I'm sorry - I just read this whole thing and there's something I don't understand: Can someone competent explain how # blackcoind sendfrom <account> <address> <amount> could continue to work if the total wallet balance was negative? Was the daemon just generating fake coins and sending them? Or what? There are instances where getbalance shows a negative amount on individual accounts in Bitcoind as well, that's not unusual. On Sapphire we don't rely on accounts for individual users, and rather just check getreceivedbyaddress against the known prior deposits for a given address (which we assign to one user). What would be very unusual is if the total amount in the wallet was negative, and the daemon was still allowing coins to be sent. Am I to take it that's what happened here? Or am I misreading that chat somehow? |
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We have a blueprint from what has been successful with other crypto currencies. Could you share this list? We just have to look at what businesses have successfully been built around cryptocurrencies and build them for blackcoin. This infrastructure would help our currency stay stable and make it viable for commerce. Such as payment (like bitpay), gambling (poker sites, etc), exchanges, hosting companies, etc. Services like these will go a long way to in securing our slow rise. +1. This is really the key. Merchants bring stability. Wild volatility, on the other hand, is the enemy of merchants (even upward volatility, as it reduces the amount people are willing to trade in the currency day to day). |
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Feel so fucking stupid.. I was here from day one mining & renting miners etc. Got up to a total of 150K Bc's with spending around 1btc in total. Shitty times came along and I held through the 400satoshi time, but when it went to 3500, i had to sell. I didnt want to, as I had preached here 5K was cheap, 10K was lowest aim.. And look at me now, I sold a week ago. Got like 3btc, Had i kept it all now I'd get over 12btc. Fuck me. Goodluck in the future, I can't stay here, i'd kill myself when you guys reach 20-40K sat. May the future be bright.
Relax man, you earned money, that is enough, we ain't God or warren buffett. Well yeah, people always tell me that, you can't think like that etc etc. The difference is, I knew that this coin would have success, and had it not been that I absolutely HAD to sell, I would never have sold under 10k... So, I will think like that, sadly. If you feel that way, buy back in now. It's still very, very early. In the early days of Bitcoin, I sold my entire stake more than once and bought back in higher, because I wasn't ready for some of the more extreme volatility. At one point I was holding 3000 BTC. But everyone decides their own risk. I don't kick myself for not keeping that, because there were several points where it looked like it was about to be worth nothing. I don't think it was a mistake -- it easily could have become worthless at that point, and that wasn't a risk I wanted to take. So I didn't become a billionaire, but I still made a handy profit by keeping one ear on the rail and getting back in whenever I thought there was room to grow. |
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$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.
One word: Auroracoin Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so.
That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that.
Without hype no coin can survive. Bitcoin wouldn't be worth $580.00+ without hype. Dogecoin wouldn't be where it is without hype. Yes you need all of the above as well, but without hype no one knows it exists. It goes hand in hand. Also, not everyone is here for the same reason. I will support the community as much as I can to see the coin succeed, but lets be realistic here. We ARE ALL here to make money. Bitcoin wouldn't be worth that much without press. Positive and negative press, that's what got the wider investment community interested. BlackCoin is still too young for that kind of press. No twitter hype and no forum con is going to convince Business Week to write an article about BlackCoin. The only thing that will give it that exposure is slow, steady growth and hammering home the fundamental fact that it's a PoS coin, it's a blackhole for the other alts, and it's no longer being minted. Those are the things that make it an attractive alternative to BTC as a store of value. If you add to that more exchanges and more merchants, anything is possible. "Hype" is a relative thing. Hype among alt-coin speculators is just a quick boom followed by a quicker bust. Hype among mainstream investors requires a lot more diligence and time. I'm not against the latter kind of hype, provided that it's justified. I just don't want to see the former destroy the currency before it has a chance to bring in more merchants and a more stable base. All I'm saying is that the mechanics of this coin are too good to be wasted on a P&D. If they are, another coin will arise with the same mechanics as BlackCoin, or something very similar; but if expectations are managed well right now, and the focus is on growing an economy rather than what happens by the end of the week, then our effort won't have been in vain. |
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You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.
With all the pumps and dumps BC has a steady upward projection. All you have to do is match BlackCoin's growth with other similar AltCoins growth and you can reasonably predict where the coin will be in 6 months. In about a 4 to 7 weeks it will be at $1.00, and in 6 months we will be around $5, you can hold me to that. There is always the chance it can explode over night, that has happened to other coins before. But based on the current growth we will be at $1.00 soon. It will be at $1.00 even quicker if people would stop selling BlackCoin at reduced prices as if they are selling MintCoin  $5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone. But I thought pumps and dumps are good thing. Doesn't that mean huge % change and won't that attract new investors who want to get into throwing money in this altcoin? Sure it's not good for currency usage, but there's not really many other PoS alternatives right now. One of the reasons Bitcoin took off was because there were periods of stability, which is when merchants (like us) decided it was safe enough to take a risk on banking in the currency. It was certainly not overnight. We bought a large amount of BTC on July 12-14th, 2011, at $30-32, right before it crashed. We unwound as best we could and came back with it. But the fact is, you have nothing if you don't have people willing to hold your currency overnight, and willing to do business in it. P&D is not what's going to attract new investors. Stability and sustainable growth -- at 1 Satoshi or 1 BTC -- is what will attract them. We got into BlackCoin because we think it has a natural floor under it; not because it's being hyped. So ditch the hype. You're doing more damage than good if you attract panic buyers. Exactly this, we need to focus on building up the black coin infrastructure. We have a blueprint from what has been successful with other crypto currencies but there is a lot of new innovative things people can contribute too as well like multipools. If we focus on this we can get steady and solid growth and create a truly stable cryptocurrency that works better for commerce instead of just an investment/gamble. This idea has a lot of potential, it uses less energy, it has the potential for slow stable growth and has all the benefits of secure electronic money. Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so. That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that. |
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You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.
