Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1588. (Read 2510314 times)

lol ok, it could hit 10,000 sat for all i care, prove me wrong, i have said it over and over. Buy it all up at these cheap prices if you are so confident! I sold @ twice the price it is at now, so for the time being, i am at least correct while you are praying.

4300 more blocks and then miners and multipools won't be able to dump any more.  The price will stabilize and with only 1% annual inflation there won't be many new coins to dilute that value.  No one really knows where it will stabilize though, so you can believe all the new members here with the "expert" opinions and speculations of 1000 satoshi or 5000 satoshi if you are foolish.  

This is a solid coin with a fair release.  Compare it to other POS only coins with billions of coins.  Compare it to other POS coins, several long term coins are nearing the end of POW and going to POS only.  Do your research and then figure out what your plan is.  If you're dumping thats great for me.  If you're holding, be prepared for the dumps that are coming.  The coin gained a lot of interest at first because it was, actually still is very profitable to mine, but only time will tell if it becomes viable after mining is done.  Remember this coin is barely even 5 days old, lots of time to let this play out, but you won't be able to mine it after a few more days.  

 got a link to the github one?

I agree the dump seems to be generalized. Even with BC 1660 - MINT 30 the price ratio is 55:1, which is lower than the peak at 63:1 yesterday but higher than the 45:1 from the day before. The BC price is also being artificially suppressed by those mining BC and dumping it to buy MINT, since that is a much more profitable way to accumulate MINT than mining.

There are different degrees of "rich", 3099 could be rich for you but for others who understand the long-term potential would deem that to be a loss of opportunity.  Congrats on your 3099, but for me at least I think that equates to nothing considering the long term advantages.

I'm afraid you will always destined for pennies. The large gains will always be made by others. Good luck

Hah, was weirded out for a minute when I saw my wallet balance drop by ~1700 overnight by magic (no transactions, yet 2 or 3 PoS). Then realized the Stake balance is now higher and that's where it's going.

Interesting. So far 3 total PoS on my measely 20k, but I'll take it

That poster is not worth your time. They have sold their BC and now hope it doesn't go up so they can think they are hotshots who know the future...

Nothing goes straight up. There is ALWAYS going to be profit taking.

Right now, it's BTFD time, imo.

seriously, these cheerleaders dont want to put their money where their mouths are.  if you think it will be going to be very profitable long term, why aren't you buying at these cheap 1500-1600 shitoshi price???  

i need to make some form of decent profit, otherwise the missus is gonna pull the plug on it all due to power costs here in australia....

I just grabbed the source off github maybe 45min ago.  getinfo returns this for version:
"version" : "v1.0.1-10-g9e563a0-dirty",

also, you can double check the debug.log for the StakeMinter output,

i got rich yesterday selling @ 3099. So your comment is lost on me. Like i said, if you have so much confidence, why dont YOU buy more? That way, the "FUD" I am spreading only benefits you.

That should be pinned !

1) When do untouched balances stake [days] ?
1. Untouched balances are eligible to stake after 8 hours.  When they will actually stake is a matter of random chance, just like finding a PoW block.  But the chance improves the more coins you have and the older the coins are.(and you have 100% chance after year)
2) Will all wallets with untouched balances stake ?
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
3. read # 1 & 2 again.
4) Is the qualification by random selection ?
4. read # 1 & 2 again.
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
5. read # 1 & 2 again.
6) When an amount is staked how long will this amount collect interest ?
6. Your question makes no sense.  Once you coins generate stake, they are added to your balance and are the eligible to stake again after 8 hours old.
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
7. This is compund interest is calculated more info there.
    https://en.wikipedia.org/wiki/Compound_interest#Compound_Interest
    I still don't understand PoS interest!
    Then think about it as 1% per year
8. Will locked wallets stake ?
8. No
9) Will encrypted wallets stake ?
9. Yes - if you unlock them, no if you keep them locked.
10) Will unopened wallets stake ?
10. No
11) will unecrypted wallet stake
11.  Yes unenecrypted wallet will stake without having to do anything
12) how make stake to be count ?
12.  Stake will be done automatically unless the wallet is encrypted/locked - This is the procedure to unlock an encrypted wallet
encrypt wallet with password, then use command :  walletpassphrase Yourpassphrasehere 99999 true
(99999) time to autolock again in (s).

13). How you can help Blackcoin rise?
Help others,join our growing community, speard around news about that coin arround.
14). I wan't just maxymalize my income what should i do ?
14. It looks naive but Donate why:
If someone will ever come here and see what power of community was managd to achievd with 0 premine he will invest.
1% now can give you +50% ore more in future this is how marketing works.
If you see that your money are wasted you wont donate anymore simple.
15) How donate ?
Threre are 2 types of donation for development and community bounties.
Like OP has writen progres in development adres in main post.

We have started a Community Bounty Drive.
Since BlackCoin has no premine there are no funds available for this and the Community
themselves will need to help out in this regard.
https://bitcointalksearch.org/topic/m.5424176

really mine says nothing like that...

Precisely.

I've been pondering selling a few k DOPE or maybe one AUR....

Well said  

Yes, because we can afford it.  A dip in the current market means nothing for long term prospective gains.  As i have mentioned before, this coin is less than 1 week old, you can't possibly see only an uptrend.  There will be swings every so often, but your sights need to be long.

Close to 400 BTC trade volume on MintPal in it's first 24 hours on the exchange! Phenomenal!