Author

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1087. (Read 2510356 times)

member
Activity: 112
Merit: 10
Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

I highly disagree with that statement but that is a topic for another thread Smiley
x2 VW (not that i own any  Wink) porsche, bmw, audi, mercedes, skoda, seat.......
British use to be best, good old BMC engines  Roll Eyes did like my mini though haha
Germans lost the war because they went east, and while most of their equipment while superb, was way too complicated. Better to have 1000 ok tanks then 100 really good tanks. Also if they would have waited a year before invading poland they would have been significantly ahead of everyone in terms of technology. Jet power would have played a key roll.

It also didn't help that Hitler was crazy as balls at the end.

anywho...
yep the russians, always have loads of kit.
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
@KryptoKings Palm Beach County
member
Activity: 108
Merit: 10
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
What if big business adopts BC?

I can see that happening and I can also see the BC has the best potential to reach a marketcap of at least 100 Billion dollars. Apple and Google is currently worth a lot more than that.

Currently, BTC has about 12.6 million coins in circulation with a marketcap of about 5.7 Billion dollars.

5.7 Billion / 12.6 Million = BTC Price

Blackcoin has about 74.5 Million coins in circulation.

74.5 / 12.6 = BC/BTC Multiplier of 5.9

5.7 Billion * 5.9 = Approx 33.6 Billion Dollars Marketcap for Blackcoin is needed to equal Bitcoin value in today's dollars.

If after massive adoption and Blackcoin reaches 100 billion dollar marketcap with 75 million coins in circulation, Blackcoin value would equal approximately $1,333 each in today's dollars. (100 Billion / 75 Million)



Whoa...
hero member
Activity: 854
Merit: 506
We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley

Nice... glad my 22 MH/s helped.

@PeterPalmBeach - you are in my county?  Shocked
full member
Activity: 126
Merit: 100
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
What if big business adopts BC?

I can see that happening and I can also see that BC has the best potential to reach a marketcap of at least 100 Billion dollars. Apple and Google is currently worth a lot more than that.

Currently, BTC has about 12.6 million coins in circulation with a marketcap of about 5.7 Billion dollars.

5.7 Billion / 12.6 Million = BTC Price

Blackcoin has about 74.5 Million coins in circulation.

74.5 / 12.6 = BC/BTC Multiplier of 5.9

5.7 Billion * 5.9 = Approx 33.6 Billion Dollars Marketcap for Blackcoin is needed to equal Bitcoin value in today's dollars.

If after massive adoption and Blackcoin reaches 100 billion dollar marketcap with 75 million coins in circulation, Blackcoin value would equal approximately $1,333 each in today's dollars. (100 Billion / 75 Million)
member
Activity: 84
Merit: 10
Buy/Sell/Trade BlackCoin on agx.io! Need reasons to switch to Austin Global Exchange? Just see what our customers had to say about us during Beta testing: http://bit.ly/1enrDIp AGX launched out of Beta last week and BlackCoin volumes are slowly and steadily rising...

- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agx.io," "AustinGlobal"
twitter.com/AustinGlobalX
austinglobal.tumblr.com
member
Activity: 84
Merit: 10
Am I getting old and my vision fails or the price fonts on MintPal got smaller ? Grin

i think mintpal's got a subtle update to their layout so that might include having smaller fonts Tongue

----------

is there a countdown when the PR will be released?  just 50 minutes to go here and it's Wednesday Tongue
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Am I getting old and my vision fails or the price fonts on MintPal got smaller ? Grin
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

Germans lost the war because they went east, and while most of their equipment while superb, was way too complicated. Better to have 1000 ok tanks then 100 really good tanks. Also if they would have waited a year before invading poland they would have been significantly ahead of everyone in terms of technology. Jet power would have played a key roll.

It also didn't help that Hitler was crazy as balls at the end.

anywho...
member
Activity: 112
Merit: 10
I hold until BC is worth
full member
Activity: 154
Merit: 100
Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

The Germans main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

I highly disagree with that statement but that is a topic for another thread Smiley
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
hero member
Activity: 493
Merit: 500
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
What if big business adopts BC?
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
We are @ over 2GH/s scrypt on http://blackcoinpool.com and 18TH/s SHA256
 Smiley
full member
Activity: 126
Merit: 100
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.

That is only possible if BC has like 5 times the marketcap of BTC because of the amount of coins in circulation.
hero member
Activity: 493
Merit: 500
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
How is that not possible? A price of .01 BTC is easily achievable in a year or two. Although it may be a long shot, but if the BlackCoin community continues to produce such innovative ideas, we may see the price of BC surpass BTC in our lifetime.
sr. member
Activity: 266
Merit: 250
Quote
Don't kid yourself that BC has - or will ever have - anything approaching the network effect that Bitcoin or litecoin do.

On which Law do you refer?

The law that says it's easier to gain "network effect" when there's 2 competitors than when there's 2000.


I don't see 2000. The only "competitors" I see are the 18 positions ahead of us on coinmarketcap.com (including NXT). That's all.

Really folks. A quick look at history will show that ALL of the many car manufacturers after Ford, General Motors, and Chrysler just couldn't survive. The Big three had all the 'network effect' and nobody other than them could make and sell a new car. I read that the Japanese tried, but they failed miserably. Take a look outside today and you will not see a single Japanese car. Anywhere. Even in Japan. The Germans had a couple good ideas too, but they all failed. In fact (thank god) the main reason they lost the war was that they couldn't make cars well enough, or sell them to anyone.
Wink

Very nice analogy. Love it  Smiley
edit: and Koreans failed as well.

Yeah you're right about those Koreans. They tried and failed with cars, and then they tried to make cell phones instead, but nobody bought those either. Really, after Motorola and Nokia...there just was no possibility.
full member
Activity: 154
Merit: 100
i'm holding till it's worth 0.5
hero member
Activity: 882
Merit: 517
cloverdex.io
Looking for blackcoin holders who are interested in donating 20k+ of their coins to various projects to promote blackcoin. If you are interested, hit me up in the irc:

maarx on webchat.freenode.net

Type:
/join #blackcoinpool
and ask for maarx or dibdab

or send me a private message there with
/msg maarx
legendary
Activity: 2212
Merit: 1199
Let's go to 1000000 satoshi nothing can resist to BC


Whoa Smiley A huge price you are suggesting - I wish it will be even higher but it is not really possible.
Jump to: