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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1395. (Read 2509928 times)

full member
Activity: 196
Merit: 100
The whales are also buying at the sale price, believe it. The buy walls are just a safety net in case the price falls enough for a bargain.

That's an organized pump where all players put their buy orders at the same price. Buyers be careful. I would never say 'buy and you'll make profit', but you could profit if you buy at the right time. At this point, you're too late. Buy at 4000 satoshi to get a 20% profit to 5000 satoshi, at what cost? This thing is a bubble and you could easily lose 50% in a single big dump (or become a bag holder, like maxcoin). It'll prolly get to 5000 satoshi but I expect high resistance beyond that..

Maybe you're right, but compared to maxcoin!  Cheesy

It's pow and with a 250mil cap, unlike BC pos with 75mil. Which now has a
multipool and is dumping other altcoins to transfer that into BC, how is it
like a maxcoin bag holder exactly?
hero member
Activity: 686
Merit: 500
To everyone focused on BC trading, just a tip, take a look at TAKcoin on Mintpal/Cryptsy.  Wink
The train has just departed!

Bought at 170. Thanks!

were at 250 now
full member
Activity: 132
Merit: 100
To everyone focused on BC trading, just a tip, take a look at TAKcoin on Mintpal/Cryptsy.  Wink
The train has just departed!

Bought at 170. Thanks!
full member
Activity: 140
Merit: 100
Status: 0/unconfirmed
Date: 3/15/2014 21:16
To: BB7cs6SKf1PoLpeFKSGpb25Sr5DoEMHRcd
Debit: -4151.17544093 BC
Transaction fee: -0.0001 BC
Net amount: -4151.17554093 BC
Transaction ID: 2158a13db5df8f1abef0d3504ed3de6805eca9bf4660c7879fc35a4cd570c096
  should i consider these coins lost

is there are fork or someting ?

you sent them on the old blockchain, it was a hard fork at block 5000 and everyone was notified well in advance and reminded constantly until it happens, bad luck buddy all your coins are vaporised.

ty all i needed to know Smiley

fucking forks XD

it was a hard fork not a 51% attack, needed to happen, sorry buddy wish you read the first post to download new wallet before you sent your coins.
full member
Activity: 154
Merit: 100
Coinoholic
Anybody panicking out there need a ray of sunshine?

Click here:
http://agran.net/bc_getbalance.php?top=100

Price is down, you can refresh and watch the top 10 wallets grow. #1 was @ 2 million coins earlier, now its over 3. Gobble gobble nom nom nom

edit: since the time I posted this #1 moved up over 100k.
full member
Activity: 126
Merit: 100
Status: 0/unconfirmed
Date: 3/15/2014 21:16
To: BB7cs6SKf1PoLpeFKSGpb25Sr5DoEMHRcd
Debit: -4151.17544093 BC
Transaction fee: -0.0001 BC
Net amount: -4151.17554093 BC
Transaction ID: 2158a13db5df8f1abef0d3504ed3de6805eca9bf4660c7879fc35a4cd570c096
  should i consider these coins lost

is there are fork or someting ?

you sent them on the old blockchain, it was a hard fork at block 5000 and everyone was notified well in advance and reminded constantly until it happens, bad luck buddy all your coins are vaporised.

ty all i needed to know Smiley

fucking forks XD
full member
Activity: 140
Merit: 100
Status: 0/unconfirmed
Date: 3/15/2014 21:16
To: BB7cs6SKf1PoLpeFKSGpb25Sr5DoEMHRcd
Debit: -4151.17544093 BC
Transaction fee: -0.0001 BC
Net amount: -4151.17554093 BC
Transaction ID: 2158a13db5df8f1abef0d3504ed3de6805eca9bf4660c7879fc35a4cd570c096
  should i consider these coins lost

is there are fork or someting ?

you sent them on the old blockchain, it was a hard fork at block 5000 and everyone was notified well in advance and reminded constantly until it happens, bad luck buddy all your coins are vaporised.
full member
Activity: 154
Merit: 100
To everyone focused on BC trading, just a tip, take a look at TAKcoin on Mintpal/Cryptsy.  Wink
The train has just departed!

+1 i have been waiting all week for this... my sells @198.... bought @93 - hope tonight they get sold....so i can buy more BC
full member
Activity: 140
Merit: 100
How do I request a payout on the black coin multipool?
newbie
Activity: 11
Merit: 0
whats controlling what the multipool auto buys at? is it just what the latest sell prices are? If so the entire multipool could be manipulated by whales. If the multipool buys on average prices then whales making the price drop in the markets effects could be minimal on auto buy prices for the multipool.

additionally is the multipool buys as it goes or at certain times? like 5 times a day or sth? anyone idea how it works?

