Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1444. (Read 2510308 times)

I would like to support BC by joining the mining pool.  I have never set up or run a miner.  Do you think it would be possible to set up a short list of URLs for info to get started or some short equipment/software set up lists that are working well when the pool is up and running?

This would help those who would like to support but have not mined any alts or btc as of yet....

Sorry for chiming in, I actually have no idea about this stuff compared to you and Taco Time. I thought I was helping out but you already knew this information!

Once more you need to catch that many people who will be engaged in that they want sell higher many others who fallowed BC and lost faith in that coin they sold it lower.
Mooltipool is 1st step to stabilize economy and it can Give BC they own price route different that other alts folowing BTC trend.
Next step is ofcourse to using it as payment once we have stable economy it will be easier.
Transaction in 5s-10s are superior too comparing to many others and can help with that.
We have to push many work into BC but it can pay off, i just know noone will give me money for nothing...
We have to make many work around ,build stronger community.
POS system is building society in reality stakeholders have to share own wealth to get better stronger currency
this system is unique due to 0-premine. At 1st look when i came here and i saw Mint i was confused Mint loks so amazing Profesional websites...PR guys..crypto heaven you can think...
Then i have read about Dev who wanted 5m to setup exchange while he had 700m form premine lol he refused to tell what he did with premine...
Now BC has clean good looking web ,has rising community is getting stronger every day.
Multipool is not like others mooltipools just for BTC and $... This multipool is to support coin that multipool will teach some miners that you have to hold to get value and respect value of coin only retard will be mining BC and dumping them next day...(i know few retarded people BTW it will happed too)
During mining many people who want just fast cash out they will do it that will happend till loyal members will stay they will get their BC and next time if they want buy BC
price will be higher.
My hope is that some miners will stay for longer BC is something different in whole Crypto is for patient people who want build vaule of coin.
NXT wat 1POS yes but due to fail distribution it failed in my eyes(~73% coins wasn't even distributed), BC brings me that what i was looking for in POS system NO premine and equal chance for all.

Any coins mined from the multipool would have a net zero effect if they are then sold as the coins were just bought from the market. Coins have stopped being created and the only coins you can get is either the 1% stake annually or from the market.


yes

I also believe the miners in a bc multipool will be more likely to hold. Even if they dump 80 percent and keep 20 of the coins accumulated that is still a gain isn't it guys?

Yes, I thought about that as well, but concluded that the group of people who would mine on the multipool would tend to be a very specific subset of the mining population. Namely, BC holders. It resembles a share buyback program of a publicly traded corporation in some respects.  Mine-and-dump players would likely be fishing in other waters, and rightly so. That is my expectation. But as you say, it's an experiment. We'll know by the results.

Why would you mine at the BC multipool if you are just going to dump right back for BTC? You would just stay on the regular multipools that pay in BTC. I would reckon most that mine at the BC multipool will be long or medium term BC hodlers.

I think the insights on the multipool's effects on the market are a bit flawed.  As far as the miners go, they're getting a constant stream of BC that they will in turn sell back into the market.  Sure, the pool is buying to supply the miners, but the net could easily be no market movement at all assuming the miners dump their coins back (they almost always do).

But it is an interesting experiment.

This makes me very happy. Will throw some GPU's at this and leave them there indefinitely. Nice work.

I'm trying to stick to my own advice and accumulate at the ~1,000 sat level - but no-one is giving me cheap coins today!

The easiest way to make money is to buy all blackcoin you can get hands on now, and then mine them on multipool to higher value

speculators will pile back on once the price starts moving upward again.it should pop to 2k once it breaks 1500, then settle back down to 1300-1600 range. This is only a guess as I have only traded actively mined coins before.

with the bc multipool coming online, if it gets more then 500 mh this could really start some crazy pressure.

I have been doing the same thing  I've sold all my doge and continue you dump doge for blackcoin.

I'm a medium whale from 730~

Introducing the BlackCoin Multipool:

http://www.blackcoin.co/mining/want-to-mine-blackcoin-again/

The first-ever multipool to payout in an altcoin!

I'm working on price action, am not trying to guess what traders are doing or their intentions via posts or tweets. I trade what I see. The support levels are holding and the fundamentals of blackcoin are strong. It's a game of probabilities and I am personally accumulating.

recent increases were pure speculation, BC market without speculators unfortunately falls down if you do not set solid a wall in 1000 BC rate will slowly falling

Continuous buying only a small amount or a solid wall to stop falls, there is no longer the miners who shed so spoil course will not be inundated

To be honest, I cannot find a better coin than BlackCoin to invest my BTC in, really i'm serious.

I will be accumulating on dips, as often as I can. I want to be a blackcoin whale. When the whales arrive to get their value coin they will carry me up with them!



As i've said for days, 1000 sat is the support level at this time. We will not see 500 level again.

If I had good adaption to stress I'd use this in my favour. But I'm always afraid of loosing more.

In a BC context - stupidosellers! 

panic sellers