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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2510305 times)
Stanr010
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March 04, 2014, 03:50:13 PM
 #4721

This coin has one of the smoothest and most honest launches that I've seen in awhile, but the thing is, what does this coin bring to the table that others have not? Wouldn't this just be considered a clone?



What does the other coins bring to the table? Nothing really. IMO, the issue with this coin is the fact that it's no longer mined and its PoW phase was too short. Imagine if Doge or even FTC went into a limited supply like this coin. People would buy it up so fast it'd hit BTC prices. The problem is as a PoW coin, not many people were exposed to this coin and since it's shifted to PoS, even less people have been introduced to it.

The fact that the price hasn't dropped much more shows that the people who are invested in this coin are holding on pretty well. The problem isn't holding. The problem is no one's buying because this coin is under the radar.

That's a good point, but we also need to remember it's only 2 weeks old!

 2 weeks old doesn't just negate the issues at hand. We've got issue 1. not a lot of people are interested in the coin and 2. prices are falling at a rate of 30%+ day over day. Giving this coin more time isn't going to solve issue 2, so it ultimately undermines issue 1.

At least that's how I see it. This coin has a lot of potential but it also has a lot going against it. I mean, what would you be more willing to put money in, a BC that has a -40% next to it or AUR that has a +80% next to it with 10 times the volume?  Roll Eyes
Jabulon
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March 04, 2014, 03:54:18 PM
 #4722

This coin has one of the smoothest and most honest launches that I've seen in awhile, but the thing is, what does this coin bring to the table that others have not? Wouldn't this just be considered a clone?



What does the other coins bring to the table? Nothing really. IMO, the issue with this coin is the fact that it's no longer mined and its PoW phase was too short. Imagine if Doge or even FTC went into a limited supply like this coin. People would buy it up so fast it'd hit BTC prices. The problem is as a PoW coin, not many people were exposed to this coin and since it's shifted to PoS, even less people have been introduced to it.

The fact that the price hasn't dropped much more shows that the people who are invested in this coin are holding on pretty well. The problem isn't holding. The problem is no one's buying because this coin is under the radar.

Best way to to get people to start trading this coin? A systematic pump like the one that was done with AUR.

AUR didn't just explode overnight organically. It was done by laying tens of bitcoins into the market and setting up even bigger buy walls to make it look like it was a very stable and enticing investment.

Good points, finally someone talking a bit of sense. Let me add to your thought re AUR and how it bears on Blackcoin: AUR was a good candidate for a systematic run-up for a reason. Even though it is nothing more than a litecoin clone, it has BRANDING. Yes, it has exposure and is on the radar because is has been smartly branded (and the effect snowballs, as accelerated buying attracts more buyers and you get a positive-feedback loop).

Visit NightBark Music, home of the BlackCoin Music Video! https://www.youtube.com/user/nightbarkmusic
Stanr010
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March 04, 2014, 03:55:11 PM
 #4723

Oh and whoever's putting up those stupid buys in 0.00000001 increments that does nothing but makes it look like there's no buy support. If you really want to pretend that there's buy support, throw 2 or 3 BTC 5 or 7 spots down from the top buy. That's called a real support.
BitcoinStacker
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March 04, 2014, 03:57:04 PM
 #4724

We need a big pump BTC
vdaevski
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March 04, 2014, 03:57:47 PM
 #4725

New raffle has started
Drawing in 12 hours
Tickets 100 BC each
One winner takes 99%
1% left for the BlackCoin Faucet and BlackCoin Raffle
8 Hours until the next draw!

Ralph0603
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March 04, 2014, 03:59:10 PM
 #4726

Woohoo, buy support

0.00000550   300000.00000000   1.65000000
jacek1973
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March 04, 2014, 03:59:24 PM
 #4727

Oh and whoever's putting up those stupid buys in 0.00000001 increments that does nothing but makes it look like there's no buy support. If you really want to pretend that there's buy support, throw 2 or 3 BTC 5 or 7 spots down from the top buy. That's called a real support.

that the person selling
neilh
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March 04, 2014, 04:08:01 PM
 #4728

This coin has one of the smoothest and most honest launches that I've seen in awhile, but the thing is, what does this coin bring to the table that others have not? Wouldn't this just be considered a clone?



What does the other coins bring to the table? Nothing really. IMO, the issue with this coin is the fact that it's no longer mined and its PoW phase was too short. Imagine if Doge or even FTC went into a limited supply like this coin. People would buy it up so fast it'd hit BTC prices. The problem is as a PoW coin, not many people were exposed to this coin and since it's shifted to PoS, even less people have been introduced to it.

The fact that the price hasn't dropped much more shows that the people who are invested in this coin are holding on pretty well. The problem isn't holding. The problem is no one's buying because this coin is under the radar.

That's a good point, but we also need to remember it's only 2 weeks old!

 2 weeks old doesn't just negate the issues at hand. We've got issue 1. not a lot of people are interested in the coin and 2. prices are falling at a rate of 30%+ day over day. Giving this coin more time isn't going to solve issue 2, so it ultimately undermines issue 1.

