[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1168.

zeta93

newbie

Activity: 42

Merit: 0

Quote from: heartastack on April 01, 2014, 10:21:25 PM

Quote from: zeta93 on April 01, 2014, 10:17:26 PM

Quote from: StolenCoinSalesman on April 01, 2014, 10:11:36 PM

Quote from: zeta93 on April 01, 2014, 10:00:56 PM

walls just to drive the price up, and sell with high price, then the Dump come
is this how it's work?

I seen the 10-12 btc buy wall always under the other buyers too, but now its gone.

that what i mean, the walls are there just to drive the market, and fool the buyers, and when they arrive to their target price and the buyers are dry, they dump the market and buy low, and leave the buyers with expensive coins for a week before the market come up again, isn't true?

True, but unlike other coins, this will only happen to blackcoin at 300-500 satoshi, and not just kill the coin back to 0 value like others

yes i see you are right, so here you have a good possibility to trade and make profit, (buy and sell) important not to lose faith in the coin and drop it cheap

heartastack

hero member

Activity: 714

Merit: 500

Quote from: zeta93 on April 01, 2014, 10:17:26 PM

Quote from: StolenCoinSalesman on April 01, 2014, 10:11:36 PM

Quote from: zeta93 on April 01, 2014, 10:00:56 PM

walls just to drive the price up, and sell with high price, then the Dump come
is this how it's work?

I seen the 10-12 btc buy wall always under the other buyers too, but now its gone.

that what i mean, the walls are there just to drive the market, and fool the buyers, and when they arrive to their target price and the buyers are dry, they dump the market and buy low, and leave the buyers with expensive coins for a week before the market come up again, isn't true?

True, but unlike other coins, this will only happen to blackcoin at 300-500 satoshi, and not just kill the coin back to 0 value like others

zeta93

newbie

Activity: 42

Merit: 0

Quote from: StolenCoinSalesman on April 01, 2014, 10:11:36 PM

Quote from: zeta93 on April 01, 2014, 10:00:56 PM

walls just to drive the price up, and sell with high price, then the Dump come
is this how it's work?

I seen the 10-12 btc buy wall always under the other buyers too, but now its gone.

that what i mean, the walls are there just to drive the market, and fool the buyers, and when they arrive to their target price and the buyers are dry, they dump the market and buy low, and leave the buyers with expensive coins for a week before the market come up again, isn't true?

StolenCoinSalesman

sr. member

Activity: 385

Merit: 250

Quote from: zeta93 on April 01, 2014, 10:00:56 PM

walls just to drive the price up, and sell with high price, then the Dump come
is this how it's work?

I seen the 10-12 btc buy wall always under the other buyers too, but now its gone.

zeta93

newbie

Activity: 42

Merit: 0

walls just to drive the price up, and sell with high price, then the Dump come
is this how it's work?

virtualfaqs

hero member

Activity: 700

Merit: 500

Quote from: virtualfaqs on April 01, 2014, 09:35:53 PM

8.9 BTC Buy Wall at 6900 Grin

12 BTC Buy Wall moved to 7000

virtualfaqs

hero member

Activity: 700

Merit: 500

8.9 BTC Buy Wall at 6900 Grin

Ximp

sr. member

Activity: 336

Merit: 250

CS Student - BC Logo Guy

https://www.youtube.com/watch?v=SvsAqkOhI48

virtualfaqs

hero member

Activity: 700

Merit: 500

Another Huge wall coming 9 BTC Wall @ 7200

Seller pulled 3 BTC off WAll. Sensing trouble. haha

WALL DEMOLISHED!

alison03

sr. member

Activity: 294

Merit: 250

★Trash&Burn [TBC/TXB]★

whoa.

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quote from: virtualfaqs on April 01, 2014, 09:05:57 PM

Approaching 8 BTC Wall @ 7000 sats.... Cool

HUGE BUY!!! WALL DEMOLISHED INSTANTLY!

BC reaches #19 and surpassses Infinitecoin

aaaaand it's over 7000 ))

virtualfaqs

hero member

Activity: 700

Merit: 500

Approaching 8 BTC Wall @ 7000 sats.... Cool

HUGE BUY!!! WALL DEMOLISHED INSTANTLY!

BC reaches #19 and surpassses Infinitecoin

IconicExpert

full member

Activity: 168

Merit: 100

Quote from: artiface on April 01, 2014, 08:17:09 PM

Virwox will work to get from dollars into cryptos, using paypal or credit card, but you will pay a high price in fees and have to deal with multiple exchanges to get BC.

coinbase and localbitcoins are great services to get your dollars into bitcoins and usually can get you bitcoins the same day, but then you will need to move them to an exchange to get BC...

Prelude.Io will allow you to buy directly with dollars, but you have to be verified and you need to make a bank wire transfer or go to a wells fargo bank and deposit to their account. also you will find not a lot of volume there so you will probably pay a high price if you can even buy the amount you are looking for. (Please people consider buying and selling even small amounts of BC on prelude.io to help with this! More volume trading there will also encourage them to add BC to their other services including payment services and coming soon ATMs)

all of these options make BC adoption a bit difficult for the average person who is not already versed in cryptos.

