Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1571. (Read 2510314 times)

In fact the majority of the coins that have been dumped today were discreetly purchased by me, sequentially, as the price fell. Granted, I missed few orders due to poor typing skills, but a disproportionate number of those blackcoin are mine now. My plan is to own at least two-thirds of the total coins in circulation, and then attempt a 51% stake-attack. To what purpose I cannot say. I just kinda want to see where it leads.

Expect a huge difficulty crash in exactly 4hrs 9mins

Just a simple story id like to share...

It was almost 3 years ago and I had money tied up in the stock market from an inheritance. It was completely out of left field, I went from barely keeping up with my bills to having roughly 50K in stocks and mutual funds to manage. Being naive and in a position to leverage such a great amount of money (to me) I just HAD to cash some out...

I became a quasi 'Wolf of Wall Street' so to speak, and started looking at my different holdings. Out of all of them there was one sure fire "loser", it was Bank Of America. They were in the news for housing scandals, bad loans, shady business practices. Every major news outlet was reporting these stories on a daily basis. They say there is no such thing as bad press, but for shareholders, it was a very dark time. Shares of BOA began dropping at an unprecedented rate, everyday another few percent. Forgive me if the numbers are not listed with verbatim accuracy, but at the time I started to manage the shares they were $16 and change. Over several days they continued to drop and stabilized around 9-$10 per share, but a few days later they were down to $7 per share. The news was becoming more and grim and it seemed like we were approaching the end, but then.... A our savior arrived...

In the following days investor Warren Buffet and his brokerage firm Berkshire Hathaway ended up pumping more than 1 Billion into Bank of America. If you have never heard of Warren Buffet, then I suggest that you do your homework. He is a financial investment GOD. To all shareholders of BOA, myself included, this seemed like a godsend. But as the market adapted it wasn't long before shares started dropping again. Over the course of a month my 20K stake in BOA was reduced to less than $5000, I still remember listening to the market report on the radio in my car and saying "It's time to sell".... So I did....

I ended up with a check for $4600 and my stake in BOA was done... Good riddance! But Warren Buffet isn't in the market to lose money. A couple months later the shares came back, and have now hit several all time highs since the time I sold. Those same shares of BOA today are still worth 20K, making my effective loss from selling about 15K. I suppose the moral of this story is to look towards the future when it comes to investments of any kind. Blackcoin could be a total failure, and if you invest there is the possibility that you could LOSE EVERYTHING! However people said the same thing about Bank of America, Bitcoin, DOGE and even Apple. It goes without saying, but never invest more than your willing to lose, but most importantly... Enjoy the ride everyone!

lol bag holder with only 1.3 btc invested, not a big gamble IMHO
bag holder were Panda buyers with 10 btc

I will start to tell people about it after the PoW is over, I want to mine more =P

Bag holder. Not a smart move.

is nice that come a week from now miners wont be able to crash it anymore, and if we are all working on PoS there wont be many on the markets..... if the price rises like I think it should more will join the group.  If it can make it through a month we should see it blossom.

Trying hard. Everyone can help in this department!

still needs more publicity

I only know about it because on mintcoin

Im just mad i spent all my btc at 2500 sat. then prices drop so low for no reason. kinda retarded but owell this coins a beauty

ill these cheap coins allowed me to join the top 100
well see how this goes...
didnt cost much and I can only rise in the ranks as coins get distributed...
cant believe it was that easy to get such a big share

Community Bounty Drive UPDATE

Total Donations Now: 35080.

Bounty update

First four bounties have been payed!


Translations:

Translate the OP Post, including posting it in the subsequent BitcoinTalk forum:

Chinese translation - 400 BC
Spanish translation - 400 BC - rest0r
French translation - 400 BC - Aknoth
Dutch translation - 400 BC
Polish translation - 400 BC - skarto
Russian translation - 400 BC

Community Services:

Dedicated BlackCoin Forum - 2000 BC
Reddit Tip Bot - 1500 BC

Graphics:

BlackCoin Accepted Here buttons & Designs for 'Download Client' Buttons - 500 BC
Professional grade YouTube video - 750 BC
[Seperate] Reddit Top Banner Design - http://www.reddit.com/r/bccoin/comments/1yvq0p/contest_best_banner_for_this_subreddit_gets_500/

All graphics must be based on the logo in the op post. Although i love the community suggestions I will not change the logo if the dev does not approve it first!

Games:

First Dice site - 7500 BC
First Gambling Site - 7500 BC

Merchants:

First Merchant - 5000 BC
Second Merchant - 2500 BC

Other:

Articles about BlackCoin on websites with a minimum of 100 visitors a day - 500 BC (Limit: 8 )
A detailed guide (including screenshots) on how to unlock your wallet and receive PoS. - 500 BC
This will be used for the website!


Bounty's set: 34150 BC
Bounty's paid: 1600 BC
Left: 930 BC


Donations can go here:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c



Let's keep this ball rolling people!

anyone that sold for less then 1800 is an idiot in my opinion there was no reason for prices to drop so low. network hashrate has been steady 15gigs+ i guess people just like to listen to FUD

A fool and his coins are soon parted, Blackcoin is no exception.  All these weak hands selling to savvy investors will lose out in the long run.  

One of two things might happen blackcoin goes to PoS.

1. Supply dries up and we go to the mooon

2. Interest dies from the lack of mining and people dump.



What to do....

Social Media Update:

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Twitter: http://twitter.com/coinblack - 147 Followers!
Facebook: http://facebook.com/coinblack - 43 Likes!
Reddit: http://www.reddit.com/r/bccoin - 74 Readers

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It is going pretty well in this department, but i feel like there could be way more followers and likes!

Yeap. I am excited to see what happens

ignored what a douche

Hey Amigo, you actually have the power to set a reserve balance that remains unstaked and therefore does not have to mature again before use. Debug window, console tab, enter 'help' to see commands.

lol well yeah...duh.  Get a sense of humor.  It's all in good fun, my man.   

Next shitcoin plz!