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2981  Alternate cryptocurrencies / Altcoin Discussion / Re: Blackcoin and why it could be really big // Intro to Blackcoin on: March 19, 2014, 08:48:32 PM

10000 blocks is only about 6-7 days.

so yeah like everyone else is saying ... instamined ...

And why 1%, no one is going to hold the coin for 1% annual interest

I think we have a last place finisher in the reading comprehension race.

fyi.. there was 23 gh on BC at one point. there is a ton of people with coins, which I explained on the first post, no 1 person holds more then 2%. Very few hold more then 500k (less then 20)

How do you know no one person holds more than 2% and few hold less than 500k ... can you prove it?



If you have enough determination try check history of all top bags.
I have observed them and i can tell you that many 1st top place was big GPU/ASICs farm  but they
 almost all cashed out that is why price was driven to 500...
when they went out price recovered.
BTW Blackcoin in 5day had 50Ghs / 400+ diff !! when price was about 3500 sat.
average speed was 10-20 Ghs... (with maybe 2-3 days of 3-9Ghs)

Later price was sitting @500 not many were interested so not us fault that some has missed train Sad
You can always wait to next correction to jump but price can be much higher than now.

Sorry brothers that wasn't instamined... Like (PLNc hundred block in few mins)
I was there and i can assure you it was hard to mine BC it was sometimes profitable sometimes i have mined below cost especially last days...
10-12Ghs network and price 1000sat.
Most miners dumped BC as soon as they could and jumped to another coin.
2982  Alternate cryptocurrencies / Altcoin Discussion / Re: Blackcoin and why it could be really big // Intro to Blackcoin on: March 19, 2014, 02:54:01 PM
I believe BC has a chance. I think they fucked up BIG TIME by putting out the beta multipool. That was a unique idea that they should have done everything they could to perfect during a private beta. Now, other coins have multipools up doing the same thing as blackcoin while the blackcoin pool is down to finish development. Is MintCoin's multipool in beta or perm?

Either way, BlackCoin shot itself in the foot and now has to hobble along hoping it heals right.



The mintcoin pool is a joke at 50 mh. The blackcoin pool will be over 7.5gh (expecting closer to 20 gh within a week) not including all the other algorithms.

1 week turnaround from beta to live seems pretty reasonable.
I don't disagree that the turn around from beta to live is reasonable, and I'll admit I have not looked in to MintCoin's multipool - my point is that you want to get dedicated miners in early so they don't hop on another coin. If they can return to what the previously had in beta and exceed that to what you're predicting, I'll be stoked as that means I was right about BC's future... my fear is that a week off, with other devs now stealing the idea, could harm it. Time will tell and I hope I'm wrong.


Also, I mined it for 36-48 hours and only got 300bc at 2440khs.. was kind of disappointed but expected as much from a beta.

You can allays try copy something but that not always will work.
Perfect coin for such action like BC is:
- 0 premine all coins have some Value, no backstab from greedy Devs Wink ( research Mint, Panda)
- low inflation 0-1% or no inflation

Some inflation like 1% is needed to keep POS alive.
1% inflation in POS can lead you avoid to pay ridiculous fees like with NXT...!
Eg 1 BC cost 1000$ and you pay 0.1$(or 0 Wink ) for transfer while with next
1 NXT = 1000$ and you pay hmm 1000% for transfer...But allways you cannot avoid fee.
Conclusion some inflation but low is better than 0% and ridiculous fees.

About Bitcoin inflation is not 5%... BUT 11,11% surce : https://en.bitcoin.it/wiki/Controlled_supply
Litecoin this year will have 33%...
In 11 years  BTC will get less than 1% inflation but that inflation.
BTC It can take even more even 20 years to get 1%... because real amount BTC will be lower by projects like Mastercoin,XPM which destroys BTC forever and BTC Vanish from market for ever.

We produce ~2054 New BC Day to buy all you need ~0.06 BTC... BTC with price 3000sat
But do you believe if someone has Eg 100k and get 2BC daily from stake he will rush to sell it Cheesy ^^ ?

