TIC... TIC... TIC...
In the world of white crime, quoting the unforgettable Gordon Gekko, "greed, for lack of a better word, is good". Translated to the world of crypto, this is probably the understatement of the century. We are all greedy. Hugely greedy. Discard any euphemisms such as "I want this coin to be #1", "I want crypto to change the world" and the myriad others that don't even try to hide the one and only motive behind it all: Greed. To be able to turn a minimal investment in tens, hundreds, thousand, millions or even millions of millions (they call them billions in some parts). Nothing else.
In the real world, greed is -supposedly- countered by legislation. Not in cryptoworld. This is the Wild West, unregulated and unexplored. And no laws apply (yet).
So here we have BlackCoin, a new alt coin that in just over 2 months has reached a high level of success strictly between traders, the greediest ones - I would know, I'm one of them-, run by The Doge of Wall Street (Rat4 is the dev and has only a loose idea of what is going on in the non-tech side of the coin and the other 3 count very little) who is also the 50% owner of the Multipool that gets ALL of BlackCoin's miners' business, not because it is the best, or the safest, or has the better plan, but because it is owned by the guy who runs things around here and that, maybe not too much now -but a significant amount nevertheless already- but stand to make a killing when/if a massive amount of miners come to the Multipool because BlackCoin makes them money. Mind you, The Doge IS BlackCoin, so no need for the competition to apply and offer kickbacks for the pooling business. Plus the fallback pool, CoinAlts, is already on board, enthusiastically, quite happy to play banana (and ball) to the Doge's pool because, well, something is definitely much better than nothing. And if this grows, as expected, there are definitely great possibilities of increased business in the future.
Now, let's debunk a relatively well hidden myth (not pre-mined) -or, to be precise, very little pre-mined. In fact, in the 7 days that BlackCoin was pre-mined, many millions of coins were actually mined. Many. By who, mostly? you guessed it: The Doge. Many others too, of course, but who was there, ready to rumble and fully equipped to amass massive amounts of the coin? again, you guessed it. How many? I have no idea. But I wouldn't be surprised if some of the bulkiest wallets in the top 20 were his. Again, no proof, no fuss, so do with this information what you wish. Let me tell you that I have proof that one miner, just a single one, mined over half a million Blackcoins in a few hours in one of those 7 days. With that info, you can speculate on your own.
Yesterday I penned a rather lengthy post about the so called "Foundation" trying to explain why it was a hasty land grab and why it was a totally illegitimate move seeking control of this coin ONLY for profit among the people self appointed to its board. Since, we have received all kinds of conflicting information about who is and who isn't on that future board. Apparently, theDoge -mind you, he's calling the shots here, no one else-, has not yet made up his mind. I also stated without any margin for doubt, why it was not ethical that a group of investors would be even remotely close to the pretended "foundation" and went on to explain what they could easily do, on any whim, to control the price of the coin and, logically, benefit from it. Well, I was already late: They have been doing it since day one. Openly, too. Not even bothering to hide. Pumping and dumping... only, theoretically, for show, marginally to TheDoge who may or may not -for him to demonstrate, impossible to prove because he surely has several wallets so showing what's on one will demonstrate nothing- have been dumping his probable millions of coins all along. "Maarx", who for now seems to be intent in remaining "honest", admits to having witnessed at least 5 such schemes in these few weeks. Those schemes took the coin, mind you, above 80k, maybe even 90k, don't recall. The enthusiast that bought on the "1BC = 1 Lambo" and other ra-ra's by "Soepkip" and co, have been halved, so far, or even "2/3-ded". That's damage to the little guy who happens to be honest and knows nothing about the manipulations that now we all know have happened ostensibly under the surface, continue happening now and will, indeed, continue happening under the auspices of "the foundation".
Everyone here knows that I was the first and most acid critic of IconicExplorer's dirty attempt at public manipulation and I want to believe that I had something to do with shooting down that ill-fated, ill-conceived scheme... well, it wasn't me or my critical position toward it what shot it down at all. It was "the group", of course, that wanted to just keeping doing it themselves, like they have been doing from day one. Total control. We now know that with their at least 8 million coins, they can do practically anything they want with the price, controlling it absolutely while benefiting daily from simply switching from Cryptsy to MintPal. That simple.
Everyone here knows that IE is a number of deplorable things, including a ruthless manipulator and as greedy or more than any of the rest of us, bar none. But everyone also knows that he is not a liar and that if anything has ever more importance for him than money, it is probably feeding his ego. He could have "played ball", he definitely was offered the chance to do so. So money was there for the taking, but he refused because he seems to have some very loose values applied to his ego that work in strange ways: He doesn't have any problem promoting a blatant manipulation of the market... as long as it is public -so everyone knows?- while he doesn't participate in back door conspiracies to do exactly the same thing... but behind the backs of the innocent investors who are the ones that are going to be hurt by them. It is a strange ethic, but some ethic, nevertheless. Since I dislike the guy I will have to admit to another peculiar ethic of his that I find admirable: He doesn't believe in unpaid work.
Finally, everyone here knows, clearly, that IE is not a dummy. He may not be the sharpest knife in every kitchen, but obviously he has proven repeatedly that he is not a dumb tool. With that in mind, what would he have to gain antagonizing the bigger part of the dev team -Gritt, Soepkip and the other guy -cant remember his handle off the cuff-, besides all the big-pocketed "investors" that have rushed to grab the land of "the Foundation" following clear instructions to do so by TheDOGE? His quite solid reputation for tirelessly working to increase the price of BlackCoin cannot be argued, not by me -and I find most of his efforts absurdly gimmicky, plus I don't like the guy per se one bit- not even by any detractor of which he had, until recently, none or very, very few. He stood to gain ABSOLUTELY NOTHING from his exposee. N.O.T.H.I.N.G. -at-all. And, obviously, he would be subjected to all kinds of smearing attacks, legal threats -none of them will materialize, by the way- and discredit campaigns so he won't be able to even sell a single card more. Why would he do it? No, the ego thing? sorry. I know about that significantly more than anyone here and nope, the opposite would be true. If anything his ego would have made him compromise in exchange for a more positive limelight... Incredibly as it might seem, even to me, it is evident that IE's exposee has been made public to take the mask off the conspirators, to make sure the community knows what's going on under the surface and who's the puppet master and to put the ball on our (the community) court. Not only everything he has posted is true, he more than probably has the means to prove it.
What he doesn't know, hilariously, is that it doesn't matter, really. Oh BlackCoin will self-destruct inevitably, no question about that, but in the meantime, this is going to be brushed aside not because the accusations are not true -they are-, but because a active members of the community, in its vast majority, not only simply do not care, but also accept it as "part of the deal". This is, after all, lawless land, remember? So everything actually goes. And what 99% of them want is to see the coin finally break above 30k, it doesn't matter if it is manipulated of not. They are in it for the thrill of the instantly gratified greed, for nothing else. "Pumps and dumps? Part of the deal. Conspiracies behind doors? more power to them, how do I join so I make sure I will not be the one holding the bag? People getting seriously hurt? Huh? they should have known better and not invest in crypto anything they wouldn't be ready to lose...
So the tic..tic..tic... of the bomb keeps on ticking towards it's inevitable implosion. The wise have already started to run for the exits. The crooks will just keep going along as there sheep still to sacrifice and the ra-ra crowd... well, they will keep on with the smearing campaign that, obviously, now will include me too, as the events grant.
Entertaining, indeed.
