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Author Topic: [PRE-ANN] Blacknet (formerly BlackCoin) | Original research | PoS | No ICO  (Read 2446269 times)
bizzargin
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February 26, 2014, 08:32:23 PM
 #1701

Just to put some things in perspective - after ALL 100,000,000 coins have been mined

Shitcoin $500,000 market cap status : 870 satoshi
$1M market cap : 1740 satoshi
$3M market cap : 5220 satoshi
$10M market cap : 17440 satoshi

MINT peaked $5M+ and has been holding $4M+ stable/rising since the peak.

Place your expectations where you feel. Tongue


MarketCap is one thing, but what are the coin volumes??  THEN work out SAT

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grandMasterHash
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February 26, 2014, 08:32:38 PM
 #1702

CryptQuest Blackcoin Pool


Our target is to reach 150 active workers and at least 200 Mh/s
Once we hit that, every active miner who stays on the pool for the 24 hours after hitting that benchmark will get zero mining fees FOR LIFE.
We have also DOUBLED our already generous 25 BC block finder reward to 50 BC until when we hit our goal.

Join us and spread the word.

We have updated our wallet and are prepared for the hard fork at block 5000

Joerii
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February 26, 2014, 08:35:19 PM
 #1703

CryptQuest Blackcoin Pool


Our target is to reach 150 active workers and at least 200 Mh/s

Getting spammy now !!

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blade87
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February 26, 2014, 08:37:17 PM
 #1704

Just to put some things in perspective - after ALL 100,000,000 coins have been mined

$1M market cap : 1740 satoshi
$3M market cap : 5220 satoshi
$10M market cap : 17440 satoshi

MINT peaked $5M+ and has been holding $4M+ stable/rising since the peak.

Also to add, if MintCoin keeps its current value per coin, its market cap will be:

$16.1M when full mined

That I'm aware of, which also makes it painfully obvious which coin is the better buy right now.

I'm 50/50 BC and Mint. What is obvious to you?

MINT requires a fair amount of maintenance and upkeep just to maintain its current price. How much? Well it will have to pass QRK in overall cap just to maintain ~40 sat price. I'm not saying it can't do it, but realistically it's going to be much more difficult to ~2x your BTC over on MINT than it will be right now on BC. I like both coins, but this is just from my "investor only" point of view.

In the LONG run once both coins have settled, then 50/50 makes sense.
oldmarsh
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February 26, 2014, 08:38:19 PM
 #1705

What I don't understand is why on earth you would be selling your coins at 0.00001300 when 20 mins ago they were being purchased for almost double that amount.
Arbitrage

I think you are a bit confused about the definition of 'arbitrage.'
Miner232432
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February 26, 2014, 08:39:50 PM
 #1706

What I don't understand is why on earth you would be selling your coins at 0.00001300 when 20 mins ago they were being purchased for almost double that amount.
Arbitrage

I think you are a bit confused about the definition of 'arbitrage.'

Yeah which exchange are they buying cheap from to dump on the current one ?

I am blunt, don't like it ? Too bad
Icefrag
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February 26, 2014, 08:44:14 PM
 #1707

when are cryptorush usually deciding which coin to add?

every evening / night  in central europe time, but I think that they add it after hard fork (5000 block) - tomorrow evening / night.

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SCryptoMiners
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February 26, 2014, 08:45:52 PM
 #1708

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com

EDIT: Contest delayed by 4 hours while we receive feedback on the details.

Join a reliable mining pool: POT | WC (Whitecoin) | DUCK
Turpomann
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February 26, 2014, 08:51:29 PM
 #1709

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com
Your contest favors big rig whales. What's the point?

I apologize my rally english. | (COMM) CVHe5HzG61dq7yULUKss9xzYzWzJnenFBN
dcramsey
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February 26, 2014, 08:51:41 PM
 #1710

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com


My payout is around 1 coin for every block found  Huh, will my donation count?
TrollboxChamp
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February 26, 2014, 08:56:06 PM
 #1711

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com


My payout is around 1 coin for every block found  Huh, will my donation count?

You wont win. Dont waste your coins. Its honestly a ploy to get more coins for themselves.
Hampuz
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February 26, 2014, 08:56:41 PM
 #1712

Just to put some things in perspective - after ALL 100,000,000 coins have been mined

$1M market cap : 1740 satoshi
$3M market cap : 5220 satoshi
$10M market cap : 17440 satoshi

MINT peaked $5M+ and has been holding $4M+ stable/rising since the peak.

Also to add, if MintCoin keeps its current value per coin, its market cap will be:

$16.1M when full mined

That I'm aware of, which also makes it painfully obvious which coin is the better buy right now.

How is that obvious?  If it stays the same value it will go to $16.1M, does not mean that you will have more money :p
SCryptoMiners
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February 26, 2014, 09:01:10 PM
 #1713

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com


My payout is around 1 coin for every block found  Huh, will my donation count?

You wont win. Dont waste your coins. Its honestly a ploy to get more coins for themselves.

This is good feedback. What is your suggestion to make it fair to the smaller miners?

Join a reliable mining pool: POT | WC (Whitecoin) | DUCK
Miner232432
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February 26, 2014, 09:03:25 PM
 #1714

This is good feedback. What is your suggestion to make it fair to the smaller miners?

Just do 40 random miners for 1k each, it's the fairest way you can do it

or even just 20 randoms for 2k

I am blunt, don't like it ? Too bad
TrollboxChamp
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February 26, 2014, 09:05:11 PM
 #1715

Sorry i was so blunt. I know youre just trying to promote. My bad  Grin
TrollboxChamp
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February 26, 2014, 09:06:19 PM
 #1716

We are giving away 40,000 BlackCoins to our donators.

You can read about it out on our news page: http://bc.scryptominers.com


My payout is around 1 coin for every block found  Huh, will my donation count?

You wont win. Dont waste your coins. Its honestly a ploy to get more coins for themselves.

This is good feedback. What is your suggestion to make it fair to the smaller miners?

Maybe choose 40 blocks and give the blockfinder a 1k reward. If someone gets more than 5 of the blocks their 6th one is moved on to the next block until a new winner is found.(most a big miner could win is 5k)
SparkIt
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February 26, 2014, 09:08:31 PM
 #1717

Come on, 5k sat before friday!



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Chiggins
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February 26, 2014, 09:08:53 PM
 #1718

This is good feedback. What is your suggestion to make it fair to the smaller miners?

Just do 40 random miners for 1k each, it's the fairest way you can do it

or even just 20 randoms for 2k

This sounds about right, keeps it pretty flatly fair across the board, but I do see a purpose in rewarding donation %.

Maybe make it so you have to donate x% to be eligible into the random drawing?

Turpomann
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February 26, 2014, 09:15:21 PM
 #1719

This is good feedback. What is your suggestion to make it fair to the smaller miners?

Just do 40 random miners for 1k each, it's the fairest way you can do it

or even just 20 randoms for 2k
Just like that and I would donate too.  Wink Donation would be like lottery ticket.

I apologize my rally english. | (COMM) CVHe5HzG61dq7yULUKss9xzYzWzJnenFBN
blade87
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February 26, 2014, 09:20:08 PM
 #1720

BitCoin is such a piece of shit. This is the second time I've had a transaction go into limbo, with nothing showing up on the blockchain (I send all my transaction with fees) and now I've missed the 1300 buy opportunity. I sent the transaction over one hour ago and I've done the rescan.  Don't care what BitCoin elitists say, it's a piece of shit crypto. I've never had this issue with others.  Angry
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