Please correct Data 0.06BTC...to Buy all BC (PS: once i made sililar error 1% from 75m is 0.75m / 365 = 2054BC day)
And BTC inflation to 10% ^^ https://en.bitcoin.it/wiki/Controlled_supply

2983  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 19, 2014, 01:09:23 PM
you invest and do not know how to play?

This wall is not one investor, only the whole mass of the people who bought BC and then what?

on the BID now play on the growth of teeth is a wall to eat

What happens when there are so many sellers and not enough buyers? Look at LEAF 400 BTC to ASK and almost nothing on the BID what happened to the price?

This wall is a pumping group playing, all sellers are not stupid enough to put their big sell orders at the same price without knowing this will drive down it and they'll never sell.
Would be funny when  Some Wolong Fotntas  2.0 get in and bought all in one shot to 4000...
Then would be sorrow for some ^^ the failed remove wall : (
2984  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 19, 2014, 10:18:29 AM
well, if there are something will eat all these walls its would be mining it, lets be clear, if we did give it a chance to go higher in price, its become more profitable, many miners will join the train, this will make things skyrocket and the prices go way HIGH.

Real pump without any whale needed ^^ on way up.
Do you belive we could get 50Ghs ^^ someday in mining train?
2985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 19, 2014, 10:00:15 AM
now DC cheap Cheesy

and to ask you a lot of mega BTC see above 3500 you want to sell and escape

whales were buying on dips collected the BC and now you sell on the hill, good luck, I'm from BC from the beginning know when the pump is

I had BC for the 500, 1000, 2000 and 3000

I can see how such maneuvers leave
Some will go in some will go out that is sure.
After all pumps if you notice price almost never back to old depth. ^^.
And this is POS no new coins.
IF someone is trying get into during pump this is not smartest way.
Problem is when new bottom will be eg 5000 Cheesy...

On way eg to LTC price will be many flawless dumps and pumps ^^ but i have faith we can do it.
At the end of story we allays can mine LTC for BC and you can't reverse that process ^^


clear, and you seen flat above 3500? there are there more than 50 BTC in the morning watching

Yup warring me to but if we mine out that wall...
I always have been saying worst think is pump before mooltipool but if mining will go in eg 10Ghs you eat all that 50BTC in one day and no new coins.
Announcing multi pool in friday it have + to more miners will be ready to go on party destroy wall Cheesy.
if people will have patience to mine a week in such hash speed we will be higher and higher till desire of possessing more BC will be small.
On every way up corrections are needed.
Even BC on 3000 that is only 0.06 BTC day to buy all new.
Price 3000 is low compare when we can climb in long run.
2986  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 19, 2014, 09:43:40 AM
now DC cheap Cheesy

and to ask you a lot of mega BTC see above 3500 you want to sell and escape

whales were buying on dips collected the BC and now you sell on the hill, good luck, I'm from BC from the beginning know when the pump is

I had BC for the 500, 1000, 2000 and 3000

I can see how such maneuvers leave
Some will go in some will go out that is sure.
After all pumps if you notice price almost never back to old depth. ^^.
And this is POS no new coins.
IF someone is trying get into during pump this is not smartest way.
Problem is when new bottom will be eg 5000 Cheesy...

On way eg to LTC price will be many flawless dumps and pumps ^^ but i have faith we can do it.
At the end of story we allays can mine LTC for BC and you can't reverse that process ^^

We can only do it without panic sellers but we can.
2987  Alternate cryptocurrencies / Altcoin Discussion / Re: altcoins are all dead on: March 19, 2014, 09:21:21 AM
LTC is still copy-paste, who remembers tenebrix and fairbrix  Roll Eyes..what was that other shit geist gold or something. sat doing nothing for years then only saw a rise after keiser pump. joke coin, not the silver. ASIC centralisation quietly on the horizon, and it's supposed to be ASIC proof as a main attraction. Supporting LTC will be supporting the manafacturers who will sell their units at xxxx% markups.
 