Seems Legit. So, who mined more than half a million coins, The Doge?. And where are those coins now? I can help with blockchain audits, if required. Why did I not see TheDoge around before mid- march? Your claims seem crazy, but go ahead, give us a small summary and some proof or starting point. The individual who mined over half a million coins in a few hours has made that claim public (specifically 520,000 in about 8 hours if I remember correctly). He also claims to have sold them I believe around at 10k satoshis. And he is quite present and available in another forum, so no mystery there. |
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barabbas: Then we all have here a problem...
A coin without a supporting GROUP can hardly came up between these 10000 Shitcoins,
If theres no group who holds some of the coins there is no motivation.
How do you think is it possible to make a coin todays which is not self-destructing?
Blackcoin is IMHO the best you can get ATM, how to make an ALTcoin successful like Litecoin in your opinion?
It already exists: It's called, as you know already, Litecoin. Any progress from here, unfortunately -and obviously-, will require strictly enforced regulation. Meanwhile, it's Crooksville. |
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TIC... TIC... TIC...
In the world of white crime, quoting the unforgettable Gordon Gekko, "greed, for lack of a better word, is good". Translated to the world of crypto, this is probably the understatement of the century. We are all greedy. Hugely greedy. Discard any euphemisms such as "I want this coin to be #1", "I want crypto to change the world" and the myriad others that don't even try to hide the one and only motive behind it all: Greed. To be able to turn a minimal investment in tens, hundreds, thousand, millions or even millions of millions (they call them billions in some parts). Nothing else.
In the real world, greed is -supposedly- countered by legislation. Not in cryptoworld. This is the Wild West, unregulated and unexplored. And no laws apply (yet).
So here we have BlackCoin, a new alt coin that in just over 2 months has reached a high level of success strictly between traders, the greediest ones - I would know, I'm one of them-, run by The Doge of Wall Street (Rat4 is the dev and has only a loose idea of what is going on in the non-tech side of the coin and the other 3 count very little) who is also the 50% owner of the Multipool that gets ALL of BlackCoin's miners' business, not because it is the best, or the safest, or has the better plan, but because it is owned by the guy who runs things around here and that, maybe not too much now -but a significant amount nevertheless already- but stand to make a killing when/if a massive amount of miners come to the Multipool because BlackCoin makes them money. Mind you, The Doge IS BlackCoin, so no need for the competition to apply and offer kickbacks for the pooling business. Plus the fallback pool, CoinAlts, is already on board, enthusiastically, quite happy to play banana (and ball) to the Doge's pool because, well, something is definitely much better than nothing. And if this grows, as expected, there are definitely great possibilities of increased business in the future.
Now, let's debunk a relatively well hidden myth (not pre-mined) -or, to be precise, very little pre-mined. In fact, in the 7 days that BlackCoin was pre-mined, many millions of coins were actually mined. Many. By who, mostly? you guessed it: The Doge. Many others too, of course, but who was there, ready to rumble and fully equipped to amass massive amounts of the coin? again, you guessed it. How many? I have no idea. But I wouldn't be surprised if some of the bulkiest wallets in the top 20 were his. Again, no proof, no fuss, so do with this information what you wish. Let me tell you that I have proof that one miner, just a single one, mined over half a million Blackcoins in a few hours in one of those 7 days. With that info, you can speculate on your own.
Yesterday I penned a rather lengthy post about the so called "Foundation" trying to explain why it was a hasty land grab and why it was a totally illegitimate move seeking control of this coin ONLY for profit among the people self appointed to its board. Since, we have received all kinds of conflicting information about who is and who isn't on that future board. Apparently, theDoge -mind you, he's calling the shots here, no one else-, has not yet made up his mind. I also stated without any margin for doubt, why it was not ethical that a group of investors would be even remotely close to the pretended "foundation" and went on to explain what they could easily do, on any whim, to control the price of the coin and, logically, benefit from it. Well, I was already late: They have been doing it since day one. Openly, too. Not even bothering to hide. Pumping and dumping... only, theoretically, for show, marginally to TheDoge who may or may not -for him to demonstrate, impossible to prove because he surely has several wallets so showing what's on one will demonstrate nothing- have been dumping his probable millions of coins all along. "Maarx", who for now seems to be intent in remaining "honest", admits to having witnessed at least 5 such schemes in these few weeks. Those schemes took the coin, mind you, above 80k, maybe even 90k, don't recall. The enthusiast that bought on the "1BC = 1 Lambo" and other ra-ra's by "Soepkip" and co, have been halved, so far, or even "2/3-ded". That's damage to the little guy who happens to be honest and knows nothing about the manipulations that now we all know have happened ostensibly under the surface, continue happening now and will, indeed, continue happening under the auspices of "the foundation".
Everyone here knows that I was the first and most acid critic of IconicExplorer's dirty attempt at public manipulation and I want to believe that I had something to do with shooting down that ill-fated, ill-conceived scheme... well, it wasn't me or my critical position toward it what shot it down at all. It was "the group", of course, that wanted to just keeping doing it themselves, like they have been doing from day one. Total control. We now know that with their at least 8 million coins, they can do practically anything they want with the price, controlling it absolutely while benefiting daily from simply switching from Cryptsy to MintPal. That simple.
Everyone here knows that IE is a number of deplorable things, including a ruthless manipulator and as greedy or more than any of the rest of us, bar none. But everyone also knows that he is not a liar and that if anything has ever more importance for him than money, it is probably feeding his ego. He could have "played ball", he definitely was offered the chance to do so. So money was there for the taking, but he refused because he seems to have some very loose values applied to his ego that work in strange ways: He doesn't have any problem promoting a blatant manipulation of the market... as long as it is public -so everyone knows?- while he doesn't participate in back door conspiracies to do exactly the same thing... but behind the backs of the innocent investors who are the ones that are going to be hurt by them. It is a strange ethic, but some ethic, nevertheless. Since I dislike the guy I will have to admit to another peculiar ethic of his that I find admirable: He doesn't believe in unpaid work.
Finally, everyone here knows, clearly, that IE is not a dummy. He may not be the sharpest knife in every kitchen, but obviously he has proven repeatedly that he is not a dumb tool. With that in mind, what would he have to gain antagonizing the bigger part of the dev team -Gritt, Soepkip and the other guy -cant remember his handle off the cuff-, besides all the big-pocketed "investors" that have rushed to grab the land of "the Foundation" following clear instructions to do so by TheDOGE? His quite solid reputation for tirelessly working to increase the price of BlackCoin cannot be argued, not by me -and I find most of his efforts absurdly gimmicky, plus I don't like the guy per se one bit- not even by any detractor of which he had, until recently, none or very, very few. He stood to gain ABSOLUTELY NOTHING from his exposee. N.O.T.H.I.N.G. -at-all. And, obviously, he would be subjected to all kinds of smearing attacks, legal threats -none of them will materialize, by the way- and discredit campaigns so he won't be able to even sell a single card more. Why would he do it? No, the ego thing? sorry. I know about that significantly more than anyone here and nope, the opposite would be true. If anything his ego would have made him compromise in exchange for a more positive limelight... Incredibly as it might seem, even to me, it is evident that IE's exposee has been made public to take the mask off the conspirators, to make sure the community knows what's going on under the surface and who's the puppet master and to put the ball on our (the community) court. Not only everything he has posted is true, he more than probably has the means to prove it.
