[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[colinfx]

For those of you who haven't seen this before. It's simply big players slamming down the price than buying from everybody who gets scared. If its too much for you I suggest walking away from the PC for a bit lol. If you had faith it would pass 5000 before, theres no reason to change your mind now.

In fact if these children had twitter accounts and looked at the order book they'd see a 47 BTC buy order at 3,150 satoshi.

The big guys want in, and like all wealthy people, they want discount prices.

[coine_smithe]

The whales are also buying at the sale price, believe it. The buy walls are just a safety net in case the price falls enough for a bargain.

[PDcologne]

For those of you who haven't seen this before. It's simply big players slamming down the price than buying from everybody who gets scared. If its too much for you I suggest walking away from the PC for a bit lol. If you had faith it would pass 5000 before, theres no reason to change your mind now.

In fact if these children had twitter accounts and looked at the order book they'd see a 47 BTC buy order at 3,150 satoshi.

The big guys want in, and like all wealthy people, they want discount prices.

+1

i only started trading it due to btcwhale last week.... guy is getting all the big players involved, just look at the volumes...

the big buy walls... this is going to be a rollercoaster ride for the next week or so

[brightlight]

Most of all I'm afraid this coin will be raped a lot by all these massive P&D. This coin deserves to be alive in the TOP 10 league.

[qiwoman]

For those of you who haven't seen this before. It's simply big players slamming down the price than buying from everybody who gets scared. If its too much for you I suggest walking away from the PC for a bit lol. If you had faith it would pass 5000 before, theres no reason to change your mind now.

In fact if these children had twitter accounts and looked at the order book they'd see a 47 BTC buy order at 3,150 satoshi.

The big guys want in, and like all wealthy people, they want discount prices.

+1

i only started trading it due to btcwhale last week.... guy is getting all the big players involved, just look at the volumes...

the big buy walls... this is going to be a rollercoaster ride for the next week or so

Do you guys now think it can go to ten k or beyond? What is the BTC WHale perdiction o the highest point this coin can go? Like Maza coin or Aurora had their high then they went down..What do we see for this one? Could it reach a high and actually stabilize? I am certainly not determined to sell at a loss.

[hellohellooo]

Hello hellooo I am new here, to BC and to cryptos in general. I just bought some BC and was reading up on PoS coins and I had a question. Since this is a pure PoS coin now, how are security issues such as those discussed in the thread below addressed?  I know Peercoin had to implement a PoS/PoW hybrid system to prevent such attack, and that many other coins implement a PoW/PoS hybrid system instead of pure PoS for the same reason. How is it possible to prevent attack forks with pure PoS?

https://bitcointalk.org/index.php?topic=168924.0

"There is absolutely no mention of the fundamental flaw in PoS consensus which none of your proposals have addressed:  As of yet none of the proof of stake proposals are workable because there is nothing at stake!   If someone is PoS mining it is in their best interest to attempt to concurrently build an honest chain as well as all possible attack forks just in case one of them happens to win.  Under most schemes this is the profit maximizing move, in all I've seen so far its at least neutral.  Mining an attack under PoW actually involves _spending_ something and taking the risk other miners will extend it. PoW works because your work is at stake so even a very small amount of honest miners make mercenary rational miners behave honestly too. "

Thanks any info would be appreciated, I am trying to understand this technology better now that I am involved with it

[BitcoinForumator]

How many BlackCoins are there in total?

(just found about BC and didn't see this info yet by searching briefly)

[derBruchpilotPro]

Most of all I'm afraid this coin will be raped a lot by all these massive P&D. This coin deserves to be alive in the league.

The problem is that not all traders reading this thread here, not all have the awareness of whats happening here.
If everyone would keep calm, there would be no danger.
Just IMHO

[ThePatient]

How many BlackCoins are there in total?

(just found about BC and not didn't see this info yet by searching briefly)

Was just about to ask this

[mr_random]

It's interesting that all the big walls around 5000 satoshi have vanished.

[colinfx]

Hello hellooo I am new here, to BC and to cryptos in general. I just bought some BC and was reading up on PoS coins and I had a question. Since this is a pure PoS coin now, how are security issues such as those discussed in the thread below addressed?  I know Peercoin had to implement a PoS/PoW hybrid system to prevent such attack, and that many other coins implement a PoW/PoS hybrid system instead of pure PoS for the same reason. How is it possible to prevent attack forks with pure PoS?

https://bitcointalk.org/index.php?topic=168924.0

"There is absolutely no mention of the fundamental flaw in PoS consensus which none of your proposals have addressed:  As of yet none of the proof of stake proposals are workable because there is nothing at stake!   If someone is PoS mining it is in their best interest to attempt to concurrently build an honest chain as well as all possible attack forks just in case one of them happens to win.  Under most schemes this is the profit maximizing move, in all I've seen so far its at least neutral.  Mining an attack under PoW actually involves _spending_ something and taking the risk other miners will extend it. PoW works because your work is at stake so even a very small amount of honest miners make mercenary rational miners behave honestly too. "

Thanks any info would be appreciated, I am trying to understand this technology better now that I am involved with it

It's been discussed by the Dev team and Sunny King (POS developer) agreed issue can be resolved by re-enabling POW but with a block reward of 0. It's being dealt with. But also understand it is only under extreme circumstances that this issue is even an issue at all.

