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

[lacrossewacker]

What is going on with the multipool?

Just not ready yet.  On and offline. 

[svojoe]

What is the status of our pools?   We have 2 or 3 now? correct?

[crocko]

I want to mine BC, but I don't see any regular / p2p pool here.
I know this coin is PoS but I need some help.
Where do you mine for BC ?

[yourstruly]

You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.

With all the pumps and dumps BC has a steady upward projection. All you have to do is match BlackCoin's growth with other similar AltCoins growth and you can reasonably predict where the coin will be in 6 months. In about a 4 to 7 weeks it will be at $1.00, and in 6 months we will be around $5, you can hold me to that. There is always the chance it can explode over night, that has happened to other coins before. But based on the current growth we will be at $1.00 soon. It will be at $1.00 even quicker if people would stop selling BlackCoin at reduced prices as if they are selling MintCoin

$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.

But I thought pumps and dumps are good thing. Doesn't that mean huge % change and won't that attract new investors who want to get into throwing money in this altcoin? Sure it's not good for currency usage, but there's not really many other PoS alternatives right now.

One of the reasons Bitcoin took off was because there were periods of stability, which is when merchants (like us) decided it was safe enough to take a risk on banking in the currency. It was certainly not overnight. We bought a large amount of BTC on July 12-14th, 2011, at $30-32, right before it crashed. We unwound as best we could and came back with it.

But the fact is, you have nothing if you don't have people willing to hold your currency overnight, and willing to do business in it. P&D is not what's going to attract new investors. Stability and sustainable growth -- at 1 Satoshi or 1 BTC -- is what will attract them.

We got into BlackCoin because we think it has a natural floor under it; not because it's being hyped. So ditch the hype. You're doing more damage than good if you attract panic buyers.

Exactly this, we need to focus on building up the black coin infrastructure.

We have a blueprint from what has been successful with other crypto currencies but there is a lot of new innovative things people can contribute too as well like multipools. If we focus on this we can get steady and solid growth and create a truly stable cryptocurrency that works better for commerce instead of just an investment/gamble.

This idea has a lot of potential, it uses less energy, it has the potential for slow stable growth and has all the benefits of secure electronic money.

[yourstruly]

I want to mine BC, but I don't see any regular / p2p pool here.
I know this coin is PoS but I need some help.

The only multipool I know of its in closed beta and is currently down.

If I'm wrong someone please correct me.

[buddynuno]

Any idea if Blackcoin is going to be listed at Vault of Satoshi in April?

[cryptoba]

Hi,

To you all person who think they are computer intelligent and decide to scam people:

It's not because you fuck people behind a screen that god does not see you...

The Matrix is watching you...

[jamieb81]

I want to mine BC, but I don't see any regular / p2p pool here.
I know this coin is PoS but I need some help.
Where do you mine for BC ?

becose non is operational now

[EarnCryptoCoins]

EarnCryptoCoins

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[jamieb81]

Hi,

To you all person who think they are computer intelligent and decide to scam people:

It's not because you fuck people behind a screen that god does not see you...

The Matrix is watching you...

So you believe in God yet also believe in the Matrix.. hmm sorry but that's incompatible. or are you a member of the Scientology lol

[ssaCEO]

You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.

With all the pumps and dumps BC has a steady upward projection. All you have to do is match BlackCoin's growth with other similar AltCoins growth and you can reasonably predict where the coin will be in 6 months. In about a 4 to 7 weeks it will be at $1.00, and in 6 months we will be around $5, you can hold me to that. There is always the chance it can explode over night, that has happened to other coins before. But based on the current growth we will be at $1.00 soon. It will be at $1.00 even quicker if people would stop selling BlackCoin at reduced prices as if they are selling MintCoin

$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.

But I thought pumps and dumps are good thing. Doesn't that mean huge % change and won't that attract new investors who want to get into throwing money in this altcoin? Sure it's not good for currency usage, but there's not really many other PoS alternatives right now.

One of the reasons Bitcoin took off was because there were periods of stability, which is when merchants (like us) decided it was safe enough to take a risk on banking in the currency. It was certainly not overnight. We bought a large amount of BTC on July 12-14th, 2011, at $30-32, right before it crashed. We unwound as best we could and came back with it.

But the fact is, you have nothing if you don't have people willing to hold your currency overnight, and willing to do business in it. P&D is not what's going to attract new investors. Stability and sustainable growth -- at 1 Satoshi or 1 BTC -- is what will attract them.

We got into BlackCoin because we think it has a natural floor under it; not because it's being hyped. So ditch the hype. You're doing more damage than good if you attract panic buyers.

Exactly this, we need to focus on building up the black coin infrastructure.

We have a blueprint from what has been successful with other crypto currencies but there is a lot of new innovative things people can contribute too as well like multipools. If we focus on this we can get steady and solid growth and create a truly stable cryptocurrency that works better for commerce instead of just an investment/gamble.

This idea has a lot of potential, it uses less energy, it has the potential for slow stable growth and has all the benefits of secure electronic money.

Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so.

That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that.

[jamieb81]

clap clap clap!

that Sir, is very well said!

[draco71]

Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so.

That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that.

Well put !!! Read and learn, because that is the difference between an investor/businessman and a toddler that likes to play with 100 sat up/down, P&Ds, speaks about "whales" and rubbish like that in order to gain 0.1 BTC.

