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Topic: [ANN] BlackCoin (BC/BLK) | PoS | BlackHalo | Smart Contracts | Anonymous - page 66. (Read 609585 times)

member
Activity: 105
Merit: 10


PLEASE UPDATE TO LATEST WALLET VERSION, Fork to PoS 2.0 soon to come (Block 319000)

Download at blackcoin.co
current block height is 308586
sr. member
Activity: 532
Merit: 250
I bought at 9000 and it was long long time ago. BC had only multipool in alpha faze and was POS and that was enough to be innovative  Grin
legendary
Activity: 1302
Merit: 1002
...
For example, many of my BC were purchased at around 500 sats...

Those 500 sat coins were traded long ago in way to 90k or later coinkite 45k.
Shot - mid term investors from 500 sat are out - i think not many is counting on 180x ROI to be honest...
sr. member
Activity: 392
Merit: 250
I prefer http://www.dailyblackcoin.com/ . gr8 job , and page looks very nice

wondering if that 2 big sell walls are so whale can acumulate or for real  Grin

Although there are exceptions... in general if it's a BIG wall on either side it's likely to be an attempt to push the other side into their real orders - so likely, yes they are probably an accumulation trade.  However, it's always possible that it's merely someone who either doesn't understand the market itself or simply doesn't care about fractional profits.

For example, many of my BC were purchased at around 500 sats... so whether sold at 16.5K or 17K they would still represent a massive profit.  However, since I believe they will be worth at least 500K sats eventually, it's equally valid to say that (whether or not I managed to get the very best price today for them...) it would still be a significant loss from what it could have been. Wink
sr. member
Activity: 532
Merit: 250
I prefer http://www.dailyblackcoin.com/ . gr8 job , and page looks very nice

wondering if that 2 big sell walls are so whale can acumulate or for real  Grin
legendary
Activity: 1302
Merit: 1002
A timeline since February 24th added to BlkFeed would be nice. There's just so many things happening with this coin that it can be a bit overwhelming at times - esp for someone new looking for information.

Anyway most of those project live on their own.Some developers do them in free time some stuff is in full time done every day.
There is few groups of developers who have their own job style but tey are delivering slower faster but they are working all time.

Anyway is hard to trace all best of all it blkfeed.com as source of information.
newbie
Activity: 30
Merit: 0
A timeline since February 24th added to BlkFeed would be nice. There's just so many things happening with this coin that it can be a bit overwhelming at times - esp for someone new looking for information.
sr. member
Activity: 532
Merit: 250
we should just focus on developement as we do and to become better and better day after day and we will be fine

I just dont like our projects annoncement policy coz many new ppl dont know what going on and that there are several minor and major and HUGE projects to come soon

Whats wrong with progress bars ? Smiley


Lets say:

exchange BC/XXX 80% done
NightTrader decentralized exchange - 77%
.
.
.
etc and update once per week
hero member
Activity: 644
Merit: 500
The fact that other more respected exchanges haven't added BC based markets means one thing: BC was not good enough. And I couldn't agree more. It's still not good enough to become a market. Development and project management lack full transparency. Sudden announcements surprise the markets. There are artificial pumps. Those who knew the ETA and had collected cheap coins during the periods of silence exploit the surprised investors who buy with emotion and sell overvalued coins to them. And the cycle goes on. The graph shows it all.



What are you talking about? "Other more respected exchanges" also haven't added DRK either. It's not always about whether a coin is good enough. There's other reasons.

Absolutely, because good enough doesn't explain why stuff like FTC, NVC, and TRC are on a certain large exchange.
sr. member
Activity: 532
Merit: 250
MB bitrex has 5mil BC and wanna pump it into 1$+ price  Grin Just kiddin, nice experiment, and its huge if you think about it Smiley
hero member
Activity: 700
Merit: 500
The fact that other more respected exchanges haven't added BC based markets means one thing: BC was not good enough. And I couldn't agree more. It's still not good enough to become a market. Development and project management lack full transparency. Sudden announcements surprise the markets. There are artificial pumps. Those who knew the ETA and had collected cheap coins during the periods of silence exploit the surprised investors who buy with emotion and sell overvalued coins to them. And the cycle goes on. The graph shows it all.



