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

[mellomike]

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.

They are wallets for the exchanges ... and exchanges usually change by the same percent ..

[1713435642]

1713435642

[1713435642]

1713435642

[calaber24p]

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.

Its called opportunity cost and a key to all economics. As price rises some value the USD value more than the BC value. The larger quantity in the sell category, the more the price will fall. When you have large percentage movements like you have seen in the past couple of days, the more sellers there are who take profits. Although I would like the price go up, small movements are the healthiest and lead to well established buy walls and stable price movements. People will sell, people will buy just sit back and enjoy the ride if you have faith in the coin.

[calaber24p]

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.

They are wallets for the exchanges ... and exchanges usually change by the same percent ..

It might be a bug or possibly the same person accumulating coins in 3 addresses to give the illusion of 3 holders. Lets hope its the former and not the latter since the amount of coins he has could easily be used to manipulate and control the market, not to mention leads to far less decentralization.

[tabnk]

Price dropping .

[draco71]

Yes, it is only 40% up from the opening today.

[bitcoin carpenter]

if you guys want to see a stable 10k by then of the week, I mean one that big holders can sell a few btc's worth without dropping the price, you will be happy if the price does not rise more than 5% for a few days....

all this buy buy buy with no orderbook fill in is making me jumpy

[IconicExpert]

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.

I agree with most of what you wrote. However, what kills most coins has less to due with P&D, clones, or even over hyping. Most coins die because the developers are teenagers in a foreign country trying to make  quick money and know very little about development. They have no interest in supporting the coin long term, and when the coin reaches a predetermined level they cash out. So I do not believe that BlackCoin will die because someone in a forum or Twitter over hypes it.

[vizique]

............... Most coins die because the developers are teenagers in a foreign country trying to make  quick money and know very little about development. They have no interest in supporting the coin long term, and when the coin reaches a predetermined level they cash out. So I do not believe that BlackCoin will die because someone in a forum or Twitter over hypes it.

QFT

[jsalert]

For those who are interested in the ongoing updates for work happening with the mining pool:

http://pastebin.com/hJjZrXt0

Looks like they are getting fixes on and will be back up soon.

[draco71]

One more day concluded.

Open: 0.00005390
Close: 0.00007555
Diff: ~ 44% up

Not bad I think ...

[funsponge]

#ultracoin confirms in 20 seconds!

[draco71]

#ultracoin confirms in 20 seconds!

... and the point is ?

[David Latapie]

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 was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

[Charloz24]

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 was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money atm. So much for triumphalist speeches.

Going from 5500 sats to 7700 means stagnate?? seriously .. 1650+BTC last 24hr on mintpal ...you call that stagnate...

I'm glad I sold out all my MINT.............

[jamieb81]

Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

[Vann]

Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

Upgrade to wallet v1.05

[alison03]

#BlackCoin now 5th most traded by USD volume - to the moon!

wow, blackcoin to the moon 

BlackCoin Wallet Generator

Donation
Bitcoin : 1Paper8DS3Mb4angPMT2Z2SfkzJMvF4pme
BlackCoin : BFUKZePugAvFTRrtctZVu84Xb12oeYazaA

I've never used a paper wallet...is this the official one? How exactly do I get my blackcoin off of mintpal into a wallet? I'm terrified to mess this up.

[heartastack]

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 was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Can you do the community a favour? Sell and go away.

[jamieb81]

Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

Upgrade to wallet v1.05

thanks, I didn't see there had been an update

[fox19891989]

Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

Download the newest wallet plz, check BC's mainpage