Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 318. (Read 2510350 times)

The synching really adds to the whole impact!  Very nice!

http://blackcha.in/address/B83HKi1wqsZHqJSH6u24CYUxyqD51VKRrE

my point is that at the time of my donation, the FIAT value was close to 100$ i didnt do the math, the numbers are only to prove a point. The value of the currency at the time of donation can fluctuate, so a dip or a rise could throw off all the math if he'scashing out daily. And there is no transparency to someone cashing it all out. Every single legit BTC and Doge charity will leave the wallet alone so people can verify exactly where their donations are and when they are being spent. For all we know he's paying his bills with it. Plus what if you don't hit your target and have to pay people back? are you going to pay out 6K out of your own pocket if it drops 50% like you stated it could? I highly doubt it. YOU SHOULDNT BE CASHING OUT UNTIL YOUR GOAL IS REACHED IN THE FIRST PLACE. If you are spending donations and your goal doesnt get met then all the money spent up to that point is lost. protect yourself and your investors donations. dont spend the funds until they are all collected.
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lol...No one thinks I raised $12,000 or $16,000 in this short span of time. The Dev team has much more support than me for their project and they are roughly where I am at in donations. I am not stupid...I know people can easily track the transactions...You are not even trying to make this seem believable.  But hey...if "operation discredit" is still on then have fun with it...

Ignored...

Astro, I think I understand. In a way I am sorry we didn't come to the forum sooner, but at the same time, if you look at the state of this place you may be able to understand our hesitation. Also, we felt the idea needed to be somewhat guarded (we have had so many clones recently!).

I honestly did not expect donations until after a real strategy plan was released but we also wanted to test the community's response. Please understand it is very difficult to secure funding for this, and to be taken seriously by PR firms. It was like walking a tight rope really, balancing being a non-entity cryptocurrency crowdsourcing for funding, while not wanting to announce to the crowd at large what we were planning for fear of copycat ventures beating us to it.

barabbas I do not have 800k. That whole ledger looks wrong. I have not made a single transaction since 4/28. I don't know what that is showing.

edit: I asked for explanation and apparently staking is somehow shown as transactions... and when you see 800k it is at the end of the block in which 400k staked?

I do not understand it myself but I hope you will investigate and come to your own conclusions. Perhaps there is a better blockchain viewer?

Agreed the lack of accountability is astounding  from IE.  The lack of transparency also astounding.  Why is it so hard to get basic info from him?  I honestly have no idea.  Simple English and simple answers is all that's required to shut people asking this info up. Yet it's like talking to the cable company to have them turn off your service, round and round we go with little to no info.  Seriously whats so hard about showing hard stats backed up by the blockchain of all donations involved.

Anyways.  Once again i don't expect actual answers like my questions about security.  I expect answers like from him like "Always attacking me", "Use the search function"(for unrelated info), "blah fucking blah".

God it's infuriating.

Actually i don't have all the answerers m8.
But no one bothered to ask before the decision was taken about the PR company.

I like the fact there is now a thread on Reddit for input, sadly I think it should have come prior to commitment to such a large single $$ project.

I am still not convinced by the 3rd party PR company hence you have no donation from me as yet ,but we are here to be convinced and open to discuss if it IS the best option.

Sadly i feel its a little like locking the door after the horse has bolted.

that's one of the beauties of crypto: you can track all transactions (I doubt that IE sent all of them through a mixer...)
People know exactly what their BC/BTC/whatever are in FIAT when they donate, so exchanging them at the current rate should not be a problem at all. Or do you donate tiny amounts in the hope they will be worth anything once the donations are actually needed?

Ehm, on a quick note, that address:

http://explorer.blackcoin.co/address/B83HKi1wqsZHqJSH6u24CYUxyqD51VKRrE

Has never contained more than 500K BLK...

+1 i like that fact your digging for transparency also.

Please don't take this the wrong way, but how? I am really asking. Present your ideas in a clear and concise manner and people will surely donate (if that's necessary).

Thank you for the relative transparency -your real name would have been a great improvement there- in presenting your bio and, above all, for the link to your wallet. I see that you seem to be quite a whale on occasion, having "played' widely in the last 2 months with roughly 400,000 BC, besides your core holding of another 400k.

This sir could present a problem going forward: As you know, in the real world, so called "insiders" are legally barred from selling stock of their companies (or companies in which they have access to privileged information). I'm sure you clearly see the conflicting part that is the reason behind those laws... but here, we are in a sort of Wild West by which someone like you could greatly benefit from the information accessible to all "Foundation" members before it is made public, therefore, someone with your means, could easily increase his holding, by a double factor, on knowledge of some announcement likely to move the coin price, and proceed to dump it immediately upon the announcement. And still claim he has not touched his core position. Obvious conflict of interest, don't you think?

You volunteered (thank you) that you have given 80k coins to different causes including Conkite and that once you owned 500K BC, when we can all see than once you owned significantly more than 500K. Now, please try and distance yourself a bit and tell me if you don't see that similar activity to the one shown by your wallet moves, cannot possibly be legitimately maintained in the future if you are, indeed, a member of the proposed Foundation.

And, sir, let me ask you something else since you have shown intent on transparency: Is that the only wallet you own or control? Do family members or friends, or associates, have also wallets of BC? I'm sure you can see the very significant and clear conflict of interests that the sole idea of the Foundation presents... We all know that, at least by his own words, Soepkip own "about 100K BC" and that he only sells to "pay the rent". He's a member of the dev team, therefore privy to all shorts of inside info and I am pretty sure he chooses carefully his sales to benefit from that info. Not very ethical but unavoidable, I believe. But why add a whole huge scope of conflicting interests with 20 or more people with constant and direct access to info and projects from which they and their families, friends and associates can benefit, directly in detriment of the community at large?

