So staggered. That will give first mover advantage on the market to whoever gets them first. Bit of a lottery
After realizing how scammy the distribution sounds I've changed my mind about sending to the IPO. It is like a lottery except that dev has coins to dump before anyone else and second in line to receive will be the dev's friends. Only then comes the lottery stage with you and the other investors. |
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There is a 100% chance that BTCWhale is a 15-year-old kid with aspergers who owns a total of 2 BTC.
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Thankyou, we will now add Nfactor and release H20 and H2O coins. TBH I dont think you know who I am. My name is muddafudda, one of the original cloners back when you used to shit in nappies. I can drop these coins in less than an hour so I am merely putting an end to another scam. This post just screams narcissism and delusions of grandeur. |
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Just an FYI about the Mines of Mars pool ( http://pool.marscoin.org/), they have really fucked up the processing of blocks and accounts were not being credited for most of the day. The pool hashrate has gone way down as most have already left, but just a heads up in case you were considering mining there. I would only consider mining there if/when we get confirmation the problem has been fixed. With the diff where it's at right now anyway I would just mine solo. server is back up again. obviously the jump in hashing and #96 on coinmarketcap's front page had brought their pool server down. The server was running, displaying my hashrate, and finding blocks, but my account was not being credited. Account still has not been credited for all those blocks. Be careful of this pool. |
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"Max Credits: 20 Billion /// Estimated starting value: 1500-2000 Satoshis"
LOL
Sorry, but I had to dig this up again. I noticed that the dev completely removed this gem from the OP. The dev was originally actually claiming that Dredits would be valued at 1500-2000 satoshis. A couple weeks after launch and Credits are trading on AllCoin for 25 satoshis, LOL! Christ, that is like a bit more than 1% of the dev's 'estimate.' I guess that there are some who have what you can call 'unrealistic expectations,' while others are just flat out delusional. Well, to put that estimation into perspective let me remind you that the dev who wrote that is not with the team anymore, for more reasons than just that. Personally, I think it's silly to put an estimated starting value. "The dev who wrote that is not with the team anymore?" But you posted it, so surely you must have read over everything you posted and gave it your stamp of approval... If not, you are saying that you and just blindly post anything someone on your team tells you without even reading it. Either way it makes you seem incompetent here, sorry. |
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For anyone scared of MINT copying the same pattern or worried people will flock over to it, do the math, for roughly 1 btc investment give or take at current BC prices, you'd get a .04% stake in the entire Marketcap of Blackcoin. For the same in mint you'd get a .0017% cut! now which would you rather have? Also with a lower coin cap, black is more scarce, and no premine or Dev funny business going on. My money is on BC.
I left mint for blackcoin before the multipool idea! Copying really sounds desperate! Fundamentals are not even comparable! It just doesn't have the same effect on a coin with 20% interest that it has on a coin with 1%. Not comparable whatsoever. |
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"Max Credits: 20 Billion /// Estimated starting value: 1500-2000 Satoshis"
LOL
Sorry, but I had to dig this up again. I noticed that the dev completely removed this gem from the OP. The dev was originally actually claiming that Dredits would be valued at 1500-2000 satoshis. A couple weeks after launch and Credits are trading on AllCoin for 25 satoshis, LOL! Christ, that is like a bit more than 1% of the dev's 'estimate.' I guess that there are some who have what you can call 'unrealistic expectations,' while others are just flat out delusional. |
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I think this innovative idea will be the start a new trend in Altcoins. As always those who don't understand will criticize. We will know shortly whether this Multipool experiment works or not. Meanwhile, Blackcoin continues to rise.
I would say it needs at least a month to figure out. The price swings today on BC were crazy. The purpose of the pool is to push the price up slowly and steadily long-term. This of course requires miner (investor) cooperation. If BC is holding steady at 5000 satoshi 30 days from now, we'll know it has been a success. Some people are expecting it to go there and stay there overnight. Great post. It will be interesting to see how the pool is doing a month down the road. One thing about the multipool: you can likely make more BlackCoin mining the coins on your own and converting your coins to BC than you can in this multipool. It will take more work as you have to find the most profitable coin, switch coins when needed, and do all the exchanging of coins yourself, but you can usually make a bigger profit this way. Multipools are essentially there for convenience and are great if you are lazy and don't want to have to always be tracking the prices of alts and seeing which is the most profitable to mine at the moment. I have also found with a lot of the multipools out there that a lot of the time they don't even have the most profitable coins in their rotation. |
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Wow, I honestly didn't expect the price to rise so much so soon after I made this post, but when the price hit 0.00004000 and was nearing my original sell target, I transferred all my BC over to MintPal. My cash-out point was @ 0.00004500, and with an average buy of ~0.00000750 over several buys, I manage to make 6x profit, which is not bad for a couple of weeks. Now I wasn't holding tons of coins, but I was a top 100 address so I made a decent amount of BTC.
Still, that is just my personal risk tolerance with this certain coin and the kind of profit I was happy with. Long-term, I still believe there is a lot of potential for the price of BC to rise. Whether it will reach its full potential, no one can say for sure. I still think if you were to jump in now you would likely be able to squeeze out at least 2x profit over some point in the coming months.
But with the altcoin scene becoming so diluted now and most alts just being used as tools for pump and dumps for the rich, you are probably better off going with a longer-term investment. If you are someone who keeps getting burned at day trading, or trying to get in on the next big alt-coin train, it might be a good idea to change your strategy and try a longer-term investment like LTC. You put your coins in cold storage and don't touch them for a year or two. I still have a large chunk of the LTC that I picked up before the November rise and it is quietly sitting on a paper wallet, being added to occasionally by my mining profits.