This is what we as a community need to work on, and it is not an easy problem because of financial regulations, but one we will have to face at some point if we want BC to continue to grow and someday rival BTC.

+1

I was just checking their site out, this is exactly what BC needs. Prelude.io makes it very simple to buy BC. However, you are correct the volume is way too low Sad

.

JamesR1

full member

Activity: 294

Merit: 100

Well, I'm just saying its a reasonable option. It's good to see some perspective and comparisons on it.

MuffinMaster

sr. member

Activity: 1414

Merit: 265

Pepemo.vip

Quote from: STT on April 01, 2014, 07:05:36 PM

A localbc is probably more feasible then trying to exchange cash

Quote from: Charloz24 on April 01, 2014, 06:30:12 PM

Quote from: STT on April 01, 2014, 06:27:31 PM

So 365 BC should more or less give another 1 coin per day per wallet

No, it's 1/365% per day so 365 coins = 365*0.000027397 = 0.01 coin per day

That figures, my maths is bad Shocked

you also get the transaction fees

jamieb81

sr. member

Activity: 308

Merit: 250

Yeah I would love to use Moolah, but as I'm in Europe I cannot buy trough fiat as it's USA banks only Wink

heartastack

hero member

Activity: 714

Merit: 500

Quote from: maarx on April 01, 2014, 08:12:45 PM

Quote from: maarx on April 01, 2014, 01:40:01 PM

In the meantime- a betting.

24hr high is:

> 7000 satoshi
send bets to: BQBDLAkn1JbjBdCHodk8CHMWNsifuqAFgf

< 7000 satoshi
send bets to: BRhTsxk3mPBCEpJvshhFwEPexi7kZYFdPG

Send me PM with your name/ address if you bet!

The "score" will be taken from Mintpal at midnight GMT.

Payout will be (total BC received * your BC sent / total winning BC sent). Losses will not see any BC back. Wins will see their BC back + percentage

Midnight GMT:
Alright- we received 4 bets:

> 7000 satoshi
50 BC from "the 50 BC guy"

< 7000 satoshi:
100 BC from TheGentleman
100 BC from Foaman
500 BC from ColinFX

The end result:
24 Hour High: 0.00006779

Congratulations on the < 7000 betters. 50 BC will be divided amongst them, based on betting proportion.

Have a good day

Holy crap, don't spend it all at once! Lambo or Porsche? Hard decision.

artiface

full member

Activity: 238

Merit: 100

Virwox will work to get from dollars into cryptos, using paypal or credit card, but you will pay a high price in fees and have to deal with multiple exchanges to get BC.

coinbase and localbitcoins are great services to get your dollars into bitcoins and usually can get you bitcoins the same day, but then you will need to move them to an exchange to get BC...

Prelude.Io will allow you to buy directly with dollars, but you have to be verified and you need to make a bank wire transfer or go to a wells fargo bank and deposit to their account. also you will find not a lot of volume there so you will probably pay a high price if you can even buy the amount you are looking for. (Please people consider buying and selling even small amounts of BC on prelude.io to help with this! More volume trading there will also encourage them to add BC to their other services including payment services and coming soon ATMs)

all of these options make BC adoption a bit difficult for the average person who is not already versed in cryptos.

This is what we as a community need to work on, and it is not an easy problem because of financial regulations, but one we will have to face at some point if we want BC to continue to grow and someday rival BTC.

IconicExpert

full member

Activity: 168

Merit: 100

Quote from: Miner232432 on April 01, 2014, 07:54:36 PM

Quote from: IconicExpert on April 01, 2014, 07:41:08 PM

Quote from: Miner232432 on April 01, 2014, 07:21:00 PM

Quote from: IconicExpert on April 01, 2014, 06:39:44 PM

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?

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

Quote from: maarx on April 01, 2014, 01:40:01 PM

In the meantime- a betting.

24hr high is:

> 7000 satoshi
send bets to: BQBDLAkn1JbjBdCHodk8CHMWNsifuqAFgf

< 7000 satoshi
send bets to: BRhTsxk3mPBCEpJvshhFwEPexi7kZYFdPG

Send me PM with your name/ address if you bet!

The "score" will be taken from Mintpal at midnight GMT.

Payout will be (total BC received * your BC sent / total winning BC sent). Losses will not see any BC back. Wins will see their BC back + percentage

Midnight GMT:
Alright- we received 4 bets:

> 7000 satoshi
50 BC from "the 50 BC guy"

< 7000 satoshi:
100 BC from TheGentleman
100 BC from Foaman
500 BC from ColinFX

The end result:
24 Hour High: 0.00006779

Congratulations on the < 7000 betters. 50 BC will be divided amongst them, based on betting proportion.

Have a good day

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1168. (Read 2509934 times)