This can not be done with other coins because all other coins are being mined they are proof of work. Its only possible with proof of stake. Blackcoin cant be mined so its
immune to dumping. Its the first true 100% proof of stake! It can be used to prove the point that mining is a waste of power and time. Blackcoin is faster, and POS is better.
Peercoin has no community. Thats the problem. So other coins can try to mine other coins to buy their own but that would drop the difficulty of their own coin.
If their difficulty drops, they would have to mine their own coins again. Thus, it detracts from the intended deflationary nature of their coins!!!! People do not
realize that Blackcoin is the only coin that can win the war because they can use the mining power to buy itself which is limited in supply! I have no idea why this coin
is not at least 10 times what it is now. Any miner who does not mine this coin is insane. Every miner should move in on Blackcoin.
What happens when other pure POS coins starts doing the same thing. The more different coin's multipools there are competing with each other, the less money each multipool will make to buy their own coin with. Could it result in a few giant multipools dominating the market and squeezing out the smaller multipools and their coins?
POS cannot fright each other direct but like rather with communities.
You are seeing here many "Mint fans" trying FUDs, advertising ext... "Buy Mint" bla bla...
This is that kind of fight.Dirty but their damge their own coin more that way.
( Sorry for Mint community buy only they come here and bash BC... i didn't saw any HBN,PPC,Nova,NXT user blaming BC like Mint is doing)
More multipools is ok because not all coin need to be mine with 10Ghs..
or 2Ghs... Smaller pools are trying adjust to situation.If any main pool fails you just swith to other it is harder DDOS 4 pools than just one.
Those pools are destroying price of POW coin only not POS... There is no matter if people are mining for BTC,BC,NXT...
POS coin price can be destroyed only by inpatient owners or people who really need cash out even on low.
People are considering BC like store of wealth.(that is why BC MP so great)
NXT this very good coin to pump that way but only when you subtract that factor it was 1st distributed to only 72 people...Plus BC over NXT is that you can get you 1% stake after year of holding coin in wallet in same time NXT require being online al time if you want POS minig.
NXT was considering as good coin only alternative to POS system but BC is superior in distribution and not being premine just free market here.
NXT was 100% premined...But those are only my thoughts