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

[blade87]

New pool up and running to mine, exchange, and payout in BC. Give it a shot some time and if you like, feel free to set it as a failover to one of the bigger BC Multipools once they go live. More P2P nodes will be going up over the next 2 weeks. The BC network is growing!!

Link : http://www.cryptoalts.com

[jamieb81]

6100 on ploniex and only 5600 on mintpal  

[kana]

As soon as we hit 6500 on MintPal people started dumping at ridiculous low prices. Now begins the race to the bottom...SMH

Yep, I'm glad they are dispossessed of their coins - into the hands of, hopefully, those also possessing a brain.

We've seen this before.

When price rises a bit too quickly, profit takers rush in and start dumping to realise their profit.

I expect 5000 to be the new floor now and by next weekend we will be testing 10000

yep on wards and upwards, we will stumble a bit but we move forwards. Just think of what we have gotten done this week. We have a few multipools starting up that are backed by teams of people. We got on moohla's exchange which is a nice start and we got a casino that is taking blackcoins.

[suchnoob]

Waiting for 2nd wave. That was a unexpectedly lame dump.

[germsite]

Wallet's been open all day, as normal. Following rat4's blockchain fix, a flurry of Mined transactions came in. Now, the wallet is 'Synchronizing with network' ( something it's not had to do for quite some time ), and the number of blocks is increasing. Any suggestions ?

[btcprice]

As soon as we hit 6500 on MintPal people started dumping at ridiculous low prices. Now begins the race to the bottom...SMH

Yep, I'm glad they are dispossessed of their coins - into the hands of, hopefully, those also possessing a brain.

We've seen this before.

When price rises a bit too quickly, profit takers rush in and start dumping to realise their profit.

I expect 5000 to be the new floor now and by next weekend we will be testing 10000

yep on wards and upwards, we will stumble a bit but we move forwards. Just think of what we have gotten done this week. We have a few multipools starting up that are backed by teams of people. We got on moohla's exchange which is a nice start and we got a casino that is taking blackcoins.

A week ago the price was at 1500 sat. We have seen 400% increase in 1 week!

[IconicExpert]

I wish exchanges would universally adopt limitations on the minimum sat you can sell a coin below current market price. Example: If a coin is currently selling at 0.00005900, the lowest one can sell their coin is  0.00005899. And for someone to sell at 0.00005898, a coin first has to sell at 0.00005899. Also a minimum low price hold would also combat random dumping. Example: If a coin is currently selling at 0.00005900, then it has to stay at that lowest price for x amount of seconds or even minutes before it can be sold lower. Of course it can sell higher, but by putting a hold on the lowest price it will slow down the rate of dumps.

[Shizof]

Wallet's been open all day, as normal. Following rat4's blockchain fix, a flurry of Mined transactions came in. Now, the wallet is 'Synchronizing with network' ( something it's not had to do for quite some time ), and the number of blocks is increasing. Any suggestions ?

Restart your wallet

[ThePatient]

Should I sell (and buy back more later) or hold??

[kana]

I wish exchanges would universally adopt limitations on the minimum sat you can sell a coin below current market price. Example: If a coin is currently selling at 0.00005900, the lowest one can sell their coin is  0.00005899. And for someone to sell at 0.00005898, a coin first has to sell at 0.00005899. Also a minimum low price hold would also combat random dumping. Example: If a coin is currently selling at 0.00005900, then it has to stay at that lowest price for x amount of seconds or even minutes before it can be sold lower. Of course it can sell higher, but by putting a hold on the lowest price it will slow down the rate of dumps.

Dumps are good for a strong coin like blackcoin, we need more people in blackcoin, if people want out let them out.

[IconicExpert]

Should I sell (and buy back more later) or hold??

Hold...

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[draco71]

Should I sell (and buy back more later) or hold??

The ship is sailed I think. Hold.

[germsite]

Wallet's been open all day, as normal. Following rat4's blockchain fix, a flurry of Mined transactions came in. Now, the wallet is 'Synchronizing with network' ( something it's not had to do for quite some time ), and the number of blocks is increasing. Any suggestions ?

