[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[toknormal]

I want to specifically call on all who are not believers in Blackcoin

Investing isn't a religion.

It involves the use of a calculator not a bible.

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[IconicExpert]

There will always be room for competition and eventually Bitcoin will lose appeal because its POW model is not sustainable over time

You're reading too much into the Proof of Stake thing and your logic contains an awful lot of wishful thinking and assumptions.

The first time I came across a coin with such a fanatical community was Worldcoin. Exactly the same recipe - they thought their coin was going to take over the world because it had fast transaction times.

That's how silly your argument looks right now. There is nothing in Blackcoin that isn't heading straight for obsolescence in terms of novelty value within a couple of months. It will probably gain in value due to the multi pool effect but not from anything else and the multi-pool support will be short lived once it's found to work because everybody will be doing it and everybody will be proof of stake and everybody will be investing 6 figure sums in marketing and everybody will have an amazing community.

The only thing "everybody" won't have is the slightest bit of traction on bitcoin.

You are entitled to your opinion as I am entitled to mine. No one can predict the future, but at the end of the year I hope to see you around so I can say "I told you so". 

[Starving_Marvin]

There will always be room for competition and eventually Bitcoin will lose appeal because its POW model is not sustainable over time

It will probably gain in value due to the multi pool effect but not from anything else and the multi-pool support will be short lived once it's found to work because everybody will be doing it and everybody will be proof of stake and everybody will be investing 6 figure sums in marketing and everybody will have an amazing community.

It is technically impossible that everyone could do a similar multipool. I guess mintcoin could. And handful of other even more unknown coins. Would need to make a new coin...

[damiano]

There will always be room for competition and eventually Bitcoin will lose appeal because its POW model is not sustainable over time

It will probably gain in value due to the multi pool effect but not from anything else and the multi-pool support will be short lived once it's found to work because everybody will be doing it and everybody will be proof of stake and everybody will be investing 6 figure sums in marketing and everybody will have an amazing community.

It is technically impossible that everyone could do a similar multipool. I guess mintcoin could. And handful of other even more unknown coins. Would need to make a new coin...

It wouldn't work out so good with mintcoin.

Inflation

[morituri13]

In less than 24 hours we as a community will introduce the world to BlackCoin, and tomorrow we will make history!!! Yesterday the mere mention of Blackout Wednesday sent a shock wave through the crypto-community and increased BlackCoin value to over 9000!!! What do you think will happen when the rest of the world find out about BlackCoin???

There are some naysayers who claim BlackCoin has peaked. Those are the same naysayers that said BlackCoin peaked at 500 sat, and then they said BlackCoin peaked at 2000 sat, and then again at 7000 sat. They will continue to say BlackCoin has peaked all the way to 990000 sat!!! I do not blame them for their ignorance, they have never witnessed anything like BlackCoin before and they do not know how to react. Our community is only several weeks old and we wield more power and influence than other communities that have been around much longer!!! Now imagine the BlackCoin community in another 3 months!!!

Tomorrow lets finally quiet the critics and put any doubts to rest about BlackCoin. We are here to stay and we will continue to innovate and grow until we are #1.

Once you go black...

Some of you want to buy BlackCoin but you keep waiting for the "right time". The right time is NOW!!! You missed the boat at 500 sat, 1000 sat, 2000 sat, 5000 sat, 7000 sat, and now you will miss the boat at 9000 sat!!! Everyone always say "I wish I had bought Bitcoin when it was worth only a few cents, I would have been able retire early". We often never get a second chance at something, but this is your second chance at picking a winner!!! Lets say you only spend $42.00 on 1000 BC, and lets assume I am wrong and BC fizzles out. You only lose beer money for few drinks at a bar, but it was fun taking the small risk. But lets say I am right and that 1000 coins end up being worth $40,000. Imagine telling your family and friends you invested $42.00 and turned it into $40,000!!! And if you think I am being unrealistic, ask the people who bought Bitcoin less than two years ago if I am exaggerating!!!

