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

[MuffinMaster]

just to add, blackcoin is not in anyway tied to the success of coinkite but coinkite could be a massive catalyst if it gets mass adoption.

30 days people.

Time to get off your butts and stop whining in the forum.

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[jackfruit]

Big Things Happening

With great things happening, the Blackcoin Card, the multi-pool back up and running, the addition to Coinkite, things are looking good for Blackcoin.  However, we have to remember that in order to be utilized as a currency, we NEED merchant adoption.   Without places to spend BC, it can only grow to a certain point before it's essentially just being traded back-and-forth.

We have plenty of great people in our community willing to help out, passionate about Blackcoin.  If everyone here starts emailing merchants, chatting up store owners IRL, etc, the exposure to the merchant world is going to project BC until the position we all know it's capable of.

Let's do this BC, let's get out there and find places to spend all our hard earned Blackcoin!

Yep. It's easy too. For example, I asked the owner of these villas in Jamaica if they would accept Blackcoin and they said they would (and any other major cryptos) I'm looking forward to spending some vacation time there  when BC rises in value. They already advertised that they accepted BTC, LTC and DOGE.

http://islandvillasjamaica.com

This is kind of a chicken or egg scenario.

There are limited amount of people using Blackcoin. With around 12000 wallets containing amounts over 1 BC, there really isn't enough market to justify mass adoption, yet.

Without more places to spend it, there really is no reason to do much more then speculate. Litecoin has this issue and since its really no more interesting then bitcoin is going to be its demise.

This is why Coinkite is so powerful. Since you can use bitcoin/blackcoin/litecoin interchangeably, and since Blackcoin is the fastest by far and has almost no inflation it has the most room to grow as a currency. Blackcoin really shines once you start comparing the main features.

If you want more blackcoin adoption, getting shops to use COINKITE is the way to go. Coinkite will even pay you some of the proceeds for every shop you sign up. Since bitcoin is still numoro uno the shop can use any of the currencies without any hassle and is not committed to 1 crypto's life or death.

Less risk for the company, more adoption for blackcoin and cryptos in general.

Stop emailing shops about blackcoin and start emailing shops about coinkite. They will understand the interact-like terminal and the enterprise website. They don't have to learn the wallet right away.

Absolutely. I love their web wallets as well. Does anyone know how safe web wallets are in general and CoinKite's in particular? It would seem to me that if cryptos are going to be mainstream then something like a web wallet is necessary.

[mr_random]

There is no "quick route" for gaining worldwide mass adoption. It will take a long time.

Bitcoin was cleverly thought out in more than one way because it's designed to be something that increases in value rapidly in the initial stages which attracts adoption. Each rise in Blackcoin price will cause a wider dissemination of Blackcoin wallets around the world.

Every new person who downloads the Blackcoin wallet and puts some BC in it is a major win for us. Because that is one more new supporter we have. Just as important as attracting merchants is attracting people to own Blackcoin in the first place. If Amazon hypothetically began accepting Blackcoin tomorrow as a form of payment they would get 0.001% of customers using it. So we start small, targeting niche stores who will welcome any kind of extra custom and work from there.

[jamieb81]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

Good question, I was kinda watching that happening too, could not find out the reason for a + 400% increase it's crazy

[Subtuppel]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

Good question, I was kinda watching that happening too, could not find out the reason for a + 400% increase it's crazy

the crazy thing is that it does not even need 18 BTC for that.... for an increase of 5 Million USD (hypothetical) market cap LOL

[MuffinMaster]

Big Things Happening

With great things happening, the Blackcoin Card, the multi-pool back up and running, the addition to Coinkite, things are looking good for Blackcoin.  However, we have to remember that in order to be utilized as a currency, we NEED merchant adoption.   Without places to spend BC, it can only grow to a certain point before it's essentially just being traded back-and-forth.

We have plenty of great people in our community willing to help out, passionate about Blackcoin.  If everyone here starts emailing merchants, chatting up store owners IRL, etc, the exposure to the merchant world is going to project BC until the position we all know it's capable of.

Let's do this BC, let's get out there and find places to spend all our hard earned Blackcoin!

Yep. It's easy too. For example, I asked the owner of these villas in Jamaica if they would accept Blackcoin and they said they would (and any other major cryptos) I'm looking forward to spending some vacation time there  when BC rises in value. They already advertised that they accepted BTC, LTC and DOGE.

http://islandvillasjamaica.com

This is kind of a chicken or egg scenario.

There are limited amount of people using Blackcoin. With around 12000 wallets containing amounts over 1 BC, there really isn't enough market to justify mass adoption, yet.

