[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

[fullhdpixel]

Lets ensure everyone that the community here is holding the largest market share! I think we can get through this depression together!

[Soepkip]

Community Bounty Drive UPDATE

Total Donations Now: 42122.

Games:

First Dice site - 7500 BC
First Gambling Site - 7800 BC

Translations:

Translate the OP Post, including posting it in the subsequent BitcoinTalk forum:

German Translation - 400 BC

Community Services:

Reddit Tip Bot - 1500 BC

Graphics:

Professional grade YouTube video - 750 BC
[Seperate] Reddit Top Banner Design - http://www.reddit.com/r/bccoin/comments/1yvq0p/contest_best_banner_for_this_subreddit_gets_500/

All graphics must be based on the logo in the op post.

Merchants:

First Merchant - 5000 BC
Second Merchant - 2500 BC

Other:

Articles about BlackCoin on websites with a minimum of 100 visitors a day - 500 BC (Limit: 8 )
#1 - http://altcoinauthority.com/2014/02/blackcoin-pos-on-steroids/ - 500 BC - SENT
#2 - http://www.cryptoarticles.com/crypto-news/2014/2/26/blackcoin-powpos-hybrid-with-bright-future - 500 BC - SENT

Bounties Claimed:
Chinese translation - 400 BC - hdzw
Spanish translation - 400 BC - rest0r
French translation - 400 BC - Aknoth
Dutch translation - 400 BC - Troj
Polish translation - 400 BC - skarto
Russian translation - 400 BC
A detailed guide (including screenshots) on how to unlock your wallet and receive PoS. - 500 BC - Bobaf3tt
Game (ARCADE) site - 1000 BC - jayguar
BlackCoin Accepted Here buttons & Designs for 'Download Client' Buttons - 500 BC - rocketcoins
Dedicated BlackCoin Forum - 2000 BC - theneos
Finnish Translation - 400 BC - Chofoe
Scratch Game - 4000 BC - virtualdn - Also loaded up the card with 500 BC!


Bounty's set: 39950 BC
Bounty's paid: 12300 BC
Left: 2172 BC


Donations can go here:
BAsdtYwvu3a1ErmY7GxWM5squAJnwBJM1c

WE COULD USE MORE DONATIONS FOR MORE INCENTIVE!

[blade87]

Price continues down. 660 now. Ouch.

I'm going to pulling any BC I have off the exchanges later today. The exchange itself may be using its pending supplies to short manipulate the price down, because it certainly wasn't profitable to mine this even on the second day at 650 satoshi. I can't find much reason for anyone who mined to be selling it this low when the mining investment period was so short. Either that, or someone is just trading a supply back and forth down the offers.

I will throw in one final average down offer somewhere between 300-500. After that I'll just claim 100% loss, leave my wallet open to gain PoS on all the BC I own, and forget about checking the price.

[fullhdpixel]

Selling now would be like selling a 70 billion coin on 0.5 satoshi.

[brightlight]

I don't understand... what happens!?  

Do you still consider so called Whales are playing with coin?

[TheProgrammer]

Price continues down. 660 now. Ouch.

I'm going to pulling any BC I have off the exchanges later today. The exchange itself may be using its pending supplies to short manipulate the price down, because it certainly wasn't profitable to mine this even on the second day at 650 satoshi. I can't find much reason for anyone who mined to be selling it this low when the mining investment period was so short. Either that, or someone is just trading a supply back and forth down the offers.

I will throw in one final average down offer somewhere between 300-500. After that I'll just claim 100% loss, leave my wallet open to gain PoS on all the BC I own, and forget about checking the price.

Yup I am about to pull my BC too out of exchanges now, better to leave them on POS for good

[brightlight]

F. those dumpers, stupidosselers, coinfu*ers. I am landing my coins for PoS work. It is undervalued now for sure.

[blade87]

I don't understand... what happens!?  

Do you still consider so called Whales are playing with coin?

Of course. Things have to look hopeless to shake out as many as possible before they can get good. BC lacks daily maintenance, even less so than QRK did before it had a 3000% rise. But QRK was pretty much looking dead for many, many months before that happened. Now QRK happens to be relevant because of that rise. That's why I keep saying, don't expect anything for a while. These whales need a lot of time to accumulate at low prices before it's even worth bothering for them to push high. You're not going to see it by looking at the top 100 either as they aren't stupid and spread it out over plenty of wallets to stealth hoard.

