And Soepkip promises much more surpises to come, and we are recently added to coinkite, moolah/prelude that is now going to integrate BC to the full package.
how can BC not go over 100k sat in a few months? this seems very unlikely that it wont happen especially with our community and Devs.
Blackcoin still cheap, wait until the weekend U $ 1.00 - $ 2.00. That's 240K sats. I'm going to have to say No. We'll be lucky to get past 100K without major resistance. Think about it. It's 100K for goodness sake! |
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Call me crazy but I'm selling some here. Have to take some profit.
I got bit by Quark when it had its big run up and I didn't capitalize.
What was so special about Quark? I never read into it. But we are not Quark. I'm not going to call you crazy. But with all this attention we're getting, I think we'll reach 100K first. Good luck. |
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Our 24 Hour volume is 2.8 million!  Was there a Coin before doing that? BTC and LTC suring the great rise Not during the first 2 months they weren't! I don't think we're going to crash until we reach 100K. With all these media attention we're getting now should just keep zooming up. Probably down to 50K again and then work our way up again. |
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Our 24 Hour volume is 2.8 million! |
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I'm betting there are people dumping NXT for BC now and it's increasing daily.
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Hopefully! I just bought some yesterday!  And of course price go down. |
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weird as well that it's twice the same amount. anyhow those guys there got some serious $$ right now It's planned. Either same guy or organization. Either way I believe both addresses are connected. 6 mill BC that's like what? $1 mil USD right now? My guess would be that those are likely exchanges that have their cold wallets set so that no more than 3M BC is stored in a single wallet... thus mitigating (somewhat at least) the likelihood of losing all of it. My guess is that there will be a third one soon which will also have 3M in it. Wow... guess this became redundant.  Sounds a plausible idea. weird as well that it's twice the same amount. anyhow those guys there got some serious $$ right now It's planned. Either same guy or organization. Either way I believe both addresses are connected. 6 mill BC that's like what? $1 mil USD right now? My guess would be that those are likely exchanges that have their cold wallets set so that no more than 3M BC is stored in a single wallet... thus mitigating (somewhat at least) the likelihood of losing all of it. My guess is that there will be a third one soon which will also have 3M in it. Wow... guess this became redundant. Guess that explanation makes sense.  3500 volume is like 7-8 BTC of fees. Hmm... |
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weird as well that it's twice the same amount. anyhow those guys there got some serious $$ right now It's planned. Either same guy or organization. Either way I believe both addresses are connected. 6 mill BC that's like what? $1 mil USD right now? |
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Hello. Noticed the big % change in MintPal, and now I'm here.
After investing in BC and FAC, I want to check this out.
Someone explain to me the PoS and all the info. How long coin age and % increase. Also need explanation for PoT. Couldn't find info on first page.
Thanks.
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What happened? What did I miss? So was that 100 up to 42000 then 100 down to 28000?
someone flash bought, then no walls were put up so people got scared and dumped, just day traders getting scared, holding the price down Wouldn't a flash buy drive the price up? How does that hold the price down? They bought a ton and then just sold? no someone bought a ton without putting up a wall, then there was a big price gap and people dumped..... If you think about it, there are some big investors who really don't want to waste time between getting the best deal between 30K and 42K and rather just market order it. If you put up a wall afterwards, there's no guarantee your orders will hit. Buy and go! That's the way to roll when you're a balla. |
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What happened? What did I miss? So was that 100 up to 42000 then 100 down to 28000?
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PoW was never a part of faircoin its pure PoS so very little coins are generated. I believe its 6% yearly, it started with 50 mil total and distributed to those who signed up for it. Now the rest of us are just buying up as many as we can cheaply and then the multipool mines up btc to help grow price.
This is where I"m confused. Because I see this. http://blog.gryfencryp.to/2014/03/13/faircoin/Can I still mine using PoW? Miners can still mine using Proof of Work and it helps upkeep the network and keep it simple and it’s a great contribution to the community to mine. But if you are mining for pure profit it’s good to keep in mind that the rewards are 0.001 coins, 10 minutes block time, fast retargeting. Go Break a Leg. Ahh ok bro technically yes, if you enter setgenerate true into the debug screen of the FAC wallet you can generate .001 FAC off transaction fees. It also helps secure the blockchain. I'll say this though... In 3 days I made a whopping .003 FAC using 99% CPU all day. So for me I can't afford the strain. Right. So then my question was is this like PoW Mintcoin problems that the dev ended up forking it or unrelated? It's too technical for me to understand so I just wanted to make sure it's been addressed. |
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PoW was never a part of faircoin its pure PoS so very little coins are generated. I believe its 6% yearly, it started with 50 mil total and distributed to those who signed up for it. Now the rest of us are just buying up as many as we can cheaply and then the multipool mines up btc to help grow price.
