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921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 28, 2014, 05:41:53 AM
https://twitter.com/tipblk/with_replies

twitter BC tipper ... it works ... do some sideways promotion
922  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 27, 2014, 06:04:07 PM
wow



Nice. I have a special place in my heart for how Doge promotes cryptos. I can't say if this is the best way to promote Doge or crypto in general, but I definitely appreciate their efforts.

yeah id say that's nailing the marketing aspect. news headline said they "accidentally sent nascar driver 20mill dogecoin instead of the intended 2mill" or something like that lol
I could totally see a Blackcoin Nascar. In fact. I can work on a prototype paint scheme Smiley



Anyone remember this ?
923  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 27, 2014, 05:48:11 PM
A campaign has started to get BlackCoin onto Kraken

EVERYBODY STOP WHAT YOU'RE DOING AND UPVOTE THIS REDDIT POST : www.reddit.com/r/Kraken/comments/243ozq/please_add_blackcoin_to_kraken/


Done .... but, I did contact them relatively recently and they said they don't have the resources to add more currencies at the moment ... who knows, if we can show momentum, they may well consider for the next addition. It's a great platform

It great to persist, with enough demand they will find the resources.

For sure. I have forwarded details about coinkite etc, will do about vault of satoshi too
924  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 27, 2014, 05:39:10 PM
A campaign has started to get BlackCoin onto Kraken

EVERYBODY STOP WHAT YOU'RE DOING AND UPVOTE THIS REDDIT POST : www.reddit.com/r/Kraken/comments/243ozq/please_add_blackcoin_to_kraken/


Done .... but, I did contact them relatively recently and they said they don't have the resources to add more currencies at the moment ... who knows, if we can show momentum, they may well consider for the next addition. It's a great platform
925  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 27, 2014, 12:41:11 PM
Hahahaha!!!

Hey MM ... any news on the API you were proposing to build ?  
926  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 27, 2014, 11:09:44 AM
http://www.forexminute.com/bitcoin/cryptocurrency-trading-news-market-recovers-as-bitcoin-litecoin-prices-advance-blackcoin-soars-30233
927  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 26, 2014, 12:44:36 PM
Reposting a link that others have pointed to:

http://www.reddit.com/r/blackcoin/comments/240nbi/proposal_pump_blackcoinpool_during_the_titan/

A considered counter-proposal to the proposed publicly announced pump that many are uneasy about.
928  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 05:07:47 PM
Community Pump Poll

I was privately asked to allow the community to take another vote on the community pump. Some people have changed their positions and want to be heard.

I'm intrigued. I'm wondering why, if these people who want to heard are watching / contributing to this forum, they chose not to set up a poll themselves and post a link to it themselves.

This isn't a question aimed at you IE, this is a question for those that want to be heard but don't want others to know from which direction the voices are coming. Why the game of peek-a-boo ?
929  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 04:58:03 PM
TWITTER TIP BOT IS LIVE!

https://twitter.com/tipblk

It works. We should be pushing the little things like this. They get us noticed. For the right reasons.  
930  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 03:39:06 PM
It didn't take much to eat up a couple of chunkier sell orders at 29/30k to drop the 'wall' effect at that price. I don't know if they were genuine sells or strategically placed orders designed to suppress upward movement. Regardless, the shape of the sell side of the order depth chart looks healthier; a couple of similar sized sell orders have moved back, or appeared, at around 32k.

If you really want to see some movement, to start to inspire a bit of confidence, start eating up those sell orders. It might cost you in the very short term, but will have the longer term benefits that you are seeking.

No use waiting for 'someone' to come along. Let's chip away bit by bit. If we do, and upward movement starts as a consequence, then those with plans for an organised pump may be encouraged to hold back, which would please those of us with concerns over the validity and effectivess of such a measure.

Play your part, however small.
931  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 25, 2014, 02:55:13 PM
I'm picking off a few of the bigger sell orders, having some fun with the order depth chart .... we don't need an organised pump ... just buy these people out if they want to sell
932  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 24, 2014, 02:30:46 PM
Guys, please just stop for a moment. Something huge seems to happen right now in crypto.

Please check the following link (disclaimer: I DO NOT promote any other coin, especially one with IPO and I will never do it in another coin thread)
https://bitcointalk.org/index.php?topic=579797.0

There are signs there that MtGox stolen BTCs are on the move ... If this is the case, I can not even imagine how crypto will be tomorrow. But, I hope that there is potential for BC (and other clean coins of course) to benefit from it.

