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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 568. (Read 2509934 times)

full member
Activity: 140
Merit: 100
What bad reputation lol... We are talking about crypto currencies, they have already bad reputation just because they exist, you know how many times BTC was pumped & dumped? So what? PUMPS BRING ACTION AND ACTION IS GOOD

+1

http://www.youtube.com/watch?v=Ekhz2LUv4sA#t=7
hero member
Activity: 574
Merit: 500
Because Blackcoin has turned into a massive ponzi scheme where now the noob army has arrived each believing they were smart enough pick 'the next bitcoin' are gonna get burned and loose their investments, and I don't like that watching that and not saying anything?
I like to feed the trolls sometimes, so here it goes.
Please, enlighten us if you care so much about us. What is going on in altcrypto land thats better than blackcoin? Is anything wrong with blackcoin as a coin? Is the whole crypto a ponzi scheme? Do you even know what a ponzi scheme is?

Blackcoin is PoS, that makes PoW terribly obsolete and redundant, hashing power will need to fine more practical applications instead of just securing the network, as this can now be done cheaply and efficiently with PoS.

I like PoS as well. But can anyone here tell me, what distinguishes Blackcoin from Peercoin??
1st concept
PPC is still POW/POS while BC is pure POS.

BC dev wanted prove that pure POS can be secured PPC dev is worryng is not enough and he keep centralized checkpoints and POW part all time.

PPC is still in mining while BC is not they have different economy because of that.

POS minig with BC is diffrent than BC too.

In what way?
BC 1st stakes you can get in 8h in PPC after 90days.
BC use coin age so after 2 years when you open wallet you will get 2%... of initial intrest becouse BC use coinage from NOVA.
I don't think that PPC use coin age at all.
IN PPC you will lose some stake part because you need to be online more often.
But i like get daily some coins more than bigger part once per eg 20-30 days

Where did you got that?
Why would you get 1% per year without wallet openend?
The 1% stake is meant to Secure the Network, which wont happen with closed wallets

I think some tech. Specs should be cleared out Finally.. Devs?

By the Way, would be nice to focus on relevant things again. Stop That trolling about the prices, pumps and stuff like that. I got the Impression posts 3 weeks ago Where more serious..

I don't beleive there is any reward for keeping wallets closed, unless there are two separate awards: one based on inflation and one based on you help securing the network (staking blocks).

The first is from coins created out of thin air (inflation), the second from fees. But nobody knows so it hard to confirm. The compounding incentive would then be pointless as the bonus would only be 0.005% for keeping your wallet open for 8760 hours straight (see previosu discussion).

Neorc (i think was the spelling) is closest to the answers I think.


And of course Peercoin uses coin age, as does BC. It is a clone of Peercoin. Basic info like this is available: http://en.wikipedia.org/wiki/Proof-of-stake
hero member
Activity: 574
Merit: 500
Guys I'm getting bored please someone pump this up, can someone explain why the Pump was canceled? Why is a pump a bad thing? Really I don't understand please explain me how can the BlackCoin official guys come in and stop a pump?HuhHuh

Its like somebody says: I'm going to pump your coin to $100 is that ok for you? and the community says: NO DONT DO THAT.

WHY NOT YOU STUPID FAGS?HuhHuhHuh WHY THE FUCK NOT!!!!

A PUMP MEANS AN INCREASE IN VALUE WHAT IS YOUR PROBLEM ARE YOU FUCKING INSANE??? WHY THE FUCK WAS THIS PUMP CANCELED BRING THIS PUMP ON

No one person controls the market and no one knows for sure what is going to happen.  There is no guranteed rise in anything.  If you came here because you just heard it was the next bitcoin, along with 10,000 other people over the last week, you just came to a Whale Free Lunch - you were the lunch.  

You have to find things yourself not do what everyone else is doing and expect to make money.  

This is someone keeping their distance from both FUD and DUF. You can argue what he is closer to but it is in a better neighbourhood than most.
full member
Activity: 140
Merit: 100
Guys I'm getting bored please someone pump this up, can someone explain why the Pump was canceled? Why is a pump a bad thing? Really I don't understand please explain me how can the BlackCoin official guys come in and stop a pump?HuhHuh

Its like somebody says: I'm going to pump your coin to $100 is that ok for you? and the community says: NO DONT DO THAT.

WHY NOT YOU STUPID FAGS?HuhHuhHuh WHY THE FUCK NOT!!!!

A PUMP MEANS AN INCREASE IN VALUE WHAT IS YOUR PROBLEM ARE YOU FUCKING INSANE??? WHY THE FUCK WAS THIS PUMP CANCELED BRING THIS PUMP ON

No one person controls the market and no one knows for sure what is going to happen.  There is no guranteed rise in anything.  If you came here because you just heard it was the next bitcoin, along with 10,000 other people over the last week, you just came to a Whale Free Lunch - you were the lunch.  