Without more places to spend it, there really is no reason to do much more then speculate. Litecoin has this issue and since its really no more interesting then bitcoin is going to be its demise.

This is why Coinkite is so powerful. Since you can use bitcoin/blackcoin/litecoin interchangeably, and since Blackcoin is the fastest by far and has almost no inflation it has the most room to grow as a currency. Blackcoin really shines once you start comparing the main features.

If you want more blackcoin adoption, getting shops to use COINKITE is the way to go. Coinkite will even pay you some of the proceeds for every shop you sign up. Since bitcoin is still numoro uno the shop can use any of the currencies without any hassle and is not committed to 1 crypto's life or death.

Less risk for the company, more adoption for blackcoin and cryptos in general.

Stop emailing shops about blackcoin and start emailing shops about coinkite. They will understand the interact-like terminal and the enterprise website. They don't have to learn the wallet right away.

Absolutely. I love their web wallets as well. Does anyone know how safe web wallets are in general and CoinKite's in particular? It would seem to me that if cryptos are going to be mainstream then something like a web wallet is necessary.

Copy pasta from : https://coinkite.com/faq/about

Why is Coinkite a better wallet? What are the benefits?

    Security is our responsibility, not yours.
    Reliable support—we answer emails—go ahead and try.
    Quality. We receive less than 0.08% issue requests per day.
    Speed. You are able to send and receive your money fast.
    Privacy. You can generate new receiving addresses on demand.
    Jurisdiction. Our servers are in Canada and comply with Canadian laws and the Ontario Privacy Act.
    Know your money is here. We act as a full reserve and you can audit the location of your funds at any time.
   No limits. We have full liquidity, so all your funds are available to you 24/7.
    Your money is safe with our HSM-based security and BIPS32 HD setup.
    We have a dead man’s switch, so if anything happens to us you will still have access to all of your funds.
    Multiple accounts are supported under the same private key (e.g., checking and savings).
    We offer merchant services, a map listing, affiliate programs and other tools.
    Our hardware point-of-sale terminals operate just like debit and credit card payment terminals, and they allow you to accept Bitcoins & Litecoins(soon blackcoins!).
    We supply Bitcoin debit cards so your customers don't even need a phone, tablet or computer to use digital currencies.
    We support multiple cryptocurrencies (Bitcoin, Litecoin, Testnet and more coming).
    And we offer much more!

[jamieb81]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

Good question, I was kinda watching that happening too, could not find out the reason for a + 400% increase it's crazy

the crazy thing is that it does not even need 18 BTC for that.... for an increase of 5 Million USD (hypothetical) market cap LOL

I think someone wanted to get rid of their coins, it went +480% and now hard down to 168 and plunging

[jackfruit]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

[mr_random]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

Good question, I was kinda watching that happening too, could not find out the reason for a + 400% increase it's crazy

the crazy thing is that it does not even need 18 BTC for that.... for an increase of 5 Million USD (hypothetical) market cap LOL

Arbitrage across exchanges ensures it's much more than that if it's a true rise.

[Subtuppel]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

yeah but for what reason? you buy up everything and then? no ones selling or buying besides that one person

[jamieb81]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

yeah but for what reason? you buy up everything and then? no ones selling or buying besides that one person

that's not how it works, you buy up the wall, and then when the pumpers decide they dump all the coins on the higher bidders that were surfing up the wave

[jackfruit]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

yeah but for what reason? you buy up everything and then? no ones selling or buying besides that one person

That's how pump and dumps are done. Start the buying and hope that people looking for a quick profit start buying as well. Then you dump.

Or it could just have been someone who thought AUR was a decent medium term investment and wanted something like 10 btc of it and just went about getting that 10btc in a naive way.

Whatever the reason they've sure started some panic buying. I'm staying far away from that.

[McKie]

Pro-Tip For Merchant Adoption


There is no reason to cold call merchant adoptions, sure getting NEW merchants who have never dealt with Digital Currency is a great thing to bolster the BC community.


However


Don't cold call merchants for an attempt to get acceptance, use the long existing laundry list of merchants who ALREADY accept BTC, and get them to also accept BC!

That is the fastest way to get the ball rolling behind more and more merchant adoption; get the early adopters who are already being proactive in the space, and then get the smaller fish, the mom and pop stores, that shitty coffee shop that you like so much for some reason or the other; GET THEM to accept BC, but only after you've exhausted pre-existing adopters.


Just my 2cents.



McKie

[Subtuppel]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

yeah but for what reason? you buy up everything and then? no ones selling or buying besides that one person

that's not how it works, you buy up the wall, and then when the pumpers decide they dump all the coins on the higher bidders that were surfing up the wave

i know. but it surprsied me that they chose a coin that hasn't been traded for weeks and now pump it that quick.
Most won't even have the time to notice what's going on before they remember that they got AUR somewhere or the coin exists

anyways, enough OT methinks

[dmc82]

WTF?