With all the pumps and dumps BC has a steady upward projection. All you have to do is match BlackCoin's growth with other similar AltCoins growth and you can reasonably predict where the coin will be in 6 months. In about a 4 to 7 weeks it will be at $1.00, and in 6 months we will be around $5, you can hold me to that. There is always the chance it can explode over night, that has happened to other coins before. But based on the current growth we will be at $1.00 soon. It will be at $1.00 even quicker if people would stop selling BlackCoin at reduced prices as if they are selling MintCoin $5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone. But I thought pumps and dumps are good thing. Doesn't that mean huge % change and won't that attract new investors who want to get into throwing money in this altcoin? Sure it's not good for currency usage, but there's not really many other PoS alternatives right now. One of the reasons Bitcoin took off was because there were periods of stability, which is when merchants (like us) decided it was safe enough to take a risk on banking in the currency. It was certainly not overnight. We bought a large amount of BTC on July 12-14th, 2011, at $30-32, right before it crashed. We unwound as best we could and came back with it. But the fact is, you have nothing if you don't have people willing to hold your currency overnight, and willing to do business in it. P&D is not what's going to attract new investors. Stability and sustainable growth -- at 1 Satoshi or 1 BTC -- is what will attract them. We got into BlackCoin because we think it has a natural floor under it; not because it's being hyped. So ditch the hype. You're doing more damage than good if you attract panic buyers. |
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Help? Just compiled the newest blackcoind, but it's not connecting to any peers. It just keeps trying one peer over and over (74.220.199.8:6181) and getting a connection timeout. IRC connect fail. The old version was working fine... wth.
Anyone know some nodes I can throw in the conf file?
Bump... please help, we really need some nodes to resync our blockchain!!!11:51:59 ? getpeerinfo THANK YOU! But something is obviously going wrong... the new headless client just won't connect to anything. Screwy. For some reason the version we were running last night went into safe mode, so I just compiled the latest off github (blackcoin/blackcoin) but ...?! all connections are being refused from it. Might have to revert... damn it. |
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Help? Just compiled the newest blackcoind, but it's not connecting to any peers. It just keeps trying one peer over and over (74.220.199.8:6181) and getting a connection timeout. IRC connect fail. The old version was working fine... wth.
Anyone know some nodes I can throw in the conf file?
Bump... please help, we really need some nodes to resync our blockchain!!! |
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Help? Just compiled the newest blackcoind, but it's not connecting to any peers. It just keeps trying one peer over and over (74.220.199.8:6181) and getting a connection timeout. IRC connect fail. The old version was working fine... wth.
Anyone know some nodes I can throw in the conf file?
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Special of the day: If you need a break from gambling on the market, come gamble with us  Between now and Midnight, GMT, place $300 in bets at StrikeSapphire (excluding poker) and we will send you 1000 BlackCoins!This is a one-day promotion. This is open to Bitcoin users as well (although BlackCoin deposits are preferred). |
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Is there something about the latest blackcoind not working with previous wallet.dat files? Downloaded the last off github today and it throws an error when we try to open our existing wallet with it. Meanwhile the old version is having to run ignoring safemode as of this morning.  |
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I like the new logo rat4 "B" will always be colloding with the B of Bitcoin, but hey, not much to do about that short of changing the name. jetlee, that logo is also very nice! Not sure about the slogan that goes around it though. What "destiny" does this coin determine?  Also, just from a desing perspective, you might not want to have a text that makes people turn their heads upside down. It's fine for real physical coins that you hold in your hand and can turn around, not so much with coins that are just representations on a computer screen I loved the old logo even if the new one is okay I like the old logo, too... it looks more like a very expensive AMEX card or something, and I think it adds to the mystique. This one is too robocop futuristic... I think the old one seems more serious (as far as people with large amounts of money might feel there's some "cachet" in owning the hard-to-buy BlackCoin). Not that anyone asked my opinion  |
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RE: shacoin
Are other blackcoin copycats a threat? Shacoin has all the fundamentals of blackcoin. Could be many more in development.
Is it up to the community to pick a winner?