What are you talking about? "Other more respected exchanges" also haven't added DRK either. It's not always about whether a coin is good enough. There's other reasons.
full member
Activity: 237
Merit: 100
Bittrex are just trying to kill Mintpal (big volume on mintpal for BC). That's why they want to offer BC market on Bittrex. It's simply a question of business
My2c

well, we have been requesting mintpal to use BC as base pair for months (since April) and they did not listen.

Mintpal should do something to keep the customer. It is not too late to open BC market at mintpal now.

So, what is the explanation about why they did not listen? They don't like the coin or the people?


You are asking why an exchange didn't replace LTC (a 240million market cap coin) with BC (a 7million market cap coin) just because they were asked to. Seriously? There's a zillion and one reasons not to.

It actually amazing and a great coup that BC convinced bittrex to do this.
newbie
Activity: 8
Merit: 0
Bittrex are just trying to kill Mintpal (big volume on mintpal for BC). That's why they want to offer BC market on Bittrex. It's simply a question of business
My2c

well, we have been requesting mintpal to use BC as base pair for months (since April) and they did not listen.

Mintpal should do something to keep the customer. It is not too late to open BC market at mintpal now.

So, what is the explanation about why they did not listen? They don't like the coin or the people?

EDIT: Can you imagine what would happen to the shitcoin world if BC was a market and its price went from 13k to 20k within an hour like it happened some hours ago?


They wanted money for it.

Has happened to btc as well.

Are you feeling alright?
sr. member
Activity: 1009
Merit: 261
EDIT: Can you imagine what would happen to the shitcoin world if BC was a market and its price went from 13k to 20k within an hour like it happened some hours ago?

Do you mean volatility similar to that witnessed in the BTC market periodically ?
sr. member
Activity: 532
Merit: 250
I hope devs will change its politics and will give as projects name and ETA or progress bars.

More volume and pumps and dumps - more ppl realize what is BC and that its good. BTC was pump and dumped HARD like 5 times already and its more than good

we dont have stable currency anyway coz ppl are selling no matter what price Smiley - coz they hope they can buyback cheaper
member
Activity: 105
Merit: 10
so do we have to deposit some bc on bittrex or do we have to actually trade with it? don't wanna sell any precious bc Cheesy

how much liquidity do they need?

DO NOT keep coins in any exchanges unless you are actively trading them
member
Activity: 105
Merit: 10
Bittrex are just trying to kill Mintpal (big volume on mintpal for BC). That's why they want to offer BC market on Bittrex. It's simply a question of business
My2c

well, we have been requesting mintpal to use BC as base pair for months (since April) and they did not listen.

Mintpal should do something to keep the customer. It is not too late to open BC market at mintpal now.
legendary
Activity: 1302
Merit: 1002
Bittrex are just trying to kill Mintpal (big volume on mintpal for BC). That's why they want to offer BC market on Bittrex. It's simply a question of business
My2c
But we all know that a "question of business" is subject to question... This move BC and Bittrex are making could go wrong, correct?

What if/how might/are there signs... they will fail?

I'm only asking as an investor.

Well, the biggest sign is that payouts do not occur or are significantly delayed without a valid reason (i.e. coin hard fork & new wallet release or blockchain issues).  Basically, if something only happens on that exchange, but not on others that carry the same coin pairs... get your coins out ASAP!

As an investor, I wouldn't bother.  I think this may have been presented better - the idea is not to start using Bittrex as your wallet... that would be a bad move (just as it is a bad move if you have all your BC on MintPal, Cryptsy, etc.).  The idea is that if you are actively trading BC (selling or buying) try to do a little more of your business on Bittrex rather than just doing all of it on Mintpal or Cryptsy.

I have major reservations about Bittrex myself.  Don't get me wrong, I'm not questioning their stability or security... simply that I have a problem with the pay-for-pairing model of exchanges these days.  I have exactly the same issues with poloniex, Mintpal, and to a somewhat lesser extent Cryptsy (I have much bigger issues with speed and reliability as far as they are concerned).

