When/if will BlackCoin crash?

[doge94]

BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators.

Discuss.

[Teka]

The price incearse is due to CoinKite accepting and Moolah accepting it on every service they provide starting tomorrow

[cozk]

Way too many coins and unknown variables to make any guess.

Personally i invest all my ''invest'' BTC in 4-5 old or solid coins. Like FTC / Doge / LTC / BTC

Too many overpriced shitcoins as of now.

I do not trust X11 or price hyped coins like AUR / BC

[Djinou94]

Doge solid?

You have the next LTC guys what would u like to do now?

Take the BC train or cry later then cry again later

[Rofo]

'Be greedy when others are fearful and fearful when others are greedy.'

A very rich, smart man said that. The type of guy many people here are 'wannabes' of.

[Hollowman338]

Yeah I wouldn't touch this mother fucker with even your coins now 

[Armis]

hahahahahaaaaa,  I bought into Blackcoin and Darkcoin only minuses a part from one another on April 11, BC was too quiet for me, so sold my couple of coins for a tiny profit and focused my energy on what appeared to be a better bet (BRK).  BRK did well, but BC is doing fantastic. 

I sold my BC at 0.00009700 on April 11 -- yeah that hurts

[KingSchultz]

10s transactions, no mining, TINY percentage of market cap to maintain its price every day in comparison to Bitcoin and almost every alt. And ridiculous momentum. We'll see what happens, but IMO this could be big. Not will, but could. No guarantees in crypto-land.

What does Litecoin really offer over Bitcoin? Why does it need to exist? At least Blackcoin has an answer.

[StuartGT]

BlackCoin does not have services to prop up its price. Price seems to be propped up by multipools and speculators.

Here are some links (updated again) for anyone just joining us: Please PM me if you want me to add another  

Official Website - http://www.blackcoin.co
Official Multipool - http://blackcoinpool.com
Official BlackCoin Store - http://blackcoinstore.com
Official BlackCoin Forum - http://blackcointalk.com

How to use your Blackcoin Wallet & Staking - http://www.techfleece.com/2014/04/10/a-step-by-step-guide-to-using-your-blackcoin-wallet-staking/

Give people access to your BC address simply by telling them your username - http://addie.cc
Order Your BlackCoin Card USB Wallet here - http://www.blackcoincard.com
Web Wallet, Debit Cards and Payment Terminals - https://coinkite.com
Buy or Sell BlackCoin with USD - https://prelude.io/trade/usd/bc
BC USD trade - https://c-cex.com/?p=bc-usd
Euro to BC - https://www.litebit.eu/coin/bc/en

AltOutlet Store - https://altoutlet.com/bc
3D printables BC's - https://www.shapeways.com/shops/CoinWear
Buy GOLD and SILVER with BC - http://www.coaex.com
Rare Coins and paper money for sale with BC - http://www.sovnumisltd.com
Get yoursef wooden BC wallet (BC accepted) - https://woodwallets.io

MintPal BTC/BC Exchange - https://www.mintpal.com/market/BC/BTC
Cryptsy BTC/BC Exchange - https://www.cryptsy.com/markets/view/179
Austin BTC/BC Exchange - https://agx.io/markets/296/trade

Stores that accept cryptos. BC is now accepted there - https://www.coinpayments.net

Check coin distribution ( top 1000 wallets ) - http://maarx.nl/maarx.nl/blackcoin/distribution
BlackCoinBalance v0.2 Androin Extension - https://chrome.google.com/webstore/detail/blackcoinbalance/ggphhhbdjbaidlgkmmgelfebbpnhdjef
Download Google Chrome price ticker extention - https://chrome.google.com/webstore/detail/cryptosaur/ldifofhjjihonamocbjmboeeaolkflag
Apple iPhone price ticker. BC now added - https://itunes.apple.com/us/app/coin-ticker-bitcoin-litecoin/id636476147?mt=8

Tweeter related to BlackCoin - https://twitter.com/search?q=%23blackcoin&src=typd&f=realtime
A Step-by-Step Guide To Using Your Blackcoin Wallet & Staking - http://www.techfleece.com/2014/04/10/a-step-by-step-guide-to-using-your-blackcoin-wallet-staking/
A free php script to sell a digital good for BC - http://www.storyhack.com/bccp

Full Casino - now accepting BC - https://strikesapphire.com
For those who like to gamble. Here is BC dice game - https://bc.xtremedice.com
BC Scratch Game - http://coinok.pw
BC Faucet - http://54.186.214.68/BlackFaucet/public_html/index.php

Enjoy

[TaunSew]

It's a pump and dump.  A month and a half ago the pump of the month was Mintcoin and Vertcoin.

There's nothing special about Blackcoin at all and here are the reasons

- Faster Transaction speeds ~ a lot of alternate coins can claim this too
- Proof of Stake.  Old mechanism ~ Peercoin, NxT and other coins have had this for ages
- Bitclone (the client is a reskin of BTC)
- Distribution.  Top 100 wallets own the majority of Blackcoin.
- Novelty merchandise


I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.

Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.

[btcprice]

It's a pump and dump.  A month and a half ago the pump of the month was Mintcoin and Vertcoin.

There's nothing special about Blackcoin at all and here are the reasons

- Faster Transaction speeds ~ a lot of alternate coins can claim this too
- Proof of Stake.  Old mechanism ~ Peercoin, NxT and other coins have had this for ages
- Bitclone (the client is a reskin of BTC)
- Distribution.  Top 100 wallets own the majority of Blackcoin.
- Novelty merchandise


I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.

Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.

Thanks for the logical explanation.

Prior to today the price has been going up at an even rate (with a few bumps along the way) for a month. The other pump-and-dump coins went up way faster and crashed in a short time.

Today's action with BC has me agreeing with you that it's now being pumped. I still don't believe it was prior to today. I still believe it will retain a good amount of its price in the long run.

We'll see how things shake out after this most recent jump in price.

[dspair]

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

[TaunSew]

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

When we buy and are left holding the bag - do we get a free Blackcoin novelty bag?  That would be neat.    

[btcprice]

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

When we buy and are left holding the bag - do we get a free Blackcoin novelty bag?  That would be neat.    

I'll share mine with you.  

[KingSchultz]

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it.

[TaunSew]

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it.

I don't see its' long-term existence either but I'm not seeing a replacement, either.  Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC).

Peercoin was invested by the funds too and it resulted in the same - Mastercoin I think as well but that may had been more middle investors.

[Armis]

It's a pump and dump.  A month and a half ago the pump of the month was Mintcoin and Vertcoin.

There's nothing special about Blackcoin at all and here are the reasons

- Faster Transaction speeds ~ a lot of alternate coins can claim this too
- Proof of Stake.  Old mechanism ~ Peercoin, NxT and other coins have had this for ages
- Bitclone (the client is a reskin of BTC)
- Distribution.  Top 100 wallets own the majority of Blackcoin.
- Novelty merchandise


I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.

Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.

You do realize there is life outside of BTC right?

LTC was the positioned alternative to BTC, now all other "alts" are the alt to BTC and LTC, about a month ago when BTC was going down, LTC decided to go in a differnt direction (people moved their non performing BTC $$$s to LTC), up, up, and up.   But as soon as BTC made tracks back to the profitland the btc believers returned.   Now we are back to the same situation except this time BTC, and LTC has gone now (most others too) so what do CC speculators do, they look down the Market cap list, they look over the list of other CCs, and they start to examine other charts to see which are ripe for picking.  That's how so many "alts" get action, when the big guys fail to perform.

As new CC player enter the market they won't know BTC as the one and only, they will simply just know it as the biggest/oldest, but they will be accustom to seeing BTC as much as LTC, DOGE, Ripple, NXT, PPC and a host of others.   Once there is a fiat to alt coin exchange (I thing there are some beta) with the strength of a Coinbase you will see tremendous competition on a primary level not just a secondary level (buy BTC with fiat to get alt).

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it.

I don't see its' long-term existence either but I'm not seeing a replacement, either.  Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC).

explain further what you mean there

[mannie]

The next big thing will be an anonymous coin IMO.

As countries start to try to crack down on/tax BTC you'll see the need for people to hide their transactions. Plus there are a lot of people holding big BTC balances who would like to hide their sales. And then there's the black market. All signs point to anonymous for mine.

My money is on Darkcoin but we'll see which one succeeds first!

[TaunSew]

It's a pump and dump.  A month and a half ago the pump of the month was Mintcoin and Vertcoin.

There's nothing special about Blackcoin at all and here are the reasons

- Faster Transaction speeds ~ a lot of alternate coins can claim this too
- Proof of Stake.  Old mechanism ~ Peercoin, NxT and other coins have had this for ages
- Bitclone (the client is a reskin of BTC)
- Distribution.  Top 100 wallets own the majority of Blackcoin.
- Novelty merchandise


I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.

Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.

You do realize there is life outside of BTC right?

LTC was the positioned alternative to BTC, now all other "alts" are the alt to BTC and LTC, about a month ago when BTC was going down, LTC decided to go in a differnt direction (people moved their non performing BTC $$$s to LTC), up, up, and up.   But as soon as BTC made tracks back to the profitland the btc believers returned.   Now we are back to the same situation except this time BTC, and LTC has gone now (most others too) so what do CC speculators do, they look down the Market cap list, they look over the list of other CCs, and they start to examine other charts to see which are ripe for picking.  That's how so many "alts" get action, when the big guys fail to perform.

As new CC player enter the market they won't know BTC as the one and only, they will simply just know it as the biggest/oldest, but they will be accustom to seeing BTC as much as LTC, DOGE, Ripple, NXT, PPC and a host of others.   Once there is a fiat to alt coin exchange (I thing there are some beta) with the strength of a Coinbase you will see tremendous competition on a primary level not just a secondary level (buy BTC with fiat to get alt).

Yes, all other clones didn't work, but THIS clone will replace both LTC and BTC
Now go buy on top of the bubble

Something's going to replace LTC. Or maybe LTC will just slowly dwindle, I don't know. Someone make a case to me for Litecoin's long-term existence because I'm not seeing it.

I don't see its' long-term existence either but I'm not seeing a replacement, either.  Litecoin was a huge fluke and it was funds, who missed the BTC train, who pumped it to that valuation (there were several days when LTC volume exceeded BTC) and now they're stuck with essentially worthless LTC (can't withdraw it without killing LTC).

explain further what you mean there

No different than the stock market - if you own most of a commodity you're stuck with accumulated assets that you can't withdraw less you want to start a sell panic.

[TaunSew]

The next big thing will be an anonymous coin IMO.

As countries start to try to crack down on/tax BTC you'll see the need for people to hide their transactions. Plus there are a lot of people holding big BTC balances who would like to hide their sales. And then there's the black market. All signs point to anonymous for mine.

My money is on Darkcoin but we'll see which one succeeds first!

The problem with your theory is assuming that this is proprietary to Darkcoin, when various alternates have discussed implementing it themselves.  As well, by default, most coins are already anonymous in the sense that your personal information is not included on the public ledger.

I think you meant hidden transactions and I think the assumption there is that if you're that paranoid about being traced then you're probably more likely to keep the stuff in cold storage.