Shacoin, ya right: Adopts a variable PoS rate with the following annual interest rate:
- Year 1: 25%
- Year 2: 15%
- Year 3-9: 10%
- Starting Year 10, it will have an annual PoS interest of 1% 25% ? I'm not interested. See MINT. As long as people want some, less is more. |
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--- Hey, I'm behind the Star-Spangled Curtain, could I get a screenshot of the blackcoin parts of your site? Thanks Aw man it's a drag whenever I hear about Americans who want to play. I grew up in Vegas. If I'd spent less time getting high in parking lots and more time sucking up to rich fucks I'd probably... well, actually I'd probably be working in a real nice cubicle office in Vegas and not living offshore. Anyway, here's what our interface looks like. Next time you're in Mexico give it a shot   https://strikesapphire.com/promo/blackcoin1.png https://strikesapphire.com/promo/blackcoin2.png |
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y'all beware that there are some nasty trolls who are cropping up that want to take down this coin now. We're being trolled on twitter for the quality of the casino, and for tying it to BlackCoin (or vice versa) which is ridiculous -- we're actually the only full casino in the virtual currency space (including bitcoin) that isn't running a pirated copy of someone else's software, and that operates legally. No other full casino smaller than 3dice runs their own verifiably fair platform, discounting dice games. We have deep roots and are well known for what we've done in the gaming industry, taking a lead in pulling towards Bitcoin. We opened that market. If we're taking flak along with BlackCoin you know it's somewhat serious and they're thinking about pulling out the guns to FUD the currency.
I think BC is naturally resistant to that and we're about to find out just how much so.
We dealt with similar trolling when we launched in Bitcoin in 2011; that time, it was on the casino forums, from people who ran Visa/Mastercard casinos. This time it's from Bitcoin or Litecoin trolls.
If prior experience is any guide, it means these people are on the ropes and see a real threat to their infrastructure; whether that's because they're other casinos and we were the first to move, or they're representing other currencies that don't have the fundamental longevity that BlackCoin has in its DNA. The multi-mining is going to deliver a knockout punch...at which point pretty much nothing anyone says against the currency will matter. But until then, fight the FUD =)
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Proud to announce that the first StrikeSapphire BlackCoin tournament has gone off without a hitch! Congrats to (dare I say it) Mr. Dick Fever, who came in first place (ummm, Dick you might want to say a few words, heheh). 1000 BTC to the winner. 700 [c], 300 and 150 to the runners up.
We're gonna do this again very soon. Meanwhile, park your BC at our blackjack table and you could just find yourself a bit heavier around the wallet area.
I'll be back later in the week with another freeroll. 'Til then, stay strong BC =D
over and out...
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Aphrodite coin... wtf? Another country shitcoin with 75% premine and people are still falling for this as it's 5th on coinmarketcap? A nice "month away airdrop" date so that hype can be built and 75% premine shoved up to sheeps throats. Bah this BS makes me sick.
well what about Greececoin that just launched? lol it had a huge trade volume right now and just the same as Spaincoin etc.. I have to say - I was a bit of a Mazacoin sucker, and several weeks ago we actually got close to choosing that coin as an alternate, primarily because of its connection to the Lakota and their gambling license. I should say alleged connection. Luckily we didn't pull the trigger on that, lol. That said I think it comes down to this: All virtual currency as prototyped by Satoshi is still really in its infancy. People are still figuring out what to do with it. The alts seem to break into two camps - the camp that tries to target a certain audience or a certain need, and the camp that tries to improve on the basic economic model. For a gambling site, there is some attraction to a coin like Maza if it were really officially backed by a gambling jurisdiction. If or when something like that comes along, we would jump on board. But for the most part, the second camp (that tweaks the economic model for specific, better results) is going to win this battle. And BlackCoin just stands out as a far more fundamentally viable currency system than anything else out there. There's also, I think, some gray area out there in between hardcore hard-currency believers, and on the other hand people who want to believe in an endless money supply. BlackCoin may or may not strike the right balance in the long run, but it seems quite close, and I think that's why it's generating so much interest. Obviously, to run a casino in the currency means to take a long-term long position on it. I'm excited for the mining pools to come up, but equally so for more merchants to get involved. Other casinos stand back, though! StrikeSapphire is going to be THE BlackCoin casino! |
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Yes. If you prefer to take winnings in BTC we will allow that. Once either coin is in our site, it can be withdrawn for the other (provided it has been played, or won on the site -- we're not an exchange). At the rate BlackCoin is rising right now though, you might want to just take the BC!
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Don't forget, our BlackCoin poker giveaway starts in just over 2 hours -- we still have spots open -- sign up now! https://strikesapphire.com
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First ever BLACKCOIN POKER FREEROLL tonight at https://StrikeSapphire.com!
Time: 8:00PM London (9:00PM Berlin)
Top 4 places pay: 1000 BC, 700 BC, 300 BC, 150 BCFree to enter, of course. Join it now...this will be a 2-table, 20 player Texas Hold'em with 4 minute blinds. We may expand it to 3 tables if we get enough entries. Come win your first BlackCoins!
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