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

[Decentradical]

Burning Blackcoin doesn't lower the value of Blackcoin. None of the value is transferred to Ercoin. Ercoin's price still starts at zero marketcap, even after the initial burning phase.   
If anything it will increase the value of Blackcoin because Blackcoin would be the only way to obtain Ercoin.   

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[BigWait]

 

Burning Blackcoin doesn't lower the value of Blackcoin. None of the value is transferred to Ercoin. Ercoin's price still starts at zero marketcap, even after the initial burning phase.   
If anything it will increase the value of Blackcoin because Blackcoin would be the only way to obtain Ercoin.   

agree with that

[krzysiekj]

Also I suggest to consider more names than just 'Ercoin' the 'error coin' or 'burning gives you hot er coin' memes are writing itself right now. This project deserves better.

The name “Ercoin” is derived from Erlang in which it is written. I don’t recall Erlang being associated with errors due to its name (actually the language with its libraries is appreciated for fault tolerance), though I’m not a native speaker to judge it well. Picking another name can be considered.

I’ve started a separate thread for Ercoin. An IRC channel has also been created: #ercoin on irc.freenode.net.

[LuckyLeprachaun]

Ercoin sounds interesting, thank you all for your replies. BLK seems rather quiet ATM. Hope things pick up...

[janmb]

what's next for blk? keep moving please .come on rat4 ,come on devs

[jaipagare01]

Great News!! Following Blackcoin on Twitter. Here's the latest update.

BlackCoin‏ @CoinBlack 

#Blackcoin is now accepted at http://overstock.com ! $BLK

[ruptan]

Why burn BlackCoin at all. Give proportionate ERCOIN and move from there. That way, both coins have a chance in case one goes down!

[futileresistance]

Why burn BlackCoin at all. Give proportionate ERCOIN and move from there. That way, both coins have a chance in case one goes down!

Current Blackcoin holders would have a disproportionate advantage in the distribution if it were done that way though.


Burning 1 BLK essentially just has a value cost of ~$0.26, whether you currently hold BLK or you exchange any other crypto to burn.

[Decentradical]

If the coins are freely distributed for each blackcoin then everyone would immediately start selling off their Ercoin creating some huge volatile swings, not to mention it opens a huge door to manipulation (buy BLK, sell Ercoin, sell BLK= Profit).   

Burning BLK for Ercoin means BLK doesn't lose any value and neither does Ercoin. The Ercoin holders would be reluctant to sell their Ercoins for cheaper than the BLK they burned. It means that Ercoin starts with a small but also very solid market cap.   

And as Futileresistance points out, anyone can get in. You don't need to be a long time BLK user to just buy BLK for some Ercoin. 

[futileresistance]

Any more information available about the segwit announcement on the blackcoin twitter? Just curious. Haven't seen anything about it on here or slack.

[energ]

Great News!! Following Blackcoin on Twitter. Here's the latest update.

BlackCoin‏ @CoinBlack 

#Blackcoin is now accepted at http://overstock.com ! $BLK

Very nice, that is really good news, hope there are more coming soon

[hacksmash]

Hello, I saw a news that would be activated segwit on blackcoin? Is this appropriate?

See where BLK currently stands on segwit & LN back on page 1667 of this thread.

[futileresistance]

Hello, I saw a news that would be activated segwit on blackcoin? Is this appropriate?

See where BLK currently stands on segwit & LN back on page 1667 of this thread.

Here's the announcement from yesterday he's referring to:

https://twitter.com/CoinBlack/status/895401295170883585

[janko33]

Hello, I saw a news that would be activated segwit on blackcoin? Is this appropriate?

See where BLK currently stands on segwit & LN back on page 1667 of this thread.

Here's the announcement from yesterday he's referring to:

https://twitter.com/CoinBlack/status/895401295170883585

am working on a new code, you have to remember there is no central control of Blackcoin
no one can just flip a switch and it is done
new code will have segwit, but activation, signaling, voting, that is on community
there are other new features which don't need chain changes
even LN can be done that way.. for example Yours https://stories.yours.org/
uses their own lightning protocol without segwit..

[jpcfan]

Hello, I saw a news that would be activated segwit on blackcoin? Is this appropriate?

See where BLK currently stands on segwit & LN back on page 1667 of this thread.

Here's the announcement from yesterday he's referring to:

https://twitter.com/CoinBlack/status/895401295170883585

LuckyGames dice sites takes BLK too now.!!! BLK to the moon!!!!

[new_guy_]

BLK/BTC is weak again. Only BLK/CNY looks strong.

[BigWait]

Hello, I saw a news that would be activated segwit on blackcoin? Is this appropriate?

See where BLK currently stands on segwit & LN back on page 1667 of this thread.

Here's the announcement from yesterday he's referring to:

https://twitter.com/CoinBlack/status/895401295170883585

am working on a new code, you have to remember there is no central control of Blackcoin
no one can just flip a switch and it is done
new code will have segwit, but activation, signaling, voting, that is on community
there are other new features which don't need chain changes
even LN can be done that way.. for example Yours https://stories.yours.org/
uses their own lightning protocol without segwit..

look great ！
but need more time to create it with pos！

[STT]

BLK/BTC is weak again. Only BLK/CNY looks strong.

Blackcoin to usd is fairly steady I think.   Bitcoin rose alot and like a seesaw blk adjusts down but it equates to no change in value.       Though the price is falling nominally, its falling on less volume then it rose which is often taken as a positive going forward.  
Last time we had this price was late May and it was viewed negatively but went on to new highs.   There was trend underlying the bottom prices there so was a fair buy.  Not quite as clear on that now but we do have alot of previous price action in this area.   I will add some blk, its good to diversify from btc which is still debating larger blocks I think.   Another cycle for that is normal.

Yea Ive no idea if Im right but if I draw in a trend for closing daily highs of July obviously declining and into August and I think we are above that negative trend now.   Who knows, its hard to say when BTC is the shark in the paddling pool and anything more slight may not count.   Alt coins generally retracting some on btc strength..

Anyhow the 200 day simple moving average is rising, 0.00008390 and the cautious thing would be to buy on a close above that. ie. buy into strength

[new_guy_]

BLK/BTC is weak again. Only BLK/CNY looks strong.

Blackcoin to usd is fairly steady I think.   Bitcoin rose alot and like a seesaw blk adjusts down but it equates to no change in value.       Though the price is falling nominally, its falling on less volume then it rose which is often taken as a positive going forward.  
Last time we had this price was late May and it was viewed negatively but went on to new highs.   There was trend underlying the bottom prices there so was a fair buy.  Not quite as clear on that now but we do have alot of previous price action in this area.   I will add some blk, its good to diversify from btc which is still debating larger blocks I think.   Another cycle for that is normal.

Yea Ive no idea if Im right but if I draw in a trend for closing daily highs of July obviously declining and into August and I think we are above that negative trend now.   Who knows, its hard to say when BTC is the shark in the paddling pool and anything more slight may not count.   Alt coins generally retracting some on btc strength..

Anyhow the 200 day simple moving average is rising, 0.00008390 and the cautious thing would be to buy on a close above that. ie. buy into strength

Don't worry . Traders seem use this coin to earn btc. They are really love btc and not this one. So the fait/blk is stable and btc/blk is always a joke.

[Decentradical]

You can't really leverage a coin this much without losing money in the long run though. That makes no sense.