Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1106. (Read 2510302 times)

I assure you,  this is in our future in some exciting ways.

+1  BC should not have psychological dependence on Multipool. Instead it should be project oriented. I hope apart from multipool, the devs, community will come forward with different projects. I would like to see BC being accepted by vendors, websites, etc.

Vote BC guys! Don't let mint win with all there bought votes (52k/59k votes are bought)

http://www.lovecrypto.com/vote

I'm not talking about 7900, I'm talking about your idea. Buying 100-200 BTC, the price would probably go up to 20,000 sats if not higher. There's massive slippage and people would sell and miners would complain.

Is the multipool buying from Cryptsy?

I see the logic of trading on an exchange that has the mined coins of course, however the price of the coin is being driven by Mintpal volume (or more correctly put - sentiment is driven by what we see happening on Mintpal).
If traders can't see the bids of the multipool then nobody will see the bids against the walls on Mintpal that drive price. If the activity of the multipool is invisible on Mintpal then that's a tragedy. Sure the price will self-correct due to arbitrage but again this just seems random and lacks visibilitiy.
 More so as I'm sure miners then send the BC to mintpal when they want to sell so we only see the selling volume.

Can someone please clarify the above for myself and others? And also some thoughts?
I am a big supporter of this coin but we must challenge every action as stakeholders.

quick question

Mintpal has there trading API out in Beta..so is the multipool using it now?

The latest pool payout worked out to $2.60 USD per MHS for the day,   x my 2.5mhs = $6.50,   according to coinwarz for my hashrate this makes the BC multi-pool the 2/3ish Most profitable coin to mine in this instant.... No bad!

When I think about the cumulative benefits of mining in the pool to the community,  to Blackcoin and its overall affect on my BC holdings I don't see how this isn't the best thing I can be doing right now.   My opinion is  you have *any* amount of BC you should be mining on the pool to 'automatically' increase the value of the coins you hold and the coins you are mining right this minute.

The other reason the coin drops sometimes is obvious. A few guys dump their coins once they see support and throw up a few walls. Other people see that wall and get scared and dump faster than the multipool can buy. This can be calclulated by the pools hashrate and the small walls. These walls will get bigger the more the price goes up. In order for community members to punish dumpers you have to simply let the multipool slowly chip away at their walls. Let it drive them away. Since the bigger walls are always fake, the second the pool eats it the dumpers will have to remove the wall and then they lose money. Its easy. They may profit now, but in a few months they will get punished by that move. Also, the pool tightens supply by a million dollars of BC a year(thats a LOT!). And that will increase respectively. Decreased supply increased demand.

I'm not sure why people are complaining. The coin is clearly higher than it was before. Mining a different coin manually and buying bc directly removes the community aspect. So why go solo? If you are a miner support the pool because people can see the hashrate and the higher the hashrate the more others will see it and be forced to invest or join. Mining solo and nobody can measure the hashrate you are no different from a pumper. If you make more btc that way its stupid because you lose more btc in the long run. The multipool is a community and the bigger it gets, the more unstoppable it becomes. The hashrate is triple what it was before and once its 10X what it is no coin will be able to touch BC. Even an investor pumping the market can generate interest in the multipool if he doesnt sell. This coin is a success so far and anyone selling is just going to get burned one day when the price goes up into their sell or be eaten by others. Its higher than last week in a down market. The price will go up every month. This coin is a longterm investment. It will eventually be at a dollar. Just based on its limited supply along and that its being collectively mined indirectly. Its a great coin. The "daytraders" here are not really community members since they are missing the point entirely. So they make up an insignifigant percentage of holders let them chew each other up. They are the ones selling after black friday out of fear uncertainty and doubt and they did not do much to the price only 10% of the people here are daytrading. They wont matter in the end. Genuine investors need to support miners the same way. Im a big investor in this coin and have refused all tempations to sell on intervals despite knowing I can pick up a few btc. There is nothing to fear this coin will keep going up steady.

New miner page is good.

Cryptoalts EU mining node is now open for testers.

For those of you over in the EU, please do try it out and report your DOA % rates : http://www.cryptoalts.com

Also, if you want to try both nodes at the same time, I highly recommend you use different BC addresses. While your work is merged and accounted for, you'll only receive the report of the last node queried on your stats page. In the future I may change this to show all nodes, but for now I'm just looking for working expansion and the nice stuff later on.

Sorry to the miners who got crap payouts today. I did a lot of updating this weekend and I noticed that the rollovers did work properly and reset the miner workers last payout, so anyone who jumped in today got crap payouts (my EU workers did, my USA worker that has been hashing for a while was fine). This was fixed.

If this week goes well with the two nodes, Australia is next.

I like the new miner page

Bonus Payouts 05-04

http://pastebin.com/ifCBEZZd

I have a question. I had coins on greekpool and crypto-coinz, which I havent transfered. Cant login anymore...

7500 broken

I said the same thing a while back. If they were going to pay us back, they should have earlier when it was like 6000. But they keep saying they will.

The longer they wait the less likely.. I hope u get them back..


And u..

Yeah fucking cryptorush i lost some coins there too 

This is why I am still angry at Cryptorush. I lost quite a few coins there. I'm just now getting back to where I was then. If I hadn't lost those coins I'd have double what I do now. Oh well... lesson learned. But they pinky promised they'd pay me back my coins.

hahaha thanks for pointing those out, I had no idea. They look like serious shitcoins though haha