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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2509651 times)
heartastack
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April 06, 2014, 01:19:04 PM
 #12641

the price is sooo manipulated..whales are playing here, and I think many people can get badly burnt..

When it was still at around 2000 I started seeing loads of 1.01010101 buy orders. These spammy orders would drive up price by 100 sats atleast, then noobs arrive and place buy orders above a these 1 bc fake buys, then whale re-inforces and repeat, and after a while price is 3000 and the 1.01010101 orders start again, then price is suddenly 3500, 4000...

Anyone else noticed this?


There were instances of this, but I don't see it now. Dumps get swallowed, the multipool is pouring ~80 BTC / day into the market and people are inclined to hold, no new coins mined to be dumped, given this, I think the growth is normal.

Yep I agree. I have no intention of selling portions of my stack until I make at least 4x my initial investment at around 15,000. Even then I would seriously consider holding permanently as this coin could well be worth 10x what it is now in a months time. The multipool keeps the dumpers from succeeding in drastically dropping the price and the constant buy pressure allows people to feel safe and secure keeping their holdings in BC for extended periods of time. This truly has the makings of a Litecoin killer and I can't wait for my transfer from my savings account to come through - I'm gonna buy the shit out of this thing tomorrow haha

I feel like I've 'caught' ADHD off you. Every fukin post is a dizzy 180°
heartastack
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April 06, 2014, 01:25:40 PM
 #12642

CatKiwi you became very tiring  ..every second post is yours ..yes you want lower price to get in but men get a life ..if you have something to make this better coin say ..dont just spam spam spam with your philosophu

Once more - feel free to not read my posts or better still ignore me - or even better would be to make counter arguments as to why my guestimations or any claims i make are wrong - happy to hear alternate views and will not chastise you for having your say Smiley

you start guesstimating to the crowd when your sell targets are already set. That mintcoin pump a week ago for example, it was already at 17 when you came to the bc thread and told everyone to start buying. The Bubble bursted at 21 an hour later, just enough time to profit from us fools...

Yes, that pissed me off. Should be banworthy.. or just a good old fashioned fork in the eye.
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April 06, 2014, 01:48:08 PM
 #12643

i smell a trap. just saying. won't say which way.. cuz gee i'd hate to "manipulate the masses"...

have your say! Don't let others tell you what you can and cannot say on a public forum. If they are foolish enough to bank on your opinion then so be it Smiley It's fun making predictions and seeing who gets it right in the end Tongue

ha.. well let's just say that i sold a lot the other day, and still am waiting very patiently on my next move.

if i miss the train.. oh well. this is trading, not just mining. i leave my emotions at the door.

Finally, another realist Smiley Good for you!

yea man i love BC, but I won't lose profit over the good of the coin. did that a few times as a rookie. learned quick.

to all the whiners.. keep in mind.. i'll likely buy back in. with a decent amount of btc. just uhh... not right now. so shush.

Yep - religious bagholding was something to do back in early December when everything looked amazingly positive for Crypto and every coin looked like a fantastic long term investment. It wasn't until the crash and demise of the likes of CAT, TIPS, LOT, KARM, and dozens of others (including Doge and LTC) to an extent that had great communities behind them that people began to think "hmm maybe holding the bag isn't a win-win after all, maybe I should do some trading so that as the coin drops in price I can at least maintain my value in BTC by gaining more coins." If you hold you could well end up with nothing. If you trade you could lose coins but also gain them depending on your skill and the more volatility there is the more chances for profit. We should be encouraging trading if we want BC to be a coin that in 1 years time is still kicking because the fact is when the trade volume dies so does the coin. It takes monumental failure from the other coins around it to get that volume back and that generally doesnt happen because by that time a "new and improved" coin has already popped up.

Bitcoin and Litecoin live on through the greed of us all to make money to excess from nothing.

Preach on, my friend!  I agree completely, and had the same experiences since I started mining last Thanksgiving...

Trading is essential, and there is much money to be made in the ebb and flow.

This is the first coin I've ever mined for a loss against electricity - 175 BC/day on ~3.8Mh/s at $0.17kw/h - and I am only doing it (sort of goes against all my preferences) because I think this coin is onto something.

