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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1210. (Read 2510302 times)

sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
After some talk with Coinpayments.net they have decided to add Blackcoin!!

If you find a store accepting Coinpayments but not BC, ALWAYS send the store an email to start accepting it.

https://www.coinpayments.net/supported-coins

More information will follow from devs.


Regards
Jilixi
^^ +1000  Grin

Next; amazon gift cards, Newegg cards, game cards, merchandise etc..
hero member
Activity: 568
Merit: 500
After some talk with Coinpayments.net they have decided to add Blackcoin!!

If you find a store accepting Coinpayments but not BC, ALWAYS send the store an email to start accepting it.

https://www.coinpayments.net/supported-coins

More information will follow from devs.


Regards
Jilixi
^^ +1000  Grin
full member
Activity: 196
Merit: 100
After some talk with Coinpayments.net they have decided to add Blackcoin!!

If you find a store accepting Coinpayments but not BC, ALWAYS send the store an email to start accepting it.

https://www.coinpayments.net/supported-coins

More information will follow from devs.


Regards
Jilixi
hero member
Activity: 568
Merit: 500
The Bitcoin ATMs operate by doing BTC<>USD conversion on an exchange before they spit out the money and they are NOT using Visa/MC or any other fiat payment gateways to run the transactions. The whole reason they are "bitcoin atms" is because they are stand-alone machines, like a soda machine, operated by a private owner, who chooses to release BTC for a certain price against the inbound transaction.

There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat.

I'm not trying to shoot down your idea, but I remember when Charlie and a lot of people were really optimistic about it. They started the project when we were at about $30 and they got rejected by MC sometime around the $200 level (for Bitcoin). Because technically, there's nothing illegal or wrong about this. Trust me, it will not fly. Do the research first with V & MC so you don't waste a lot of money before you find out they won't let you do this.

Also Charlie is under house arrest now. In theory that doesn't have anything to do with this but in practice it's probably just not something you want to lean on real hard.

You continue to make nonfactual statements like: "There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat", or "Trust me, it will not fly". That is your opinion and not fact. Have you spoken to Visa/Mastercard or any United States financial institution? Have you personally attempted to try this? What was tried by someone several years ago doesn't apply to me or what I am planning now. With all do respect, just because you own an online casino doesn't mean you are an authority on Visa, United States financial institutions, or even cryptocurrency in a whole. I have noticed in previous posts you have made opinionated statements and presented them as facts. The only fact here is no one knows, including me, what the outcome will be.

I am interested in reading constructive criticism and people voicing their legitimate concerns. I welcome both positive and negative feedback from all. But what I am not interested in reading is someone presenting opinions as fact.

This isn't an opinion, really - it's just an observation that the same thing was tried about a year ago by the founder of BitInstant which was already turning large profits and had good connections, and when it fell apart the reason was that mastercard had said they wouldn't do it.

I remember this from semi-private chats at the time, because our casino was super excited about being on board with the project.

If you think I'm talking out of my ass about something, feel free to call me on it. What I am saying though is that you should research the difficult end of the business you're proposing -- credit card integration -- before you make sweeping announcements here that would lead people to think it might actually happen. You can be defensive and angry at me if you want, but in all honesty, YOU should be the one making the disclaimers and warnings to people that I'm making. No my negativity will not stop you if you really have the power to pull it off, and no your positivity will not actually help you. So let's cut the crap. This has been tried and does not work, and your next move is probably to start pre-selling them to people.

Just go ahead and do it, and when it's done, let us know.

FWIW you might have noticed that when we moved into BlackCoin we gave zero prior warning, on this forum or anywhere else. We just did what we wanted to do, opened it, then announced. It's one thing to "get the community's opinion" but it's another to use it as a pumping strategy and a leadup to a scam. So now you know the community is interested. If/when you actually have these cards, give a shout.
sr. member
Activity: 643
Merit: 253

Important info about Coin-Swap
Coin-Swap's new market system is going live today, March 28. Like our old system, our new exchange does not follow the typical pattern of depositing to a wallet->trading from wallet balance->request a withdrawal.
Instead, you create a market order and you are given a deposit address for that order. When that order executes, you are paid out immediately.

