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

[virtualfaqs]

It's not PPC or NXT I'm worried about. It's Counterfeit BC. They're already at $1 mil but I expect a dump that's way too high.

Also who the hell is buying so much all of a sudden? Almost 30K sats...  

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[que91]

for the last 2 days this coin has been left behind and almost dying.

Why would people suddenly buy again lots of BC ?

I hope it will reach the stars again, but I'm afraid tonight it will dump really hard while I sleep...

[virtualfaqs]

My crystal ball says it will fall back to around 15k, it is being pumped by investors to sell you the coins they got at 14k for 25k, you don't learn.

Is that what you said the first time we hit 14k or something different?

[Degolep]

Yes, it was a bear trap. Black is back!

this is whitecoin lololol  

[Subtuppel]

My crystal ball says that I AM AN IDIOT

true.

[choppy123]

Do you really want to see BC price go above 100k sat? Then take a moment from watching the buy and sell orders and email Mintpal! Ask them to add a BC/Doge pair and a BC/Mint pair!

Thank you!

Already done

this pump is directly related to Mintpal adding BC market for Doge..There is upward pressure...A guy over over on Cryptsy chat was saying that Mintpal is looking at adding BC market because they want to steal BC volume from Crypsty...If I was Mintpal, I'd want steal business from Craptsy too !!!!!!! This is gonna be huge !!!! Buy now before we hit 100,000 this weekend !!!! This time the dump won't be as huge because BC is here to stay and setting the stage for all altcoins !!!!!

I just sent Mintpal a ticket asking for BC market....I suggested a Proof of Stake market to start with ....BC to MINT...BC to ECC and BC to ZEIT.....POS is the future. I was at Bitcoin Expo in Toronto on the weekend and attended several speaking sessions. By far the biggest issue and concern with Bitcoin (raised by attendees) is its lack of energy conservation...it only makes sense to have a market dedicated to POS coins

[KingSchultz]

Price, Market Cap.. That shit doesn't matter right now! Here are the sub numbers for cryptos on Reddit:

Bitcoin 117,686
Dogecoin 79,279
Litecoin 20,756
Vertcoin 4,620
Peercoin 3,178
Namecoin 2,088
Quarks 1,860
Primecoin 1,654
Mastercoin 893
Blackcoin 723 735


Has being #10 ever been the Blackcoin way? Didn't think so.

12 more subbed in the last ~10 minutes! Let's hit, and then blow past 1,000 subs TODAY! http://www.reddit.com/r/blackcoin/

[dzimbeck]

I would love to be able to switch freely between the two using blackcoin as my savings and big purchases and  dogecoin as my currency for all things digital

With bitcoin side-chains and spin-offs becoming a reality over time, many alt-coin communities will face tough choices in order to survive.  

I thought of a "defence" that pro-active cryptocurrency communities could employ to increase their expected life span.  Here's how it would work:

There seems to be a lot of support in this thread to work with the DOGE community, right?  And it seems many in the DOGE community are interested in PoS due to the problems DOGE will soon encounter when all their coins have been mined.  So why not merge both your blockchains?

You essentially create a new network called "blackdoge" where the initial pre-mine is distributed exactly as per the sum of the DOGE and BC unspent outputs (with some agreed upon "peg" between the two currencies to account for market cap differences).  People can claim their share of the pre-mine in a trustless and pseudonymous manner using the private keys they already have.  

This is very low risk, because for a while all three networks would run simultaneously.  So if "blackdoge" fails, holders in either coin lose nothing.  However, if blackdoge succeeds, you'd expect to see a collapse in the market price in BC and in DOGE and a sharp rally in Blackdoge.  But in that case, people holding DOGE and BC win because they get piggybacked to the new coin for free which automatically has a larger user base.

If the ecomomic majority of DOGE and BC viewed the new ledger as legitimate, then according to the Metcalfe model, Blackdoge should be up to twice as valuable as the combined value of BC and DOGE prior to the merger.    

Altcoin wars are here.  Successfully merging blockchains with like-minded communities is the way to live to fight another day.  