I want to specifically call this out as ridiculous and irresponsible behaviour. While I do suggest investing in BC, $40000 is an asinine, arbitrary inflated, Pump and Dump crapfest. And I normally try to use decent language. If you invest $42 dollars it would be OPTIMISTICALLY reasonable that you may end up with $100 in a few months time. That would be BEST CASE scenario. Honestly. This is rubbish. I am a big BC holder, btw.

You need to know your crypto-history before calling someone out. Someone who bought 1000 BC at 500 sat would have paid roughly $2.00. Now that same 1000 coins are worth $40.00. I would like to point out that is less than 2 months. Someone who bought 1 BTC at the start October of 2013 would have paid roughly $127. By mid November that 1 BTC was worth over $1000. Now please move on....

I am in the top 25 for BC wallets. My average buyin is 2200 sat. I understand that I have seen over 4x return, and if earlier could have seen 16x or more. But to think that that is going to continue at this rate is purely insane optimism. As the price increases it takes more and more BTC to increase. That should be pretty easy to understand. I'm not saying BC isn't going up. I want it to. I would be willing to bet I have more BC than you as I know 10 of the holders above me. And that is why I am on here trying to protect my investment. This is not a pump and dump coin, but when you say things like "ALL ABOARD THE TRAIN" and crap claims of taking $42 dollars to $40000, it comes across as such.

As one investor to another: slow your roll. If we double our money in a month, let's high five, and then take it from there.

[colinfx]

There will always be room for competition and eventually Bitcoin will lose appeal because its POW model is not sustainable over time

You're reading too much into the Proof of Stake thing and your logic contains an awful lot of wishful thinking and assumptions.

The first time I came across a coin with such a fanatical community was Worldcoin. Exactly the same recipe - they thought their coin was going to take over the world because it had fast transaction times.

That's how silly your argument looks right now. There is nothing in Blackcoin that isn't heading straight for obsolescence in terms of novelty value within a couple of months. It will probably gain in value due to the multi pool effect but not from anything else and the multi-pool support will be short lived once it's found to work because everybody will be doing it and everybody will be proof of stake and everybody will be investing 6 figure sums in marketing and everybody will have an amazing community.

The only thing "everybody" won't have is the slightest bit of traction on bitcoin.

You are assuming community momentum slows down. If it doesn't...

[MuffinMaster]

I want to specifically call on all who are not believers in Blackcoin

Investing isn't a religion.

It involves the use of a calculator not a bible.

if it involves a calculator then why are you a holder of nxt ? did you hold as it dropped from 100 million market cap to 25 million?

Couldn't you use that calculator and spend your time doing something productive? Use your time and money to invest in a coin you calculate to be a good investment? Or should you use that time and effort and claim for the past week that blackcoin is a bad investment?

Yet nxt continues to slip and blackcoin continues to gain ground.

Dude, you're a hypocrite, get over yourself.

[mrwalker1750]

I want to specifically call on all who are not believers in Blackcoin

Investing isn't a religion.

It involves the use of a calculator not a bible.

LOL!! Ha ha ha!

Never had a religious implication, my friend. That was a funny couple of lines.

I respect your opinion to think that Blackcoin will fizzle out. I also respect your freedom to speak that opinion.

I just want to hear you speak up when I use said calculator to count my funds because the numbers are too high.

Keep motivating us my friend!

[ski92]

I mined a fair few, and invested $500 at 500 sat guess how much im sitting on now  

[parker928]

I think anytime a new coin comes out that could compete with blackcoin, we should point the multipool at it...it won't stand a chancee...

[IconicExpert]

You need to know your crypto-history before calling someone out. Someone who bought 1000 BC at 500 sat would have paid roughly $2.00. Now that same 1000 coins are worth $40.00. I would like to point out that is less than 2 months. Someone who bought 1 BTC at the start October of 2013 would have paid roughly $127. By mid November that 1 BTC was worth over $1000. Now please move on....

I am in the top 25 for BC wallets. My average buyin is 2200 sat. I understand that I have seen over 4x return, and if earlier could have seen 16x or more. But to think that that is going to continue at this rate is purely insane optimism. As the price increases it takes more and more BTC to increase. That should be pretty easy to understand. I'm not saying BC isn't going up. I want it to. I would be willing to bet I have more BC than you as I know 10 of the holders above me. And that is why I am on here trying to protect my investment. This is not a pump and dump coin, but when you say things like "ALL ABOARD THE TRAIN" and crap claims of taking $42 dollars to $40000, it comes across as such.

As one investor to another: slow your roll. If we double our money in a month, let's high five, and then take it from there.

[/quote]

With all do respect I do not care if you are one of the top 25 holders or the #1 holder. How many BC coins you hold means very little if you are on the sidelines waiting to count your return on your investment. I have invested my time and my personal money to help BC get to this point. Why do you think we are currently trading above 9000? Why do you think BC went from 7100 to 8100 in less than 10 minutes after I made my announcement? That was not a coincidence, and it was just the tip of the iceberg. What I have going on behind the scenes will take BC to the next level and that is not hype, just fact. So just sit back while some us help this coin reach new heights and you can thank me later on when it is trading at $40.00 a coin.

[toknormal]

but at the end of the year I hope to see you around so I can say "I told you so".  

I'll be only too happy to oblige. I've been wrong about plenty things and don't mind being proved wrong again, I just see what I see and once you've seen the same pattern a few times an element of predictability starts accompanying these observations.

For example Myriadcoin has a load of "interesting" distinguishing features just like BC did at the start but it's sitting there as yet unpumped at 450 Satoshis - one tenth of BC's value even corrected for coin supply. I'd be hard pushed to guess which one had the more upside at this point regardless of whatever long term factors apply.

[colinfx]

but at the end of the year I hope to see you around so I can say "I told you so".  

I'll be only too happy to oblige. I've been wrong about plenty things and don't mind being proved wrong again, I just see what I see and once you've seen the same pattern a few times an element of predictability starts accompanying these observations.

For example Myriadcoin has a load of "interesting" distinguishing features just like BC did at the start but it's sitting there as yet unpumped at 450 Satoshis - one tenth of BC's value even corrected for coin supply. I'd be hard pushed to guess which one had the more upside at this point regardless of whatever long term factors apply.

Erm... No it doesn't. It suffers from extremely high coin inflation, a flawed distribution model. All it has is multiple mining algorithms which mean nothing to non-miners.

[morituri13]

You need to know your crypto-history before calling someone out. Someone who bought 1000 BC at 500 sat would have paid roughly $2.00. Now that same 1000 coins are worth $40.00. I would like to point out that is less than 2 months. Someone who bought 1 BTC at the start October of 2013 would have paid roughly $127. By mid November that 1 BTC was worth over $1000. Now please move on....

I am in the top 25 for BC wallets. My average buyin is 2200 sat. I understand that I have seen over 4x return, and if earlier could have seen 16x or more. But to think that that is going to continue at this rate is purely insane optimism. As the price increases it takes more and more BTC to increase. That should be pretty easy to understand. I'm not saying BC isn't going up. I want it to. I would be willing to bet I have more BC than you as I know 10 of the holders above me. And that is why I am on here trying to protect my investment. This is not a pump and dump coin, but when you say things like "ALL ABOARD THE TRAIN" and crap claims of taking $42 dollars to $40000, it comes across as such.

As one investor to another: slow your roll. If we double our money in a month, let's high five, and then take it from there.

With all do respect I do not care if you are one of the top 25 holders or the #1 holder. How many BC coins you hold means very little if you are on the sidelines waiting to count your return on your investment. I have invested my time and my personal money to help BC get to this point. Why do you think we are currently trading above 9000? Why do you think BC went from 7100 to 8100 in less than 10 minutes after I made my announcement? That was not a coincidence, and it was just the tip of the iceberg. What I have going on behind the scenes will take BC to the next level and that is not hype, just fact. So just sit back while some us help this coin reach new heights and you can thank me later on when it is trading at $40.00 a coin.
[/quote]

I have donated over 10% of my holdings to the BC devs and other promotions. I, me, this guy right here literally came up with the Black Friday concept. Like I have previously said: we are on the same side here. Let's just be responsible about it. Truce?