Restart your wallet

Yup, done that. Wallet tells me it's 'downloaded 37862 of 38030', stuck on those figures, number 'remaining' blocks increasing. All coins have moved from a combination of Balance and Stake to entirely Stake, wallet tells me it's not staking because I have no mature coins.  I have not moved any coins out of the wallet. Ever.

- EDIT - It is stuck on block 37862 ...

[Lokken86]

Should I sell (and buy back more later) or hold??

Hold...

I say sell some and buy back. Reason being I believe this is temporary pump then back to 4000. It would be silly not to when we are seeing 20% swings in 5 minute gaps. Just don't gamble your main stash but use clear cut chances to increase your stash!

If we were all to adopt a strategy like this its more likely to weed out the pumper dumpers long term by taking their coins.

[virtualfaqs]

I wish exchanges would universally adopt limitations on the minimum sat you can sell a coin below current market price. Example: If a coin is currently selling at 0.00005900, the lowest one can sell their coin is  0.00005899. And for someone to sell at 0.00005898, a coin first has to sell at 0.00005899. Also a minimum low price hold would also combat random dumping. Example: If a coin is currently selling at 0.00005900, then it has to stay at that lowest price for x amount of seconds or even minutes before it can be sold lower. Of course it can sell higher, but by putting a hold on the lowest price it will slow down the rate of dumps.

Dumps are good for a strong coin like blackcoin, we need more people in blackcoin, if people want out let them out.

Look it sucks to be on the losing side of a dump. That's just how the market goes. Unless someone gets hacked, I don't see the problem. I've used dump button before too right after some terrible news or when I felt the market was going up too quickly. But never when there's such massive slippage like this. But to each their own. I can't say one way is better then the other. Questionable, yes, but who knows.

[virtualfaqs]

Should I sell (and buy back more later) or hold??

Hold...

I say sell some and buy back. Reason being I believe this is temporary pump then back to 4000. It would be silly not to when we are seeing 20% swings in 5 minute gaps. Just don't gamble your main stash but use clear cut chances to increase your stash!

If we were all to adopt a strategy like this its more likely to weed out the pumper dumpers long term by taking their coins.

Increase your stash. I'd buy more rather then selling. I'm been on the losing end way too many times when dealing with BTC to do that anymore. And it's really stressful. Anyone who's on this forum "knows" BC is undervalued. If NXT can hit $40 mil cap, I don't see why we can't given what BC can do. Remember hindsight is 20/20. Next time you try it might not fit the last pattern. Good luck. But if you believe this is BTC 2.0 or LTC 2.0 is that really worth risking? General philosophy now is to hold if there's no news. Evaluate the bad news and decide whether to sell.

[Fraxinus]

Wallet's been open all day, as normal. Following rat4's blockchain fix, a flurry of Mined transactions came in. Now, the wallet is 'Synchronizing with network' ( something it's not had to do for quite some time ), and the number of blocks is increasing. Any suggestions ?

Restart your wallet

Yup, done that. Wallet tells me it's 'downloaded 37862 of 38030', stuck on those figures, number 'remaining' blocks increasing. All coins have moved from a combination of Balance and Stake to entirely Stake, wallet tells me it's not staking because I have no mature coins.  I have not moved any coins out of the wallet. Ever.

- EDIT - It is stuck on block 37862 ...

Delete blockchain files and restart

[Raptorjesus]

Must...resist...panic buying...

[Lokken86]

Should I sell (and buy back more later) or hold??

Hold...

I say sell some and buy back. Reason being I believe this is temporary pump then back to 4000. It would be silly not to when we are seeing 20% swings in 5 minute gaps. Just don't gamble your main stash but use clear cut chances to increase your stash!

If we were all to adopt a strategy like this its more likely to weed out the pumper dumpers long term by taking their coins.

Increase your stash. I'd buy more rather then selling. I'm been on the losing end way too many times when dealing with BTC to do that anymore. And it's really stressful. Anyone who's on this forum "knows" BC is undervalued. If NXT can hit $40 mil cap, I don't see why we can't given what BC can do. Remember hindsight is 20/20. Next time you try it might not fit the last pattern. Good luck.

Im not condoning making a trade and sleeping on it but rather keep eyes glued to screen hehe. When price rises from 4500 to 6000 in the blink of an eye you can be sure itl come back to earth and fast like it keeps doing.