[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 453.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: draco71 on April 29, 2014, 05:52:15 AM

Quote from: troiste on April 29, 2014, 05:40:05 AM

Can someone explain me how these Multipools work?

They mine other coins and then they buy BlackCoins with the other mined coins right?

How do they buy BlackCoins? Do they put Buy Orders or they go directly to the sell orders?

Whats the buy volume of all pools like this, lets say peer week?

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Any place where I can verify the volume of these pools, and how many pools exist?

I will reply on what I know ...

They mine other coins and then they buy BlackCoins with the other mined coins right?
Right

How do they buy BlackCoins? Do they put Buy Orders or they go directly to the sell orders?
They do not share this information. Logical, because the market should not know what you plan to do.

Whats the buy volume of all pools like this, lets say peer week?
Well, now I do not think that it is too much since the biggest multipool was DDoSed and started again to attract miners since yesterday. If I remember correctly, in its previous peak, multipool had something like 50 BTC per day.

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Good point, but it depends very much on the price and on the hashing power. I mean, If the price goes 10 times up in 1 week, it is difficult to attract 10 times more hashing power in 1 week only.

Any place where I can verify the volume of these pools, and how many pools exist?
I know for sure
http://blackcoinpool.com
http://www.cryptoalts.com/
and I think that https://hashco.ws/ offers the possibility to get paid in BC.

That's all I know and I can remember ...

Actually I discussed the answer to this many times on this thread. It doesnt matter what the hash rate is. In theory, if the miners hold they will eventually raise the price past bitcoin. In one year at current prices they buy 100% of the market (Based on hash rate)... if the price doubles you can expect more miners respectively. And so on. Even if there is a few miners and the price does not rise they miners will tighten the volume sooner or later. Even at 500MHASH if the price stays here thats good because it accelerates the speed in which they buy up the market. Near the end, the miners owning even 50% of the market in 6 months should cause the price to explode. The liquidity would exist and the demand would remain. So the price will spike.

The only thing is... miners need to know this and they should hold.

MINE AND HOLD

vizique

legendary

Activity: 2433

Merit: 1642

Quote from: Jabulon on April 29, 2014, 07:48:51 AM

Quote from: Jabulon on April 27, 2014, 10:14:13 AM

Here's an offer to the community, it's a 'help me help you, help you help me' type of thing:

I pledge to purchase 14 BTC worth of Blackcoins during the next seven days, provided I can raise 10,000 Blackcoins to help me cover expenses for the Blackcoin Music Video I am still working on. That's only about 3.3 BTC-equivalent in donations (as of this writing), and less than I have already spent out of pocket on the project. For anyone new, this is a beautifully produced rap video, featuring known talent, original music, shot and directed in New York on professional equipment, etc. If I get donations but don't quite make it to 10K, no problem, I will buy BC in proportion with the above offer. For example, if I only get 5k BC in donations, I will purchase 7 BTC, etc.

Remember, all donations are going right back into the community in the form of a fucking awesome video. And I'll be adding some price support to the coin, out of my own funds, up to 14 BTC.

Thanks for your consideration. Video Donations: BGvEU7Nyo3mviMtvXXfeYBCoXhmrnMWLfr

**notice the "MTV" in my address?

A huge thank you to the boys over at WhitecoinFlush, who generously donated 2000 BC to the Blackcoin Music Video yesterday. Then, when I saw some clown try to shake our consolidation and crack the 30k sat floor with a 16 BTC sell wall, within about 3 seconds I threw down 14.5 BTC, devouring his stack almost whole, leaving only a bloody stump (a cleanup crew quickly appeared to take that away as well). I was going to wait a few days and my fundraising goal was 10K BC for triggering this buy, but guess what? Fuckit! I saw my moment and I acted. I'm sure I'll meet my fundraising goal whether before, during, or after production when everyone sees this awesome video. Thanks again to WCflush, and PeterPalmBeach for your support, and everyone else who is even thinking about it or just sending positive vibes and encouragement. Here's my transaction record from the big buy:

Epic work! Looking forward to seeing the outcome

Djinou94

legendary

Activity: 1036

Merit: 1000

What is the Blackcoin Musik Video?

