Topic: [ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous - page 188. (Read 609571 times)

Very little new money is entering the system, it is basically the same money being shifted from one coin to another. I will not debate the value of quick growth over slow and steady growth in regards to crypto. Lets focus on the current situation. For BC to increase in value new money will have to enter the system. Too many coins are now competing for investors, and more coins will be entering the system each week. There are significantly more coins being released than there are investor's money to support these coins. We are literally reaching critical mass with all the new coins coming into the market. As I stated in my original post this is not a BC problem but a crypto problem in a whole.

someone needs to steal those coins at 31k  so cheap

+1

Just wondering, but has anything been addressed with Max Borges about us appearing on their client page, let alone timeframe of promotional activity? 3 month retainer isn't long and so far nothing has been mentioned as to how that money is going to be used.

Small update on Physical Blackcoins: WindTurbines took priority so they  just got posted by UPS

If anyone is interested, I am going to be selling off my GPUs for BlackCoin. I'm going to be moving around a lot soon, and unfortunately I just cannot take the miners around with me.

My stock of cards

-1x R9 280X
-6x HD 7950
-4x R9 270X
-6x HD 7870
-4x HD 7850

I have a large outstanding reputation on Heatware for this kind of stuff (the selling of used computer hardware), so if you're interested in arranging for a trade, you'll be paying me first. (and to my CoinKite address )

UPDATE OF PRIZES MINING GEAR PROMO

Hi everyone, couple of days ago we held a poll seeing what the public wanted regarding prices for the current KnC miner promo. The poll was pretty clear showing an 82% support for more prizes instead of one big one. Starting today the prize will change, the $ amount will stay the same.

The Prizes
THESE WILL CHANGE BY THE END OF THE PROMO, BUT AN EXAMPLE TEMPLATE IS THE FOLLOWING:

First Prize:
The WarMachine 54 MH/s - Value: 5900$

Second & Third Prize:
The Black Widow 13 MH/s - Value: 1800$

And then there's 4x The Fury 1MH/s Scrypt Asic that are worth 150$ each.


All these prizes will change over time as new ASICs hit the market. We want to make sure that as soon as August get's close you'll get the best deal for the money that we offer on this.

We hope this will give more incentive to everyone to mine more at the BlackCoinPool! More prizes, more chances to win !

Also, we will be renaming the promo from 'KNC Promo' to 'MiningGear Promo'.
Currently the required hash has risen to 7,5 GH/s as the five 5 GH/s have now been filled! The MiningGear Promo is now 33% along the way!

Stuck ? 14m market cap ? while for few weeks was 10m. (people were  selling BC for $ too )

Coin have big volume i am sure new investors will get in sooner or later.
Many people just wait to good moment to get into coin.

About leak new money i think we  have many people is cashing BC to sell BTC for $ it will take time to grow...
Don't be fool to keep top 10 coinmarket cap we need to be strong this is not...
This is time build infrastructure and develop cool stuff not over hype things what is over hyped to much it will be dumped too...

Getting any coin to top 20 on pump is not game breaking but keeping it at top 10 is IMO.
Sooner or later people will join and recognize BC mark just give it time people and work on BC everyday.
Don't fool yourself that rapid growth will be forever anyway it is time for slow growth over time with work around BC :-)
infrastructure and people gives its value.
Sooner or later we will get that 1$ per BC :-)...
Generally i am happy that quick $ are leaving BC and we are entering in slow growth area where  whole dumps can be eaten even with MP.

If you currently don't have a project in the works, or you're not doing anything to help BLK move forward, but you hold coins (even less than 5 BLK). There has to be something you can do with your particular set of skills that gives you a comparative advantage that will allow you to help BlackCoin in the long term.

Just think!!

McKie

I knew you didnt mean me specifically.  You is the entire community.  I have been trying to do what I can do.  I have been holding and staking my coins, and increasing my holdings.  I have tried to suggest ideas that are helpful, and highlight important information as I can.

Everyone I know is involved in blackcoin and doing the same.  It isnt much, but if everyone here was doing at least that much, blackcoin would benefit.

Small new article :

http://www.cryptoarticles.com/crypto-news/blackcoin-android-wallet-coinkite-deal-and-website-redesign#

go and share please

Well, it will take some time, but we can do it.
I managed to get nearly all my team at work excited about BC and they invested around 10-15 BTC (everyone bought in lower than we are now, by the way, so they will tell other people... )
Yesterday i sent a bunch of 50-100 BC vouchers via CoinKite to family and friends.
Both is not that much, but imagine everyone here would just get a single person to buy a little amount or get interested in BC instead of staring at the fucking charts all day long.

