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

[KingSchultz]

Time for us to start bugging mintpal about trading pairs for BC, in fact we as a community have made them so much money we should almost expect them to do so for us. They are making a ton of $$$ on this coin.

I agree that we should keep on this. And not just Mintpal, other exchanges too.

Here's something we should be spreading around. It's a great reason for all exchanges to eventually add BC pairs from user bigbtcconsulting on the subreddit (formatted as an email he sent):

Dear Support,

THIS COIN IS AN ARBITRAGE TRADERS DREAM!!! I frequently trade on Mintpal, Cryptsty, BTC-E, BTER, Poloniex, and Bittrex day trading by taking advantage of the disparity in alt coin pricing on each exchange. I can tell you first hand that this is currently a nightmare with both Bitcoin and Litecoin and generally the most stressful 20-40 minutes ever trying to get BTC from a wallet onto an exchange or from one exchange to the another to attempt to capitalize on the opportunity. Often times due to the confirmation times delaying the availability of my BTC I miss out on a lot of trade opportunities that I otherwise would have taken and find myself only making 1 big trade for fear of missing out on the price and losing my current buying power.

Recently I have been getting into Blackcoin instead of BTC and have realized how advantageous it is as a trader in utilizing arbitrage opportunities between markets thanks to the super fast 10 second confirm times. in the trading world speed = $, and a lot of it. Read Michael Lewis' newest book Flash Boys if you don't believe me.

By offering alt trading pairs with Blackcoin you allow for much more trade volume due to the nature of its confirmation speed and how quickly it is being adopted by traders. faster confirmation times equates to more possible trading opportunities for traders which results in more trades and commission for your site.

Please I strongly urge you to start offering alt/Blackcoin parings on your exchange beginning immediately.

http://www.reddit.com/r/blackcoin/comments/23boif/using_bc_as_a_transference_medium_for_exchange/

The speed is a huge advantage for a lot of things, but because it's so good for arbitrage it should help Blackcoin's volume and give it a leg up over any other coin for its own trading pairs.

Definitely something you should mention in your emails to Mintpal.

[ljp7839008]

You would seem more credible if you also made predictions on the upward trends. Your veiled attempts to try and seem as if you are providing "unbiased market analysis" is fooling no one here.

[mr_random]

On this whole Graycoin thing. Just saw that someone is apparently making a Greycoin... This should be interesting...

Is there any point in making a Pre-ANN? I envision someone else stealing the name before May 20 or how does that work exactly? Can you reserve names? In hindsight, someone should have made a really crappy altcoin and called it Whitecoin.

Every where you can get free money will be such "actions".
There is about 10 BC clones with different parameters.
BC is still young and starting anyway fair for all.
Those copies hurts each other but BC too but anyway in point of view on crypto start there BC anyway
BC is sun for them ^^...
Doge,Aurora,LTCnNXT all have clones this more than predictable.


But in long run clones usually go down.Most of Top coins aren't premined (mayby 3 was becouse of their system) and have something unique.

#   Name   Market Cap   Price   Available Supply   Volume (24h)   % Change (24h)   Market Cap Graph (7d)
1    Bitcoin   - 1st big crypto
2    Litecoin   - 1st scrypt BTC clone(should be ASIC proof)
3    Peercoin   - 1st POW/POS
4    Ripple   - 100% premined and bought for real BTC
5    Dogecoin    - 1st real community coin, little miracle new people get into crypto train
6    Nxt            - 1st full POS / java code
7    Mastercoin - 1st 100% premined builed on BTC protocool
8    Namecoin    - 1st alternative p2p dns-name system
9    BlackCoin -   1st POS after POW part (rat4 wanted prove POS security,First POS oriented multipool, more is coming...)
10    BitShares-PTS - shares in bitshare project ( i don't knwo much about it)
 
Anyway to be on top u need to make something different than just copy idea and count that will make you next lvl BTC.
Copy coins are forgotten all the time. When we have 1 new coin everyday that will happened only strong unique will survive the storm.
All want eat some BTC cake ^^ and hit that next BIG coin.

Yup.

It's always the same pattern. New coin comes along with some "twist" eg Meme like Doge, new codebase like NXT, 100% proof of stake like Blackcoin, and then you get a flood of clones that try and copy and they all fail to have the same success. But the people who aren't familiar with how the markets work buy into them and then lose 50% of their investment and end up as bagholders.

[dzimbeck]

Time for us to start bugging mintpal about trading pairs for BC, in fact we as a community have made them so much money we should almost expect them to do so for us. They are making a ton of $$$ on this coin.

I agree that we should keep on this. And not just Mintpal, other exchanges too.