Trading helps mitigate the (temporary) loss of profit as well...
nrg_wolf
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April 06, 2014, 01:49:00 PM
 #12644

the multipool payouts are much to be desired atm, 154 BC earnt over roughly 24 hours with 4mhs and 200ghs pointed their way.....
ski92
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April 06, 2014, 01:55:32 PM
 #12645

the multipool payouts are much to be desired atm, 154 BC earnt over roughly 24 hours with 4mhs and 200ghs pointed their way.....

BC aint cheap!
Ive put one of my rigs for hire on betarigs but pretty sure they are just covering the electricity my rigs uses by about 4p Shocked.

#Blackcoin Friday, once you go black......... Wink
chango
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April 06, 2014, 01:57:09 PM
 #12646

Facts & Assumptions

Everyone is entitled to his/her opinion and I will respect any legitimate argument. However, it seems some facts have been forgotten and/or intentionally ignored.

1.) BlackCoin is less than 2 months old.
2.) It has gained 1440% in value since launching.
3.) BlackCoin is traded on over 17 exchanges and counting.
4.) Myself and a few others are working on some groundbreaking services/products that will help increase BlackCoin value.

As I stated above everyone is entitled to their opinion, and if you feel BlackCoin doesn't have a future then respectfully you should sell, I will happily keep buying your coins. I support BlackCoin not because of emotion or naive optimism,  I support BlackCoin because of the developers, community, metrics, and it's future potential. Unfortunately many people who currently trade crypto-currrencies do not have much experience in trading, nor do they have a firm understating of crypto-currencies in general. October 1st 2013 Bitcoin was trading at $127.00, and by November 29th 2013 Bitcoin was trading at $1,109. That is a 773.23% gain, compared to BlackCoin 1440% gain.

Lets do some simple math and predictions based on history and conservative estimates. Based on March numbers lets estimate BlackCoin value will grow a steady 360% each month.

April 30: ¢0.12
May 31: $0.43
June 30: $1.54
July 31: $5.54
August 31: $19.94
September 30: $71.78
October 31: $258.40
November 30: $894.24
December 31: $3219.00

Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.

So those of us who understand how the market works and realize BlackCoin is not just another Alt Coin will be smiling all the way to the Bank by the end of the year, while people who wanted quick cash will be asking themselves "WHYYYYYYYY"?  


TLDR; To the moon ...

Edit: I think you had too much coffee, you are crazy if you really think that the growth is lineal, just think about how much was the price increase from 500 to 5000, and then it took a lot longer to touch 9500 if you think it will be easy to get to 50000 ...
heartthew
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April 06, 2014, 02:01:36 PM
 #12647

My 'estimates' for improved realism straight from my ass:

(rounded to nearest cent for ease of display)

April 30: $0.13
May 31: $0.38
June 30: $0.91
July 31: $1.74
August 31: $2.68
September 30: $3.29
October 31: $3.94
November 30: $4.74
December 31: $5.69


Arbitrary? Mostly.

Fun?

Yes.
lcmines
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April 06, 2014, 02:02:36 PM
 #12648

Yes! Please Do.

You would be my hero if you were to then add a auto-sell feature allowing me to direct the coins received from payments made via coinpayments over to be traded for BC without me having to do so manually.

Please-o-Please make that happen  Grin Grin Grin

FYI: AllCrypt HAS autosell - go to the balances page, and use the up/down arrows next to "deposit address" - you can scroll through the market pairs and generate addresses that autosell when deposited to.

So you scroll through to the BC autosell addresses - generate one - and if you deposit CrapCoin to that address - it autosells for BC.

If there are no buy orders the funds deposit to your account.



YOU ARE AWESOME! Smiley
vleroybrown
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April 06, 2014, 02:04:12 PM
 #12649

the multipool payouts are much to be desired atm, 154 BC earnt over roughly 24 hours with 4mhs and 200ghs pointed their way.....
Thanks for your numbers.. I have 4.7 Mhs ATM and am getting .012 BTC p/day at clevermining with the other machine I have that pushes 3.6 Mhs..
chango
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April 06, 2014, 02:06:28 PM
 #12650

Since everyone is doing it, I will try to speculate too

April 30: $0.05
May 31: $0.1
June 30: $0.12
July 31: $0.09
August 31: $0.2
September 30: $0.29
October 31: $0.30
November 30: $0.29
December 31: $0.25

aznballababy
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April 06, 2014, 02:09:13 PM
 #12651

Better grab some sub-8000 while you can....BC is on the move!
Soepkip
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April 06, 2014, 02:10:07 PM
 #12652

Lol, Everyone will have to make their own predictions Smiley.