Do what draco71 suggests. Quit your bitchy toing and froing just for a second and head over that thread.

Skip to the end and then head back a couple of pages where user templar77 starts proposing some verrry spicey stuff.

Is it real ? Who knows, but it's weird and wonderful and will make your afternoon

http://www.cryptocoinsnews.com/news/breaking-mt-gox-maidsafe-gox-coins-flowing-maidsafe-ipo/2014/04/24
933  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 24, 2014, 01:44:46 PM
Are there any websites that show the "richest blackcoin users" like other sites we see for several other coins?
It would be interested to know what the top 1%'rs own. Smiley

http://coinia.net/blackcoin/getbalance.php?top=100 displays the number of coins held in the top 100 addresses, and allows you to search against any BC addresses
934  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 24, 2014, 07:36:24 AM
If you want to carry out a 'facebook campaign', one very cheap way of doing so ( zero cost ) is to post items to your own timeline that have strong sideways relevance to BC.

For example, this coinkite news : http://newsbtc.com/2014/04/21/coinkite-terminals-now-morphing-mini-bitcoin-atms/

BC is not directly mentioned. However, BC is being adopted by Coinkite, and should be live on the system in June. Get people interested in the surrounding ecosystem. Then, later, when BC starts being mentioned in the same breath as these key players that people have been made aware of, a strong association is created.

Much the same as the article(s) on Coindesk where BC devs were quoted in relation to other matters. BC gains kudos by association. Often, inferance can be just as, if not more, powerful than direct pointing. 
935  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:26:15 PM
IconicExpert

Do not listen to them. Those who say it is a bad idea just did not buy Black when it was cheap Wink So now they are afraid that BC will become even more expensive and they will never buy it cheaper Roll Eyes

I think you'll find that the majority of reservations are being expressed by long term investors who've been here since very early on, who could have cashed out for significant amounts of money some time ago, and haven't, because they see the sense in sticking with it long term.
936  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:05:19 PM
Sorry, I am misunderstanding you or you me.

1% for inflation + 1.005% to pay the stakers for securing the network = 2.005% inflation per year. You are relying on >2.005% being lost every year for BC to be deflationary.

When you make a transfer of BC, you pay a fee? If so, where do the fees go? Some coins destroy them, some use to reward stakers. I'm not sure what BC does atm.

It's not 1% inflation + 1.005% to pay the stakers. They are not separate entities, but are one and the same. The 1% inflation is derived from the 1% interest earned as and when wallets are opened.

As for 'where do the transfer fees go', good question, I forgot to look into that ...

I think I have it. On the last page you said:

"No, you will earn your 1% regardless of whether or not you have your wallet open for the full year. You will receive the interest once you re-open your wallet.

The advantage of having your wallet open all the time is that you help secure the network, and also earn compound interest on your 1%."

So you are saying you get 1% if you open your wallet just once per year but if you leave it open, you get compound interest on the same 1% (which we calcualted above as being 1.005%).

So the incentive stake 24/7 for a year is a bonus of 0.005%? You would get the 1% if you did nothing, right?

Can anybody clearify this?

I think the 1% Inflation of 74m is reached if everybody would have wallets opened all Time. So 100% of the coins are staking.
If u dont let wallet Open You get 0% because how could u get a block if there is no wallet pos Mining??
So you have to Open the wallet to Secure the Networ. Therefore u get fees plus stake on hitting a block.,


This should be cleared up asap, it is the basis of rewarding people and not enough people understand it.

I think you are probably right, it wouldn't be proof of stake if you weren't rewarded for 'proving your stake'. So 0% for keeping you wallet closed seems logical. Otherwise, 0.005% is no incentive to stake your wallet and the network will die quickly as soon as people realised this. A terrible set up, I doubt BC would ahve got this far with that model.

So you think you get the 1% for running your client 24/7/365  (compounding up to 1.005% over the year)  and the fees in a block? Do you have any links for the second part?

No, your interest is compounded because you keep your wallet open permanently. You gain 1% regardless.

The transaction fees, I would expect, are also paid to those who are staking ( there are no miners ), so this, plus the compounding of interest, is your incentive. Haven't found proof of this yet, but am in the middle of work, haven't looked far ;]
937  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 01:58:44 PM
Black Whale Community Pump (4/25/2014 - 8 PM EST - NYC Time)

The BlackCoin community are once again about to make history!!! Never in the history of crypto has a community rallied together to pump the price of a currency in an attempt to break the control of unscrupulous whales!!! A global pump with hundreds of people working in unison will be nothing less than epic!!! We will become the "Black Whale".