We believe by allowing you to work out of your wallet it minimizes your risk. We don't believe you should treat an exchange like a bank!

Important Feature - AutoSell
When you create a market order, you can set your mining pool payout address to this market address. You can continue to deposit coins DIRECTLY into the market. This allows you to autosell what you are mining. If your order is depleted, it will re-open when a new deposit arrives. The price will either be set at the last price you had it, or it will automatically adjust the price to the last price if that is a better price for you. Example, if you sell at one price, but the market has gone up since then, it will automatically raise your price to the last sale price for you. It will not adjust it down, even if the market drops below where your last sale price was.

Dynamic Price Change
You do not need to cancel and recreate an order to change the price. You can change the price of your orders at any time. Once the new API is up, you can change the price via API or our Android/iPhone app (coming soon).

To get started you need to register.
Register

You then need to provide YOUR wallet addresses where you will receive coins. You will need to enter your BC address as well as a BTC or DOGE address, whichever market you plan on using.
Profile

Then head to the BC markets.
Markets
BC/BTC
BC/DOGE

If you have any issues, comments, or suggestions, please contact us and we will get back to you as quickly as possible.
Contact Us

Coin-Swap Team
legendary
Activity: 1302
Merit: 1002
It was the first hybrid PoW/PoS to go to only PoS with 0 premine and no IPO...... others=crap

I think IPO was genius, now they creators have a lot of money that they can use to create a really awesome product.  Oh well, I guess we all have our favorites..  Nxt has huge things coming it's way though.
This is not good way when you all coin distribute to 72 people... Price doesn't matter.

IPO - generally there is no scam behind it IPO investors took risk only risk, but is stupid when whole amount you divide to only 72 people like with NXT.
More fair is system is like BC with POW distribution and high difficulty at beginning and initial about 5000 users at beginning...

If some people have even hmm 5m BC that is only beouse we let them to have it... Don't sell cheap and don't cry later is that big problem ?
If someone sold BC for 500 and now price is about ~5000 he will come here and flame about BC...scam...FUDs... but in reality he can not stand his loss.
If someone have even 2m BC this is just because he was willing to buy it at current market price.
He is keeping BC and he is rewarding for that anyway all who flame BC could did the same noone prevent them...

NXT is total different coin than BC.
BC is building his community from scratch it have to every new member add some value to BC some new concepts / ideas.
Some people are making stuff like BCpool,Casino...
BC Devs is real poor about 35k/74m 0,0005% from donations... same time premined coins have eg. 1%-5% market share...
Do you see difference ? One Dev is making something for fun for some adventure other to be honest mostly for $ profit.
Eg. when some developer want create some green energy saving coin and he officially don't support multipoolpump idea but he is agreed that it can help them.
I just asked myself who it will help? Ok at beginning he will have more some coin but at the and of story whole green idea is broken and Dev looks like person who cares only about profit...
Not about idea behind it...
I just liked when people came here and wanted more % of interest and rat4 wrote in FAQ something like that.
1% interest to small for you...What you doing here try HBN...(150% true inflation this year 100% from POS 50% from POW)
But in few days he removed that HBN part to do not make free commercial for HBN Cheesy haha...
Point is that he hard refuse breaking concept of coin for quicker $ and to attract more people.


full member
Activity: 168
Merit: 100
The Bitcoin ATMs operate by doing BTC<>USD conversion on an exchange before they spit out the money and they are NOT using Visa/MC or any other fiat payment gateways to run the transactions. The whole reason they are "bitcoin atms" is because they are stand-alone machines, like a soda machine, operated by a private owner, who chooses to release BTC for a certain price against the inbound transaction.

There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat.

