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3261  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 01, 2014, 11:32:15 PM
This is great... I'm sure their are children around here.

The mods are taking forever to ban him,

Just report it, and hit "IGNORE USER"
Now i am glad that is hard to make new post and spam shit all time.
BTW ignored.

I want someday join TOP 100. So that low price is even good so far to me.
I am minig and selling other coins then buying buying BC Smiley this is the best way to optimize POS mining.
And one more thing guys we should make us main dev in TOP100 to motivate him if he will to keep that BC Smiley.
Rat will you keep that BC ? Today this not require a lot of money.
3262  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [GPUC] GPU Coin | Launch 02MAR14 | IPO Available on: March 01, 2014, 11:18:35 PM
Can anyone explain briefly to me what is the difference between Scrypt and Scrypt-n?
you need more memory n times compare to simple script on higher n your hash speed is decreasing but all have the same effect.
More memory makes simply Script asic usless/
If that should be GPU coion then simple script is pointless when Asics are around...
Better is scrypt jane or n factor IMO.
...So Keccak algo is even better for GPU. +1

Ach ONE MORE THING many scrypt coins is raped by MULTIPOOLS Tongue so take care if GPU coin value will rise they will rape your rising potential.
Keccak will be in that matter even better becouse is less popular.
Please if you want GPU coin don't do jokes with ASICs party on board IMO.
3263  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: March 01, 2014, 05:25:23 PM
got my first stake worth .09 lol

donations anyone :[

BRXq4KNJqLr1Pff1boWShEhpQ1yccFuNdi
Because this is daily steak bro if u mine block you will get 7-50 BC note that more BC you have more chance that you will get your block.
Rat updated wallen and there u see your chance to get reward Smiley.
This is simulation more or less bitcoin minig in 20years remember that BC is long run investment than quick buck.
If you want higher income rate try GBN,Cash,Mint. BC is more difficult to obtain.
Now you need invest in mining gear Wink i mean more BC for 1BTC you can get to top 100 so you allways have chance.
3264  Alternate cryptocurrencies / Altcoin Discussion / Re: Mintcoin or NXT coin?? on: March 01, 2014, 04:57:31 PM
mining started off and was originally envisioned with people using home computers to support the network, but an arms race ensued and now it takes large investments in computers that are searching semi-pointlessly to solve problems that don't really mean much.  that is a lot of wasted, energy, computer power, and electricity.  mining had a real necessity in the early days but now is a system grown out of control via greed.  coins are meant exactly to combat this kind of thing.  with an IPO or mining a party needs an initial investment to get in, but with an IPO person doesn't need a minimum 10,000 dollars as an initial investment, they can put in 100 or 5 or 5000.  which sounds better to a new person wanting to test the waters? cryptocurrencies only live on right now out of speculation, but at some point for them to live, they will need to live on because they are actually being used by real people daily.  NXT was a far more fair distribution in reality than bitcoin or probably most any other serious coin.  it also has a more environmentally sane way of maintaining the network, which goes back to the original intentions.  

In my opinion Doge,Mintcoin,PPC,BC,HBN,BCX and much more coins was better distributed than NXT OK eg. Mint it has 4,5% effective premine but NXT have 100%...
I don't know how that 100% was exactly distributed but i have rad that few investors took few bilns of NXT for 5 Btc.
Mayby they were even connected to devs, i don't know i never can be sure.
POW mining distribution is more transparent we have multipools, we have big farms they aim is ONLY convert BTC...
those miner are putting cheap coins on market and all can catch them.
Coins are getting hot more people are joying the party press is make even bigger attention look at DOGE all could join
and don't try even compare NXT to Doge distribution Cheesy Doge is flawless in that matter.

If i compare Mintcoin and NXT in long therm i don't know for fairier distribution my vote goes to Mint.
If NXT main owners can hire 10 fulltime developers they can make unique features for sure but in long
run it looks like paying IT company for printing and maintaining digital money.

I will ask again what about that 1nxt transaction fee this is principal for nxt.
I some poor people want buy bread for 1$ and 1nxt cost 1$ he will pay 2$ in same time while can pay with BTC and it will cost much less 1.0001$
this is most interesting to me. How next will deal with that ? It looks like it can't handle real life currency principals.
No one want give me answer so far about that.
3265  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 05:16:41 AM
I cannot get my wallet to mine anything PoS.

Wallet is unlocked, and have had the coins for more than 8 hours.