What he doesn't know, hilariously, is that it doesn't matter, really. Oh BlackCoin will self-destruct inevitably, no question about that, but in the meantime, this is going to be brushed aside not because the accusations are not true -they are-, but because a active members of the community, in its vast majority, not only simply do not care, but also accept it as "part of the deal". This is, after all, lawless land, remember? So everything actually goes. And what 99% of them want is to see the coin finally break above 30k, it doesn't matter if it is manipulated of not. They are in it for the thrill of the instantly gratified greed, for nothing else. "Pumps and dumps? Part of the deal. Conspiracies behind doors? more power to them, how do I join so I make sure I will not be the one holding the bag? People getting seriously hurt? Huh? they should have known better and not invest in crypto anything they wouldn't be ready to lose...
So the tic..tic..tic... of the bomb keeps on ticking towards it's inevitable implosion. The wise have already started to run for the exits. The crooks will just keep going along as there sheep still to sacrifice and the ra-ra crowd... well, they will keep on with the smearing campaign that, obviously, now will include me too, as the events grant.
Entertaining, indeed.
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Holy shit the centralization argument still? How do you centralize something you control a fraction of? Seriously how much could they possibly control within the group that is likely "the foundation" - 3% is my estimate, topping out at 5% - and anything suggested over 10% is patently absurd. I've been with this coin since minute fucking zero, every day. The people you accuse of "centralizing" don't have the marketshare to centralize the currency you halfwit.
It's a troll at this point. He's ignoring simple math.
+1 Hahaha - that was a good post. Wonderfully concise too. This womanish blather and self-righteous pomposity has grown to biblical proportions. So much so it has transcended itself, and gone from being massively irritating to hysterically funny. While sex, race and the perpetual fight against our own mediocrity are powerful motivators, hardly any of those would justify -to ourselves, for no one else would be fooled by it- our mendacity. Hysterical enough? |
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RUNNING A FEW NUMBERS...
This proposed -or real- "Foundation", for what we all know by now, will be comprised of 15-20 individuals "that were here more or less from the beginning" and that are all well know to the community... well, since the whole thing exists only for just over two months, how "well known" can they be?
But since the ra-ra mentality is obviously much more active here than the simplest exercise of critical thinking, let's try some numbers so no one can claim "oh I didn't understand the potential ramifications and dangers. It is already established that the proposed -or real- "Foundation" is, in reality, a "Group of Investors" in which Rat4 and The DOGE take part. There's no other purpose, NONE, that supersedes the main if not only purpose of a "group of investors". By simple and pure definition: To make profits, i.e.:Money. Pure and simple. No ifs, no buts.
With that in mind, I believe it is safe to assume that of those 15-20 investors now in the proposed "Foundation", we will find that they hold most if not all of the top 20 BlackCoin Wallets. And maybe quite a few spares. That's by themselves, not even counting family members, friends or associates already converted to the BC "faith". Remember, the MAIN interest of such group, by definition, is to obtain profits, ok? Now, place yourselves in a position in which you personally or a group of "yous", own double or triple the amount of BC that is traded daily in the exchanges. And just limit the vision, for concentration and clarity purposes, to the two main exchanges, MintPal and Cryptsys. I'm sure you can easily see the unlimited possibilities... on arbitrage alone... which means simply selling in one place and buying in the other while actually maintaining the same amount of BC at the end of the day. Even at $0.12 a piece, the current price, you can easily imagine that such activity, even at much lower levels, would produce dreamlike kind of profits with practically no risks whatsoever. Will the Investors Group in the "Foundation" do this? Of course not, will they? Can they do it, exceptionally or on a regular basis? YOU answer that question. There's a reason why such a thing would mean jail time -extensive- if it were to happen in the real world.
But since we are all being so proactive, so well mannered and putting extensive amount of ribbons to everything that we post not to hurt too many sensitivities, one would actually believe one has entered the Twilight Zone. Now we have this "generous" guy, Colin, that offers to match up to $5k whatever donations, as it this were some kind of telethon. It is already a freaking circus with a bunch of people vying for who comes with the most outrageous idea of what to do so they can sell at 37 and buy back at 30 and brag about it. It is greedy beyond words, pathetic to extreme that such amount of real resources, which could save hundreds of children's lives, quite literally, would be used in this dick-measuring context for the ONLY purpose of getting a coin to trade at 37 instead of at 30. There's no generosity in that. There could be a bunch of other adjectives, none even remotely being "generous"... and and I can see the question in the ever attacking "defense" coming... the answer is "not enough", ok? So you can save yourself the inevitable question.
Can the "Investment Group" exist and be called "Foundation" or any other name? Well, in fact it does already exist, obviously. Organized and ready for action as we saw in the campaign against IC over the weekend. The Land Grab had already taken place, just covertly. Now it is kind of official. You guys, the "community" can do whatever you want but we are BlackCoin and no one but us will ever have control over it. We are the devs and now we are also The Foundation. Marking territory. Besides, we have the coins. We can do anything we want. In fact, let's move the "discussion" to forums we absolutely control and where absolutely no dissenting words are ever allowed to be posted.
Well, there are no positives in that. No matter how you pretend to disguise it. Like I warned before, it will prove sooner, rather than later, BlackCoin's undoing. A pity because I love the gorgeous logo. But calls for reason, sadly, are an exercise in futility. Hopefully not too many people will be severely hurt by the inevitable.
Now back to your previous ra-ra's.
I know you are an intelligent individual, and I am being sincere. After going back and reading what you have written lately, including this current post, I now realize you are more intelligent than I previously gave you credit for. However, your message gets ignored because of your "hateful" tone. I can guarantee if you change your tone and dial it back a bit more people would listen to your point of view. The brilliance was always there, from the get go, but it was a given that not apparent to all... kind of like Tolstoi or Camus, not accessible to everyone. My posts, as I have noted several times, only tried to bring the power of reason, common sense, and a sober vision of a long term future away more than the next 10 or 20 -or even 500K -satoshis... which is the only things that transpires here (or at IRC). To give some perspective beyond the feverish greedy rush that seems to motivate many -you included-. Those efforts, I realize, are futile for the most part. So be it, it is what it is. Kind of what you surely will experiment soon enough: No matter how well you know your children are about to make terrible mistakes -otherwise easily avoidable-, you just cannot prevent them from making them. I will witness, with resigned sadness, the self destruction so many times seen before. This is, indeed, the chronicle of a destruction foretold. We humans are, after all, the only animals in the planet that would stump twice -and more times- on the same stone. |
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So talked with soepkip on IRC and he's refusing to talk about foundation until 24-48 hours, was not upfront about his what he did right away, but then came out with it. He's posted this some time ago. Again:
I'm NOT the Dev.
I DO control the website, twitter and facebook accounts since there where none at the start of the coin.
I HAVE been trying to get in to contact with the dev, rat4.
If you need him: Message him on BTCTalk and he'll get around to it. https://bitcointalk.org/index.php?topic=469640.msg5419103;topicseen#msg5419103So if Soepkip is on the foundation, that is conflicting interest. Since foundation is just a group of investors they say. something is rotten in the state of denmark. As per the DOGE of Wall Street, only him and Rat4 are both members of the dev team and of the foundation. That means, specifically, that Soepkip is NOT a member. |
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It all starts with good intentions but end with insider knowledge on a trade-market
If something goes wrong in the future of blackcoin the foundation members will be informed first so they can cash out before the general public knows the bad news.
That is ILLEGAL.
That's the dark-side of the "we're just doing PR"-foundation.
+++ |
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... it's not gonna happen on our watch.
It has already happened. |
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RUNNING A FEW NUMBERS...
This proposed -or real- "Foundation", for what we all know by now, will be comprised of 15-20 individuals "that were here more or less from the beginning" and that are all well know to the community... well, since the whole thing exists only for just over two months, how "well known" can they be?
