Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 481. (Read 2509934 times)

PLEASE IGNORE STRATOFART!! Class #1 troll!

Spam your "Thoughts" elsewhere! you lo life!

There is no question that the last 24-48 hours the AltCoin community, particularly the three "ShadeCoins", White, Dark and Black, have been filled with an incredible amount of both positive and negative energy. There is no question that these three coins are essentially "at war". Having followed the past few days very closely, I wanted to provide my detailed perspective on what has been happening, why, and most importantly, what this means for the future of these coins.

Most of the posts on this particular forum (Whitecoin), those posted in the last 24 hours were in all likelihood SPAM, complete lies posted by people who created brand new accounts on bitcointalk to spread FUD (Fear, Uncertainty, Doubt... Or as I see it "Disruption), in order to capitalize on their own personal cryto-currency goals.

The tactics used however, particularly those used to question the integrity and security of the Whitecoin protocol have been by far the most disappointing.

So... The first point I want to address is:  Why would people do this?

There are two reasons which I see as being the most likely scenarios:

1.) If a person or small group of people can essentially "Mass-Spam" a coin community with disinformation or "lies", those which cannot be confirmed or disproved quickly, a large enough portion of the coin holders who's coins are under this attack (Whitecoin in this case) will be driven into a state of fear, and where there is fear, people sell. A mass exodus of selling causes additional panic, leading to more selling, which drives the price down.

--- So, Why do this?

By driving the price down these Spamers will have the ability to buy the coins at much lower levels.  Once the disinformation they have posted is proved to be false, the coin will then rally back to normal if not far exceeding levels, resulting in huge profits for the attackers.

2.) The other likely reason would be a competing coin's community, users, or even Devs, would attack their competitor with posts to forums, twitter and the like to discredit the coin in hopes to drive them out.

--- Again, Why do this?

There is a limited supply of money being traded in alt-coins. Altcoin creators are essentially all competing for a piece of the same pie. More buyers mean higher prices. By spreading disinformation, uninformed and inexperienced traders will read these posts and see them as being the gospel.  Fear sets in, and they sell.  

Now if you're a trader, particularly a new trader, waiting on the side lines for the right opportunity is no fun.  

Most neophyte traders will likely immediately seek a new place to park their BTC as an investment. Right now, there is no question Blackcoin, Darkcoin, and Whitecoin are in a fierce competition for a limited amount of BTC which is within the exchanges and at play to trade with. Those very BTC are the necessary fuel for any and all growth. Lack of new BTC being fed into an altcoin means stagnation... And traders, particularly the new ones, "must" see action in order to feel they are "in the game".

Thus a coin that meerly churns, meaning no new influx of BTC, will likely trade sideways, resulting in boredom, which psychologically progresses into anxiety. This anxiety, or felling that missed opportunities are passing at every moment as their altcoin investment meerly treads water inevitably leads to selling off and looking for a new and better play.

--- CONSIDER THE FACTS OF WHAT HAS OCCURRED WITH WHITECOIN

The information, or disinformation that has been posted about Whitecoin lacks credibility In my opinion for a number of reasons.

1.) Timing:  The release of this so called "highly critical and important information", information by which caused mass panic, was released to the public in the middle of the night on a Saturday/Sunday. A time most likely when the actual developers would be either asleep or out to dinner, or putting the kids to bed,  and not available to respond to what was being posted.

What professional developer would seriously disseminate important information to his community in the middle of the night on a weekend.  And if so, why would he only do so only on this forum and on twitter, using brand new accounts with little to no posts.  

Lastly, why would he chose not to post this also on his own website?

These factors in terms of timing are the main reason the information these posters provided I find to be highly suspicious and untrue.

2.) Users:  All of the disinformation posted was posted by brand new accounts created within hours of the release of the said information. These users claimed to be a part of the development team.

I consider this also to be highly suspect of foul play.

3.). PoW to PoS Transition:  Whitecoin recently finalized its mining phase, and has now entered into its Proof of Stake phase.  This switch occurred less than 72 hours ago.  

With any major switchover, there were some minor bugs that were immediately resolved.  

New PoS multipools were being set up by pool operators independent of Whitecoin. New pools almost always have things to work out as in a matter of hours the user load increases by huge amounts.

The timing of this suspect information coincided with these minor issues, issues which in fact all coins have faced during a transition phase.  I personally believe the attackers of Whitecoin timed their attack to exploit these minor bugs and add to any already existing stress within the Whitecoin community.

To Note: Most, if not all of these minor issues have since been resolved.

--- REALITY

Whitecoin is now priced at levels that offer unprecedented opportunities to traders. This opportunity has been made available to the entire altcoin community at the expense of those who sold off and likely realized losses in their Whitecoin investments.

The price levels we are seeing right now allow traders to get in at severely undervalued price points and ride the "rocketship" as many coiners call it, as the coin begins to recover.

You have to remember:  Coins like Blackcoin and Darkcoin were both at one point in time worth less than 1000 Satoshis.  Yet these coins managed to skyrocket in value to levels of 90,000 and 500,000 respectively.

