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

[IconicExpert]

+1 to everything Iconic said plus one thing (that he said last time)
Don't buy everything at once. Divide up your btc in small increments to keep the rise going. One massive buy will shorten the spike, whilst several small buy orders will lenghten it.
Sure, you will lose some satoshi (or hundred of satoshi, at present rate) in the short term. But in the long run, you help everyone (you included) getting even more money.

Iconic, please confirm I understood correctly.

Yes you understood correctly .

When someone puts up a sell order for 4 BTC it slows the momentum down, and often cause the price to retract.

[mrwalker1750]

Things too good to be true usually are... except for the guy who bought $27 worth of bitcoin in '09 and is now a millionaire.

Even worse is the guy that paid 7M for two pizzas he ordered with 10,000 BTC he'd mined in 2010:  

http://www.forbes.com/sites/ericmack/2013/12/23/the-bitcoin-pizza-purchase-thats-worth-7-million-today/

Moral of the story: Never sell-out cheap. You never know!

OMG yes that's crazy.. fact is, how could he think that 10.000btc would be worth that much now?

I certainly have a hard time "believing" so to speak that the coins I hold will be worth something in a few years, so yes I relate to the story hehe

Anyone heard from the pizza guy? LOL

No I'm saying the pizza salesman. The guy or company that received the payment.
The pizza guy has spoken about buying the pizza since. He said he doesn't regret buying the pizza for all those bitcoins, because if he had not bought the pizza then bitcoins may not have ever gained value. I will try and find the source.

[jamieb81]

Hello,

I am new with blackcoin. How to mine this cryptocurrencie???
Thanks.

you cannot mine it, only buy it on an exchange or use the multipool that will be operational soon, that will buy BC by mining other coins selling them to buy bc and pay you out in bc.

+1 to everything Iconic said plus one thing (that he said last time)
Don't buy everything at once. Divide up your btc in small increments to keep the rise going. One massive buy will shorten the spike, whilst several small buy orders will lenghten it.
Sure, you will lose some satoshi (or hundred of satoshi, at present rate) in the short term. But in the long run, you help everyone (you included) getting even more money.

Iconic, please confirm I understood correctly.

Yes you understood correctly .

When someone puts up a sell order for 4 BTC it slows the momentum down, and often cause the price to retract.

so true!

[draco71]

I agree, look even stupid shitcoin of Greececoin is higer now and you cannot compare BC community with a stupid aurora wannabe

These are 1 day to 1 week coins. 1 huge P&D, a couple of more modest size P&Ds, that's it.

They have nothing to do with BC.  

[StolenCoinSalesman]

The only other coin somewhat like blackcoin is Nextcoin

Nextcoin has 1 billion coins  13.3 times more then bc with a value of .000065
Nextcoin has a harder to use interface and the need to invest alot just to forge blocks to generate coins

With Blackcoin everyone has more of a chance to earn interest

With that in context blackcoins value should be when considered to nextcoin .0008465

That should be everyones target price.

[dominikf]

I deposited some BTC from cryptsy to mintpal. Is this normal I don't see anything on mintpal after already half an hour in my BTC balance?

[PeterPalmBeach]

I deposited some BTC from cryptsy to mintpal. Is this normal I don't see anything on mintpal after already half an hour in my BTC balance?

On the same boat here. BTC is very slow, it might take up to 3 hours to confirm.

[jamieb81]

I deposited some BTC from cryptsy to mintpal. Is this normal I don't see anything on mintpal after already half an hour in my BTC balance?

look in deposits, and see if it's there, and if it's pending, but it can take an hour or more since you send out from craptsy

[ssaCEO]

Help? Just compiled the newest blackcoind, but it's not connecting to any peers. It just keeps trying one peer over and over (74.220.199.8:6181) and getting a connection timeout. IRC connect fail. The old version was working fine... wth.

Anyone know some nodes I can throw in the conf file?

Bump... please help, we really need some nodes to resync our blockchain!!!