At least that's how I see it. This coin has a lot of potential but it also has a lot going against it. I mean, what would you be more willing to put money in, a BC that has a -40% next to it or AUR that has a +80% next to it with 10 times the volume?  Roll Eyes


But if someone that has BlackCoin looks at Aurora and now Maza on mintpal, see's the prices push up
decides to cash out to jump into them. It's going to swing the numbers wildly!

Oh and whoever's putting up those stupid buys in 0.00000001 increments that does nothing but makes it look like there's no buy support. If you really want to pretend that there's buy support, throw 2 or 3 BTC 5 or 7 spots down from the top buy. That's called a real support.

But someone is offloading, why buy at the higher price. If they are so desperate to sell let them
dump and those who support the coin buy at the lowest price. Once they finished we can put
some back up for sale at higher prices and push the value back up.

Those small increments are coming after big sell offs, and just trying to push it back up. And it's
working!

I'm guessing the person offloading is also watching this thread!

blade87
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March 04, 2014, 04:09:29 PM
 #4729

#1 wallet is Mintpal. I withdrew a large chunk this morning, and it's balance went down by about that amount. So don't think anyone is selling out if you see that one dropping. Wink

Also, this morning was fantastic for cost averaging - I don't really mind the low prices to be honest. Tongue
rat4 (OP)
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March 04, 2014, 04:12:17 PM
 #4730

BlackCoin is on its first Chinese exchange: http://www.btc-cc.com/

Soepkip
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March 04, 2014, 04:13:04 PM
 #4731

BlackCoin is on its first Chinese exchange: http://www.btc-cc.com/

+1

Direct link:
https://www.btc-cc.com/index.php?action=currency&coin=bcbtc

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rsx19
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March 04, 2014, 04:13:53 PM
 #4732

Bc Sad y u always in red

BlackCoin For poor Shibe - BMobXjx9TN96a1qmZA9pSSzJur6UH9PWgU
fox19891989
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March 04, 2014, 04:14:26 PM
 #4733

This coin has one of the smoothest and most honest launches that I've seen in awhile, but the thing is, what does this coin bring to the table that others have not? Wouldn't this just be considered a clone?



What does the other coins bring to the table? Nothing really. IMO, the issue with this coin is the fact that it's no longer mined and its PoW phase was too short. Imagine if Doge or even FTC went into a limited supply like this coin. People would buy it up so fast it'd hit BTC prices. The problem is as a PoW coin, not many people were exposed to this coin and since it's shifted to PoS, even less people have been introduced to it.

The fact that the price hasn't dropped much more shows that the people who are invested in this coin are holding on pretty well. The problem isn't holding. The problem is no one's buying because this coin is under the radar.

That's a good point, but we also need to remember it's only 2 weeks old!

In fact, just 8 days old
neilh
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March 04, 2014, 04:15:15 PM
 #4734

Currently the seller on mintpal has pushed the price from at least 500 possibly
lower to 675 with small increases!
Stanr010
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March 04, 2014, 04:17:32 PM
 #4735

Currently the seller on mintpal has pushed the price from at least 500 possibly
lower to 675 with small increases!

If I were to dump, I'd take a look at the buy list and notice that there's only real support at 550 and 564 at around 2BTC.  A sell order order set at 550 would take out everything in between in an instant.

Similarily, I'd set a buy order at 565 knowing the other buy orders mean almost nothing.
BitcoinStacker
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March 04, 2014, 04:18:59 PM
 #4736

BlackCoin is on its first Chinese exchange: http://www.btc-cc.com/

+1 Bought a little more BC SmileySmiley
oldmarsh
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March 04, 2014, 04:19:24 PM
 #4737

BlackCoin is on its first Chinese exchange: http://www.btc-cc.com/

We are coming to get you China!!
blade87
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March 04, 2014, 04:20:23 PM
 #4738

250 sat earlier wow. You couldn't even buy for that in the first few hours of mining. Cheesy

Someone push this zero. I want to become a BC millionaire for next to nothing.
neilh
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March 04, 2014, 04:20:52 PM
 #4739

Currently the seller on mintpal has pushed the price from at least 500 possibly
lower to 675 with small increases!

If I were to dump, I'd take a look at the buy list and notice that there's only real support at 550 and 564 at around 2BTC.  A sell order order set at 550 would take out everything in between in an instant.

Similarily, I'd set a buy order at 565 knowing the other buy orders mean almost nothing.

Although if supporters are at that level, and moved their buy orders lower the seller would
have to sell lower?

A lot of those above 500 are fake buys? (from seller)

And seems the seller is now tweaking those small buy orders to make them look more
natural!
oldmarsh
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March 04, 2014, 04:21:55 PM
 #4740

250 sat earlier wow. You couldn't even buy for that in the first few hours of mining. Cheesy

Someone push this zero. I want to become a BC millionaire.

ARggg! I was sleeping and I am so mad that I missed those prices.
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