But since the ra-ra mentality is obviously much more active here than the simplest exercise of critical thinking, let's try some numbers so no one can claim "oh I didn't understand the potential ramifications and dangers. It is already established that the proposed -or real- "Foundation" is, in reality, a "Group of Investors" in which Rat4 and The DOGE take part. There's no other purpose, NONE, that supersedes the main if not only purpose of a "group of investors". By simple and pure definition: To make profits, i.e.:Money. Pure and simple. No ifs, no buts.
With that in mind, I believe it is safe to assume that of those 15-20 investors now in the proposed "Foundation", we will find that they hold most if not all of the top 20 BlackCoin Wallets. And maybe quite a few spares. That's by themselves, not even counting family members, friends or associates already converted to the BC "faith". Remember, the MAIN interest of such group, by definition, is to obtain profits, ok? Now, place yourselves in a position in which you personally or a group of "yous", own double or triple the amount of BC that is traded daily in the exchanges. And just limit the vision, for concentration and clarity purposes, to the two main exchanges, MintPal and Cryptsys. I'm sure you can easily see the unlimited possibilities... on arbitrage alone... which means simply selling in one place and buying in the other while actually maintaining the same amount of BC at the end of the day. Even at $0.12 a piece, the current price, you can easily imagine that such activity, even at much lower levels, would produce dreamlike kind of profits with practically no risks whatsoever. Will the Investors Group in the "Foundation" do this? Of course not, will they? Can they do it, exceptionally or on a regular basis? YOU answer that question. There's a reason why such a thing would mean jail time -extensive- if it were to happen in the real world.
But since we are all being so proactive, so well mannered and putting extensive amount of ribbons to everything that we post not to hurt too many sensitivities, one would actually believe one has entered the Twilight Zone. Now we have this "generous" guy, Colin, that offers to match up to $5k whatever donations, as it this were some kind of telethon. It is already a freaking circus with a bunch of people vying for who comes with the most outrageous idea of what to do so they can sell at 37 and buy back at 30 and brag about it. It is greedy beyond words, pathetic to extreme that such amount of real resources, which could save hundreds of children's lives, quite literally, would be used in this dick-measuring context for the ONLY purpose of getting a coin to trade at 37 instead of at 30. There's no generosity in that. There could be a bunch of other adjectives, none even remotely being "generous"... and and I can see the question in the ever attacking "defense" coming... the answer is "not enough", ok? So you can save yourself the inevitable question.
Can the "Investment Group" exist and be called "Foundation" or any other name? Well, in fact it does already exist, obviously. Organized and ready for action as we saw in the campaign against IC over the weekend. The Land Grab had already taken place, just covertly. Now it is kind of official. You guys, the "community" can do whatever you want but we are BlackCoin and no one but us will ever have control over it. We are the devs and now we are also The Foundation. Marking territory. Besides, we have the coins. We can do anything we want. In fact, let's move the "discussion" to forums we absolutely control and where absolutely no dissenting words are ever allowed to be posted.
Well, there are no positives in that. No matter how you pretend to disguise it. Like I warned before, it will prove sooner, rather than later, BlackCoin's undoing. A pity because I love the gorgeous logo. But calls for reason, sadly, are an exercise in futility. Hopefully not too many people will be severely hurt by the inevitable.
Now back to your previous ra-ra's.
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The conflict of interest is that, you (and the others) being board members of the proposed "Foundation" and therefore privy to inside information of all kinds, would of course have a serious conflict of interest since you are invested in the coin and could (would) act on that information to either buy or sell the coins with an unfair advantage. I am pretty sure you are aware of the laws that prevent such things to happen -or are designed to- in the real world, so surely you also see that inevitable conflict of interests, don't you?
Thanks in advance for addressing the matter.
It's possible. I can't discredit the notion. But the foundation itself started as a group of investors who pledged to each other that they would hold and build a better coin. It's sort of like going to reddit.com/r/bitcoin and calling it inside information. It's really just a bunch of excited people trying to promote an idea.. The only inside information we have is that we are trying really hard to make our holdings worth more. That's about the only way I could address that. I mean if you think it out there aren't that many examples of things we could take advantage of. Unless we were actively trying to pump and dump the coin and manipulate prices, but if this was another pump and dump group we certainly wouldn't be paying for a PR firm, or addressing community concerns... I can't convince you to trust us, only our actions can.. I hope this helps. I though we were trying to be clear and honest. And nice. No, sorry the analogy is very poor. I have gone some lengths to explain to you what an insider is and what are the legal limitations imposed on them. I will further point out the really stern discipline measures the SEC -and even the FBI- dispenses to those who violate those laws. This is a coin worth $0.13 but, in the future we all hope it will be worth much more. But even right now, you already are in possession of privileged information that only that group knows about- i.e. the name of the PR Company-, that could mean an important push of the coin's price when made public, so why wouldn't you, your friends and families, as well as those of the rest of your group, buy cheap and dump what you bought, at or near the top of the range once the news hit the street? There are no laws in crypto that would punish such actions so, why wouldn't you and or your co-foundation buddies do it? Today, for instance, I have read Arigard brag about his trading on IRC, so I imagine he is quite the active trader and maybe in sizable amounts. He is also in this foundation of yours, isn't he? It isn't a matter of trust, unfortunately. Not even a matter of trust... but verify. It is, in fact, a matter of there not being a need at all for a controlling foundation and one being rammed down every investor's throat, which is quite a different matter. Nobody, but those 15-20, will benefit from the existence of the foundation (if you guys want some actions, you could just the same present them and even sponsor them is you feel strongly enough about them... including the notion of the PR firm hiring). So, once again, why a foundation for a coin that is doing very well indeed without one and that is only 2 months old. Lets forget about being disingenuous, shall we? This is clearly a political land grab to ensure the control and centralization of BlackCoin. Nothing else. And very well could prove to be it's undoing. |
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barabbas I do not have 800k. That whole ledger looks wrong. I have not made a single transaction since 4/28. I don't know what that is showing.
edit: I asked for explanation and apparently staking is somehow shown as transactions... and when you see 800k it is at the end of the block in which 400k staked?
I do not understand it myself but I hope you will investigate and come to your own conclusions. Perhaps there is a better blockchain viewer?
http://blackcha.in/address/B83HKi1wqsZHqJSH6u24CYUxyqD51VKRrEEven more confused. Apparently the figures taht I and everyone can see posted, are not real, a mirage of some shorts; another guy posts the same identical link and blkuntly states that the wallet has never had anything higher that 500k. And now (thanks Substuppel) another viewer is posted that shows that the account wallet has in facta held over 600K at some point. How to reconcile this? To a newcomer to BC, how would this look? Scammy? Just plain confusing? Not inviting, that's for sure. Is there any link to the REAL, one and only blockchain that shows, without any possible room for doubt, what have been the transactions? Talk about cleaning house... And, by the way, Arigard and the resty of those 15-20 people self-appointed to the future "Foundation", no one else wanting to come forward ans say who they are, what do they bring to the table and what are their stakes and where so we can see what is the level of their interests? Anyone? Haven't you got anything better to do than constantly criticising everything involving Blackcoin? What is your purpose here? Every post I've ever seen of yours is constant negativity and bashing things. mr_random thats saying a lot coming from somebody like yourself who has a strong history of going to other coin's threads to bash them and be constantly negative. There are certain behaviors hard to avoid, trades of personality, are those figures called. And always, always surface. By the way, outside of this forum, where I insist on being the sobering voice of reason and common sense, I am quite the cheerleader of BC... Nothing that makes me good, bad or in between, for I do for 2 fundamental reasons: I am heavily invested in BC, one; and two, I believe this coin has a chance of not only reaching much more higher levels but actually have a future... which is way more than many of the ra-ra children who post shit in this forum probably even fathom. |
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Thanks Barabbas. Is there anything I haven't addressed for you as of yet? And if so can you present it one point at a time for ease?