Here's something we should be spreading around. It's a great reason for all exchanges to eventually add BC pairs from user bigbtcconsulting on the subreddit (formatted as an email he sent):

Dear Support,

THIS COIN IS AN ARBITRAGE TRADERS DREAM!!! I frequently trade on Mintpal, Cryptsty, BTC-E, BTER, Poloniex, and Bittrex day trading by taking advantage of the disparity in alt coin pricing on each exchange. I can tell you first hand that this is currently a nightmare with both Bitcoin and Litecoin and generally the most stressful 20-40 minutes ever trying to get BTC from a wallet onto an exchange or from one exchange to the another to attempt to capitalize on the opportunity. Often times due to the confirmation times delaying the availability of my BTC I miss out on a lot of trade opportunities that I otherwise would have taken and find myself only making 1 big trade for fear of missing out on the price and losing my current buying power.

Recently I have been getting into Blackcoin instead of BTC and have realized how advantageous it is as a trader in utilizing arbitrage opportunities between markets thanks to the super fast 10 second confirm times. in the trading world speed = $, and a lot of it. Read Michael Lewis' newest book Flash Boys if you don't believe me.

By offering alt trading pairs with Blackcoin you allow for much more trade volume due to the nature of its confirmation speed and how quickly it is being adopted by traders. faster confirmation times equates to more possible trading opportunities for traders which results in more trades and commission for your site.

Please I strongly urge you to start offering alt/Blackcoin parings on your exchange beginning immediately.

http://www.reddit.com/r/blackcoin/comments/23boif/using_bc_as_a_transference_medium_for_exchange/

The speed is a huge advantage for a lot of things, but because it's so good for arbitrage it should help Blackcoin's volume and give it a leg up over any other coin for its own trading pairs.

Definitely something you should mention in your emails to Mintpal.

THIS is brilliant!! If exchanges can read this they will automatically add BC for arbitrage VOLUME!!!! This is great. Community start email support teams for exchanges and get them to add BC! Hurry before the competing clone bullshit coins try this.

[virtualfaqs]

On this whole Graycoin thing. Just saw that someone is apparently making a Greycoin... This should be interesting...

Is there any point in making a Pre-ANN? I envision someone else stealing the name before May 20 or how does that work exactly? Can you reserve names? In hindsight, someone should have made a really crappy altcoin and called it Whitecoin.

Every where you can get free money will be such "actions".
There is about 10 BC clones with different parameters.
BC is still young and starting anyway fair for all.
Those copies hurts each other but BC too but anyway in point of view on crypto start there BC anyway
BC is sun for them ^^...
Doge,Aurora,LTCnNXT all have clones this more than predictable.


But in long run clones usually go down.Most of Top coins aren't premined (mayby 3 was becouse of their system) and have something unique.

#   Name   Market Cap   Price   Available Supply   Volume (24h)   % Change (24h)   Market Cap Graph (7d)
1    Bitcoin   - 1st big crypto
2    Litecoin   - 1st scrypt BTC clone(should be ASIC proof)
3    Peercoin   - 1st POW/POS
4    Ripple   - 100% premined and bought for real BTC
5    Dogecoin    - 1st real community coin, little miracle new people get into crypto train
6    Nxt            - 1st full POS / java code
7    Mastercoin - 1st 100% premined builed on BTC protocool
8    Namecoin    - 1st alternative p2p dns-name system
9    BlackCoin -   1st POS after POW part (rat4 wanted prove POS security,First POS oriented multipool, more is coming...)
10    BitShares-PTS - shares in bitshare project ( i don't knwo much about it)
 
Anyway to be on top u need to make something different than just copy idea and count that will make you next lvl BTC.
Copy coins are forgotten all the time. When we have 1 new coin everyday that will happened only strong unique will survive the storm.
All want eat some BTC cake ^^ and hit that next BIG coin.

I don't think any new PoW coin will make it. BTC and Dogecoin (But might not be in Top 10) will still be around. Ripple just because. Multipools are going to make PoW coins decline. NXT will stay because of all the cool features. BC will stay because it's simple. Whitecoin will be in top 20 somewhere. Namecoin stays. Litecoin and Peercoin will be fazed out. Mastercoin probably since people paid BTC for it. I think? Don't remember.

[XbladeX]

And now new BC clone Blue comes out ofcourse 3% premine for expensive Champagne.
RGB have so many colors... whey will flood market^^.
I try to be optimistic all BC clones brings people to BC at the end we just need to hard working not just copy ideas.

[dzimbeck]

Who is the moron with the 45 bitcoin wall? Does he realize hes devaluing his own coins just to pick up a few BC? The community is patient for an eventual price swell but its moves like these that discourage new miners. Price increases will make new miners want to join and thus make adoption happen even sooner. Lets try to get more miners to punish them for this kind of thing. Day-trading this coin only slows that process.