Whether you choose to hold or sell, good luck to you and hope you all make a profit in the end. =)
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Just an FYI about the Mines of Mars pool ( http://pool.marscoin.org/), they have really fucked up the processing of blocks and accounts were not being credited for most of the day. The pool hashrate has gone way down as most have already left, but just a heads up in case you were considering mining there. I would only consider mining there if/when we get confirmation the problem has been fixed. With the diff where it's at right now anyway I would just mine solo. |
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The price of BlackCoin has risen over 6x in the past week, currently sitting at 0.00003400 at the time of posting this, up from 0.00000500 earlier in the week. According to coinmarketcap.com, BlackCoin is the 4th most-traded cryptocurrency in the past 24 hours: #1 BTC, #2 LTC, #3 DOGE, #4 BC The total amount of BlackCoins in existence is close to 75 million, and with only a tiny amount of new coins generated each day through PoS, there is very little new BC entering the market. If you compare BlackCoin to similar, more well-established coins with a similar total amount of coins, you can see that the potential future price of BlackCoin could reach amounts several times greater than the current price. (Though this is by no means a sure thing, only the future potential) BlackCoin has an active community with its members involved in innovations such as the first multipool that pays out in an altcoin ( BlackCoin multipool, currently in open beta). Buy in now or start mining on the BlackCoin multipool. I don't believe that it is too late or that anyone has 'missed the train.' |
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Much better looking and good to see it is a liquid layout too. Wow can't believe they put BC on BTER. That's great news! Get ready for the BC CHINESE INVASION! |
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Reminder that the twitter whales bought in at 500 satoshi and can dump on you whenever they want
No they didn't, the price flatlined at 500 but with such low volume, a 1 BTC order pushed it over 600 sat The price was at ~500 for 3 days with 30+ 24/h BTC volume They aren't going to pump a coin that they didn't already buy in at the low The daily 24 hour volume was actually 11 BTC when it was at 500. I'm positive it was higher than 11 BTC and it has been in 500-650 for more than three days which would be atleast $24 000 It was at 11 BTC a few hours before it started getting pumped. Please peddle your crackpot theories elsewhere. We get it, you sold your blackcoins and now you want the price to fall. Since you guys are sadly clueless as to how pumps and in general markets work (I bet you have been holding you coins since day one) I will try to teach you something  Each black line represents one day and let's pretend 11BTC volume that you are saying, even though I know it was atleast 30 for 2 of those days. In total that is a, according to you at least, 55 BTC volume over the 5 days it was trading at an average of 530~ satoshi. Even if a whale had bought half of that, that is 27~ BTC or about 5 000 000 black coin. He is then free to dump that whenever he wants to bit by bit, and also have near complete control over the market because he can force panic sells/buys whenever he puts up buy or sell walls. No, I'm not saying the pump is over. He has obviously sold some though because he is nearing 200% profit. I'm saying it is risky to buy in now because you have no idea what his/the group of whales' target is. But of course the whole idea of a pump and dump or manipulating market is just a crackpot theory and NEVER happens, especially in crypto markets (LOL  ) BTW, yes I did sell my black coin because I am not an idiot and have at least some clue how markets work.  BTW, I also have been buying back at a decent price because I am not an idiot and have at least some clue how markets work.  TL;DR You should educate yourself before you try to play with these big boys If you want to try to play with the big boys you will need to trade HUUGE amounts like like MINEMEPLS here and his whole 50k BlackCoins. Then you have become a master trader like him you can go around threads drawing MS paint diagrams and schooling the others about crypto trading. |
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Finally got the wallet unlocked to stake... how long dose it usually take for your coins to mature?
You qualify for steak in 8h not touching balance. To hit stake you need luck and be online weight shows you approx time to stake while wallet is open. Only 20k left to get in top 100 my rings are slow  .  |
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well yes i know but live discussion is way beetter, atleast i think so kopam, there is also a #blackcoin channel on freenode IRC. I know that also, i guess you did not read my comment Okay well if no one likes the idea, np What is a chat room if not live discussion? as you refuse to read my post before posting again i will help you and copy paste : I dont like IRC at all and i think that it is not that effective, if you are not online you are missing everything unless some one is keeping record ( and that is just working for nothing ). At skype you have the conversation's history and you can just go over it when you are online and give your thoughts. After all here are people from all over the world and time difference plays a big part. However if some one has a better idea i am all for it ! And again, if you think its a stupid idea im fine with that. I guess you never heard of being afk  |
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well yes i know but live discussion is way beetter, atleast i think so kopam, there is also a #blackcoin channel on freenode IRC. I know that also, i guess you did not read my comment Okay well if no one likes the idea, np What is a chat room if not live discussion? |
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well yes i know but live discussion is way beetter, atleast i think so kopam, there is also a #blackcoin channel on freenode IRC. |
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@NoUseForACoin Okay, so even if all crypto is about is making more fiat for yourself as you seem to believe, no one missed out on anything when it comes to BlackCoin. Even if you had mined from release day with an average 1-2 MH/s mining rig you wouldn't have made more than 10k during the PoW phase. You can easily buy double that amount right now for 0.1 BTC. If you make a purchase with 1 whole BTC you can be in the top 100 addresses. Your posts are doing nothing except creating doubt about the future of BC in the minds of those who are easily manipulated.
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Until then me and I think most people here just want to make a quick buck.
Proved my point exactly. |
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