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3741  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 07:18:25 PM
Why all buy orders are gone?

Investors probably got spooked by the pump announcement. You know - tone at the top says much about any company. Investors might see "management" as supporting pump and dumps. Investors don't like that. Lets hope this thing blows over and let the previous good work carry on.
3742  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:50:34 PM
The sudden change comes from people behind the scenes PMing me. If you look back at the posts from the past 24 hours you will get an idea of what I mean. There are people who are tired of the suppression and vowing to leave BC all together. Setting up huge buy walls is only a band-aid ....

You mean people that want to make a quick buck and do not want to wait for a $100 coin in a year's time? Let them get out if they are impatient. New investment and fresh capital will appreciate the stability and buy up their coins. There is no place for pump and dumpers in a long term stable coin.
3743  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:40:27 PM
Why does Iconic quote his own post? I hope he is not serious to go ahead with this fallacy. Unless he has a hidden agenda to quickly dump some coins to cash out. Everyone knows an artificial pump is not sustainable, so the value and well-being of the brand and coin cannot be his motivation for this.
3744  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:13:58 PM
I would not be surprised, if some of those whales we want to fight with this pump, would actually help it to happen. Making us belive that smashed sell walls and rising price is solely by our (small fishes) effort. Hype rises, and then BAM!!! Fishes are fried...

Agreed, rather keep the price in the band with a slight upwards trend. Keep the upper and lower support to maintain a consistent price with natural fluctuations between the upper and lower support levels. We will get there, even if it is in a year's time. Remember that consistency is the key to new investment and fresh capital.
3745  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 23, 2014, 02:08:16 PM
Bad idea. Prices are best to be left to natural fluctuations and market conditions. Every action has a reaction and everything should be in balance. Artificial things like this suggestion will have a certain effect, but because it is artificial it will not be supported by fundamentals and therefore not be sustainable with an unpredictable reaction. it is in anyways not a good idea in war to publicise that you will be sending in your cavalry at a certain point and time. The "enemy" can therefore prepare, plan a counter offensive and before you know it your cavalry has been defeated and you are left exposed. Let the price take its course, it will get there eventually naturally but supported by fundamentals and not by artificial meddling. Be patient.
3746  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 23, 2014, 01:55:32 PM
if every coin has a multipool, everything pretty much balances out.

Yes it is like your cavalry. The first army with cavalry wins the battle, but soon other armies add cavalry and then the odds balances out again. Until all the coins that are not MP resistant dies out then there are no coins the MP can mine anymore. Poor other new alt *&^% coins that go to war without armour, as they become the hunting grounds for all the main alt coin MPs.
3747  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 23, 2014, 01:34:01 PM
Nice explanation. So you think that multipool is good for WC in PoW phase, but in PoS, it won't ?
10-20k for WC is real or not? I mean mid term, few weeks, obviously not few days....

You cant directly mine WC in PoS phase. You can only then do it indirectly by mining other coins and exchanging those for BTC and then buy WC. This creates buy pressure. In that sense multipool is good for BC in PoS.
3748  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 23, 2014, 12:44:52 PM
1600 Blocks to go, the end of mining is in sight.

Waffle Pool gained 1 million White Coins overnight. They will continue to knock price down.

I really don't like multipools anymore, they destroy the value of any PoW coin.

You only realise that now? Multipools are poison.
3749  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 23, 2014, 12:11:10 PM
I am interested in the coin, where I can buy?

1. Mintpal
2. Cryptsy
3. Bittrex
3750  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 08:49:46 PM
setting my buy order at 750

Why you keep saying that? Some people like to live on the edge. I hope it works out for you and that you can get a decent buy order in at that price. I decided not to be greedy with my price but to rather take less of a risk to get onto the train. I would rather buy my train ticket online and make sure I have a ticket than to stand in the queue at the train station and hope to get it half price at the risk of tickets being sold out before I get to the front.

I thought we were always on a rocket to the moon, not a train.  Unless that train is headed towards MONEYTOWN!

That's funny I always pictured it as an 1800's steam train going up a gently meandering, picturesque mountain pass and right now I'm on the sleeping car.

"Oh conductor? Will you awaken me upon our arrival at satoshi town?"

"Of course, I will make a note of it good sir" said the conductor

Lennon : "But conductor, why has the train stopped?"

Conductor : "Because every time the train starts to move some beast called MP flies over us and take a dump on the railroad tracks which must be cleaned up first."

Lennon : "Conductor can you tell us when we will get to Satoshi town?"

Conductor : "It is hard to say as the railroad track has not been finished yet. There are many mountains and valleys to conquer but I am sure that the engineers are working out the best route for the track to be built and designing the bridges and tunnels."

Lennon: "Ok i will then relax and sip on my Long Island Ice Tea."

Conductor : "You do that and get some rest".