Nothing is happening.
1st main thing is that chance that you will find block are propotional to your pool if you have eg 20000+ it is easy to find everyday block when you have just 1000 it can take week. Your wallet have "power of ming" more coins more offen you will stake like with gear minig better gear more coins same here.
Note that stake holders wont dump own coin Cheesy maybe  then when they are retarted but we will buy their coins the end of the day and dump stakeholder will lose their coin for free.
3266  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 05:08:48 AM
After mining ends what is the point of holding BC?
Then party is starting you are mining rare coins.
POS mine coins fees will belongs to block finder.
With POS you invest in having more coin instead of buying better miner.
Stakeholdes are not dump as early miner and wont dump their own coins this is simple.
They will sell on high and keep on low price easy.
Traditional minig force you to fight with multipols and whales.
Here you fight more for that to up value of your coin.
3267  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 04:50:26 AM
what happened then? Why the price is droped down so heavily?

whales have dumped the price down, people spreading FUD bigtime and are jumping ship..... can only hope that this coin will have a return after block 10k....
Seriously tu buy all and get to 2000 is just few Btc deep in market right now.
Btw whales dump for reason Wink. I will buyback BC even it will cost me dump other mined coins taking up price at this lvl is no problem.
1BTC and you are in top 100 stake holders.In same time we have 15ghs all time WTF. I think many people belive in that coin for sure.

If my understanding is correct, the interest of POS is poorly 1% yearly. Will the POS mine new block? And the reward again is 10000 for POS?
You get PoS from transactions also!
let say return is about 1-1.5% year.
But u allso mine POS blocks if u find block fees are yours !
But you need to know that higher inter will couse our BC to love value over time more than others now those who will stick with coin will rice their price.
When POW ends and we will eat remanig cheap coins.
Do realy that difrence between that coin and eg mint have matter when both coins can loose 50% in one day ??
And when you produce more coins you need more demand to keep price go up. here let say those who will stay they rather wont dump their coin below eg 3000...
i dont see point of that. But it will take time of course.
The best part between us stakeholders is that we will fight to buy cheapest coins to get better stake more coins more chance that you will find block.
3268  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 04:48:46 AM
what happened then? Why the price is droped down so heavily?

whales have dumped the price down, people spreading FUD bigtime and are jumping ship..... can only hope that this coin will have a return after block 10k....

 prices BC down huhu  Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed Embarrassed
my story is that i have sold my 450k Doge @30 in despair and no hope i was thinking i will buy them back more, but then whale comesand pump 2x price i was shocked WTF that was a lesson for me. Doge then went from 150 to 28 i wanted buy back at 25 ;/ damm...
3269  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 04:42:09 AM
what happened then? Why the price is droped down so heavily?

whales have dumped the price down, people spreading FUD bigtime and are jumping ship..... can only hope that this coin will have a return after block 10k....
Seriously tu buy all and get to 2000 is just few Btc deep in market right now.
Btw whales dump for reason Wink. I will buyback BC even it will cost me dump other mined coins taking up price at this lvl is no problem.
1BTC and you are in top 100 stake holders.In same time we have 15ghs all time WTF. I think many people belive in that coin for sure.
3270  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 04:26:25 AM
transaction from cryptorush in 5s confirmed in my wallet Cheesy what a speed...WTF Cheesy !!
3271  Alternate cryptocurrencies / Altcoin Discussion / Re: Mintcoin or NXT coin?? on: March 01, 2014, 03:35:59 AM
Software development in NXT is very fast - faster than Bitcoin or any other altcoin out there. That's about the only reason I'm hooked into it.
Fast development Smiley sure but they have high intrest rate from 1NXT fees so they can afford to full time development.
Other coin consists mostly form volunteers like BTC so is hard to compare both sides.
But as i said what with that fees 1-nxt per each cut - nxt operating range.
Now 1 nxt price 0,5$ .
Transaction fee 0.5% of value is reasonable that is why Bitcoin is better over paypal,westernunion in sending money or  buying, selling items eg. prepaid cards.
In short for me that mean i need buy goods over 100$ to make it sense, in other cases i would like use some other coin with lower fees.
For companies 1Nxt fee every time is like throwing away money in world where everywhere they cut costs so real companies will avoid it.
The higher price NXT is the more useless that coin start to be in real life when it have 1nxt transaction fee.
Are nxt devs planing lower transaction fees or sth else to deal with that ?

IMO nxt version with stable 1% inflation annual but little fees is much more superior than 1nxt constant fee.
That transacion fee fee is bottle next for it Tongue.
3272  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 01:15:06 AM
well I just bought 1btc worth of this coin. Lets see where this goes.
Man you did pump Cheesy
3273  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: March 01, 2014, 01:02:51 AM
Its funny to see the shear panic sells, I was at the bottom eating all your crap,and turned it into a pearl Cheesy

you guys see one dead cat bounce and assume the ship has been righted? Why not wait a bit longer to see whats really going on. Just bags switching hands is all. That is where we are at with  this coin. You seem to forget the value is down 55% from yesterday.

