Now Taking Pre-Orders - BlackCard Wallet Card
Looks great. But that last quote - "Once you go Black" would it be better to use http://www.blackcoin.co/ or possibly QR code. Could be stretching there. But I like a website or something. Also how is this accepted worldwide without a magnetic strip? Or am I just behind the times?  |
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Must confess I wish I bought and kept some coins from yesterday  I own a time machine and I will take you back to one time frame. 24 hours it is.....You could have gone back to feb 11 2009 :/ Deal That begs the question. What if Satoshi never invented BTC, would we still have something like it today? |
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There are several factors why people do not daytrade :
1) They feel safer to have their coins in the coldstorage and not on the exchange - nothing wrong with that
2) They understand that trading is a serious deal, that you cant just jump in right into it and make money - nothing wrong with that
3) They have other job and its more profitable/comfortable for them to just focus on their job and buy more coins when the price is right - nothing wrong with that
4) They feel that in the best case trading is a zero sum game in which they have no edge and worst case pure gambling (with a preference for the latter theory)  5) You have to pay taxes the first time you sell. 25% in US if you held BTC under 1 year. 15% for more then a year. This assume you have net capital gain of course. Otherwise day trading is less of a problem. |
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I'm looking forward to buy a decent amount of BC and hold on to it. I already have an account on BTER . Any good reason why I should NOT buy there?
Mintpal is better IMHO. Depends how much you're buying. But yes, MintPal has more volume and that's where I go. There's also cryptsy with higher prices usually. |
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BC price should be at 0.00012 btc, at least
Yes it should be much higher allready but some dumb f**k is holding bc down.. When he stops this shit it will be rocket up.. regardles what happens with btc.. we are independet!!! +1 Only way cryptocoin can survive is get the off from bitcoin We dont give a fuck if china is banning btc.I really like this coin,only bad thing is i got with it really late  If you believe BlackCoin is the future of cryptos, then you're still way early. |
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Man! We need to take that mofo with his 46BTC wall down....it would be the last time that he touched BC!
That wall does look mighty huge right now. 80+ BTC needed to go close to 10k sat.   BTC price $500, BC should be over 10k We don't know if that 46 BTC Wall is real or will be removed yet. |
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just got home from work..... nice!! what a rally!!
Uptrends automatically makes every day a good day If you're not 100% fiat; yes. |
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What does this change? They never hinted they're going to ban bitcoin completely, actually they said same thing back in December. But yeah, people are taking over a thinnest thing in Bitcoinland so it's possible this would be seen as something major. But it was starting to appear that it was getting more and more restricted. Some investors were fearing a ban even though as others have pointed out they could just say ban if they wanted a ban. Other than another statement by the Bank of Agriculture there hasn't been another official statement. But this kind of message I feel means that might be the end of restrictions and give more clarity for what banks can and cannot do. This statement goes against the $50K foreign currency restriction though so I dunno. I still think it's positive! |
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lol i already feel bad for that guy that cashed out 50 btc of BC and bought 50btc of faircoin at 1700- all the way to 2500 LOL
We don't know for sure. He may have cut his losses by getting rid of his FAC. blackcoin is doing amazing even with the market tank
BC lost 20% of its vaule last two hours and the price stayed the same You mean BTC? Please change that to btc.. I thought you traded in your BC for FAC? No? |
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The $50K foreign currency per year per citizen is new. But not sure if that's official. |
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blackcoin is doing amazing even with the market tank
BC lost 20% of its vaule last two hours and the price stayed the same You mean BTC? |
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I think we see back over 400 by tonight, really everyone was fearing when the big China day came (and now its here) it would be the end of BTC for a while anyways.....and were only down 50 bux??? all day now......I guess make what ya want of it.... Ill just be glad when the China fears are flushed out so we can begin to move forward and focus on all the positives as of late for Crypto again You think this was it? Watch out, as you might be proven very wrong. Nothing is certain at this stage. Yes I agree, but we have had weeks of anticipation of what impact China would have,,, we all knew it was coming and yes we have suffered a 150ish drop since all the bad news started really sinking in,,, the previous drops can be attributed to MT Gox and alike and tons of fud to boot. I still have some faith left that the underlying concept of BTC is strong, alive and well and will continue on and grow and we will recover robustly. Keep Hodling I'm not sure what you mean by this. We all knew any news coming out of China would lower BTC price. No one knew if China would ban BTC. As of this time, it's still not banned. If it is, the price will go down more. |
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Im making some buttons with a flat back, because of the flat back you can glue, stick, put them anywhere. And it just looks like a coin too. Which one? Cant decide. Sorry for bad quality, only had low-ress images.  Right one. It just looks more stylish to me, but I might have to see the final product and a different angle to know for sure. The Left one has more focus on the B, which might be better for promotion. But I like the Right one more.  |
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about security: could someone explain how we could be hacked ? (pos) I know ppl have to have wallets opened, but how many coins/ppl/whatever ?
