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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1285. (Read 2509934 times)

full member
Activity: 154
Merit: 100
This is good. Dumping has continued for the last 5 or so hours and has actually had a positive effect on price - try as they may they dumpers have been unable to get BC down below 7000 for any extended length of time. We are now back at 8000 with strong buy support, a new price floor, positive news from the Multipool team letting us know they will be operational shortly and overall we have stabilised around $3 Million USD in market capitalization.

The next 12 hours will be very interesting, I'm picking 10,000 is not far off.
hero member
Activity: 658
Merit: 503
Monero Core Team
Heads up; BC will be listed on Cryptsy on March 28th  Wink
Will it kill it like it does for every coins?
full member
Activity: 238
Merit: 100
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

So why is the price going up now?  Multipool is still down.  Your theory is wrong. 
hero member
Activity: 1778
Merit: 520
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Yeah, and people who bought BTC at $750 are actually losing money ATM. Shocking. Also, BC hasn't even reached the peak market cap that MINT hit during its total pump and dump. Just saying. Wink

I'd also rather the devs take their time and get the pool working 100% as intended.

meto, i've been waiting tell the payouts were fixed before i joined the pool, as soon the pool comes back up all my miners are getting switched over!
hero member
Activity: 840
Merit: 1000
Heads up; BC will be listed on Cryptsy on March 28th  Wink

How do you know? 100% sure?
hero member
Activity: 658
Merit: 503
Monero Core Team
New coins are created by POS at a rate of 1% annually
So blackcoin is an inflationary coin, like dogecoin is planning to become.

We used to be able to categorise by
- great coin (Bitcoin) and shit coin (Pandacoin)  (highly subjective)
- PoW coin (Bitcoin), PoS coin (NXT), hybrid coin (Blackcoin), other (Heavycoin)
- SHAcoin (Bitcoin) and scrypt-like coin (scrypt, scrypt-jane, N-factor, KGW or not, others...)

Now we can add another category: deflationary coins (almost all of them) inflationary coins (dogecoin [planned], blackcoin)

Any other categorisation you may have in mind?
hero member
Activity: 644
Merit: 500
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Yeah, and people who bought BTC at $750 are actually losing money ATM. Shocking. Also, BC hasn't even reached the peak market cap that MINT hit during its total pump and dump. Just saying. Wink

I'd also rather the devs take their time and get the pool working 100% as intended.
hero member
Activity: 658
Merit: 503
Monero Core Team
Hey guys, remember that you can trade your BlackCoins
Makes me think: how will a PoS affect exchanges in the long run? As I said before, Blackcoin is 8 hours stake, so thiis is still manageable to wait for the stake then trade, but how does the stake works exactly?

I see two different ways:
- the "Mintcoin way": every coin has a coin age. Without knowing the coin age of each individual coin you might lose interest (this is especially try of you have coin age spread all over the 20-days period). In this scenario, having a way to know which coin are "safe to trade" is crucial (hence a properly developped wallet)
- the "traditional way": like in a bank; every given period (for a bank it is usually 15 days), a "snapshot" of your account is done and used as a basis for calculating your interests. That's why in a bank you can have 1000 euros on the 3rd of the month, remove 800 in the 6th of the month and get 600 back on the 14th. On the 16th, you will get 900 and the interests will be calculated on the final total 800, not on the 300 "faithful coins"' that never left the wallet

I have no idea how blackcoins. Do you?

By the way, if you have shorter names for these two behaviours, I am interested.
member
Activity: 84
Merit: 10
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

David, the good thing is that we became billionaires with MINT so far, so we can afford to lose some money over BC the gained only 44% today.

I really miss the face-palm smiley ...
newbie
Activity: 15
Merit: 0
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Can you do the community a favour? Sell and go away.
So that there are no worries of the price rise and fall! Sell to me, infact!

Broken?  It's even finished being built yet!  How about giving the development a chance.  It's like asking the Wright Bros. after they just landed on the sand dune how come there are not commercial flights yet...........
newbie
Activity: 15
Merit: 0
The new Wallet still won't open on my iMac OSX 10.7.5 Lion. Help!!!
sr. member
Activity: 308
Merit: 250
Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

Download the newest wallet plz, check BC's mainpage

Thank you, working now, did not see that there had been a wallet update  Roll Eyes
sr. member
Activity: 382
Merit: 250
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Can you do the community a favour? Sell and go away.
So that there are no worries of the price rise and fall! Sell to me, infact!
hero member
Activity: 840
Merit: 1000
Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections

Download the newest wallet plz, check BC's mainpage
sr. member
Activity: 308
Merit: 250
Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections
Upgrade to wallet v1.05

thanks, I didn't see there had been an update
hero member
Activity: 714
Merit: 500
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money ATM. So much for triumphalist speeches.
BTW, what is the timezone of the multipool developpers? The would give some insight on how long it will remain broken.

Can you do the community a favour? Sell and go away.
sr. member
Activity: 294
Merit: 250
★Trash&Burn [TBC/TXB]★
#BlackCoin now 5th most traded by USD volume - to the moon!


wow, blackcoin to the moon  Grin



BlackCoin Wallet Generator

Donation
Bitcoin : 1Paper8DS3Mb4angPMT2Z2SfkzJMvF4pme
BlackCoin : BFUKZePugAvFTRrtctZVu84Xb12oeYazaA


I've never used a paper wallet...is this the official one? How exactly do I get my blackcoin off of mintpal into a wallet? I'm terrified to mess this up. Smiley
hero member
Activity: 1036
Merit: 606
Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections
Upgrade to wallet v1.05
sr. member
Activity: 308
Merit: 250
Hi guys,

I seem to have a little hickup with my walled, worked yesterday but now I get a message in the left bottom corner "urgent: upgrade required"

wallet is out of sync, but I have 11 active connections
hero member
Activity: 966
Merit: 501
I noticed something alarming:
The price of BC directly depends on one multipool being on. When BCmultipool is down, BC goes down, even if there are others multipool available (check what happened today between 15 and 16h30 GMT). This gives these guys at BCmultipool an insane amount of power. They could orchestrate a shutdown, get the money and stat the pool again.

I am concerned.
I was right. Sadly.

Now that the bcmultipool is down, the price stagnates. Those who invested at 7500+ are actually losing money atm. So much for triumphalist speeches.

Going from 5500 sats to 7700 means stagnate?? seriously .. 1650+BTC last 24hr on mintpal ...you call that stagnate...

I'm glad I sold out all my MINT.............
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