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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2509631 times)
SackofBits
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April 08, 2014, 02:56:56 PM
 #13121

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Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

I highly disagree with that statement but that is a topic for another thread Smiley

BadgerCoin: BCE5ABarPLdenidMRSr4vJK1z2u7VWzoDo
https://www.youtube.com/watch?v=EIyixC9NsLI
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ManMachine
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April 08, 2014, 02:59:24 PM
 #13122

I hold until BC is worth
MuffinMaster
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April 08, 2014, 03:02:11 PM
 #13123

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Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

Germans lost the war because they went east, and while most of their equipment while superb, was way too complicated. Better to have 1000 ok tanks then 100 really good tanks. Also if they would have waited a year before invading poland they would have been significantly ahead of everyone in terms of technology. Jet power would have played a key roll.

It also didn't help that Hitler was crazy as balls at the end.

anywho...

PeterPalmBeach
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April 08, 2014, 03:07:20 PM
 #13124

Am I getting old and my vision fails or the price fonts on MintPal got smaller ? Grin
theneos
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April 08, 2014, 03:10:13 PM
 #13125

Am I getting old and my vision fails or the price fonts on MintPal got smaller ? Grin

i think mintpal's got a subtle update to their layout so that might include having smaller fonts Tongue

----------

is there a countdown when the PR will be released?  just 50 minutes to go here and it's Wednesday Tongue
agx.io
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April 08, 2014, 03:10:49 PM
 #13126

Buy/Sell/Trade BlackCoin on agx.io! Need reasons to switch to Austin Global Exchange? Just see what our customers had to say about us during Beta testing: http://bit.ly/1enrDIp AGX launched out of Beta last week and BlackCoin volumes are slowly and steadily rising...

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com
CryptoSteam
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April 08, 2014, 03:11:33 PM
 #13127

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
What if big business adopts BC?

I can see that happening and I can also see that BC has the best potential to reach a marketcap of at least 100 Billion dollars. Apple and Google is currently worth a lot more than that.

Currently, BTC has about 12.6 million coins in circulation with a marketcap of about 5.7 Billion dollars.

5.7 Billion / 12.6 Million = BTC Price

Blackcoin has about 74.5 Million coins in circulation.

74.5 / 12.6 = BC/BTC Multiplier of 5.9

5.7 Billion * 5.9 = Approx 33.6 Billion Dollars Marketcap for Blackcoin is needed to equal Bitcoin value in today's dollars.

If after massive adoption and Blackcoin reaches 100 billion dollar marketcap with 75 million coins in circulation, Blackcoin value would equal approximately $1,333 each in today's dollars. (100 Billion / 75 Million)
KryptoKings
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April 08, 2014, 03:12:11 PM
 #13128

We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
mrwalker1750
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April 08, 2014, 03:15:30 PM
 #13129

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
What if big business adopts BC?

I can see that happening and I can also see the BC has the best potential to reach a marketcap of at least 100 Billion dollars. Apple and Google is currently worth a lot more than that.

Currently, BTC has about 12.6 million coins in circulation with a marketcap of about 5.7 Billion dollars.

5.7 Billion / 12.6 Million = BTC Price

Blackcoin has about 74.5 Million coins in circulation.

74.5 / 12.6 = BC/BTC Multiplier of 5.9

5.7 Billion * 5.9 = Approx 33.6 Billion Dollars Marketcap for Blackcoin is needed to equal Bitcoin value in today's dollars.

If after massive adoption and Blackcoin reaches 100 billion dollar marketcap with 75 million coins in circulation, Blackcoin value would equal approximately $1,333 each in today's dollars. (100 Billion / 75 Million)



Whoa...
PeterPalmBeach
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April 08, 2014, 03:15:46 PM
 #13130

We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
@KryptoKings Palm Beach County
ski92
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April 08, 2014, 03:17:15 PM
 #13131

Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

I highly disagree with that statement but that is a topic for another thread Smiley
x2 VW (not that i own any  Wink) porsche, bmw, audi, mercedes, skoda, seat.......
British use to be best, good old BMC engines  Roll Eyes did like my mini though haha
Germans lost the war because they went east, and while most of their equipment while superb, was way too complicated. Better to have 1000 ok tanks then 100 really good tanks. Also if they would have waited a year before invading poland they would have been significantly ahead of everyone in terms of technology. Jet power would have played a key roll.

It also didn't help that Hitler was crazy as balls at the end.

anywho...
yep the russians, always have loads of kit.