Real innovations are not these flappcoin, country-gimmick coin or other shit clone flavor of the week emulating bitcoin and mined by few 15 year olds for extra pocket money,which will eventually completely reach saturation point. some will make money orchestrating these scams and some will be bagholders. the innovation is with entirely new concepts that provide brand new decentralised solutions to centralised problems in exactly the way bitcoin did.

for instance, hundreds of thousands of coins have been lost because of these centralised points of failures. Gox. BTCT, Bitfunder, GLBSE the list can go on for ever. Hundreds of millions of $'s destroyed because of centralised points of failures. With assets which offer P2P decentralised exchange built upon bitcoins distributed blockchain these are a thing of the past
of these next gen protocol layers that serve real functions, counterparty (XCP) is the fairest and here right now. It's my opinion this is the true dark horse out of current line-up.  These provide VALUE beyond short-term speculative interest. PTS, MSC, ETH are money grabs primarily and so far more talk than action. ANXT is good, with a fantastic community but the distribution model was flawed, the wealth disparity there is way too skewed

 



you obviously dont , fairbrix is a based on mutli coin where as litecoin is based on bitcoin.

and Litecoin asics offer no real advantage over gpus.
When 1st Sha256 Asics comes out they weren't powerfull too.
But soon their pottetial rised eg usb from 0.33Ghs to 5.3Ghs...
Same path will be with Scrypt just take them time.

I remember year ego all was talking that LTC will be ASICs free high cost ext...
And what bullshit talking all time guys be honest in reality LTC is not superrior than BTC...
10m block vs 2.5m block don't change game at all... when you have coins like BC 5-15s transactions
4x more coins who cares... Doge and others has more 500B +.
- MAIN advantage LTC was ASICs free but now we have ASICs / they will be better/cheaper no matter what you will say in future

Today LTC have nothing special over BTC in future coins like NEM, Emunie, Etherum, Exo can take it place.
LTC price is shielded by script alts then those alts will lost anouth value LTC won't be shielded and all farmers for BTC will go to LTC straight.

Some good POS systems are also interesting.

Alt without concept spaming arroud are killiing prices that is all.
Starting alts should be traded with Doge problem solved.

2988  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 18, 2014, 12:16:54 AM
would there be a new MULTIPOOL for this coin? i'll be renting 20mhs @ betarigs.com once it is launched. Cheesy

I think you will get more BCs by investing the 0.16 BTC now by trading some, because the price will likely go up once the pool has launched so your payout in BCs will be smaller.
Or if he  wait 2 weeks and dumps will start from some sharks and other inpatient people price will slowly go up.
After few month he will get more BC/BTC.
But as you i think there is no point in first 3days hiring rings  those rings are to expensive.
I can allow myself to support coin with some part of hash rate to get liquid flow BC overall.
I know that in long therm this is win even at begin it can course some losses to miners.
Worst thing  are uncontrolled pumps dumps are ok miners will take out them with pleasure.
After some time pumper will have to buy more expensive and more expensive BC...
Generally for miner that will be win but it will take some time.
God save us from hype this weekend Cheesy.

There could be funny scenario:
1 Shark is buing eg 2BTC - 10000BC
2 Hype shark is selling 10000BC for 4BTC...
3 Shark want play again but price is now higher and buy 10000BC for 4BTC at new flor
4 no hype he want sell and he wil at for eg 10000BC for 5BTC...
5 Shark want ear again he will buy 10000 BC for 6BTC
......
And up and up if all will go smooth...
Profit ? not so fast if price will go up and up wihen mooltipool in pumping.
2989  Alternate cryptocurrencies / Altcoin Discussion / Re: Adam B Levine about NXT: "...best software out there.. .. future of bitcoin.." on: March 17, 2014, 11:54:59 PM
You don't have to believe me, but if you watch the hour+ hangout linked in the first post I think it'll be pretty obvious I'm not in the bag for any of the protocols, and I'm trying projects on all of them because I want to find out which one is best for which use-cases.

