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

[securedform]

our next target should keep price stable

[IconicExpert]

Why is everyone surprised by this round of sell offs? I told everyone days ago after we get above 40k there will be another round of sell offs by people who purchased above 40k last week. These sell offs will keep happening all the way up to $1.00. However, each sell off will be less and less severe as we get higher. We will not go below 40k during this sell off, 40k is the new floor.

[dzonikg28]

Someone just scruwed the wales so badly..they were lowering their 50 BTC+ sell walls to lower the price and then BUM some buy from 43k to 53 in second ..there was 150 BTC+ sell orders in that range

[shai_]

just a questions about POS
who is getting tx fees ? the node relaying the transaction ?
and... why the fee are so low ?

btw stop showing off its energy efficient
it would be without ur multipool

[lonely@thetop]

just a questions about POS
who is getting tx fees ? the node relaying the transaction ?
and... why the fee are so low ?

btw stop showing off its energy efficient
it would be without ur multipool

The coin itself is energy efficient, multipool is not part of the coin network so what's your point?

[MansurS]

Someone just scruwed the wales so badly..they were lowering their 50 BTC+ sell walls to lower the price and then BUM some buy from 43k to 53 in second ..there was 150 BTC+ sell orders in that range

Yeah the battle has been fought. Now we have one huge whale lol

[shai_]

you are right.. its not part of the coin. just another way to buy it i guess
sorry, not trolling here

more important for me to know is the tx fee question

[lonely@thetop]

Someone just scruwed the wales so badly..they were lowering their 50 BTC+ sell walls to lower the price and then BUM some buy from 43k to 53 in second ..there was 150 BTC+ sell orders in that range

Yeah the battle has been fought. Now we have one huge whale lol

I now understand the phrase "money never sleeps"

[IconicExpert]

Professional Analysis - Unexpected Good News (RE-POST)


I posted this a few days ago and I think I needed to re-post again because it explains the periodic sell offs we keep experiencing

As I have stated before there are many things going on behind the scenes, and this morning I would like to share some promising news with the community. Just before the sell off I hired a professional analyst a friend recommended to take a look at BlackCoin and give me his professional assessment of the financial product. As an investor and businessman I need to be armed with facts and reasonable predictions moving forward into the weeks and months ahead. I am decent with numbers and reading charts, but I believe one should always enlist the help of professionals who are the best at what they do. As an analyst his job is to take emotion out of the equation and stick to the numbers and facts. This morning I received a report with unexpected news that made me immediately purchase more BlackCoins.

First an explanation on what happened within the past week.

1. Some assumed the sudden growth and the sudden sell off of BlackCoin was an orchestrated pump and dump, that was not the case. BlackCoin price explosion was the direct result of people taking notice with all the news coming out over a 5 day period. BlackCoin moving up in the charts quickly garnered the attention of investors looking to ride the wave of the next "hot" coin.

2. When we started trading above 80,000 sat there were many holders who had coins from 5000 sat and under, and for them suddenly having tens of thousands of dollars was to much to hold, so they started selling off. Do not forget there were people with over 100,000 coins and many of these people are students and/or come from poor countries. Also, many of these people are facing hard times and instantly having that much money was too much to hold onto.

3. The sell off caused a chain reaction and people in this forum and other forums thought it was an orchestrated pump and dump and started selling off quickly. The "panic" resulted in a massive sell off because of misinformation.

4. When the sell off subsided we established a floor around 14000 sat because that is where most of the new investors began investing in BlackCoin.

5. If the sell off did not happen we would be trading well above $0.60 cents or more.

What to expect next?

1. The wall set around 40000 sat is not one person, it is multiple people looking to exit. It is the level where investors who got in around 14000k want to exit, and investors who jumped on board around 40000k want to recover their losses. We will see resistance around 40000 sat for awhile until the damn breaks again.

2. We will not see another sell off that massive until we are close to $1.00 and that is when more people will be faced with lots of money and will have no choice to give in to temptation and sell.

3. Around $1.00 is where we will lose the remainder of the "weak" hands, and the "strong" hands will begin to take over and hold strong

So why did I buy more BlackCoins?

1. The sell off did not drive us below our starting point of 7100, and to be trading more than double than the starting point after a massive sell off is almost unheard of in stocks or any other financial product. And to recover in less than 48 hours is nothing less than unprecedented.

