[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1626.

blade87

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Activity: 644

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Quote from: hoju2k on February 27, 2014, 01:19:12 PM

Quote from: NutMasterTardd on February 27, 2014, 01:17:08 PM

I mean it's definitely got the potential to be over 5k just someone could dump and cause panic selling or other variables.. always too many variables.

Yeah I'm a little concerned about what will happen after the mining hype ends. This coin needs a reason to be used.

I am very interested to see what is going to happen after PoW ends. Because from there on out, there is no maintenance cost due to miners. It becomes like QRK in a sense - it can be pumped and pumped and pumped and there will be no miners to worry about mining and dumping. There will be PoS, but there will be very few coins mined compared to PoS.

QRK had one of the biggest rises in all of cypto history, and imo - due to the lack of maintenance cost. So I will definitely be holding some BC even as this PoS. I just need to decide how much.

illodin

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Activity: 966

Merit: 1003

Quote from: jomama22 on February 27, 2014, 10:52:39 AM

blackcoins issue is lack of buy support. At any given moment, it would take just a 5btc dump to clear the buy boards.

Dont be surprised to fall under 1000 satoshi and not be able to get back over.

Yea and looking at those multimillion wallets just waiting to dump doesn't exactly make people believe in steady price growth. As soon as there is enough buy support the megadumps will begin. Guess having lots of money doesn't mean lots of smarts. They should've at least divided the coins into multiple wallets so it wouldn't look so bad.

Add to that a dev who doesn't bother to explain exactly how the PoS will work with this coin (probably because he doesn't even know it himself) and the fact that there are no plans whatsoever except to trade to get BTC I wouldn't be surprised to see steady decline in price after the mining phase is over and people losing interest as nothing is happening.

Ok one might argue that the community will take over the marketing and development and planning, but this community will be just too busy mining and speculating and pumping the next promising alt within 10 days.

I guess it all comes down to timing the exit perfectly and to not be left holding the bag.

hoju2k

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Activity: 126

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Quote from: NutMasterTardd on February 27, 2014, 01:17:08 PM

I mean it's definitely got the potential to be over 5k just someone could dump and cause panic selling or other variables.. always too many variables.

Yeah I'm a little concerned about what will happen after the mining hype ends. This coin needs a reason to be used.

binaryclock

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Activity: 238

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We're up and stable. Mine with us for win Wink

NutMasterTardd

legendary

Activity: 1512

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Quote from: hoju2k on February 27, 2014, 01:15:02 PM

Quote from: NutMasterTardd on February 27, 2014, 01:12:52 PM

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Because nobody knows if it will go over 5000 lol, guess they want a profit now.

Exactly.

I mean it's definitely got the potential to be over 5k just someone could dump and cause panic selling or other variables.. always too many variables.

hoju2k

full member

Activity: 126

Merit: 100

Quote from: NutMasterTardd on February 27, 2014, 01:12:52 PM

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Because nobody knows if it will go over 5000 lol, guess they want a profit now.

Exactly.

hoju2k

full member

Activity: 126

Merit: 100

Quote from: BitcoinStacker on February 27, 2014, 01:12:48 PM

Quote from: hoju2k on February 27, 2014, 01:10:39 PM

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Why? They are making money.

Look at the difficult and the hashrate, we are almost on 50% this coin will be worth much more

Possible, but not certain.

NutMasterTardd

legendary

Activity: 1512

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Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Because nobody knows if it will go over 5000 lol, guess they want a profit now.

BitcoinStacker

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Activity: 308

Merit: 100

Quote from: hoju2k on February 27, 2014, 01:10:39 PM

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Why? They are making money.

Look at the difficult and the hashrate, we are almost on 50% this coin will be worth much more

JustBlaze

newbie

Activity: 42

Merit: 0

Quote from: hoju2k on February 27, 2014, 01:10:39 PM

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Why? They are making money.

Yep people make good money even at that price. I'm holding

hoju2k

full member

Activity: 126

Merit: 100

Quote from: BitcoinStacker on February 27, 2014, 12:56:57 PM

Lol i dont understand ppl who are selling this coin below to 5000 satoshi

Why? They are making money.

davetheshrew

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Activity: 140

Merit: 100

diff at 297 o_0

jomama22

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errrmahgerrd lets go CR....im sure they are just moving servers but come on! lol

BitcoinStacker

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Lol i dont understand ppl who are selling this coin below to 5000 satoshi

SCryptoMiners

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Activity: 112

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Quote from: Miner232432 on February 27, 2014, 12:46:24 PM

Quote from: SCryptoMiners on February 27, 2014, 12:42:08 PM

Quote from: Volandovich on February 27, 2014, 11:30:27 AM

http://bc.scryptominers.com The pool steals and as draw their scam, I was on the first place according to Donat, and me simply removed from the list.

Not true.

You will see your correct donation stats soon.

We are rewriting that code to display the top 15 donators as it caused VERY high load on the server and was part of the overload issue we experienced earlier.

Are you guys factoring in the downtime for the competition ? ie down for 2 hours, now you only need the kh/s for 22 hours ?

Yes, we are. Will post an update soon about it on the news page. Trying to work fast, still sorting out our other pools.

Miner232432

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Activity: 210

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Quote from: BitcoinStacker on February 27, 2014, 12:54:13 PM

30,9 Gh/s WOWWWWWWW

Brace for another Ddos Roll Eyes

BitcoinStacker

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30,9 Gh/s WOWWWWWWW

Sanasol

member

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BlackCoin Profit Calculator and diff/hashrate chart

Welcome

NutMasterTardd

legendary

Activity: 1512

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Not on coinmarketcap yet?

Miner232432

full member

Activity: 210

Merit: 100

Quote from: SCryptoMiners on February 27, 2014, 12:42:08 PM

Quote from: Volandovich on February 27, 2014, 11:30:27 AM

http://bc.scryptominers.com The pool steals and as draw their scam, I was on the first place according to Donat, and me simply removed from the list.

Not true.

You will see your correct donation stats soon.

We are rewriting that code to display the top 15 donators as it caused VERY high load on the server and was part of the overload issue we experienced earlier.

Are you guys factoring in the downtime for the competition ? ie down for 2 hours, now you only need the kh/s for 22 hours ?

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1626. (Read 2509925 times)