I'm not trying to shoot down your idea, but I remember when Charlie and a lot of people were really optimistic about it. They started the project when we were at about $30 and they got rejected by MC sometime around the $200 level (for Bitcoin). Because technically, there's nothing illegal or wrong about this. Trust me, it will not fly. Do the research first with V & MC so you don't waste a lot of money before you find out they won't let you do this.

Also Charlie is under house arrest now. In theory that doesn't have anything to do with this but in practice it's probably just not something you want to lean on real hard.

You continue to make nonfactual statements like: "There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat", or "Trust me, it will not fly". That is your opinion and not fact. Have you spoken to Visa/Mastercard or any United States financial institution? Have you personally attempted to try this? What was tried by someone several years ago doesn't apply to me or what I am planning now. With all do respect, just because you own an online casino doesn't mean you are an authority on Visa, United States financial institutions, or even cryptocurrency in a whole. I have noticed in previous posts you have made opinionated statements and presented them as facts. The only fact here is no one knows, including me, what the outcome will be.

I am interested in reading constructive criticism and people voicing their legitimate concerns. I welcome both positive and negative feedback from all. But what I am not interested in reading is someone presenting opinions as fact.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Wow BC is getting closer to be under 500 BTC 24 hour volume on MintPal.
That's strange. Calm before the storm  Wink

volume dries up at a particular level and it must move to a different level. I expect up Tongue
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Wow BC is getting closer to be under 500 BTC 24 hour volume on MintPal.
That's strange. Calm before the storm  Wink
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
RE: BlackCoin virtual/real Visa and Mastercard

tl;dr this will never happen.

Preface: I'm not saying this to hurt BlackCoin. I believe in it, am invested in it, and put my company into it.

Content: That said, there's a lot of naivete going around here, from buyers who haven't been around the crypto community very long, and I think it needs to be set right. There is no point in people getting their expectations up about this.

This card will never exist. There have been a couple attempts since 2011 to do this with Bitcoin. The closest anyone got I'm pretty sure was Charlie Shrem. Visa/MC declined to give him permission after rounds of legal back and forth. At the time that was not V/MC policy because they had no policy on it. Now it is.

Visa and Mastercard have the ultimate say over whether a certain card will be issued, and they have a lot to lose from virtual currencies. They are not going to allow a direct route for withdrawal from crypto to fiat through an ATM. It's not going to happen.

I'm not saying this to burst anyone's bubble, I'm saying it so that a bubble will not form around this idea. Because those of us who've been transacting in crypto/fiat for a long time now understand that this is completely blocked by the card companies and is not going to get off the ground.

I completely appreciate what the OP is trying to do here and applaud his enthusiasm, but prior to a conversation with the card companies this is nothing.

Thank you for your comments.

First read this if you haven't: https://bitcointalksearch.org/topic/m.5955668

With all do respect but that is your opinion and you are entitled to it. There are already dedicated Bitcoin ATM machines in the US, and Canada has decided to allow customers to withdraw Bitcoin funds from standard ATM machines. You can already move your cryptocurrencies to a debit card with a few extra steps. I am just eliminating the few extra steps to make it easier for everyone. As I pointed out in my post it will not be called a credit card, but a rewards card. I am not attempting to be a financial institution issuing credit cards, or even PayPal, that is an entirely different thing. People will just be redeeming their BlackCoins for a branded BlackCoin debit card. To say something will never happen is simply ignorant, just as ignorant as me saying it will definitely happen. I rather try my best and be denied, than not try at all because of someone else being denied in the past, or because someone doesn't believe it can happen. And for the record, the representative I spoke with this morning said I have more than a 50% chance getting this approved with the wording and implementation I illustrated.    


PS: I remember the naysayers who said no major retail store would ever accept Bitcoin, how did that prediction pan out?

