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

[ski92]

If anyone wants some quick cash to trade up for BC over next few days, SPA is looking real good for a mighty pump.

not sure if serious? its gone from $2 to about 20cent lol.
All those country coins are rubbish imo.

[1713434261]

1713434261

[1713434261]

1713434261

[PeterPalmBeach]

Heads up; BC will be listed on Cryptsy on March 28th 

[MuffinMaster]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

Heads up; BC will be listed on Cryptsy on March 28th 

Guess cryptsy got tired of seeing mintpal making some serious bank on Blackcoin. No one would pay their listing fee Or I sure hope not.

Not a bad thing, more buyers for Blackcoin, more exposure. The first coin to be listed that was not voted on since the change.

[IconicExpert]

Heads up; BC will be listed on Cryptsy on March 28th 

Ouch...that might not be such a good idea. I was hoping BC would stay away from Cryptsy. I have witnessed dozens of coins that are doing fine before being listed on Cryptsy, die a slow death after being listed.

[Jabulon]

To the community:

The following commentary is not so much for you, as you already know and understand the points it makes. It is something for the general education of the populace outside crypto, so please feel free to pass it along via blogs or other social media:

A few thoughts on Digital Currency:
Perhaps some of you heard about Warren Buffett's recent dismissal of Bitcoin as 'a mirage'. Funny, my first reaction to that was that he's just too old to understand what it is and what it may imply for the future of money. Now I'm pondering whether he actually had to reject it, vehemently, because of the extent to which he feels threatened by it. Most people, himself included, are very invested in the illusion of the dollar and/or their own respective government-backed currencies. The more people there are who understand what Bitcoin is, the more that illusion frays at the edges and begins to come undone.
I've been reading up a little on Gresham's law. Fascinating stuff. Sir Thomas Gresham was a sixteenth-century financial agent of the English Crown. The 'law' had been formulated a generation earlier by Copernicus, in a treatise called Monetae Cudendae Ratio. This is the crux of it: "bad (debased) coinage drives good (un-debased) coinage out of circulation." Gresham used this to explain to the Queen (Elizabeth 1) the reason for the miserable state into which the English shilling had fallen. To quote a historian whose name I didn't happen to note down:
"The statement was part of Gresham's explanation for the "unexampled state of badness" England's coinage had been left in following the "Great Debasements" of Henry VIII and Edward VI, which reduced the metallic value of English silver coins to a small fraction of what it had been at the time of Henry VII. It was owing to these debasements, Gresham observed to the Queen, that "all your fine gold was conveyed out of this your realm."
The connection I'm proposing here is that Bitcoin is, and is increasingly perceived to be, 'good' currency, while the dollar and other fiat currencies are increasingly perceived as 'debased'. This kind of thinking is still not widespread enough to have the disruptive impact it might have someday soon. But it has gained a lot of ground lately, enough to cause (in combination with a few other factors) Bitcoin valuation to rise from $25 to as high as $1,200 within a year.
Some may object that the parallel I'm drawing doesn't hold because, where (for instance) gold has 'intrinsic value', Bitcoin does not have it (or is presumed by Buffett and others not to). But what is 'intrinsic value'? I mean, yes, gold may have uses in old-school dentistry and in the making of pretty objects, but that hardly justifies the notion of value independant of the subjective, emotional consensus, "gold is precious". Still less does it confer any substance on the dollar, whose relationship to gold is but a distant memory. One might actually make a better argument that Bitcoin and its digital offspring, the 'altcoins', e.g., Litecoin, Blackcoin, Vertcoin etc., have more 'real' or 'intrinisic' value. Digital does what it does extremely well. The utility of it is tremendous. The intelligence and other resources that allow it to exist and function are tremendous (computing-power, among other things). And it cannot be minted arbitrarily in endless reams of paper at the whim of a central bank.
Others may object that while Gresham was speaking about currency, i.e., different grades of shilling within the realm, Bitcoin and the 'alts' are not currency. But this is just semantic quibbling. The mindless refrain of newspaper columnists lately has been that currency must be mandated by government, a qualification Bitcoin and the others lack. Meaning, it's not currency unless government says it is. I would say that it becomes currency in virtue of being used as such. Which it already is. By real people, in real commerce.
Anyway, we'll see how it all plays out. We may see a time when people try as hard as possible to palm off their dollars to anyone who still tolerates them in exchange for goods and services, while seeking to receive digital currency whenever possible -- to collect or spend in international trade where it's the only currency-form that is taken seriously at all. I believe we may be heading that way.
--Jabulon

Reuters decided to post my article. Cool! See comment section immediately below this big piece on Bitcoin: http://www.reuters.com/article/2014/03/20/bitcoin-future-idUSL3N0MH0AD20140320

Real glad to keep getting the word out on Crypto and the precious few truly outstanding coins, including Blackcoin, which is mentioned here alongside Bitcoin, Litecoin and Vertcoin. The four pillars of Cryptocurrency, imho. Anyway, tweet the shit out of the link. Thanks!

