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

[moderndezigns]

Price is droping because many smaller  whales  widrow BTC from alt coin to drop them for flat feering off bitcoin price drop more ..but for me selling bitcoin this low is crazy..i would rather wait

How come that isn't happening with Mintcoin?

dont know but i dont see they have big volume

If you're paying attention the volume on blackcoin is dropping with the price. The volume on mintcoin has actually been increasing

[germsite]

I think the key is for us to compare it with Bitcoin so people can understand it. I would like us to mention:

- Must faster transaction speeds compared to Bitcoin. This is more convenient in general but also makes it more practical for point of sale transactions
- Pure proof of stake compared to Bitcoin's proof of work. This makes blackcoin less wasteful of energy (a good figure to quote would be $17 million bitcoin miners use in electricity every day -  google for the exact figure)
- Much cheaper in price and market capitalisaion compared with Bitcoin. This means investors and speculators have a much larger potential upside with huge growth possibilities.

Since we want this to coincide with the Cryptocurrency Convention in NYC I think this will be a fruitful approach since a lot of people will already be familiar with Bitcoin so it we highlight Bitcoin's weakness and compare them to Blackcoin's strengths it will have a greater impact.

I don't mine, so am not familiar with energy use costings etc. I'm therefore just responding with what is more of a query than anything else.

Is there any way of calculating the amount / cost of energy used by the BC multipool(s), even approximately ?

I ask, because if we are going to release something for the press ( great idea ), stating, among other things, that BC is more energy efficient, then hadn't we better consider how energy efficient the whole ecosystem that is developing around it is ?

I know that POS makes the coin by itself more energy efficient, but, it wouldn't take even a lazy-assed journo much time to see how much discussion and emphasis is given over to the multipools, link the two, and, if the energy use of the pools takes us up to a level close to that generated by miners working for BTC, it'd be a simple enough step to label BC hypocrytical, etc 

We don't want to be setting ourselves up for that kind of backlash with our first PR effort.

[baka]

Looks like rats are fleeing the sinking black ship. Even AUR is seeing a rise and it got forked and bcx threw a time warp atack on it.

[regnevacs]

noohh.. its going down.. time to buy i bought all already @ higher price? praying to go up.

[baka]

noohh.. its going down.. time to buy i bought all already @ higher price? praying to go up.

I bought at 5100, see you at 3000.

[CatKiwi]

You complete and utter fools! Dumping the coin like this does nothing but cement a loss for you. Those with brains are holding as they have seen this happen before and subsequent pump. Don't buy into a coin if you haven't the mettle to hold on to them long enough to turn a profit - waste of everyone's time and resources.

[baka]

You complete and utter fools! Dumping the coin like this does nothing but cement a loss for you. Those with brains are holding as they have seen this happen before and subsequent pump. Don't buy into a coin if you haven't the mettle to hold on to them long enough to turn a profit - waste of everyone's time and resources.

Yes I too saw it drop from 7200 to 6700 then to 6300 then to 5500 then to 5100 and now 4100. it's gonna go up for a minute stabilize then drop again.

[regnevacs]

retards scares off by those big sell wall on Mintpal.. they stack up then waiting for the retards to dump.. i wish i have lots of BTC to eat those sell wall.

[ol92]

Looks like rats are fleeing the sinking black ship. Even AUR is seeing a rise and it got forked and bcx threw a time warp atack on it.

The ship is not sinking : every altcoins  go through high and low prices.
The difference here : blackcoin community used to believe there will no low due to its POS nature.
Indeed, I believe its POS nature will make the low not so low... before next high.

[dzonikg28]

Tanking, see you at 2000 should have invest in MINT not BC. I will buy at 2000 until that time this coin can and will tank to 2000.

You never bought any BC. Just saw your posts. Just spamming every thread with mint.

[omahapoker]

I think maybe your guys should switch to MINT.


thats if you want to make money

week ago mint was 40..now is 20..

thats means you should have sold at 40 then buy double when it hits 20

[germsite]

Sheesh ... it's at times like this when you really feel the difference in confirmation times between BTC and BC ... funds stuck in 'pending'

[nlrobbie]

Tanking, see you at 2000 should have invest in MINT not BC. I will buy at 2000 until that time this coin can and will tank to 2000.

you never bought any BC..just saw your posts..just spaming every thread with mint

Nope, never bought not true. Spamming every thread with mint not true. Got 1700 of this coin. Sorry that i prefer Mint more then BC.
First check the facts before you start shouting moron

[regnevacs]

1700 coins.. you call that an investment? sorry for feeding the troll.

[Jherek]

I think maybe your guys should switch to MINT.


thats if you want to make money

week ago mint was 40..now is 20..

thats means you should have sold at 40 then buy double when it hits 20

You know what's the lowest form of shilling? Spamming other threads with your shitcoin. GTFO

[CatKiwi]

I think maybe your guys should switch to MINT.


thats if you want to make money

week ago mint was 40..now is 20..

thats means you should have sold at 40 then buy double when it hits 20

It was 13 48 hours ago before the pump, 16 during the pre-pump buy up, then 21 and stable 20. The volume will gradually dry up as the lemmings buying at 20 realize they have been played. The sell walls will build back up, they will get upset and start bringing out the Mintcoin Pact where people withdraw their coins to their wallets for X days. They who sold their MINT will then get back into Black while it is low, the sell walls are such that it will not take long before we are back at 6000 and then 7000 as the curve trends upward more and more. Mint will then fall back to 16 and hold that position with around 10-15 BTC of volume per 24 hours, mostly people trying to make a quick 6% but because they volume is so low and the walls so thick they will end up stuck in the order queue for days until eventually giving up and buying back into Black at 7000. That is when we rise back to 8000.

[virtualfaqs]

I think maybe your guys should switch to MINT.


thats if you want to make money

week ago mint was 40..now is 20..

thats means you should have sold at 40 then buy double when it hits 20

It was 13 48 hours ago before the pump, 16 during the pre-pump buy up, then 21 and stable 20. The volume will gradually dry up as the lemmings buying at 20 realize they have been played. The sell walls will build back up, they will get upset and start bringing out the Mintcoin Pact where people withdraw their coins to their wallets for X days. They who sold their MINT will then get back into Black while it is low, the sell walls are such that it will not take long before we are back at 6000 and then 7000 as the curve trends upward more and more. Mint will then fall back to 16 and hold that position with around 10-15 BTC of volume per 24 hours, mostly people trying to make a quick 6% but because they volume is so low and the walls so thick they will end up stuck in the order queue for days until eventually giving up and buying back into Black at 7000. That is when we rise back to 8000.

I see you've been spending some time on the Mintcoin forum. haha 

[virtualfaqs]

http://maarx.nl/maarx.nl/blackcoin/distribution/
Only 6 people in the top 1000 has sold more than 18% of their stash. (unless this chart is wrong.)

[dzonikg28]

1700 coins.. you call that an investment? sorry for feeding the troll.

when did i type investment? Jesus small minded black coin idiots.. Cant you think further then your small little penis? Im doing this for fun investing is what you do with real money not with stupid coins what is based on nothing then thin air

I think you should be banned. Little kid playing with his 1.5 ltc "invested" in mint and spamming all threads with it.

[freshmeat]

little kid playing with his 1.5 ltc that "invested"

LOL , sorry it was funny