[y3804]

The whales are also buying at the sale price, believe it. The buy walls are just a safety net in case the price falls enough for a bargain.

That's an organized pump where all players put their buy orders at the same price. Buyers be careful. I would never say 'buy and you'll make profit', but you could profit if you buy at the right time. At this point, you're too late. Buy at 4000 satoshi to get a 20% profit to 5000 satoshi, at what cost? This thing is a bubble and you could easily lose 50% in a single big dump (or become a bag holder, like maxcoin). It'll prolly get to 5000 satoshi but I expect high resistance beyond that..

[PDcologne]

For those of you who haven't seen this before. It's simply big players slamming down the price than buying from everybody who gets scared. If its too much for you I suggest walking away from the PC for a bit lol. If you had faith it would pass 5000 before, theres no reason to change your mind now.

In fact if these children had twitter accounts and looked at the order book they'd see a 47 BTC buy order at 3,150 satoshi.

The big guys want in, and like all wealthy people, they want discount prices.

+1

i only started trading it due to btcwhale last week.... guy is getting all the big players involved, just look at the volumes...

the big buy walls... this is going to be a rollercoaster ride for the next week or so

Do you guys now think it can go to ten k or beyond? What is the BTC WHale perdiction o the highest point this coin can go? Like Maza coin or Aurora had their high then they went down..What do we see for this one? Could it reach a high and actually stabilize? I am certainly not determined to sell at a loss.

The big fish can only answer that i think as long as there are buyers and a buzz it will continue to rise....

I will say the buyer i have been in contact with really likes this coin, and i think he wants to take it as high as it can go... nd judging buy the sheer volumes traded today noting will surprise me

When he started driving the price he was talking about 3000%... i laughed...   im not so sure now... could be right, just enjoy the ride

[hellohellooo]

Hello hellooo I am new here, to BC and to cryptos in general. I just bought some BC and was reading up on PoS coins and I had a question. Since this is a pure PoS coin now, how are security issues such as those discussed in the thread below addressed?  I know Peercoin had to implement a PoS/PoW hybrid system to prevent such attack, and that many other coins implement a PoW/PoS hybrid system instead of pure PoS for the same reason. How is it possible to prevent attack forks with pure PoS?

https://bitcointalk.org/index.php?topic=168924.0

"There is absolutely no mention of the fundamental flaw in PoS consensus which none of your proposals have addressed:  As of yet none of the proof of stake proposals are workable because there is nothing at stake!   If someone is PoS mining it is in their best interest to attempt to concurrently build an honest chain as well as all possible attack forks just in case one of them happens to win.  Under most schemes this is the profit maximizing move, in all I've seen so far its at least neutral.  Mining an attack under PoW actually involves _spending_ something and taking the risk other miners will extend it. PoW works because your work is at stake so even a very small amount of honest miners make mercenary rational miners behave honestly too. "

Thanks any info would be appreciated, I am trying to understand this technology better now that I am involved with it

It's been discussed by the Dev team and Sunny King (POS developer) agreed issue can be resolved by re-enabling POW but with a block reward of 0. It's being dealt with. But also understand it is only under extreme circumstances that this issue is even an issue at all.

Thank you for the quick reply!

[SeriousCoins14]

This is huge guys, if you were watching this shakedown was being held up by a 50 BTC buy wall. The little fish played, the big fish played, now the whales are trying to get their share.

Some are panic selling, I'm cracking a beer and picturing my ocean resort.. lol

[dean0]

It's interesting that all the big walls around 5000 satoshi have vanished.

noticed aswell

[derBruchpilotPro]

Maybe some of the BTC of the multipool could stop/thwart that dumps with a own buy wall.

Nothing to loose with that, maybe slower payout but just cheaper BC for the miners if someone crash into the buy wall.

[koralon]

i only started trading it due to btcwhale last week.... guy is getting all the big players involved, just look at the volumes...

the big buy walls... this is going to be a rollercoaster ride for the next week or so

Oh stfu about BTCwhale.

He is nothing but a small time punk.

Why else would he bother to scam people for a few BTC in his so called "daily Twitter pumps"?

[PDcologne]

It's interesting that all the big walls around 5000 satoshi have vanished.

noticed aswell

48BTC buy wall at 3802.... dump incoming...

then watch it rocket... 5K says my crystal ball

[PDcologne]

i only started trading it due to btcwhale last week.... guy is getting all the big players involved, just look at the volumes...

the big buy walls... this is going to be a rollercoaster ride for the next week or so

Oh stfu about BTCwhale.

He is nothing but a small time punk.

Why else would he bother to scam people for a few BTC in his so called "daily Twitter pumps"?

this is what i thought a few weeks ago... but recently everything he has said has been golden...