The Bitcoin ATMs operate by doing BTC<>USD conversion on an exchange before they spit out the money and they are NOT using Visa/MC or any other fiat payment gateways to run the transactions. The whole reason they are "bitcoin atms" is because they are stand-alone machines, like a soda machine, operated by a private owner, who chooses to release BTC for a certain price against the inbound transaction.

There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat.

I'm not trying to shoot down your idea, but I remember when Charlie and a lot of people were really optimistic about it. They started the project when we were at about $30 and they got rejected by MC sometime around the $200 level (for Bitcoin). Because technically, there's nothing illegal or wrong about this. Trust me, it will not fly. Do the research first with V & MC so you don't waste a lot of money before you find out they won't let you do this.

Also Charlie is under house arrest now. In theory that doesn't have anything to do with this but in practice it's probably just not something you want to lean on real hard.


Why you don't use this www.entropay.com for virtual and real Visa card, easy, accepted everywhere, you don't need approval from Visa Card, check, i'm using this from 4-5 years

r u 4 real ?
newbie
Activity: 42
Merit: 0
RE: BlackCoin virtual/real Visa and Mastercard

tl;dr this will never happen.

Preface: I'm not saying this to hurt BlackCoin. I believe in it, am invested in it, and put my company into it.

Content: That said, there's a lot of naivete going around here, from buyers who haven't been around the crypto community very long, and I think it needs to be set right. There is no point in people getting their expectations up about this.

This card will never exist. There have been a couple attempts since 2011 to do this with Bitcoin. The closest anyone got I'm pretty sure was Charlie Shrem. Visa/MC declined to give him permission after rounds of legal back and forth. At the time that was not V/MC policy because they had no policy on it. Now it is.

Visa and Mastercard have the ultimate say over whether a certain card will be issued, and they have a lot to lose from virtual currencies. They are not going to allow a direct route for withdrawal from crypto to fiat through an ATM. It's not going to happen.

I'm not saying this to burst anyone's bubble, I'm saying it so that a bubble will not form around this idea. Because those of us who've been transacting in crypto/fiat for a long time now understand that this is completely blocked by the card companies and is not going to get off the ground.

I completely appreciate what the OP is trying to do here and applaud his enthusiasm, but prior to a conversation with the card companies this is nothing.

Thank you for your comments.

First read this if you haven't: https://bitcointalksearch.org/topic/m.5955668

With all do respect but that is your opinion and you are entitled to it. There are already dedicated Bitcoin ATM machines in the US, and Canada has decided to allow customers to withdraw Bitcoin funds from standard ATM machines. You can already move your cryptocurrencies to a debit card with a few extra steps. I am just eliminating the few extra steps to make it easier for everyone. As I pointed out in my post it will not be called a credit card, but a rewards card. I am not attempting to be a financial institution issuing credit cards, or even PayPal, that is an entirely different thing. People will just be redeeming their BlackCoins for a branded BlackCoin debit card. To say something will never happen is simply ignorant, just as ignorant as me saying it will definitely happen. I rather try my best and be denied, than not try at all because of someone else being denied in the past, or because someone doesn't believe it can happen. And for the record, the representative I spoke with this morning said I have more than a 50% chance getting this approved with the wording and implementation I illustrated.    


PS: I remember the naysayers who said no major retail store would ever accept Bitcoin, how did that prediction pan out?

The Bitcoin ATMs operate by doing BTC<>USD conversion on an exchange before they spit out the money and they are NOT using Visa/MC or any other fiat payment gateways to run the transactions. The whole reason they are "bitcoin atms" is because they are stand-alone machines, like a soda machine, operated by a private owner, who chooses to release BTC for a certain price against the inbound transaction.

There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat.

I'm not trying to shoot down your idea, but I remember when Charlie and a lot of people were really optimistic about it. They started the project when we were at about $30 and they got rejected by MC sometime around the $200 level (for Bitcoin). Because technically, there's nothing illegal or wrong about this. Trust me, it will not fly. Do the research first with V & MC so you don't waste a lot of money before you find out they won't let you do this.

