There was no premine, I started mining at 4 min after launch and you could tell no premine by the block height on the wallet. Diff adjusts every block so this coin didn't even give advantage to early miners as hashrate increase follows by an immediately diff increase.
It was probably the fairest launch I've seen. People with balls bought large sums (and still do), multipools started raping this even before exchanges existed - that's what you see in top 100 rich list.
Now go see top 100 BTC rich list and tell me how you feel about that?
Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1593. (Read 2509925 times)
February 28, 2014, 08:22:12 AM
February 28, 2014, 08:09:17 AM
February 28, 2014, 08:03:15 AM
Prices could go to 100 satoshi or 10000 sat
The answers from the Dev will make all the difference :
The mandatory questions to the developer are:
1) When do untouched balances stake [days] ?
2) Will all wallets with untouched balances stake ?
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
4) Is the qualification by random selection ?
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
6) When an amount is staked how long will this amount collect interest ?
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
8. Will locked wallets stake ?
9) Will encrypted wallets stake ?
10) Will unopened wallets stake ?
WARNING: The developer has a duty to clearly outline the POS parameters of his COIN
The answers from the Dev will make all the difference :
The mandatory questions to the developer are:
1) When do untouched balances stake [days] ?
2) Will all wallets with untouched balances stake ?
3) If the answer to quest#2 is NO then which qualifying wallets will stake?
4) Is the qualification by random selection ?
5) If not all qualified wallets stake, what proportion of the 100,000,000 coins will stake ?
6) When an amount is staked how long will this amount collect interest ?
7) Is the stake interest rate 1% per annum, per 8 hours, etc, etc ?
8. Will locked wallets stake ?
9) Will encrypted wallets stake ?
10) Will unopened wallets stake ?
WARNING: The developer has a duty to clearly outline the POS parameters of his COIN
No one owes you an explanation you ass clown. You are the one who should do your own research, POS has been explained over and over, and you still want to be spoonfed.
here you go. once again.
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.
2. Eventually it is most likely that they will stake, you will have to be very unlucky not to.
3. read # 1 & 2 again.
4. read # 1 & 2 again.
5. read # 1 & 2 again.
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. Per annum
8. No
9. Yes - if you unlock them, no if you keep them locked.
10. No
February 28, 2014, 08:02:38 AM
2014-02-28 11:48:37 SELL 0.00001744 0.40000000 0.00000697
2014-02-28 11:47:55 BUY 0.00001750 1964.65200000 0.03438141
2014-02-28 11:47:55 BUY 0.00001746 321.08124157 0.00560608
2014-02-28 11:47:49 SELL 0.00001746 0.40000000 0.00000698
2014-02-28 11:47:30 SELL 0.00001748 0.40000000 0.00000699
2014-02-28 11:46:47 SELL 0.00001610 23389.37938355 0.37656900
2014-02-28 11:46:47 SELL 0.00001749 0.40000000 0.00000699
2014-02-28 11:46:30 SELL 0.00001776 9000.00000000 0.15983999
2014-02-28 11:46:30 SELL 0.00001797 0.40000000 0.00000718
2014-02-28 11:46:01 SELL 0.00001610 21605.28954955 0.34784516
2014-02-28 11:45:57 SELL 0.00001798 0.40000000 0.00000719
See all the .4BTC sells @1750? Those were buys placed higher than the going sell price... Nice Obvious trade manipulation.....
2014-02-28 11:47:55 BUY 0.00001750 1964.65200000 0.03438141
2014-02-28 11:47:55 BUY 0.00001746 321.08124157 0.00560608
2014-02-28 11:47:49 SELL 0.00001746 0.40000000 0.00000698
2014-02-28 11:47:30 SELL 0.00001748 0.40000000 0.00000699
2014-02-28 11:46:47 SELL 0.00001610 23389.37938355 0.37656900
2014-02-28 11:46:47 SELL 0.00001749 0.40000000 0.00000699
2014-02-28 11:46:30 SELL 0.00001776 9000.00000000 0.15983999
2014-02-28 11:46:30 SELL 0.00001797 0.40000000 0.00000718
2014-02-28 11:46:01 SELL 0.00001610 21605.28954955 0.34784516
2014-02-28 11:45:57 SELL 0.00001798 0.40000000 0.00000719
See all the .4BTC sells @1750? Those were buys placed higher than the going sell price... Nice Obvious trade manipulation.....