Thanks morituri13. Your legal name would be nice. And I would assume, unless you state otherwise, that that is the only wallet you or any family member or friend/associate control. Also, although not directed to you before, you sure should address the question of conflict of interest posed to the DOGE above. Thanks again. dude, are you completely insane now? why would anyone give that iinfo to a troll who does hide behind a nickname himself? @morituri13 one of the negative side effects of you staying off the forums until now is, that you do not know the stealth trolls. ignore that guy. The info, which is just a legal name, is not to me, regardless what you choose to consider me, but to the entire community to which he apparently is pledging to serve as a member of the Foundation. In the normal world, it is a legal obligation and it doesn't imply any negativity whatsoever. Nor should it in crypto world either. Again. Regardless of what choose to consider me, I am nothing more nor less than an investor in this coin looking for transparency, legitimacy and hoping to help in whichever manner I can so there's a future in this coin beyond the next few hours of trading. What exactly are your interests? And why the personal attack that would achieve what all personal attack do, i.e: nothing? Children will be children, I guess... We all know that every single of your posts with more than one line contains some negativity. You may cloak it quite well, but you can only fool people who did not follow your posts for a while. A normal troll would put all that shit into one post, you split it carefully but do the same in the end. If you are for that much transparency: would you be able to send a signed message from an address iwith a significant amount of BC? Until you do, i will see you as and call you a troll. And by the same line of thinking, only much more educated, I will keep on considering you a total idiot. So? |
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Thanks morituri13. Your legal name would be nice. And I would assume, unless you state otherwise, that that is the only wallet you or any family member or friend/associate control.
Also, although not directed to you before, you sure should address the question of conflict of interest posed to the DOGE above.
Thanks again.
Barabbas I think if this forum had asked for my full name two days ago I would have surely given it. But I hope you can understand my current reluctance to do so. Also, it is not really necessary. I am the person who types these characters, you may trust me or not, my given name lends to me nor detracts any additional credence. I do not control any secondary wallets, apart from mintpal wallet which is currently empty. I do control the wallets used for the PR donations but I don't believe this is within the scope of your question. Could you repeat the conflict of interest question as succinctly as possible? Also, I apologize, I am leaving very soon, so I hope you don't mind my response coming later. Thanks again morituri13, please read my retort to the spontaneous volunteer regarding the implications of giving a legal name... The conflict of interest is that, you (and the others) being board members of the proposed "Foundation" and therefore privy to inside information of all kinds, would of course have a serious conflict of interest since you are invested in the coin and could (would) act on that information to either buy or sell the coins with an unfair advantage. I am pretty sure you are aware of the laws that prevent such things to happen -or are designed to- in the real world, so surely you also see that inevitable conflict of interests, don't you? Thanks in advance for addressing the matter. |
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Thanks Barabbas. Is there anything I haven't addressed for you as of yet? And if so can you present it one point at a time for ease?
Thanks morituri13. Your legal name would be nice. And I would assume, unless you state otherwise, that that is the only wallet you or any family member or friend/associate control. Also, although not directed to you before, you sure should address the question of conflict of interest posed to the DOGE above. Thanks again. dude, are you completely insane now? why would anyone give that iinfo to a troll who does hide behind a nickname himself? @morituri13 one of the negative side effects of you staying off the forums until now is, that you do not know the stealth trolls. ignore that guy. The info, which is just a legal name, is not to me, regardless what you choose to consider me, but to the entire community to which he apparently is pledging to serve as a member of the Foundation. In the normal world, it is a legal obligation and it doesn't imply any negativity whatsoever. Nor should it in crypto world either. Again. Regardless of what choose to consider me, I am nothing more nor less than an investor in this coin looking for transparency, legitimacy and hoping to help in whichever manner I can so there's a future in this coin beyond the next few hours of trading. What exactly are your interests? And why the personal attack that would achieve what all personal attack do, i.e: nothing? Children will be children, I guess... |
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Thanks Barabbas. Is there anything I haven't addressed for you as of yet? And if so can you present it one point at a time for ease?
Thanks morituri13. Your legal name would be nice. And I would assume, unless you state otherwise, that that is the only wallet you or any family member or friend/associate control. Also, although not directed to you before, you sure should address the question of conflict of interest posed to the DOGE above. Thanks again. |
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Thank you Thomas-s the third chart looks accurate.  Barabbas, please use that website! And please be nicer I am trying to be as polite as possible! I am in fact being quite nice and polite. Perhaps you misunderstood me? I find you coming forward this way, and have stated so before, transparent and quite legit. Not being able to discern the contents of a Wallet is what looks very confusing at best, which is not your fault, of course. We should all try to be polite and nicer. ALL. Which is not to avoid transparency. That is, really, NOT nice. And once again, I praise and thank you but being the first and so far the only one opened to scrutiny. |
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barabbas I do not have 800k. That whole ledger looks wrong. I have not made a single transaction since 4/28. I don't know what that is showing.
edit: I asked for explanation and apparently staking is somehow shown as transactions... and when you see 800k it is at the end of the block in which 400k staked?
I do not understand it myself but I hope you will investigate and come to your own conclusions. Perhaps there is a better blockchain viewer?
http://blackcha.in/address/B83HKi1wqsZHqJSH6u24CYUxyqD51VKRrEEven more confused. Apparently the figures taht I and everyone can see posted, are not real, a mirage of some shorts; another guy posts the same identical link and blkuntly states that the wallet has never had anything higher that 500k. And now (thanks Substuppel) another viewer is posted that shows that the account wallet has in facta held over 600K at some point. How to reconcile this? To a newcomer to BC, how would this look? Scammy? Just plain confusing? Not inviting, that's for sure. Is there any link to the REAL, one and only blockchain that shows, without any possible room for doubt, what have been the transactions? Talk about cleaning house... And, by the way, Arigard and the resty of those 15-20 people self-appointed to the future "Foundation", no one else wanting to come forward ans say who they are, what do they bring to the table and what are their stakes and where so we can see what is the level of their interests? Anyone? |
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Some bullet points of significance:
-- The Doge: In the Blackcast, effectively, you said you rolled your joint but someone not paying attention to the preliminaries would have easily missed that and take that your were smoking grass as a statement... as, in fact, by your own recognition, you were making that statement only about tobacco. Sir, you came off, by far, the most eloquent of the group. By far. But your tobacco/grass statement was made and perceived by the audience and, sir, when you are representing BlackCoin, those "statements" are simply damaging for the image of Blackcoin. Besides, the three of you smoking seemed like a clumsy and blatant "product placement" of the tobacco/grass industry. You are obviously free to smoke whatever you want but you should think a few times what you do when you publicly represent BlackCoin. And someone should have advised you three that simultaneously smoking constantly during the blackcast was simply not acceptable. Naturally this critique would have more than probably be banned in your other forums: Contrary to pretensions otherwise, those other forums ONLY look for compliance, censorship and avoiding deserved -and beneficial- criticisms. You guys are NOT doing BlackCoin any good hiding in plain sight. You will have your followers, of course, but don't be fooled, the people investing in BlackCoin will go there where the TRUTH, in all it's sides and implications, is freely spoken, not to the "domesticated" sites you control.
-- morituri13 Who are you, sir? How much (in specific numbers and the wallet number for corroboration) have you invested currently in BC and what are your credentials to not only be a member of the "Foundation" but one outspoken one at it? "Small business owner" (thank you for at least giving that bit out), as in having an eBay seller account, hardly qualifies. But why don't you dissipate all doubts and tell us all who you are and how invested in BC you are.
-- Transparency. We all want it. Doge, we learned in the blackcast that when called you had "the team" ready. Who are them? What entitles them to be part of the proposed -or formed- "Foundation. As fellow investors, we NEED to know who this people are, what their level of investment is and why they volunteer to guide BC's destiny going forward, otherwise the entire group will be perceived as your sock puppets and we don't want to have that perception, do we?
-- Multipool. DOGE, I am still extremely confused about who is behind the multipool and running things there: Soepkip stated that the multipool "is not connected with the dev team" and that "it is important but not vital to BC". If you are "the man" behind that business (and that is exactly what it is, a profitable business, aside and benefiting from BC), can you please clarify? Who runs things at the Multipool, on the controlling side and on the tech side? and is it or isn't it a part of the BC project or a separate business profiting from it, meaning YOU, profiting from it? Look, you have invested time, money and a lot of effort in bringing this coin out and are responsible for it's success so far. If you are really invested in it, you have profited already enormously, to the tune of many thousand % of whatever was your initial investment. And that big stash of BC will make you even richer, very much richer indeed, if BC reaches a substantially higher valuation. THAT, sir, should be your motivation. If the multipool is a business on the side, then it should compete in offers with other pools ready to take on the BC business and RESPONSIBLE for whatever shortcomings -and DDOS attacks- they may have. If one multipool fails, for whatever reason, there have to be immediate back ups in numbers to insure practically flawless, continuous operation. If the multipool is in fact a "side business" or yours. If it is a business of BlackCoin, meaning all proceeds from it go to BlackCoin development, we need to have that aspect clear as clear water.
On the multipool point: Who makes the decisions as to what coins are mined? and why, which are his qualifications for that, what the strategy? Are the mining proceeds converted to BlackCoin immediately, regardless of the trading rate or, as I have read, those proceeds are first converted to BTC, held, and then converted to BC on "dips". Finally, officials at Cryptsy have stated that the delays reported and blamed on them yesterday, regarding payouts to miners, were in fact Multipool's fault for not having established 2FA, which is required from everyone. What was it?
-- Iconic's attacks. Although there's some poetic justice in the developments of the last 48 hours on that field (he's the one prone to promote bannings of dissenting people... dissenting with some or all or his opinions/methods), the juvenile peculiarity of the attacks, the viciousness in some cases and the totally inappropriate way of going about it by a seemingly coordinated gang, totally discredits those -including the devs- who have willingly and repeatedly participated, instead of the chosen target. Once again, I find the guy generally regrettable, an out of control dangerous egomaniac without capability of accepting criticism and in on this to make a buck by any means he find necessary, both on the coin valuation and on side business such as his card. But the attacks on him personally are, clearly, politically motivated. I don't personally know how much has he invested in BC but I am fairly sure he won't have any problem showing his wallet for everyone to see. If for no other reason that to keep him in check and benefit from some of his ideas, the proposed "Foundation" should have offered him a seat in their board. But it seems that the Foundation, with or without quotes, is more or less a fan club (of the DOGE) grabbing territory before "that crazy guy" gets the bulk of the community on his side and actually running things". Hastily doing so, can easily prove to be counter intuitive and obviously shows weakness. Repercussions, potentially serious ones, are sure to follow.
The "team" is me and St.Gnu + 3 developers that I pay out of pocket to work full time for us. They are not in the foundation, they are employees of LDG, they are my employees that get paid from my pocket, and I don't feel I have to justify to you are anyone why I hired them. I run the pool along with St.Gnu, we are 100% equal partners, and an algorithm decides which coins to mine, the reason the acct didn't have 2fa is cause it was a brand new account, and required more than one person to access it for a day or two while we set up our automated liquidation system. Since 2FA makes it impossible to share an account, we had to forego it (although it's active now.) Another problem we ran in to, was cryptsy locks new accounts that have influx of a large volume of coins (we did not know this, and our account is fully vetted to the maximum degree now.) I don't know how you are calculating profit, but everyone can see our hash rate, what coins we mine as well as how many blocks of that coin we get, and then do a calculation on how much we earn. Trust me when I say it's not a lot (go on do your own math and figure out what 2% from our daily haul.) It's not nearly enough to sustain the development that I am currently managing. Yes the pool fees are great for covering things like the server costs, cloud flare (200 dollars a month alone) as well as any little ol' problems that pop up and require some money (and they always do.) How ever these fees do not come even close to covering 3 peoples salaries week to week. Me and gnu have given up and foregone profit, I am working the pool full time and so is he. We pass all of our profit along to the other programmers, including whatever's left of the fees after the server and cloudlfare are paid out. We have never once asked for a penny from the community, and have declined numerous donations. The foundation consists of community members outside of the dev team, me and rat4 are the only people from the dev community that are on the foundation so far (as far as I know.) We are currently working on a website that will be up with in a day or two, that will introduce everyone to the current foundation members. There's about 15-20 foundation members, all well known from the community since day 1. The website will not only provide full transparency of who is on the foundation, but will allow people to see current active foundation projects, and even possibly vote on where to focus the foundation's efforts next. Transparency, I understand everyone wants it, but it takes time to build the tools to make sure that transparency is readily available. It's coming with the website, and will be greater expanded as we create the tools necessary to open up information to everyone. I have even put my designer (that I am paying from my own pocket) to design the website, so it looks nice clean and professional, and all the information will be delivered in a nice coherent manner. The multi pool is just one tiny facet of what we are developing, and our multi pool will be the most advanced multi pool available on the internet. Even the features we are pushing and testing today such as bucketed dynamic hash rate assignment per coin to maximize the amount of blocks being mined with out running in to the diminishing return problem of over saturating a coin have never been seen in a multi pool before. If you have any further questions, or feel that I have answered anything in an unsatisfactory manner, feel free to contact me in IRC, if I am awake I answer 99% of all PM's, or send your questions to the BlackCast, and I will gladly answer them on air. Thanks. Edit: Also as far as Iconic is concerned and a board seat for him, although membership is available to mostly any one who is interested in joining, and has some resources to commit, I highly doubt after all of the attacks on the foundation, the development team and the community that the foundation would consider his membership. Had he approached this civilly, there would be absolutely no reason why he would not be able to have a seat on the board. Thank you for your answers. Just to make sure I "get it": The Multipool the is, in fact, a business owned by you and St.gNU?, right? Nothing to do, otherwise, with BlackCoin with which you would be operating is an associated basis with no payment either from or to BlackCoin, right? Of course, as such, you are under no particular obligation to justify who you employ in the multipool business but you are still 100% responsible for it's security, fluency in payouts and strategy (when, how and where are those mined coins converted to BC, specifically). And back up. Responsible to BlackCoin which would make a very strong point of having "plan B" since this wonderful pool is susceptible to very efficient if basic attacks. DOGE, what the business of the pool makes is irrelevant, you understand. You are in it because it is profitable one way or another to you, otherwise there are lieterally thousands of multipools that would more than gladly take our business in a split second. And they make profits and charge, in some cases, less fees than yours do. Just making sure we are clear in different points. In a different post previous I state why the idea of the Foundation is a terrible one that will in fact, potentially, destroy BlackCoin, please read it. That they are "very well known" members of the BlackCoin community means absolutely nothing for no one really knows who is anyone else and very few have volunteered their positions and wallets (so far one, specifically) while it is abundantly clear that this group of individuals, their friends, family and associated would be exposed to in formation, constantly that allows them to take unfair advantage of the marketplace for BC. I know you personally care about BC being a currency with a great future... please give extensive thought to this because I am telling you right here, right now, it would mean the end of any possible future for BlackCoin. In a hurry. I don't think you quite grasp the meaning of "transparency". It cannot be provided by a website, so right there, forget it. A Forum like this, yes it'll work. A website that would continuously be full or "... and many more things we are working on that we cannot yet tell you about..." won't do anyone any good in that regard. There's no space in an open source community to secrets of any kind. If you want to mention -and you should- what it is you are working on that it is going to be so wonderful, just say what it is. Competition be damned... if we are not way better than the competition anyway, we are bound to failure so let them try, accept their challenge. Be the best. The PR autosilence? You are the paying customers, what the hell is this? You are dealing with a company, if they refuse you monday because you told your constituents who you were engaging, there are a thousand others willing to sign in on the account. You, we, BlackCoin is the customer, the account, the one paying them. We choose to be or not to be silent, not them. As IE's antagonistic stanza it should be just another indication as to why the idea of a "Foundation" at all is a very bad one simply with no potential benefit of any kind. Thanks again for your answers and your availability. It seems that you guys are intent in taking the debates to either irc or a more controlled environment. Well I will pose my questions here, as will others. It's for you to chose to answer them or ignoring them. I will be here. |
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Some bullet points of significance:
-- morituri13 Who are you, sir? How much (in specific numbers and the wallet number for corroboration) have you invested currently in BC and what are your credentials to not only be a member of the "Foundation" but one outspoken one at it? "Small business owner" (thank you for at least giving that bit out), as in having an eBay seller account, hardly qualifies. But why don't you dissipate all doubts and tell us all who you are and how invested in BC you are.