The truth is this growth is impossible to sustain.  10,000% returns are now 100% impossible to see again with both Blackcoin and Darkcoin. If you didn't get in weeks ago, I'm sorry you missed the boat.

Whitecoin however is a clearly different story.  

1.) Whitecoin is perhaps the most publicized and rapidly accepted altcoin to hit the exchanges in months.  Within a few weeks time it had been added to virtually all of the major exchanges, as well as listed on BitcoinWisdom. This alone is unprecedented.

2.) Whitecoin is the only one of the three "shadecoins", that being White, Dark, Black; that can actually grow by leaps and bounds. 1000%, 10,000%, 50,000% is certainly possible. This is what both Blackcoin and Darkcoin were able to achieve, but have since fallen considerably and become less attractive to the investment community. Whitecoin is the new kid on the block, he's gotten a lot of attention recently, and the other 2 shades aren't too happy their values have since been dropping as Whitecoin sucked up a lot of the volume and Market Cap.

Now considering all three of these coins are speculative investments; as are ALL altcoins, there being still no mainstream acceptance in terms of being used as a payment method, you have to ask yourself this question...

--- Why invest in any altcoin?

- If you are investing in altcoins for the mere point of being a part of a world changing shift of how money is treated and transacted, invest in coins you see as having unique features or philanthropic aspects which appeal to your personal aspirations. You aren't in this for the money. You want to change the world. Honestly, I applaud you.

- If you are investing and trading to make money, and capitalize on as much value growth as possible resulting in huge returns, you should be looking for oversold, underpriced options.

These coins will be the ones that go from 700 to 250,000 and make you rich.  A coin like Darkcoin would have to rise at its current price by a factor of 250 times to see the same growth... Growth that is a very real possibility with Whitecoin. That means that Darkcoin would have to near reach the price of Bitcoin. Personally, I do not see that as being even the most remote possibility.

MY CONCLUSION

 The Blackcoin and Darkcoin ships have sailed. They made people who got in early and held for the months it took for the coin to go from 1000 to astronomical levels very rich.  Blackcoin in particular took roughly 32 days to move from its final 900 level to 90,000.  32 days. It takes time. Those that bought and held, I am sure are now buying very nice houses.

The past 24 hours have been filled with garbage posts which have no reliable information and lack integrity from all angles.

Whitecoin in my opinion is the next player in what I refer to as HyperGrowth Capitalization. Growth that will make millionaires out of ordinary people. It may take 32 days as it did with Blackcoin, or even longer as in the case of Darkcoin. If you remember Bitcoin took years. However,  It is the only coin as of right now that has the realistic potential to see such gains.  It has a strong community.  It's developers are actively engaged in promoting and advancing the coin into the future.  It's incredibly oversold on bad information. I wish I had more BTC to buy in.

But only time will tell. Don't take my words for the holy grail. But also don't listen to most of the negative  information you will likely find on the Whitecoin board. Do research. Be a smart investor. Don't risk what you can't afford to lose.

You can follow me on Twitter @Stratobitz   I frequently post tips on what's breaking out, as well as what I feel is likely to correct or crash.

Please reply +1 if you enjoyed this... To keep it up in the thread listing.

Best of luck to all.

Strato

+1000

Please everyone take time to listen to this. It is the last stage to get to play with the big boys. We are over DOGE in volume consistantly, and if it were not for the clones added to mintpal, we'd have already been talk of the town. Mintpal needs to make a decision as a business. Do they want our busines or not?

We deserve trading pairs now, we have done even more than DOGE could have done as of yet in such a short period of time. We must seriously realize the adding clones like they did could have crushed our coin if we were just an average coin, but we are not, we are first innovative coin gone POS, and can rival BTC if we get those trading pairs.

Whatever community decides to do, getting these trading pairs is the most important thing we can do as of now since so much other stuff is in place. We all have a part to play, quick email. Go to https://webchat.freenode.net and type in channel #mintpal . Ask them about trading pairs, put them on the spot about it how we as community want this. We don't have to be rude, but business deals are made all the time. We both would benifit, and if they don't want to, we can move forward to another exchange.

So lets work on mintpal now, since we have up until the WC and other clones added have had good relationship. I would like us all to keep that relationship, but we need to look out for our community and growth, so if they can't deliver soon, we should consider another exchange for our primary trading.

Please +1 this post or say done if you did your email, webchat with them.

A campaign has started to get BlackCoin onto Kraken

EVERYBODY STOP WHAT YOU'RE DOING AND UPVOTE THIS REDDIT POST : www.reddit.com/r/Kraken/comments/243ozq/please_add_blackcoin_to_kraken/

Actually I don't understand a thing about those figures but maybe finding out. Seems that at least someone is believing in those. MACD, Fibonacci Retracement, jesus... does this shit work? Is it hard?

Did you mean to post this in the WC thread or here?

