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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 870. (Read 2509934 times)

sr. member
Activity: 308
Merit: 250
From http://www.blackcoin.co/mining/blackfriday-the-official-launch-of-blackcoinpool-bonus-details/
At current BTC prices we’ll be giving away over 9,5 BTC in extra incentives to miners that join BlackCoinPool. Combine that with the same btc/mh/day profitability of other big multipools like Wafflepool and Clevermining, and the fact that when we reach over 10Gh/s we’ll be adding over 700 BTC in buying pressure on BlackCoin itself over the upcoming two weeks, we feel there is no other choice but mining at BlackCoinPool.com.

So that is also still waiting to happen ?!?!
newbie
Activity: 42
Merit: 0
45BTC wall at 60000
thaw wall is put by someone who want lower price..you dont put 45 BTC in one place if you realy want to sell

and it's moving down - 59879

hey mintcoin lover..How's it going ?
legendary
Activity: 1492
Merit: 1021
it seems like no sleep for me tonight
hero member
Activity: 826
Merit: 501
in defi we trust
I have 3200 BC  that is it so no big deal for me...  but I still want to help this coin reach its maximum potential.

I have been watching this coin for only 5 days and it sure as hell has been very, very exciting.  But I am one of those people that don't trust anybody and will plaster here my paranoia for all to scrutinize.

1. The stakes on this Coin are HUGE..  anything is possible...  I would strongly suggest that if you are a strong believer of this coin you take ALL OF YOUR COINS out of the market so no one can play with them,  or borrow them, or steal them to manipulate the market.  In Wall Street this is called shorting a stock and is used by big players to manipulate the market.  The market manipulation can destroy the confidence and also crush a stock or in this case a coin.

2. This kind of manipulation can come from someone with lots of funds who also believes in the coin and is willing to take it to extremes.  For example this coin could be dumped back down to 5 satoshi and kept there until he accumulates all of the weak holders coins.  When the capitulation volume is reached then he brings the price back up and will be much richer WHALE!  Now if you combine this with such factors as tiny market and an exchange not able to function with such huge volumes... you are looking at some very dangerous situations.

I hope that I am wrong about this but since crypto is not regulated like a real stock market...  I think anything is possible and the risk is too high.

3. This kind of manipulation could also come from the opposite angle.  Assuming again someone with big funds wants to kill this coin so that HIS coin can be the one that shines above all.  Imagine the same scenario of SHORTING this tiny baby and selling the coin until panic and all psychological damage destroys the confidence while his coin rises above all.

Again I hope I am wrong but crypto is not regulated and anything can happen.  Today volume and price manipulation reminded me of wall street shorting actions.

MY SUGGESTION:  If you are a strong believer of this coin please remove your coins from the market and put them safely away so no one can touch them until this has matured!

First, you can't short cryptos directly and second, no single "whale" has enough BC to dump to take it down to 5 sat.

How do you know that you cant short cryptos?  Who guarantees that fair game is being played?  YOU?

I said directly. Read better.

I read correctly but who are you assure people that cryptos can not be shorted?

you can short BTC at plus500 and bitfinex
full member
Activity: 294
Merit: 100
Yep, I'm still holding til I buy more. Dumps aren't too bad until you've washed your hands of buying.
legendary
Activity: 1442
Merit: 1018
I have 3200 BC  that is it so no big deal for me...  but I still want to help this coin reach its maximum potential.

I have been watching this coin for only 5 days and it sure as hell has been very, very exciting.  But I am one of those people that don't trust anybody and will plaster here my paranoia for all to scrutinize.

1. The stakes on this Coin are HUGE..  anything is possible...  I would strongly suggest that if you are a strong believer of this coin you take ALL OF YOUR COINS out of the market so no one can play with them,  or borrow them, or steal them to manipulate the market.  In Wall Street this is called shorting a stock and is used by big players to manipulate the market.  The market manipulation can destroy the confidence and also crush a stock or in this case a coin.

2. This kind of manipulation can come from someone with lots of funds who also believes in the coin and is willing to take it to extremes.  For example this coin could be dumped back down to 5 satoshi and kept there until he accumulates all of the weak holders coins.  When the capitulation volume is reached then he brings the price back up and will be much richer WHALE!  Now if you combine this with such factors as tiny market and an exchange not able to function with such huge volumes... you are looking at some very dangerous situations.