Can I ask what great coin it is that you're mining? I'd like to visit your ANN page.  Grin Cheesy Wink
For me that coin is great becouse:
- POS with 0 premine i wanted start with some this kind of coin but without premine.
- premine secure price some how every coins have their initial value about (1000-1500 satoshi at beginig)
- 1% inflation means simply that can be valuable and rare hard to mine with POS system.
- This coin dealed with pool mining and centralization of mining: all coins/blocks mined after 10000 Block will be mined by POS miners only!
- you will earn probably more when coin is popular transaction fees are going to POS block finder. - this promote using this coins
- low prices today give all equal chances for all to get them at cheap prices.
- at bigning we have +5Ghs hash-rate so POW mining wasn't easy
- mining peak was about 50Ghs (50% power of actual scrypt kings Litecoin and Doge) noone can tell that we have our coins for free
- almost all new coins was obtained at 1000+ satoshi from early stage
- active community (people aren't greedy see donation for community staff)
- i am tired of mining gear war and you never cached up in time with ASICs you are almost late
- will give that coin try this is long therm investment while 20% of 1st year
- many other coins have large interest rate but this coin have so low inflation equal Bitcoin in 20 years... Cheesy
- if you look on this coin in long therm investment this is good sable coins i don't thing BC owners will dump their coin
- weak hands and fast buck buyers will be out fast

I like FAQ updated from rate then i understood that POS miners will get block rewards !
....
http://imageshack.com/a/img203/792/nzvv.gif
i like updated FAQ Cheesy
--------------------------------------------------------------------------------
What is happening when my coins are offline? Am I loosing reward?
You are loosing transaction fees and compound interest. Nominal interest will be paid when you find a block
Why stake reward is so low?
What are you doing here? Give a try to HoboNikels or whatever else
3274  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 11:42:04 PM
were not dropping below 800 again i doubt even dropping below 1000
I have been talking many times that floor price for this coin is 1000 if you scroll 1st posts price was starting from 1000-1500...
People who are panic selling that coin right now they just loss.Party will start when true POS will start this is very rare coin.
Inflation is about 1%. About pricing 2 BTC will drive cryptorush at 2000 and mintpal at 2000.
Weak hands are gone this coin is relay rare and hard to mine on POS it has even lower inflation than Bitcoin will have in 16 years spawn or more...

and some optimistic accent again form some post elier i just like it Wink:
"man reading all this complaining , crying, bitching and moaning makes me laugh my ass off
the same motherfuckers did this when vertcoin was out
sold early like absolute morons , vertcoin went to .01 on cryptsy   and they sold 6000 @ .000046"
3275  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 08:01:41 PM
Please no doom and gloom about this coin failing, i invested what little i had with the hope to make something alittle better then what i had before....
I hear you dude.... Same here
Price manipulation why ?
12,595 khs - 10,848.910 BC this is about 0,04 BTC day current.
As i was talking before most coins were purchased at ~1000~2000 lvl.
Yesterday was big jump in difficulty because that coin was giving about 0.10 BTC/day for my 3,5khs ring> then some multipools joined and big miners they dumped price.
Or in economy it is cold correction. Low price at beginning is good imo. To high price is killing attention. This coin have only 5days this coin wasn't even pumped.
You should think twice if you are thinking that if you sell now you will get more later becouse if some whale is micro buying BC he will PUMP that coin 3x-4x in seconds.
BC volume is thick many people don't keep BC in exchange they are trying stake.
Coordinated BTC pump with 50BTC capittal can make that price 10x. Now pumpers if they are around i guess some are Cheesy for sure they are want your coin at lowest price possible. They are buying it low probably as allways when they start their pump it will be hard to you get back your hard mined BCs.
I guess party with price will be started when all coins will be mined and 1% stacks will be only option to release new coins.The whale who is building his position now by buying low.
Eg whale and his group invest 100 BTC they are buying now on low on price 0.0001 they will buy 10% market share Tongue.
Then they start manipulating prices up price is rising Smiley many people are joining becouse price is rising best time to start pump is end of minig because people will believe that high demand cause such price rise. Price is skyrocketing low market volume because all are minting new coins will make that scenario even easier.
They are pumping +++ the best for BC coin is that when they will go out of market by setting up high sell walls.Dump is another way to go out it is not good when few others whales are around they will just eat his dump and continue with their pump look at Mintcoinchart. How whales batllte are playing Smiley.

