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

[virtualfaqs]

Sell Wall @ 39000 down to 43 BTC already.

[virtualfaqs]

I sold. at 38000. will but on the down lo

Did you buy back?

[virtualfaqs]

Bluecoin.. 
https://bitcointalk.org/index.php?topic=580639.0
More is better? 3% Premine. 3% annual stake 1 billion coins.

[Glandoux]

Why are people so worried about walls?  They take them down as soon as the price hits the wall, it's 100% to manipulate the market.  Just hold onto your coins and forget about looking at depth and walls, they mean nothing when you actually have time to take down your wall when the price hits.

[warr1979]

I'm afraid the 30mil was misinformation. According to http://agran.net/bc_getbalance.php?top=100, the top addresses hold 40,973,569.05. That's worse distribution than the ~39mil I posted last week. (You can see that easily in my tiny post history.)

well it depends on how much is held in exchanges.

there was over 3500 btc traded on minpal alone which is about 10 million blackcoin.

Across all exchanges you could probably assume that there is between 10-15 million on exchanges.

Stop sweating who owns what wealth currency coins is always going to b top heavy

The Wealth Distribution

In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.1%. Table 2 and Figure 1 present further details, drawn from the careful work of economist Edward N. Wolff at New York University (2012).
http://www2.ucsc.edu/whorulesamerica/power/wealth.html

[warr1979]

Why are people so worried about walls?  They take them down as soon as the price hits the wall, it's 100% to manipulate the market.  Just hold onto your coins and forget about looking at depth and walls, they mean nothing when you actually have time to take down your wall when the price hits.

Or like I said in reddit if you believe in the coin and have money to spend BUY MORE....The more its in the hands of the long term supports the quicker this manipulation will stop.

[Mk2vr6]

The panic selling is about to commence. ZERO buy support. HUGE Sell walls.

Bloodbath.

Strato

Judging by your repeatedly negative market analysis, it appears you may have mined and dumped a shit load of BC at under 1000sat, and are now kicking yourself daily.

[alison03]

Ok so lets set this up! What day and what time? It should be a time when most people are on...

maybe everyone can message you to coordinate people who are "in" with their location (to figure out a good time)?

[nangetsu]

where can i find the chart for blackcoin

[UdjinM6]

Ahhh, I think I finally fixed some bugs preventing IE from properly displaying and updating Blackchain info.

All IE users are welcome to try it out and give me some feedback.

Everyone else are welcome too of course.  

Blackchain - Blackcoin blockchain explorer

That's a very nice Block Explorer !
I love the layout !

Thanks! I really appreciate your feedback!

Btw, it should adapt to different screen sizes and even work on mobile (i hope) 
It also generates QR codes on address pages so you can bookmark you address page on mobile and then open it when you need to give someone your BC address easily.

[Mk2vr6]

where can i find the chart for blackcoin

https://bitcoinwisdom.com/markets/mintpal/bcbtc

[UdjinM6]

where can i find the chart for blackcoin

https://bitcoinwisdom.com/markets/mintpal/bcbtc

and https://cryptrader.com/charts/mintpal/bc/btc 

[Mk2vr6]

Ahhh, I think I finally fixed some bugs preventing IE from properly displaying and updating Blackchain info.

All IE users are welcome to try it out and give me some feedback.

Everyone else are welcome too of course.  

Blackchain - Blackcoin blockchain explorer

That's a very nice Block Explorer !
I love the layout !

Thanks! I really appreciate your feedback!

Btw, it should adapt to different screen sizes and even work on mobile (i hope) 
It also generates QR codes on address pages so you can bookmark you address page on mobile and then open it when you need to give someone your BC address easily.

It works very well on chrome on my s4. But the footer is cut off.

[PenguinsDancing]

I'm afraid the 30mil was misinformation. According to http://agran.net/bc_getbalance.php?top=100, the top addresses hold 40,973,569.05. That's worse distribution than the ~39mil I posted last week. (You can see that easily in my tiny post history.)

well it depends on how much is held in exchanges.

there was over 3500 btc traded on minpal alone which is about 10 million blackcoin.

Across all exchanges you could probably assume that there is between 10-15 million on exchanges.

Right, but trade volume when I posted before was even higher. So, overall distribution has probably gotten a bit worse.

Stop sweating who owns what wealth currency coins is always going to b top heavy

The Wealth Distribution

In the United States, wealth is highly concentrated in a relatively few hands. As of 2010, the top 1% of households (the upper class) owned 35.4% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 53.5%, which means that just 20% of the people owned a remarkable 89%, leaving only 11% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.1%. Table 2 and Figure 1 present further details, drawn from the careful work of economist Edward N. Wolff at New York University (2012).
http://www2.ucsc.edu/whorulesamerica/power/wealth.html

Point taken. In fact, below a certain threshold, distribution may not matter much at all. Still, it's interesting that those figures suggest wealth distribution in the USA is quite a bit better than Blackcoin is now.

Does anyone have an estimate of how many Blackcoin users there are?

[UdjinM6]

Ahhh, I think I finally fixed some bugs preventing IE from properly displaying and updating Blackchain info.

All IE users are welcome to try it out and give me some feedback.

Everyone else are welcome too of course.  

Blackchain - Blackcoin blockchain explorer

That's a very nice Block Explorer !
I love the layout !

Thanks! I really appreciate your feedback!

Btw, it should adapt to different screen sizes and even work on mobile (i hope) 
It also generates QR codes on address pages so you can bookmark you address page on mobile and then open it when you need to give someone your BC address easily.

It works very well on chrome on my s4. But the footer is cut off.

Hmm, you are right, didn't noticed that  I have another few clean ups to be made and will fix this one soon too. Thanks for your feedback! 

[damiano]

Distribution is terrible right now.  People keep feeding the whales..

[bitcoin carpenter]

Distribution is terrible right now.  People keep feeding the whales..

If you consider that the top 3 or 4 addresses are probably exchanges than the distribution looks awsome

[noerc]

Distribution is terrible right now.  People keep feeding the whales..

Why do people rely that much on that top 100 addresses list? These are addresses, they don't contain any information regarding the distribution of the coin over people. Furthermore BC has a 24 hour volume which is 1/6th of its market cap, so a large amount of the coins is moving all the time, which makes it even harder to estimate a distribution.

We will have to live with that until the market cap fits the volume, then we might have a chance to make a first guess how well we spread this coin.

[btcprice]

I don't see Soepkip's announcement anywhere. It's certainly not on his twitter feed. He said over 24 hours ago that there would be an exciting announcement. Has he been true to his word and announced it?

[alison03]

Why are people so worried about walls?  They take them down as soon as the price hits the wall, it's 100% to manipulate the market.  Just hold onto your coins and forget about looking at depth and walls, they mean nothing when you actually have time to take down your wall when the price hits.

Or like I said in reddit if you believe in the coin and have money to spend BUY MORE....The more its in the hands of the long term supports the quicker this manipulation will stop.

I agree, but one thing that is good is if say a handful of people did do this group buy, combined with Black Shield that's starting up, perhaps whales would be less inclined to put up a "scary" wall if they know it can instantly be eaten without being able to first pull it. In a way, doesn't that also aid distribution - say a 20 btc wall goes up from 1 or 2 people, and is eaten by 40 people who all had .5 btc (just an example, not that it would work like that exactly or anything). Plus then people truly would be buying more, and not at below market prices, but right at them. I'd be happy to buy into the walls myself (I never set low orders, but buy little bits of sell walls when I can), but most of my funds are already in coins. Just having the threat of it happening could at least pause their attempt at manipulation, which stops the panic sells and I would think then allows for more natural trading.