I hope that I am wrong about this but since crypto is not regulated like a real stock market...  I think anything is possible and the risk is too high.

3. This kind of manipulation could also come from the opposite angle.  Assuming again someone with big funds wants to kill this coin so that HIS coin can be the one that shines above all.  Imagine the same scenario of SHORTING this tiny baby and selling the coin until panic and all psychological damage destroys the confidence while his coin rises above all.

Again I hope I am wrong but crypto is not regulated and anything can happen.  Today volume and price manipulation reminded me of wall street shorting actions.

MY SUGGESTION:  If you are a strong believer of this coin please remove your coins from the market and put them safely away so no one can touch them until this has matured!

First, you can't short cryptos directly and second, no single "whale" has enough BC to dump to take it down to 5 sat.

How do you know that you cant short cryptos?  Who guarantees that fair game is being played?  YOU?

I said directly. Read better.

I read correctly but who are you assure people that cryptos can not be shorted?

lol, anyone is free to offer a derivative instrument that people can use to indirectly short (doubt anyone would want to assume this kind of risk)... but if that isn't enough, look at all the exchanges. Name one that offers the ability to essentially use margin or short anything.
member
Activity: 98
Merit: 10
Lol to the panic sellers. I hope yu did realise that yesterday we were at 30k? Meaning that.. Even with these huge dumps and dips back we were still WELL OVER 50% gain?! So.. Lol.Coins have swapped hands.

This is how many people ended up with just a few hunderd ltc max. And not many hders had loads in the thousands anymore.

Panic selling all over the place.  
Yu should have realised that when we were nearing 100?k.. same thing happens to coin as when we hit.10k nearlu. Its a psychological barrier. And for whales.. Its an amazing time to dumpand cause loads od panic.  Yu keep.blaming whales for manipulating. They just give it a push with a few sell orders way below market value. And yu all panic and sell. Yu go lissing to the fuds and the haters and panic more and we the believe rs that we are NOT LIKE Auroracoin or Mazacoin bought more lol.
We will near litecoin.
full member
Activity: 238
Merit: 100
I have 3200 BC  that is it so no big deal for me...  but I still want to help this coin reach its maximum potential.

I have been watching this coin for only 5 days and it sure as hell has been very, very exciting.  But I am one of those people that don't trust anybody and will plaster here my paranoia for all to scrutinize.

1. The stakes on this Coin are HUGE..  anything is possible...  I would strongly suggest that if you are a strong believer of this coin you take ALL OF YOUR COINS out of the market so no one can play with them,  or borrow them, or steal them to manipulate the market.  In Wall Street this is called shorting a stock and is used by big players to manipulate the market.  The market manipulation can destroy the confidence and also crush a stock or in this case a coin.

2. This kind of manipulation can come from someone with lots of funds who also believes in the coin and is willing to take it to extremes.  For example this coin could be dumped back down to 5 satoshi and kept there until he accumulates all of the weak holders coins.  When the capitulation volume is reached then he brings the price back up and will be much richer WHALE!  Now if you combine this with such factors as tiny market and an exchange not able to function with such huge volumes... you are looking at some very dangerous situations.

I hope that I am wrong about this but since crypto is not regulated like a real stock market...  I think anything is possible and the risk is too high.

3. This kind of manipulation could also come from the opposite angle.  Assuming again someone with big funds wants to kill this coin so that HIS coin can be the one that shines above all.  Imagine the same scenario of SHORTING this tiny baby and selling the coin until panic and all psychological damage destroys the confidence while his coin rises above all.

Again I hope I am wrong but crypto is not regulated and anything can happen.  Today volume and price manipulation reminded me of wall street shorting actions.

MY SUGGESTION:  If you are a strong believer of this coin please remove your coins from the market and put them safely away so no one can touch them until this has matured!

First, you can't short cryptos directly and second, no single "whale" has enough BC to dump to take it down to 5 sat.

How do you know that you cant short cryptos?  Who guarantees that fair game is being played?  YOU?

I said directly. Read better.

