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Jeezy911
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April 10, 2014, 01:31:28 AM |
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Don't feel bad I had 50k BC from mining and sold them at 2500 satoshi. At the time it was a genius play as it crashed to the 300-500 range, then the multipool entered.  Don't feel bad I sold BTC at $180. At the time it was a genius play as it crashed to $60, then BTC rose to $1200. I've been there too.  Haha well play sir, well played. |
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btcprice
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April 10, 2014, 01:32:08 AM |
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Damn it's good to be king!  |
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gonzoucab
Newbie
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Activity: 42
Merit: 0
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April 10, 2014, 01:38:59 AM |
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The fact that holders of a coin "value" it in an affectionate sense is no substitute for such an economic role. There are plenty of POS coins out there that can substitute for Blackcoin. So at the moment I'm thinking that this coin's value is based on the multipool effect and some strong promotion. I'm not saying thats bad, I'm just saying it's *it*.
I couldn't find any decent PoS substitutes for BlackCoin. Peercoin - Don't like fixed 0.01 fee. NXT - Don't like fixed 1.0 fee. Faircoin and Mintcoin - You are penalized for sending and receiving coins as your coins have to be in your wallet for 21 days before you accumulate interest. MNT - Lose 20% the first year. FAC - Lose 6% the first year. Why can't there just be a normal PoS coin? There is one right now. It's Blackcoin. Low reward POS coins suffer the same than low reward POW, are less resilient to an attack. So FairCoin and Mint have something in favour. interes also make people hold LONGER, and this is desirable. |
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virtualfaqs
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April 10, 2014, 01:46:45 AM |
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The fact that holders of a coin "value" it in an affectionate sense is no substitute for such an economic role. There are plenty of POS coins out there that can substitute for Blackcoin. So at the moment I'm thinking that this coin's value is based on the multipool effect and some strong promotion. I'm not saying thats bad, I'm just saying it's *it*.
I couldn't find any decent PoS substitutes for BlackCoin. Peercoin - Don't like fixed 0.01 fee. NXT - Don't like fixed 1.0 fee. Faircoin and Mintcoin - You are penalized for sending and receiving coins as your coins have to be in your wallet for 21 days before you accumulate interest. MNT - Lose 20% the first year. FAC - Lose 6% the first year. Why can't there just be a normal PoS coin? There is one right now. It's Blackcoin. Low reward POS coins suffer the same than low reward POW, are less resilient to an attack. So FairCoin and Mint have something in favour. interes also make people hold LONGER, and this is desirable. I don't understand your first statement. PoW/PoS hybrid less resilient to attack? About Faircoin & Mint - sure there will be holders. I, on the other hand, will be swearing everytime I move my coins to an exchange and reseting my 21 day coin age on top of losing withdrawal fees. Those coins aren't for me, but if the price gets low enough I might look into investing them.  Already sold all my MNT. Eyeing Faircoin. But doesn't that also bring up the point if you had fiat, BC, MNT, & FAC. What would you spend? BC or fiat of course The question after that is that good or bad?  |
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Jesse Livermore
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April 10, 2014, 01:47:23 AM |
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Feels like now is as good a time as ever for a volume update... Per MintPal: -6-hour chart showing a lot of chop and there are no unresolved targets left to hit; not bearish or bullish. -24-hour chart also has a lot of chop and no unresolved targets left to hit, however the increasing volume with rising price from the low-7000's to upper-8000's and then decreasing volume on very minor pullback is beautiful. Buyers are content and willing to wait. Sellers will be shitting themselves on the next up-swing. -3-day chart also has some chop with not much of an unresolved target at 8700. Overall consolidation between 8000-8700 looks likely. -1-week chart has the high-volume candle from April 4 at 9500 begging to be re-tested; again we see the bullish pattern of rising volume on the increases, falling volumes on the slight pullback...this thing is gathering up many BC holders who are willing to wait out some consolidation for bigger gains. -"max" chart had bearish volume off-the-top from March 24 after the initial peak which was on very high volume; this is attributable mainly to pump-and-dumpers as well as a lot of traders 'selling the news' ("buy the rumor, sell the news") after the blackpool beta got under way. Luckily after the dumpers got out they left cheap prices for longer-term holders/believers, hence the coin moved back up on steadily