[jamieb81]

To the community:

The following commentary is not so much for you, as you already know and understand the points it makes. It is something for the general education of the populace outside crypto, so please feel free to pass it along via blogs or other social media:

A few thoughts on Digital Currency:
Perhaps some of you heard about Warren Buffett's recent dismissal of Bitcoin as 'a mirage'. Funny, my first reaction to that was that he's just too old to understand what it is and what it may imply for the future of money. Now I'm pondering whether he actually had to reject it, vehemently, because of the extent to which he feels threatened by it. Most people, himself included, are very invested in the illusion of the dollar and/or their own respective government-backed currencies. The more people there are who understand what Bitcoin is, the more that illusion frays at the edges and begins to come undone.
I've been reading up a little on Gresham's law. Fascinating stuff. Sir Thomas Gresham was a sixteenth-century financial agent of the English Crown. The 'law' had been formulated a generation earlier by Copernicus, in a treatise called Monetae Cudendae Ratio. This is the crux of it: "bad (debased) coinage drives good (un-debased) coinage out of circulation." Gresham used this to explain to the Queen (Elizabeth 1) the reason for the miserable state into which the English shilling had fallen. To quote a historian whose name I didn't happen to note down:
"The statement was part of Gresham's explanation for the "unexampled state of badness" England's coinage had been left in following the "Great Debasements" of Henry VIII and Edward VI, which reduced the metallic value of English silver coins to a small fraction of what it had been at the time of Henry VII. It was owing to these debasements, Gresham observed to the Queen, that "all your fine gold was conveyed out of this your realm."
The connection I'm proposing here is that Bitcoin is, and is increasingly perceived to be, 'good' currency, while the dollar and other fiat currencies are increasingly perceived as 'debased'. This kind of thinking is still not widespread enough to have the disruptive impact it might have someday soon. But it has gained a lot of ground lately, enough to cause (in combination with a few other factors) Bitcoin valuation to rise from $25 to as high as $1,200 within a year.
Some may object that the parallel I'm drawing doesn't hold because, where (for instance) gold has 'intrinsic value', Bitcoin does not have it (or is presumed by Buffett and others not to). But what is 'intrinsic value'? I mean, yes, gold may have uses in old-school dentistry and in the making of pretty objects, but that hardly justifies the notion of value independant of the subjective, emotional consensus, "gold is precious". Still less does it confer any substance on the dollar, whose relationship to gold is but a distant memory. One might actually make a better argument that Bitcoin and its digital offspring, the 'altcoins', e.g., Litecoin, Blackcoin, Vertcoin etc., have more 'real' or 'intrinisic' value. Digital does what it does extremely well. The utility of it is tremendous. The intelligence and other resources that allow it to exist and function are tremendous (computing-power, among other things). And it cannot be minted arbitrarily in endless reams of paper at the whim of a central bank.
Others may object that while Gresham was speaking about currency, i.e., different grades of shilling within the realm, Bitcoin and the 'alts' are not currency. But this is just semantic quibbling. The mindless refrain of newspaper columnists lately has been that currency must be mandated by government, a qualification Bitcoin and the others lack. Meaning, it's not currency unless government says it is. I would say that it becomes currency in virtue of being used as such. Which it already is. By real people, in real commerce.
Anyway, we'll see how it all plays out. We may see a time when people try as hard as possible to palm off their dollars to anyone who still tolerates them in exchange for goods and services, while seeking to receive digital currency whenever possible -- to collect or spend in international trade where it's the only currency-form that is taken seriously at all. I believe we may be heading that way.
--Jabulon

Reuters decided to post my article. Cool! See comment section immediately below this big piece on Bitcoin: http://www.reuters.com/article/2014/03/20/bitcoin-future-idUSL3N0MH0AD20140320

Real glad to keep getting the word out on Crypto and the precious few truly outstanding coins, including Blackcoin, which is mentioned here alongside Bitcoin, Litecoin and Vertcoin. The four pillars of Cryptocurrency, imho. Anyway, tweet the shit out of the link. Thanks!

wow that's awsome, I think this will get attention to Blackcoin in a very big way, this can get very very big


And I hope BC does not hit Craptsy ..

