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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1161. (Read 2510302 times)

hero member
Activity: 490
Merit: 500
Just bought 0.05 BC with some leftover BTC on coinedup... To the moon!!!!  Grin Im so poor.
hero member
Activity: 588
Merit: 500
Anyone here of the x11 hashing algo?
hero member
Activity: 938
Merit: 1000
@halofirebtc
IRS decision concerning miners record keeping has more impact than China's ban. Chinese can still own btc and not have to pay tax on it now since China is forcing btc back underground which ultimately helps btc.
member
Activity: 64
Merit: 10
We need a service like CoinBase that will make it easy for the "grandma" investor to be able to buy BlackCoins without the extra steps. We as a community need to come up with a solution for that in the near future.

Why would "Grandma" want to exchange fiat for blackcoin to buy things she could buy with fiat in the first place ?

Let's not kid ourselves here, if you're trying to target Grandma or even average Joe then you're targeting the wrong demographic because using anything but fiat would be an inconvenience to them and they will not appreciate the value of crypto currency over the current shackles of fiat.

To make crypto's successful we need to bring in more people from the tech world first to pioneer these currencies before we get the general populace on board, if we had it so kids badgering their parents couldn't buy the latest games or technology without having crypto's to buy them with then it would essentially go a hell of a long way to breaking free from fiat which is the core ethos of crypto's.

Target indie developers, bring those people on board because they are the future for the ever expanding tech world and technology is the future

Did you read what I wrote? There are two uses for crypto-currencies.

1.) People use them to invest.
2.) People use them to buy things.

I am an investor but I also happen to be a techie. I have many Wall Street friends who would be thrilled with a 1000%+ ROI in less than seven weeks. However, trying to explain how to buy BlackCoin is a task. Yes it would be great to be able to buy real things with BlackCoin, but we cannot forget that what also keeps any currency relevant are the investors. That is also true for Fiat currencies (Forex)

So essentially you're doing all this so you can get people to pump the price then dump for 1000% ROI

What keeps any currency relevant is daily trading at a stable level, it's why fiat is so successful and so hard to break away from because I know that I can buy a Mars bar for 40p and will likely be able to buy another in 6 months time for 40p. The same cannot be said for crypto's just in a month BC has gone from 2k to 500 to 4k to 8k to 4k to 5k to 6k. For any of these coins to be taken seriously we need long term stability and people coming in for 1000% ROI are not the people we want to make these coins successful because they're just going to create even greater instability with their initial pump and eventual dump.

When we can back our crypto's against real world items be it niche gadgets or indie games or something completely out of the box in order to have stability then we can start attracting the general populace because as long as our crypto's are backed against fiat they're never going to stable or taken seriously

Please do not assume what my intentions are. Just because someone invest in a currency or stock and reach a 1000% ROI doesn't mean they will automatically dump. Also, you are naive if you think BlackCoin wouldn't be where it is without investors pumping and unfortunately dumping. The value of any crypto-currency would not increase if people are not actively buying, selling, and occasionally dumping. Who do you think is spending 30+ BTC at a time buying coins? I assure you it is not some 16 year old in his mother's basement. So if you do not like pumps and dumps I suggest you find another hobby. Because once hedge fund managers shift their focus to crypto-currencies, you will wish you could go back to these days.

BTW: Yes I am trying to pump the value of BlackCoin, but it is NOT to dump the coin. Most people here are trying to pump the value of the BlackCoin. What do you think the purpose of the multipool is for?

Thank you for your advice
You said it makes sense
I'm afraid we'll have to be leaving
legendary
Activity: 1457
Merit: 1001
I'm waiting for the wall street whales that will come soon on the exchanges. I think we will see a rebound

u mean the Remora Fish? being opportunistic while the shark is busy?
member
Activity: 64
Merit: 10
I'm waiting for the wall street whales that will come soon on the exchanges. I think we will see a rebound

Rebound?
Will be waiting for the whale in Wall Street?
Not as good as waiting for the China
member
Activity: 116
Merit: 10
First of all, while posting things try to blur out sections that include your personal information! The 666 orders are satan's way of saying: Once you go black ...
legendary
Activity: 1457
Merit: 1001


lots of 666 BUY orders

explain please...?
legendary
Activity: 1344
Merit: 1001
I'm waiting for the wall street whales that will come soon on the exchanges. I think we will see a rebound

For sure.

Even if wall street takes 5 year price will rebound before then.

Price was $200 before the major china pumps last year and still only 0.01% of people use bitcoin probably even a thousand times less than that. Lots of growth ahead with or without china.
sr. member
Activity: 308
Merit: 250
I'm waiting for the wall street whales that will come soon on the exchanges. I think we will see a rebound
member
Activity: 64
Merit: 10
Quote
Bitcoin and Litecoin are crashing.

why!?
because of fitch?
Because of China.