2. If the fundamentals remain the same without change, and we continue to grow at our current rate, we will be trading higher than $100 within 12 months. Past results do not predict future results. However, in BlackCoin's case proof of stake gives a constant we can use to make reasonable predictions. Unlike with Bitcoin we do not have to estimate how many coins will be mined and dumped onto the market.
a) We are adding approximately 700 - 1000 new people each week which will eventually spread the current supply thin.
b) With each sell off there will be more new holders added each holding less coins than the previous holders.
c) Supply will become significantly  less as we get closer to $1.00 but demand will increase as well which will cause the price to explode.

3. BlackCoin will grow quicker in price than Bitcoin because there are no new coins being mined to dilute the value. The coins being generated from staking is not enough to dilute the value of the coin

I just explained everything in layman's terms so everyone can understand. This is not an attempt to pump the value, I wanted everyone to be armed with the info I have. I am more bullish on BlackCoin than I was before and I will continue holding until we are #1.

[KSGuy]

just a questions about POS
who is getting tx fees ? the node relaying the transaction ?
and... why the fee are so low ?

btw stop showing off its energy efficient
it would be without ur multipool

The coin itself is energy efficient, multipool is not part of the coin network so what's your point?

It's not really that efficient.

It was going to take me almost 200 days to start to earn my 1%

That's a lifetime in the cryptoworld.

On the other hand, coins like MINT and ZEIT will start earning interest in one month no matter how many coins you have.

[ssrcsolutions]

https://www.booster.com/blackcoinofficial

Official Slogan Endorsed T-Shirt Added! Ladies, Hoodies, Longsleeves & More to Come!!!!!

[BlazinBeaches]

how do you guys know this isn't a bull trap?

[dzonikg28]

Someone just scruwed the wales so badly..they were lowering their 50 BTC+ sell walls to lower the price and then BUM some buy from 43k to 53 in second ..there was 150 BTC+ sell orders in that range

Yeah the battle has been fought. Now we have one huge whale lol

yes but that whail bougth  in 40s and 50s..he for shure want dump lower ..i hope he taked lot of coins from that anoying group who were organising dumps to buy lower

[lonely@thetop]

just a questions about POS
who is getting tx fees ? the node relaying the transaction ?
and... why the fee are so low ?

btw stop showing off its energy efficient
it would be without ur multipool

The coin itself is energy efficient, multipool is not part of the coin network so what's your point?

It's not really that efficient.

It was going to take me almost 200 days to start to earn my 1%

That's a lifetime in the cryptoworld.

On the other hand, coins like MINT and ZEIT will start earning interest in one month no matter how many coins you have.

It's efficient because network security is not related to hash solving, earning coins is not related to efficiency and it is not part of securing the network.

[securedform]

hello friendz how are you

[Coinler]

just a questions about POS
who is getting tx fees ? the node relaying the transaction ?
and... why the fee are so low ?

btw stop showing off its energy efficient
it would be without ur multipool

The coin itself is energy efficient, multipool is not part of the coin network so what's your point?

It's not really that efficient.

It was going to take me almost 200 days to start to earn my 1%

That's a lifetime in the cryptoworld.

On the other hand, coins like MINT and ZEIT will start earning interest in one month no matter how many coins you have.

and the dumps that will follow each month im sure u will enjoy.

[jakecrow]

The market manipulation is strong today. Someone out there is going to make enough to buy that plane with BC.

[JamesR1]

Hello Black Coin Community.I am a good supporter of Blackcoin.But i was get scammed by Blackcoin dice site(xtremedice).Xtremedice run with my total worth of blackcoin.We are on the initial steps of building a successfull community but there are some scammers who want to destroy the repute of this community.I joined xtremedice site because of the community as it is on first post of our thread.I lost 5754.I know it is not too much but believe me it is the total worth of my black coin that i have lost.I contact the xtremedice for refunding my money but one week have passed they are not replying me and also they have put site on maintenance.i am requesting the community please help me to recover my total worth because i donot have any single penny to invest in black coin.Very bad luck for me.Here are the proofs to tell you i am right.I deposit Money on xtremedice from mintpal here is the screen shot


Please confirm this address in my xtremedice account


now see I donot lost coins in the bet i am showing this to you also please see screenshot


From one week no response from xtremedice.Please help me to recover my 5754 black coin i am part of this great community.I am not a big investor but lost all that i totally have .Your help will be appreciated.My black coin address is in my signature please help me

bc community please help

I am requesting BC Community Please Read and help me

We obviously need a way of dealing with things like this. Obviously if they are guilty of wrongdoing they would have to be removed from official sites and links etc.

[que91]

back to 51k, but for how long ?

[Mk2vr6]

Nice little 83BTC wall put in at 50k just as we passed it. Although now dropped to 16BTC.

There it was - gone!