You have to find things yourself not do what everyone else is doing and expect to make money.  

Maybe you came here because of that reason, but I'm here since a long time now my friend
member
Activity: 112
Merit: 10
Guys I'm getting bored please someone pump this up, can someone explain why the Pump was canceled? Why is a pump a bad thing? Really I don't understand please explain me how can the BlackCoin official guys come in and stop a pump?HuhHuh

Its like somebody says: I'm going to pump your coin to $100 is that ok for you? and the community says: NO DONT DO THAT.

WHY NOT YOU STUPID FAGS?HuhHuhHuh WHY THE FUCK NOT!!!!

A PUMP MEANS AN INCREASE IN VALUE WHAT IS YOUR PROBLEM ARE YOU FUCKING INSANE??? WHY THE FUCK WAS THIS PUMP CANCELED BRING THIS PUMP ON

No one person controls the market and no one knows for sure what is going to happen.  There is no guranteed rise in anything.  If you came here because you just heard it was the next bitcoin, along with 10,000 other people over the last week, you just came to a Whale Free Lunch - you were the lunch.  

You have to find things yourself not do what everyone else is doing and expect to make money.  
sr. member
Activity: 475
Merit: 500
Because Blackcoin has turned into a massive ponzi scheme where now the noob army has arrived each believing they were smart enough pick 'the next bitcoin' are gonna get burned and loose their investments, and I don't like that watching that and not saying anything?
I like to feed the trolls sometimes, so here it goes.
Please, enlighten us if you care so much about us. What is going on in altcrypto land thats better than blackcoin? Is anything wrong with blackcoin as a coin? Is the whole crypto a ponzi scheme? Do you even know what a ponzi scheme is?

Blackcoin is PoS, that makes PoW terribly obsolete and redundant, hashing power will need to fine more practical applications instead of just securing the network, as this can now be done cheaply and efficiently with PoS.

I like PoS as well. But can anyone here tell me, what distinguishes Blackcoin from Peercoin??
1st concept
PPC is still POW/POS while BC is pure POS.

BC dev wanted prove that pure POS can be secured PPC dev is worryng is not enough and he keep centralized checkpoints and POW part all time.

PPC is still in mining while BC is not they have different economy because of that.

POS minig with BC is diffrent than BC too.

In what way?
BC 1st stakes you can get in 8h in PPC after 90days.
BC use coin age so after 2 years when you open wallet you will get 2%... of initial intrest becouse BC use coinage from NOVA.
I don't think that PPC use coin age at all.
IN PPC you will lose some stake part because you need to be online more often.
But i like get daily some coins more than bigger part once per eg 20-30 days

Where did you got that?
Why would you get 1% per year without wallet openend?
The 1% stake is meant to Secure the Network, which wont happen with closed wallets

I think some tech. Specs should be cleared out Finally.. Devs?

By the Way, would be nice to focus on relevant things again. Stop That trolling about the prices, pumps and stuff like that. I got the Impression posts 3 weeks ago Where more serious..
hero member
Activity: 700
Merit: 500
Because Blackcoin has turned into a massive ponzi scheme where now the noob army has arrived each believing they were smart enough pick 'the next bitcoin' are gonna get burned and loose their investments, and I don't like that watching that and not saying anything?
In  other words: Little Jeff got greedy, jumped in during the unnatural pump with all his 10 Bucks of savings and is now a bitter little Jeff, trolling the BlackCoin thread instead of finally accepting that ONLY HE HIMSELF has been responsible for buying then-overpriced BC and got burned.
Move on, one day you'll be 16 and everything will get better.

If you read my posts you can see I ordered some BC (less than 0.1% of portfolio lol) at 30k when it was 50k and shared that with everyone here. i got those orders within 6 hours.  Yesterday I sold at 40k, so I am out of BC with 30% profit and no headache like a lot of here -

Looking at your posts, you said few days ago you bought when it was 46k - so actually you that bought overpriced and now getting burned?  If you had followed my advice you might have avoided this?  I would advise selling and buying back at 20k if you want.  

Lets check back in a few days?
I bought some more at varying prices.
I could still cash out with more than 300% at this moment, why would i be worried?
Stick your advice where it belongs. The funny predictions you and the others are making do always come with the dumps, and when the price goes down to like 28k for SECONDS you start celebrating... dunno if you are a simpleton or if you get paid for this, however it's painful to read.
full member
Activity: 140
Merit: 100
I think the problem is that most of the people are jealous about whales dumping and making profits, but the fact of the matter is that if a coin survive a dump is one step closer to get stronger and this is good. If the coin doesn't survive a dump then it wont work anyway in the future, so why delay the end? If Blackcoin is here to be a big one why are you afraid of dumps? they are actually good.