Of course, the bulk of the community only cares about the price currently breaking up or breaking down from 30k, so they will push and push and push for whatever they perceive to the catalyst that propels the price up -to their selling point, today, within an hour if possible- not about the future of the coin. Why would the proposed members of the "Foundation" be different when they can and will in fact benefit much more from their privileged acces to information, while still keeping "core positions" to show when, in fact those positions, core as they might be, are worth mnuch, much less than the proceeds from their trading and that of their friends, family and associates?

On this alone I pledge that the idea of the "Foundation" should be a no go and that, if it is, it will provoke a massive run away from BC by both miners, traders and investors. In other words, the game would be blatantly rigged... actually, not in other words, in those exact words. So, once again appealing to saner minds, be sure any changes implemented will benefit -as opposed to destroy- this coin. The "Foundation" is one such change.

Nothing wrong with the way you have done it - even the other fund state value in $US, so they must have converted to FIAT.

Just keep up updating us how close to the target we are in $$ terms so we can figure out if we can hit it.

BTW if we miss it due to low donations, then what ? (don't refund but maybe a time extension or a water down version??)

thanks

since 25k doge are roughly $12,- you shouldn't say $100, that's true.
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my point is that at the time of my donation, the FIAT value was close to 100$ i didnt do the math, the numbers are only to prove a point. The value of the currency at the time of donation can fluctuate, so a dip or a rise could throw off all the math if he'scashing out daily. And there is no transparency to someone cashing it all out. Every single legit BTC and Doge charity will leave the wallet alone so people can verify exactly where their donations are and when they are being spent. For all we know he's paying his bills with it. Plus what if you don't hit your target and have to pay people back? are you going to pay out 6K out of your own pocket if it drops 50% like you stated it could? I highly doubt it. YOU SHOULDNT BE CASHING OUT UNTIL YOUR GOAL IS REACHED IN THE FIRST PLACE. If you are spending donations and your goal doesnt get met then all the money spent up to that point is lost. protect yourself and your investors donations. dont spend the funds until they are all collected.

Different age, not blinded by their past techniques - exactly why technology companies recruit from universities. They then are managed. You think a PR company will have seasoned PR executives doing the donkey work or interns ?

Do you think they would work as hard as someone who NEEDS to prove themselves to secure their future/job ?
Not when they are getting paid regardless. Zero accountability if it does not succeed for them 'hey we did what we said we would, sorry it did not work out'.
I can't say what is best - but i can sure ask the question and throw some differing ideas.

I can't answer this as I am not informed about the WHO -obviously you are.

Actually, they do have medical students in surgery. But that is slightly different and a very poor analogy.


I understand the funding is to buy certain contacts and gain exposure. but there are other ways to accomplish the same thing rather then a 90day balls out approach that will cost 30K.

I do have a little experience in marketing, however its mostly in Premier league Football(English), so can only base my POV from what I see there.

WTF are you babbling about? I HAVE to convert it to FIAT first before I can use it. Tell me genius how do I pay for everything if it is not converted to FIAT? Are you seriously suggesting that I should keep the coins in cold storage until it is needed? Because if you are then you sir should never take donations. BTC could drop to $300 tomorrow and then the value of the donations will decrease..WOW

You didn't get the memo? "Operation Discredit" was called off...

since 25k doge are roughly $12,- you shouldn't say $100, that's true.

Some are the worst too. I'm in grad school (marketing) in a top 10 program and know it would be difficult to get this implemented. Many students, and at times myself included, are just trying to survive. Get the grade to pass and move on. Get the degree and get outta there. Obviously many are incredibly motivated, but how do you know who you're getting? Do they even know what crypto is as well? How will you find students who will take this on and give it 110%? Who will be willing to work tirelessly for us on top of being in school and maybe working/interning (depending on the school)? Many programs, mine included, ask students to not get a job because there is no time for anything else. Obviously getting an MBA is no walk in the park. Also to get them to do this as a project for credit is very tough, with accreditation standards and getting it integrated into the curriculum, considering faculty have already created a syllabus. So it might be more trouble than its worth anyway, and then not being confident in the results? I know even with a pro firm it's risky, but as I've mentioned before, some will be hits and some will be misses. Donate to what you want to. I have faith the team have already asked theses questions and thought this through.




I agree with this 1000000%. So well said. And I think that's what's great. You can contribute if you believe in it, you can fund something else if you're not. But I also believe these questions have been asked and thought about and if it works, we all win. If it doesn't, back to the drawing board and let's try something else. That's the only way we will ever make progress. Take risks, try new things, and make progress!

people arent donating FIAT equivalencies are they? Thats foolish to even do. Just calculate it all at the end and you wouldnt have to do that. That just seems fishy. Like I wouldnt donate 3200 BC and say its worth 440$, I would donate and say its worth 3200 BC. Ive never donated any form of crypto where I assigned it a FIAT value at the time of donation. I donated 25k doge in februrary but i dont go around saying i donated 100$, I say 25k doge. With your logic, if someone donates and the price goes UP, you get to keep the rest?

I knew there was a reason I quit reading this thread weeks ago.  I came to catch up and all still the same Ego's and infighting.  

No one owns black coin, neither Iconic or the "foundation", so everyone should quit fighting about who is in "control" of this coin.  Everyone who believes in the coin is free to promote it however they see fit.

All the fighting is nothing but a distraction and detracts from any positive efforts.