I read correctly but who are you assure people that cryptos can not be shorted?
sr. member
Activity: 392
Merit: 250
Is it safe to go to sleep? hope there's no more dumping in the next hours.

dump your BCs and go to sleep

Into what exactly... Wink
legendary
Activity: 2412
Merit: 1044
60 btc?? LOL Have you seen the volume on mintpal today?Huh 60 btc gets swallows up in seconds! It is a tiny tiny drop in the bucket. Once we get to 2-300 btc a day then that will have a measurable impact.

If i had to call it Multipool bought AT around 30k and the greed and spec took it to 90k.. Weak hands bringing it back to 45-30k ... BC will be some stormy water for a while.
Guys, I like BC too, but don't tell me this whole insane pump was because people are so in love with BC. The multipool is nowhere near enough to sustain a massive pump like this. This is all greed and speculation, people looking for a quick buck. The longterm it good for BC, but these kinds of pumps are pure BS!!!!

Speculation?? The multipool buys frikkin 40-60 BTC A DAY!! Thats not speculation its MASSIVE. And its only gonna get better! Also consider the fact the proof of stake is better than proof of work. And the idiots that support proof of work are seeing the truth now as Blackcoin sells their coins to buy itself.

Ok and what happened today? This coin shot up like a rocket. The internet age does not understand the idea of patience. If they dont make 1 million dollars in under an hour they just run and cry.  But the point is, if the coin goes down the coin pushes the walls back and investors have a compelling reason to hold the coin. I didnt dump and I could have easily taken the orderbook to .0004 ... why the hell would i do that to watch the price shoot back up??? You play with fire when you dump on this coin.
newbie
Activity: 24
Merit: 0
Is it safe to go to sleep? hope there's no more dumping in the next hours.

dump your BCs and go to sleep
sr. member
Activity: 392
Merit: 250
This coin will jump right back up. The multipool brings in 20K a day. Early investors cashing out. I was an early investor I am a whale I'm not cashing out. I am holding this coin because it will hit 3 dollars. Anyone who does not realize that is because they dont understand the POS > POW and Blackcoin is proving it!!! I'm not afraid. Let it drop I would buy more if I could. I would buy it and any price. This coin will smash Litecoin. Why? Because Litecoin has the volume to feed the multipool. The coin is boring and slow and can be 51% attacked. Blackcoin is awesome I hope it crushes Bitcoin. Have no fear. I am a whale and I choose to hold.

Good for you... same boat here, although it's easier when you're not late to the party.  I do feel bad for those people that bought coins in the 90K range... but if they hold they'll be OK too eventually.

It's pretty easy for me (I bought my first 100K BC back in the 450 sat range) but I continued buying all along the way - so probably my average cost is around 5K sats or so.  Sure it's fun to look at CoinTicker and see it shoot up by tens of thousands of dollars in an hour, but just because it couldn't break 100K today and fell back to 'only' a 30% gain... I see no reason for concern - because the coin is the same one I originally thought "this coin could actually be something... I could see a reasonable market cap of $30-40M developing under it".

Of course, I figured it would take months... and in many ways I wish it had - because less informed people just see it as yet another PnD mining scam... even most of the comments seem to indicate a decent number of people think the coin just launched this week!   Roll Eyes

And to whoever just sold me another 10K coins at 52K sat... thank you so very much! Cheesy

Hmm well im at 300K BC and I thought about selling but I really love this coin so much. I may sell a few grand here and there but not yet. This is just the beginning. This coin is going to a dollar easy. I can see it passing Litecoin just based on the POW mining POS combo!!! Its fucking awesome. Once people learn whats going on this coin can smash all the other coins. It can even overtake Litecoin. So I'm not afraid of losing 50K in an hour to see 50K in the next hour. Selling now is stupid and risky. I guess if you like the thrill. A whale is risking his neck by selling. Did you see the charts?? Its absolutely insane. 50% increases in hours it schizophrenic because people are so scared it may just be another pump. But its not. Even distribution, changes hands alot, no mtgox bs, no china, no bullshit. This coin is faster, its proof of stake and it has a killer team and raving fans. And most importantly it has a BLACK HOLE that sucks the life out of stupid POW coins that waste energy and lead to a ridiculous arms race that now nobody can win. Where do you think the miners will go next? HERE.