This is where I"m confused. Because I see this. http://blog.gryfencryp.to/2014/03/13/faircoin/Can I still mine using PoW? Miners can still mine using Proof of Work and it helps upkeep the network and keep it simple and it’s a great contribution to the community to mine. But if you are mining for pure profit it’s good to keep in mind that the rewards are 0.001 coins, 10 minutes block time, fast retargeting. Go Break a Leg. |
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Time to write something,
I think this coin has a lot of potential but in order to get from here (2800~ ) to 10000+
The community and the dev team need to work together.
- We need more info/stats about the pool and how the coins are distributed.
- The amount of miners needs to grow ( a lot ) , right now we only have ~300 Mh/s .
- We need to add hash256 to the pool, this way a lot of people with asics ( there are a lot ) could join the party.
- We needs to stop fighting with other coins ( I'm looking at you BC ), we have a strong coin, there is no need to bash other coins.
- The web site needs to have more information.
- The dev team needs to communicate more, tell has what plans they have in order to develop the coin.
- Once the dev team shares their plans with us, we ( as a community ) need to work together and help them as much as we can.
But I think the most impotent thing is, we need to understand we can't jump 100% everyday, this process takes time, we need to have faith and keep going at it.
We need to work hard, we need to work together. this is the only way.
excellent post +1 Yes, I'd like to see these answers. Is PoW mining still going on? A few days ago I asked about PoW mining not affecting PoS. I believed I asked this about this 2 days ago. Basically how Mintcoin eliminated PoW. I need to know this won't affect Faircoin. I come in and out of these threads so maybe it was answered. Thanks. |
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Anyone dumping? Guess I should have bought earlier!
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I bought BC when it was 0.00005000 BTC in mid march now its more than 3 times of the price I bought !!!!!
Do you recommend holding it?
Yes i recommed holding it. I got it at that price too. I just keep buying more. Whenever I get more cash I buy more blackcoin. I dont hesistate. Its the best coin and its direction is up. This isnt a pump its a correction. Anyone who sells is nuts. This is not a pump+dump coin its a pump coin. Its an up coin. The reason I asked this is that everytime I buy a coin(no offence to BC) its been pump and dump ! It happened for me when I got dogecoin at the price of 80 Satoshi and kept buying at the rates of 140, 180, 210! everyone told me to just hold it and right now is 100 stoshi. It happened for AUR as well before the air drop and now.... Maybe in a couple of years all of them will go up like Bitcoin who knows but again if I want to hold a coin Im looking for something with a future not just a short period of time they come and disappear ! I hope BC will have the future everyones looking for We are completely different from dogecoin or AUR. Dogecoin has 5% coin supply increase permanently. If it did not, I would have bought some. But the developer chose to this. I don't have a problem with that, but this probably kept it from surging in value. That's exactly the reason he did that. AUR - citizens need the money so they all sold. Free money? Why wait if you have no interest in crypto. Actually I heard if you sold before airdrop, you would be fine. Didn't it go from $11 to $17 then after airdrop to $2? |
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If you don't stake it you will keep having the same 1000 BC after a year, someone else with 1000 BC staking it will have roughly 1010 BC after a year. If you have a constantly up device with network connectivity staking is a good idea otherwise only worth it if you have a serious amount and care about the compound interest.
And of course, it helps secure the network to stake.  So it's more like 1010 for non-staker and 1010.1 for the staker I think. Non staker (someone who never unlocks his wallet) will never get any additional BC so it'll keep being 1000. Now, if he decides to stake at least for a short while this will, over some short period turn into 1010.... That short period is like roughly 24 hours right? |
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If you don't stake it you will keep having the same 1000 BC after a year, someone else with 1000 BC staking it will have roughly 1010 BC after a year. If you have a constantly up device with network connectivity staking is a good idea otherwise only worth it if you have a serious amount and care about the compound interest.
And of course, it helps secure the network to stake. So it's more like 1010 for non-staker and 1010.1 for the staker I think. |
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How exactly does the Staking work and do you need to keep the wallet open constantly to get your share? Or can you just open the wallet every now and then and let it update to "your stake"? Is it better to keep it open constantly or it doesn't matter?
You need to keep your wallet open and unlocked to receive compound interest, if you open it just rarely you will get your 1% yearly interest on coins not moved for 8 hours as your stash will have gained "weight" during that time, but you won't benefit from compound interest. Staking earns you money and helps secure the network but I personally would not do it on a Windows platform, but it's just me, I keep my wallets strictly linux, compiled from source. If you keep your wallet open 24/7, you'll get roughly 1.01%. Can anyone confirm you actually have to open your wallet and receive the BC before staking starts? Or does it happen automatically as soon as someone send you BC? You need to open and unlock, the little arrow bottom right reports the current staking status, if it's open but locked says "not staking" or something similar. Ok let's say I have 1000BC - will this be dilluted a lot if I don't "stake"? As far as I know the number of BC coins is increasing all the time? If you don't stake it you will keep having the same 1000 BC after a year, someone else with 1000 BC staking it will have roughly 1010 BC after a year. If you have a constantly up device with network connectivity staking is a good idea otherwise only worth it if you have a serious amount and care about the compound interest. I was under the impression you would still get that 1% as soon as you sync up and your next rewards process regardless of how long you kept your wallet closed. |
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