SackofBits
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April 08, 2014, 02:56:56 PM |
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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. I highly disagree with that statement but that is a topic for another thread
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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ManMachine
Member
Offline
Activity: 112
Merit: 10
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April 08, 2014, 02:59:24 PM |
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I hold until BC is worth
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MuffinMaster
Sr. Member
Offline
Activity: 1414
Merit: 265
Pepemo.vip
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April 08, 2014, 03:02:11 PM |
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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. 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...
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 08, 2014, 03:07:20 PM |
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Am I getting old and my vision fails or the price fonts on MintPal got smaller ?
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theneos
Member
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Activity: 84
Merit: 10
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April 08, 2014, 03:10:13 PM |
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Am I getting old and my vision fails or the price fonts on MintPal got smaller ? i think mintpal's got a subtle update to their layout so that might include having smaller fonts ---------- is there a countdown when the PR will be released? just 50 minutes to go here and it's Wednesday
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agx.io
Member
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Activity: 84
Merit: 10
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April 08, 2014, 03:10:49 PM |
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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 TeamFind us at: agx.io bitcointalk.org/index.php?topic=507474 bitcointalk handles: "agx.io," "AustinGlobal" twitter.com/AustinGlobalX austinglobal.tumblr.com
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CryptoSteam
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April 08, 2014, 03:11:33 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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)
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KryptoKings
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April 08, 2014, 03:12:11 PM |
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Nice... glad my 22 MH/s helped. @PeterPalmBeach - you are in my county?
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mrwalker1750
Member
Offline
Activity: 108
Merit: 10
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April 08, 2014, 03:15:30 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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...
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 08, 2014, 03:15:46 PM |
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Nice... glad my 22 MH/s helped. @PeterPalmBeach - you are in my county? @KryptoKings Palm Beach County
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ski92
Member
Offline
Activity: 112
Merit: 10
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April 08, 2014, 03:17:15 PM |
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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. I highly disagree with that statement but that is a topic for another thread x2 VW (not that i own any ) porsche, bmw, audi, mercedes, skoda, seat....... British use to be best, good old BMC engines 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.
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#Blackcoin Friday, once you go black.........
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IconicExpert
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April 08, 2014, 03:17:41 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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?
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StolenCoinSalesman
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April 08, 2014, 03:17:50 PM |
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People on this forum called Bitcoin over valued at $1 Haha. Blackcoin beats Mintcoin even when Mintcoin has 50,000 votes paid for by btc Gota love automated proxy voting for the boost
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KryptoKings
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April 08, 2014, 03:19:54 PM |
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Nice... glad my 22 MH/s helped. @PeterPalmBeach - you are in my county? @KryptoKings Palm Beach County Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments . The owner of the place is a huge BC fan.
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mrwalker1750
Member
Offline
Activity: 108
Merit: 10
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April 08, 2014, 03:20:48 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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???
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IconicExpert
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April 08, 2014, 03:22:57 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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??? The press release is just the tip of the iceberg. Over the next few weeks and month BC will be all over the place.
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PeterPalmBeach
Sr. Member
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 08, 2014, 03:23:53 PM |
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Nice... glad my 22 MH/s helped. @PeterPalmBeach - you are in my county? @KryptoKings Palm Beach County Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments . The owner of the place is a huge BC fan. @KryptoKings; is that like next to Publix? I might stop by then one day What a small world !
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mrwalker1750
Member
Offline
Activity: 108
Merit: 10
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April 08, 2014, 03:25:06 PM |
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Let's go to 1000000 satoshi nothing can resist to BC
Whoa 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??? 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.
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KryptoKings
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April 08, 2014, 03:27:26 PM |
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Nice... glad my 22 MH/s helped. @PeterPalmBeach - you are in my county? @KryptoKings Palm Beach County Insurance Designers on Parker Ave accepts Bitcoin and hopefully one day Blackcoin for insurance payments . The owner of the place is a huge BC fan. @KryptoKings; is that like next to Publix? I might stop by then one day 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
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r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
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April 08, 2014, 03:30:44 PM |
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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. 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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