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Author Topic: [PRE-ANN] Blacknet (formerly BlackCoin) | Original research | PoS | No ICO  (Read 2445506 times)
mindphuq
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July 11, 2017, 07:54:53 AM
 #33501

Why is BLK price falling? Is it because BLK/XMR ?

Because the whole crypto market is crashing.

ETH halved it's value after the hype (4 weeks ago).
BTC on it's way below 2k.
Other former top 10 coins like Stratis even lost 4 times it's value.
Whole crypto market lost more than 22 billion USD in marketcap in the last 4 weeks.
ICOs are selling out...

2014/2015 repeats itself.

You now can either panic sell with a loss or use the opportunity to stock up your wallets for the next hype bubble.

Stake your Blackcoins on a Raspberry Pi and earn rewards at low energy cost: https://www.reddit.com/r/blackcoin/comments/6jmjen/webgui_for_the_black
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July 11, 2017, 10:29:18 AM
 #33502

Crix is a nice tool to gauge the overall health of the crypto-market. We're seeing a major correction across all coins now. 

https://www.coingecko.com/en/crypto_index/crix 


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July 11, 2017, 05:59:09 PM
 #33503

2014 is not repeating, we have moved on a fair bit since then I think.   We have a possible protocol change to Bitcoin coming August I think it is.   Any doubt and uncertainity will bring the price in but so far this isnt as harsh as it could be.   Not by crypto standards is this really a hard sell off, its times like this to look at it holding up relatively strong I think.


I would match Blackcoin pricing similar to end of May.  Very apparent negative sentiment but as then now possible for it to bottom out and rise, the reason being we are on the outside of a negative trend not the underside (we topped end of June and were already set to resolve a pullback before btc itself retracted).  Anyway I'm willing to test my chart theory some

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burebizta
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July 11, 2017, 07:23:26 PM
 #33504

So, wait. Let me understand this.

Now that BLK's codebase is 0.12v, it supports SegWit/LN and all the other goodies which come with the same version?


What is segwit/ln?

this bitcoin core, segwit and lightning network
stephenboruc
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July 11, 2017, 07:24:41 PM
 #33505

Estonian translation?
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July 12, 2017, 12:52:26 AM
 #33506

 Cheesy  so , where and when rat4 comeback
does he finish he own (real world) things?
if anything we can help  , please reply let our know !
Community is family !

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July 12, 2017, 01:15:40 AM
 #33507

Blackcoin as a coin is always very well. Devs couldn't  be helpful the price day and night.
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July 12, 2017, 07:56:16 AM
 #33508

If one thing can be taken from BLK's history is that the price really doesn't affect what the developers are doing with the coin.


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July 13, 2017, 11:39:01 AM
 #33509

BLK is growing in cycles after the end of each cycle the price falls down and then at the beginning of the new cycle the price doubles the previous high level .

So considering that the end of the previous cycle has coincided with Altcoins  carnage and panic which caused BLK to be too oversold - I'm very Bullish on BLK - I won't be surprised that we about to see the big price movements up to 0.0004 or even  0.0006


So this is the rare opportunity to make 4x - 5x in relatively short-medium term
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July 13, 2017, 05:38:54 PM
 #33510

Hey guys you can now buy both physical and digital goods here with blackcoin https://fupoofcoin.com/ .U also get free fupoof coins for a limited time as well with every purchase

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DeepOnion
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July 14, 2017, 11:53:18 AM
 #33511

Just've noticed that volume in China is 3 times bigger than on Polo.

The volume is higher and BLK is 1-2k sats higher on the Chinese exchanges.

price dump?
mindphuq
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July 14, 2017, 12:07:55 PM
 #33512

Cheesy  so , where and when rat4 comeback
does he finish he own (real world) things?
if anything we can help  , please reply let our know !
Community is family !

rat4 is never coming back because his name is DrDolittle now, and he has been posting here recently that he's working on PoS v5
DrDolittle = rat4 = head-dev

Stake your Blackcoins on a Raspberry Pi and earn rewards at low energy cost: https://www.reddit.com/r/blackcoin/comments/6jmjen/webgui_for_the_black
mindphuq
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July 14, 2017, 12:19:24 PM
 #33513

2014 is not repeating, we have moved on a fair bit since then I think.   We have a possible protocol change to Bitcoin coming August I think it is.   Any doubt and uncertainity will bring the price in but so far this isnt as harsh as it could be.   Not by crypto standards is this really a hard sell off, its times like this to look at it holding up relatively strong I think.


I would match Blackcoin pricing similar to end of May.  Very apparent negative sentiment but as then now possible for it to bottom out and rise, the reason being we are on the outside of a negative trend not the underside (we topped end of June and were already set to resolve a pullback before btc itself retracted).  Anyway I'm willing to test my chart theory some

I have no panic at all, everyone who's longer in cryptos knows these graphs. They always look the same and they are also basically the same for every crypto (in regard to their level). The dev team is still here and others are also still contributing to the project. I see the current drop as an opportunity to buy more coins, knowing that the higher prices will return.

Stake your Blackcoins on a Raspberry Pi and earn rewards at low energy cost: https://www.reddit.com/r/blackcoin/comments/6jmjen/webgui_for_the_black
mindphuq
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July 14, 2017, 12:22:16 PM
 #33514

Just've noticed that volume in China is 3 times bigger than on Polo.

The volume is higher and BLK is 1-2k sats higher on the Chinese exchanges.

price dump?

It's like this for more than a month now. Blackcoin has much more buy support in China than it has in the west and Polo has always been dumping the price.

Stake your Blackcoins on a Raspberry Pi and earn rewards at low energy cost: https://www.reddit.com/r/blackcoin/comments/6jmjen/webgui_for_the_black
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July 14, 2017, 02:16:51 PM
 #33515

BLK is too much oversold - the moment when the Bitcoin drama will be ended BLK will skyrocket
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July 14, 2017, 03:11:31 PM
 #33516

how much is the yearly pos rate for this coin?
it says 1.5 blk coin but per how much days?

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BigWait
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July 14, 2017, 03:48:42 PM
 #33517

BLK is too much oversold - the moment when the Bitcoin drama will be ended BLK will skyrocket
when btc down
how you think will skyrocket

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July 14, 2017, 03:52:25 PM
 #33518

how much is the yearly pos rate for this coin?
it says 1.5 blk coin but per how much days?

Inflation is a little under 1%, interest rate is about 6% at the moment.
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July 14, 2017, 07:56:13 PM
 #33519

how much is the yearly pos rate for this coin?
it says 1.5 blk coin but per how much days?

In my experience: 1.5blk reward when staking 2500blk every 2-4 days
occasionally oddball rewards like 1.5402blk show up but I am not sure why that happens.

BLK : BDixtCZLWG2M3uTCN1tqXSCu4chXnN5TgH UNO : uZDvh8ZWMN859sksKqkoeUX3trazXro8MH
CDN : CduyH8dMb282mv8XTE2ZDqZ9H4yvnNDKXJ BTC : 17QTs29kJtrowWL7mQ8NKZHSnMiT7QTW7m
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July 14, 2017, 08:20:50 PM
 #33520

how much is the yearly pos rate for this coin?
it says 1.5 blk coin but per how much days?

In my experience: 1.5blk reward when staking 2500blk every 2-4 days
occasionally oddball rewards like 1.5402blk show up but I am not sure why that happens.

The additional reward is from transaction fees.
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