[now2ai8]

It's going to go lower.  Don't expect a turnaround (if any) for the next month or so.  It's going to take awhile for the miners to dump the coin.  Basically, they're are admitting defeat and selling at a lost.  

[Soepkip]

What do you guys think of this?:

Why only 1% interest a year? That is not attractive!

Well, actually it is. BlackCoin needs very little upkeep to keep the market price at the same height. Let's say the price of BlackCoin is stable around 5000 Satoshi's, with the 1% compound interest a year you would need around 0,1 BTC a day to keep the price at the same level.

To explain this better we need to pull out a calculator:
1% of 75 Million = 750.000.
If we take this 750.000 and divide them up on a day to day basis (365 days in a year) we would get 2054 new coins a day. To keep the price the same 0,10 BTC would be needed daily. If someone would put in 100 BTC the price would rise by the amount of coins available divided by 99,9 BTC.

If we compare this to other popular Altcoins, like Litecoin or Dogecoin you would need 1800 BTC a day to keep the price level for Litecoin and 576 BTC a day to keep Dogecoin's price level.

This means that BlackCoin is a very good store of value. See it as gold in the age of crypto currencies.

[fullhdpixel]

This may sound radical but it will work:

Everyone needs to pull all of their BC out of the exchanges.
Do not put up any buy orders above 500 satoshi and dont put any sell orders at all.

Now the whales can buy all of their BC for real cheap and can pump the value sky high! They will only do this if there is something in it for them, so lets give them their opportunity. It may be our last hope.

[brightlight]

Let the big players do what they do. Sometimes their efforts helps coin to establish higher resistance level. Actually they define it... Sometimes coins are raped after

[Geeza6969]

Could you get BlackCoin added to the free coin giveaway at http://www.qoinpro.com/491a1373a2bfdd449a46d530a7cbb5cc

Great way to promote new coins.

[fullhdpixel]

Everyone stop buying coins until we are down to 500 sats. We need to get rid of those noobs bashing our coin, but trying to ride our waves. We will buy them ultra cheap and then pump this coin to orbit.

[brightlight]

Everyone stop buying coins until we are down to 500 sats. We need to get rid of those noobs bashing our coin, but trying to ride our waves. We will buy them ultra cheap and then pump this coin to orbit.

 I don't have a spare BTC, so I am out...

[vex]

The rich just got richer. The limit for top 100 richest went up to 121k.

http://agran.net/bc_getbalance.php?top=5000

Opposed to most of the other coins, this one can't me mined anymore, therefore the supply of new freshly mined coins to be dumped by profitability miners is nonexistent. The coin has much more room for price increase than drop. I finally made it into top 100, thanks to people selling at 800ish and 750 today, all in now. Will not sell. Hodling!

https://i.imgur.com/Cun5GDz.jpg

[Soepkip]

The rich just got richer. The limit for top 100 richest went up to 121k.

http://agran.net/bc_getbalance.php?top=5000

Opposed to most of the other coins, this one can't me mined anymore, therefore the supply of new freshly mined coins to be dumped by profitability miners is nonexistent. The coin has much more room for price increase than drop. I finally made it into top 100, thanks to people selling at 800ish and 750 today, all in now. Will not sell. Hodling!

I do feel you should be able to create a more... fitting meme :p

[brightlight]

DUMP? NO, THIS IS BLACKCOIN!!!

[now2ai8]

The top holder of BC is actually moving it out.  You can see the decrease.  If he/she is dumping, the price will fall even more.  

Address B6WWCjPVGt3PGdW8wyjDvtPLSSDGxBDHBe

9a39a88d1f...   10768   2014-03-02 08:27:00   (80000.0033)   4350003.5222   BC
7d8ca5e3c5...   11064   2014-03-02 13:36:06   (50000.0143)   4300003.5079   BC
23fdbef853...   11351   2014-03-02 18:40:29   (50000.0011)   4250003.5068   BC
65dd88aca0...   11739   2014-03-03 01:30:12   (109999.9999)   4140003.5069   BC
a28d4aad73...   12236   2014-03-03 10:21:45   (140000.0027)   4000003.5042   BC
f7670faf5d...   12447   2014-03-03 14:05:46   (250000.2117)   3750003.2925   BC
4c62a7f6b4...   12750   2014-03-03 19:28:16   (50000.0008)   3700003.2917   BC
affe78bf58...   12876   2014-03-03 21:45:33   (70000.0232)   3630003.2685   BC

[brightlight]

Well, well, well, MINT coin got a fresh breath!