point, all I can say is I can see it's not good for the coin or the community and such things will not be said in future. That's all I can do friend, can't change what has been said but I can make a declaration that things will not be said again and stick to it. I would not create another account to do such things - I think you're being a bit harsh there, I've said things I shouldn't have in the past but that's a bit unfair. Not trying to be aggressive. Its just that money makes people do weird things. And I see a lot of people treating BC like other coins. Our goal as a community should be to hold and allow the multipool to push the price. New investors will come and see what the pool is doing. If you believe in the coin just promote the multipool. Get lots of miners into it. Last thing you want to do as an investor is to destroy the faith the miners are putting in the coin. No miner, no BC. It may seem ironic since its already been mined, but the idea of bringing miners and investors together for a common goal is not going on at any other coin. Thats why I'm one of the biggest holders. And I was just being honest, you dont want me or any others to pump+dump 500K+ coins a day on this coin that would stagnate its growth. Lets allow the price to swell and spend our free time getting miners to mine this coin. I would mine it, but Im not a miner I just invest. I am also doing developement. I can do commercial production as well. From what I have seen, the multipool should bring in about 2-3 thousand dollars a day. Currently thats not bad its not great. Now if you can get that number up, this coin is going to FLY AWAY! This is not a daytraders coin, its a black hole. But in order for it to build the momentum, it needs people to promote the multipool and get that pool up over 20K dollars a day. If that happens, Blackcoin will be a serious threat to Litecoin and Dogecoin and it will probably crush the other alts. The miners need to be aware of what this coin can do. I like DRK as well but I would rather see BC go to a dollar. If this goes to a dollar then only way we want it to get their is by miners NOT investors! So the miners have to be the ones to do it. If the miners push this coin then it seriously can't be stopped. Daytrading now is the only thing stopping that from happening. Its short term greed and I really hope anyone who tries to daytrade gets burned once the ship takes off. Why am I saying all this? Because if I was a bull I would have been trapped already. I could have easily sold at 00009 I saw it, I knew the hashrate of pool was not driving the price and I held. Yes, I walked away from profit because I would have rather seen the pool increase the number of MINERS than to drop the price. At the time, I believe I could have dropped the price all the way down to 00005 if I wanted to. So PLEASE get miners into that pool. Lets push the devs to really understand that point. The coin should be marketed to miners not investors. I may sell once this coin is 10 times what it is now but if the pools hashrate is too high, I may even hold longer than that! I may wait for 1-2 dollars which is not unrealistic. |
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Just woke up - Glad we are stable above 5000 again! Well done to those who have held throughout the panic. I am glad my sell walls haven't been touched, shows we have all got a bit of backbone I will continue to purchase blackcoin under the sell wall at 5661 over the next few hours, like I said earlier, If you do want to sell - no worries! - but please do so by placing a sell wall that can be bought up as opposed to panic-ridden dumping into the buy walls - It may take a few minutes for people to see it and act but it will be bought up and we all win EDIT: Whoever is placing the stupid 2.5 BC orders in order to try and drop the price, don't waste your time, people aren't that stupid - the stupid ones were weeded out at 3900, your target market has moved on Good to have you aboard, cap'n, hope you're in it for the long term- along with the 6600 buy wall investor I am indeed! Like I said earlier the MINT pump was just 3 of us who knocked down the 16,17 and 18 walls - others kept it going to its target of 21 far better than we expected, it stayed pump for a nearly 24 hours after we dumped! haha. 25% on total portfolio value of all 3 of us was made that day - all of it has been reinvested in Blackcoin either through buying us up from 3900 to 5500 yesterday (that was mainly my BTC on the line there spent half of it in 15 minutes, around 9 BTC of it lol) and stabilizing above 5000 where possible. I want to make clear that I for one will not be dumping my BC on anyone, I do day trade with a portion of it but 100% of the proceeds go back into Blackcoin. I have absolute confidence in the Multipool and the community here - the projects are fantastic, even MINT followers have been trying to copy the VISA/Mastercard reward card idea haha I am and will continue to do my best to slowly keep the price of BC going up - but I need your help! I cannot fight against those with dozens of bitcoin who are indifferent towards the future of the coin alone, together, if we mutually trust each other not to dump we can continue to restore confidence in our coin. What I will do is keep the community informed of where my BTC support is placed and where I will buy up to over X number of hours. I saw how the fake buys and sells caused panic, it pissed me off too (as you could tell), I believe if we stick together this coin will go sky high. You can consider me officially back in black Dude dont even think about dumping BC... its not even close to what it needs to be. I am one of the biggest holders of BC I won't reveal how much I'm holding but trust me, you dont want me to unload/daytrade my coins. And these dumps are really pissing me off. Dont daytrade this coin, you would be a fool to do that. Yeah anyone can see the hashrate and such and I'm sure you can pick up a little bit in the SHORT TERM, but you need to let the multipool become the worlds most popular pool. If this multipool gets beyond what it is now then any dump would be like throwing away gold. I hope you get burned by daytrading this coin honestly. It sounds like you wish you were a minifontass. |
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with the multipool we are able to suck out the other coins and increase the value of BC with it. What does stop other coins from doing the same? If the multipool isnt taking off then we can be catched-up by other multipools?