I think it was stated that during beta its done manualy, twice or so a day.
full member
Activity: 221
Merit: 100
To everyone focused on BC trading, just a tip, take a look at TAKcoin on Mintpal/Cryptsy.  Wink
The train has just departed!
legendary
Activity: 1302
Merit: 1002
Hello hellooo I am new here, to BC and to cryptos in general. I just bought some BC and was reading up on PoS coins and I had a question. Since this is a pure PoS coin now, how are security issues such as those discussed in the thread below addressed?  I know Peercoin had to implement a PoS/PoW hybrid system to prevent such attack, and that many other coins implement a PoW/PoS hybrid system instead of pure PoS for the same reason. How is it possible to prevent attack forks with pure PoS?

https://bitcointalksearch.org/topic/proof-of-work-vs-proof-of-stake-bitcoin-ppcoin-168924

"There is absolutely no mention of the fundamental flaw in PoS consensus which none of your proposals have addressed:  As of yet none of the proof of stake proposals are workable because there is nothing at stake!   If someone is PoS mining it is in their best interest to attempt to concurrently build an honest chain as well as all possible attack forks just in case one of them happens to win.  Under most schemes this is the profit maximizing move, in all I've seen so far its at least neutral.  Mining an attack under PoW actually involves _spending_ something and taking the risk other miners will extend it. PoW works because your work is at stake so even a very small amount of honest miners make mercenary rational miners behave honestly too. "

Thanks any info would be appreciated, I am trying to understand this technology better now that I am involved with it Cheesy



Try find ra4t posts, main dev of this coin.
Generaly there can be forks problem with POS but
R4t make something in code to prevent it and it works.
BC hasn't forked even once...
Some coin wanted copy BC (r4t changed some parameters)
they have forked few times in same night. I can find that coin for you.

He called it Black magic.
BC is safe so far i think he found some solutions to that.
Probably he found some good parameters to prevent forks.
I don't have reason to not believe him.


BC has forked before, during PoW to start PoS at 5k blocks instead of 10k.

Yes but that was planned fork to get rid of some bug.
I was talking about parallel forks without control on them
as result of pure POS failture.
newbie
Activity: 23
Merit: 0
whats controlling what the multipool auto buys at? is it just what the latest sell prices are? If so the entire multipool could be manipulated by whales. If the multipool buys on average prices then whales making the price drop in the markets effects could be minimal on auto buy prices for the multipool.

additionally is the multipool buys as it goes or at certain times? like 5 times a day or sth? anyone idea how it works?
full member
Activity: 154
Merit: 100
Coinoholic
blackcoin will be back up there are alot of people in profit so it may be quiet for some time, but it will go back up. looks like people buying up takeicoin. its marketcap is peanuts even if it were 10x from where we are, its not alot

+1

There's only so many coins that can be sold to continue this panic sell. I still think whoever was holding down those 50 btc buy walls is chewing up all the sales when it gets below 3k
hero member
Activity: 686
Merit: 500
blackcoin will be back up there are alot of people in profit so it may be quiet for some time, but it will go back up. looks like people buying up takeicoin. its marketcap is peanuts even if it were 10x from where we are, its not alot
member
Activity: 94
Merit: 10
whats controlling what the multipool auto buys at? is it just what the latest sell prices are? If so the entire multipool could be manipulated by whales. If the multipool buys on average prices then whales making the price drop in the markets effects could be minimal on auto buy prices for the multipool.
hero member
Activity: 1778
Merit: 520
Status: 0/unconfirmed
Date: 3/15/2014 21:16
To: BB7cs6SKf1PoLpeFKSGpb25Sr5DoEMHRcd
Debit: -4151.17544093 BC
Transaction fee: -0.0001 BC
Net amount: -4151.17554093 BC
Transaction ID: 2158a13db5df8f1abef0d3504ed3de6805eca9bf4660c7879fc35a4cd570c096
  should i consider these coins lost

is there are fork or someting ?

go download the new wallet, make sure you save ur wallet.dat and put it into ur new wallet
full member
Activity: 214
Merit: 100
Let's guess: the price will sit on 2000 satoshi in several hours.   Huh Huh

Or the price will oscillate between 2000 and 4500 ?

We all knew 5000 was going to be met with insane resistance. The weak get shaken out before any kind of big profits happen. Price is going to just keep flipping around until it settles. I'm not worried about it

+1.  I am holding.  These panic dumps are a good time to buy  Wink
full member
Activity: 126
Merit: 100
Status: 0/unconfirmed
Date: 3/15/2014 21:16
To: BB7cs6SKf1PoLpeFKSGpb25Sr5DoEMHRcd
Debit: -4151.17544093 BC
Transaction fee: -0.0001 BC
Net amount: -4151.17554093 BC
Transaction ID: 2158a13db5df8f1abef0d3504ed3de6805eca9bf4660c7879fc35a4cd570c096
  should i consider these coins lost

is there are fork or someting ?
newbie
Activity: 12
Merit: 0
stop panic sell) Shocked
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