He will enter to the game and pump then he will dump to scary quick buck investors then pump again.Remember there is no premine so noone will be abble to dump his pump.
Notethat : With a 1% compound interest you can expect 101 million coin count after 1 year and 270 million coins after 50 years.
And rememeber hot coins like BC,Doge,Vercoin are targeted by whales all time they are seeking opportunity to pump the best oportunity for them to buy is now the best time to pump is end of minnig then price can skyrocket and couse big hype. But we will see if i am right.
3276  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 02:51:44 PM
That should be pinned !

1) When do untouched balances stake [days] ?
1. Untouched balances are eligible to stake after 8 hours.  When they will actually stake is a matter of random chance, just like finding a PoW block.  But the chance improves the more coins you have and the older the coins are.(and you have 100% chance after year)
2) Will all wallets with untouched balances stake ?
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
3. read # 1 & 2 again.
4) Is the qualification by random selection ?
4. read # 1 & 2 again.
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
5. read # 1 & 2 again.
6) When an amount is staked how long will this amount collect interest ?
6. Your question makes no sense.  Once you coins generate stake, they are added to your balance and are the eligible to stake again after 8 hours old.
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?

7. This is compund interest is calculated more info there.
    https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest
    I still don't understand PoS interest!
    Then think about it as 1% per year
8. Will locked wallets stake ?
8. No
9) Will encrypted wallets stake ?
9. Yes - if you unlock them, no if you keep them locked.
10) Will unopened wallets stake ?
10. No
11) will unecrypted wallet stake
11.  Yes unenecrypted wallet will stake without having to do anything
12) how make stake to be count ?
12.  Stake will be done automatically unless the wallet is encrypted/locked - This is the procedure to unlock an encrypted wallet
encrypt wallet with password, then use command :  walletpassphrase Yourpassphrasehere 99999 true
(99999) time to autolock again in (s).

13). How you can help Blackcoin rise?
Help others,join our growing community, speard around news about that coin arround.
14). I wan't just maxymalize my income what should i do ?
14. It looks naive but Donate why:
If someone will ever come here and see what power of community was managd to achievd with 0 premine he will invest.
1% now can give you +50% ore more in future this is how marketing works.
If you see that your money are wasted you wont donate anymore simple.
15) How donate ?
Threre are 2 types of donation for development and community bounties.
Like OP has writen progres in development adres in main post.

We have started a Community Bounty Drive.
Since BlackCoin has no premine there are no funds available for this and the Community
themselves will need to help out in this regard.
https://bitcointalk.org/index.php?topic=469640.msg5424176#msg5424176
3277  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 01:18:44 PM
That said, I'm a fan of dedicatedpool. Super-well managed, great community.

if only their autopayout was working correctly...
never received the last one, asked yesterday why it didn't have hany blackcoin transaction ID associated on the transaction page. no answer...


yesterday i have sent my 8k to my wallet without problem but it was manual request.
3278  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 12:55:29 PM
That should be pinned !


11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%


Update correct if needed guys.

    

So unencrypted open wallets do not stake? Only encrypted and open do?
It looks like, whole night nothing but in morrnig i encrypted and unlocked it added me 1% stake
3279  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 12:37:02 PM
What's going on with scryptominers pool? Last credit I received was from block 6032 and they found a lot of new block. Why do I not get any credit for that? (Yes, I'm mining there)
blocks needs 8h to be spendable don't worry now start be angry after 8h or 450 blocks.
3280  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | scrypt | PoS | No premine on: February 28, 2014, 12:34:28 PM
That should be pinned !

1) When do untouched balances stake [days] ?
1. Untouched balances are eligible to stake after 8 hours.  When they will actually stake is a matter of random chance, just like finding a PoW block.  But the chance improves the more coins you have and the older the coins are.(and you have 100% chance after year)
2) Will all wallets with untouched balances stake ?
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
3. read # 1 & 2 again.
4) Is the qualification by random selection ?
4. read # 1 & 2 again.
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
5. read # 1 & 2 again.
6) When an amount is staked how long will this amount collect interest ?
6. Your question makes no sense.  Once you coins generate stake, they are added to your balance and are the eligible to stake again after 8 hours old.
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?

7. This is compund interest is calculated more info there.
    https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest
    I still don't understand PoS interest!
    Then think about it as 1% per year
8. Will locked wallets stake ?
8. No
9) Will encrypted wallets stake ?
9. Yes - if you unlock them, no if you keep them locked.
10) Will unopened wallets stake ?
10. No
11) will unecrypted wallet stake
11) no i haven't staked with opened but unencrypted wallet i had stake after encrypt and unlock wallet it has add me steak 1%
12) how make stake to be count ?
12) encrypt wallet with password, then use command :  walletpassphrase Yourpassphrasehere 99999 true
wait 8h and wuala... then go to point 1.

Update correct if needed guys.

    
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