neilh, you should realize it's mainly me who trashes BC. The rest of the community mainly focuses on Mint development.
So even though you didn't direct your question of "why trash blackcoin" at me I will answer:
Blackcoin came out 10 days after Mintcoin with a 10 day distribution. A complete copy cat that only had one way to ride the success of Mintcoin wave: Instamine the coin in 10 days. They claim to be original because of this different distribution method. They also differentiate themselves by paying a measly 1% interest on their instamined coin.
Blackcoin then came up with a good idea. The BC multipool. Again, not an original idea as we have seen multipools selling alts for BTC for years now.
It's a good idea for a coin with a small marketcap, because even a small 2 BTC buy at a price above current market price can artificially increase the price by a 300-500 satoshi margin. This is a great way to trick gullible investors into buying high. Then they get dumped on by the people who know what's happening. Then the process repeats. What is happening now is that only true believers are holding the coin. No one is buying anymore, and so the volume is dying as manipulators set their sights elsewhere.
The truth about blackcoin is that it holds no real value. It's literally as if someone put 74 million coins on the market and then said "Buy our wonderful coin, it's better than bitcoin!"
I'll agree you are the main person, but there are others that do
it, or at least post little snide remarks regularly.
The fact BC is a low interest rate is a plus, and also the total PoW
coins millions, not billions is also a plus for me.
I actually had Mint when it was at 4 sat. Made a very nice profit
and moved to BC. I still like to read this thread to see how Mint is
progressing. So I see your posts and others all time, but for the
most part ignore it.
ECC is much more similar to Mint, but that hasn't had the price
increase like BC has it, which I personally think is why you have
a problem with BC!