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fiftyseven
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March 20, 2014, 02:40:13 AM |
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Wow what happened to the price of of blackcoin? It's seriously dropping
is it something to do with the multipool getting hacked?
The multipool wasn't hacked. The developer of it was stressed, simple as that. They're regrouping to come back with the pool and more of a team, apparently. Everyone panic sold because of ridiculous confusion in IRC. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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mgburks77
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March 20, 2014, 02:41:30 AM |
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Wow what happened to the price of of blackcoin? It's seriously dropping
is it something to do with the multipool getting hacked?
The multipool wasn't hacked. The developer of it was stressed, simple as that. They're regrouping to come back with the pool and more of a team, apparently. Everyone panic sold because of ridiculous confusion in IRC. it looks like everyone is panicking again and now the price is dropping like a rock yet again. What's the deal with that? |
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mgburks77
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March 20, 2014, 02:42:47 AM |
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looks like it will hit 2900 again, maybe lower
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fiftyseven
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March 20, 2014, 02:43:30 AM |
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Wow what happened to the price of of blackcoin? It's seriously dropping
is it something to do with the multipool getting hacked?
The multipool wasn't hacked. The developer of it was stressed, simple as that. They're regrouping to come back with the pool and more of a team, apparently. Everyone panic sold because of ridiculous confusion in IRC. it looks like everyone is panicking again and now the price is dropping like a rock yet again. What's the deal with that? Just a continuation of the trend, plus a load of BC is now in new hands so may be less bullish. I have every confidence it will level out and grow again. |
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artiface
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March 20, 2014, 02:43:37 AM |
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Panic sellers with no balls.
Temporary setback of the multipool and everyone panics... oh well more cheap BC for me.
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Vinculin
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March 20, 2014, 02:43:57 AM |
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suggest you guys to turn off your computer and go to enjoy your real life tonight if you don't want to see this rise and fall action.  Healthy market always has price fluctuation. |
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mgburks77
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March 20, 2014, 02:47:04 AM |
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I don't know. What if I turn off my computer and the price drops to 1500 or even a 1000?
I could lose a lot of cheese.
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MuffinMaster
Sr. Member
 Offline
Activity: 1414
Merit: 265
Pepemo.vip
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March 20, 2014, 03:00:23 AM |
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honestly they are just going to replace the single pool, with multiple multi pools. More redundancy, more choice. Strong Blackcoin.
It's not rocket science
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bitcoin carpenter
Legendary
Offline
Activity: 1582
Merit: 1001
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March 20, 2014, 03:08:20 AM |
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morons, you think that a 100% growth per week is bad =P
watch the trends, and stop looking at the peaks like they are the true value, 5000 is just a ceiling where those that are happy with a 500% return are happy with.. we will see this again whenever those that have made their profits cash out, and it is necessary. if all the bag holders just held this coin would die as soon as speculation ended.
remember why you got in yourself, to make profit. Dont be upset just because some others, "the ones that bought under 1500" decided to cash out.
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If your not actively using the technology behind your crypto investment,
IT IS A SCAM!!!!
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blade87
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March 20, 2014, 03:09:50 AM |
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With all the crap that has been going with BC today, I want to share some of the results of my node.
1) My miners helped me patch up two crucial issues = success, an exactly why I kept it closed invite
2) We over performed the DOGE network, and earned something around 0.07 BTC / MH, so it was a good day for mining
3) The front end worked almost perfectly
4) I have to manually exchange, but my php script processed all payments successfully in a second once manual exchange was done
5) Auto exchange will be looked into ~2 weeks from now after Mintpal releases their trading api
Some notes on P2Pool mining if you're not familiar
1) P2Pool "lags." I have to send out a second batch of payments tomorrow morning as we still have a large amount of immature coins in the balance
2) P2Pool mining doesn't work so well for miners with less than 1 MH/s even if you're close by - I tested a 200 kH/s GPU about 10 miles away from the node as was getting a 20% DOA rate on it.
My next testing I'm to conduct this weekend, and aiming for the 100-150 MH/s range. Again, I am not building a giant multipool. I am working on the small scale. My poor little node would probably die if I had anything near the hash rate of Radio's pool. Hopefully he's doing alright.
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mgburks77
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March 20, 2014, 03:11:28 AM |
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it's at 2900 now. It will probably crash to 1500-2000 as it is dumped.
Don't try to catch a falling knife! You'll bleed
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Sircoss
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March 20, 2014, 03:25:31 AM |
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it's at 2900 now. It will probably crash to 1500-2000 as it is dumped.
Don't try to catch a falling knife! You'll bleed
It will stabilize back to 3600-3800 when everyone calms down and the dumping is done. If you look at the buys there isn't much keeping us from getting back to that range. Buy cheap now if you can because these prices wont last long. |
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mellomike
Member
Offline
Activity: 84
Merit: 10
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March 20, 2014, 03:28:52 AM
Last edit: March 20, 2014, 06:48:25 AM by mellomike |
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BCPool.co Launching in beta mode this weekend. We're creating a fail-over multi-pool for BlackCoin that you also can use as your main pool if you like. The pool will feature daily payouts, Real-time working stats, Indicators letting you know what is currently being mined and more features will be coming in the near future.  The website will be online in the next 48 hours and the pool will be open to miners this weekend. If you have any questions, I'll be happy to answer. |
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moderndezigns
Newbie
Offline
Activity: 56
Merit: 0
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March 20, 2014, 03:30:29 AM |
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It was pumped with orders to buy 1 BC and at certain levels someone would place a large buy order to make others feel secure. Then the large orders were pulled and the price dropped. This coin really has no value what can you do with it besides buy and sell it. Also can anyone really see large companies taking Blackcoin as payment?
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kana
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March 20, 2014, 03:34:06 AM |
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It was pumped with orders to buy 1 BC and at certain levels someone would place a large buy order to make others feel secure. Then the large orders were pulled and the price dropped. This coin really has no value what can you do with it besides buy and sell it. Also can anyone really see large companies taking Blackcoin as payment?
We do need to get more people taking this coin for payment for something. Edit: Also a few of us on here called today's pump and tried to warn people against it. We know that any pump will hurt blackcoin, but in the future we will grow despite these pumps/dumps. |
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mellomike
Member
Offline
Activity: 84
Merit: 10
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March 20, 2014, 03:34:27 AM |
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This coin really has no value what can you do with it besides buy and sell it. Also can anyone really see large companies taking Blackcoin as payment?
Funny ... the same thing was said about Bitcoin not even a whole year ago....... .... .. |
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moderndezigns
Newbie
Offline
Activity: 56
Merit: 0
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March 20, 2014, 03:40:38 AM |
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Well maybe I'm wrong but when I looked into this coin about a week ago there was a lot of racism going around on the thread also blackcoin people going to other coin threads during a pump and dump trying to get people to buy to dump leaves a bad first impression
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devachelekar
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March 20, 2014, 03:43:10 AM |
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So start a WhiteCoin
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moderndezigns
Newbie
Offline
Activity: 56
Merit: 0
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March 20, 2014, 03:43:40 AM |
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there you go
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mgburks77
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March 20, 2014, 03:45:44 AM |
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meh I think I'll just choose another coin. That's too much baggage.
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