I have great hope that the upcoming BC-centric exchange will resolve these issues for myself.  The simple problem is that we're literally drowning in shit-coins... and these "give me 1BTC and I list your coin without question" exchanges aren't helping things at all.  We need more exchanges with extremely high entrance requirements (i.e. must be at least 3 months old, must have at least $1M US in market cap, active development, etc.).  

Those are the sorts of statistics that show a coins true colors... not the fact that the devs or community can scrape together a few BTC to buy their way in to an exchange.

I certainly hope those without the capital (either BC-wise or BTC-wise) do not just blindly stick all of their coins on any exchange - including Bittrex.  We do need liquidity, but we don't need people that easily panic or cannot afford to lose coins in bad trades filling up the exchange just to look good.  I'd rather never see a BC secondary market than see a bunch of small BC portfolios lose coins.  Never put anything on an exchange (any exchange) that you cannot easily afford to lose.


I would add to all if you want play shit casino games why use BTC you can use to that BC instead.
Buy BC from Mintpal move as BC to Bittrex and play with those markets using BC instead of BTC.
sr. member
Activity: 392
Merit: 250
Bittrex are just trying to kill Mintpal (big volume on mintpal for BC). That's why they want to offer BC market on Bittrex. It's simply a question of business
My2c
But we all know that a "question of business" is subject to question... This move BC and Bittrex are making could go wrong, correct?

What if/how might/are there signs... they will fail?

I'm only asking as an investor.

Well, the biggest sign is that payouts do not occur or are significantly delayed without a valid reason (i.e. coin hard fork & new wallet release or blockchain issues).  Basically, if something only happens on that exchange, but not on others that carry the same coin pairs... get your coins out ASAP!

As an investor, I wouldn't bother.  I think this may have been presented better - the idea is not to start using Bittrex as your wallet... that would be a bad move (just as it is a bad move if you have all your BC on MintPal, Cryptsy, etc.).  The idea is that if you are actively trading BC (selling or buying) try to do a little more of your business on Bittrex rather than just doing all of it on Mintpal or Cryptsy.

I have major reservations about Bittrex myself.  Don't get me wrong, I'm not questioning their stability or security... simply that I have a problem with the pay-for-pairing model of exchanges these days.  I have exactly the same issues with poloniex, Mintpal, and to a somewhat lesser extent Cryptsy (I have much bigger issues with speed and reliability as far as they are concerned).

I have great hope that the upcoming BC-centric exchange will resolve these issues for myself.  The simple problem is that we're literally drowning in shit-coins... and these "give me 1BTC and I list your coin without question" exchanges aren't helping things at all.  We need more exchanges with extremely high entrance requirements (i.e. must be at least 3 months old, must have at least $1M US in market cap, active development, etc.).  

Those are the sorts of statistics that show a coins true colors... not the fact that the devs or community can scrape together a few BTC to buy their way in to an exchange.

I certainly hope those without the capital (either BC-wise or BTC-wise) do not just blindly stick all of their coins on any exchange - including Bittrex.  We do need liquidity, but we don't need people that easily panic or cannot afford to lose coins in bad trades filling up the exchange just to look good.  I'd rather never see a BC secondary market than see a bunch of small BC portfolios lose coins.  Never put anything on an exchange (any exchange) that you cannot easily afford to lose.

so do we have to deposit some bc on bittrex or do we have to actually trade with it? don't wanna sell any precious bc Cheesy

how much liquidity do they need?

It needs to be traded (or at least added to the market) to be considered liquidity.  If you are just going to park it in your 'wallet' on the exchange, don't bother - keep it staking and encrypted!  If you don't want to sell at the current prices, that's just fine... put a sale in at 30K sats... or 50K sats... whatever you feel would be good enough for you to give up the BC you offer.  Even though it doesn't technically add liquidity in the current market it does in general - because even if you put 1000BC on at .001 that's another 1000BC that could be purchased.  Likewise, even if you only have .25 BTC, and put a buy in at 5K sats... it's unlikely to ever fill (but you'll have a nice grab if it does) but you have added .25 BTC to the total amount available to sellers.  It's then up to the traders to decide whether it's worth it at those prices to execute or not... but at least the liquidity supports the trade!
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