ski92
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Activity: 112
Merit: 10
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February 28, 2014, 10:25:28 PM |
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Hiesensopt has 48 total posts. 12 of them in this thread bashing Blackcoin. About 30 of them in the Trollcoin thread bashing it and telling people to dump them into his address. So he is obviously an expert. This is who I will listen to for advice on trading from now on.
hahahaha  I will try and sort a canto OP translation in the morning, im doing a very dull report that's due tonight at the moment  . |
#Blackcoin Friday, once you go black.........  |
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nunya_coin
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February 28, 2014, 10:27:51 PM |
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my wallet in unlocked and online...no stake
worst FAQ evar
It's random, like a lottery. The more coins you have that are 8hrs old the higher your chances. When you do get a PoS block it'll calculate all the way back so you're fine. I've only had 2 in the last 24hrs. |
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Vann
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February 28, 2014, 10:28:37 PM |
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What is interesting is that the net hashrate remains so high, when obviously at these prices and diff is not profitable anymore. That tells me that most people believe that the coin will go up in the future.
With the BC diff at 250 and the price at 800 sat, it takes 155 days per 1000 KH/s to generate 1 BTC. With MINT at 28 sat and the diff 46.5 it takes 132 days per 1000 KH/s to generate 1 BTC . So mining BC to trade and accumulate MINT no longer makes sense now that the price ratio is 28:1. |
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klash
Newbie
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Activity: 13
Merit: 0
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February 28, 2014, 10:29:03 PM |
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ty... nunya_coin
since i don't have much i won't be holding my breath for it ahahaha
too bad users have to explain basic info like that....
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Zackgeno96
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February 28, 2014, 10:29:38 PM |
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These prices are a fucking joke.
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bitcoin carpenter
Legendary
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Activity: 1582
Merit: 1001
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February 28, 2014, 10:30:40 PM |
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my wallet in unlocked and online...no stake
worst FAQ evar
think you have to wait 8 hours... I should say I hope, because I dont have PoS either after 5 hours |
If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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fullhdpixel
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February 28, 2014, 10:31:58 PM |
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Going all in on blackcoin right now!
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hoju2k
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February 28, 2014, 10:32:01 PM |
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What is interesting is that the net hashrate remains so high, when obviously at these prices and diff is not profitable anymore. That tells me that most people believe that the coin will go up in the future.
With the BC diff at 250 and the price at 800 sat, it takes 155 days per 1000 KH/s to generate 1 BTC. With MINT at 28 sat and the diff 46.5 it takes 132 days per 1000 KH/s to generate 1 BTC . So mining BC to trade and accumulate MINT no longer makes sense now that the price ratio is 28:1. Who was doing that? I think most miners were renting rigs and selling the BC as soon as they got them to make a nice profit. That's no possible anymore. That's why the prices in Betarigs fell so much  |
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bitcoin carpenter
Legendary
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Activity: 1582
Merit: 1001
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February 28, 2014, 10:34:10 PM |
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cosiderring selling another 10 mill microcoins at a loss to buy more black
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If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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artiface
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February 28, 2014, 10:34:30 PM |
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my wallet in unlocked and online...no stake
worst FAQ evar
You just have to wait. The FAQ is very clear. Stake doesn't happen automatically it takes time. The older your coins are and the more coins you have the more likely they will be to stake. |
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fullhdpixel
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February 28, 2014, 10:36:22 PM |
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cosiderring selling another 10 mill microcoins at a loss to buy more black
The upside of BlackCoin is way bigger than microcoin. Its still high risk though. |
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nunya_coin
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February 28, 2014, 10:36:33 PM |
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cosiderring selling another 10 mill microcoins at a loss to buy more black
I broke down and sold some DOPE to buy at 801. At least with DOPE I can mine more next week |
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asdlolciterquit
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February 28, 2014, 10:36:44 PM |
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one important question: with PoS, the wallet must be open to have interests?