Hats off Sir, hats off !!!

 

[yourstruly]

Well I'm off to work on building the first Blackcoin centric exchange, I hope mintpal starts offering it before I finish but I will be working on this regardless. I will have more details about this project in the near future. Basically we will offer

BC <-> BTC
BC <-> LTC
BC <-> DOGE
..etc

Allowing anyone to trade directly into BC. We will keep the markets limited to major targets so we can maintain good liquidity on all of our markets. If anyone is working on a multipool and wants to partner up I would be willing give you a REST API to buy BC with zero fees to maximize profits for your miners. If I cannot find a multipool starting I will start an open source one to get the ball rolling.

If anyone has any specific questions they can PM me.

[cryptoba]

Hi,

To you all person who think they are computer intelligent and decide to scam people:

It's not because you fuck people behind a screen that god does not see you...

The Matrix is watching you...

So you believe in God yet also believe in the Matrix.. hmm sorry but that's incompatible. or are you a member of the Scientology lol

Incompatible, lol...I believe in the incmpatibility of the compatibility...Scientology, lol...

Sorry, I believe in the compatibility of the incompatibility...

High on coins...

[IconicExpert]

$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.

One word: Auroracoin

Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so.

That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that.

Without hype no coin can survive. Bitcoin wouldn't be worth $580.00+ without hype. Dogecoin wouldn't be where it is without hype. Yes you need all of the above as well, but without hype no one knows it exists. It goes hand in hand. Also, not everyone is here for the same reason. I will support the community as much as I can to see the coin succeed, but lets be realistic here. We ARE ALL here to make money.

[nlrobbie]

The chart looks reasonable... good support around 7000 but when it gets below you will see a sell off i think.

[ssaCEO]

$5 in 6 months? That would mean marketcap is $400 million. That's the LTC market cap. Not impossible, but as much as I love this Blackcoin, I don't see that happening. That would mean faster growth then even BTC and I think that time is gone.

One word: Auroracoin

Look. There are hundreds of crypto currencies. About 90% of them are laughable jokes (marscoin) or absurd appeals to a small market within a small market (spaincoin). About 10% are actually attempts to reengineer the nature of what Satoshi did (NXT). The 90% will fail. Of the 10%, the ones that succeed will be the ones that keep it simple and strike a transparent, equitable balance between private holdings and wide distribution, and between inflation and deflation. OF THOSE, BlackCoin is the only one that appears to have the community, plan and infrastructure to actually make it so.

That, friends, is how we came to the decision to start accepting BlackCoin. What happens overnight or next week is irrelevant. You need more merchants, more casinos, more people storing their value in the currency; and I'm telling you that if you are concerned with overnight prices and pumping or dumping, you are missing the larger point. BlackCoin -- if it isn't wrecked by mischief and speculation -- has the potential to eclipse Lightcoin by the end of the year. I genuinely believe that. Stop trying to tout it as a casino. That's what other alts are for. This is something different. If you narrow down all the possibilities by the criteria I outlined above, you'll see this is an amazing investment, not something you should be trying to hype for a short-term profit. Simple as that.

Without hype no coin can survive. Bitcoin wouldn't be worth $580.00+ without hype. Dogecoin wouldn't be where it is without hype. Yes you need all of the above as well, but without hype no one knows it exists. It goes hand in hand. Also, not everyone is here for the same reason. I will support the community as much as I can to see the coin succeed, but lets be realistic here. We ARE ALL here to make money.

Bitcoin wouldn't be worth that much without press. Positive and negative press, that's what got the wider investment community interested. BlackCoin is still too young for that kind of press. No twitter hype and no forum con is going to convince Business Week to write an article about BlackCoin. The only thing that will give it that exposure is slow, steady growth and hammering home the fundamental fact that it's a PoS coin, it's a blackhole for the other alts, and it's no longer being minted. Those are the things that make it an attractive alternative to BTC as a store of value. If you add to that more exchanges and more merchants, anything is possible.
"Hype" is a relative thing. Hype among alt-coin speculators is just a quick boom followed by a quicker bust. Hype among mainstream investors requires a lot more diligence and time. I'm not against the latter kind of hype, provided that it's justified. I just don't want to see the former destroy the currency before it has a chance to bring in more merchants and a more stable base.
All I'm saying is that the mechanics of this coin are too good to be wasted on a P&D. If they are, another coin will arise with the same mechanics as BlackCoin, or something very similar; but if expectations are managed well right now, and the focus is on growing an economy rather than what happens by the end of the week, then our effort won't have been in vain.

[StolenCoinSalesman]

I have a question these top 3 wallets have each gained % over the past day. Ok, but the % is real close to the same for each of them. First look I seen 15% for each, then 8% for each now 7% for each. Why would they be going up the same % each time.

[flinchy]

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 (.)  

Yes, in Canada (and maybe anywhere that use metric system?)

You guys are crazy given the market cap. It's at $0.04 now. In 6 months to 12 months, I'd say $0.50-$1. In 2 years, $3-$5. We have 3x as many BTC in our market cap, so our jump should not be so crazy.

exactly.. we have 21m BTC cap, and about 60 million black coin right? so if blackcoin is only $5 each, that's less than 1/100 the CURRENT price of bitcoin, or only 1/33 the market cap... if bitcoin had a 10bn market cap, blackcoin would only have 300 million

$5 is nothing for blackcoin.