Technically you need 51% of all blackcoins to perform a hack in terms of double spending etc. Theoretically the required amount of coins is smaller if an attacker is able to precompute the chain, but this is open research afaik. 20% is enough to do double-spending attacks from time to time (like once per month) with no direct costs. 20% of active stakes at the moment off course, less active stakes, less security, less interest make less actives stakers http://www.reddit.com/r/Bitcoin/comments/22aw8c/most_altcoins_are_not_secure_enough_they_exist/Well this comment was related to PeerCoin and the actual statement is: 20% is enough to do double-spending attacks from time to time (like once per month) with no direct costs.
I haven't done analysis on 51% attack on ppc, and I really doubt 20% will be enough.
I don't want to say that you are wrong, but want to stress that these topics are very hot (and interesting) and not completely understood yet [edit: by the larger audience, brains like rat4 surely have a better understanding]. Thats Right, what make me think its that is only 20% of active stakes. On LOW REWARD POS, less people gonna be willing to active stake, Its just that in crypto security came from miners, less rewards to miners make less relaltive security I think that this can be a problem just like for Doge is (low early pow reward) that can be BC problem (using analogy) But unlike in Doge in PoS there is no real work that has to be done, so basically there is no reason not to stake as long as you have a device running that is able to stake. When did you switch off your mobile phone last time? Te reason not to stake is the LOW INTEREST!, the less that you get paid for doing something the less you are gonna do it. With a greater initial POS reward people will be more willing to stake their coins. On android always stacking will mean It will also drain battery LIFE (Not desireable) so people will shut it down most of the time. That's what I am saying. AFAIK the only difference between staking and not staking is the ability to broadcast a block to the network, which costs the energy in terms of the broadcasting operation and requires a small amount of the data volume. I think these factors are negligible. And with no significant cost even a 1% interest rate is worth it, the only drawback is the limited availability of the actual balance. This. Although the math may make sense in a 'laboratory environment' the simple fact is that there is no comparison between PoW and PoS as far as actual operation. If the BTC blockchain was secured by every open wallet, to the exclusion of PoW block creation... then the likelihood of a successful 'forgery' would drop to a value not even statistically viable.... as you would need to control not only the majority of the hashrate, but also a majority of the active addresses represented by the wallets themselves. This would basically have 1 chance of success and about a billion of failure... every time you tried it. To some extent that's what you have with PoS... as the 'mining' is done by the wallet - with near 0 energy cost, and at a speed which is very fast... there's really no 'downside' to staking other than from a personal security standpoint (which to me is the real achilles heel of PoS in some ways). In other words - if you aren't afraid of having your wallet on a computer connected to the Internet - then there's no reason to not be staking your coins... as 1% is still pure profit! In reality, the biggest mitigating factor to this 'problem' with PoS coins and BC in particular - is market cap. Right now (provided people were willing to sell that is) you could theoretically buy enough BC for about $1M USD... however, once you had that - it would be nearly impossible to capitalize on that resource... since doing it successfully would virtually guarantee that your invested holdings would lose their value the instant it was discovered. If the market cap reaches even $30M - wish is still far less than LTC - then it would require ~$7-10M for the requisite amount. So essentially, the only applicable question is... do you believe there is already someone who invested tens of thousands of dollars or the equivalent value in BTC in BC... who actually wants to destroy BC in the near future (along with any real profit potential for themselves down the road). I agree that this world is a very weird place today, but I still think this is a non-issue for us. EDIT: I should say, and that the person (should they exist) would rather destroy BC completely - along with their investment - rather than simply continue to see gains that no other vehicle current - especially in crypto currency land - is capable of. At that point you're talking about ideological terrorism at the exclusion of greed and self preservation. This does occur, but despite what Homeland Security might have us believe... it's still representative of less than .00001% of the population (and yes I made that up... it's probably a much smaller percentage even than that). Quite right. My own calculations on this topic were the same, for all intents and purposes. I think if the criminal in question had any sense of probabilities, he would take a different course anyway: He would invest the 1mil USD in powerball tickets in hopes of winning enough money to fund more effective terrorism. It is THIS scenario that I think we must be more concerned about. Some people just want to watch the world burn.  |
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Sorry for a wall of 'literary diarrhea' as it might seem... but I just wanted to put this out there as food for (more cautious) thought and rhetoric as many, many more eyes are likely to be upon us in the future. BC is different and BETTER... let's try to act like we are.
Well said! Today has been exhausting. I had to hedge my risk of BTC collapsing. But BC is still connected to BTC price. Until an exchange can handle massive volume and fiat. Oh the headaches. But the price of BC held and that is awesome! Good work everyone. We're still getting closer to 10,000! |
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Faircoin Massive Panic right now. We're still holding.
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the TREND IS YOUR FRIEND, never forget.  The trend is your friend until the bend in the end! Still surprised that the Chinese TBTF banks are closing bitcoin associated accounts, but the advantage is that it will draw a line under the China FUD when complete. Also explains why Huobi was making noises about wanting to expand offshore. Now they will probably want to fully relocate offshore. The big question now is whether Hong Kong is insulated from PBOCs anti-Bitcoin directives. It will keep going until there's an outright China ban as everyone else has been saying. |
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Currency network will be suspended on fire ICBC card recharge service announcement Time: 2014-04-10 12:33:08 Source: Fire coins Network Dear fire coins network users: Fire currency net latest information: Today around 10:00 Zhongguancun Branch of ICBC received notification client manager, received notice of higher operational management department, fire behavior to stop working currency network to provide services to complete the sales currency net household fire ICBC account in April 18. 10:30 or so, fire a few coins network partner arrived at Zhongguancun Branch of ICBC, the branch manager of client face to face communication to understand the situation. Follows: 1) ICBC superiors did receive a notice to stop the fire coins Network account Zhongguancun Branch of ICBC, the deadline is April 18; 2) notify the oral notification, Branch not received any written document; 3) asked what other acts did not send a notice replied that the policy may be interpreted in different banks is not the same, the sensitivity is not the same; 4) There is no leeway asked, replied that no, because it is superior notification, not consultation; 5) asked how to handle the user's subsequent capital management, replied that the funds can be transferred to other commercial banks, but ICBC is definitely not it. Among them, also to ask the client manager for the Bitcoin policy views and other related things, but are the personal views do not represent the position of the bank is also little direct business relationship with the fire currency network, not the one described in this notice . 12:00, sent back to the company announcement. Prior to the announcement issued not earlier disclose that information to any user or organization, the majority of users supervision. Fire currency network will be next Monday (April 14th) officially stopped using ICBC Zhongguancun Branch account recharge and withdrawals (user ICBC account withdrawals are not affected, we will use other bank fund transfer to your ICBC account), so far Other banks temporarily affected, the latest news will be posted net currency of fire for the first time. Fire coins Network Operations 2014/04/10 Thanks. Now anyone have a better translation? haha |
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