[ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 778.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: eizh on April 16, 2014, 11:19:14 AM

Quote from: dzimbeck on April 16, 2014, 10:46:22 AM

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

HOLD this coin!

Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!

This reminds me of the "Occupy Wall Street" days. There were college kids and hobos in the NYC crowd who were trying to make their own "money" and telling each other (and journalists) that if they just collectively BELIEVE in it, it'll have value. And then they can pay off all their college debt and buy big suburban houses!

It didn't work out. Wink

I said nothing about belief. Why are you trolling? I simply said the miners buy up 100% of the coin in a year at this hash rate. Its math has nothing to do with belief troll.

CryptoBrother

sr. member

Activity: 252

Merit: 250

I LOVE THE LIR PROJECT

Quote from: CryptoBrother on April 16, 2014, 11:04:35 AM

MillionBlackCoin Homepage - Own a piece of BC History

Webpage for BlackCoin is almost done.

We need Your support in this project.

What We offer:

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WEBSITE START DATE:

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OFFICIAL BLACKCOIN THREAD:

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We are not responsible for the content of external sites. Images featured on homepage are of their respective owners.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Yeah so if they held for one month they would have made 30x their money. If they mined litecoin they would have made 1x

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

Didn't realize how many Canadians are in here until just now...
Think I'll write an email to Joseph David if cavirtex lists us life becomes much easier for me

eizh

hero member

Activity: 560

Merit: 500

Quote from: dzimbeck on April 16, 2014, 10:46:22 AM

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

HOLD this coin!

Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!

This reminds me of the "Occupy Wall Street" days. There were college kids and hobos in the NYC crowd who were trying to make their own "money" and telling each other (and journalists) that if they just collectively BELIEVE in it, it'll have value. And then they can pay off all their college debt and buy big suburban houses!

It didn't work out. Wink

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: dzimbeck on April 16, 2014, 11:16:48 AM

Quote from: Daedelus on April 16, 2014, 11:12:40 AM

Quote from: dzimbeck on April 16, 2014, 11:06:49 AM

Quote from: Daedelus on April 16, 2014, 11:00:28 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price).

So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them.

This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position.

If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market.

One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions!

If the price drops, they may be getting more coins but they are more likely to reach a point where another coin is more profitable *so they get a higher return by switching*

That makes no sense! Its a multipool! They are not mining Blackcoin directly it cant be mined. Maybe you dont understand what is going on. Blackcoin is 100% proof of stake. No other pool can do what they do unless they copy the idea but Blackcoin was the first to do it. So the blackcoin pool mines the most profitable coin and buys itself. That will always be more profitable in the long run.

When was the first blackpool distribution payment? It was launched on the 14th March, is that right?

MuffinMaster

sr. member

Activity: 1414

Merit: 265

Pepemo.vip

Quote from: choppy123 on April 16, 2014, 11:06:45 AM

Quote from: heisenberg74 on April 16, 2014, 10:28:54 AM

Quote from: omahapoker on April 16, 2014, 10:23:37 AM

remember BC was 9500 5 days ago. today were at 18720.

+1 .

Guys who bought blackcoin at start are still making profit

I was at the Toronto Bitcoin Expo over the weekend.....I spoke with developers about Blackcoin ATMs launching June 1, 2014.

Fiat to blackcoin baby. There is also rumor that Tim Horton's will be incorporating Coinkite system (which will include blackcoin) in both USA and Canada.

I pray that blackcoin price stays low for the next few months.....I only get paid once per month and I need more blackcoin !!!!

This pump and dump has been good for only one thing, getting people's attention....those who sold at a loss have made a very, very big mistake.

Tim hortans to incorporate coinkite ? jesus fuck that is a huge rumor. Thats like 20k locations instantly

Any possible verifacation on this?

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Daedelus on April 16, 2014, 11:12:40 AM

Quote from: dzimbeck on April 16, 2014, 11:06:49 AM

Quote from: Daedelus on April 16, 2014, 11:00:28 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price).

So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them.

This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position.

If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market.

One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions!

If the price drops, they may be getting more coins but they are more likely to reach a point where another coin is more profitable *so they get a higher return by switching*

That makes no sense! Its a multipool! They are not mining Blackcoin directly it cant be mined. Maybe you dont understand what is going on. Blackcoin is 100% proof of stake. No other pool can do what they do unless they copy the idea but Blackcoin was the first to do it. So the blackcoin pool mines the most profitable coin and buys itself. That will always be more profitable in the long run.

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: Daedelus on April 16, 2014, 10:48:50 AM

Quote from: IconicExpert on April 16, 2014, 10:37:36 AM

Quote from: Daedelus on April 16, 2014, 10:19:56 AM

I was interested in the features. Can blackcoin support a decentralised exchange? Can blackcoin anonymise transactions? Can Blackcoin supposrt decentralised DNS? Can it support direct trading between cryptos? for example. Is it more than 'a coin'?

I see someone answered in here: http://blackcointalk.com/index.php/topic,1347.0.html but the answer to "what's stopping another coin from arising with all around improvements that trump that of Blackcoin?" was "good marketing and a portable wallet". Is that going to be enough?

Who said that is all we have planned? There is so much in the pipeline and we are not letting everything out of the bag because other coins will copy. If everyone would just calm down and stop thinking that investing is similar to buying a burger at a fast food restaurant we will all be fine.

Nobody did. There is a difference between *stating what is possible* and *releasing the source code*. The first informs people, the second lets others copy. I am asking you to do the former.

I am not here to talk about the price and 'facts'. Does anyone want to follow the discussion above? If not, I'll leave you all to it.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Daedelus on April 16, 2014, 11:08:50 AM

Quote from: Coinler on April 16, 2014, 11:04:05 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up.

You are assuming your buying action has no impact on the price. This can only happen if you defy supply and demand.

Its just pure logic. The pool has to buy they have no choice. At this price they buy up 100% of the coins in a year. Simple math. Add that to community drive, good branding, fast confirmations and proof of stake. Miners just need to mine for a year and walk away from the computer. No matter what, they buy the market in a year. The price has to rise based on that alone. Blackcoin atms, coinkite and other things also make this swell. Also it being top 20 coins makes it swell upwards. There is no other choice this coin must replace litecoin.

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: dzimbeck on April 16, 2014, 11:06:49 AM

Quote from: Daedelus on April 16, 2014, 11:00:28 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price).

So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them.

This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position.

If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market.

One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions!

If the price drops, they may be getting more coins but they are more likely to reach a point where another coin is more profitable *so they get a higher return by switching*

bitcoin carpenter

legendary

Activity: 1582

Merit: 1001

You can also look at it this way
Black coin is only a couple of months old and this weekend it got a 5-10million dollar infusion

No other coin has had this type of early interest.
There are now a hell of a lot more people with a lot more to lose
And there is no major bag holders waiting to capitalize.

I'm glad I'm still in though I'm no longer in the top 100
Though now that there is twice as many people playing I'm good with being in the top 200.
Cheers

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: Coinler on April 16, 2014, 11:04:05 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up.

You are assuming your buying action has no impact on the price. This can only happen if you defy supply and demand.

meyns

newbie

Activity: 31

Merit: 0

Quote from: dzimbeck on April 16, 2014, 10:46:22 AM

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

HOLD this coin!

Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!

At this price thats true, but at higher prices, the amount of BC bought shrinks.
Off course the amount of miners can rise as well. As what happened when the BC price rose to 90k.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Daedelus on April 16, 2014, 11:00:28 AM

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

You have missed the fact that each coin you buy pushes the price higher, so the next time you come to buy you get fewer coins (and so have less impact on the price).

So over time, your influence on the price diminishes and at this point miners are more likely to leave to chase the next 'most profitbale coin'. Unless you have some other features to keep them.

This is not entirely true! Because if the price drops, the miner buy even MORE of the coin. So all they have to do is maintain their position.

If the price doubles or triples we can easily see more miners and most importantly at the current price, they will buy the market.

One last point... if the miners bought up 25-50% and held it would cause this price to do a lot more than double. Because there are probably another 25% of the holders taking long positions!

choppy123

sr. member

Activity: 383

Merit: 250

Quote from: heisenberg74 on April 16, 2014, 10:28:54 AM

Quote from: omahapoker on April 16, 2014, 10:23:37 AM

remember BC was 9500 5 days ago. today were at 18720.

+1 .

Guys who bought blackcoin at start are still making profit

I was at the Toronto Bitcoin Expo over the weekend.....I spoke with developers about Blackcoin ATMs launching June 1, 2014.

Fiat to blackcoin baby. There is also rumor that Tim Horton's will be incorporating Coinkite system (which will include blackcoin) in both USA and Canada.

I pray that blackcoin price stays low for the next few months.....I only get paid once per month and I need more blackcoin !!!!

This pump and dump has been good for only one thing, getting people's attention....those who sold at a loss have made a very, very big mistake.

TR8888

hero member

Activity: 525

Merit: 500

nom nom eat up these cheap BC, all you dumpers going to be face-palming in 2 weeks.

CryptoBrother

sr. member

Activity: 252

Merit: 250

I LOVE THE LIR PROJECT

MillionBlackCoin Homepage - Own a piece of BC History

Webpage for BlackCoin is almost done.

We need Your support in this project.

What We offer:

1. Place for Your advertisement - Payment Only with BlackCoin
2. 20,000 UNIQUE visits daily - World Wide potential customers
3. Low price for px (pixel) place
4. Long and Short term advertisements for all Your orders
5. Free design for Your advertisement if You need
6. NO RESTRICTIONS ( We accept all kind of websites/images)*
7. 1 day FREE advertisement for all Your orders

Do You want UNLIMITED ADVERTISMENT FOR EVER?

We will give 20 UNLIMITED ADVERTISMENTS

Donate any amount of BlackCoin to this address: **

BKwJeffG1RyTcLGgKVwgfmgCCfRFr5qNh5

[ BlackCoin Website, Twitter, FaceBook, Reddit are added instantly to this contest]

WEBSITE START DATE:

24.04.2014

OFFICIAL BLACKCOIN THREAD:

http://blackcointalk.com/index.php/topic,1914.0.html

WEBSITE LINK:

will be added on 24.04.2014 00:00 GMT+1

* Not allowed
- Children pornography
- Crimes Websites

** Bigger donations have bigger chance to get UNLIMITED PLACE.

We are not responsible for the content of external sites. Images featured on homepage are of their respective owners.

Coinler

hero member

Activity: 658

Merit: 500

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up.

dzimbeck

legendary

Activity: 2412

Merit: 1044

Quote from: Vlizzjeffrey on April 16, 2014, 10:56:09 AM

Quote from: dzimbeck link=topic=469640.msfac9831#msg6249831 date=1397659241

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

Well I was just as upset as everyone else and I thought about it. I realized at 20K a day the miners were not able to afford a 120K-400K dump. But they will buy up that many coins in a week flat. So there is no reason to sell this coin until its near Bitcoin or Litecoin. By that time, miners can just rape all the other scrypt coins. Litecoin can literally get forked because of Blackcoin! This is a competition we should be out to win it. You will see dumps but the ones that should never dump are the miners. If the miners hold we win.

Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 778. (Read 2509934 times)