Meanwhile we are working hard in the shadows to get BlackCoin out there.

The fact that we are the 3rd topic in here in number of posts and also the youngest of the top 10 coins by postcount should say something...

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IconicExpert
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April 06, 2014, 02:21:49 PM
Last edit: April 06, 2014, 02:36:59 PM by IconicExpert
 #12653

Facts & Assumptions

Everyone is entitled to his/her opinion and I will respect any legitimate argument. However, it seems some facts have been forgotten and/or intentionally ignored.

1.) BlackCoin is less than 2 months old.
2.) It has gained 1440% in value since launching.
3.) BlackCoin is traded on over 17 exchanges and counting.
4.) Myself and a few others are working on some groundbreaking services/products that will help increase BlackCoin value.

As I stated above everyone is entitled to their opinion, and if you feel BlackCoin doesn't have a future then respectfully you should sell, I will happily keep buying your coins. I support BlackCoin not because of emotion or naive optimism,  I support BlackCoin because of the developers, community, metrics, and it's future potential. Unfortunately many people who currently trade crypto-currrencies do not have much experience in trading, nor do they have a firm understating of crypto-currencies in general. October 1st 2013 Bitcoin was trading at $127.00, and by November 29th 2013 Bitcoin was trading at $1,109. That is a 773.23% gain, compared to BlackCoin 1440% gain.

Lets do some simple math and predictions based on history and conservative estimates. Based on March numbers lets estimate BlackCoin value will grow a steady 360% each month.

April 30: ¢0.12
May 31: $0.43
June 30: $1.54
July 31: $5.54
August 31: $19.94
September 30: $71.78
October 31: $258.40
November 30: $894.24
December 31: $3219.00

Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.

So those of us who understand how the market works and realize BlackCoin is not just another Alt Coin will be smiling all the way to the Bank by the end of the year, while people who wanted quick cash will be asking themselves "WHYYYYYYYY"?  


TLDR; To the moon ...

Edit: I think you had too much coffee, you are crazy if you really think that the growth is lineal, just think about how much was the price increase from 500 to 5000, and then it took a lot longer to touch 9500 if you think it will be easy to get to 50000 ...

I find it interesting and I bit disconcerting that you quote me and then write "you are crazy if you really think that the growth is lineal".

Did you read: "Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level"?

Did you read my other post : "Heh...Eventually it will level off and dip at times, and I do not believe it will reach $3219 by Demcember. But my point was simple math and predictions show BlackCoin being worth significantly more than what it is now in a few short months"?

It is obvious I do not think the growth of any financial product is linear, only a fool would. But math and history doesn't support your undervalued predictions.

You wrote: "just think about how much was the price increase from 500 to 5000, and then it took a lot longer to touch 9500"...

Yes lets think about that... From Feb to March BlackCoin increased over 1100%. I sincerely do not understand your point. It did not take BlackCoin long to go from 5000 to 9500. actually your statement backs my "wild" predictions.
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April 06, 2014, 02:32:56 PM
 #12654

Lol, Everyone will have to make their own predictions Smiley.

Meanwhile we are working hard in the shadows to get BlackCoin out there.

The fact that we are the 3rd topic in here in number of posts and also the youngest of the top 10 coins by postcount should say something...


Agreed!
chango
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April 06, 2014, 02:39:56 PM
 #12655

Facts & Assumptions

Everyone is entitled to his/her opinion and I will respect any legitimate argument. However, it seems some facts have been forgotten and/or intentionally ignored.

1.) BlackCoin is less than 2 months old.
2.) It has gained 1440% in value since launching.
3.) BlackCoin is traded on over 17 exchanges and counting.
4.) Myself and a few others are working on some groundbreaking services/products that will help increase BlackCoin value.