[IconicExpert]

This thread needs to be mildly moderated...

[ManMachine]

everything ok buddy! c.meth dont do you good yknow!  

Edit: and hes gone!

[MuffinMaster]

Pro-Tip For Merchant Adoption


There is no reason to cold call merchant adoptions, sure getting NEW merchants who have never dealt with Digital Currency is a great thing to bolster the BC community.


However


Don't cold call merchants for an attempt to get acceptance, use the long existing laundry list of merchants who ALREADY accept BTC, and get them to also accept BC!

That is the fastest way to get the ball rolling behind more and more merchant adoption; get the early adopters who are already being proactive in the space, and then get the smaller fish, the mom and pop stores, that shitty coffee shop that you like so much for some reason or the other; GET THEM to accept BC, but only after you've exhausted pre-existing adopters.


Just my 2cents.



McKie

This is the wrong way to go about it and your vision is way to narrow.

 Merchants would only get access to an additional 12k wallets currently. which is rather lame. a Merchant that accepts bitcoin can already receive around 99% of all crypto users, if not 100% since if you have crypto you have bitcoin or can use it. Nothing new there.

We want current crypto accepting merchants to switch to BC on their own accord. Create an atmosphere of success, don't beg for it. If you want to spam them that's great but i don't see them making any more sales because of it.

This isn't just about the success of blackcoin, its about the success of crypto in general. Coinkite solves so many issues.

Why focus on the .01% of businesses that have already switched to crypto?

 FOCUS on the 99.99% that are left, Coinkite makes it easy !

They are just sitting there on a silver platter waiting to be taken. SPREAD what you know about crypto and help the adoption.

[jamieb81]

short OT: does anyone have an idea why someone is buying up all AUR on mintpal?

The volume is only 17 BTC...either someone with btc doesn't know what they're doing or a pump's under way.

yeah but for what reason? you buy up everything and then? no ones selling or buying besides that one person

that's not how it works, you buy up the wall, and then when the pumpers decide they dump all the coins on the higher bidders that were surfing up the wave

i know. but it surprsied me that they chose a coin that hasn't been traded for weeks and now pump it that quick.
Most won't even have the time to notice what's going on before they remember that they got AUR somewhere or the coin exists

anyways, enough OT methinks

can someone find the pumper so that we can put him on BC hehe

[McKie]

Pro-Tip For Merchant Adoption


There is no reason to cold call merchant adoptions, sure getting NEW merchants who have never dealt with Digital Currency is a great thing to bolster the BC community.


However


Don't cold call merchants for an attempt to get acceptance, use the long existing laundry list of merchants who ALREADY accept BTC, and get them to also accept BC!

That is the fastest way to get the ball rolling behind more and more merchant adoption; get the early adopters who are already being proactive in the space, and then get the smaller fish, the mom and pop stores, that shitty coffee shop that you like so much for some reason or the other; GET THEM to accept BC, but only after you've exhausted pre-existing adopters.


Just my 2cents.



McKie

This is the wrong way to go about it and your vision is way to narrow.

 Merchants would only get access to an additional 12k wallets currently. which is rather lame. a Merchant that accepts bitcoin can already receive around 99% of all crypto users, if not 100% since if you have crypto you have bitcoin or can use it. Nothing new there.

We want current crypto accepting merchants to switch to BC on their own accord. Create an atmosphere of success, don't beg for it. If you want to spam them that's great but i don't see them making any more sales because of it.

This isn't just about the success of blackcoin, its about the success of crypto in general. Coinkite solves so many issues.

Why focus on the .01% of businesses that have already switched to crypto?

 FOCUS on the 99.99% that are left, Coinkite makes it easy !

They are just sitting there on a silver platter waiting to be taken. SPREAD what you know about crypto and help the adoption.

My vision is not narrow -- the avenue by which BC will have to travel down to get large market adoption is LONG and narrow. The point is, to stress the added advantages of BC, over BTC -- and how in the long term we hope for BC to overtake BTC. If they were smart enough to start accepting crypto in the beginning, they are smart enough to adopt the new kid in town with a more mass-adoptable image, and lightning fast transactions speeds (compared to Bitcoin).

Why stand in the wake and shadow of Bitcoin, when we can over shroud and steal the #1 spot.

Thinking bigger is better. But, I'd rather Blackcoin be the name in the news, not Bitcoin.

We create the appropriate infrastructures, they will come.


McKie