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
Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1599. (Read 2510314 times)
February 28, 2014, 01:20:53 AM
February 28, 2014, 01:17:15 AM
Current block: 6000ish. 1500+ blocks are mined everyday.
Most whales will dump at 8500-9000ish.
As I said, a pre-pump until the last 9k ish blocks, then a big dump.
Check the 100 top addresses. These guys also want to cash out. 3000 satoshi is not sustainable.
Most whales will dump at 8500-9000ish.
As I said, a pre-pump until the last 9k ish blocks, then a big dump.
Check the 100 top addresses. These guys also want to cash out. 3000 satoshi is not sustainable.
Oh don't get me wrong I'm going to half my wallet soon and cash some out but I'm edging for 4 to 5k in the pre pump the other half I'm gonna keep for the POS to fully come into play and see what effect it has, you never know though the dev may have lots of stuff lined up for when we hit POS and he's just keeping it under wraps for now to see how his coin flourishes on nothing but hype
February 28, 2014, 01:06:11 AM
BlackCoin is now @ CoinMarketCap! And going up in the list)
Pretty cool. Already a $600K market cap with 50% mined and 1800 satoshi.
February 28, 2014, 12:57:38 AM
BlackCoin is now @ CoinMarketCap! And going up in the list)
February 28, 2014, 12:39:20 AM
Haha, I have never seen someone work this hard to make other dump their coins.
By the same logic, people should not trust when the whole "to the moon" talk is happening.
Usually, times like these are good to buy, and when everybody is planning on going to the space, be ready to dump.
February 28, 2014, 12:37:26 AM
Maybe some could put together a Bounty together with a new Windows wallet with InstaCash. Refer to him maybe. Dev(Rat4) will be up soon I think.
February 28, 2014, 12:36:38 AM
Code:

{
"blocks" : 5851,
"currentblocksize" : 1687,
"currentblocktx" : 3,
"difficulty" : {
"proof-of-work" : 283.05034418,
"proof-of-stake" : 0.15182615,
"search-interval" : 1
},
"blockvalue" : 1000000000000,
"netmhashps" : 24810.04023179,
"netstakeweight" : 9475834.49314684,
"errors" : "",
"pooledtx" : 3,
"stakeweight" : {
"minimum" : 56569,
"maximum" : 0,
"combined" : 56569
},
"stakeinterest" : 1000000,
"testnet" : false
}
What does this part mean?
"stakeweight" : {
"minimum" : 56569,
"maximum" : 0,
"combined" : 56569
},
Only those who have 56K are able to mine PoS?
February 28, 2014, 12:33:57 AM
The only thing I've stated is that we're near the end of the uptrend. I would carefully plan a strategy to exit in the next 24 hrs. Same for Mintcoin. No hate on BC though
On what basis ?
Current block: 6000ish. 1500+ blocks are mined everyday.
Most whales will dump at 8500-9000ish.
As I said, a pre-pump until the last 9k ish blocks, then a big dump.
Check the 100 top addresses. These guys also want to cash out. 3000 satoshi is not sustainable.
February 28, 2014, 12:31:29 AM
The only thing I've stated is that we're near the end of the uptrend. I would carefully plan a strategy to exit in the next 24 hrs. Same for Mintcoin. No hate on BC though
On what basis ?
February 28, 2014, 12:27:59 AM
Haha, I have never seen someone work this hard to make other dump their coins. If you hate BC so much, why are you in this forum trash-talking everyone who likes it? It's really annoying man, and it's not going to work. Blackcoin has achieved a net hashrate in 3 days that most other coins will never achieve. Can't be totally worthless. Seriously, just leave instead of spending all day in a thread for a coin you hate, just trying to down everyone else. Not cool dude.
When did I say worthless?
The only thing I've stated is that we're near the end of the uptrend. I would carefully plan a strategy to exit in the next 24 hrs. Same for Mintcoin. No hate on BC though.
Again, 3000 satoshi for one BC is very profitable for miners, traders, etc. 2000 will see more stability, but do not expect miracles..
February 28, 2014, 12:21:26 AM
So many pithy self-appointed fusspot douchebag coin-assessors here.
February 28, 2014, 12:20:28 AM
At 1MH you can mine about .3 LTC per day...... A person with a stake of about 10000 BC will generate about .3 BC.......
Better dump your LTC guys its not worth it to have by this guys logic.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
Better dump your LTC guys its not worth it to have by this guys logic.
Isn't the inflation going to stop suddenly once all coins are mined thus making them much more rare instantly? Could see a huge upward swing.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
i hope youre joking.
How can you even compare BC to LTC? lmao
Yeah, keep your coins and let them stake. Have fun making pennies
Haha, I have never seen someone work this hard to make other dump their coins. If you hate BC so much, why are you in this forum trash-talking everyone who likes it? It's really annoying man, and it's not going to work. Blackcoin has achieved a net hashrate in 3 days that most other coins will never achieve. Can't be totally worthless. Seriously, just leave instead of spending all day in a thread for a coin you hate, just trying to down everyone else. Not cool dude.
February 28, 2014, 12:20:04 AM
Like I said, love the concept of the coin, but we need help with wallet and dev to show up then ill buy back in
February 28, 2014, 12:16:00 AM
At 1MH you can mine about .3 LTC per day...... A person with a stake of about 10000 BC will generate about .3 BC.......
Better dump your LTC guys its not worth it to have by this guys logic.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
Better dump your LTC guys its not worth it to have by this guys logic.
Isn't the inflation going to stop suddenly once all coins are mined thus making them much more rare instantly? Could see a huge upward swing.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
i hope youre joking.
How can you even compare BC to LTC? lmao
Yeah, keep your coins and let them stake. Have fun making pennies
February 28, 2014, 12:14:23 AM
if you dont think you should dump a portion now, you have lost your mind. 1950 and dropping. Dont care if 24 hrs ago had a lower price, cant make money when there is no uptrend.
Quote
Top Sell Orders
PRICE (BTC) BC BTC
0.00001997 4068.57761081 0.08124949
0.00001998 2000.00000000 0.03996000
0.00001999 505.16624392 0.01009827
0.00002000 8395.85800481 0.16791716
0.00002089 668.00000000 0.01395452
0.00002090 8974.21751811 0.18756115
0.00002100 10500.00000000 0.22050000
0.00002199 1520.06007713 0.03342612
PRICE (BTC) BC BTC
0.00001997 4068.57761081 0.08124949
0.00001998 2000.00000000 0.03996000
0.00001999 505.16624392 0.01009827
0.00002000 8395.85800481 0.16791716
0.00002089 668.00000000 0.01395452
0.00002090 8974.21751811 0.18756115
0.00002100 10500.00000000 0.22050000
0.00002199 1520.06007713 0.03342612
To me it looks like MINT miners dumping their BC to buy MINT and accumulate 10x more MINT compared to mining. They can only do that do while the PoW for BC is still there.
February 28, 2014, 12:12:21 AM
At 1MH you can mine about .3 LTC per day...... A person with a stake of about 10000 BC will generate about .3 BC.......
Better dump your LTC guys its not worth it to have by this guys logic.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
Better dump your LTC guys its not worth it to have by this guys logic.
Isn't the inflation going to stop suddenly once all coins are mined thus making them much more rare instantly? Could see a huge upward swing.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
February 28, 2014, 12:08:04 AM
lol @ all the trolls really coming out of the woodwork to bash this coin. Must suck to have a child's mentality: You missed out, so nobody should make any money. I've missed out on so many coins, but I always supported those who made it. Honestly, why would someone who doesn't support Blackcoin be in this thread bashing it? They want to buy in 2 days ago. Don't worry, petty people, another train will come. I'm just glad I hopped on this one. 
