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

[jamieb81]

BC down? Time to buy.

+1000 already did 

[PeterPalmBeach]

BC down? Time to buy.

I already bought few. I'm good. I'm out of BTC's  
Tomorrow we will see 10K breaking for sure...

[jamieb81]

Omg, just saw in the voting list of Mintpal, "Crimeacoin" come on.. how much of these country stupid coins..

[freigeist]

Where do you trade this coins?
Where is the best liquidity?!

[PeterPalmBeach]

Omg, just saw in the voting list of Mintpal, "Crimeacoin" come on.. how much of these country stupid coins..

Then we will mine this coin next  

[rbauer85]

I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.

I can tell I'm going to be in the minority on this, but I think this is a case where correlation != causation.  The pool is still only buying once per day as far as I know so it's not like the latest correction was caused by pool buy support suddenly disappearing.  I think the spike to 9k and subsequent correction are simply whales trying to piggyback a pump & dump on the steady climb we're on.  Given the resilience we're seeing I'm not concerned about any of it.  It is exciting to watch though.

The situation is just people manipulating the market, and their manipulation coinciding with pool activities. They waited until the pool went down for any update, and dumped then.

[mellomike]

blackcoinminer.com or blackcoinpool.com

suggestions?  I was using blackcoinpool but it's down now.  blackcoinminer.com any good?

Hi lacross.

We (blackcoinminer) are still closed until the mid week.. working on upgrades.

mello - the miner stats page is still up and it looks like people are mining on it.  It keeps getting mentioned in IRC as well.  You might want to stop stratum or move to a diff port# if you are testing to keep people from hitting yours if they have it set as a failover.

Thanks for the heads up! I had a few AWS instances pointed at the pool to help me test... didn't realize other people were still trying to connect to it.

[mrwalker1750]

When will it be .08 BTC again?

[Raptorjesus]

When will it be .08 BTC again?

It never was. You didn't miss anything. don't worry.

[jamieb81]

When will it be .08 BTC again?

I think you mean 0.00008000 BTC?

[mrwalker1750]

When will it be .08 BTC again?

I think you mean 0.00008000 BTC?

Nah. I'm talking about the anomaly that I saw this morning on Cryptorush.

[draco71]

When will it be .08 BTC again?

I think you mean 0.00008000 BTC?

Nah. I'm talking about the anomaly that I saw this morning on Cryptorush.

That was not "the price". That was a couple of guys that just bought a couple of coins without knowing their current price.

[wantrepreneur]

hence; anomaly.

[mrwalker1750]

hence; anomaly.

Yea you're probably right. But oh to dream.

[plumptoiletduck]

We are 7500 ATM but looking at the graphs I think we should be trading at about low 6000's.

Your thoughts...

[jamieb81]

We are 7500 ATM but looking at the graphs I think we should be trading at about low 6000's.

Your thoughts...

wait until the pools are fully up and runing again

[mr_random]

This is the third time this pattern has repeated. If you're interested in the price pattern read below.

Pump from 600 to 1400 satoshis. This led to a massive dump back and took a while to recover from. It slowly climbed back up to 1500 and then...

Pump from 1500 to 4900 satoshis. This was an epic pump. The usual daily trading volume spiked up to 1400 BTC traded in a day. It was followed by a massive dump (people taking profit).

Since that last dump which occurred the weekend before last the price has slowly climbed back up from 1600 to 2500 to 3500 to 4500. When it broke 3500 confidence started regrowing very quickly. It hovered around the high 4000's for a while. When it smashed through 5000, I posted here saying this is a very significant sign (it's a very bullish indicator recovering from a dump to break the all time high price) and I predicted a frenzied pump like the last two times (proof here -  DO NOT POST SESC LINKS ).

We've now experienced the next pump from 4900 to 9000 satoshis

What is happening now is the next dumping phase. Effectively this is people cashing out there profits. I expect this to last for several days like the last few times. There's no proof of work mined coins being dumped on the market. The only mass coins being released are from people who bought low and who want to realise their profits. Eventually this will stop, and the buying pressure will cause further rises in price.

The market cap of this coin is still peanuts. We could easily triple in price from here. Easily. When I do finally start taking profits from this coin, it's going to be one of the rare coins where I only cash out half and keep the other half in. Because with a coin like this you just don't know what the ceiling is going to be for many weeks.

[virtualfaqs]

We are 7500 ATM but looking at the graphs I think we should be trading at about low 6000's.

Your thoughts...

Graphs are approximations of history. We make our own destiny!   Well at least people with big pockets do.

[Lokken86]

So who thinks 7000 is the floor or will we be back on track from where we left off at 5000s or 6000s?

[Ramirez]

We are only 10BTC from 8000... It can be bought in 10 min when the multipool wakes up!