February 28, 2014, 07:58:31 AM
How do I know if PoS is set up properly?c 
1. Have correct wallet version, open wallet, let it sync.
2. If you have encrypted (which you should), unlock wallet (this is done in debug window=>console tab, instructions posted further up in thread if you don't know how).
3. Leave wallet open, wait for it to stake some coins.
4. Oh - and you need some coins to begin with, matured min 8 hours. In your wallet.
ok, I bought some earlier yesterday and some today thanks. I'll leave the wallet open.
Full disclosure: I have done all the above, hold about 75k, most of it transferred into my wallet 24 hours ago. Have not had any coins stake since unlocking at block 5000. Not yet. Just reporting.
February 28, 2014, 07:58:06 AM
man reading all this complaining , crying, bitching and moaning makes me laugh my ass off
the same motherfuckers did this when vertcoin was out
sold early like absolute morons , vertcoin went to .01 on cryptsy and they sold 6000 @ .000046
go ahead sell your black fuck ill buy them
dumpers gone dump whiners gone whine
to everyone else , happy profits
the same motherfuckers did this when vertcoin was out
sold early like absolute morons , vertcoin went to .01 on cryptsy and they sold 6000 @ .000046
go ahead sell your black fuck ill buy them
dumpers gone dump whiners gone whine
to everyone else , happy profits
+1
+2
+3
Sell 2014-02-28 10:12:30 734.29847999 0.00001405 0.01031689
Sell 2014-02-28 10:10:39 33796.00000000 0.00001404 0.47449584
Sell 2014-02-28 10:05:59 1807.31040512 0.00001402 0.02533849
Sell 2014-02-28 10:05:52 2181.27721825 0.00001402 0.03058151
Sell 2014-02-28 10:02:26 1750.00000000 0.00001401 0.02451750
I dont see why wolong would be touching this coin, hes a total dick and a cancer to crypto, I hope he doesnt ever buy a single bc.
February 28, 2014, 07:54:55 AM
The BlackCoin = The American Express Black Card
Miners need to quit selling their coins so cheap. You will be sorry that you did.
Miners need to quit selling their coins so cheap. You will be sorry that you did.
Step: 1 Go to mintpal.com
Step: 2 Watch ppl place buy orders for waaaay over the current price to inflate the current trade history.
Step: 3 Go to the forum and ask people to stop selling their coins so cheap.
February 28, 2014, 07:53:26 AM
how many days before PoS will start?
0
POS went into effect at block 5,000
ahhhhhhh thx!
so, it's time to stop to mine this coin!
February 28, 2014, 07:53:08 AM
http://bc.scryptominers.com/ hasn't updated the unexchanged in a few hours now... is it broken?
ED: i bought 30k at 2175 satoshi.. wish i sold at 2700 so i could buy more now it's around 1700
WTS 250k doge for blackcoin pm me.
ED: i bought 30k at 2175 satoshi.. wish i sold at 2700 so i could buy more now it's around 1700
WTS 250k doge for blackcoin
pm me. February 28, 2014, 07:52:15 AM
The BlackCoin = The American Express Black Card
Miners need to quit selling their coins so cheap. You will be sorry that you did.
Miners need to quit selling their coins so cheap. You will be sorry that you did.
February 28, 2014, 07:51:12 AM
How do I know if PoS is set up properly?c
1. Have correct wallet version, open wallet, let it sync.
2. If you have encrypted (which you should), unlock wallet (this is done in debug window=>console tab, instructions posted further up in thread if you don't know how).
3. Leave wallet open, wait for it to stake some coins.
4. Oh - and you need some coins to begin with, matured min 8 hours. In your wallet.
ok, I bought some earlier yesterday and some today thanks. I'll leave the wallet open.
February 28, 2014, 07:48:37 AM
Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Game available at Just An Arcade
How can it cost 2000 in fee when first prize is 1000? Makes no sense.
February 28, 2014, 07:46:28 AM
How do I know if PoS is set up properly?c
1. Have correct wallet version, open wallet, let it sync.
2. If you have encrypted (which you should), unlock wallet (this is done in debug window=>console tab, instructions posted further up in thread if you don't know how).