11:51:59
?
getpeerinfo

THANK YOU! But something is obviously going wrong... the new headless client just won't connect to anything. Screwy. For some reason the version we were running last night went into safe mode, so I just compiled the latest off github (blackcoin/blackcoin) but ...?! all connections are being refused from it. Might have to revert... damn it.

[yourstruly]

I'm thinking about starting the first exchange that uses blackcoin as the primary coin of exchange. The code I have been working on would be similar to mintpal.

For example we would have:
BC <-> BTC
BC <-> LTC
BC <-> PPC
BC <-> DOGE
etc...

This would allow multipool exchange operators to directly exchange into blackcoin making it cheaper and easier for everyone. We could even do trading discounts on targeted currencies.  

How much interest is there in this idea? I love the idea of a blackhole currency that absorbs weaker altcoins.

I wrote about this exact thing a few pages ago. This is what BC needs to set itself apart from other AltCoins. It would be nice if we could convince Mintpal to do this, like they did with LTC. It will make BC value explode overnight. But unfortunately BC is not proven yet and I think you would have to create the exchange for this to happen. 

Well I'm very serious about this idea, it would just be a matter of getting enough initial support to have enough liquidity. We could do 1 currency at a time it if helped possibly.

[artiface]

Help? Just compiled the newest blackcoind, but it's not connecting to any peers. It just keeps trying one peer over and over (74.220.199.8:6181) and getting a connection timeout. IRC connect fail. The old version was working fine... wth.

Anyone know some nodes I can throw in the conf file?

Bump... please help, we really need some nodes to resync our blockchain!!!

11:51:59
?
getpeerinfo

THANK YOU! But something is obviously going wrong... the new headless client just won't connect to anything. Screwy. For some reason the version we were running last night went into safe mode, so I just compiled the latest off github (blackcoin/blackcoin) but ...?! all connections are being refused from it. Might have to revert... damn it.

I built 1.0.5 from the github source for the block explorer and it seems to be working fine.  Did you get any errors?

[dominikf]

I deposited some BTC from cryptsy to mintpal. Is this normal I don't see anything on mintpal after already half an hour in my BTC balance?

look in deposits, and see if it's there, and if it's pending, but it can take an hour or more since you send out from craptsy

ok thanks :-)

[jamieb81]

I deposited some BTC from cryptsy to mintpal. Is this normal I don't see anything on mintpal after already half an hour in my BTC balance?

On the same boat here. BTC is very slow, it might take up to 3 hours to confirm.

I deposited from my multibit wallet to mintpal just 10 minutes ago, and it's availale already.

[IconicExpert]

I have a lot of the code finished, and have been writing test code for it. If there is enough interest I might be able to start with a few currencies to test the waters. Otherwise I could always hold back and create complementary mining pool software go alongside it.

There will definitely be interest. However, I must point out the obvious. Starting an exchange is a huge undertaking, the security issues alone is a nightmare. I have been a software engineer for over 10 years and I have worked on everything you can imagine, and I would be very hesitant to create an exchange because of the numerous headaches. But I do believe something like this would take BC to the next level. People would look at BC totally different if it was traded against other AltCoins.

Another option is to convince one of the established exchanges to implement this.

[baka]

Fak you blackcoin, this dump shall be greater than vertcoin's.

[PDcologne]

wow big dumps happening - when will people learn...

i just bought more -  

[jamieb81]

omg from 9000 to -6000 all the sudden

[baka]

wow big dumps happening - when will people learn...

i just bought more -  

well then you're either a fucking moron or a liar.

[Stinky_Pete]

Some help about minting please.

I have my wallet open. I have entered the command "walletpassphrase <yourpassword> 999999 true". The little padlock icon is open and the pop-up note says "Wallet is encrypted and currently unlocked". When I move the cursor over the green up-arrow icon the pop-up reads "Staking. Your weight is 16447. Network weight is 18115819. Expected time to earn reward is 18 hours."

Does this mean I need to leave my wallet unlocked for 18 hours to get the coins?

[jamieb81]

wow big dumps happening - when will people learn...

i just bought more -  

I'm transfering btc to mintpal right now to buy again! lol