Jabulon

sr. member

Activity: 266

Merit: 250

Quote from: Jabulon on April 27, 2014, 10:14:13 AM

Here's an offer to the community, it's a 'help me help you, help you help me' type of thing:

I pledge to purchase 14 BTC worth of Blackcoins during the next seven days, provided I can raise 10,000 Blackcoins to help me cover expenses for the Blackcoin Music Video I am still working on. That's only about 3.3 BTC-equivalent in donations (as of this writing), and less than I have already spent out of pocket on the project. For anyone new, this is a beautifully produced rap video, featuring known talent, original music, shot and directed in New York on professional equipment, etc. If I get donations but don't quite make it to 10K, no problem, I will buy BC in proportion with the above offer. For example, if I only get 5k BC in donations, I will purchase 7 BTC, etc.

Remember, all donations are going right back into the community in the form of a fucking awesome video. And I'll be adding some price support to the coin, out of my own funds, up to 14 BTC.

Thanks for your consideration. Video Donations: BGvEU7Nyo3mviMtvXXfeYBCoXhmrnMWLfr

**notice the "MTV" in my address?

A huge thank you to the boys over at WhitecoinFlush, who generously donated 2000 BC to the Blackcoin Music Video yesterday. Then, when I saw some clown try to shake our consolidation and crack the 30k sat floor with a 16 BTC sell wall, within about 3 seconds I threw down 14.5 BTC, devouring his stack almost whole, leaving only a bloody stump (a cleanup crew quickly appeared to take that away as well). I was going to wait a few days and my fundraising goal was 10K BC for triggering this buy, but guess what? Fuckit! I saw my moment and I acted. I'm sure I'll meet my fundraising goal whether before, during, or after production when everyone sees this awesome video. Thanks again to WCflush, and PeterPalmBeach for your support, and everyone else who is even thinking about it or just sending positive vibes and encouragement. Here's my transaction record from the big buy:

Degolep

full member

Activity: 210

Merit: 100

Join reddit!

SUB HERE: http://www.reddit.com/r/blackcoin

If you're not into Reddit,don't worry! It's very easy to get yourself started. Reddit is anonymous in nature, you don't even need an email address to create an account!

ManMachine

member

Activity: 112

Merit: 10

Quote from: Subtuppel on April 29, 2014, 07:13:34 AM

Quote from: ManMachine on April 29, 2014, 07:02:09 AM

Quote from: omahapoker on April 29, 2014, 06:58:24 AM

Quote from: ManMachine on April 29, 2014, 06:54:52 AM

sems that coinmarketcap changed the default again back! good!

whats the difference? didnt see what it was before

some weird shit! lists dividing the coins in premined,mineable,non-minable etc. i was irritated at first see devcoin,Megacoin,feathercoin in the Top 10!! that was the default setting when you entering the site! the "normal" sight was only wenn you hit a button!total weird! Tongue

edit: on twitter they say it was a glitch! ...?

Quote

CoinMarketCap ‏@CoinMKTCap 6 Min.

There was a glitch which temporarily delisted some coins this morning - all resolved now.

interesting. i had a lot of bugs and glitches in own code over the years, as everybody does, but none did add an extra button and an extra sort/filter option by accident.....

yep thought that ,too! Roll Eyes

it clearly wasnt a "glitch"! useless atempt.....more like it!

HEISENAIR

hero member

Activity: 490

Merit: 500

Seems CoinOpend is a Scam site. Might want to remove it from the OP.

Subtuppel

hero member

Activity: 700

Merit: 500

Quote from: ManMachine on April 29, 2014, 07:02:09 AM

Quote from: omahapoker on April 29, 2014, 06:58:24 AM

Quote from: ManMachine on April 29, 2014, 06:54:52 AM

sems that coinmarketcap changed the default again back! good!

whats the difference? didnt see what it was before

some weird shit! lists dividing the coins in premined,mineable,non-minable etc. i was irritated at first see devcoin,Megacoin,feathercoin in the Top 10!! that was the default setting when you entering the site! the "normal" sight was only wenn you hit a button!total weird! Tongue

edit: on twitter they say it was a glitch! ...?

Quote

CoinMarketCap ‏@CoinMKTCap 6 Min.

There was a glitch which temporarily delisted some coins this morning - all resolved now.

interesting. i had a lot of bugs and glitches in own code over the years, as everybody does, but none did add an extra button and an extra sort/filter option by accident.....

Equate

hero member

Activity: 770

Merit: 500

Quote from: affmees on April 29, 2014, 06:16:06 AM

Quote from: nov on April 29, 2014, 06:10:18 AM

Is BlackCoinPool working today? I see it dead somehow now.

It's working, individual stats are down for now.

yeah the pool is working fine.