As I stated above everyone is entitled to their opinion, and if you feel BlackCoin doesn't have a future then respectfully you should sell, I will happily keep buying your coins. I support BlackCoin not because of emotion or naive optimism,  I support BlackCoin because of the developers, community, metrics, and it's future potential. Unfortunately many people who currently trade crypto-currrencies do not have much experience in trading, nor do they have a firm understating of crypto-currencies in general. October 1st 2013 Bitcoin was trading at $127.00, and by November 29th 2013 Bitcoin was trading at $1,109. That is a 773.23% gain, compared to BlackCoin 1440% gain.

Lets do some simple math and predictions based on history and conservative estimates. Based on March numbers lets estimate BlackCoin value will grow a steady 360% each month.

April 30: ¢0.12
May 31: $0.43
June 30: $1.54
July 31: $5.54
August 31: $19.94
September 30: $71.78
October 31: $258.40
November 30: $894.24
December 31: $3219.00

Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level.

So those of us who understand how the market works and realize BlackCoin is not just another Alt Coin will be smiling all the way to the Bank by the end of the year, while people who wanted quick cash will be asking themselves "WHYYYYYYYY"?  


TLDR; To the moon ...

Edit: I think you had too much coffee, you are crazy if you really think that the growth is lineal, just think about how much was the price increase from 500 to 5000, and then it took a lot longer to touch 9500 if you think it will be easy to get to 50000 ...

I find it interesting and I bit disconcerting that you quote me and then write "you are crazy if you really think that the growth is lineal".

Did you read: "Now obviously the growth will not remain steady at 360% each month. Some months it will be more and some month it will be far less. Some months it will remain level"?

Did you read my other post : "Heh...Eventually it will level off and dip at times, and I do not believe it will reach $3219 by Demcember. But my point was simple math and predictions show BlackCoin being worth significantly more than what it is now in a few short months"?

It is obvious I do not think the growth of any financial product is linear, only a fool would. But math and history doesn't support your undervalued predictions.


Nobody knows what will happen, I will quote you on April 30, and we can compare who was closer.

I think that the price will increase, just I don't think it will do it that fast, and I also think that bitcoin can go lower and that might slow down bc price increase.

edit: I didn't read really, it was too long, just looked at the numbers xD.
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April 06, 2014, 02:45:09 PM
 #12656

Just got payout and satisfied. 

Getting coins plus supporting price is good
heartastack
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April 06, 2014, 02:46:13 PM
 #12657

Just got payout and satisfied. 

Getting coins plus supporting price is good

Awesome Cheesy
maarx
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April 06, 2014, 02:48:51 PM
 #12658

Yes, plus the miner's page is finally working correctly ! Cheesy

After a lot of evil Chinese botnets lagging the page, it now seems to do fine. And displays the payout and the hashrate!

http://blackcoinpool.com/?miner=<address>

Cheesy

Donate to the pool devs !
BCSmiZCJ3VLD7JDY574jPjEbtQdQcJUTf4

They're working like full time to make it all work..!



























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IconicExpert
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April 06, 2014, 02:53:17 PM
 #12659

Nobody knows what will happen, I will quote you on April 30, and we can compare who was closer.

I think that the price will increase, just I don't think it will do it that fast, and I also think that bitcoin can go lower and that might slow down bc price increase.

edit: I didn't read really, it was too long, just looked at the numbers xD.

I will take you up on that. I will have no problem saying "I told you so" Smiley. If BC is trading at 0.12 or above I was right, and if it trading at 0.05 or less you are right. I would more than happy to wager 500BC donated to the Devs.

For me to be correct BlackCoin will need a gain of 262.5%, that is more than realistic. In less than 6 days this month BlackCoin has already increased 60% in value. Smiley
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April 06, 2014, 03:00:20 PM
 #12660

Nobody knows what will happen, I will quote you on April 30, and we can compare who was closer.

I think that the price will increase, just I don't think it will do it that fast, and I also think that bitcoin can go lower and that might slow down bc price increase.

edit: I didn't read really, it was too long, just looked at the numbers xD.

I will take you up on that. I will have no problem saying "I told you so" Smiley. If BC is trading at 0.12 or above I was right, and if it trading at 0.05 or less you are right. I would more than happy to wager 500BC donated to the Devs.

For me to be correct BlackCoin will need a gain of 262.5%, that is more than realistic. In less than just 6 days this month BlackCoin has increased 60% in value. Smiley

Slow and steady people.. Relax and enjoy the ride!

0.12 is a Winner...
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