increasing volume instead of dying off in a stair-stepping fashion like we've seen many many many other cryptocoins do. Looking forward, a re-test of 8000 or even upper-7000's wouldn't surprise me in short-term, I would consider them gifts from weak hands, but clearly the buyers are coming to BC and so 9500 is the main re-test target. Also I wouldn't be surprised to see more 'buy the rumor, sell the news' mini pump-and-dump type of action leading up to this press release for "Black Wednesday". So a break above 9500 on increasing volume would be glorious to see; we'll see if Wall Street takes notice. So far, my buddies there still think BTC is the only game in town, though they have heard some things about dogecoin....so essentially BC has so so so much room for growth still it's ridiculous. Previous BC calls: https://bitcointalk.org/index.php?topic=469640.msg6089423#msg6089423https://bitcointalk.org/index.php?topic=469640.msg6072629#msg6072629https://bitcointalk.org/index.php?topic=469640.msg6071427#msg6071427JL Obviously, we hit the 9500 target, and then some. But clearly there are many traders who would rather take measly scalping profits at sub-10k, versus holding long for the serious gains. Today was definitely a 'buy the rumor' day, which means tomorrow could very well be 'sell the news' day IF the 'Black Wednesday' hype doesn't live up to the hope. FYI a BlackPool Investment vehicle is a fantastic idea but it won't happen overnight and it will require very expensive time-consuming securities lawyers...not just some fancy Photoshopping. Volume-wise, there is more bearish potential now in the short and long term than bullish; for example the high volume sell-off off the highs today is not something you want to see. On the bright side though it was a very tame pullback which can be overcome. Bulls can easily takeover from here if they want, however I'm weary of the 'sell the news' aspect we'll be facing tomorrow. In close, the most bullish aspect of today was not the price increase but rather the multipool growth, which, given enough time and consistency of size, will obviously help the coin topple even the mighty BTC someday. JL Attababy, BlackCoin! Traders' bought the rumor' Monday and Tuesday and it looks like they hardly 'sold the news' today so obviously a lot of people believe in the coin's potential and are willing to hold through some short-term consolidation. There's not too many future directional hints being given away by the volume unfortunately. Slight pullbacks and consolidation after price increases are ALWAYS a welcome thing to see. And with regards to the 100 BTC combined sell orders sitting there on Mintpal from here up to 10k...that's only $44k, also known as a decimal point to Wall Street. Yes, some of those sell orders sitting there now aren't "real" and will be pulled away if the price approaches them, however I predict we will very soon start seeing what seems to be massive buy blocks coming in from curious outsiders to test the waters. They want to see what kind of effect they have on this market which is basically the SOP on Wall Street. They will quickly swarm the coin's ask and buy up vast amounts of BC. Very quickly the "sell walls" in place now will become real trades...The owners of those sell-walls will instantly be left in the dust. So the price will jump 10k and probably get to some ridiculous number in a short period of time. At that point these traders will realize that the market for BlackCoin is NOT very liquid for what would be considered a simple, small buy on Wall Street (yes, anything under $100k is small to these guys' total portfolios). After taking the price so high, so quick they'll realize they have to go about getting BlackCoin differently which means they will consistently appear on the bid, snapping up any foolish "sell walls" that appear. Of course, I'm speculating that these guys are about to jump into BlackCoin. However I do believe that they likely won't touch BC with institutional money without first meeting the dev's. Portfolio Managers aren't stupid and do have a fiduciary responsibility to perform due diligence before touching something as speculative as a cryptocurrency before jumping in. Anyhow, if you currently have any bit of BC sitting somewhere on the ask from here to 15k, you have been warned. JL |
I own a DASH Masternode.... And you should too.
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fasbit
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April 10, 2014, 01:52:23 AM |
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 The Exchange That Will Change Everything. >> https://bitcointalk.org/index.php?topic=563990.0Anyone who would like to get some "FASBIT" shares...IPO just launched 20 min ago... I will accept BC as payment and give credit at 110% of Poloniex Sale Price... Min 1500 BC Example: Shares of FASBIT cost .0001 BTC on IPO You have 1500 BC @ .0000951 BTC = .14265 <Market Value of BC in BTC But, You get 1500 x 110% = 1650 BC @ .0000951 = .156915 BTC credit. ./fasbit |
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virtualfaqs
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April 10, 2014, 01:54:48 AM |
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Anyhow, if you currently have any bit of BC sitting somewhere on the ask from here to 15k, you have been warned.
JL
 This sure is optimistic. |
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heartthew
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April 10, 2014, 01:55:58 AM |
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The Exchange That Will Change Everything. >> https://bitcointalk.org/index.php?topic=563990.0Anyone who would like to get some "FASBIT" shares...IPO just launched 20 min ago... I will accept BC as payment and give credit at 110% of Poloniex Sale Price... Min 1500 BC Example: Shares of FASBIT cost .0001 BTC on IPO You have 1500 BC @ .0000951 BTC = .14265 <Market Value of BC in BTC But, You get 1500 x 110% = 1650 BC @ .0000951 = .156915 BTC credit. ./fasbit Haha, and you will be the first IPO exchange that doesn't magically lose all of the shares (into fiat) and disappear, then? |
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gonzoucab
Newbie
Offline
Activity: 42
Merit: 0
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April 10, 2014, 02:00:02 AM |
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The fact that holders of a coin "value" it in an affectionate sense is no substitute for such an economic role. There are plenty of POS coins out there that can substitute for Blackcoin. So at the moment I'm thinking that this coin's value is based on the multipool effect and some strong promotion. I'm not saying thats bad, I'm just saying it's *it*.
I couldn't find any decent PoS substitutes for BlackCoin. Peercoin - Don't like fixed 0.01 fee. NXT - Don't like fixed 1.0 fee. Faircoin and Mintcoin - You are penalized for sending and receiving coins as your coins have to be in your wallet for 21 days before you accumulate interest. MNT - Lose 20% the first year. FAC - Lose 6% the first year. Why can't there just be a normal PoS coin? There is one right now. It's Blackcoin. Low reward POS coins suffer the same than low reward POW, are less resilient to an attack. So FairCoin and Mint have something in favour. interes also make people hold LONGER, and this is desirable. I don't understand your first statement. PoW/PoS hybrid less resilient to attack? About Faircoin & Mint - sure there will be holders. I, on the other hand, will be swearing everytime I move my coins to an exchange and reseting my 21 day coin age on top of losing withdrawal fees. Those coins aren't for me, but if the price gets low enough I might look into investing them. Already sold all my MNT. Eyeing Faircoin. But doesn't that also bring up the point if you had fiat, BC, MNT, & FAC. What would you spend? BC or fiat of course The question after that is that good or bad? No. Low rewards pure POS coins suffer the same problem than Low rewards pure POW coins. are less resilient to an attack than higher rewards ones. Why? Think a bit and imagine how POS work for mining. When you put POS coins on an exchange that doesnt mine POS the coin, you are lowering the total security in the coin Also if theres no reward for keeping the wallet open less people are gonna be willing to keep it open. less security. is just like POW only that mining doesnt requiere hardware but coins. Less rewarded coins will be in theory less secure, less pay asociated in securing the network, less security. |
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fasbit
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April 10, 2014, 02:01:02 AM |
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The Exchange That Will Change Everything. >> https://bitcointalk.org/index.php?topic=563990.0Anyone who would like to get some "FASBIT" shares...IPO just launched 20 min ago... I will accept BC as payment and give credit at 110% of Poloniex Sale Price... Min 1500 BC Example: Shares of FASBIT cost .0001 BTC on IPO You have 1500 BC @ .0000951 BTC = .14265 <Market Value of BC in BTC But, You get 1500 x 110% = 1650 BC @ .0000951 = .156915 BTC credit. ./fasbit Haha, and you will be the first IPO exchange that doesn't magically lose all of the shares (into fiat) and disappear, then? That's right... 100% Legal & Registered. FBI has my finger prints too (Bastards). Im not going to prison for any reason... |
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Jabulon
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April 10, 2014, 02:06:55 AM |
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Oh god, more fucking good news? How much can a guy take in one day!