If you're just generally not seeing the point of "user created assets" that things like NXT, MSC, and XCP allow I would really recommend reading the free, recently released book by Tim Swanson on Smart Contracts, Smart Property and what all the hype is about.

http://www.scribd.com/doc/210537698/Great-Chain-of-Numbers-a-Guide-to-Smart-Contracts-Smart-Property-and-Trustless-Asset-Management-Tim-Swanson

Good luck!


i am also in all three projects (msc,xcp,nxt), what makes xcp or msc "easier" or let us say more useful, is that it is on top of btc. so people can send btc directly into the protocol, without first changing it on an exchange. second point is that the btc blockchain is proven for a few years... . for example xcp has engaged sergio lerner and peter todd for auditing, both are well known heads in the bitcoin community. nxt is trying hard to get their code audited by a third person.

anyway nxt is very promising in the longterm, but the useability is limited regarding adaption - what it needs is time
NXT failed at 1NXT fee system...
Where is point to use currency with such high fee...
Most gods is around ~20-50$ now fee 0,5$ this is in basis have fail a bit as currency.
If 1 NXT will cost 1000$ who will use it ?
Even with most advance features cost of using NXT outside exchange make it just pointless as currency...

In same time Bitcoin can cost 10000$ and you can pay 0,1$ fee or less for transfer...

But if we change NXT fee to 0,01 NXT that will probably hurt only that small players.

And today when projects with high lvl of development will arrive soon like NEM,Emunie,Exo,Entherum...
I don't say NXT is bad but that 1NXT fee is killing my interest.
2990  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 17, 2014, 10:37:29 PM
I've been having a bit of trouble running the headless client (blackcoind) after installation. The wallet downloaded fine, but has been hung on block 15000 for the past week.

Running 'getinfo' gives me this:

Code:
{
    "version" : "v1.0.0.0-g32a928e",
    "protocolversion" : 60012,
    "walletversion" : 60000,
    "balance" : 0.00000000,
    "newmint" : 0.00000000,
    "stake" : 0.00000000,
    "blocks" : 15000,
    "timeoffset" : 0,
    "moneysupply" : 74473071.15557145,
    "connections" : 1,
    "proxy" : "",
    "ip" : "107.170.6.172",
    "difficulty" : {
        "proof-of-work" : 242.36806749,
        "proof-of-stake" : 0.66245818
    },
    "testnet" : false,
    "keypoololdest" : 1394768504,
    "keypoolsize" : 101,
    "paytxfee" : 0.00010000,
    "mininput" : 0.00010000,
    "errors" : ""
}

It looks like an older wallet version (current is v1.0.3), even though I downloaded directly from git (https://github.com/rat4/blackcoin) which should have the latest.

Any help would be appreciated.
Try go on our forum.
http://www.blackcointalk.com/
Dev will help you for sure.

Here he is not active so much.
There is section for problems.
2991  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PLNc] PLNcoin - Polish cryptocurrency - giveaway for Poles on: March 17, 2014, 10:19:15 PM
Znow Scam?
Pisałem ze bez KGW i 6godz zmiany trudnosci bedzie taki efekt to kurwa mieli w dupie.
jak startujesz od 0 diff to jak ma być i nie ma KGW....

//

Not scam rather noob dev and copy coins from creator...
No KGW ext...Counting on hype and fast cash out premine lol Tongue
2992  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TiPS ★ Kimotos Gravity Well ★ World first coin anonymizer launched! on: March 17, 2014, 10:11:29 PM
Hold your Tips people, HOLD THEM !!!!



In these desperate and dark times, I keep telling myself that everything is going to be alright.
I'm gonna hold my coins until the bitter end if it has to be. Like the spartans. UNTIL THE BITTER END !!!!

However, I do recall a similar situation last year in October. Many alts were down when bitcoin rose. It was ridiculous,
the alts were so undervalued and then BOOOMMMMM ! They skyrocketed by a factor of 100, some by a factor of 500-1000.
It was incredible. In these dark times you have to see that tips and other alts are so undervalued, that they could skyrocket to
unimaginable heights. That is why I will hold on to my tips until the end. It might turn out to be a noble death. But it could also be a
gigantic triumph the likes of which have seldomly been seen upon this earth.