[NoUseForACoin]

Who is the moron with the 45 bitcoin wall? Does he realize hes devaluing his own coins just to pick up a few BC? The community is patient for an eventual price swell but its moves like these that discourage new miners. Price increases will make new miners want to join and thus make adoption happen even sooner. Lets try to get more miners to punish them for this kind of thing. Day-trading this coin only slows that process.

yup that idiot pisses me off as well..... again we should all mine for the blackshield...accumulate in stead of direct payout (6btc a day doesn't do a lot) so BS can buy these sells at once and distribute among the miners...... whale-shares.....   

[buy-black]

Who is the moron with the 45 bitcoin wall? Does he realize hes devaluing his own coins just to pick up a few BC? The community is patient for an eventual price swell but its moves like these that discourage new miners. Price increases will make new miners want to join and thus make adoption happen even sooner. Lets try to get more miners to punish them for this kind of thing. Day-trading this coin only slows that process.

yup that idiot pisses me off as well..... again we should all mine for the blackshield...accumulate in stead of direct payout (6btc a day doesn't do a lot) so BS can buy these sells at once and distribute among the miners...... whale-shares.....   

That guy is trying to push the price until "Technical" indicators fail and a new "Technical Sell off"  begins..  I assume he wants to set up BC for another round of volatility which could benefit him or others.  We will see..

[BlkdOut]

Who is the moron with the 45 bitcoin wall? Does he realize hes devaluing his own coins just to pick up a few BC? The community is patient for an eventual price swell but its moves like these that discourage new miners. Price increases will make new miners want to join and thus make adoption happen even sooner. Lets try to get more miners to punish them for this kind of thing. Day-trading this coin only slows that process.

yup that idiot pisses me off as well..... again we should all mine for the blackshield...accumulate in stead of direct payout (6btc a day doesn't do a lot) so BS can buy these sells at once and distribute among the miners...... whale-shares.....   

Why not just use it as an opportunity to get cheaper coins like everyone else does? People who complain tend to have all of their eggs in one basket, if you are diversified it becomes an opportunity when there is a forced devaluation by a large player.

[Degolep]

If everyone will wait for cheaper coins then nobody will buy. And I hope his wall gets eaten soon, hes making more damage to himself that he can probably knows.

[troiste]

Let me tell you why price is not going up:

Some whale is eating all buy orders above 18 cents, once this whale is gone, expect the moon.

[jamieb81]

And now new BC clone Blue comes out ofcourse 3% premine for expensive Champagne.
RGB have so many colors... whey will flood market^^.
I try to be optimistic all BC clones brings people to BC at the end we just need to hard working not just copy ideas.

I wanted to make Rainbowcoin but it's already taken lol

[NoUseForACoin]

I agree it is an opportunity (I have a lot of baskets... this just happens to be my biggest basket, because I believe in this coin)... but if the whale uses this sell wall to get more coins for himself he keeps control over the market... I don't mind fluctuations, but dumps like last tuesday causes BC investors a lot of stress.... This cannot happen if the coins are more evenly distributed and not one person has 100's of BTC worth of BC to dump in minutes.....

[buy-black]

Let me tell you why price is not going up:

Some whale is eating all buy orders above 18 cents, once this whale is gone, expect the moon.

Psychological games to make the weak sell.. and have Technical indicators fail.. now we have more tools and more volatility too.

[jamieb81]

It's only when you need bitcoin to top up your Mintpal account that you realise how good and fast BC is.;

30 minutes and still 0 confirmations out of 3 for my btc

[warr1979]

Let me tell you why price is not going up:

Some whale is eating all buy orders above 18 cents, once this whale is gone, expect the moon.

NO MOON!! let other coins talk about the moon!! Be different it's about to be a BLACK OUT!! It's All Black Everything!!

[IconicExpert]

Who is the moron with the 45 bitcoin wall? Does he realize hes devaluing his own coins just to pick up a few BC? The community is patient for an eventual price swell but its moves like these that discourage new miners. Price increases will make new miners want to join and thus make adoption happen even sooner. Lets try to get more miners to punish them for this kind of thing. Day-trading this coin only slows that process.

It is most likely multiple people. If two or more people place the same sell order, Mintpal combines them together. So if I have a sell order for 10BTC @ 40000 and you have a sell order for 10BTC @ 40000 it will be displayed as 20BTC @ 40000.

[JamesR1]

That definitely happens.

[MuffinMaster]

Market in the wait and see phase. It appears people seem very content to hang onto their coins at this level.