STT
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August 14, 2017, 03:17:44 AM
Last edit: August 14, 2017, 03:44:48 AM by STT |
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Traders seem use this coin to earn btc Wider use is ultimately key. Traders have their use but they are not really a backbone to progress for any coin Blackcoin is ultimately alot easier to use, to be fair bitcoin had a head start of 5 years so you still cant expect it to be as popular. Unfortunately it takes alot to catch up and some luck to get that kind of success built up long term and obviously theres tons of competition in btc's trail. Anyway Im commentating because the price is still negative but its keeping that trend, so its a declining number sequence but I think its forming a kind of support anyhow. Im not especially negative on BLK personally, I do find it comparable to May which we saw was capable of switching up. Bigger picture is good for BLK comparing to 2016 like alot of crypto action and interest this year I find BLK similar and in line The ironic thing to a price that keeps going up without stopping is that it represents a form of negative buildup, its actually better for price confirmation to occur to lose sellers at the lower prices so dont be too envious of btc doubling this fast. Hopefully I will be able to mine various protocols again soon and exchange some to blk regularly, ideally I would want to do that at this level. A steady increase above the 200 dma would also be ok I guess. The reason the average BLK price is still now increasing is because we are absorbing and still digesting from big gains at this year start, the price theory being we are more likely to keep gains accumulated gradually |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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digit
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August 14, 2017, 07:23:08 AM |
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fiftyseven
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August 14, 2017, 11:56:46 AM |
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I was gonna shoot that down and just say it's just the same name as a BLK development team but delved into it further past that PR puff piece they've put out and read: https://obsidianplatform.com/#aboutYes, it's 'based on Stratis', so they're ICOing a BLK clone. Sounds like it's had some work done on it though. Shame, as the same work could be done in BLK with consensus and we'd have something more to scream about. It's all about the ICO I'm afraid. Greed. |
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LuckyLeprachaun
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Bitbay is the Future!!!
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August 14, 2017, 02:34:26 PM |
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What is going on with BLK?  Value plummeting....  |
Nighttrader invite code: 2PJbGxt95Dz7JKU2N8oudyAJ1Tzs
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mo
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August 14, 2017, 02:51:10 PM |
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What is going on with BLK? Value plummeting.... BLK did not establish their own ecosystem, the current community is not active, development is not active, Rat4 rarely speak |
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Decentradical
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August 14, 2017, 04:56:16 PM |
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That's such an ICO attitude.
Blackcoin is not a company.
Developers don't owe anything to anyone. This isn't some token sale where people can LARP around as shareholders. This is the proto POS coin. Buy, sell, trade however you want, it won't change, no funding would be lost and no network weight compromised. Drop the market cap down to a few hundred bucks and you still have the same coin. That's how strong it is.
More coins are looking into converting towards PoS and finding out that doing so is much harder than they thought it would. Bigger coins like Dogecoin and Ethereum are dabbling with it for over a year now.
If you prefer coins where the creators own the largest share, or one that is puppeteered by mining farms, go a head, plenty of PoW and fraudulent ICO's to move into. But if you want PoS that's squeaky clean, then Blackcoin is the only option.
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Arsenal49
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August 14, 2017, 07:09:32 PM |
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What is great about this coin? What will it be used for?
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krzysiekj
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Founder of Ercoin and Paspagon
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August 14, 2017, 07:15:07 PM |
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What is great about this coin? What will it be used for?
BlackCoin is the first 100% proof of stake, free cryptocurrency with fair distribution (no entity privileged: no premine, no ICO). |
Ercoin (https://ercoin.tech) — proof of stake, fair distribution via burning, messages, accounts, flexible fees, flexible block time.
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LuckyLeprachaun
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Bitbay is the Future!!!
