Multipool isn't proprietary, either.  Zeitcoin and NEM are at least two coins which intend to run Multipools.

It's a pump and dump.  A month and a half ago the pump of the month was Mintcoin and Vertcoin.

There's nothing special about Blackcoin at all and here are the reasons

- Faster Transaction speeds ~ a lot of alternate coins can claim this too
- Proof of Stake.  Old mechanism ~ Peercoin, NxT and other coins have had this for ages
- Bitclone (the client is a reskin of BTC)
- Distribution.  Top 100 wallets own the majority of Blackcoin.
- Novelty merchandise


I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.

Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.

I think Gold and Precious metals are worthless in a bugout scenario.   A million dollars in gold weighs 25 KG / 55 Pounds and is difficult to conceal.   Never mind there is all the paper work proving you own some, so criminals or government officials with access to that information will be making a beeline to your residence.


We know from throughout history that refugees who had gold or precious metals on their possession had said valuables taken from them by patrolling militias or scrupulous border guards from other countries.  It's supposedly no different today - there's testimony from Syrian and African refugees that they've been robbed by Middle Eastern and European immigration officials / soldiers / mafia.

It's a choice between being a refugee with nothing more than the clothes on your back versus a refugee with Bitcoin (with the wallet on cloud or somewhere on the internet), I would prefer being the latter.

China has a population over a billion and a normal riot over there makes Occupy Wallstreet look like a picnic.  A lot of people fear revolution (revolution brought chaos in the FSU) or counter-revolution (from the hardliners who hate capitalism), hence why the Chinese have been buying BTC.

Is an alpha test by the end of the month a guarantee?

A distribution of this scale has never been done before.  It's hard to say how 3000 stakeholders are going to behave.

I'm inclined to believe it's easier for 1 whale to dump than to convince 300 to do so but we'll see.

Poor distribution in this coin.  Top 100 wallets (wallets=/=unique people) control the majority.

I  don't think there is anything unique about Blackcoin - it's a Bitclone with PoS (old mechanism) and poor distribution (top 100 wallets control more than 53%.  Wallets =/= unique people) and some rhetorical improvements ("faster than Bitcoin, blah blah")

It's currently the pump and dump.  Looking back 90 days the PnD used to be mintcoin and vertcoin.

NxT to drop below $20 million shortly?  Are the NxT whales jumping to NaS?

What test?  Proof of Stake has been out for ages and several coins have implemented it (Peercoin, NxT, et cetera).  Proof of Stake is only appealing for people on top of the pyramid.

Ad hominem / straw man are logical fallacies and not valid arguments.  Though I didn't expect any better from a blackcoin bagholder.
By the way - it's only my third post on this thread and they were all posted minutes ago, so you're mistaking me with other people.

All I have to do is look at screenshots of Blackcoin and it's a Bitclone with PoS and a few vendors selling novelty merchandise *yawn* - I know a pump and dump when I see one.

Pointing out a legitimate bubble is not FUD.  There's no uncertainty here.  There are clear patterns in the alternate digital community and I provided two good examples.  Each time there's a downturn in digital currencies some random coin is always pump and then left to die.

 There's no incentive for subsequent investors to come in and buy BC when it's valued at $10 million as the ROI isn't there anymore.  Meanwhile the Whales, who bought in for pennies when the capitalization was less than $100K, have incentive to convert their BC into BTC or a portfolio of new alternates.

Of course I'm not an investor - I like to be involved with innovative coins and help them grow.  All I have to type is "Blackcoin wallet" on Google images and all I see is a Bitclone with a PoS - what's so great about this again? 

It's a pump bubble.  No way Multipools are generating over $1 million.

This happens each time Bitcoin and all the alts decline in value - some random coin is selected and everyone throws dumb money at it and then people are stuck left holding the bag.   It has happened several times in the past 90 days.

http://coinmarketcap.com/vtc_90.html
http://coinmarketcap.com/vtc_90.html

Last time it was Mintcoin / Vertcoin where the whales and bagholders were exclaiming, since it saw massive gains out of nowhere, that it would replace BTC.  

It was hypothetical discussion back then and nobody supported NEM because it was a fork of Nxt (there were other, now abandoned, $hitclones of NxT at the time).

NEM was supported then because it promised to take NxT's worst feature (distribution), modify it and make it palatable to the mainstream.   Now NEM is a different creature with new code, features but also with good unparalleled distribution.

What bust?  Had you bought in a year ago at $100 you saw a return of 400%, which beats anything you can get from a portfolio (2% to 20%) or the bank (laughable interest rates).


The international remittance industry is worth $500 billion and the international black market (which isn't all Mafia - often it's ordinary people paid under the table) is worth $10 trillion and then Bitcoin can also attract interest from the retirement funds ($20 trillion) and Gold Enthusiasts ($1.25 trillion) who are looking to diversify.

Right now Bitcoin and all the alternate coins are small blips compared to their true potential where a $1 trillion capitalization in two decades is an achievable goal and that's coming from a pessimist.

 

Which is still high for a crypto as most $Fiat see 1% to 3% inflation in a year and it adds up over the decades.

I can agree with this but the emphasis on steady should be noted.  BC is doing $1 million in volume at the moment and I don't think it's due to multipools alone?

As well one of the NaS whales (possibly the creator himself) just dumped all their coin and bought up entire sell walls of NxT (the reason behind NxT's surprise upswing today).

The issue with NxT wasn't its' technical features but rather it's distribution and taking NxT's worst feature and making it worse isn't ever going to work.

and so are you

Not in the same league, so not a competitor.  Nas coin is a poor copy of NxT with a sockpuppet developer who has already been banned once.

No I was spot on.  Nas is a $hitclone of NxT and there's no team, just one guy pretending there is (like Marinecoin)

Another NxT clone (which won't fix BCnext's flaws) and ran by a sock puppet developer (7 posts and named after the coin) who has been banned twice. NAS doesn't belong on this thread, it's the first of many NxT $hitclone scams.