3. Leave wallet open, wait for it to stake some coins.
4. Oh - and you need some coins to begin with, matured min 8 hours. In your wallet.
February 28, 2014, 07:46:08 AM
man reading all this complaining , crying, bitching and moaning makes me laugh my ass off
the same motherfuckers did this when vertcoin was out
sold early like absolute morons , vertcoin went to .01 on cryptsy and they sold 6000 @ .000046
go ahead sell your black fuck ill buy them
dumpers gone dump whiners gone whine
to everyone else , happy profits
the same motherfuckers did this when vertcoin was out
sold early like absolute morons , vertcoin went to .01 on cryptsy and they sold 6000 @ .000046
go ahead sell your black fuck ill buy them
dumpers gone dump whiners gone whine
to everyone else , happy profits
+1
+2
+3
Sell 2014-02-28 10:12:30 734.29847999 0.00001405 0.01031689
Sell 2014-02-28 10:10:39 33796.00000000 0.00001404 0.47449584
Sell 2014-02-28 10:05:59 1807.31040512 0.00001402 0.02533849
Sell 2014-02-28 10:05:52 2181.27721825 0.00001402 0.03058151
Sell 2014-02-28 10:02:26 1750.00000000 0.00001401 0.02451750
February 28, 2014, 07:40:06 AM
Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Game available at Just An Arcade
February 28, 2014, 07:39:30 AM
Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Sent you 1,000. Keep up the good work! Ill promote the coin the best I can!
Cheers
February 28, 2014, 07:39:14 AM
How do I know if PoS is set up properly?c
February 28, 2014, 07:37:30 AM
Dev has been here and updated the OP post ( you can see comments and more explanation on PoS, also the topicname has changed ).
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
Community Bounty Drive
I, and many others, want this coin to succeed. For this to happen there needs to be more than just exchanges. A vibrant community with places to spend your BC is needed and I personally want to make help this happen. I have previously set up the website (http://www.blackcoin.co) and the Social Media accounts that are available right now (http://twitter.com/coinblack).
Since there is no premine there are currently no funds available to set bounty's with. That is why I have opened up a wallet with the following address:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c
Donate some BC, either it be 10, 100 or 1000, all is welcome.
I will be setting bounty's for:
Android Wallet
Paper Wallet
Games
Tipbots
Faucets
Stores
And other things that come to mind.
If you are able to make one of these things happen, please start making them.
If you are not able but want this coin to succeed: Please donate.
------------
I'll also be working on the website more today, expect updates.
February 28, 2014, 07:26:44 AM
I have seen 500k sell order on Mintpal, and suddenly everybody start selling... If someone holding 500k, then it is a very risky coin to invest.
I have 400k and i'm no insider, just been mining for a few days and earned every single one of them.
Good to know. Thanks
I am staying away then. Good luck.
That sounds like a good plan for you, good luck to you!
My plan is usually to buy when people are selling, and sell when people are buying, it works for me.
What do you do now? Since allcoin and cryptoaltex are dumping while mintpal is pumping? Just Arbitrage?
February 28, 2014, 07:23:11 AM
how many days before PoS will start?
0
POS went into effect at block 5,000
for those who are lucky enough for the stake to work, the rest of us miss out.... unless it resets the timer everytime a deposit is made.... can someone clear that idea up for me?
Why wouldn't it work for u? Just keep your wallet open and unlocked. Received 2 stakes already.
And for all those whiners that complain about instamining, there was no instamine. I was there at the 6 am launch and diff shooted right up at start.
Just bought some more of them cheap BC! At these prices mining isn't profitable so i'd better buy some while its so undervalued.
my wallet has been open for almost 24 hours now, havent touched it. only deposits have been comming in from greekpool and mintpal as i buy small amounts.... and yea no stake for me yet.
It will come, its partly luck. I had 2 stakes within 10 minutes but haven't received since yesterday night.
And to the guy saying this coin is for the ppl who missed the train on mint:
This coin is leaving faster than mint and will be PoS sooner then MINT.
This coin was announced before the pump of mint (i know because i had my eyes on this coin before the pump)
The train hasn't even left the station, you can still mine it. You haven't missed the train till PoS begins.
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