Hi barabbas. My short bio: I own over 400k BC. I once owned over 500k BC but I have given 80k BC to various projects, some to coinkite adoption, some to support the multipools black friday event etc. I own a small brick and mortar business (I don't know what the ebay comment is in regards to? Also I should note this business is not my primary source of income). At my real job, I am a project manager, and I have worked with the PR firm we eventually hired previously getting products into Hammacher Schlemmer but I am not by trade in PR or Marketing. Is this sufficient? Thank you for the relative transparency -your real name would have been a great improvement there- in presenting your bio and, above all, for the link to your wallet. I see that you seem to be quite a whale on occasion, having "played' widely in the last 2 months with roughly 400,000 BC, besides your core holding of another 400k. This sir could present a problem going forward: As you know, in the real world, so called "insiders" are legally barred from selling stock of their companies (or companies in which they have access to privileged information). I'm sure you clearly see the conflicting part that is the reason behind those laws... but here, we are in a sort of Wild West by which someone like you could greatly benefit from the information accessible to all "Foundation" members before it is made public, therefore, someone with your means, could easily increase his holding, by a double factor, on knowledge of some announcement likely to move the coin price, and proceed to dump it immediately upon the announcement. And still claim he has not touched his core position. Obvious conflict of interest, don't you think? You volunteered (thank you) that you have given 80k coins to different causes including Conkite and that once you owned 500K BC, when we can all see than once you owned significantly more than 500K. Now, please try and distance yourself a bit and tell me if you don't see that similar activity to the one shown by your wallet moves, cannot possibly be legitimately maintained in the future if you are, indeed, a member of the proposed Foundation. And, sir, let me ask you something else since you have shown intent on transparency: Is that the only wallet you own or control? Do family members or friends, or associates, have also wallets of BC? I'm sure you can see the very significant and clear conflict of interests that the sole idea of the Foundation presents... We all know that, at least by his own words, Soepkip own "about 100K BC" and that he only sells to "pay the rent". He's a member of the dev team, therefore privy to all shorts of inside info and I am pretty sure he chooses carefully his sales to benefit from that info. Not very ethical but unavoidable, I believe. But why add a whole huge scope of conflicting interests with 20 or more people with constant and direct access to info and projects from which they and their families, friends and associates can benefit, directly in detriment of the community at large? Of course, the bulk of the community only cares about the price currently breaking up or breaking down from 30k, so they will push and push and push for whatever they perceive to the catalyst that propels the price up -to their selling point, today, within an hour if possible- not about the future of the coin. Why would the proposed members of the "Foundation" be different when they can and will in fact benefit much more from their privileged acces to information, while still keeping "core positions" to show when, in fact those positions, core as they might be, are worth mnuch, much less than the proceeds from their trading and that of their friends, family and associates? On this alone I pledge that the idea of the "Foundation" should be a no go and that, if it is, it will provoke a massive run away from BC by both miners, traders and investors. In other words, the game would be blatantly rigged... actually, not in other words, in those exact words. So, once again appealing to saner minds, be sure any changes implemented will benefit -as opposed to destroy- this coin. The "Foundation" is one such change. |
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I've said this many times before on there, your multipool is an accomplishment and done something, you guys get credit for this, but again and again does it matter if it's not marketed? This game of cryptos is about 95% marketing right now, and 5% projects. Those projects will only pay off when the marketing is done on them or over time. You guys don't get this, and I don't expect you to.
5% of your hard working efforts will only be noticed. You need to grasp that when your working on projects. Only once BC becomes LTC status of BTC status will your hard work have paid off and be noticed. It will be in time, but as of now it's about development that will take BC to next level, it's about marketing. We need both, and I commend you guys on this part, but your not businessmen and please stop this foundation, you'll kill this coin. A note about Marketing for a moment
People are just crying MARKET MARKET MARKET, because they have no long term vision. 95% of people in crypto only care about the short term. Everyone goes on about market this and that, but if the infrastructure isn't in place to promote, then it's pointless to market anything. If the foundation did a drive to promote the multipool before v2 has been completed, then new miners would just see a WIP and get turned off. You can't just blindly market and expect it to work, it needs the right timing. Does no-one realize this? If the technology behind the coin is not in place, then all the marketing in the world will not matter, because attention will just be brought towards things that are NOT FINISHED. To complete a good marketing campaign you need to make sure that your systems are strong enough to support the attention you are going to receive. Right now our core markets are A) Crypto enthusiasts b) Miners and c) Forward thinking investors who see a future in Crypto. v2 is very close to being released, it will provide a very strong foundation for Black-coin. It opens up a sleek and attractive and more importantly, unique option to provide to the mining market. It is the most profitable pool out there, which in itself will bring people to it, but when it is finalized it will also be sleek, professional and will offer something NO OTHER POOL OFFERS. People have worked incredibly hard to create something in this multi-pool that will stand it above and beyond anything else that already exists on the market. If you for one minute doubt how important that is to the current Crypto environment, then why has every single copycat coin (and already existing coins) in the last month suddenly panicked themselves into finding a way to integrate Multipool architecture into their coins? I don't see every coin out there create USB cards, but I do see them building Multipools. I'm not trying to attack anyone here, I think any effort to help benefit this coin should be applauded, but I'm fed up with seeing people just clashing heads and down-talking other peoples work. If there is a criticism to be made of EVERYONE, it is that noone right now seems to be considering a long term plan and many questions are simply not being addressed in a unified way. Take a step backIn the last week the team has dealt with a severe DDOS (and put in considerable defenses against these and successfully negated follow up attempts), done the Blackcast to open themselves up to their current core following, prepared the v2 multipool front end, completed the v2 backend and put together a marketing strategy for WHEN EVERYTHING IS COMPLETED and ready to cope with external pressure. Blindly screaming MARKET MARKET MARKET will do more harm than good. Going to Wall Street and having the worlds attention turned to Blackcoin whilst many of the underlying areas are still being heavily worked on will simply apply too much pressure to areas that are already under stress. Give people a fucking break, let them finish the considerable work they are doing and be patient. Has anyone out there actually considered the harm that one big Wall Street Whale could do to Blackcoin? After the dump from 90k people were ready to kill themselves out of depression all over IRC and these forums. That is but a tiny fraction of what could happen if we open the market up to people that could abuse and manipulate our coin for their own benefit in a short period of time. Our market cap is CHUMP CHANGE, for some people out there in the financial world, think about that for a moment, before your eyes fill with dollar signs. Not only that, they know how to play people like us much better than we know how to play them. Part of marketing is thinking about the potential ramifications for the strategies you are putting in place, so let me ask a few questions for a moment. 