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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2509989 times)
Omega0255
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March 25, 2014, 01:26:18 PM
 #9401

I guess we're going through a general downtrend. I pulled out already. Just waiting to get back in. Cheesy
freshmeat
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March 25, 2014, 01:26:40 PM
 #9402

Nobody ig going to buy because some sell orders dump the price all the time 8200 - 7500 , 8200 - 7500 . so price is going to crash . so just wait and prepare your BTC to buy at 5000 - 4000 =)
David Latapie
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March 25, 2014, 01:27:25 PM
 #9403

Smarter hackers would stake those coins after a thorough cleaning.
I don't understand why people are keeping PoS coin on an exchange. Are all of them day-traders, lazy or just ignorant of what PoS means?

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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chongo
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March 25, 2014, 01:28:10 PM
 #9404

can someone tell me what happened was offline a few hours...
lonely@thetop
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March 25, 2014, 01:29:52 PM
 #9405

can someone tell me what happened was offline a few hours...

Quickest way is to read up on the news yourself, easy with twitter. twitter.com/#blackcoin
XbladeX
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March 25, 2014, 01:32:07 PM
 #9406

Getting scary out there...  The roundness of those orders suggests it's just a few people holding up the price....



Yep, its being manipulated to dump - they get you to pump it up by panic buying more only to dump on you - probably the coins that were stolen.

Are the 22 million coins that went out of the CR wallet simply on the bad fork? or can they be used by the new client?

I get that they all transations in at 22m but they should have about 1.5m at the end of story but they have now 60k

Loss =  "which is 1554503"

And that 1.5m goes to many useres so users could claim 2x balance because of their bug.
They tried mint coins Cheesy and they have paid for that...
Mintrush disabled minting/stacking for security reasons., Now you see why.
CR wanted earn more but they paid for they greediness...

Coin wasn't forked coin just stuck at synch we haven't parallel block-chains.


Request / 26th September / 2022 APP-06-22-4587
regnevacs
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March 25, 2014, 01:33:53 PM
 #9407

lol.. putting sell wall give those shorthands the creep to sell.
alex1989
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March 25, 2014, 01:34:09 PM
 #9408

I think the price will drop down whilst people sell the coins that they got from the cryptorush fuck up but will bounce back after.
germsite
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March 25, 2014, 01:34:27 PM
 #9409

Someone is playing and pumping up the price to sell coins at a high price.Watch out!!

Or some people are following the Gradual Buy technique that David Latapie reposted a few pages back. There have been many incremental 1000 / 2000 buys & sells that 'look' peculiar placed over the past couple of weeks. It might just be people having a play with a wallet worth $100, instead of some big fish with a $100,000 dollar wallet pumping.

Just an option ...

Gradual buy explained
(short link: http://[Suspicious link removed]/gradual-buy-sell-bc)

I just turned 38 today (technically, in 9 hours). BC si a nice Birthday gift  Grin

I am using IconicExpert's method of slow buying atm. I invest 0.01 BTC at a time. I lose money in the short term but it will help blackcoin in the long term. Do like me. IconicExpert or others, please restate your method, it is too painful for me to do it on a smartphone.

Would you mind explaining what this method is ?
Now that I have a computer again, yes Smiley

Say you have 1 BTC. Instead of putting a buy order at market price (or lower), place, say, ten 0.1 BTC orders either at market price.
An improvement if you use a platform the allows conditionnal orders (like stop orders at https://cryptrader.com/ - beware, it won't work with Mintpal because Mintpal has not published its API yet):
place your ten 0.1 BTC order not at market price but at slightly above market price instead.
For instance, if BC is at 8800
Buy order of 0.1 BTC at 8820, 8840, 8860... and the tenth one at 8900.
Granted, you lose two times in the short term: the first time because you buy at market price instead of taking advantage of an occasional drop (e.g. buy orders at 7500) and a second because instead of buying all at once at market price, you actually buy at a more expensive price! This would appears as masochistic to a short-terme trader. But if you're in for the long run, you actually send a signal to everyone: "prices are constantly raising, be confident, no pump and dump, no scam, put your money in everyone".

As IconicExpert said, if people used gradual buy, the price would not be a 8000 now, it would at 9000 or even higher. Your short term losses are more than compensated then.
I call this gradual buy.

The reverse is true too (and this was the topic of the original IconicExpert's post): if you want to cash in without hampering the price of BC, don't sell at "lowest sell price minus 1 satoshi". Sure, you won't instant sell you will have to wait... some seconds to some minutes. I you cannot wait some more seconds, I think you have some serious questions to ask about yourself.

There is two conditions for gradual buying to succeed:
1. To be patient (wait some minutes). Having a stop order-compatible platform helps
2. To have a lot of people do it (that's the tough part)

I hope it is clear for you now. If you wan't more money, use gradual buying.
David Latapie
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March 25, 2014, 01:37:49 PM
 #9410

So,the ideal thing to do is stack these coins to the sky and leave them there without touching them for a year? Also,is the staking done at once a year or is it a continuous process throughout? If continuous,what's the time interval for which they get staked?
1. yes
2. every 8 hours on average. Your wallet will give you the accurate countdown.