This can not be done with other coins because all other coins are being mined they are proof of work. Its only possible with proof of stake. Blackcoin cant be mined so its immune to dumping. Its the first true 100% proof of stake! It can be used to prove the point that mining is a waste of power and time. Blackcoin is faster, and POS is better. Peercoin has no community. Thats the problem. So other coins can try to mine other coins to buy their own but that would drop the difficulty of their own coin. If their difficulty drops, they would have to mine their own coins again. Thus, it detracts from the intended deflationary nature of their coins!!!! People do not realize that Blackcoin is the only coin that can win the war because they can use the mining power to buy itself which is limited in supply! I have no idea why this coin is not at least 10 times what it is now. Any miner who does not mine this coin is insane. Every miner should move in on Blackcoin. |
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By the way, im seriously thinking of making a commercial for the blackcoin multipool. I want to show a black hole eating all the other coins. I know people talk about the
other perks of the coin but the real shining quality is the multipool. Other coins are stupid because miners dump coins on the market. Blackcoin is the only truly deflationary
coin. If it gets even more miners. Any objections? I used to work in commercial production. So I should be able to make a decent commercial. If a dev is reading feel free to respond.
Blackcoin benefits miners and investors. If the multipool is big enough then nobody not even a millionaire can stop its growth! True its a "pump" but so are most coins.
Since blackcoin has advantages over all of the alts except for maybe darkcoin, there is no reason for other alts to eat as much of the market as they do.
Although, this coin may make for some really disgusting dumps and pumps. But its limited supply should allow for much larger increases in value.
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WHAT IS THIS BULLSHIT??? Get out of here with mintcoin! Go shoot yourself! Is there a mod to this thread? We should spam their stupid thread with blackcoin.
And by the way, stop selling blackcoin you fools!!! We can make 100 times more if we just let the price go up. There is no reason to sell it.
By the way, can we get more miners in the multipool? If there are more miners then everyone willl get burned. Are the devs promoting the multipool?
PROMOTE THE MULTIPOOL. IT IS THE BEST CHANCE FOR BC TO RISE.
Anyone reading this thread go out and tell all the miners about the multipool! Its a 500 mh i think we need to see 5000 or even 10,000 that would make everyone
forget about bitcoin and litecoin and buy the heck out of this coin. If these mint retards are gonna spam, then we should spam the multipool on every bitcoin thread.
People have no idea how awesome the multipool is. It sucks value out of other coins. There is no reason to sell blackcoin ever.
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This message goes out to the fool that keeps dumping Blackcoin during the China thing and rebuying:
Stop doing it... you are a greedy fool and you will make more money if you just WAIT for the pool to push the price up.
If you wanna do crap like that go do it with Litecoin they are the pump+dump coin and they have the volume to support it.
The higher the price, the more people will notice the blackcoin multipool and the more money you make. So if you just be patient you will be make 10 times more money.
If you dont wait then the pools hashrate will probably go down and that could really screw up everyones chance of making money including yours.
So this goes out to everyone: Stop dumping your coins if bitcoin falls then everyone including you will lose money since the volume is not there to support it yet
The 500k volume is an exaggeration since sell orders of a large size can still significantly impact the price.
This is a very dangerous time to be dumping with these china rumors and if you keep doing it and the bottom falls out you wont be able to get your money out without significant loss. Just let the price build... the volume is not here yet to support a massive 100K+ dump on the market. If you keep selling and a big holder dumps the volume is not there yet to support it. So WAIT. The longer we all wait the better.
Consider how much money you will make if you just HOLD. This coin does not need to be dumped since the multipool will bring the price up for you. The more you wait, the more we all make because the more investors notice it and get involved. Please have some common sense and really think this through.
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Thats not the point. Blackcoin was the first pool to do that. If you mine solo and buy the coin then you take away the buy support investors are counting on! Its not for lazy people its a coordinated harmonious pump. You have to give them a minute to get everything right. I am sure the devs are not going to be greedy. It makes no sense for the devs to screw this up because their coins success is tied to the brilliant multipool. The devs need to know that they should maximize profits for miners. If they dont give as much as possible to miners this wont work. I have seen a couple other complaints and I am guessing its because they are in the BETA phase. So the devs need to pay attention to buy times and distribute the profits based on hash of course. Make sure that you do good accounting! That is key! Once the devs get stats live everything will be transparent which I am sure they want this to be 100% transparent.
