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

[niothor]

i love watching pumps

me tooo. But with my mouse on the sell button ))

started with 583 and upt it to 602

its a little profit, sitting in class not learning playing the coingamezz

You can't really call that profit until you get out of it.

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[noerc]

would there be a new MULTIPOOL for this coin? i'll be renting 20mhs @ betarigs.com once it is launched.

I think you will get more BCs by investing the 0.16 BTC now by trading some, because the price will likely go up once the pool has launched so your payout in BCs will be smaller.

[maarx]

would there be a new MULTIPOOL for this coin? i'll be renting 20mhs @ betarigs.com once it is launched.

I think you will get more BCs by investing the 0.16 BTC now by trading some, because the price will likely go up once the pool has launched so your payout in BCs will be smaller.

But everyone mining BC will be seeing the value rise, so whatever you mine, will be worth more the next day

That's why buying it, and mining it, will eventually bring a profit.

Anyway, the pool will be up soon. Hopefully before friday.

[XbladeX]

would there be a new MULTIPOOL for this coin? i'll be renting 20mhs @ betarigs.com once it is launched.

I think you will get more BCs by investing the 0.16 BTC now by trading some, because the price will likely go up once the pool has launched so your payout in BCs will be smaller.

Or if he  wait 2 weeks and dumps will start from some sharks and other inpatient people price will slowly go up.
After few month he will get more BC/BTC.
But as you i think there is no point in first 3days hiring rings  those rings are to expensive.
I can allow myself to support coin with some part of hash rate to get liquid flow BC overall.
I know that in long therm this is win even at begin it can course some losses to miners.
Worst thing  are uncontrolled pumps dumps are ok miners will take out them with pleasure.
After some time pumper will have to buy more expensive and more expensive BC...
Generally for miner that will be win but it will take some time.
God save us from hype this weekend .

There could be funny scenario:
1 Shark is buing eg 2BTC - 10000BC
2 Hype shark is selling 10000BC for 4BTC...
3 Shark want play again but price is now higher and buy 10000BC for 4BTC at new flor
4 no hype he want sell and he wil at for eg 10000BC for 5BTC...
5 Shark want ear again he will buy 10000 BC for 6BTC
......
And up and up if all will go smooth...
Profit ? not so fast if price will go up and up wihen mooltipool in pumping.

[noerc]

would there be a new MULTIPOOL for this coin? i'll be renting 20mhs @ betarigs.com once it is launched.

I think you will get more BCs by investing the 0.16 BTC now by trading some, because the price will likely go up once the pool has launched so your payout in BCs will be smaller.

Or if he  wait 2 weeks and dumps will start from some sharks and other inpatient people price will slowly go up.
After few month he will get more BC/BTC.
But as you i think there is no point in first 3days hiring rings  those rings are to expensive.
I can allow myself to support coin with some part of hash rate to get liquid flow BC overall.
I know that in long therm this is win even at begin it can course some losses to miners.
Worst thing  are uncontrolled pumps dumps are ok miners will take out them with pleasure.
After some time pumper will have to buy more expensive and more expensive BC...
Generally for miner that will be win but it will take some time.
God save us from hype this weekend .

There could be funny scenario:
1 Shark is buing eg 2BTC - 10000BC
2 Hype shark is selling 10000BC for 4BTC...
3 Shark want play again but price is now higher and buy 10000BC for 4BTC at new flor
4 no hype he want sell and he wil at for eg 10000BC for 5BTC...
5 Shark want ear again he will buy 10000 BC for 6BTC
......
And up and up if all will go smooth...
Profit ? not so fast if price will go up and up wihen mooltipool in pumping.

Lets hope the pool will be able to produce the demand required for your scenario Would teach those whales a lesson that this isn't the right coin for their stupid games.

[mellomike]

Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.

Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.

Any thoughts on this?

[Jeezy911]

This is starting to look like a great future "collectors coins." This mother is going to be rare as fuck in about 3 years.

[UdjinM6]

Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.

Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.

Any thoughts on this?

I think it's great!
We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too?
Some pros as far as I can see:
1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone!
2) It's always nice to have a choice (UI, server locations and so on)
3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up!

[Jabulon]

Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.

Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.

Any thoughts on this?