3751  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 08:28:34 PM
I see Wafflepool has replaced the "hidden" with Whitecoin. I guess they figured everybody knows it is Whitecoin anyways.
3752  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 08:25:58 PM
setting my buy order at 750

Why you keep saying that? Some people like to live on the edge. I hope it works out for you and that you can get a decent buy order in at that price. I decided not to be greedy with my price but to rather take less of a risk to get onto the train. I would rather buy my train ticket online and make sure I have a ticket than to stand in the queue at the train station and hope to get it half price at the risk of tickets being sold out before I get to the front.

I thought we were always on a rocket to the moon, not a train.  Unless that train is headed towards MONEYTOWN!

Ok then Smiley

Why you keep saying that? Some people like to live on the edge. I hope it works out for you and that you can get a decent buy order in at that price. I decided not to be greedy with my price but to rather take less of a risk to get onto the rocket. I would rather buy my rocket ticket online and make sure I have a ticket than to stand in the queue at the launch pad and hope to get it half price at the risk of tickets being sold out before I get to the front. (a more fitting ending might be... and risk being burnt by the exhaust flames when liftoff happens)
3753  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 08:14:53 PM
setting my buy order at 750

Why you keep saying that? Some people like to live on the edge. I hope it works out for you and that you can get a decent buy order in at that price. I decided not to be greedy with my price but to rather take less of a risk to get onto the train. I would rather buy my train ticket online and make sure I have a ticket than to stand in the queue at the train station and hope to get it half price at the risk of tickets being sold out before I get to the front.
3754  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 22, 2014, 07:49:03 PM
I own 18 BC. I know, its peanuts. But I am glad to be a part of this awesome community no matter how small that part may be. You guys are awesome!  Smiley

So in a year that is 18 * $100 = $1800. Not bad at all. It makes me think of the guy that remembered he bought $27 BTC years back and was surprised that he could buy himself an apartment with it at its peak. I wonder how many stories like these will be made of BC in years to come.

http://www.reddit.com/r/worldnews/comments/1pgr6p/man_buys_27_of_bitcoin_forgets_about_them_finds/
3755  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 07:16:32 PM
Has the pools agreed to payout in WC instead of dumping for BTC?
3756  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] (WC) | WhiteCoin | Distribution Stage Ending SOON! ☯ PoS ☯ exchanges ☯ on: April 22, 2014, 01:16:25 PM
do you guys prefer trading WC on cryptsy or Mintpal?

It depends on your objective. Mintpal is quicker to be affected in the current WC market conditions and Cryptsy follows suit but with a little lag - which creates opportunities depending what you want to achieve.
3757  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 22, 2014, 01:09:57 PM
My Blackcoin price prediction:
The price will either go up or go down. Pricing will fluctuate and change everyday. Some people will sell and some will buy. That's my prediction.

And to add to that - you will either make money or lose money.
3758  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO on: April 21, 2014, 10:21:27 PM
BlackCoin Just Got Better!!!

I just worked out an amazing deal with the factory that manufactures the BlackCoin Card! Everyone who purchased the Limited Edition and the First Edition BlackCoin cards will automatically be upgraded to 8 GIGS for FREE!!!

You can buy the BlackCoin Card here: http://www.blackcoincard.com



Hmm... Blockchain size is ~143 mb now... Didn't though of it earlier but does anyone now what's the average increase of blockchain size per month for POS phase? What size to expect in year or two?

It depends on things like number of transactions. Lets take the BTC blockchain as an example. It started off in 2009 and initially the blockchain was not that large. It is now around 14GB  for the Jan 2014 bootstrap file. What is interesting is that if you load the Jan 2014 bootstrap now, after importing the blocks, the bar is just over half way and the rest you have to download, indicating that usage of BTC was almost as much in the last 3 months than in the last 4 years. I dont know if there is a new bootstrap file, but my up to date BTC block folder is 20GB in size.

If the community sees BC as being used in day to day transactions for retail , online purchases etc, the blockchain size will outpace that of BTC. It is not far fetched that if BC is used much more that BTC, the blockchain size for BC might be the size of BTC in one year from now.
3759  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine on: April 21, 2014, 08:43:56 AM
Is any ones average hashrate on the multipool lower then the displayed hashrate on the rig?

my rig shows 1.4 mh/s and the multipool usually shows an average of 1.31 ever since I started mining on it 5 days ago. The best it did for a few days was about 1.35.

If anyone had the same problem and fixed it let me know.


It's normal for hash rate at the pool to be slightly lower than at the miner. Your WU number is probably what you should compare to the pool readings. Things like latency, inefficiency etc affect your 'actual hash rate'. It's sort of like how in a car engine horse power is larger than brake horsepower, because there are inefficiencies along the way.

Distance to the node, hardware errors, rejects, failures and several other things play a part. The pool hash rate is the actual accepted hash rate of what went through after subtracting the inefficiencies.
3760  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][EXE] Execoin - Fast | ASIC resistant | Multipool proof | KGW | no-premine on: April 20, 2014, 10:45:07 PM
I sold my Exe earlier to catch the BC and WC trains. Will get back to it later with the profits from the train journey. I still believe in the coin, but it will probably take of when ASICs arrive in force.
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