As an investor, my message to the devs is, pay attention to threads like this. When in beta, people can get all kinds of misconceptions and it sounds like you guys have had a very difficult week (radio, cryptorush, low pay on multipool). The last thing you guys want is an image problem. I recommend you guys put pay attention to details and even though the miners can complain and you will get your fair share of FUD, your ultimate goal should be to make miners want to switch out of their pools and go here. This means, that mining here has to be more profitable than any other coin. I believe it can be as long as you pay them as much as possible. You need 100% transparency. An entire community is counting on you to rid the world of stupid crapcoins pump and dump and fud.
A coin where multipools support the investors is the perfect fusion of investing, pumping, mining, pow and pos! Dont screw it up! You guys have to nail every detail.
Basically your coins success counts on the success of the mining pool. Good luck and keep up the hard work!
And miners, stay loyal to this coins multipool it will be the smartest thing you ever do. Dont badmouth the coin yet its way too early to do that. Its selfish and childish to do that and there are many miners that are patient and want to see the coin succeed. Everyone stands to make amazing amounts of money if this works.
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flinchy, you should let the devs at the pool know about that. They need as much feedback as possible in their beta phase they need to know that the success of this coin hinges on these pools. We just need to be patient. The multipool is brilliant and can change crypto. As a community we need to make sure they do it right. I think they should just mine Litecoin and Doge for now since those coins have lots of volume and pay pretty well. We need to get as many miners as possible educated about the multipools. This is clearly a superior and much more profitable way to mine once the beta phase is over.
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To reiterate: Other coins cannot do what Blackcoin is doing because they are actively being mined themselves. So any increase in value (with ghostcoin for example) will cause
an immediate dump from miners who mine it directly. Other coins cant do what they are doing. Also, the miners wont mine with another coin because they will support the most popular originator of the Black Hole mining pool!!
If you are a miner reading this: Mine this coin!! Just do it. And get your friends to mine it. You will not regret it. Instead of dumping coins on coins that already get dumped on (including bitcoin)... instead pump the coin you mine.
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The pessimism here is totally uncalled for. First of all, Blackcoin has resisted any major dump since the multipool and has seen increases on days when every other coin in the market was down.
Second of all, Blackcoin pool is nothing like buying bitcoin with shitcoins because bitcoin is mined all over the world miners constantly dump new coins on the bitcoin market!!!
Millions of dollars a day are dumped on Bitcoin. Imagined if only 2% of those miners were mining/pumping Blackcoin.
BLACKCOIN has already been mined thus, making it rare. It makes it impossible for miners to dump new coins on the market! So regardless of your feelings on the subject all this needs to do to make a profit is simply for the pool to continue its course. Its already popular, it forces volume (.5 million a day) just to keep it down and that wont last once more miners join the pool.
Other coins cannot do what blackcoin is doing because they have not finished their mining process so the money is constantly dumped on them. Also GPU miners will want
a way to compete with ASICs and therefore they may look to the Blackcoin multipool since it leverages their old video cards.
In theory, Proof of Stake is superior to Proof of Work and Blackcoin is like peercoin but it has a superior community. It also has this genius multipool.
For the people who think its lazy its not at all!! Why dont people buy altcoins directly? Out of fear that there will be a dump. But Blackcoin is a CONTINUOUS COORDINATED PUMP!!
So who cares exactly what time each coin was bought... your Blackcoins are worth more than they were before. This raises the perceived value and will eventually compete with other coins.
Remember, EVERYONE IN THE POOL PUMPS THE COIN. No other coin can claim anything close. Investors usually pump+dump solo but imagine if they all worked together. Thats what this pool is doing and its doing it at the expense of a bunch of BS coins that nobody cares about. Destroy the stupid clone coins! People who spread FUD are probably admins of their own dumb clones and are afraid of Blackcoin actually getting more popular than it already is.
Also, if Dogecoin can make it, then Blackcoin certainly should destroy Doge. Litecoin is a passing fad. Scrypt doesnt matter anymore. So Blackcoin is the only interesting thing
in Crypto right now!!
Arent we all here to make money?? Anyone who thinks differently is fooling you.
Blackcoin will SMASH other coins if the pool keeps increasing in popularity!!! Why? Because its a leech, a BLACK HOLE taking value out of other bullshit coins and putting the
value where it belongs. It belongs with the investors and miners! Other coins have the weakness of mined coins being dumped on the market daily. But not Blackcoin, it takes coordinated mining effort to pump the coin instead of dumping on it. Its a value coin!
Also, its faster than Bitcoin, it resists 51% attack and the wealth is very EVEN. Bitcoin is not even at all (Satoshi?! Who the hell is he? When will he unload his coins?)... Mtgox and they gazillion they stole?
Blackcoin is f#%!ing awesome! I love their ideas and hope they market the heck out of it!
All I know is, if I had a massive mining rig, I would mine this coin since if other miners join me, everyone involved gets filthy rich! There is millions and millions of dollars we can suck out of DOGE, Litecoin and Bitcoin!!! Lets do it. Lets bring this sucker to the ground and make some money!
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