#Blackcoin Friday, once you go black......... Wink
IconicExpert
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April 08, 2014, 03:17:41 PM
 #13132

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.

True...but it is possible. We are basing everything on the current landscape. What happens when more people find out about crypto-currencies? Also, all it takes is one or two significant events to make the value go through the roof.

For BC to hit that value a few things will have to happen.

1.) A few well known merchants will have to accept BC.
2.) We will have to conitnue to get the attention of the mainstream media.
3.) The devs will have to remain active and keep innovating.
4.) The community will have to continue to grow at a consistent rate.

Eventually there will be a coin that will knock BTC off the #1 spot, it is inevitable. So why can't it be BC?
StolenCoinSalesman
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April 08, 2014, 03:17:50 PM
 #13133

People on this forum called Bitcoin over valued at $1  Smiley


Haha. Blackcoin beats Mintcoin even when Mintcoin has 50,000 votes paid for by btc  Cheesy

Gota love automated proxy voting for the boost
KryptoKings
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April 08, 2014, 03:19:54 PM
 #13134

We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
@KryptoKings Palm Beach County

Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments  Wink . The owner of the place is a huge BC fan.
mrwalker1750
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April 08, 2014, 03:20:48 PM
 #13135

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.

True...but it is possible. We are basing everything on the current landscape. What happens when more people find out about crypto-currencies? Also, all it takes is one or two significant events to make the value go through the roof.

For BC to hit that value a few things will have to happen.

1.) A few well known merchants will have to accept BC.
2.) We will have to conitnue to get the attention of the mainstream media.
3.) The devs will have to remain active and keep innovating.
4.) The community will have to continue to grow at a consistent rate.

Eventually there will be a coin that will knock BTC off the #1 spot, it is inevitable. So why can't it be BC?

5.) A celebrity wearing a blackcoin t-shirt?

Maybe???
IconicExpert
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April 08, 2014, 03:22:57 PM
 #13136

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.

True...but it is possible. We are basing everything on the current landscape. What happens when more people find out about crypto-currencies? Also, all it takes is one or two significant events to make the value go through the roof.

For BC to hit that value a few things will have to happen.

1.) A few well known merchants will have to accept BC.
2.) We will have to conitnue to get the attention of the mainstream media.
3.) The devs will have to remain active and keep innovating.
4.) The community will have to continue to grow at a consistent rate.

Eventually there will be a coin that will knock BTC off the #1 spot, it is inevitable. So why can't it be BC?

5.) A celebrity wearing a blackcoin t-shirt?

Maybe???

Smiley The press release is just the tip of the iceberg. Over the next few weeks and month BC will be all over the place.
PeterPalmBeach
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April 08, 2014, 03:23:53 PM
 #13137

We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
@KryptoKings Palm Beach County

Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments  Wink . The owner of the place is a huge BC fan.

@KryptoKings; is that like next to Publix? I might stop by then one day  Wink What a small world !
mrwalker1750
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April 08, 2014, 03:25:06 PM
 #13138

Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.

True...but it is possible. We are basing everything on the current landscape. What happens when more people find out about crypto-currencies? Also, all it takes is one or two significant events to make the value go through the roof.

For BC to hit that value a few things will have to happen.

1.) A few well known merchants will have to accept BC.
2.) We will have to conitnue to get the attention of the mainstream media.
3.) The devs will have to remain active and keep innovating.
4.) The community will have to continue to grow at a consistent rate.

Eventually there will be a coin that will knock BTC off the #1 spot, it is inevitable. So why can't it be BC?

5.) A celebrity wearing a blackcoin t-shirt?

Maybe???

Smiley The press release is just the tip of the iceberg. Over the next few weeks and month BC will be all over the place.

Awesome. Excited.
KryptoKings
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April 08, 2014, 03:27:26 PM
 #13139

We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
@KryptoKings Palm Beach County

Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments  Wink . The owner of the place is a huge BC fan.

@KryptoKings; is that like next to Publix? I might stop by then one day  Wink
Yes. Ask for Joe. Tell him he needs to accept Blackcoin next. I'm sure he will tell you he is keeping a close eye on BC. He will probably see this in the forums... lol
r0ach
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April 08, 2014, 03:30:44 PM
 #13140



Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

Unless you're trying to sell rap albums, this kind of marketing is not going to be adopted by any business.

I don't particularly like NXT, but NXT or PPC will bury this coin from superior marketing alone.

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