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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1175. (Read 2510302 times)

member
Activity: 97
Merit: 10
Price is not moving! Is it  a good sign or bad?

Its good, it means no one is selling any coins,  and that the multi-pool has not yet purchased coins at market.  When it does the price will tick up like clockwork.   

I would prefer people buy at market too, but that is okay,  this is the only coin that will keep going up even if no one buys it because the multi-pool will buy it if it has any miners (which it has hundreds right now)

You are a big Blackcoin fan.  Multipool is great to keep the steady increase of BC price.
While only accepted by shop can make it more valuable. 
full member
Activity: 126
Merit: 100
Just bought 1K Blackcoins on MintPal. Had to buy Dogecoins with Google Wallet then convert to Blackcoin on Mintpal. Don't mind the premium and conversion rate because I know Blackcoin is worth so much more.
full member
Activity: 138
Merit: 100
would someone mind showing the best .bat file configuration for multiple R9 280x's?  thanks.
legendary
Activity: 968
Merit: 1000
einc.io
Price is not moving! Is it  a good sign or bad?

Its good, it means no one is selling any coins,  and that the multi-pool has not yet purchased coins at market.  When it does the price will tick up like clockwork.   

I would prefer people buy at market too, but that is okay,  this is the only coin that will keep going up even if no one buys it because the multi-pool will buy it if it has any miners (which it has hundreds right now)
sr. member
Activity: 382
Merit: 250
Price is not moving! Is it  a good sign or bad?
full member
Activity: 126
Merit: 100
Support @ Moolah hasn't added Blackcoin to their escrow service yet like they told me they would. Please email their support and let them know you are interested so we all can buy and sell Blackcoins on forums and marketplaces with escrow security.
member
Activity: 70
Merit: 10
what's being mined right now?
legendary
Activity: 968
Merit: 1000
einc.io
Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  Tongue

I based my math on 100 not 500, but yea 1000% is still excellent!

Can you imagine if BC value increased 1000% every month?


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!

sr. member
Activity: 476
Merit: 250
Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  Tongue

I based my math on 100 not 500, but yea 1000% is still excellent!

Can you imagine if BC value increased 1000% every month?


Where can i sign up Wink.

full member
Activity: 168
Merit: 100
Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  Tongue

I based my math on 100 not 500, but yea 1000% is still excellent!

Can you imagine if BC value increased 1000% every month?
sr. member
Activity: 292
Merit: 250
Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  Tongue

yes right...i was looking at the cryptrader page and saw the 0.000025 and mistook that for 0.0000025...my bad Wink
hero member
Activity: 644
Merit: 500
Coin bottomed around ~500. So 1000% not 4900%. Still a good gain though.  Tongue
full member
Activity: 168
Merit: 100

Let's all be honest here the multipool doesn't really have any effect on price. It's just good old fashioned price manipulation

Its math,  X hashrate on the pool translate into X btc into X BC purchased at market price.  The pool absolutely affects the price.  What the pool can't affect is people panic dumping, and people not recognizing that BC is immune to most methods of debasement.

Everyone treats BC like it has the same weakness as any other coin,  The best I can assume is that  they 'just don't get it yet'.   I hope that they do 'get it' before its too late for them.



Off topic...how much would you say BlackCoin has increased in value (percentage) since launching?

coin was about 100 sat when it was first released..now its hovering round 5000...thats from march 13 to march 31

https://cryptrader.com/charts/mintpal/bc/btc

Thank you. So that is a 4900% gain in just over one month.
legendary
Activity: 1036
Merit: 1000
You guys should not focus on price, but in generating an economy.

If not BC will be just an expensive token, real value comes from use of the coin.

The rest are just hopes.

Agree

BC value is you and his community

It's stronger than anything else, if you are faith we can move mountains, together

Stop focus to the price and keep your BC

newbie
Activity: 42
Merit: 0
A coin should focus on real economy

Not a multipool thing that a banker sees as a pumping by the same investors.

Blackcoin is good, i want it to live long and help spread crypto to the masses.

BC Community should ask for this to happen is they want to survive this sharks game.

thats my 0.02BC
full member
Activity: 168
Merit: 100
You guys should not focus on price, but in generating an economy.

If not BC will be just an expensive token, real value comes from use of the coin.

The rest are just hopes.


That is a myth. The are many coins currently accepted by merchants and payment services, and those coins aren't doing well. What makes a coin successful is the community getting the word out, and media attention. Yes a coin also needs people using it for commerce, but that is just one factor.
sr. member
Activity: 292
Merit: 250

Let's all be honest here the multipool doesn't really have any effect on price. It's just good old fashioned price manipulation

Its math,  X hashrate on the pool translate into X btc into X BC purchased at market price.  The pool absolutely affects the price.  What the pool can't affect is people panic dumping, and people not recognizing that BC is immune to most methods of debasement.

Everyone treats BC like it has the same weakness as any other coin,  The best I can assume is that  they 'just don't get it yet'.   I hope that they do 'get it' before its too late for them.



Off topic...how much would you say BlackCoin has increased in value (percentage) since launching?

coin was about 100 sat when it was first released..now its hovering round 5000...thats from march 13 to march 31

https://cryptrader.com/charts/mintpal/bc/btc

EDIT...misread a chart it was actually only down to 500 satoshi
sr. member
Activity: 434
Merit: 250

The Blackcoin pool is a joke too it doesn't really have any effect on price it was just a tool to use to help with manipulating people during pumps. Nothing about this coin is honest

It's just an ongoing pump dump pump

Thanks for posting and thanks for providing copious amounts of support for your position. I can see by your intricate analysis that you are an expert in this area.

ROFL!!!!!

Seriously dude, you need a reality check. Everyone has seen this crap here dozens of posts before yours. No one listens to opinions of pure FUD. I'm going to start calling you Elmer FUD. LOL!
newbie
Activity: 42
Merit: 0
You guys should not focus on price, but in generating an economy.

If not BC will be just an expensive token, real value comes from use of the coin.

The rest are just hopes.
full member
Activity: 168
Merit: 100

Let's all be honest here the multipool doesn't really have any effect on price. It's just good old fashioned price manipulation

Its math,  X hashrate on the pool translate into X btc into X BC purchased at market price.  The pool absolutely affects the price.  What the pool can't affect is people panic dumping, and people not recognizing that BC is immune to most methods of debasement.

Everyone treats BC like it has the same weakness as any other coin,  The best I can assume is that  they 'just don't get it yet'.   I hope that they do 'get it' before its too late for them.



Off topic...how much would you say BlackCoin has increased in value (percentage) since launching?
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