But now there are coins like NXT / EXO / NEM / Etherum / Emunie

Diffrent aprouach new coins new development and alts everyday wi have +1 one at least new alt...
New COPY ALT...
take that in measure too.
Tips are under-valuated IMO off course compare it to eg PANDA... or PND... in same price lol
2993  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: March 17, 2014, 08:55:42 PM
I saw a lot of BUY at 1 sat. The 1 sat wall becomes thinner and thinner
He will buy with 1 litoshi dont be retarded Cheesy...
To get 50% market share he need six months...
So long way to buy them... Tongue
In 4 months it can be 1m for 1 Doge even.
2994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 17, 2014, 08:52:20 PM
What you think about development bounty ?
(I think something like that is crucial to BC rise in Value and utility.)
(price is something that can go up and down anytime but once you invent something it cannot be discarded )

It could works in two ways:
( if you have better ideas lets improve it )

1st way  "Community request":

Features to vote feel free to add new ideas Eg:
-   Eg. Chatbox/trollbox in client
-   Mint-pal course show in client
-   Block browser in client
-   New graphic engine in client
-   Some of those things can be done by other programmers but approved by r4t eg. if we want it add to main client
-   Some clients like with Bitcoin don't have to be straight copy of main client they can live on their own.
-   In early stages we can make only few projects at once later we can develop more with rising community we will be able to develop more and more.

2nd way Developer request (can be parallel always to 1):

-   R4t or other programmer offer us doing something but he request sum in BC for doing that.
-   Devs / programmers know cost of running something eg. cost of VPS rental service not everything can be done for free
-   Let be honest developing something took time some programmers are enthusiasts some of them are just workers for hire
-   Again we can Vote and then try get $BC for improvement in final we get it
-   Soepkip/R4t is holding founds it and pay dev/programer when job is done and works.


At the end of sorry:
________________________________________
-   All happy and low chance to be scammed (comparing to premine coins % you have true power on development in coin)
-   Transparent fair democracy system
-   Sometimes  programmers maybe will do something for free to get attention (like demo)
then he can offer some good stuff and when people will know him easier will be to find founds
-   For Devs every improvement generally means + value to coins at the end they will earn more for good job eg +100% price jump in hype ^^
-   Mayby developing of BC will be popular in future who knows ! There is some amout  enthusiasts/ or unemployment programerrs
-   Better to do something today and don’t regret it later
-   Better make some programmers bag holders Cheesy ^^ the more coin they have in bag the more they will be motivated.

POS system is specific to rise it needs more attention and care from bag-holders.
Generally only bag holders have responsibility to support coin without premine !
 
Lets start talk about something else than just price ^^.

PS: English is not my main language so sorry for mistakes but i think main ideas was good exposed. // BUMP +2
2995  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 17, 2014, 06:44:24 PM
Does Anyone know when and if the bcmultipool will open again?

I didnt had a change to 'mine' as much Blackcoin as I wanted, earlier.
Should be on Friday online after some fixes / tweaks.
2996  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 17, 2014, 01:42:30 PM
What you think about development bounty ?

It could works in two ways:

1st  Community request:

-   Eg. Chatbox/trollbox in client
-   Mintpalcourse show in client
-   Block browser in client
-   Some of those things can be done by other programmers but approved by r4t eg.
-   Every improvement rise value of BC same time so donated money aren’t  wasted.

2nd Developer request:

-   R4t or other programmer offer us doing something but he request sum in BC for that.
-   Devs / programers know cost of running something this option is fair not everything can be done for free
-   We Vote and then try get $BC for improvement, then Soekip is holding it and pay dev/programer when job is done and works.


________________________________________
-   All happy and low chance to be scammed (comparing to premine %)
-   Transparent fair system
-   Sometimes some programmer maybe will do something for free to get attention
-   Then he can offer some good stuff and when people will know him easier will be to find founds
-   For Devs every improvement this is + value to coins they earn more for good job eg +100% price jump in hype ^^
-   Mayby developing of BC will be popular in future who knows !
-   Better to do something today and don’t regret it later
-   We can help Dev in rising coin as this is POS sytem only bagholders have responsibility to do backup coin.
-   Better make some programmers bag holders Cheesy ^^
2997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PLNc] PLNcoin - Polish cryptocurrency - giveaway for Poles on: March 17, 2014, 11:05:07 AM
Difficulty rising after every 6 hours -
when moltipool will come 7 weeks to next block.