   STOP vote and Don't let the btc38.com or other trading platforms in China add BC to trade. especially in this period!!!
    I am Chinese, I like BC and hold more than 200k BC, It's not good for BC. please trust me. I know what's going on in China.
    I see many people in this Community what btc38 or trading platforms add BC to trade. but please do not. do you what BC to become another btc which follows with rumours? and do you want to say: fuck! why does China ban btc everyday?
    did you see, dude, many coins follow with btc? if btc falls down, almost every coins falls down, but why BC does not, sometimes even pump? yes, of course, BC was great, it has great Community, everyone see the potential of BC. but there is another important reason, not add no Chinese platforms, very few Chinese has hold BC, and the price was according to Mintpal, not according to the Chinese platforms, if the many Chinese have BC, they will sell when btc fall down, panic sell and ridiculous sell, then BC will become a normal coin follows with btc, people will not notice it and see the great it has.
    so stop vote on btc38.com or other trading platforms in China, just do your best to promote on other countries, let shops, companys accept BC, I will do my best to promote BC in China but now just promote it to who really trust btc and BC. then the BC will grow bigger and bigger? some day, in a good time to let the Chinese platform add BC to trade, the BC will go to the moon, $6, ￥40， not a dream! but before this, we should do a lot, I hope BC will defeat ltc..
by the way, I ask you do not buy ltc before, have you notice? now the price fall down and go up will be really difficult.

Nascar is the easiest to find people to sponsor. And most total area on the car for logos

Everyone:

Stop spamming and threatening MintPal.

They have said before they are considering it. Threatening them will not help in them making the decision to add it.

This will take BlackCoin to a whole new level

voted    good cause!

VERY GOOD

I tend to agree with IC on this.   I was pretty peeved when mintpal added WC literally 'instantly'  after we started to make some big movement.  Most coins including BC had to push really hard to get a slot on 'the hottest new exchange'.   We made them hundreds of thousands of dollars of income on BC volume alone and they just instantly grant access to a blatant copy-premine clone.    Its shitty.    It really is.    To anyone who says "its business they will just add whatever is profitable"  I ask you to compare this behavior to almost any other industry you wouldn't keep your customers very long.  Imagine what would happen if you pushed around clients, or took on competitors of your clients without so much as a interview process.

You wouldn't keep your clients very long,  and your business would eventually suffer.   I've moved a massive amount of coins out of Mintpal already.    No one is perfect, everyone needs to protect the bottom line.   They've lost some of my business already based on principal.   Its not always about profit.

ALWAYS BET ON BLACK - Update 24

SELLER PUSHING THE MARKET DOWN WITH MANY SELLING WALLS - MARKET MANIPULATION?

We all know that next week will have many positive events and news, many people have viewed this positive news as an opportunity to buy.

Yesterday the market rallied in advance of these events and with the trigger being the news of BC being added to the Vault of Satoshi.

Today we saw an earlier weakening in momentum as described a few hours ago in Update 22. I have been following the market movements while a seller or multiple sellers have been pushing prices down with big selling walls especially attacking those important levels established by Fibonnacci.



The selling events have continued for a couple of hours until enough buying pressure surprised the seller and took their walls down (num.. num).

It appears that this will be the end of this downward leg and the continuation of the upward move that has been taking place in the last two days.

The momentum lines at 15min (which is what I used before) have now began to cross at the bottom of the chart showing a possible end to the downward momentum trend!



I have bought some BC at 32, 31, and 30.  I did not have any BTC for this last lower price push and missed the action  since I was in church praying for BCs recovery.. just kidding

Buy-Black

P.S.  If you want to read the other reports go here: http://www.dailyblackcoin.com/category/market-analysis-by-buy-black/

yeah but why nascar? why not something more stylish like MotoGP or Rally..

An interesting race between BC and DRK.

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- The Austin Global Team

Find us at:
agx.io
bitcointalk.org/index.php?topic=507474
bitcointalk handles: "agxio," "AustinGlobal"
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The whole Doge Nascar situation is so funny, but it is a nice marketing idea. What if it works really well for them, and all the big cryptos decided to sponsor a car. I can imagine all the crypto-communities cheering on their car, getting mad if another coin's car crashes into theirs.. LOL 

NEW Blackcoin LIVE Chart is online.
Hope you Like it!!!
http://bc.coinmonitor.de

Blackcoin and the mass of development around it has clearly outgrown a single thread. We need a place where we can easily work together to build value in Blackcoin, where the discourse on a topic can flow naturally without constant interjections by trolls and FUD artists... and we already have that place! Let's show the strength of our community. Flex those Blackcoin muscles!


JOIN THE SUBREDDIT: http://www.reddit.com/r/blackcoin

1,216 Black Knights have already joined!'


Thanks to RJSchex, here are some rough numbers for the past week comparing the growth of our subreddit to some other coin subreddits:

Bitcoin 118,676 (+47)
Litecoin 20,806 (+19)
Peercoin 3,208 (+4)
Ripple 894 (+10)
Dogecoin 75,979 (+269)
Mastercoin 939 (+38)
NXT 510 (+14)
Namecoin 2,092 (+8)
Blackcoin 1,216 (+216)


The subreddit has almost tripled in size in less than 2 weeks. In raw numbers, our subreddit is growing faster than almost any coin! Our subreddit is active, but I'm not advocating that you abandon Bitcointalk - you can do like I do and keep a tab for each.