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

[neilh]

Do I have to have my wallet up and running in order to receive POS?  Can someone explain this please?

Excellent question, I was just about to ask the same thing  

Open, and unlocked for minting. Instructions posted a hundred times on this thread.

 Sure it's posted a hundred times, must be unclear then or why are so many people asking about it ?, you say "unlock for minting" but what if you never locked it or encrypted it ? is that the same thing ? I have mine open but since I never set a pass to begin with how do you get it to mint?

 "What sould I do to start PoS mining?
Have your wallet unlocked and online."

 I have never locked it to begin with, so now what do you do, instructions are unclear and it's affecting value of coin I believe.

Do you have the latest version?

http://www.blackcoin.co/wallet-2/update-version-1-0-2-1-is-out/

It has a little arrow icon that tells you when your coins are staking.

[1715069578]

1715069578

[Jabulon]

Do I have to have my wallet up and running in order to receive POS?  Can someone explain this please?

Excellent question, I was just about to ask the same thing  

Open, and unlocked for minting. Instructions posted a hundred times on this thread.

 Sure it's posted a hundred times, must be unclear then or why are so many people asking about it ?, you say "unlock for minting" but what if you never locked it or encrypted it ? is that the same thing ? I have mine open but since I never set a pass to begin with how do you get it to mint?

 "What sould I do to start PoS mining?
Have your wallet unlocked and online."

 I have never locked it to begin with, so now what do you do, instructions are unclear and it's affecting value of coin I believe.

Do you have the latest version?

http://www.blackcoin.co/wallet-2/update-version-1-0-2-1-is-out/

It has a little arrow icon that tells you when your coins are staking.

And you really should encrypt your wallet. and backup your wallet.dat
Unlock instructions and good clear explanation of PoS are in the faq on the website: http://www.blackcoin.co/faq/

[neilh]

Another noob question. Why is it that sometimes the buy and sell options are so far apart in price and other times they are near identical. The buy was 715 and sell was 710 now it tanks to 580 but buying for 713 still wtf.

A seller is offloading his coins, so is placing fake buy orders to push the price up.
Once he reaches his target, when enough real buy orders are in place above his,
will sell x amount coins.

Rinse and Repeat, been doing for a good few hours now!


He went down to 250 sat, likely to get peoples attention. Which worked and now
people are playing his game of outbidding each other!

If everyone put in lower bids <500, would help push the seller into our buy orders.

[jacek1973]

I buy all the time how you just get a good price, will be listed crypsty because he has a big turnover and they earn money for the

[coine_smithe]

I buy all the time how you just get a good price, will be listed crypsty because he has a big turnover and they earn money for the

Oh no! What were you going to say? They must have gotten him!

[souljah1h]

Just bought another 10000 BC (before christ??)  I had luck i mined MZC a few days ago.

[lonely@thetop]

First day price was 1k, wtf happened now? Trolls killed this or what? Why are people selling at such a loss?

[fullhdpixel]

First day price was 1k, wtf happened now? Trolls killed this or what? Why are people selling at such a loss?

Maybe the chinese with huge ASIC farms mined this the entire week and are selling out now?

[Soepkip]

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[Miner232432]

First day price was 1k, wtf happened now? Trolls killed this or what? Why are people selling at such a loss?

Maza coin happened

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[LIghtvelocityCoin]

keep moving on.

[fullhdpixel]

Can we get some trading on this chinese exchange?

https://www.btc-cc.com/index.php?action=currency&coin=bcbtc

Maybe some chinese will buy at a price higher than on Mintpal/Cryptorush/Poloniex.

[weredo911]

Can we get some trading on this chinese exchange?

https://www.btc-cc.com/index.php?action=currency&coin=bcbtc

Maybe some chinese will buy at a price higher than on Mintpal/Cryptorush/Poloniex.

I don't see BC in the buttons at the top, maybe it hasn't started exchanging BC yet.

[XbladeX]

First day price was 1k, wtf happened now? Trolls killed this or what? Why are people selling at such a loss?

Some people are for quick buck.You need to know that.
1% for many "hot" short time investors looks not attractive many people don't see hidden potential and what we have achieved.
Some one like me see that he with 50k get ony 1BC and thinks this is unfair i earn so low.
But truth is that ALL earn low we not flood market this is not Doge this coin not food market.
Imagine what will happened when all LTC you put on market in 10 days... ?
We have minned 75m BC this is bit less than whole LTC...
So 1st reaction will be offcourse mass buying/minig.
2nd should be weak hands are scared it is not rising...
weak hands and miners they are trying sell coins at all costs take their BTC and say goodbye BC.
Uf what a relief we now can build real position of BC.

But some group of BC owner are still here price is 500-400-300--- we are buying we hit point when
wont be coins below eg 300--- then we move to 400-- then 500--- and up and up..
and that way we are on way up.
evety day invetment of WHOLE community bigger than @1000- 0,02BTC @500-0,01BTC pump a bit BC up
becouse we have only 2000 new coins a day. 

We need jut get rid of weak hands and short therm investors i think they are scared enough  now few days or weeks they are all gone
BC is not DOGE neirther LTC don't need hundreds of BTCs from investors we in long therm don't flood market some people here know that some not.

jut look @HBN price...
They have POW system all time on buy POS with 2% in 10days.... So inflation will be (360/10)*2> 72%+%x from POW every year
we will go even higher with only 1% inflation.
PPC POS/POW system
https://www.cryptsy.com/markets/view/28
https://www.cryptsy.com/markets/view/80

Patience is key guys.

[fullhdpixel]

That's exactly how it is. We need patience.

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[reebokasss]

AUR is already falling, everyone are selling AUR now.. they will back to BC soon and then price will go up .. it will be very soon! so buy while you can buy cheap!

[coine_smithe]

AUR is already falling, everyone are selling AUR now.. they will back to BC soon and then price will go up .. it will be very soon! so buy while you can buy cheap!

LOL they all went to Mazacoin. The volume in the past 24 hours on AUR is insane. If you try to buy in once it's already at the peak you're essentially gambling at that point that it will go even higher. It doesn't matter how much momentum a coin has the rug can always get pulled out from under you. In the past 24 hours basically half the group gave the other half $150,000 for nothing.

[jam52633]

I have read the POS faq and my question is still unanswered. 

Do I have to keep the wallet running on my computer all the time, or can I exit, and just check in on it every couple days?  If you are going to attempt to answer this question, I do not need to know about locking or unlocking the wallet.

The reason I ask, is, I am not a big fan of having multiple wallets running in the background for no reason.