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Author Topic: [ANN] BlackCoin (BLK/BC) | PoS | No premine | No IPO  (Read 2060051 times)
Chiggins
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February 25, 2014, 04:54:42 PM
 #1001

Seems like an interesting coin. Pointed the rig at scryptominers last night and have ~1700 mined so far, not great, but I'm only working with 1.4mh currently (haven't optimized).

Couple of questions, sorry if they're dumb, but I'm pretty new to this (literally set up my stuff end of last week).

1. It seems to take ages for the coins to confirm, comparatively to previous pools/coins I've tried. I see people saying that's a good thing to quell the dumpers, it makes sense but I just want to confirm that's a right assumption.

2. PoS is interesting, but it seems like unless you hold a crapton of BC the interest rate just makes them super unusable other than to bring to the exchanges. Can someone give a quick rundown of how that might pan out once the PoW period is done?

3. CryptoALTeX has crazy cheap BC, anyone used them so far with success? Nice little exchange, I like it.
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Hampuz
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February 25, 2014, 04:56:25 PM
 #1002

I base my price speculation from the simple fact that it has a low amount of coins & will be one of the first Pure PoS coins with a fair distribution.

I would buy up all the cheap coins if i had any btc, believe me. Currently holding about 50K BlackCoin and that's about it.
Sparkzor
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February 25, 2014, 04:56:48 PM
 #1003

Why are you guys dumping at such low prices? This coin should reach 5K satoshis ATLEAST

Why?


Also if so why are you posting here about it and not buying the cheap coins? I too think this price is cheap but you have no ground to stand on and make these claims of future pricing!
5k sat would make the total market cap around $2.5M
With this difficulty that should be possible. The coin is pretty popular and a lot of people are mining it.
$2.5M is the same market cap as Darkcoin and we should be able to have the same market cap as them.
hoju2k
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February 25, 2014, 04:59:34 PM
 #1004

Things value is what people are willing to pay for them, no more, no less.
d4wn0ff473
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February 25, 2014, 05:02:11 PM
 #1005

Things value is what people are willing to pay for them, no more, no less.

Ah yes the age old line of bs of someone who wants to get something for nothing.
steveperry
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February 25, 2014, 05:02:55 PM
 #1006

Have any of you guys been using this site?

https://www.cryptoaltex.com/index.php?page=trade&market=4

If so, are deposits and withdrawals moving quickly and smoothly?  Does it seem pretty legit?
rat4
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February 25, 2014, 05:03:39 PM
 #1007

UPGRADE TO v1.0.1 AS SOON AS POSSIBLE
HARD FORK AT BLOCK 5000
Kreativekrypto
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February 25, 2014, 05:05:00 PM
 #1008

Have any of you guys been using this site?

https://www.cryptoaltex.com/index.php?page=trade&market=4

If so, are deposits and withdrawals moving quickly and smoothly?  Does it seem pretty legit?

I've traded here today its working great. Fast confirms too.
illodin
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February 25, 2014, 05:05:38 PM
 #1009

I base my price speculation from the simple fact that it has a low amount of coins & will be one of the first Pure PoS coins with a fair distribution.

I would buy up all the cheap coins if i had any btc, believe me. Currently holding about 50K BlackCoin and that's about it.

Well I hope you're right as I hold 50k+ as well, but true value will become if the coin is actually going to be used for something else than speculation and I just can't see it, there are other coins with so large head start in that department with large dev teams and when the mining stops, so will the interest imo. But, I hope I'm wrong though!
TrollboxChamp
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February 25, 2014, 05:06:15 PM
 #1010

Have any of you guys been using this site?

https://www.cryptoaltex.com/index.php?page=trade&market=4

If so, are deposits and withdrawals moving quickly and smoothly?  Does it seem pretty legit?

I have bought 40k on here so far  Cheesy (safely in my wallet now)
Soepkip
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February 25, 2014, 05:10:42 PM
 #1011

Have any of you guys been using this site?

https://www.cryptoaltex.com/index.php?page=trade&market=4

If so, are deposits and withdrawals moving quickly and smoothly?  Does it seem pretty legit?

Jup, sold a little batch earlier today to test them, they are legit so far.
Hampuz
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February 25, 2014, 05:11:24 PM
 #1012

New client runs smoothly, thanks for the update. Whats the fork about?
illodin
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February 25, 2014, 05:13:12 PM
 #1013

Is it ok to shutdown the wallet, update it, start it again if I have coins in the Immature state?
Hampuz
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February 25, 2014, 05:14:25 PM
 #1014

Is it ok to shutdown the wallet, update it, start it again if I have coins in the Immature state?

better make a copy of the wallet.dat file before doing anything Smiley
Snard
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February 25, 2014, 05:14:58 PM
 #1015

When does PoS start generating stake? I've had coins in my wallet for over 16 hours and still no stake.  I thought it was every 8 hours?

PoS blocks wont be very common until PoW is done. (my impression)

PoS blocks have nothing to do with PoW.  If your coins mature to 8 hours they should become eligible for POS.

Anyone had a POS mined block yet?
heyho
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February 25, 2014, 05:15:06 PM
 #1016

Is it ok to shutdown the wallet, update it, start it again if I have coins in the Immature state?

Yes
Sparkzor
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February 25, 2014, 05:15:30 PM
 #1017

Is it ok to shutdown the wallet, update it, start it again if I have coins in the Immature state?

better make a copy of the wallet.dat file before doing anything Smiley

Nah no need, just replace the Blackcoin-QT
Soepkip
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February 25, 2014, 05:16:28 PM
 #1018

Hey guys:

Web: http://blackcoinweb.wordpress.com/
Facebook: https://www.facebook.com/pages/Blackcoin/213791248827612?ref=hl (need 30 likes to make /blackcoin work!)
Twitter: https://twitter.com/CoinBlack

5 likes on FB so far and 3 followers on Twitter, this could be more!
BitcoinStacker
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February 25, 2014, 05:17:19 PM
 #1019

Why are you guys dumping at such low prices? This coin should reach 5K satoshis ATLEAST

+1 i think 10k Satoshis is possible so im buying the cheap coins  Grin Grin

Donate if I helped you BTC: 1GF3X5rkLZEYX6GkTrJzhEC6DkKgUVwNce
Greekpool
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February 25, 2014, 05:29:09 PM
 #1020

Hey guys:

Web: http://blackcoinweb.wordpress.com/
Facebook: https://www.facebook.com/pages/Blackcoin/213791248827612?ref=hl (need 30 likes to make /blackcoin work!)
Twitter: https://twitter.com/CoinBlack

5 likes on FB so far and 3 followers on Twitter, this could be more!
Following  Grin

For a list of our pools visit http://greekpool.eu
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