Punish the whales who try to manipulate and make them sad with your buy orders 

Mintcoin just forked...

Sent my 5 votes.

I'm online for another 3 hours so you can count another 15 votes from me (5 votes per hour). 

Good point. I didn't think of that. It could just be people dumping their 20% interest.

Maybe the dev could lower the rate of interest. 20% is pretty ridiculously high and people are just going to dump that onto the market as free profit everyday.

Maybe. Or maybe it was someone cutting their losses and bailing. Up until that dump the total daily trading volume was like 9 BTC and it's been looking stale for a week now.

Let's not overstate the effect of the mulitpool on the price. It gives a nice little boost but the daily trading volume of Blackcoin is 500 to 1000 BTC.

In terms of price this coin by design is going to trend upwards so long as there is demand. The amount of coins in circulation is virtually fixed (1% inflation a year is nothing). Compared to Litecoin which has hundreds of thousands of dollars of new mined coins dumped on the market every day. Then factor in these selling points - 10 second transactions (proof of work coins like Worldcoin FORKED when they tried to go down to 30 seconds, no way they can handle 10 seconds so they stay safe at 60 secs), 100% pure of stake, strong community, no pre-mine etc.

When we get up to Litecoins price the only dumps we have to sustain are people taking profits. If you have followed the price of Blackcoin like I have there have been several "floors". Once a floor is established and enough people have dumped their cheaper bought coins for profit, the next upswing occurs  . We saw this at 600 satoshis, 1500 satoshis, briefly at 3500 satoshis, 5000 satoshis approximately and if we stay in the 8000's  or higher by monday I will call the 8000's the new floor.

9500 is going to be a big barrier to break. Because the last few times we've been near it the price has dipped, sometimes a fair bit. But we observed this exact same behaviour at 5000 and when we finally broke 5000 for the first time the crowd went wild and we went on a pump up to 9000 very quickly (this is exactly as I predicted and I posted as such here). My only concern right now is the BTC uncertainty with china. A btc crash always sends shockwaves throughout the crypto community causing everything to drop. Conversely, seeing Blackcoin rise steadily in these market conditions is a very bullish indicator. These are very early days with Blackcoin and all my analysis points to big price rises ahead.

I've ended up writing a lot more than I expected but it's because I am a passionate supporter of this amazing coin and my confidence only grew as I saw what a skilled developer we have (even found a security flaw in Mintcoin).

There is lots of fear, uncertainty and doubt spread in this community by manipulators but people here are also smart enough to read between the lines and that is why we are seeing Blackcoin grow from strength to strength as other coins are struggling.

There are great times ahead, I urge everyone to be patient and reap the rewards. 6 months from now we will all be extremely happy.

I'm done!  

Big difference between BC and those coins. Each of those coins a huge mount of newly mined coins are dumped onto the market that the buy orders have to support. This constantly puts downward pressure on prices.

Hundreds of thousands of dollars of newly mined litecoins are made every day and a good amount of those get dumped. Blackcoin doesn't have to worry about that.

It's this very same reason why NXT was able to jump in price so quickly with minimal buzz or exposure in the wider media. So long as there is demand and a community, a solid POS with a good dev and prospects is golden.

$4 would mean litecoin market cap.

Only one? 

Are any of the top 20 known in this topic?

Blackcoin saved your ass. Be grateful 

Exactly. We just need to be patient and hold our nerve. This community is growing daily and I expect great things to happen in the next 4 weeks. A 500% increase in value in the next 2 months seems realistic. In fact that's being bearish.

If it appears? What a joke.

Dishonest dev, dishonest community.

That's just cos they didn't know what they were doing and thought it would bring enhanced protection of the blockchain (I guess a reasonable enough assumption if someone isn't familiar with code and just forked peercoin from github without understanding it). But it actually weakened the blockchain.

I think it's a smart move to follow Blackcoin's lead and copy the pure proof of stake approach.

Whether the Mintcoin knows how to handle a pure proof of stake coin, that is a separate matter. You'll see what I mean by that.

The vulnerability the BC dev discovered only applies to MINT.

Nice post. The Mintcoin community is lucky to have you. You actually sound more knowledgeable than the MINT dev himself  

However I think it's best that Soepkip and Rat4 leave this one to you guys to try and fix this mess. They've gotten mostly abuse for their work here. Talk about a thankless task.

So far a new person reading this topic will see that 50% of the regular posters are actually liars if they read the last few pages and then check the blockchain explorer to see the attack in black and white.

I used to be a big MINT supporter, feel free to check my post history I was here in the early days.

Haha. Half of your community are bag holders in denial who won't even admit there is a problem so I am hoping Rat4 doesn't touch it. Especially after the rubbish he has had to put up with today.

+1.

It's a shame people in the MINT community aren't smart enough to realise new people who might be interested in joining mintcoin are likely put off from joining when they see such blatant FUD attempts.

I would run a hundred miles in the opposite direction if I was new to MINT and read the last 5 pages in this topic  

So it's even worse than we thought. The entire network was frozen with no confirmations, and that was only carried out by the first stage of the attack.

Game over.