LOL!  We're like BC twins pretty much then... 300K is what I've put away in cold storage... but I trade with about 10% more than that... although I agree with it being hard - but trading (or investing) isn't about emotions!  So I was actually more worried than anything when I saw it was at 80K earlier (getting my car serviced so couldn't trade on it anyway)...  All I kept thinking was "this is going to hurt some people if they're buying in now..." Sad

But about the only decent advice Buffet ever recited was "Buy fear and sell greed" - well, although I wasn't able to sell into the 'greed' earlier... I'm definitely buying into this fear. Cheesy
legendary
Activity: 1492
Merit: 1021
Fuck I wanna get in under 60k another opportunity of a lifetime

too late ho ho ho

hahah +1

this coins something else. I got a good feeling with this one.
sr. member
Activity: 294
Merit: 250
I still need proof that post multipool, this coin go go down for longer than 20 minutes. If it goes down everyday for a week I will budge.
legendary
Activity: 1442
Merit: 1018
I have 3200 BC  that is it so no big deal for me...  but I still want to help this coin reach its maximum potential.

I have been watching this coin for only 5 days and it sure as hell has been very, very exciting.  But I am one of those people that don't trust anybody and will plaster here my paranoia for all to scrutinize.

1. The stakes on this Coin are HUGE..  anything is possible...  I would strongly suggest that if you are a strong believer of this coin you take ALL OF YOUR COINS out of the market so no one can play with them,  or borrow them, or steal them to manipulate the market.  In Wall Street this is called shorting a stock and is used by big players to manipulate the market.  The market manipulation can destroy the confidence and also crush a stock or in this case a coin.

2. This kind of manipulation can come from someone with lots of funds who also believes in the coin and is willing to take it to extremes.  For example this coin could be dumped back down to 5 satoshi and kept there until he accumulates all of the weak holders coins.  When the capitulation volume is reached then he brings the price back up and will be much richer WHALE!  Now if you combine this with such factors as tiny market and an exchange not able to function with such huge volumes... you are looking at some very dangerous situations.

I hope that I am wrong about this but since crypto is not regulated like a real stock market...  I think anything is possible and the risk is too high.

3. This kind of manipulation could also come from the opposite angle.  Assuming again someone with big funds wants to kill this coin so that HIS coin can be the one that shines above all.  Imagine the same scenario of SHORTING this tiny baby and selling the coin until panic and all psychological damage destroys the confidence while his coin rises above all.

Again I hope I am wrong but crypto is not regulated and anything can happen.  Today volume and price manipulation reminded me of wall street shorting actions.

MY SUGGESTION:  If you are a strong believer of this coin please remove your coins from the market and put them safely away so no one can touch them until this has matured!

First, you can't short cryptos directly and second, no single "whale" has enough BC to dump to take it down to 5 sat.

How do you know that you cant short cryptos?  Who guarantees that fair game is being played?  YOU?

I said directly. Read better.
full member
Activity: 196
Merit: 100
Fuck I wanna get in under 60k another opportunity of a lifetime

too late ho ho ho

Green giant!
sr. member
Activity: 364
Merit: 250
Fuck I wanna get in under 60k another opportunity of a lifetime

too late ho ho ho
legendary
Activity: 1260
Merit: 1001
60 btc?? LOL Have you seen the volume on mintpal today?Huh 60 btc gets swallows up in seconds! It is a tiny tiny drop in the bucket. Once we get to 2-300 btc a day then that will have a measurable impact.

If i had to call it Multipool bought AT around 30k and the greed and spec took it to 90k.. Weak hands bringing it back to 45-30k ... BC will be some stormy water for a while.
Guys, I like BC too, but don't tell me this whole insane pump was because people are so in love with BC. The multipool is nowhere near enough to sustain a massive pump like this. This is all greed and speculation, people looking for a quick buck. The longterm it good for BC, but these kinds of pumps are pure BS!!!!

Speculation?? The multipool buys frikkin 40-60 BTC A DAY!! Thats not speculation its MASSIVE. And its only gonna get better! Also consider the fact the proof of stake is better than proof of work. And the idiots that support proof of work are seeing the truth now as Blackcoin sells their coins to buy itself.
hero member
Activity: 714
Merit: 500
Fuck I wanna get in under 60k another opportunity of a lifetime
hero member
Activity: 854
Merit: 506
Is it safe to go to sleep? hope there's no more dumping in the next hours.

This reminds me of the storm with China in beginning of Dec. I didnt sleep for weeks... lol
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