Also Charlie is under house arrest now. In theory that doesn't have anything to do with this but in practice it's probably just not something you want to lean on real hard.


Why you don't use this www.entropay.com for virtual and real Visa card, easy, accepted everywhere, you don't need approval from Visa Card, check, i'm using this from 4-5 years
hero member
Activity: 568
Merit: 500
When pondering this a few weeks ago, I did come across various pre-load card sites for bitcoin (e.g. https://bitplastic.com/) - are these all scams?

I'm not familiar w/ bitplastic. I couldn't say if it's a scam or not. But it must be set up as a fiat type of prepaid card... meaning you'd need to send your BTC somewhere to preload it in dollars or euros. Basically a private buyers service that then loads your card with fiat. This is a runaround (in some sense) but there is no way they're doing it as an on-the-fly conversion, and it probably means sending your BTC to a questionable anonymous account first. Personally I'd rather just sell BTC on a legitimate exchange when I want to.
full member
Activity: 274
Merit: 100
Can someone post that pix of that card from previous posts. I can't find it.
I have to see it one more time  Grin




Do your best my friend
If You success you deserve a big donation from the community


I agree go for it the only thing they can say is NO.  even if it was tried before that was then, that was before BTC started getting accepted at Overstock and TigerDirect.  might not happen at all but its worth a try, times have changed a little.
hero member
Activity: 568
Merit: 500
RE: BlackCoin virtual/real Visa and Mastercard

tl;dr this will never happen.

Preface: I'm not saying this to hurt BlackCoin. I believe in it, am invested in it, and put my company into it.

Content: That said, there's a lot of naivete going around here, from buyers who haven't been around the crypto community very long, and I think it needs to be set right. There is no point in people getting their expectations up about this.

This card will never exist. There have been a couple attempts since 2011 to do this with Bitcoin. The closest anyone got I'm pretty sure was Charlie Shrem. Visa/MC declined to give him permission after rounds of legal back and forth. At the time that was not V/MC policy because they had no policy on it. Now it is.

Visa and Mastercard have the ultimate say over whether a certain card will be issued, and they have a lot to lose from virtual currencies. They are not going to allow a direct route for withdrawal from crypto to fiat through an ATM. It's not going to happen.

I'm not saying this to burst anyone's bubble, I'm saying it so that a bubble will not form around this idea. Because those of us who've been transacting in crypto/fiat for a long time now understand that this is completely blocked by the card companies and is not going to get off the ground.

I completely appreciate what the OP is trying to do here and applaud his enthusiasm, but prior to a conversation with the card companies this is nothing.

Thank you for your comments.

First read this if you haven't: https://bitcointalksearch.org/topic/m.5955668

With all do respect but that is your opinion and you are entitled to it. There are already dedicated Bitcoin ATM machines in the US, and Canada has decided to allow customers to withdraw Bitcoin funds from standard ATM machines. You can already move your cryptocurrencies to a debit card with a few extra steps. I am just eliminating the few extra steps to make it easier for everyone. As I pointed out in my post it will not be called a credit card, but a rewards card. I am not attempting to be a financial institution issuing credit cards, or even PayPal, that is an entirely different thing. People will just be redeeming their BlackCoins for a branded BlackCoin debit card. To say something will never happen is simply ignorant, just as ignorant as me saying it will definitely happen. I rather try my best and be denied, than not try at all because of someone else being denied in the past, or because someone doesn't believe it can happen. And for the record, the representative I spoke with this morning said I have more than a 50% chance getting this approved with the wording and implementation I illustrated.    


PS: I remember the naysayers who said no major retail store would ever accept Bitcoin, how did that prediction pan out?

The Bitcoin ATMs operate by doing BTC<>USD conversion on an exchange before they spit out the money and they are NOT using Visa/MC or any other fiat payment gateways to run the transactions. The whole reason they are "bitcoin atms" is because they are stand-alone machines, like a soda machine, operated by a private owner, who chooses to release BTC for a certain price against the inbound transaction.