Yes, folks, this just in: I spent last night and most of this afternoon talking with a young entrepreneur operating a health spa and personal-care shop in Ireland. The conversation started with some Bitcoin 101, then Altcoin, then Blackcoin. By the time I was half-way through Blackcoin 101, she was pretty much in like Flynn. And then, voila, Coinkite hit and double-cinched it. I installed her first wallet via Teamviewer and sent her a welcome gift of her first crypto ever. Her products are classy, all-natural creams, lotions, potions, aromatherapeutic candles and soaps (or should I say 'soeps'), and the like. In the days ahead I will bring her into the forum for an introduction to the community. We are still working on an altcoin ramp-up approach best suited to her product-line and clientele. She gave me a heads-up that her candle-business is booming, so that may be the initial testing-ground for BC. And by the way, she happily agreed to start with Blackcoin rather than Bitcoin, although she'll be integrating Bitcoin eventually. And she had no problem envisioning that being it, BTC & BC. (Sayonara Litecoin, we don't need ya no more).
So stay tuned, think about what kind of candles your girlfriend likes, and line up to make some purchases!
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gonzoucab
Newbie
Offline
Activity: 42
Merit: 0
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April 10, 2014, 02:10:41 AM |
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Oh god, more fucking good news? How much can a guy take in one day!
Yes, folks, this just in: I spent last night and most of this afternoon talking with a young entrepreneur operating a health spa and personal-care shop in Ireland. The conversation started with some Bitcoin 101, then Altcoin, then Blackcoin. By the time I was half-way through Blackcoin 101, she was pretty much in like Flynn. And then, voila, Coinkite hit and double-cinched it. I installed her first wallet via Teamviewer and sent her a welcome gift of her first crypto ever. Her products are classy, all-natural creams, lotions, potions, aromatherapeutic candles and soaps (or should I say 'soeps'), and the like. In the days ahead I will bring her into the forum for an introduction to the community. We are still working on an altcoin ramp-up approach best suited to her product-line and clientele. She gave me a heads-up that her candle-business is booming, so that may be the initial testing-ground for BC. And by the way, she happily agreed to start with Blackcoin rather than Bitcoin, although she'll be integrating Bitcoin eventually. And she had no problem envisioning that being it, BTC & BC. (Sayonara Litecoin, we don't need ya no more).
So stay tuned, think about what kind of candles your girlfriend likes, and line up to make some purchases!
Kudos, thats the way of increasing the value of the coin. |
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CryptoSteam
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April 10, 2014, 02:40:38 AM |
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Price is inconsequential, lower price means more BC for miners when the price does rise.
Focus on building infrastructure and building projects that contribute to the community.
My BC centric crypto exchange exchange is almost ready for open beta.
Make it rain! |
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CryptoSteam
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April 10, 2014, 02:42:35 AM |
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Damn it's good to be king! BlackCoin is the King! |
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johnngbluntzky
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April 10, 2014, 02:45:59 AM |
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jabulon that's some pretty damn good footwork. cheers.
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Urban Dressing
Newbie
Offline
Activity: 31
Merit: 0
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April 10, 2014, 03:00:51 AM |
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Congratulations on getting added to CoinKite!
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johnngbluntzky
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April 10, 2014, 03:09:24 AM |
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I have this domain name cryptosteam.com and would like to use it for BlackCoin.
I originally used it for cryptocurrency news, however I see that BlackCoin will be King.
So it currently only has the CryptoSteam logo and needs community involvement.
If you have any ideas, please reply to this thread or PM me.
It'd be great to have a group of programmers and marketers to come up with something for CryptoSteam.com- perhaps something like an eBay like site for BlackCoins.
Any suggestions would be welcomed!
Edit: You can have ownership of the domain name if it takes off. I just need ideas and a group of people to dedicate to the future of BlackCoin.
Edit #2: Just PM me and we'll decide the percentage of ownership.
this just keeps gettin better. |
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Ximp
Sr. Member
Offline
Activity: 336
Merit: 250
CS Student - BC Logo Guy
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April 10, 2014, 03:10:00 AM |
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I have this domain name cryptosteam.com and would like to use it for BlackCoin.
I originally used it for cryptocurrency news, however I see that BlackCoin will be King.
So it currently only has the CryptoSteam logo and needs community involvement.
If you have any ideas, please reply to this thread or PM me.
It'd be great to have a group of programmers and marketers to come up with something for CryptoSteam.com- perhaps something like an eBay like site for BlackCoins.
Any suggestions would be welcomed!
Edit: You can have ownership of the domain name if it takes off. I just need ideas and a group of people to dedicate to the future of BlackCoin.
Edit #2: Just PM me and we'll decide the percentage of ownership.
PM'd you  |
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