Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1153. (Read 2510302 times)

+1

and zeta93: Ain't ever gonna happen, sorry. The community is the team, and it is neither possible nor desirable to have a centralized body issuing opinions. Decentralized, self-informed consensus of individuals is all we need, there's no value in artificially creating trust-demand where there is no need for it, as you only add more opportunities for deception and gaming the system. Moreover, big players in the business of trading the market have no meaningful incentive for divulging themselves, their true opinions or their intentions. This is pure naivete on your part.

I think BlackCoin still has a long ways to go before we can really loose the price in BTC and go fiat only. We actually choose for SAT since it's a way bigger nummer to show (6000 looks alot better then 0.00006 ) and it is clear for the current community what it is.

Great job, can't wait to see the draft

“Judge a man by his questions rather than by his answers.”
― Voltaire...

Peace!

the team will work as a central bank, just to give indications and protect the coin from falling in a hands of pumpers and dumpers,
if we have the top ten holders of the coin in the team, the team will have all credibility for other holders,
it's not stupid idea, it's bad and dangerous idea for dumpers, and who want fast easy profit which can destroy the coin fast.

IconicExpert can announce the formation of this team in his marketing campaign next week,

Much better to elaborate and educate though. Thanks for explaining where you're comming from.

The village Elders. I nominate myself as Shaman. Prepare to take some ayahuasca.

It's easy to shoot down an idea. It's much harder to come up with one of your own; with this, you gain respect.

Blackcoin, the one to bring stability back to crypto, it was fortold

we can post the (price team) suggestions in BlackCoin website and in social media, then when buyers and sellers will know about this will be a good source of stability for BC, and this will give BC one more advantage against Bitcoin.

the big holders of BC will have more credibility and trust for the assets they are holding, and no fake or stupid predictions (or news) will effect their holdings

Not a bad idea. However, many of the people that buy/sell BlackCoin never visit these forums. If they did they wouldn't be selling their coins for discounted prices.

OK, i suggest to form a small team from BlackCoin Community which can give price indications for small and medium term, and just them can give official declarations (suggestions, predictions) about the price directions.
by doing that we can prevent panic sell and panic buy and make BlackCoin more stable.

the team can accept:
- Economists
- Cryptocurrency experts
- holders of more than 500K of BC
- ........

Most of us are not in the business of price-manipulating. There are a few big fish out there who do it, or try to, and can't be stopped as it is their livelihood. Fine.

i mean we should be honest with our declaration about the price and don't manipulating BC holders or buyers, so we can gain more trust, i like this community and to succeed we should be honest.

yep i have a few 7970's and a 6990, just trying to get the 280x to work on its own.
updated to cgminer 3.7.2 last nite but still the same .

Your point is well-taken, however I'd emphasize/factor in a couple important considerations:

1. It's getting harder and harder to sink BC very far with big off-loads and still be able to recover below or even at-cost.
2. Each time BC 'fails to fail', it brings confidence to buyers, including new buyers, that their downside risk is limited and it's safe to buy.
3. Some of the big sells that temporarily slow the upward rise of our floor are BENEVOLENT, both in effect and in intent. They unload enough to keep progress steady rather than in violent, unstable spikes, and one can surmise these same people (mostly, at this point) will move swiftly to the buy-side. People don't want to be left behind.

This is precisely the trading dynamic that occurred in Bitcoin, most notably in the critical rise from $120's through the then historic prior high of 265-ish. After that all hell broke loose, the Chinese went insane, etc., etc.

ps It's 'Black Friday', not 'Blackcoin Friday'.

there is 8.5 Btc at 6900 sat
free market decide where the price will go
even pushing the price up is a wrong action
i think, after BlackCoin Friday and before the press release the price will go down, isn't true?

agree +1

If we can take a 10BTC chunk out of this whale at 6800 (keeps removing then re adding his order) then we have a clear path up to 7500

The guy is desperate - he is placing lots of small sell orders to try and convince you there is lots of sell pressure, he is placing massive walls and then quickly removing them when people start buying them up - this is good. We need to absolutely cripple this guys BC reserves - he has manipulated the market and kept BC down for two weeks now - those coins need to be in the hands of 50 individuals instead of one asshole.

Once again great job!!! I think it is fine the way it is. Anyone who has ever traded stocks/forex should clearly understand. I think you should consider removing SAT for either CAD or AUD. I purposely left out BTC when I suggested adding the prices for a reason. BlackCoin was developed to be the better coin, and whether we say it publicly or not we think BlackCoin is better than Bitcoin. I think we as a community want BlackCoin to become independent from Bitcoin. Just because something was developed first, or because more people use it doesn't mean it is better. So why if most of us here think BlackCoin is better, why do we need to display how much BlackCoin is worth in BTC/SAT?

I read the first draft of our press release and it focuses on the differences between BlackCoin and Bitcoin, and why BlackCoin is better. As Bitcoin prices keep dropping people are going to want to invest in another coin, and why can't it be BlackCoin?

Also, we keep having these debates between BlackCoin and Mintcoin, and I honestly do not know why. Every time one of us respond to a "Mint is better" post, we are giving Mint undeserved attention. When you are a boxer and you are hungry for the title, you do not keep fighting the boxer that you have already beaten, you go after the champion. We have already "beaten" Mint and we as a community need to focus on the Champion (Bitcoin). As a community can we pledge to ignore Mintcoin posts in this thread?

China news let people get greedy and crazy: http://www.reddit.com/r/Bitcoin/comments/223b4b/breaking_huobi_to_stop_3rd_party_payment_processor/

It is very hard to interpret the fluctuation of the BC price as a property of BC right now. I'd wait for the BTC to calm down to make mid-term predictions about the price of BC. The only thing I am confident about is that the multipool did a great job and that it really improved the stability of the price.