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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2509631 times)
heyho
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February 24, 2014, 01:53:27 PM
 #421

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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sevoque
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February 24, 2014, 01:55:01 PM
 #422

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
 #423

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.
BobbyMcWho
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February 24, 2014, 02:02:05 PM
 #424

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

https://www.cryptorush.in/index.php?p=vote
Jeezy911
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February 24, 2014, 02:02:32 PM
 #425

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

rat4 (OP)
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February 24, 2014, 02:05:42 PM
 #426

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

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

Yay thanks  Grin

Soepkip
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February 24, 2014, 02:08:32 PM
 #427

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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Sparkzor
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February 24, 2014, 02:13:47 PM
 #428

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
 #429

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?
Soepkip
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February 24, 2014, 02:25:11 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?

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

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->  BLOCKTIX  ->  Ticketing platform with a dual blockchain on Ethereum for event hosting
-> WEBSITE - SLACK - TWITTER - FORUM
-> Join our community to learn about our upcoming ICO
ctenc001
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February 24, 2014, 02:26:23 PM
 #431

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.
ctenc001
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February 24, 2014, 02:27:10 PM
 #432

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 (OP)
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February 24, 2014, 02:29:12 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?

It will stop mining Wink

MysticDOGE
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February 24, 2014, 02:32:08 PM
 #434

Sounds interesting. Will point my miners to BlackCoin.

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KlondikeCoin - KDC - Join the Gold rush! NO PREMINE
zukumpf
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February 24, 2014, 02:36:24 PM
 #435

38 diff, omg, why me?
getmining.info
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February 24, 2014, 02:37:36 PM
 #436

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

All views are my own, except those that I have subconsciously inherited from my parents and those that I have nicked from far cleverer people.
asdlolciterquit
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February 24, 2014, 02:40:24 PM
 #437

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??
HerpThyrun
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February 24, 2014, 02:42:14 PM
 #438

This is very interesting coin. Wonder what prices will be.
r0b1nuk
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February 24, 2014, 02:54:58 PM
 #439

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

Bitrated user: r0b1nuk.
DrFingol
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February 24, 2014, 02:57:28 PM
 #440

Slept too long.. am I late to the party?!

Low bids so far... with this difficulty, price should be at least 100-200 satoshis imo.

BTC: 1LYHvTrHZM8wgAp4zi1JdfzppujzhVt81r
BlackCoin: B659eXAnAZx2cQbqb9MFxYcq9qZUuh1EdT
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