Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1041. (Read 2509934 times)

hellohellooo, i mean no disrespect.. but i think we are arguing semantics here. nowhere did i see that the buywall was fake. all he said is that they had established a floor as a reaction to downward pressure. that could be a completely legitimate claim and you know it. this is completely common market behavior, you are just seeing more transparency than you are used to. never did he admit it was fake, that was your perception of his post.

there is no way to know if an order is fake unless it gets hit and the following reaction. this is black and white. read his post again.

if you don't know what i mean and you haven't done it yet, go trade btc/usd. it's common.

btw.. with all the work he's put forth.. i highly doubt he's putting up fake walls.

You are right the sell walls very well could be fake as well, or not. The big difference is, we know that the buy wall is fake because it has been said that it is fake. Because of that simple fact there is no need to "test" it and my argument is in noway discredited by it having not been tested. Nonetheless, if it were tested I imagine it would get pulled. Nobody gunna test a whopper of a wall like that, though, unless they know and have a lot of something..
I just think that, considering this is the time that the marketing has kicked in and we are trying to bring in new and big investors, that the state of the market needs to be real before any new, big investors will consider coming in (most big investors are smart enough to read the markets). That is why I think this is bad in the long run.
Anyways rant over. Sorry the intrusion.

I helped BC to grow by buying it LoL. What else to you want potential investors to do ?

For all you know, once the dumps start half the fanatics posting on here will all have scurried and I'll still be here holding because I know what I bought. (From all the over obsessing about the price, thats what it looks like anyway).

I have to say i am very impressed with the BC community so far. Keep up the good work!

lol
Congrats mama

I am exhausted reading this literary diarrhea. If you think there are coins with more potential then why are you invested in BC? Besides speculation and pages of useless opinions do you bring anything to this community to help BC grow? Have you donated to any project? What would YOU do next to keep our forward momentum?

I see 0 miners mining on that pool

BlackCoin Mac OS X Update v1.0.5.1

—  to be released shortly, fixing dependency bug.

i think you could go about it a little differently, your kind of makin an ass of yourself. but hey, if you don't care.. who cares. do your thing homeboy. you must've been on the debate team huh.

I realise that a particular cryptocurrency can be an object of affection for many, but once you've been through a few of them they start to be less so. It also helps to know what the real basis for the valuation is.

I don't have a "mission" as you put it other than to determine what that basis is. In that regard, it's a matter of documented fact that no amount of over enthusiastic promotion and bluster about 'great communities', media exposure and "not going back" has anything other than an ambiguous effect on the price. The reason I might appear "on a mission" to some is because whenever I see that amount of bluster while the basis for the valuation remains unclear, alarm bells go off. I suspect that most people don't actually know what they're investing in, although some might.

If I'm investing in "hype" then fine. It might still go far but as long as I'm aware of it I can make a genuine assessment as to my own valuation. On the other hand if it's more than hype then equally, thats usefull to know. For example Peercoin has a genuinely thought out cryptoeconomic role as a 'backbone' mechanism for large financial transactions with appropriate transaction fees and associated properties to deter small transactions. (I'm not a holder). Darkcoin (potentially) has a trustless anonymous transmission feature which clearly gives it a role - even for holders of other currencies. NxT has a potentially self-sustaining business model in the form of network services which supply 3rd party asset holders.

The fact that holders of a coin "value" it in an affectionate sense is no substitute for such an economic role. There are plenty of POS coins out there that can substitute for Blackcoin. So at the moment I'm thinking that this coin's value is based on the multipool effect and some strong promotion. I'm not saying thats bad, I'm just saying it's *it*.


I think this is as open to interpretation as any impartial observer sees fit. I agree with your false analogy from the point of view of a Blackcoin holder. But if you were a Kruger or Ruby coin holder, who Coinwarz suggests are the current targets of the multipool, you'd probably go with the "Parasitic" angle.

Actually, I used that word in a very specific context which is that it adds value to the coin which originates outwith the coin's own crypto-economic properties (in contrast to the 3 examples I gave above). In fact it originates in other coins. In that respect it's appropriate - albeit the strategy is perfectly legitimate.

As I say, I don't mind holding and supporting the coin. I just want to be clear about what it is I am holding.

the retracements getting smaller and smaller heading for a breakout? yes, a smart investor would get in somewhere if not in already. check out the mintpal max chart.

of course, large holders can always throw a screw in these kind of things if they want to.


another one bites the dust.

BC has now leapfrogged Novacoin to 18th Marketcap, slow & steady
http://coinmarketcap.com/

Wouldn't a "smart" investor look at our graphs and see "Hey that's good. Price has gone up. Anything under 10K is good." Then look at charts and see "Massive buy and no slippage!" We issued that press release so new whales would come in so let's wait for one.

you can't make the claim.. you don't know. it hasn't even been tested yet. you have completely discredited your own argument.

now yes.. of course it could be fake, but you are asserting that you "know", when in fact, nothing has been proven yet.

how do we know the 40btc sell wall is real also? we don't. it ain't been hit.

i know you are not new to markets, you talk the talk.. so i assume you know all of this already.

isnt today supposed to be blackmarket wednesday or something?

It is not real because there is no intent of actually using it to buy. It is only being placed there to influence other people into buying in front of it.. People are willing to buy at that price because they are tricked into thinking that is the real current price. You are right; it is a very common market manipulation tactic. One to be vary wary of because it indicates there isn’t enough real support to maintain the current level..

The idea that this is better for the market is ludicrous. It is only better for the short-term benefits of those who are already heavily invested in BC. But this makes it a very bad time for new, big, investors to join in if they are smart enough to see what is going on.

I have been in this coin early on and never been out. I never sold... You are entitled to your opinion and whatever feelings you may have. However, you not mind seeing your investment go down is not the sentiment of the entire community. You remind me of someone else who posts self fulfilling nonsense and then try to pass it off as for "best interest of the community". I must admit I am getting a bit annoyed by the small group of people here who are very "vocal" but do not contribute anything by helping this coin grow. You and a few others just sit on the sidelines and criticize everything everyone else is doing but do not bring anything to the table. 

move up dem buy walls

You completely failed to address the main content of his post, and instead decided to focus on a single phrase used once within it and even went so far as to refer to that as being the "substance of his post". It has been admitted that the market is being manipulated upward. How about people address that, since that is the actual substance of his/her post(s).

the market is not being "artificially held up". if the orders are there, and they get hit.. it means people are willing to invest at that price.. that is the main definition of a free market. nothing artificial about it.. and even if it was, every single high volume crypto has whales who try to control levels at times.. stocks as well. this is an exchange, with different people with various amounts of money to invest. this is how it works. you are just seeing a bit more transparency here than you are used to.