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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1722. (Read 2510308 times)

member
Activity: 73
Merit: 10
This is very interesting coin. Wonder what prices will be.
hero member
Activity: 1666
Merit: 565
Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.

only 1% years?HuhHuhHuhHuh??
full member
Activity: 182
Merit: 100
Longest confirmations ever.. Kinda hoping the pools don't disappear.. yet  Tongue
newbie
Activity: 4
Merit: 0
38 diff, omg, why me?
full member
Activity: 126
Merit: 100
KlondikeCoin - Get Real Gold !
Sounds interesting. Will point my miners to BlackCoin.
full member
Activity: 329
Merit: 197
Two-way squared
Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

It will stop mining Wink
hero member
Activity: 910
Merit: 1000
Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.

take a look at preminecoin for an example of how this will work.
hero member
Activity: 910
Merit: 1000
wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

way too cheap considering the difficulty
difficulty on a brand new coin is extremely unstable and will most likely drop off within the next 24 hours. It's a poor way of judging a brand new coin.
Especially with a 1 block readjustment rate. One or two big miners drop off and the difficulty is cut in half.
sr. member
Activity: 476
Merit: 250
Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?

New blocks will have 0 rewards, except for the transactions themselves. New coins will be staked via PoS @ 1% / year.
hero member
Activity: 690
Merit: 501
Can someone please explain to me exactly what is going to happen in about 1 week? I am mining now, will it stop being worthwhile to mine after that?
member
Activity: 112
Merit: 10
Quote from: Sparkzor
This is the real price:

Total BTC volume/Total BC volume (let's say 100m)          12,439,425 BTC/ 100,000,000BC              0.12439425
-------------------------------------------------   =     -------------------------------   =       ------------- = 0.00002487885BTC/BC
                     5000                                                                    5000                                     5000


That would make my 4.5k worth approx 0.11BTC
sr. member
Activity: 476
Merit: 250
Hello, please remember to vote for BlackCoin on CryptoRush.in!

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full member
Activity: 329
Merit: 197
Two-way squared
sr. member
Activity: 294
Merit: 250
Anyone selling? Not getting any hits on Marketplace forum, Ill go first.
newbie
Activity: 30
Merit: 0
Hello, please remember to vote for BlackCoin on CryptoRush.in!

https://www.cryptorush.in/index.php?p=vote
member
Activity: 112
Merit: 10
wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC.

I've seen 300 - 400 satoshi prices so far.
With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin...
theres an infinite amount of BC, just 100M the first year from what I understand.
Then 1% each year.
After 10 year it's 110,46 MIL. After 100 years it's 270.48MIL.
full member
Activity: 196
Merit: 100
want to buy 100,000 BC at 0.1

thats like muslims eating porkchops.. aint never gona happen
newbie
Activity: 42
Merit: 0
wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC.

I've seen 300 - 400 satoshi prices so far.
With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin...
theres an infinite amount of BC, just 100M the first year from what I understand.

Yes, but only 1% volume increase per year. It's kinda perfect inflation model.
full member
Activity: 308
Merit: 100
I think BC will be worth in a week 0,00002 Each at least
hero member
Activity: 910
Merit: 1000
wtb 5k for .011 btc

out of interest, what does everything else think about these prices? :./

220 satoshi's means a total market value of 220BTC (~125.000$) for all of BC.

I've seen 300 - 400 satoshi prices so far.
With this difficulty + the fact that you can't mine this in 1 week, 220 sat is way too low. It's the same market value as penguin coin...
theres an infinite amount of BC, just 100M the first year from what I understand.
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