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

[ThePatient]

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.

I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins.

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[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.

I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins.

There are no more coins being generated besides the 1% stake each year. There are 72+ million coins out right now. No more can be mined.... EVER. The only way to get coins now are to buy them from the exchange.. or earn your 1% stake a year. 72 million sounds like a lot. But once people start holding on to their coins.. it will become rare, and the price will skyrocket.

So that's why this mining pool is SO important to the community. Without it there would be no way to get coins from mining.

[NapsterAU]

Nice, will definitely jump in on the multipool then.

[Jabulon]

[niothor]

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.

I think he meants (maybe i'm wrong), how are new blackcoins mined (generated) if the pool is actually mining other coins.

There are no more coins being generated besides the 1% stake each year. There are 72+ million coins out right now. No more can be mined.... EVER. The only way to get coins now are to buy them from the exchange.. or earn your 1% stake a year. 72 million sounds like a lot. But once people start holding on to their coins.. it will become rare, and the price will skyrocket.

So that's why this mining pool is SO important to the community. Without it there would be no way to get coins from mining.

I'm willing to bet that the next question will be , where do those coins come from )))

[devachelekar]

where do those coins come from ?

[MuffinMaster]

where do those coins come from ?

from the market at market price.

[regnevacs]

from the sell orders.. it works like clevermining.. you get paid in a form of BTC. here you get paid via BC. still don't get it? well I think this coin is not suited for you.

[NapsterAU]

I have forgotten my wallet pass phrase but still have the certificate. Any way to unlock the wallet ?

[niothor]

where do those coins come from ?

from the market at market price.

He was just trolling because of my question above.

[teamlottowin]

where do those coins come from ?

from the market at market price.

He was just trolling because of my question above.

If I paint my bitcoins black, would that count ?

[derBruchpilotPro]

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?

Hmm, a "war multipool" would be cool.

The idea:
Miners on that pool aren't mining just for profit, but for "safety buy walls" to catch dumps.

The miners on a pool like this has to know that they get payouts more delayed at first time, but after the
safety walls are big enough the MP could buy and payout BC as usual.

[derBruchpilotPro]

where do those coins come from ?

from the market at market price.

He was just trolling because of my question above.

If I paint my bitcoins black, would that count ?

I see a reddcoin and I want it into black...

[draco71]

I see health in that coin and natural growth.

It does not seem to be a "pump and dump" coin. It will happen again I suppose, but till now always lands on higher levels.  

I think is one of the most interesting alts out there. I am really glad I invested on it.  

Edit: In long term I see something like 0,00x price. It might take some time but I am really patient.

[niothor]

where do those coins come from ?

from the market at market price.

He was just trolling because of my question above.

If I paint my bitcoins black, would that count ?

I see a reddcoin and I want it into black...

There is also a blue coin , and a green one. Suit yourself.

[derBruchpilotPro]

where do those coins come from ?

from the market at market price.

He was just trolling because of my question above.

If I paint my bitcoins black, would that count ?

I see a reddcoin and I want it into black...

There is also a blue coin , and a green one. Suit yourself.

We should hire the rolling stones for promotion.

http://www.youtube.com/watch?v=u6d8eKvegLI

[Soepkip]

WE HAVE ACCEPTED HERE SIGNS!

http://www.blackcoin.co/update-2/accepted-here-signs/

[germsite]

WE HAVE ACCEPTED HERE SIGNS!

http://www.blackcoin.co/update-2/accepted-here-signs/

Very, very cool. Now, all we need is an API to allow websites to send payment from one address to another, with a current BC/BTC exchange rate, and I, for one, have somewhere I'd be keen to to implement this.

[Raghiot]

WTS this  Steam And origin Key accept equivalent in BC... I valute BC 2400 sat now... PM me for more info...

[xref]

1100 vote !!! and increasing, we are going to cryptsy and the prices should skyrocket.
https://www.cryptsy.com/coinvotes