You don't need to take my words just look at the BTC chart since 2010.

It will not going to happen, nobody here support pump and dumps, if you want a pump go and do it yourself. Stop begging.

If you are in such a hurry to get rid of your coins please dump them I will be more than happy to buy them.

Cheers!.

I'm not dumping anything, my price is $40.

I JUST WANT ACTION, NO ACTION NO FUN

http://www.youtube.com/watch?v=Ekhz2LUv4sA#t=7
hero member
Activity: 623
Merit: 501
Goodbye forum, goodbye trolls, goodbye fud - it was fun for some time, heading over to blackcointalk now  Wink
full member
Activity: 154
Merit: 100
I think the problem is that most of the people are jealous about whales dumping and making profits, but the fact of the matter is that if a coin survive a dump is one step closer to get stronger and this is good. If the coin doesn't survive a dump then it wont work anyway in the future, so why delay the end? If Blackcoin is here to be a big one why are you afraid of dumps? they are actually good.

You don't need to take my words just look at the BTC chart since 2010.

It will not going to happen, nobody here support pump and dumps, if you want a pump go and do it yourself. Stop begging.

If you are in such a hurry to get rid of your coins please dump them I will be more than happy to buy them.

Cheers!.
hero member
Activity: 611
Merit: 500
Anglo Saxon Crypto Enthusiast
Because Blackcoin has turned into a massive ponzi scheme where now the noob army has arrived each believing they were smart enough pick 'the next bitcoin' are gonna get burned and loose their investments, and I don't like that watching that and not saying anything?
I like to feed the trolls sometimes, so here it goes.
Please, enlighten us if you care so much about us. What is going on in altcrypto land thats better than blackcoin? Is anything wrong with blackcoin as a coin? Is the whole crypto a ponzi scheme? Do you even know what a ponzi scheme is?

Blackcoin is PoS, that makes PoW terribly obsolete and redundant, hashing power will need to fine more practical applications instead of just securing the network, as this can now be done cheaply and efficiently with PoS.

I like PoS as well. But can anyone here tell me, what distinguishes Blackcoin from Peercoin??

1. Average Confirmation time: BC is around 45 seconds (with 10 second transaction time); PPC around 8 minutes.
2. New Coins created through PoW Mining: BC has none; PPC currently has around 7% annually (inflation, many miners dump their new coins).
3. Pool Mining Alts: BC Pools increase BC demand and value; PPC doesn't have one.
4. CoinKite: BC accepted from 1st June; PPC not announced as being accepted.

New Coins created through PoS Staking is the same with both BC and PPC

Thanks for clarifying. I don't have any Blackcoin right now but I might add some later if I can see this coin go a week without any big pumps. My concern right now is that the community here is so fickle that they'll dump it if they get bored, maybe that test is starting now. I have Mintcoin but of course there is room for more than one PoS coin, I'm counting on the fact that the public still don't have a clue that there are cryptos out there that give them interest. Peercoin looks like a dinosaur to me so I will continue to watch what's happening here. A few people here need to grow up though and realize that not everyone here that expresses doubts is a troll - buzz and hype aren't enough for most people to put their money down.
legendary
Activity: 1457
Merit: 1001
Guys I'm getting bored please someone pump this up, can someone explain why the Pump was canceled? Why is a pump a bad thing? Really I don't understand please explain me how can the BlackCoin official guys come in and stop a pump?HuhHuh

Its like somebody says: I'm going to pump your coin to $100 is that ok for you? and the community says: NO DONT DO THAT.

WHY NOT YOU STUPID FAGS?HuhHuhHuh WHY THE FUCK NOT!!!!

A PUMP MEANS AN INCREASE IN VALUE WHAT IS YOUR PROBLEM ARE YOU FUCKING INSANE??? WHY THE FUCK WAS THIS PUMP CANCELED BRING THIS PUMP ON

You really want a pump?  Undecided
.
..
...
.....
......
.......
I mean do you really want a pump? Really you want a pump?  Roll Eyes
]
[
]
[
]
 Tongue
x
xx
xxx
xxxx
xxxxx
xxxxxx
WELL OK YOU CAN HAVE A PUMP!  Shocked



 Tongue
full member
Activity: 140
Merit: 100
I think the problem is that most of the people are jealous about whales dumping and making profits, but the fact of the matter is that if a coin survive a dump is one step closer to get stronger and this is good. If the coin doesn't survive a dump then it wont work anyway in the future, so why delay the end? If Blackcoin is here to be a big one why are you afraid of dumps? they are actually good.

