Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1169. (Read 2510302 times)

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

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)

The problem with the crypto-currency community is the majority of the community thinks we should focus on the tech world first. That is just a very small % of the population. For any crypto-currency to succeed it will have to be Grandma proof.  As big as Bitcoin is, if you still ask the average individual about Bitcoin they would not have a clue what you were talking about. And when you introduce someone new to Bitcoin the learning curve is too much for most people. That needs to change....

I recommend you use GUIMiner-Scrypt..it's much easier to set-up

https://bitcointalksearch.org/topic/guiminer-scrypt-a-guiminer-fork-for-mining-scrypt-chains-150331

I did just use http://www.virwox.com successfully. You have to buy some linden dollars, which fast transfer to bitcoin. You get the current rate then it takes 48hrs (seems long) to get to you for a new customer. It's not fast to receive your coin, there's the normal fee but it felt fast and safe. They have different fiat options.
Prelude could be great. But the options are really tricky and limited for people.

Give it some time to stabilise. It should be closer to cgminer's "WU" value instead of your raw hashrate, as far as I know.


Thanks futile!

About 80 at the current price I think.

How many BC's will the multipool pay per MH approximitely?

Does anyone know why BlackCoinPool only shows half of my hashrate? I mine with about 590 Kh/s, and it only shows about 270 kh/s.

What causes this? How to fix it?

Prelude.io has fiat/bc and btc/bc, they're pursuing full finCEN compliance and are registered in Wyoming. A Coinbase type service might not be as far away as you guys think. Moolah will be putting out ATMs soon as well, so if we have enough volume on Prelude, it's likely we'll be on their ATMs as well.

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

Done it!!! Stats also starting to show on Blackcoin Pool

Completely my error when extracting the sgminer data from .zip. Omitted to extract the kernel file that contained the necessary .cl files.

Changed I: to 10 from 13 as I am watching Netflix and surfing etc. Will increase later.

https://i.imgur.com/wYictt3.jpg

My hash is average of 59.72Kh/s at the mo, which I know I can improve by tweaking the options in the .conf file.


Launch - Scrypt.bat working file:


I haven't changed any other options in the .conf due to not knowing what exactly they do.

My card is a AMD Radeon HD 7870, so if anyone else has any suggestions or mines using this GPU, can you give me some config tips to get my Kh/s up (unless that is the best I can do - not sure?)

Can XbladeX, SunnyIgor DM or post their BC Address so I can send some coins for helping me.

I'll leave up the final .conf and .bat files as it may help someone else out. Not easy when you have no clue where to start, so glad of the assist.

Hm. They are insolvent and they probably will be for a while.

hello,

is that some one has news about cryptorush? my BC are still stuck on the platform as well as my bitcoins!
thank you in advance for your answers

I agree 100%. However, services like Coinbase are not going to be able to last long if they do not branch out to other coins. In regards to BlackCoin, it is hard to tell an "old school" investor he/she should buy BlackCoins and try to walk them through the current process. For us it easy, for the non techie it is nearly impossible.

I agree that the section "buy blackcoin" could probably be moved so it's just under the wallet download section. I remember early marketing classes that always said people who visit websites (for information or out of curiosity...not an invested user) are much less inclined to click around or scroll down and are more interested in what is right there on their screen - attention spans are short (initially) so ease and simplicity are big to hook in new people.

A localbc is probably more feasible then trying to exchange cash

That figures, my maths is bad 

You must be new here lol. You mine at the Blackcoin multipool, which mines PoW coins and uses the proceeds to buy up Blackcoin, and pay out in Blackcoin to its miners. It's beautiful. It's brilliant. It's badass.

Now, what some people don't realize about the multipool is that, if it didn't exist, the vast majority of us mining there would be doing independently and individually what it does collectively: mining other coins and trading out for Blackcoin.

Its main function is two-fold:
--It solidifies the community
--It makes it a lot more convenient to trade into the coin we want, thereby increasing participation (many of us would find it tiresome to do all that trading).

Is the Blackcoin pool in itself detrimental to other coins? No. First, because we'd individually be dumping many other coins anyway as just mentioned. Secondly and more importantly, because we are adding liquidity to the other markets and in fact creating buying opportunities for people interested NOT in Blackcoin, but the other coins whose price may dip when when the pool sells. This latter point may be hard for noobs to get their heads around. But anyone who was into BTC last year will remember the strange feeling of fervently wishing its price would drop sharply, so they could buy more. Decent coins, just like quality stocks, will see buying interest kick in when the price is attractive. That's how markets work. So if you hear us talk about 'crushing' other coins, forgive us. We are just stoked about Blackcoin and get a little rowdy, just like fans do at a football game. It's just human nature and totally harmless.

I think there are a couple blackcoin exchanges in the works.

We also need a dummy-proof guide for mining at the multipool on the site.

edit: Moolah's Prelude.io has blackcoin/usd.

Whilst it would be amazing I think realistically a Coinbase type service coming on board this early is unlikely. Remember the big problem with running a fiat exchange is regulation (compliance on a day to day basis and then the cost of having the relevant licenses). So I can't see someone here setting up a service like this for Blackcoin from scratch either.

Instead I think we should focus on the simple easy things, such as making blackcoin.co as user friendly as possible and also as you say prominently directing visitors towards an exchange.

The best route into Blackcoin is probably still by buying Bitcoins. Perhaps we could even have on blackcoin.co the steps eg buy 1 bitcoin at coinbase at this link, then sign up for free at mintpal and place a buy order for 1btc worth of blackcoins.

Yes try cgminer 3.7.2.
Or find version with those missing files