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August 14, 2017, 07:44:18 PM |
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What is going on with BLK? Value plummeting.... BLK did not establish their own ecosystem, the current community is not active, development is not active, Rat4 rarely speak What exactly you mean by ecosystem? I heard that BTC might have another fork? Seems to be crashing all the altcoins for now. |
Nighttrader invite code: 2PJbGxt95Dz7JKU2N8oudyAJ1Tzs
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futileresistance
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August 14, 2017, 08:56:02 PM |
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What is great about this coin? What will it be used for?
BlackCoin is the first 100% proof of stake, free cryptocurrency with fair distribution (no entity privileged: no premine, no ICO). Just adding to that. PoS has a few advantages over PoW. User don't have to pay for the cost of mining to giant mining farms through inflation and fees. The network can be secured by staking on raspberry pi's for negligible cost. It's very efficient. You also receive income through staking at a greater rate than inflation with PoS 2.0+. The rate is approximately 5% at the moment, with approximately 1% inflation per year currently. For example, if you were to buy 1% of the network and stake you would have around 1.04% of the network after a year. Myself, I plan on price averaging and staking for at least several years, on this coin and maybe others if I ever find another decent PoS coin. To profit all I'll need is for the coin to perform better than -4% loss in value per year on average, though ultimately I'd like to simply save enough to live on staking income. The price increasing would be nice for me, but it's not necessary for my goals personally. |
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Decentradical
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August 15, 2017, 08:37:16 PM |
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Amirite would be a cool name for a coin actually.
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krzysiekj
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August 16, 2017, 07:29:09 AM |
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I’ve established two bounties for Ercoin-related development, paid in BlackCoin exclusively: See the relevant issues for details. |
Ercoin (https://ercoin.tech) — proof of stake, fair distribution via burning, messages, accounts, flexible fees, flexible block time.
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uacoin
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August 16, 2017, 08:45:33 AM |
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energ
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August 16, 2017, 09:47:34 AM |
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Thats nice, i am looking forward to see how the implementation goes... |
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STT
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August 16, 2017, 09:51:54 PM
Last edit: August 16, 2017, 10:12:10 PM by STT |
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Nice rendering there  BLK? more like WTF?
amirite?!
I save the wtf's for when its off course. The recent low was in line with the first ceiling found 2017 after breakout of a negative down trend lasting a few years. That should be a big level in theory. Otherwise its just following the same negative trend since the ATH, its quite aggressive but theres nothing changed really. The longer term average price is still going up, it appears to be a short term trend maybe BLK price has to drag sideways for some while to garner some interest in speculation etc |
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Jack Lee2222
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August 17, 2017, 01:24:02 AM |
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Is there any good news about BLK? I bought more than 100K BLK this month. BTC price is rising up day by day but the price for BLK is not.
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uacoin
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August 17, 2017, 08:58:49 AM |
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Is there any good news about BLK? I bought more than 100K BLK this month. BTC price is rising up day by day but the price for BLK is not.
The whole Alt-coin markets have been damaged by the BTC/ BCH drama and now by this Bitcoin Rally because everybody just wants to take free money or take some piece of this BTC growth. But the moment BTC calms down the money will flow back to Alt-coins. So if you're all in BLK - just be patient and do not panic because with every cycle - the BLK price will be brought to the next high. |
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edgar
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August 17, 2017, 09:30:12 AM |
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kinda sick of hearing that the entire altcoin mkt is down. its just false!
plenty of decent coins are doing very well!!
blk just isnt among them.
dmd ffs, its run by idiots and charlatans but gained massively.
blk needs to sort its shit out asap!!
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Decentradical
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August 17, 2017, 09:33:45 AM |
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Its not like the BTC drama is over anyway. Phase 1 ended but in the next months phase 2 will start. November is when the actual blocksizes will be doubled.
It's utterly impossible to predict how the alts will interact with that volatility. What is possible however, is to assess which market caps are hollow and which aren't. Plenty of these market caps are large because the originators hold the largest share of the supply. It's easy to make a coin seem bigger than it really is.
Blackcoin doesn't have that. What you see is what you get. Nobody rules the coin.
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