I swear this site is a mirror image of the RubyCoin page, that coin just launched the other day and it's just like this over there. Two days in and people were still crying about the launch. I truly believe over there just as here, they've got guys trying to either scare people into dumping their coins cheap or to get them to stop mining the coin so the difficulty drops and they can mine more easily. It sure does get annoying seeing people do nothing but cry.
Just go find a coin that you can mine and enjoy, it's that simple. I don't see the point of sticking around someplace where you're obviously miserable.I totally agree, it's getting very old hearing people bash a coin that's less than a week old. Very few coins are this mature at 1 week. It's so tiring to see people do nothing but try to scare others. If they hated Blackcoin this much, they would move to another thread.
February 28, 2014, 12:04:29 AM
Isn't the inflation going to stop suddenly once all coins are mined thus making them much more rare instantly? Could see a huge upward swing.
What is the incentive to invest in BC after the 10,000 blocks? Who gives a sh** about rarity? If the coin receives no development and isn't backed by a strong community (see Noblecoin), then BC will die.
BTW, at 2200 satoshi (current market price) I believe the total market cap is already around $2M USD. It's a bubble. Get out at 3000 satoshi and call it a day
February 28, 2014, 12:04:17 AM
Lol your point of view is fail for the future of cryptocurrencies. You should take your quick buck attitude over to the latest sub-satoshi spamcoin and start mining it for the next rush.
With PoW: 15,000,000 mined everyday. (1,500 blocks/day @ 10,000 coins/block)
With PoS: 2,740 mined everyday.
PoS generates 0.02% of what we currently get with PoW at time of post. You call this steady growth? I call this death
It's not even worth it.
Again, my predictions; perhaps a pre-pump to the 10,000 mined block, then a big fat dump from whales.
There will be about 2740 new coins generated per day. That's more than some coins that are POW on the market today. The stability of POS along with the amount of coins generated not being insane will allow for a steady growth.
Maybe not. Little incentive to mine, PoS reward is very low compared to Mintcoin. What makes BC a good coin?
No development, no games, no news, dev doens't even post here
I think after the 10000 blocks, one big dump and that's it.
Gonna be a whole lot of people regretting dumping in about 5 days.
Maybe not. Little incentive to mine, PoS reward is very low compared to Mintcoin. What makes BC a good coin?
No development, no games, no news, dev doens't even post here
I think after the 10000 blocks, one big dump and that's it.
With PoW: 15,000,000 mined everyday. (1,500 blocks/day @ 10,000 coins/block)
With PoS: 2,740 mined everyday.
PoS generates 0.02% of what we currently get with PoW at time of post. You call this steady growth? I call this death
It's not even worth it.
Again, my predictions; perhaps a pre-pump to the 10,000 mined block, then a big fat dump from whales.
February 28, 2014, 12:03:42 AM
There will be about 2740 new coins generated per day. That's more than some coins that are POW on the market today. The stability of POS along with the amount of coins generated not being insane will allow for a steady growth.
Maybe not. Little incentive to mine, PoS reward is very low compared to Mintcoin. What makes BC a good coin?
No development, no games, no news, dev doens't even post here
I think after the 10000 blocks, one big dump and that's it.
Gonna be a whole lot of people regretting dumping in about 5 days.
Maybe not. Little incentive to mine, PoS reward is very low compared to Mintcoin. What makes BC a good coin?
No development, no games, no news, dev doens't even post here
I think after the 10000 blocks, one big dump and that's it.
With PoW: 15,000,000 mined everyday. (1,500 blocks/day @ 10,000 coins/block)
With PoS: 2,740 mined everyday.
PoS generates 0.02% of what we currently get with PoW at time of post. You call this steady growth? I call this death
It's not even worth it.
Again, my predictions; perhaps a pre-pump to the 10,000 mined block, then a big fat dump from whales.
most will dump around 9500+ , it would be to late to wait until after. Look at mint, thats exactly what is going on right now.
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