Brilliant idea except it would cause some distruption in prices. People who are not doge fans will not go etc. It may do "more harm than good". But thats just an opinion. Miners may get confused? not sure...

[heisenberg74]

In 2 hours chinese will come to help to growth up blackcoin.

[bitcoin carpenter]

for the last 2 days this coin has been left behind and almost dying.

Why would people suddenly buy again lots of BC ?

I hope it will reach the stars again, but I'm afraid tonight it will dump really hard while I sleep...

there is a reason so many people took up the bc banner last week, but the high price caused many bagholders to take some profits.  It was never their intention to keep it all in BTC they just wanted to see how cheap they could get BC for.  Now everyone is using those thousands of BTC's worth of profits to buy back in.

my guess is this time we will see a ceiling of 65-75k, and there will be another sell off with less panic maybe bringing it back to 35ish at which point we build support until we are ready for the run to a dollar

[que91]

In 2 hours chinese will come to help to growth up blackcoin.

stop talking about the Chinese, they are NOT in the BC trading. They don't exist.

[asd123²]

Gets my name printed on the BlackcoinCard if I order one?

I hope not as I ordered multiple to give them away lol.

aw shit, that would be pretty funny

I'd really love to know before I order.

So I guess there won't be names on them?
Too bad, I'll still buy.

[heisenberg74]

In 2 hours chinese will come to help to growth up blackcoin.

stop talking about the Chinese, they are NOT in the BC trading. They don't exist.

Yes they are

[que91]

In 2 hours chinese will come to help to growth up blackcoin.

stop talking about the Chinese, they are NOT in the BC trading. They don't exist.

Yes they are

well, show me where ?

Is there any Chinese in this thread ?

[choppy123]

I would love to be able to switch freely between the two using blackcoin as my savings and big purchases and  dogecoin as my currency for all things digital

With bitcoin side-chains and spin-offs becoming a reality over time, many alt-coin communities will face tough choices in order to survive.  

I thought of a "defence" that pro-active cryptocurrency communities could employ to increase their expected life span.  Here's how it would work:

There seems to be a lot of support in this thread to work with the DOGE community, right?  And it seems many in the DOGE community are interested in PoS due to the problems DOGE will soon encounter when all their coins have been mined.  So why not merge both your blockchains?

You essentially create a new network called "blackdoge" where the initial pre-mine is distributed exactly as per the sum of the DOGE and BC unspent outputs (with some agreed upon "peg" between the two currencies to account for market cap differences).  People can claim their share of the pre-mine in a trustless and pseudonymous manner using the private keys they already have.  

This is very low risk, because for a while all three networks would run simultaneously.  So if "blackdoge" fails, holders in either coin lose nothing.  However, if blackdoge succeeds, you'd expect to see a collapse in the market price in BC and in DOGE and a sharp rally in Blackdoge.  But in that case, people holding DOGE and BC win because they get piggybacked to the new coin for free which automatically has a larger user base.

If the ecomomic majority of DOGE and BC viewed the new ledger as legitimate, then according to the Metcalfe model, Blackdoge should be up to twice as valuable as the combined value of BC and DOGE prior to the merger.    

Altcoin wars are here.  Successfully merging blockchains with like-minded communities is the way to live to fight another day.  

Brilliant idea except it would cause some distruption in prices. People who are not doge fans will not go etc. It may do "more harm than good". But thats just an opinion. Miners may get confused? not sure...

Great suggestion however there are major risks when forking a coin....digibyte is looking at a possible fork but again, it's a huge risk especially for coins that are more mature like Doge.....I emailed Mintpal and suggested a separate market for POS based coins all being traded against the gold standard of POS coins, Blackcoin !!!! Create a support ticket on Mintpal and make this suggestion, it's a quick implementation that will send the price of our coin through the roof !!!!! Blackcoin is the bronze medalist to getting it's own market....Bitcoin is gold obviously with Litecoin as silver....ISN'T IT IRONIC THAT OUR LOGO HAS A BRONZE TINGE TO IT...OR IS IT GOLD ??

[PDcologne]

time for bed - lets see if i wake to nice surprise in the morning.... go BC go

[draco71]

This will continue for the rest of the day and probably settling around 5k.

My crystal ball says it will fall back to around 15k, it is being pumped by investors to sell you the coins they got at 14k for 25k, you don't learn.

Hey you guru, what your Majesty see after all

Noobs with 0.01 BTC that they think that are traders ...

[que91]

time for bed - lets see if i wake to nice surprise in the morning.... go BC go

I'm going to bed too.

Tomorrow morning (in 8 hours then), this coin HAS TO BE AT 40K AT LEAST !!!

otherwise, if it drops again below 15k, I jump through my window.

[KingSchultz]

Brilliant idea except it would cause some distruption in prices. People who are not doge fans will not go etc. It may do "more harm than good". But thats just an opinion. Miners may get confused? not sure...

Yeah I don't know about something official. But I'd love to see some unofficial cooperation between BC and DOGE. I've seen Shibes interested in BC all over the net. We're a more like-minded set of communities than it seems. DOGE with it's playful arrogance and BC with our balls-to-the-wall attitude.

[Peter R]

I would love to be able to switch freely between the two using blackcoin as my savings and big purchases and  dogecoin as my currency for all things digital

With bitcoin side-chains and spin-offs becoming a reality over time, many alt-coin communities will face tough choices in order to survive.  

I thought of a "defence" that pro-active cryptocurrency communities could employ to increase their expected life span.  Here's how it would work:

There seems to be a lot of support in this thread to work with the DOGE community, right?  And it seems many in the DOGE community are interested in PoS due to the problems DOGE will soon encounter when all their coins have been mined.  So why not merge both your blockchains?

You essentially create a new network called "blackdoge" where the initial pre-mine is distributed exactly as per the sum of the DOGE and BC unspent outputs (with some agreed upon "peg" between the two currencies to account for market cap differences).  People can claim their share of the pre-mine in a trustless and pseudonymous manner using the private keys they already have.  

This is very low risk, because for a while all three networks would run simultaneously.  So if "blackdoge" fails, holders in either coin lose nothing.  However, if blackdoge succeeds, you'd expect to see a collapse in the market price in BC and in DOGE and a sharp rally in Blackdoge.  But in that case, people holding DOGE and BC win because they get piggybacked to the new coin for free which automatically has a larger user base.

If the ecomomic majority of DOGE and BC viewed the new ledger as legitimate, then according to the Metcalfe model, Blackdoge should be up to twice as valuable as the combined value of BC and DOGE prior to the merger.    

Altcoin wars are here.  Successfully merging blockchains with like-minded communities is the way to live to fight another day.  

Brilliant idea except it would cause some distruption in prices. People who are not doge fans will not go etc. It may do "more harm than good". But thats just an opinion. Miners may get confused? not sure...

I'm glad you saw the huge benefit of instantly increasing your user base. 

I don't think it matters if people who aren't doge fans don't go along, because they get piggybacked to Blackdoge for free.  So unless they dump their Blackdoge out of spite or leave BC, DOGE and Blackdoge simultaneously, I think it would work. 

Miners don't really matter either.  They can just do whatever is most profitable.  Some will decide to mine Blackdoge and if the coin increases in value, the rest will come over.  If the coin fails, they go back to where they were and nobody really loses. 

But think of the user base you could have if you merged blockchains with DOGE.  The new coin would be "BLACKDOGE: a meaner, faster, PoS coin with teeth." 

Bitcoin 117,686
Dogecoin 79,279
Litecoin 20,756
Vertcoin 4,620
Peercoin 3,178
Namecoin 2,088
Quarks 1,860
Primecoin 1,654
Mastercoin 893
Blackcoin 735


Doge may be receptive to the idea because they will soon run out of coins to mine based on their PoW inflation schedule.  Merging the Blackcoin technology into the Dogecoin userbase in a non-inflationary way such that DOGE and BC holders both win, could be a good strategy.