Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 788. (Read 2509934 times)

As I understand it, Blackcoin is based on Novacoin which is based on Peercoin. It seems every post in here about the price but what is it about Blackcoin that is going to make it more valuable than Peercoin over the next 1-3 years? Or do most see it as a speculation coin/pump and dump?

What makes Blackcoin different? Who are the devs and what do they have in testing?

Sorry if this has been discussed earlier  

Iconic,

First, I'd like to thank you for staying around in these uncertain times, it's a real pleasure having people like you in the community, a driving force in the sea of bullshit. You've mentioned that you're an old school type business man and a man of his word, and I sort of could sense that by reading your posts, reminds me of reading an older book about investment and money, before the age of computers.

Now my biggest hope is that it's all not just a clever act by you to pump a hidden agenda because that would most likely destroy BC for me, at least in my eyes, and I've been here since exactly day 1.

I'm really sorry for all the new guys that were burned by the dumps. Sure, we got a lot of press in the mean time but every such occasion spoils cryptos for everyone a little bit. I guess greed is built in to everyone and certain people will always take advantage of that.

I still remember when BC was 500 and I didn't sell then, I'm not selling now, there's no point. Sure, I could still make 10x my investment at these prices but it would ruin it for everyone, and hurt myself in the long term. It's irresponsible sellers that got to own big amounts of BC by luck but have no idea how to handle a trade making chaos now. It will pass, it always did.

This time the rise will be slow and steady, there is no other way. Huge pumps are out of the question with so many people just waiting to escape thinking they've made a bad purchase long term. They will have their exit medium term but this exit will slow price progression severely.

This storm will pass, things will return to normal, trolls will leave and I sure do hope idiots with large amounts will sell.

You have an excuse for everything all the time.

During the first massive sell-off 2 days ago, it was a glitch of Mintpals system right? Oh wait, it was a real dump.

I don't want to, but I'm slowly thinking of an hidden agenda.

This chart is the fraction of what will happen in this coin.

http://en.wikipedia.org/wiki/Elliott_wave_principle

Just take a look at this and see for yourself. Bitcoin survived through this same thing before and blackcoin proved it is even better than bitcoin. Just wait for a few weeks and you'll see yourself.

According to Elliot wave principle durations for waves:

Grand supercycle: multi-century
Supercycle: multi-decade (about 40–70 years)
Cycle: one year to several years (or even several decades under an Elliott Extension)
Primary: a few months to a couple of years
Intermediate: weeks to months
Minor: weeks
Minute: days
Minuette: hours
Subminuette: minutes


We just experienced the minor one.

ok, but I didn't play with DOGE either, only HODLing
and to make things clear let me correct myself:
price over 100 is too much for that fun coin now

and now back to the topic, pls
what do you guys think of presenting BC not like only instrument for "saving" but also for quick "moving" value between different point/exchanges?
it's not exactly the same as saying "quick transaction" (which is more "giving" or "receiving") if you think of it, it's more of a "interflow"

This should calm the sheep a bit.

Too many people got dragged away, i have been there and luckily have learned from it, a quick rise get you the attention but the aftermath will suck and the fud has yet to come. Blackcoin should have tried to avoid a rapid pump like this. A slow steady rise is the best. Sorry for your loss

No offense but have you looked at the order book on the buy side at Mintpal. There is literally NOTHING holding the price here until 10k. Nothing. Hell, there isn't even a buy order at 10k at the time of this post.

I try to keep up with the thread. Man, there are soo many pages about what people is holding, what they sold, what they want to buy, blackcoin went up 5sat, blackcoin went down 5sat. I don't see many people asking if there are more ways to make this coin more useful and how to spread the word out about it even more. Which will increase demand + value per BC  

For now. Just don't sell them at 15 now if you can and just wait what the price does in the coming week.

I am such a sucker for buying in at 30k.  I hate to give the whale(s) credit but given this coins past history it was a tricky pump and dump that made it seem like there was more interest in the coin then there actually was.

Hell jumping from 9.5k->30ksat was like the least preposterous thing this coin has done up to that point imo at the time.  Turns out it was like 100% manipulation pump :/

Really? even with 15kh/s? lol

Excellent

This has been fun. It woke me up. But I got to get back to making money.

Didn't mean to offend anyone. Just can't stand the haters.

If you read back through my posts my buy tips have paid off.  There are numerous thank you posts.

I called RIC last night and it shot 50%

Anyways, follow on twitter if you want.

Good luck to all, hope BC sees a nice rebound in near term!

UNFORTUNATELY YOUR CHART DOES NOT SHOW THE CURRENT DOWNWARD TREND : LOL   -oops caps lock off now

Sorry , it was 50000

Well, nominal interest is 1% annually. And minimal stake age is 8 hours. Now imagine compound interest 

Edited: to be more srs, PoS mining is cheap

Exactly. Since I stupidly went all in on Blackcoin I am thinking of just removing my coins from the exchange, popping them on a flashdrive and putting it in a drawer for a month. It'll be like a holiday since I has pretty much spent the last 6 months of my life in Crypto day and night =\  Either It will be worth a fortune or nothing - At this stage after losing 85% of their value - who cares!

for fun?

I never stated I had 10000 BTC. Check the posts. You're waaaay off.