heyho
Newbie
Offline
Activity: 42
Merit: 0
|
|
February 24, 2014, 01:53:27 PM |
|
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$) for all of BC. I've seen 300 - 400 satoshi prices so far. With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin... theres an infinite amount of BC, just 100M the first year from what I understand. Yes, but only 1% volume increase per year. It's kinda perfect inflation model.
|
|
|
|
|
|
|
|
According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
sevoque
|
|
February 24, 2014, 01:55:01 PM |
|
want to buy 100,000 BC at 0.1
thats like muslims eating porkchops.. aint never gona happen
|
|
|
|
Sparkzor
Member
Offline
Activity: 112
Merit: 10
|
|
February 24, 2014, 01:55:36 PM |
|
wtb 5k for .011 btc
out of interest, what does everything else think about these prices? :./ 220 satoshi's means a total market value of 220BTC (~125.000$) 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.
|
|
|
|
|
Jeezy911
|
|
February 24, 2014, 02:02:32 PM |
|
Anyone selling? Not getting any hits on Marketplace forum, Ill go first.
|
|
|
|
rat4 (OP)
Full Member
Offline
Activity: 324
Merit: 197
Two-way squared
|
|
February 24, 2014, 02:05:42 PM |
|
Yay thanks
|
|
|
|
Soepkip
|
|
February 24, 2014, 02:08:32 PM |
|
You can also donate to: 18YA5nzojRjPvvk1NkAY3HeY7cJ4y4tgKV For extra votes, a 0.066 BTC donation would get us in first place.
|
|
|
|
Sparkzor
Member
Offline
Activity: 112
Merit: 10
|
|
February 24, 2014, 02:13:47 PM |
|
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
|
|
February 24, 2014, 02:17:20 PM |
|
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
|
|
February 24, 2014, 02:25:11 PM |
|
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.
|
|
|
|
ctenc001
|
|
February 24, 2014, 02:26:23 PM |
|
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
|
|
February 24, 2014, 02:27:10 PM |
|
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)
Full Member
Offline
Activity: 324
Merit: 197
Two-way squared
|
|
February 24, 2014, 02:29:12 PM |
|
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
|
|
|
|
MysticDOGE
Full Member
Offline
Activity: 126
Merit: 100
KlondikeCoin - Get Real Gold !
|
|
February 24, 2014, 02:32:08 PM |
|
Sounds interesting. Will point my miners to BlackCoin.
|
|
|
|
zukumpf
Newbie
Offline
Activity: 4
Merit: 0
|
|
February 24, 2014, 02:36:24 PM |
|
38 diff, omg, why me?
|
|
|
|
getmining.info
|
|
February 24, 2014, 02:37:36 PM |
|
Longest confirmations ever.. Kinda hoping the pools don't disappear.. yet
|
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
|
|
February 24, 2014, 02:40:24 PM |
|
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? ??
|
|
|
|
HerpThyrun
Member
Offline
Activity: 73
Merit: 10
|
|
February 24, 2014, 02:42:14 PM |
|
This is very interesting coin. Wonder what prices will be.
|
|
|
|
r0b1nuk
|
|
February 24, 2014, 02:54:58 PM |
|
so just to clarify 10000 block at 10000 coins means 100,000,000 coin cap before the pos
|
Bitrated user: r0b1nuk.
|
|
|
DrFingol
Member
Offline
Activity: 70
Merit: 10
|
|
February 24, 2014, 02:57:28 PM |
|
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
|
|
|
|