[IconicExpert]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

[damiano]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

If BC gets accepted as a form of payment and is accepted at a lot of merchants then sky is the limit

[Charloz24]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

I'm optimistic too, but anyone can pull out numbers...

How about:

8,75$ in 6 months
122,44$ in one year

 

[MuffinMaster]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

If BC gets accepted as a form of payment and is accepted at a lot of merchants then sky is the limit

You have to account that bc is still "unknown". Once the big players of the LTC and BTC world realize the potential and the threat that blackcoin is it will explode.

There is probably less then 20k people that know what blackcoin is. possibly less then 10k. What happens when that number is 200k? 2 million?

Blackcoin is stable enough to survive primetime like litecoin and dogecoin before it.

[CatKiwi]

Stop dumping for the love of christ. Everytime we get past 7600 some idiot dumps back to 7400 rather than staggering their sell orders nicely for a smoother and more profitable exit. I cannot wait for the multipool to kick in again and burn these assholes out of their presumed profits.

[Sircoss]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

AuroraCoin did it and it is no where near as legitimate of a coin as Blackcoin is.  If the price keeps going up the way it has been and basically doubling every week, who knows where we will end up.

[now2ai8]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

I'm optimistic too, but anyone can pull out numbers...

How about:

8,75$ in 6 months
122,44$ in one year

 

I know it's a bit off topic; but is normal for you to use a (,) instead of a (.) to separate between dollars and cents?  In the US, we use (.)  

[PDcologne]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

If BC gets accepted as a form of payment and is accepted at a lot of merchants then sky is the limit

You have to account that bc is still "unknown". Once the big players of the LTC and BTC world realize the potential and the threat that blackcoin is it will explode.

There is probably less then 20k people that know what blackcoin is. possibly less then 10k. What happens when that number is 200k? 2 million?

Blackcoin is stable enough to survive primetime like litecoin and dogecoin before it.

+1 - this is the correct outlook

[PDcologne]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

I'm optimistic too, but anyone can pull out numbers...

How about:

8,75$ in 6 months
122,44$ in one year

 

I know it's a bit off topic; but is normal for you to use a (,) instead of a (.) to separate between dollars and cents?  In the US, we use (.)  

A lot of central Euro countries do yes.... in UK its a . but i live in Germany now and they use ,

[PeterPalmBeach]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

I'm optimistic too, but anyone can pull out numbers...

How about:

8,75$ in 6 months
122,44$ in one year

 

I know it's a bit off topic; but is normal for you to use a (,) instead of a (.) to separate between dollars and cents?  In the US, we use (.)  

No we don't !. We use (,) to separate thousands and (.) to separate decimal places.

[StolenCoinSalesman]

Heads up; BC will be listed on Cryptsy on March 28th 

NO!!!!!!!!!!!!!!!!!!

I hate that site, so hard to use and read the charts.

[jamieb81]

Stop dumping for the love of christ. Everytime we get past 7600 some idiot dumps back to 7400 rather than staggering their sell orders nicely for a smoother and more profitable exit. I cannot wait for the multipool to kick in again and burn these assholes out of their presumed profits.

I hate when people do that, just outbid you for a few satoshi, just stack on the other and wait, dont be so impatient

[yourstruly]

any prediction on price within the next 6-12 months?

1 USD
edit: if all goes well

6 months 10$ in 12 months 200$

I am as optimistic as the next guy, but do you really think BlackCoin will reach $10 in 6 months and in 12 months reach $200? Besides 42 Coin and Bitcoin, no other coin has come close to $200 per coin. I think $10.00 in 12 months is more realistic, unless you know something I do not know?

I'm optimistic too, but anyone can pull out numbers...

How about:

8,75$ in 6 months
122,44$ in one year

 

I know it's a bit off topic; but is normal for you to use a (,) instead of a (.) to separate between dollars and cents?  In the US, we use (.)  

A lot of people outside of the states switch those with numbers.

[blade87]

Stop dumping for the love of christ. Everytime we get past 7600 some idiot dumps back to 7400 rather than staggering their sell orders nicely for a smoother and more profitable exit. I cannot wait for the multipool to kick in again and burn these assholes out of their presumed profits.

That is natural price movement. Trust me, you don't want to go up too fast. BC has already gone up fast. It's much better off building a good support at the price. Every time we move sideways for a while at a certain price, and then explode upward, you can feel confident it's not going back below the price it started at (assuming long term trend is up, which it is for BC right now).