ManMachine

member

Activity: 112

Merit: 10

Quote from: omahapoker on April 29, 2014, 06:58:24 AM

Quote from: ManMachine on April 29, 2014, 06:54:52 AM

sems that coinmarketcap changed the default again back! good!

whats the difference? didnt see what it was before

some weird shit! lists dividing the coins in premined,mineable,non-minable etc. i was irritated at first see devcoin,Megacoin,feathercoin in the Top 10!! that was the default setting when you entering the site! the "normal" sight was only wenn you hit a button!total weird! Tongue

edit: on twitter they say it was a glitch! ...?

Quote

CoinMarketCap ‏@CoinMKTCap 6 Min.

There was a glitch which temporarily delisted some coins this morning - all resolved now.

omahapoker

hero member

Activity: 868

Merit: 1000

Quote from: ManMachine on April 29, 2014, 06:54:52 AM

sems that coinmarketcap changed the default again back! good!

whats the difference? didnt see what it was before

ManMachine

member

Activity: 112

Merit: 10

sems that coinmarketcap changed the default again back! good!

UdjinM6

legendary

Activity: 1318

Merit: 1040

Quote from: ?? on ??

Quote from: UdjinM6 on April 28, 2014, 08:07:21 PM

A quick update: Blackchain now supports 3 themes, just click one of the button in the footer

Enjoy!

http://blackcha.in
http://blkchain.info

Very nice!

Thanks!

Btw, there was an ugly bug in last update (QR code scanning was broken). Sorry about that. But now it's fixed and should work just fine.

affmees

newbie

Activity: 32

Merit: 0

Quote from: nov on April 29, 2014, 06:10:18 AM

Is BlackCoinPool working today? I see it dead somehow now.

It's working, individual stats are down for now.

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: draco71 on April 29, 2014, 05:52:15 AM

Quote from: troiste on April 29, 2014, 05:40:05 AM

*snip*

*snip*

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Good point, but it depends very much on the price and on the hashing power. I mean, If the price goes 10 times up in 1 week, it is difficult to attract 10 times more hashing power in 1 week only.

*snip*

Congrats! Last time this came up, the conclusion was BC *couldn't* fail and "all BC will be bought within a year". You have shown an understanding of supply and demand.

You should go to the head of the class Grin

nov

sr. member

Activity: 433

Merit: 251

Independent crypto developer

Is BlackCoinPool working today? I see it dead somehow now.

troiste

full member

Activity: 140

Merit: 100

Good info, thanks.

draco71

member

Activity: 84

Merit: 10

Quote from: troiste on April 29, 2014, 05:40:05 AM

Can someone explain me how these Multipools work?

They mine other coins and then they buy BlackCoins with the other mined coins right?

How do they buy BlackCoins? Do they put Buy Orders or they go directly to the sell orders?

Whats the buy volume of all pools like this, lets say peer week?

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Any place where I can verify the volume of these pools, and how many pools exist?

I will reply on what I know ...

They mine other coins and then they buy BlackCoins with the other mined coins right?
Right

How do they buy BlackCoins? Do they put Buy Orders or they go directly to the sell orders?
They do not share this information. Logical, because the market should not know what you plan to do.

Whats the buy volume of all pools like this, lets say peer week?
Well, now I do not think that it is too much since the biggest multipool was DDoSed and started again to attract miners since yesterday. If I remember correctly, in its previous peak, multipool had something like 50 BTC per day.

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Good point, but it depends very much on the price and on the hashing power. I mean, If the price goes 10 times up in 1 week, it is difficult to attract 10 times more hashing power in 1 week only.

Any place where I can verify the volume of these pools, and how many pools exist?
I know for sure
http://blackcoinpool.com
http://www.cryptoalts.com/
and I think that https://hashco.ws/ offers the possibility to get paid in BC.

That's all I know and I can remember ...

troiste

full member

Activity: 140

Merit: 100

If you want to express your opinion about CoinDesk, here is your chance:

https://bitcointalksearch.org/topic/coindesk-what-do-you-think-about-it-588776

troiste

full member

Activity: 140

Merit: 100

Can someone explain me how these Multipools work?

They mine other coins and then they buy BlackCoins with the other mined coins right?

How do they buy BlackCoins? Do they put Buy Orders or they go directly to the sell orders?

Whats the buy volume of all pools like this, lets say peer week?

I'm thinking.. If they go always to the sell orders and the buy volume is high, then we will have a BlackCoin infinite increase in value... ?

Any place where I can verify the volume of these pools, and how many pools exist?

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 453. (Read 2509934 times)