Monero: the first crytocurrency to bring bank secrecy and net neutrality to the blockchain.HyperStake: pushing the limits of staking.
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IconicExpert
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March 25, 2014, 01:37:49 PM
 #9411

How did they end up with a total negative balance in their wallet? I mean, the daemon will not send coins it doesn't have. They must have HAD that many coins -- but they're claiming they didn't. They say they only had 68k coins or something, and ended up with a massive negative balance. The client doesn't -- or obviously shouldn't -- allow that to happen. The only way it might happen that I can see would be if the coins were on a bad fork. Right? Forget about logs, all the coins coming out of that wallet should be traceable and invalidated if they were in fact sent due to a bug in the client.

You are correct and they are FOS. I normally do not get "worked up" on a forum, but I am getting tired of these "exchanges" not taking responsibility for their incompetence. It is FUNDAMENTALLY IMPOSSIBLE for people to withdraw more coins than CryptoRush had stored in their wallet(s). You can't just magically generate coins. If the coins are not in the wallet(s) YOU CAN'T GO NEGATIVE. So either CryptoRush had 1.5 million coins stored or they are not telling the truth. 

Here is what I replied to their asinine announcement: https://bitcointalk.org/index.php?topic=529779.msg5891645#msg5891645
solid12345
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March 25, 2014, 01:38:04 PM
 #9412

"Never let a good crisis go to waste"

Manipulators induce panic sell, panic buyers see opportunity, price will stabilize back.
heartastack
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March 25, 2014, 01:39:54 PM
 #9413

What an unfortunately coincidence of events.
Fundamentals of blackcoin remain unchanged. Will buy another 40k when price settles
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March 25, 2014, 01:41:35 PM
 #9414

The general resilience to this news just shows how strong this coin is, Litecoin should be VERY afraid.
Fraxinus
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March 25, 2014, 01:47:21 PM
 #9415

Yup , blackcoin going strong.

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March 25, 2014, 01:49:03 PM
 #9416

The general resilience to this news just shows how strong this coin is, Litecoin should be VERY afraid.
What to say CR add every premine scam coin...
They have to many of them.
It was matter of time when such problems will go out.

"
CryptoRush: he, what happened? Tesla coin gives me problems. Surely it cannot be because I cannot program and want to be different, must be the developers of the coin who messed up.

CryptoRush: he, what happened? Battle coin gives me problems. Surely it cannot be because I cannot program and want to be different, must be the developers of the coin who messed up.

CryptoRush: he, what happened? Zeit coin gives me problems. Surely it cannot be because I cannot program and want to be different, must be the developers of the coin who messed up.

CryptoRush: he, what happened? Black coin gives me problems. Surely it cannot be because I cannot program and want to be different, must be the developers of the coin who messed up.

See a pattern here?[/color][/size]"

Request / 26th September / 2022 APP-06-22-4587
MuffinMaster
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March 25, 2014, 01:50:40 PM
 #9417

can someone tell me what happened was offline a few hours...
Cryptorush made the same mistake as with ZEIT, blamed the dev as with ZEIT, fyrstikken went full retard and declared war on blackcoin and threatened the dev, mintpal went offline for some unrelated server problems. Multipool is back in up. Blackcoin prices are up after some panic.

I would call it tactical panic...

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March 25, 2014, 01:53:07 PM
 #9418

can someone tell me what happened was offline a few hours...
Cryptorush made the same mistake as with ZEIT, blamed the dev as with ZEIT, fyrstikken went full retard and declared war on blackcoin and threatened the dev, mintpal went offline for some unrelated server problems. Multipool is back in up. Blackcoin prices are up after some panic.

I would call it tactical panic...
I think that tactick won't stay long Cheesy... Radio did - 40% ...CR - 15% Cheesy...
Next panic -5% Huh

Request / 26th September / 2022 APP-06-22-4587
MuffinMaster
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March 25, 2014, 01:55:42 PM
 #9419

can someone tell me what happened was offline a few hours...
Cryptorush made the same mistake as with ZEIT, blamed the dev as with ZEIT, fyrstikken went full retard and declared war on blackcoin and threatened the dev, mintpal went offline for some unrelated server problems. Multipool is back in up. Blackcoin prices are up after some panic.

I would call it tactical panic...
I think that tactick won't stay long Cheesy... Radio did - 40% ...CR - 15% Cheesy...
Next panic -5% Huh

people are getting back in the market much quicker then before. The risk of getting left behind is growing as more people and more btc flow into blackcoin.

ptic-1
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March 25, 2014, 01:55:51 PM
 #9420

   and guinness  anyone  


yes yes   question is   DO I make more with blackpool   or to manually mine most or at least most of all most  profitable coin and   self      buy  BC






nother one an d a     buy another  buy  9999   never mind the price    

█ B █ T █ C █12J89RucSq2vX5m5TcC5fP3PwVUrtWHn4c█ B █ T █ C █
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