You don't need to take my words just look at the BTC chart since 2010.
legendary
Activity: 1302
Merit: 1002
Because Blackcoin has turned into a massive ponzi scheme where now the noob army has arrived each believing they were smart enough pick 'the next bitcoin' are gonna get burned and loose their investments, and I don't like that watching that and not saying anything?
I like to feed the trolls sometimes, so here it goes.
Please, enlighten us if you care so much about us. What is going on in altcrypto land thats better than blackcoin? Is anything wrong with blackcoin as a coin? Is the whole crypto a ponzi scheme? Do you even know what a ponzi scheme is?

Blackcoin is PoS, that makes PoW terribly obsolete and redundant, hashing power will need to fine more practical applications instead of just securing the network, as this can now be done cheaply and efficiently with PoS.

I like PoS as well. But can anyone here tell me, what distinguishes Blackcoin from Peercoin??
1st concept
PPC is still POW/POS while BC is pure POS.

BC dev wanted prove that pure POS can be secured PPC dev is worryng is not enough and he keep centralized checkpoints and POW part all time.

PPC is still in mining while BC is not they have different economy because of that.

POS minig with BC is diffrent than BC too.

In what way?
BC 1st stakes you can get in 8h in PPC after 90days.
BC use coin age so after 2 years when you open wallet you will get 2%... of initial intrest becouse BC use coinage from NOVA.
I don't think that PPC use coin age at all.
IN PPC you will lose some stake part because you need to be online more often.
But i like get daily some coins more than bigger part once per eg 20-30 days
hero member
Activity: 574
Merit: 500
There is way more DUF in here than FUD, but with the nature of DUF people don't see it.

What is DUF ? I don't know the term.

Edit: designated ugly friend Huh  

Definitive, unambiguous fanaticism. The opposite of FUD.

an example: the assertions that blackcoin can not fail for reason x/y/z.
full member
Activity: 180
Merit: 101
When pawnshop is released?
full member
Activity: 140
Merit: 100
Guys I'm getting bored please someone pump this up, can someone explain why the Pump was canceled? Why is a pump a bad thing? Really I don't understand please explain me how can the BlackCoin official guys come in and stop a pump?HuhHuh

Its like somebody says: I'm going to pump your coin to $100 is that ok for you? and the community says: NO DONT DO THAT.

WHY NOT YOU STUPID FAGS?HuhHuhHuh WHY THE FUCK NOT!!!!

A PUMP MEANS AN INCREASE IN VALUE WHAT IS YOUR PROBLEM ARE YOU FUCKING INSANE??? WHY THE FUCK WAS THIS PUMP CANCELED BRING THIS PUMP ON

If you can answer me the following then I can answer your question.

In war is it wise to send your army racing ahead to make gains deep in enemy territory when:

a) Your supply lines are still at home base? or
b) Your supply lines are set up to support your troops ?(ammo, artillery, tanks, medical staff, diesel and other logistics)

In scenario a) your front line will run out of steam and either be killed or have to fall back. You lose both men and ground. You will also lose support of the homeland people funding the war and support for the war will fade due to all the body bags that arrive back home. In scenario b) your advances can be supported and you can maintain the gains. You have to move the logistics with the advancing forces, then you can have good news stories to tell the people at home and they will be more willing to support the war cost and fund more fresh money.

A pump without support by the indicators, volumes etc. will quickly die out and the price will settle lower than before. This game is very much based on perception and once perception is tarnished, confidence is tarnished and you have lost the war. Investors will see it as a fruit pressed ripe before its time and drop it as such and move on. Let the snowball grow bigger on its own and if a natural pump occurs, it means there is a good chance that the fundamentals are there that caused he pump it and that could maintain it at a new higher level.  An orchestrated pump has a good chance of not having the correct support in place and will most probably fail. Only time will tell how much damage was done by the orchestrated pump attempt and how that has influenced perception.



Bla bla bla... You think that any pump is not followed by a dump?

BlackCoin official guys are going to lunch I don't know what in May they say, good. Probably there will be a pump by that time and you think it wont be dumped? Probably they will be the first ones to dump.

So whats the difference? I ask again, you know how many times BTC was pumped and dumped?

The support is generated by the market automatically, when people see this sky rocketing 100% they will all want to get in, because if you pump this to 40 cents its still nothing.
full member
Activity: 154
Merit: 100
There is way more DUF in here than FUD, but with the nature of DUF people don't see it.

What is DUF ? I don't know the term.

Edit: designated ugly friend Huh 
hero member
Activity: 623
Merit: 501
Some people urgently need to eat some "ZENcoin"  Tongue
hero member
Activity: 574
Merit: 500
There is way more DUF in here than FUD but as is the nature of DUF, people don't see it.
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