We are currently working on a page that is intended to make it easy for people to buy BC:
http://www.howtobuyblackcoin.com
Everybody is invited to help!

If you want your coins value to grow don't just moan that it does not go quick enough but do something, every little bit will help.

*you in general of course, not "you" as acseric.

This is a very good synopsis of why cryptos seem locked into a constant cycle of pumps and dumps.  It is all the same money changing hands currently.

However, there has been some growth happening.  As bitcoin recovers, it will also cause more money to come into cryptos, because if bitcoin doesnt have real world adoption, no other alt coin will.  If bitcoin starts getting the adoption, alternative coins with great infrastructure will also see gains.

Growing fast and locking in higher positions will not happen until then, no matter what marketing gimmicks or promotions happen.  The reality is, all of this will take time.  But during that time, everyone should be doing everything possible to mature blackcoin to be ready to ascend when bitcoin gains more and more traction in the mainstream.
 

I am always "here". No I didn't buy back but I am interested in seeing what happens.

When I made my predictions it was based on sustained growth and what I was planning on doing with BC in regards to marketing...etc..etc. I shared some of those ides when I recently promoted another coin .

As it stands now the price will remain roughly the same for weeks and months to come. You will see sharp increases at times, and also dips, but the price will not go over $0.50 cents for quite some time.

I will be the first to admit BlackCoin is one of the only coins that has almost everything in place. The new website looks great and there is an actual infrastructure being built around BC. That is the reason why this coins hasn't vanished like so many before it. However, BlackCoin like many others is now at the stage of bringing in new money. Think about it for one second. Our community is very small and the investment money coming in is by basically the same people. We move our money from one coin to another. Sometimes we pick the right coin, sometimes we don't. But the cycle continues, that is why usually when one coin is being pumped, another one goes down. With all the competition fighting for investment dollars the money is spread thin. That is why I warned several weeks ago that BC had to grow fast and lock itself into position before all the new coins were launched. Now unfortunately BC is stuck because there is no new money to pump in. BC isn't the only coin that suffers from lack of new investment money, all alt coins suffer from this.

I know everyone was excited about CoinKite and weeks ago I made a post and predicted that BC would see very little increase from the CoinKite partnerships. I wasn't "hating", I just knew that most people would have already known about CoinKite by June 1st so it would not make them invest more money in BC because of it. CoinKite was already factored into the price when it was announced several weeks ago.
People will now have to wait and see what the PR firm has planned to bring in new investment money.
 

Everyone in crypto should read this.  This is why Blackcoin will succeed while almost every other coin will fail.

http://thecoinfront.com/why-most-if-not-all-altcoins-will-fail/

This was also posted on the Blackcoin Reddit.

Soon the world will know our little crypto...
Blackcoin is starting to grow "up"...

This needs to be posted on every cryptocurrency news site, blog,... ASAP

From Coinkite today:

Blackcoin Comes To Coinkite - Today #Blackcoin joins Litecoin and Bitcoin, as a fully-featured cryptocurrency.
http://tmblr.co/ZtWtaq1HatF78

Example1 with lots of support walls: There is panic situation and whale wants to get out with profit.  If he sees a big wall to dump all of his coins then he will take it first, thaT can instigate a 200 BTC dump now.  If he sees another wall two or three point lower, and if convenient to his average purchase price he dumps again 200 BTC.  This is what goes on on and what went on yesterday taking every support wall and letting the whale cash out happily.  Now the first support walls became bag holders at high prices and some of them will try to sell their coins at the first chance.  Some of the owners of lower placed wall are a bit nervous and only the buyers at the lower support prices are actually on the black.  When the price reaches bottom there is no buying pressure since all of the BTC available was put in the support walls.

Example2 with little support:  The whales are going to sell slower looking at places where to dump their coins.  Since there are no support walls they will not dump now and wait for more support.  If they get panicky they will drive the price down and the buyers will jump in to take the low priced coins with great buying power.  The end resulting price will be much higher then in example 1.  I believe this will discourage dumping and make it less profitable for whales...  Also this will make whales think twice about pumping a coin and thus making a more STABLE INVESTMENT.  Whales are happily pumping the price while the buyers leave dumping (buying) walls behind them.  As long as there is dumping walls behind the whale will continue to pump the price up.