The impact of each policy China to coin is too big
A lot of people had to leave
We very heavy losses
sr. member
Activity: 504
Merit: 253
Quote
Bitcoin and Litecoin are crashing.

why!?
because of fitch?
Because of China.
full member
Activity: 168
Merit: 100
It's funny with so many dishonest thieves all in one place I don't understand how any of you can trust the other. It sure looks like one of you is lying and selling off more coins than they should be

I am slowly gaining BC through buying and the pool,  Everyone who dumps BC is slowing giving me more control over BC, and hundreds of others like me who are not going to sell until the price goes up a order of magnitude from here.  

Once people like me lock-down a majority of the outstanding BC you won't be getting anymore cheap.  BC is going to make a few hundred people who understand what is going on here rich.  

I'm going to keep buying and mining BC,  I will even rent more rigs to throw at the pool,  Soon the pool will become most profit pool to mine on because BC price is up,  then everyone will mine BC,  then the price will go up up UP!  Then it will still be most profitable.  Next thing we know we are starting to challenge LTC.   That is what is in our future if even a portion of us buy, mine and hold.    

We are in control,  you have to ask yourself do you want crypto to make you rich?   If you do.  You Buy, Hold, Mine.  Period.

+1

You are wasting your key strokes Smiley. People do not understand this coin is only several weeks old and is up 1160%. They don't realize it has the most volume than any other coin on Mintpal. All of the data is right in front of them and they keep selling low. I am not mad at all because I keep snatching up all these cheap coins. Even when this coin reaches $5.00, and it will, I am NOT selling! IMO BlackCoin is the first brandable coin. Everyone that is smart enough to hold will be millionaires in a year.
member
Activity: 112
Merit: 10
Quote
Bitcoin and Litecoin are crashing.

why!?
because of fitch?
legendary
Activity: 1344
Merit: 1001
Boggles the mind how people are dumping right now - a rat could spot a trap better than these people.

Bitcoin and Litecoin are crashing. Tends to drag almost everything down with it. We're only down 2% compared to 24 hours ago, most cryptos are down 10 to 30%
member
Activity: 116
Merit: 10
full member
Activity: 154
Merit: 100
Boggles the mind how people are dumping right now - a rat could spot a trap better than these people.
legendary
Activity: 1344
Merit: 1001
BlackCoin Rewards Card Update!!!

I decided to re-post this one more time because we had a lot of troll activity this morning, and I am sure a few people who are interested missed it.

I just finished making a cup of coffee when I received this wonderful email!

-------------------------------------------------------------------------
Hi redacted,

Thank you for the follow up email.

Based on the information you had provided, we can certainly submit your account request to our issuing bank to see if we can get the reward and incentive program approved. This would need to be a non-reloadable co-branded card program based on your card needs.

Does this work?  Would you like to proceed with the account set up process?

Many Thanks,
redacted


-------------------------------------------------------------------------

Yesterday I sent her a follow up email after not hearing back from her, and I also sent her more information on a few idea changes to make it easier to get approved. I am not going to post my idea changes publicly because it has come to my attention that another community is trying to copy our efforts. Imitation is the best form of flattery Smiley

This was a major hurdle to overcome because they do not just submit to the issuing bank unless they are fairly confident it will be approved. I want to point out this does not mean we are approved, but the BlackCoin Rewards Card is closer to becoming a reality!

I think I am going to add a little Mint cream in my Black Coffee  Wink


I am impressed. Please keep the updates coming, I read this topic daily and somehow missed this!
sr. member
Activity: 248
Merit: 250
To summarize questions about BlackCoin security:
51% PoS attack is possible of course.
I'm aware of pre-computation problem. It will be addressed. (https://bitcointalksearch.org/topic/m.6034634)

Also, my opinion about if there is something at stake: https://bitcointalksearch.org/topic/m.5672995
If you disagree with this, sorry, BlackCoin is not secure for you.

Thanks rat4. I agree with your opinion on the "nothing-at-stake" problem, because (from my understanding) as long as the majority of the miners has an honest wallet software that would sync the forks to one single blockchain then the network is secure. While from a game theoretical perspective each one would slightly gain from mining on different forks, I am actually confident that still most miners will act in favor of the stability of their own currency.
legendary
Activity: 1344
Merit: 1001
It's funny with so many dishonest thieves all in one place I don't understand how any of you can trust the other. It sure looks like one of you is lying and selling off more coins than they should be

And....ignored.  Wow, it's getting easier and easier to spot and ignore the trolls before they get fed and grow into a week-long monster.

Yup the two confirmed trolls are

- moderndezigns

and

- mgburke77
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