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Author Topic: [PRE-ANN] Blacknet (formerly BlackCoin) | Original research | PoS | No ICO  (Read 2446427 times)
BitcoinStacker
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February 24, 2014, 01:52:18 PM
 #421

I think BC will be worth in a week 0,00002 Each at least

Donate if I helped you BTC: 1GF3X5rkLZEYX6GkTrJzhEC6DkKgUVwNce
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 24, 2014, 01:53:27 PM
 #422

wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC.

I've seen 300 - 400 satoshi prices so far.
With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin...
theres an infinite amount of BC, just 100M the first year from what I understand.

Yes, but only 1% volume increase per year. It's kinda perfect inflation model.
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February 24, 2014, 01:55:01 PM
 #423

want to buy 100,000 BC at 0.1

thats like muslims eating porkchops.. aint never gona happen
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February 24, 2014, 01:55:36 PM
 #424

wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC.

I've seen 300 - 400 satoshi prices so far.
With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin...
theres an infinite amount of BC, just 100M the first year from what I understand.
Then 1% each year.
After 10 year it's 110,46 MIL. After 100 years it's 270.48MIL.
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February 24, 2014, 02:02:05 PM
 #425

Hello, please remember to vote for BlackCoin on CryptoRush.in!

https://www.cryptorush.in/index.php?p=vote
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February 24, 2014, 02:02:32 PM
 #426

Anyone selling? Not getting any hits on Marketplace forum, Ill go first.

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February 24, 2014, 02:05:42 PM
 #427

Hello, please remember to vote for BlackCoin on CryptoRush.in!

https://www.cryptorush.in/index.php?p=vote

Yay thanks  Grin
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February 24, 2014, 02:08:32 PM
 #428

Hello, please remember to vote for BlackCoin on CryptoRush.in!

https://www.cryptorush.in/index.php?p=vote

You can also donate to:
18YA5nzojRjPvvk1NkAY3HeY7cJ4y4tgKV

For extra votes, a 0.066 BTC donation would get us in first place.

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February 24, 2014, 02:13:47 PM
 #429

Quote from: Sparkzor
This is the real price:

Total BTC volume/Total BC volume (let's say 100m)          12,439,425 BTC/ 100,000,000BC              0.12439425
-------------------------------------------------   =     -------------------------------   =       ------------- = 0.00002487885BTC/BC
                     5000                                                                    5000                                     5000


That would make my 4.5k worth approx 0.11BTC
cloudboy
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February 24, 2014, 02:17:20 PM
 #430

Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
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February 24, 2014, 02:25:11 PM
 #431

Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.

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-> WEBSITE - SLACK - TWITTER - FORUM
-> Join our community to learn about our upcoming ICO
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February 24, 2014, 02:26:23 PM
 #432

wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

way too cheap considering the difficulty
difficulty on a brand new coin is extremely unstable and will most likely drop off within the next 24 hours. It's a poor way of judging a brand new coin.
Especially with a 1 block readjustment rate. One or two big miners drop off and the difficulty is cut in half.
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February 24, 2014, 02:27:10 PM
 #433

Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.

take a look at preminecoin for an example of how this will work.
rat4
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February 24, 2014, 02:29:12 PM
 #434

Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

It will stop mining Wink
MysticDOGE
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February 24, 2014, 02:32:08 PM
 #435

Sounds interesting. Will point my miners to BlackCoin.

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February 24, 2014, 02:36:24 PM
 #436

38 diff, omg, why me?
getmining.info
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February 24, 2014, 02:37:36 PM
 #437

Longest confirmations ever.. Kinda hoping the pools don't disappear.. yet  Tongue

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February 24, 2014, 02:40:24 PM
 #438

Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.

only 1% years?HuhHuhHuhHuh??

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HerpThyrun
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February 24, 2014, 02:42:14 PM
 #439

This is very interesting coin. Wonder what prices will be.
r0b1nuk
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February 24, 2014, 02:54:58 PM
 #440

so just to clarify 10000 block at 10000 coins means 100,000,000 coin cap before the pos

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