Correct. However, the coins in an unopened wallet do continue to accrue coin age. Theoretically, you should earn the same interest whether you leave the wallet open for a year or leave it closed for a year and then open it, but with compound interest it is in your best interest to leave the wallet open as much as possible so your interest can also gain interest. thx! anyways, compound interest is almost nothing...so... |
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Zackgeno96
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February 28, 2014, 10:37:29 PM |
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can someone explain to me what the fuck's happening who's selling so low. i mean whoever is buying auracoin doesn't realize it's 50% premined at 21million coins. 10.5mil preminned.....
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vex
Newbie
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Activity: 14
Merit: 0
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February 28, 2014, 10:38:09 PM |
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Going all in on blackcoin right now!
I doubled my position at these levels. The way I see it is that most of 400 BTC worth of BC was traded at levels 1500-3000, and price drops were usually with low volume. Calculated risk is not a gamble, and with price*volume taken in consideration there is much more room for this to rise, than to drop. Owners will just not sell a significant volume at these levels. That said I'm all in and ain't getting out at anywhere near these low levels, and not anytime soon. This is one of my long term investments. |
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Vann
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February 28, 2014, 10:39:26 PM |
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What is interesting is that the net hashrate remains so high, when obviously at these prices and diff is not profitable anymore. That tells me that most people believe that the coin will go up in the future.
With the BC diff at 250 and the price at 800 sat, it takes 155 days per 1000 KH/s to generate 1 BTC. With MINT at 28 sat and the diff 46.5 it takes 132 days per 1000 KH/s to generate 1 BTC . So mining BC to trade and accumulate MINT no longer makes sense now that the price ratio is 28:1. Who was doing that? I think most miners were renting rigs and selling the BC as soon as they got them to make a nice profit. That's no possible anymore. That's why the prices in Betarigs fell so much Ever since the the average block reward for MINT dropped to 62,500 on Thursday it was much more profitable for anyone looking to accumulate MINT through mining to mine BC instead and then trade it for MINT. With the price ratio being at 45:1 to as high as 63:1 yesterday evening, you would have accumulated at least 8-10x more MINT by trading BC vs mining MINT. |
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roncutt
Member
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Activity: 61
Merit: 10
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February 28, 2014, 10:42:48 PM |
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Most altcoins are down today
Keep that in mind.
Exactly, these words were right on my typing-fingertips. |
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Zackgeno96
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February 28, 2014, 10:43:35 PM |
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obs you don't understand then, cause you have a chance to get stacked coins every 8 hours.... THIS DOES NOT MEAN ALL YOUR COINS WILL BE STAKED
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bitcoin carpenter
Legendary
Offline
Activity: 1582
Merit: 1001
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February 28, 2014, 10:44:11 PM |
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What is interesting is that the net hashrate remains so high, when obviously at these prices and diff is not profitable anymore. That tells me that most people believe that the coin will go up in the future.
With the BC diff at 250 and the price at 800 sat, it takes 155 days per 1000 KH/s to generate 1 BTC. With MINT at 28 sat and the diff 46.5 it takes 132 days per 1000 KH/s to generate 1 BTC . So mining BC to trade and accumulate MINT no longer makes sense now that the price ratio is 28:1. Who was doing that? I think most miners were renting rigs and selling the BC as soon as they got them to make a nice profit. That's no possible anymore. That's why the prices in Betarigs fell so much Ever since the the average block reward for MINT dropped to 62,500 on Thursday it was much more profitable for anyone looking to accumulate MINT through mining to mine BC instead and then trade it for MINT. With the price ratio being at 45:1 to as high as 63:1 yesterday evening, you would have accumulated at least 8-10x more MINT by trading BC vs mining MINT. makes sense the volumes support your hypothesis, though if Mint prices keep dropping and even a small part of that community joins Black well see a good rise in price |
If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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flipstyle
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February 28, 2014, 10:45:27 PM |
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I was just playing in the mintpal exchange getting another 30k black.... there was a lot of numbers bouncing around without much support at any level, it was confusing and reeked of manipulation
90 percent of the activity (or more) on mintpal are all margin bots. Put in a sell order at the top asking price, that sell wall is fullfilled and instantaneously all lower sell orders are pulled back and the price drops another 3 percent in the blink of an eye while the purchase orders pull back proportionally. Anyone selling now to the whales will get killed. Anyways, I purchased a few and will be holding for when the market stabilizes....obviously a whale fest going on right now with short margin calls. |
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