There is no way that cirrus or visa or other networks will allow a card that withdraws a crypto directly to fiat.

I'm not trying to shoot down your idea, but I remember when Charlie and a lot of people were really optimistic about it. They started the project when we were at about $30 and they got rejected by MC sometime around the $200 level (for Bitcoin). Because technically, there's nothing illegal or wrong about this. Trust me, it will not fly. Do the research first with V & MC so you don't waste a lot of money before you find out they won't let you do this.

Also Charlie is under house arrest now. In theory that doesn't have anything to do with this but in practice it's probably just not something you want to lean on real hard.
sr. member
Activity: 294
Merit: 250
★Trash&Burn [TBC/TXB]★
why can't the wallet have an option to only be unlocked for staking but not allow for any transactions to be SENT? then ppl could leave their wallets unlocked to stake without worry of being stolen.
Good point we will try ask rar4 for that feature.Something like transaction password block

That is already in there. I have mine unlocked and can't send transactions without entering my pass.

If I go to settings a drop down menu appears with three choices: encrypt wallet, change passphrase, and unlock wallet. Change passphrase and unlock wallet are both grayed out and unclickable. How do I do this so I can't send transactions? Do I need to encrypt the wallet first?
hero member
Activity: 644
Merit: 500
If anyone is having trouble viewing my pool site below, crtl+shift+del and delete your browser cache. Firefox is especially stupid/excessive with its caching.
hero member
Activity: 700
Merit: 500
It was the first hybrid PoW/PoS to go to only PoS with 0 premine and no IPO...... others=crap

I think IPO was genius, now they creators have a lot of money that they can use to create a really awesome product.  Oh well, I guess we all have our favorites..  Nxt has huge things coming it's way though.

IPO has been done before. Also Nxt is not faring well in the downturn. Already lost 25% market cap. NXT transaction fee is so high at 1.0, it discourages small transactions. So Who pays the 1.0 NXT on deposits to exchanges? And withdrawals?

But if you truly believe in a coin, why need IPO? Mine and buy like the rest of us? Invest and develop, and you'll be paid commission based on how much the coin goes up?
sr. member
Activity: 389
Merit: 250
BlackCoin Multipool current speed update for those that want to know and those that just joined in;
Scrypt:   630MH/s
SHA256: 1000GH/s

and growing...

I have to admit, these pools are confusing to me.  Are the payouts coming from one of the existing wallet balances?  Since the coins is PoS at this point, that's the only way it could be getting paid out, or am I missing something major?

They mine other ALTs, dump them on the market and buy BC

Okay, now I admit that was a dumb question.  Thanks for the response though  Smiley
full member
Activity: 183
Merit: 100
BlackCoin Multipool current speed update for those that want to know and those that just joined in;
Scrypt:   630MH/s
SHA256: 1000GH/s

and growing...

I have to admit, these pools are confusing to me.  Are the payouts coming from one of the existing wallet balances?  Since the coins is PoS at this point, that's the only way it could be getting paid out, or am I missing something major?


The pools mine a coin that is PoW and sell it for btc, they then buy bc with it to give to the miners. So far they are not the most profitable but I see them as a kind of confidence booster for people looking to get into bc.


IPO's can be very good, but a lot of them are just money grabs.
full member
Activity: 183
Merit: 100
BlackCoin Multipool current speed update for those that want to know and those that just joined in;
Scrypt:   630MH/s
SHA256: 1000GH/s

and growing...

I have to admit, these pools are confusing to me.  Are the payouts coming from one of the existing wallet balances?  Since the coins is PoS at this point, that's the only way it could be getting paid out, or am I missing something major?


The pools mine a coin that is PoW and sell it for btc, they then buy bc with it to give to the miners. So far they are not the most profitable but I see them as a kind of confidence booster for people looking to get into bc.
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