I think it's great!
We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too?
Some pros as far as I can see:
1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone!
2) It's always nice to have a choice (UI, server locations and so on)
3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up!

I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents.

[CatKiwi]

Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.

Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.

Any thoughts on this?

I think it's great!
We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too?
Some pros as far as I can see:
1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone!
2) It's always nice to have a choice (UI, server locations and so on)
3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up!

I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents.

Spot on mate. I sold off my stash of MINT today and went all in on BC at 2100 - looking like a much better coin to be honest. The low has been tested, positive upward trend forming, stable and supportive community. This thing is just gonna explode when more and more people sell off their MINT, DOGE, other coins that are generally not going anywhere by down for the forseeable future.

[MuffinMaster]

Hey I have a question... I posted this on the BC reddit.. but there's not much activity on there.

Would it be overkill to have more than one BC multipool? I kinda want stake holders to have a choice of which pool they want to use. I have a pool setup with coin switching and auto payout.. but I didn't want to launch it if the community felt more than one multipool was too much.

Any thoughts on this?

I think it's great!
We have multiple BTC multipools now. Why shouldn't we have multiple BC multipools too?
Some pros as far as I can see:
1) I guess you might have another strategy which coin to mine so we could have a competition here and it would lead to more profit for everyone!
2) It's always nice to have a choice (UI, server locations and so on)
3) Diversification is also a huge advantage I think. So in case one pool would have problems another one can "catch falling flag" and keep pushing BC up!

I don't know how everyone else feels, but for me one of the principle gains we made over the weekend through the multipool beta was the strengthening of the community. It had a powerful unifying effect, and that is hugely important. While I think it would be nice to have a failover option, for the time being I think the singular 'official' multipool is the way to go, for the unifying force it generates. Just my two cents.

Spot on mate. I sold off my stash of MINT today and went all in on BC at 2100 - looking like a much better coin to be honest. The low has been tested, positive upward trend forming, stable and supportive community. This thing is just gonna explode when more and more people sell off their MINT, DOGE, other coins that are generally not going anywhere by down for the forseeable future.

mint seems to be steadily dropping as BC is steadily rising .

[mellomike]

Good points UdjinM6 and Jabulon.

I do agree I enjoyed how unified everyone was for the multipool this past weekend. So what I'll do is let us launch with just the one pool and rally the stake holders together there... and a week or two from now launch a 2nd pool that (like Jabulon said) could serve as a failover or just another choice (as UdjinM6 said) for stake holders.

Thanks guys for your feedback!

[damiano]

Is there an ETA on when the multipool opens back up?

[rsx19]

i love watching pumps

me tooo. But with my mouse on the sell button ))

started with 583 and upt it to 602

its a little profit, sitting in class not learning playing the coingamezz

You can't really call that profit until you get out of it.

well now i have more at the same price,

[mellomike]

For those of you interested in following the development of the Android BlackCoin Wallet, which should be due out into the Google Play Store sometime next week... you can do so here:

BlackCoin Wallet Github
https://github.com/MikeHuntington/blackcoin-wallet

BlackCoinJ Github
https://github.com/MikeHuntington/blackcoinj-new

[niothor]

Is there an ETA on when the multipool opens back up?

Waiting for this as eager as well.

[xxwohxx]

Does anyone know why my wallet says I have a stake balance but the status for staking is "Not staking because you don't have any mature coins"??  Why do I have a stake balance if I am not staking?

Also, if I have coins currently staked how can I move them to another wallet? or when can I move them?

Thanks.

[mellomike]

Is there an ETA on when the multipool opens back up?

Waiting for this as eager as well.

The pool owner stated that it would open this weekend (Friday at the earliest)

[NapsterAU]

How does multipool work for generating black coins?

[mellomike]

How does multipool work for generating black coins?

The pool mines alt-coins ---> alt-coins are sold for Bitcoins ---> Bitcoins are sold for BlackCoins on the exchanges.

So BlackCoin value goes up while stake holders earn more coins from the hands of the people trying to sell. As long as the stake holders hold on to their coins.. the value will continue to rise. Thus, your coin amount total increases while the value increases too.

The only way this could go really bad is if stake holders get greedy before BC reaches it's peak and people put their coins up for sale for a quick cash-out.