I wrote an article on Blackcoin a few days ago and since then I have been getting lots of traffic from Google on a daily basis especially the last 1-2 days. I am not even ranked on the first page yet, I can only imagine how many hits the first page sites are getting. My blog usually ranks on the 3-4 page of search results. http://razorsforex.blogspot.com/2014/04/blackcoin-first-pos-proof-of-stake.htmlHere is the screenshot from my stats, that is only for the keyword "Blackcoin"  |
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At this point it might be worth to wait a bit for the new Scrypt ASIC, or a better and faster Bitcoin asics. Good luck with the doge. I'm holding quite a bit of doge myself. I bought a bunch more between 95 and 105 satoshis, so I'm really liking this rally.
Me too! And what's even better is that it contributes to the value of Coinfarm's scrypt operation; divident ATH today?  By the way, what do you guys think should be bought with the remaining 32000$? (Wow, never expected it to be that much - that's more than 20% of the total money invested in this) I think we have enough Bitcoin ASICs and gpus for now, and to be more diversified, the best option would be scrypt asics as soon as a "Gridseed 2.0" is out. Dogecoin seems to have a bright future, and they have no plan to switch to an algorithm that blocks ASICs. |
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I am not saying that you are faking it, I am saying the mining power could have been rented and pointed @ the pool to give the impressions that there is more and more buying support from the pool and accelerate the pumping that was going on. It is kind of a psychological boost. Just a theory, not making any accusations. If I was a part of a group of pumpers that is exactly what I would do, it strengthens the idea in people's minds that there is going to be increasing buying support and you strengthen the feedback mechanism thus perpetuating the pump. I have a theory on the multipool and I hope I am wrong.
If there is an organized community behind the pump I am almost certain they would have rented mining equipment to boost the multipool for added psychological effect.
Keep your eyes on the multipool to see if there are any large fluctuation in hashing rate. I saw a couple or large jumps when the pump was going that made me
very suspicious.
Maybe my imagination is just running wild, but keep watching the multipool.
Those jumps are server reboots (we did some last night) and coin switches. This is why LDG is working on version 2. Keeping 11Gh/s stable is no picknick. Expect the hashrate reporting to be off. However, last night we paid out nearly 3000 different addresses (thus miners) that have been on the pool over the 24 hours before that. We cannot fake 3000 miners. 11 GH/s = REAL. Now can we move on and work on the infrastructure some more ? |
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I have a theory on the multipool and I hope I am wrong.
If there is an organized community behind the pump I am almost certain they would have rented mining equipment to boost the multipool for added psychological effect.
Keep your eyes on the multipool to see if there are any large fluctuation in hashing rate. I saw a couple or large jumps when the pump was going that made me
very suspicious.
Maybe my imagination is just running wild, but keep watching the multipool.
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Guys, I asked one question a few days ago and no answer so far. What happens to the price of BC when Bitcoin starts to go up? I believe now everyone knows. The multipool is currently too small to maintain any sort of real buying to affect price much. All these fluctuation are due to organized groups with big pockets. The entire BC pump happened when BTC was tanking, you don't find this timing a little bit odd?  ? I like BC, but like I said before, these price rises are pure BS!!!! |
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60 btc?? LOL Have you seen the volume on mintpal today? 60 btc gets swallows up in seconds! It is a tiny tiny drop in the bucket. Once we get to 2-300 btc a day then that will have a measurable impact. If i had to call it Multipool bought AT around 30k and the greed and spec took it to 90k.. Weak hands bringing it back to 45-30k ... BC will be some stormy water for a while. Guys, I like BC too, but don't tell me this whole insane pump was because people are so in love with BC. The multipool is nowhere near enough to sustain a massive pump like this. This is all greed and speculation, people looking for a quick buck. The longterm it good for BC, but these kinds of pumps are pure BS!!!!
Speculation?? The multipool buys frikkin 40-60 BTC A DAY!! Thats not speculation its MASSIVE. And its only gonna get better! Also consider the fact the proof of stake is better than proof of work. And the idiots that support proof of work are seeing the truth now as Blackcoin sells their coins to buy itself. |
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Guys, I like BC too, but don't tell me this whole insane pump was because people are so in love with BC. The multipool is nowhere near enough to sustain a massive pump like this. This is all greed and speculation, people looking for a quick buck. The longterm it good for BC, but these kinds of pumps are pure BS!!!!
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The multipool needs to be 10x its current hashrate to have any meaningful impact on price. Considering the turnover the past few days, the multipool is very tiny right now.
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He was dumping while you guys were waiting for the announcement.  Just kidding. Can you just give us the announcement so I can go to bed peacefully?
IconicExpert, where are you? |
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Once the multipool gets to a 1000 btc a day buying power then we can sustain price without too many drops, otherwise it will yoyo around all over the place.
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Blog works fine. Service Unavailable
Error 503 LOL!!!! - exactly! |
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Soon BC will be overtaking Dogecoin, at that point all bets are off as to where price goes next.
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When is the payout from the multipool? There is some resistance to reach 100K on mintpal. Multipool payout might take care of it  |
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I am afraid to leave my computer at this point.
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quark was not pos however. Just think about it this rise started on a date and now its only going up, everyday with no stop OF COURSE its a pump don't matter if multipool or the top 100 that got millions already.
This starts to looks more like quark all over again.
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The fact that there are no miners dumping and a multipool that keeps buying is a pretty interesting combo. Add on top all the speculators and daytraders and bots and you can see where this whole thing is going.
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I think BC will hit 100,000k tonight.
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About 5 mil more on coinmarketcap and Blackcoin will overtake Dogecoin. That should be very FUN!!
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That is a very good idea. In the summer it is a lot better to run x11 algo. If it hasn't been done already I have reached out to Soepkip and asked that a X11 pool be looked into. Seems like most the coins coming out now will be switching to X11 and I for one cant run my gpu's at home much longer as things start to heat up (especially here in so cali) The reduced heat output from x11 would be nice
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