Are you on IRC?

[MuffinMaster]

lol, spat between 2 bc supporters...

<3 drama but everyone needs to settle down.

[JamesR1]

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.

How much does it costs to let a celebirty tweet about blackcoin?

In the uk it was less than £500 til they got busted for not using an advertising hashtag. But if it is used, then its permitable.

[damiano]

You need to know your crypto-history before calling someone out. Someone who bought 1000 BC at 500 sat would have paid roughly $2.00. Now that same 1000 coins are worth $40.00. I would like to point out that is less than 2 months. Someone who bought 1 BTC at the start October of 2013 would have paid roughly $127. By mid November that 1 BTC was worth over $1000. Now please move on....

I am in the top 25 for BC wallets. My average buyin is 2200 sat. I understand that I have seen over 4x return, and if earlier could have seen 16x or more. But to think that that is going to continue at this rate is purely insane optimism. As the price increases it takes more and more BTC to increase. That should be pretty easy to understand. I'm not saying BC isn't going up. I want it to. I would be willing to bet I have more BC than you as I know 10 of the holders above me. And that is why I am on here trying to protect my investment. This is not a pump and dump coin, but when you say things like "ALL ABOARD THE TRAIN" and crap claims of taking $42 dollars to $40000, it comes across as such.

As one investor to another: slow your roll. If we double our money in a month, let's high five, and then take it from there.

With all do respect I do not care if you are one of the top 25 holders or the #1 holder. How many BC coins you hold means very little if you are on the sidelines waiting to count your return on your investment. I have invested my time and my personal money to help BC get to this point. Why do you think we are currently trading above 9000? Why do you think BC went from 7100 to 8100 in less than 10 minutes after I made my announcement? That was not a coincidence, and it was just the tip of the iceberg. What I have going on behind the scenes will take BC to the next level and that is not hype, just fact. So just sit back while some us help this coin reach new heights and you can thank me later on when it is trading at $40.00 a coin.
[/quote]

I appreciate your hard work and I cant speak for everyone, but i'm sure most Blackcoiners would say the same

[toknormal]

Erm... No it doesn't. It suffers from extremely high coin inflation, a flawed distribution model. All it has is multiple mining algorithms which mean nothing to non-miners.

LoL. You're kind of making my point for me.

This kind of nitpicking is all there is to choose between one alt coin and another. That's why none of them ever make a dent in Bitcoin's dominance, nor will they after this year.

[IconicExpert]

I have donated over 10% of my holdings to the BC devs and other promotions. I, me, this guy right here literally came up with the Black Friday concept. Like I have previously said: we are on the same side here. Let's just be responsible about it. Truce?

Are you on IRC?

You should have messaged me privately if you had concerns, my door is always open. However, I am not some reckless fool just trying to hype up BC to pump and dump. I have nearly 14 years experience building and effectively promoting products. I have one of the top downloaded desktop music apps, and I achieved that in less than 7 months. Slow and steady for BC will be the death of the coin. This is not 2 years ago when the landscape didn't have a new coin launching every hour. BC needs to hit the ground running and never stop.... never. So if you really want to see BC grow and get a nice ROI, then let me do what I know best and not question my motives or judgement.

PS: If you want slow and steady you can always sell your BC and invest in MintCoin.  

[MuffinMaster]

Erm... No it doesn't. It suffers from extremely high coin inflation, a flawed distribution model. All it has is multiple mining algorithms which mean nothing to non-miners.

LoL. You're kind of making my point for me.

This kind of nitpicking is all there is to choose between one alt coin and another. That's why none of them ever make a dent in Bitcoin's dominance, nor will they after this year.

ok... i think you just proved colin's point that you look at things way to vaguely. If you consider a high inflation pow coin similar to the low inflation pos coin then pretty much you just outed yourself as a moron.

Its a pretty massive difference.