____________________________________________________________
Tipsy też tak miały jeden blok sie przez 8godz sie koopało zamiast 2minut...
BEZ KGW blok raz na 24h pedzie padał a ze trxzeba kilku bloków aby przelew poszedł to po parę dni czekania czeka...
6 bloków na potwierdzenie = 6dni na przelew bez KGW!
Bez KGW z góry można założyc ze klapa będzie + instamine dla 1szych kopaczy kolegów admina ; ).
Z 0 diff na starcie to mozna pociac wysztke bloki na starcie w 1min pewnie
2998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 16, 2014, 10:17:26 PM
Somehow I can't connect to the BC Multipool. It's not just with this pool, but also with other pools. It takes really long for my CGminer to start.

When I try other pools, it does work. Does anyone know what might cause this?
BCmultipool is of for short, admin is doing fixes.
2999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 16, 2014, 07:21:03 PM

.....
Ah, so mining all coins in 5 days is fairer than mining them in years like PPC?
And all holders hold less then 2%? Holy fuck. In BC every individuum can only own one address? Great!


.....

10day-minig is a way to distribute coin dev have chosen 10-day could be longer or not this is his independent decision.
Of course less people joined to BC boat during minig...compare to eg PPC during minig.
To balance that we have to be creative and attract some people to join BC community.

But wait what you see after 10-day ? during mining price was 1000-3000 sat...
After minig price was 500-3000 too...
Do that mining really matters on price ? As you see not.

Today Mutipools / Gpufarms generally destroy idea of POW minig be one GPU-man for better distribution.
Personaly i saw on Vert pools fuys with 150Mhs workers...
POW mining creates his own ecosystem Roi/hardware...

10 day minig can get hate of whole minig indjustry wanted earn some $ on that proces.
They will hate IPO presels to like NEM... This coin is not for miners.

To balance that in POS system like BC works is more about building community.
As you see even during pump noone from 9/10 from top 10 even didn't touch balance.
...everybody are free to join or leave we cannot stop them ^^.
Only one thing can do is building community and rise.
Balance is that those top 100 have biggest responsibility for whole coin...
They need donate projects they have to back up new innovations and Dev.
We are trying to build that. I can asure you this is much harder than mining.


"I don't really get what this pool does when there is only POS?"

Whole idea of Black hole multipool have many purposes:
- Expand user base
- Stabilize price
- Many people don't want buy coins they like minig we are giving them chance.
- Some people like me just want back up coin because i have faith in it.


___________________________________________________________________________
PPC - is different story great coin big community good dev. and is Older than 22 days BC.

BC need time to build community and rise their position position lets check BC in one yeat then can we talk about it success or it failure.

Once more even today gpufarms/multipools just for $ don't convince me to long period of mining.
Today a way better for POS is make short mining time...or IPO for 4000 people wiling join and support some coin. like NEM.
And leave coin to community. People like me are bored about continuous mining wars this is stupid...
At the end only big data-centers ale alive...And source of all new coins are 2-3 of them...
In POS like here you dont have 3-4 peole possesing all unless you are let them to do it all it is up to community
with BTC you cant fight with centralized minig anymore same with PPC...
POS and POW are diffrent systems in principals.
But both are balanced somehow.
Till BC,NXT we haven't true POS systems at all other are just mixses.
3000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 16, 2014, 06:16:32 PM
This coin is a perfect example of the Prisoners' Dilemma.

Exactly! If everyone would've just held on to their coin, we would be still soaring right now. But hey... now the rest of us will get to reap the rewards of their loss.

Yes. For Olympiccoin or FairQuark there are completly different rules Smiley

What is so special about Blackcoin? It's just pump and dump...

So , any reason why should I throw in some money on this? Looks promising but that's not enough !

fair distribution of coins,

all holders hold less then 2%
no mining to inflate supply
Proof of stake is only 1 %

(basically a deflationary coin)

helpful devs

Only PoS coin to have solved the forking issue.

The first of its kind to have dedicated altcoin multipool (buys BC for market price) to be off beta and live next by next weekend.

this is a top 20 if not top 10 coin, current market cap is just under 2 million, but it could hit 10 million by month end.

Biggest thing is this coin comes with no drama. It does not promise anything, it just works, just like bitcoins original design.





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