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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1428. (Read 2510302 times)

member
Activity: 112
Merit: 10
pool launch when?
sr. member
Activity: 364
Merit: 250
Someone is buying up everything.

Yup, they are trying, but you have to pay for your BlackCoins, there is no new supply - isn't that great! To be a whale with BlackCoin, you have to pay BIG bucks Cheesy

Many thanks go to the strong holders who had and continue to have faith, nothing stopping us getting to 2,300 (or beyond) before temporary pull back (retrace) to ~2,000 level.
full member
Activity: 192
Merit: 100
Cheesy who's the guy putting up constant ticks of 1.01010101? Funny to see like 8 of them stack up at once.
fairly large player buying.  seams suspect thought because most smart buyers would buy slower to get better price.

He was doing it on the selling side prior seemingly to try and drive it to about 1900, and then stopped.
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
sr. member
Activity: 350
Merit: 250
where can i exchange blackcoin?
legendary
Activity: 1344
Merit: 1001
Well almost 500% in a week i'd say that's pretty good going for any coin  Cool

I would say it just comes back to the initial trading value...

Vertcoin went up to 12 million dollar market cap before crashing back down. Even when it crashed it remained above 5 million for days.

Blackcoin hasn't even broken the million dollar market cap mark yet (getting very close though).
full member
Activity: 308
Merit: 100
big pump incomming??
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
Cheesy who's the guy putting up constant ticks of 1.01010101? Funny to see like 8 of them stack up at once.
fairly large player buying.  seams suspect thought because most smart buyers would buy slower to get better price.
full member
Activity: 192
Merit: 100
 Cheesy who's the guy putting up constant ticks of 1.01010101? Funny to see like 8 of them stack up at once.
sr. member
Activity: 1009
Merit: 261
re: merchant take-up. What's the likelihood of a simple API being made available that would facilitate calls to send/receive BC payments ? Nothing too fancy to start, just the basics to get that particular ball rolling. As much as I'd love to be involved with the build of such a thing, I don't have those particular skills, but do to take advantage of the existence of an API, as, I bet, do a number of people watching this thread and the graphs.
full member
Activity: 210
Merit: 100
Well almost 500% in a week i'd say that's pretty good going for any coin  Cool

I would say it just comes back to the initial trading value...
full member
Activity: 192
Merit: 100
lol someone just tore through 3.5BTC @ 2k sat in all of 30 seconds.

aaaaaand fast climb
member
Activity: 113
Merit: 10
Well almost 500% in a week i'd say that's pretty good going for any coin  Cool
legendary
Activity: 1120
Merit: 1003
twet.ch/inv/62d7ae96
Someone is buying up everything.
full member
Activity: 210
Merit: 100
Lol at thinking merchant support has anything to do with an alt currencies value in the first year. Rofl.

I question the intelligence of someone who thinks Peercoin's 68 million dollar market cap is being "held up" by merchant support. Here is a clue, 99% of a crypto's value derives from speculators. Hence why Peercoin, NXT coin, Namecoin have high values. You seriously think namecoin is being bought and sold for goods much? Lmao.

Now, looking at Blackcoin's market capitalisation we see it's valued at a mere $900,000 (source - http://coinmarketcap.com/). And remember we have no new coins mined from proof of work for blackcoin anymore, only the coins produced from the tiny 1% proof of stake interest. The nearest similar coin to Blackcoin is Mintcoin valued at $2.2 million. Since Blackcoin is basically a better version of Mintcoin (no premine, transparent community bounties, active development, new ideas eg Blackcoin multipool, good momentum) it's very reasonable to see us more than doubling in price.

But that really is small fry. We should be pushing for 10 million dollar market cap and with the boost from the multipool and the lack of miners dumping their coins I see no reason why not, which would be a 11 times increase in price.

And if we go into dream territory, if this coin becomes the "fair mains NXT", then we could be looking at a 40 times increase in price from now.

At the very least we can expect another double up in price.


Only $900000? LoL Not surprise to see a 5x value ... (the total cap would be 4.5 million which is achievable)

FYI - mintcoin peaked at 5.5 mil a month ago with an avg cap at 4.5 mil for the rest of tat week.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
Can we pre- register for it yet?

nothing to preregister for. there is no user login.

to add:

user login is your BC address

edit:

and another 24 hour high.
member
Activity: 113
Merit: 10
Can we pre- register for it yet?
sr. member
Activity: 364
Merit: 250
who is the whale? I am!   Grin Grin Grin 

What I love about BlackCoin and MultiPool - is that we are ALL whales!!!
sr. member
Activity: 364
Merit: 250
Lol at thinking merchant support has anything to do with an alt currencies value in the first year. Rofl.

I question the intelligence of someone who thinks Peercoin's 68 million dollar market cap is being "held up" by merchant support. Here is a clue, 99% of a crypto's value derives from speculators. Hence why Peercoin, NXT coin, Namecoin have high values. You seriously think namecoin is being bought and sold for goods much? Lmao.

Now, looking at Blackcoin's market capitalisation we see it's valued at a mere $900,000 (source - http://coinmarketcap.com/). And remember we have no new coins mined from proof of work for blackcoin anymore, only the coins produced from the tiny 1% proof of stake interest. The nearest similar coin to Blackcoin is Mintcoin valued at $2.2 million. Since Blackcoin is basically a better version of Mintcoin (no premine, transparent community bounties, active development, new ideas eg Blackcoin multipool, good momentum) it's very reasonable to see us more than doubling in price.

But that really is small fry. We should be pushing for 10 million dollar market cap and with the boost from the multipool and the lack of miners dumping their coins I see no reason why not, which would be a 11 times increase in price.

And if we go into dream territory, if this coin becomes the "fair mains NXT", then we could be looking at a 40 times increase in price from now.

At the very least we can expect another double up in price.


+1000

For all other guys, please, i've been hearing about whales dumping since we hit 600 lol

Always invest carefully, if you believe the fundamentals are good, invest and ignore so called 'whale' activity - it is irrelevant. NEVER panic buy, and NEVER panic sell - if you can help it.

I'm speaking long term and making suggestions, thats all. Peercoin itself will need to come up with something to hold it up at some point, it's mere speculation. Alt coins are a competitive arena, if all the people in here holding want to really stand out and make this coin a top dog for the long haul, ideas need to be tossed around. I don't care if somebody runs a peanut shop accepting Black coin, anything helps.

There's no sense in disagreeing that we should build our community and implement new ideas with the coin which in turn generates intrinsic value. This is simple economics.

And no im not one of the guys suggesting there will be a dump and the coin is going to die by saturday lol. I'm interested in holding this coin long term and thinking further along.. not in the sense of the next two days, which I suppose is where the confusion is boiling up on my comment. Call it wishful thinking, I'm just a firm believer in getting out what you put in. If everybody just holds the coin and stares at the graph, we won't reach our potential.

A lot of people are caught up in all the whales arguing about who 'called it' first etc, they are doing this in order to guarantee future subscriptions/paying customers, but in the long term, for BlacKCoin, I am suggesting it is irrelevant for anyone holding the coin on the fundamentals. Any whale involved I would expect would not be tweeting about it Smiley

BlackCoin is so young, and there is a lot to do. The 'whales' have helped us (probably inadvertantly) with exposure, but in the long term this will have no effect on price.
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