On Friday 4/25/2013 - 8 PM EST - NYC Time we will begin buying massive quantities of BlackCoin to stop the blatant manipulation of some holders who are purposely suppressing the growth of BlackCoin. This community will pump over 300 BTC into the BlackCoin ecosystem to consume the low priced sell walls.

We as a community will have to pledge to each other to follow some basic guidelines.

1.) You will only trade on Mintpal @ 4/25/2014 - 8 PM EST - NYC Time.
2.) You will buy at market price and not buy on dips.
3.) You will not use this opportunity to sell off the coins you already hold.
4.) You will not sell any of the coins you buy for 3 days after the community pump.

I would like to formally ask the multi-pool operators to hold off buying coins for the next two days and join us on this epic event!!!







 
Good Idea! But 2014  Wink

Let the blackcoin community vote for this black whale pump idea.

Bad idea:
1. mrbenjie
2. germsite








Good idea:
1.
938  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 01:55:25 PM
Black Whale Community Pump (4/25/2014 - 8 PM EST - NYC Time)

The BlackCoin community are once again about to make history!!! Never in the history of crypto has a community rallied together to pump the price of a currency in an attempt to break the control of unscrupulous whales!!! A global pump with hundreds of people working in unison will be nothing less than epic!!! We will become the "Black Whale".

On Friday 4/25/2013 - 8 PM EST - NYC Time we will begin buying massive quantities of BlackCoin to stop the blatant manipulation of some holders who are purposely suppressing the growth of BlackCoin. This community will pump over 300 BTC into the BlackCoin ecosystem to consume the low priced sell walls.

We as a community will have to pledge to each other to follow some basic guidelines.

1.) You will only trade on Mintpal @ 4/25/2013 - 8 PM EST - NYC Time.
2.) You will buy at market price and not buy on dips.
3.) You will not use this opportunity to sell off the coins you already hold.
4.) You will not sell any of the coins you buy for 3 days after the community pump.

I would like to formally ask the multi-pool operators to hold off buying coins for the next two days and join us on this epic event!!!]






 


Call it off! Call it off!



Adding my voice to those concerned about the wisdom of such an event.

Smart dumpers may lull you into a false sense of security by not dumping after this event. They may not after the second event ( why would you stop at just one ? ). They may wait until you choose to co-ordinate a mass buy to push through a much larger wall, and then sell in huge amounts. Then what ?
939  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 01:07:49 PM
Sorry, I am misunderstanding you or you me.

1% for inflation + 1.005% to pay the stakers for securing the network = 2.005% inflation per year. You are relying on >2.005% being lost every year for BC to be deflationary.

When you make a transfer of BC, you pay a fee? If so, where do the fees go? Some coins destroy them, some use to reward stakers. I'm not sure what BC does atm.

It's not 1% inflation + 1.005% to pay the stakers. They are not separate entities, but are one and the same. The 1% inflation is derived from the 1% interest earned as and when wallets are opened.

As for 'where do the transfer fees go', good question, I forgot to look into that ...
940  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 12:38:25 PM
Question, about this POS thing, lets say you download the BlackCoin wallet, transfer some funds to it, open it until the chain is fully downloaded and then you close it for 1 year.

One year later will this wallet get 1% reward? Or are there any constraints?

Thanks

Anyone?
You get the reward for staking, so you need to be online and the wallet has the be unlocked at least for staking.
The rewards come in "every now and then", you will receive
coincount / (365*100)
average per day.

So you would only get the 1% if you ran your client constantly for a year? Presumably, staking is measured by the hour not the day?

And if you miss 'your share' as you weren't staking, does it get distributed to the others that were? Or does the 1% inflation decrease for that year?

Thanks

No, you will earn your 1% regardless of whether or not you have your wallet open for the full year. You will receive the interest once you re-open your wallet.

The advantage of having your wallet open all the time is that you help secure the network, and also earn compound interest on your 1%.

Ah, thats sounds better Smiley but what you mean by "compound interest"? Can you give an example?

If you keep your wallet open permanently, you earn a fraction of your annual 1% each day ( 1/365th to be precise ). So for every day that passes, you are earning 1/365th of your original wallet's value plus interest already earned.

If you start with 100,000 BC today, tomorrow you will earn : ( 100,000 * .01 ) / 365  = 2.7BC

So tomorrow your balance will be 100,002.7

You will then earn interest on that balance, which is :  ( 100,002.7 * .01 ) / 365  = 2.74BC

So your balance will increase to : 100,005.44

And so on
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