Topic: Blackcoin and why it could be really big // Intro to Blackcoin - page 3. (Read 3889 times)

I don't disagree that the turn around from beta to live is reasonable, and I'll admit I have not looked in to MintCoin's multipool - my point is that you want to get dedicated miners in early so they don't hop on another coin. If they can return to what the previously had in beta and exceed that to what you're predicting, I'll be stoked as that means I was right about BC's future... my fear is that a week off, with other devs now stealing the idea, could harm it. Time will tell and I hope I'm wrong.


Also, I mined it for 36-48 hours and only got 300bc at 2440khs.. was kind of disappointed but expected as much from a beta.

The mintcoin pool is a joke at 50 mh. The blackcoin pool will be over 7.5gh (expecting closer to 20 gh within a week) not including all the other algorithms.

1 week turnaround from beta to live seems pretty reasonable.

I believe BC has a chance. I think they fucked up BIG TIME by putting out the beta multipool. That was a unique idea that they should have done everything they could to perfect during a private beta. Now, other coins have multipools up doing the same thing as blackcoin while the blackcoin pool is down to finish development. Is MintCoin's multipool in beta or perm?

Either way, BlackCoin shot itself in the foot and now has to hobble along hoping it heals right.

I'll try it out

I think BC will be a good store of appreciating value over time.

It's going to be difficult the first week once the bcmultipool fires back up, but after a week I think we will see prices stabilize a bit.

Lets be honest, the only thing anyone really cares about is value.

Do you get value out of your coin/currency?


>> Bitcoin <<

The first cryptocurrancy but it has certain drawbacks that many many alts have tried to fill.
Its slow
Blockchain is huge
not truly anonymous
About 5% (actually 11%) inflation right now with mining >> your coins worth less overtime
Few large holders of coins
Massive mining farms can control the price as they can dump or withhold supply as desired.

But it obviously has value.

Most alts have tried to play into the hype that is Bitcoin and Litecoin and varying degrees of success, the last one being Doge. I'm not going into the pump and dump premine coins that are Auroacoin or Spaincoin or whatever flavor it is today.

Enter >> Blackcoin <<

I definitely think everyone needs to take a second look at Blackcoin as it solves the biggest problems bitcoin has.
Blackcoin has:

• 1% max inflation annually, new coins are only created by PoS.
• First ever PoS coin to have solved the forking issue (almost 30 days old and no fork)
• No one person controls more then 2% of the coins
• First ever Altcoin multipool that will mine everything else and give you Blackcoins bought from the market (live this weekend March 21-22)
• Less then 75 million coins
• Fast (less important but its a plus)
• NO PREMINE or IPO

Blackcoin is not for anyone in particular. It doesn't have an agenda like the gimmicky specialty coins. It is only designed to create valuable blackcoins.

How does Blackcoin accomplish this?

• No additional supply being dumped daily on the market, currently there is less then .2(Actually .06) BTC being created daily. For contrast, 500+ BTC is needed to sustain the DOGE price... per day.
• No large holders manipulating the market.
• MultiPool that constantly converts alts and even BTC directly into BC value at a calculable rate. Currently tested at 7.5 GH scyrpt and 1.5 TH on SHA256 during the beta on March 14th-16th

The Bottom Line

This is a feedback system without a blowoff valve(aka inflation). I honestly don't know what blackcoin will do at higher market-caps, but I can say it could reach pretty massive heights. I wanted to make this as even people that are trading blackcoin right now don't truly understand what its capable of.


TLDR : Blackcoin will retain whatever value you put into it and grow over time.

www.Blackcoin.co
https://www.mintpal.com/market/BC/BTC
https://bitcointalksearch.org/topic/ann-blacknet-ibo-for-blackcoin-new-code-pos-no-ico-469640

EDITED to included corrected inflation numbers