Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1174. (Read 2509934 times)

Hi,

I read a lot of comments here from community members trying to convince others not to sell. While I am convinced in BCs concept being superior compared to most other coins, I dont think this kind of behavior is really helpful, but rather make BC appear weak. I think to sell or dump your coins is given right of every coin holder. Is it our job to convince dumpers to act against the trend and the market? No!

People wont step in big in BC because they have a nice fluffy talk with the community members.. they step in big when they get a shock over lost profits when checking the coincharts in the morning at the breakfast table. Therefore, instead of blabbing around and shitting in our pants when someone announces to dump, we should instead rent all available hashing power and point it to the BC multipool to shoot this coin to the moon!!

Are there no guys around like me who are no techies and are not interested in mining, but rather in shares on renting a farm? Everyone could get his fare share of BC while we pushing the price up together at the same time! For me that seems to be the most promising option of pushing BC. We could add some decent GH to the multipool instead of sitting around and waiting for any miners to join..I wonder why cant I see any initative in this direction so far?

Cheers
mikenz

Let's have a once monthly International Blackcoin rent-a-farm day. Say, the first Friday of every month - we can call it Black Friday -Everyone who can rents a fucking GPU-farm for 24 hours and hits the Blackcoinpool. It would be a great way to bring the worldwide Blackcoin community together.

Interesting to see that the price has risen quite well the moment that the Bitcointalk forums came back up.

Could very well be a coincidence, or it just goes to show what the social benefits are for the welfare of the coin

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

If you have contributed to the project and you do not see your name listed, please PM me so I can list your name publicly.

PS: To everyone who donated, you will receive an advance copy on the press release this weekend.

Contributors Updated


mrbenjie
PeterPalmBeach
taoway
TheGift73
coinpredator
MuffinMaster
jamieb81
CryptoSteam
artiface
noerc
SunnyIgor
JamesR1
YAdaminer
svojoe
ptic-1
cyrilbf
StuartGT
now2ai8
krjalone
UdjinM6
Luxasd
xolokram
mr_random
altuinx
converge80
Chase
ubba
mrwalker1750
ski92
brammien
Creaxy
metacrap
goblynn
a1phanumrc
Packrack101

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

Goal Raised!!! BC: 22432

I want to thank everyone who contributed to this project and I am looking forward to BlackCoin making some news next week!!!

Blackcoin Community Press Release Project

Hi everyone! The past few days there have been some concerns with BC price dipping a bit, and other concerns that the Volume has decreased by more than half. I would like to point out that BlackCoin is just over a month old and it has gained a lot of value in a very short span of time.

That being said I do believe more can be done on the PR side of things to start generating some positive buzz around BlackCoin. We need to be different than the other cryptocurrency communities and approach mass adoption differently. Most investors that might be interested in investing in BlackCoin do not go to these forums, nor do they read websites related to cryptocurrencies. So we have to bring the BlackCoin news to them.

I have a writer I have used for over 7 years and he write all my press releases. I am writing down BlackCoin's key benefits and he will then write the release. I use a PR service that will submit our release to all the top business and financial sites. This should be the first step at introducing BlackCoin to the masses.

Everyone here already knows the benefits of BlackCoin so I wont list them all. However, in the press release I want to point out BlackCoin is not an ordinary cryptocurrency. It is more like a t-bill/bond/savings account for cryptocurrency. Whereas Bitcoin and other cyrptocurrency prices fluctuate wildly based on postive/negative news, BlackCoin prices are less volatile and a better overall investment.

I am going to schedule the release for the week of April 8th to coincide with the Cryptocurrency Convention in NYC . Once the press release is live the community can start posting links to the release everywhere we can.

I am going to use my own money to pay the writer and the press release distribution service. The writer charges approximately $80 depending on how many words,  and the press release service charges $499+ to distribute to financial websites including Yahoo! Finance, Bloomberg, and the Wall Street Journal to name a few.

If you guys want to contribute and help with the cost you can send contributions here: BQQsUdYaqCGUDhdXPADto1gKwvEA2a92TP

I don't think it matters,  My opinion though is that BC is unpredictable and should be valued much much higher than it is now.  So when I buy BC, I always buy a 'sell' order.  I don't set a buy order much lower.  I did that once a couple weeks ago and I didn't buy a single BC when the price tanked sharply then jumped back up before touching my buy order.  I would have 30,000 more BC today if I just bought at market and we won't ever see those prices again.

if i would buy a decent amount now, should i do it in small increments or in one trade?

if i would buy a decent amount now, should i do it in small increments or in one trade?

if i would buy a decent amount now, should i do it in small increments or in one trade?

i think right now its about 1-2bc per gh i could be wrong because i was messing around with cgminer and got sidetracked and forgot to start it up until about 3pm..with 7.5gh/s i got payed 6 bc for like 10 hours of work maybe?!?

ill know better tomorrow...asic running strong

Do we have any rough idea what the BC per Ghs payout is at the moment?

It should, and could if all of us just held our coins.

What I Don't think many people understand is that the multi-pool will buy the coins no matter what the price is.  If the coins are 5,000 sats it will buy them, or 20,0000 sats it will buy them pushing the price up further.  The only possible way the price could be low, or not always climbing slowly and steadily is if people dump coins on market 'faster' than the multi-pool can buy them up.

It goes like this,   

Person A, reads fake news article from China about BTC and BTC price drops
Person A panics and sells 20btc worth of BC at market  ($400 profit)
BC price goes down
Multi-pool buys 10btc worth of BC at market price goes up.
Person B see's BC price down from 3 hours ago and decides to sell 10btc worth of BC "before its too late to dump" ($700 profit)
Multi-pool buys 10btc worth of BC at market price goes up,  (but still not as high as before first seller, because multi-pool needs more time to generate 10 more bTC)


So what we have is Person A and Person B, both decide to dump BC and take profit ($400 and $700)
This cause BC price to drop 7% for the day (over 24hr)  Because they are 'panic dumping' BC faster than the pool can buy the price goes down for the day.

If Person A and Person B realized that BC has a multi-pool that will always push the price upwards if no one sells lower they would have not sold coins to take small profit.   Instead the Multipool would have bought 20 BTC worth of BC at market and he price would be much higher.   Now Person A and Person B would both have $900 and $1700 worth of BC instead of much less in BTC (which has been dropping)

If Everyone held like Person A and Person B and BC became worth 150,000 SATs,   Then you can sell very small amount and take massive BTC.   And you could give someone new a chance to have some BC.



Black coin is the first coin that puts us in total control of its value.   There are no miners to dump at market and lower the price, and there is no high inflation to debase the value.   Black coin does not even require new people everyday to buy at market to keep price stable.   If the pool has *any hashrate* the price will climb always. Always!

Our DEV's shall not waste time cooking!   Show your support anyway you can!

Last payout was about 90 bc / mhs

Looking forward to the roadmap and the stats update of the mp, those reports hould be up soon

would someone mind showing the best .bat file configuration for multiple R9 280x's?  thanks.