1. Why are we targeting Wall Street? 2. Who is our target audience? Is it the world, is it the press, is it market traders? 3. What is our mission in attracting these people? Are we looking for patronage? etc etc Everyone wants this coin to be a 'Luxury coin' but answer these: 1. What luxury goods can you actually buy with it? 2. Are these markets unique to Blackcoin? I.E If you can buy them with Bitcoin, what seperate Blackcoin aside from words? I see a lot of blind yes men in this thread simply agree with things for the sake of believing that a) All marketing will be beneficial for the coin and b) that there is simply no need for timing. We can believe and make videos about Blackcoin being 'Luxury' all we want, but if you can't buy shit with it, then it's all just bullshit and people will see through it in seconds. You cannot market Blackcoin as a Luxury coin right now if there is zero infrastructure to back up that claim. It's simple. When we have deals with Lambourghini and Rolex allowing people to purchase their goods with Blackcoin, THEN, we can talk about marketing the coin to the wider public as a luxury, but until then, stop talking about it. What we have is different to a product, we are not selling a consumable, we are selling a means to purchase consumables. In that respect you cannot just drum up a campaign to convince people they want Blackcoin, especially if that campaign is based around using it for something that physically doesn't exist. Focus attention in the right areas and focus on the brand of the coin first and foremost. Timing is -everything-Look at our rise to 90k, why did that happen? Because multiple factors all came together at exactly the right time. We had the convention, where the Blackcoin Foundation were present, we had the Black Friday, we had the Wall Street investment and we had the timing to be the first PoS coin to really grab the crypto worlds attention. All of those together turned that weekend into a frenzy of BC buying power. Why didn't the rise continue? Because it reached a point where the fundamental development and infrastructure of the coin could not support the hype. Fast forward a month and we have people going crazy over marketing simply because they want some cash. Has anything really changed? Do we have the infrastructure to support such a rise? I would argue we definitely do not right now and that until Coinkite hits, we are still in exactly the same situation. Who knows what Coinkite will do? It might be incredible, it might not be, but until Blackcoin has a place in everyday society the mass public are not going to adopt it. Most people still don't even know about Bitcoin yet and it has only been in the last few weeks that I have been seeing "Bitcoin for dummies" videos over the local news channels (BBC etc). Right now our target audience should be miners and the crypto enthusiasts. Build upon that solid foundation, first convince the crypto world that Blackcoin is the coin that sets itself apart from the other alt coins and then once they have been won over we can worry about the wider world. Stop trying to rush things, stop trying to convince everyone that screaming to the roof tops will do more good than harm when the social infrastructure for this coin is simply not ready to be accepted into everyday life. Not even Bitcoin has achieved that, so how can we expect to? We can build towards it, we can begin to work out how it might happen, but if we just scream to anyone that will listen, their first impressions of this coin is going to simply be "Well what is the point? How do I use it?" From that standpoint, we need a PR team to help us with out ambitions, because I don't see logistics being answered, or even considered anywhere. Everyone is two steps ahead of where they should be. You can't force people to adopt blackcoin by ramming it down their throats, you need to be clever and have a clear plan that matches the social and technological progress of the product. My two cents. -Arigard. First, Arigard, who are you, since this is your second post ever. I would strongly disagree with you, marketing is everything above and beyond developement. Development is important, but takes is only part of this. Look at kittiecoin if you need a reference. They were huge on development and lacked on marketing. They didn't capitialize on memes, and wasted efforts on developing coin, which they at time had one of the strongest teams in crypto alts. They failed. DOGE on otherhand did most of what they did on hype and marketing. There is nothing special about DOGE, it's an alt LTC clone, but made itself one of the best coins out there. BTC, sure it was first, and got noticed cause of that, but it's being actively marketed on purpose or cause it was first. Either way it's being marketed. It has by far biggest market cap. Now tell me, anyone that understands cryptos would in a heartbeat point out how inferior BTC is to any alt, yet it demands prices of 400 + per coin. Its slow, lacking, outdated, energy intense. Yet BC is greener, fast, innovative, pure POS, not minable. If we can market these things we would be #1. Look outside community, not just inside the box. We have millions of people to reach. Hype and marketing will only do this, and will also bring more people on board as success follows success. Your putting the cart before the horse here. Now both are important, we just can't have a board of unelected programmers running the business operations with the blackcoin foundation behind the name of there effort. I just can't understand why more people here are not upset about this foundation forming, cause once you let it happen, good luck removing those in power positions. It will be near impossible. There is not democratic process to do so. First, I agree with 90% of what Arigard post there... all the way to the point where he turns around and endorses the PR initiative. So he has been telling us about the convenience of built the infrastructure first and then he goes on the totally OPPOSITE direction and tells us that the PR initiative is now the way to go. I totally disagree on that. Totally. There's -as you very well explain in the long post -no benefit in PR, none. First clarify what is it the makes BlackCoin an option that will survive; then get a lot of people to mine it by offering the best for the money multipool out there; simultaneously, get more merchants on board for withgout them, as you clearly point out, there's no benefit whatsoever to any PR, be it through gitzmos or stunts or coordinated by a PR firm. Once again, BC has done fabulously without any of them so far, why ANY have to be done at all? To pretend that BC will bring new money to cryptoworld is simply and insane pretension and, within cryptoworld, more money is SURE to keep on coming if the pool delivers and the trading keeps on bringing opportunities for traders/investors. Let it fucking develop, ok? Don't go out cheapening with overexposure to people that could care less about crysto and ridiculous hype. We DO NOT NEED marketing. At all. We need to do things right instead. On the technical side, on the actions and strategies of the multipool, on the transparency of the initiatives to keep it goin in the right direction. The same obviously happens with your post, Brammien, while I agree 110% with the last paragraphs, I strongly disagree with the previous ones (except the question about who Arigard is, I agree with that too), Irreconcilable differences? perhaps. Open debate. Let others express and reason themselves. And please, do not get carried away with hasty decisions, be it the PR initiative, the Wall Street bimbo march or the land grab of the "Foundation". Think, everyone, but above all, the 5 developers, of the future. It WILL come. No point in rushing potentially damaging actions. "With PR on our side, the sky is the limit" writes an obviously deluded Soepkip... what is "the sky", one BC=one lambo? The "sky" is the continuing interest of the crypto world, and that has already been achieved. The rest, is progression, with logical initiatives targeted to the crypto community and then, when there are freaking places where you can spend BC in a way that benefits the spender AND the merchant, then it would be time to market it... not to the entire world necessarily, but to the customers of those merchants and services providers. Keep the powder dry for it surely will be needed in the future, when there is a reason to use it. And to all brewing in ideas, keep them coming by all means but, above all, let's try and get some merchants or services providers to accept BC. Otherwise, we are just pulling our own legs and running hard on a treadmill: Going nowhere. |
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