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Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2511158 times)
XbladeX
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March 25, 2014, 07:34:34 AM
 #9161

it's a blackhole for the other alts
I'm used to talk about altcoin as an ecosystem. This is part of what I wrote to rat4 earlier:
Quote
I see altcoins as a Darwinian process, most failing, some introducing a useful feature, some becoming predators or maybe one day apex predators (like blackcoins), feeding on smaller preys (like scamcoins/shitcoins/failcoins)...
When you talk about blackhole, I see a parallel with predation. Is blackcoin a predator (remember, predation is just a brutal way to get energy, by stealing energy from other life forms instead of getting from the sun or from eating plants)? I believe it already is.

We ma draw a partial parallel with life's trophic level
On the first trophic level (plants and algae in carbon life) are PoW coin (PoW = photosynthesis;value given by people = sun)
On the second trophic level, we have multipool (whichever coin they are feeding)
Blackcoin was on the first trophic level during its PoW stage. Then for a while, it stayed that way without any way to "eat" (no more PoW/photosynthesis, only expectation people would buy it). It would have cause its death (like what may be happening to poor mintcoin) if it wasn't for the multipool.

Now, if the multipool becomes a huge success (if what happend this week end continue), they blackcoin could become an apex predator, feeding on everything. Zoology taught us that apex predators are dangerous for everyone (obviously) including themselves! They become so well adapted to their ecosystem (read: invincible) that they start to exhaust it - they run out of food.

So my point is: if the multipool succeeds, blackcoin may become an apex predator and exhaust its supply (or its supply may adapt to become invulnerable, like poisonous animals did) and die. Granted, we have time until this happens. But this is very possible.

Enough for the zoology lesson. For now, keep you blackcoin and enjoy the ride. We should have at least two months before coins adapt (if the multipool developper keep their promise of making bc multipool better than other multipools).

Multipool is only one aspect of Blackcoin.
There is also many other factor of that coin.
About food there will be always something to mine like BTC / LTC...
Later will be probably some services and party will go on.
Whole crypto ecosystem is new we have curlentry market with overloaded new coins.
Eg when mint sterd now we have ZEIT,ECC,GHOST.... < the same coin with just difrent parmeters.
Some folks tried copy BC Cheesy but rat4 probably setuped trap Cheesy and they hard forked few times in row 1st night...
In top of that BC have something unique is like POS version of BTC.
And 1st coins with such low inflation in same time rewards can be get in every 8h for supporting

Is hard to say what will be adaptation of BC in future because all can happened.
Anyway as currency BC in next 10 years will be more deflationary than BTC just note that
this is true long therm potential of BC.



Request / 26th September / 2022 APP-06-22-4587
ManMachine
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March 25, 2014, 07:34:49 AM
 #9162

Choo Choo Next Stop 10K  Grin
Fraxinus
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March 25, 2014, 07:38:27 AM
 #9163

Choo Choo Next Stop 10K  Grin

Could be entirably doable seeing that we reached 9300 yesterday morning.

machinez
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March 25, 2014, 07:57:31 AM
 #9164

Choo Choo Next Stop 10K  Grin

i'm guessing 11k-12k by tomorrow  Grin Grin

dumpers are dumping in preparation for cheap buy in now that the multipool is up and running Tongue Roll Eyes
Ziploc
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March 25, 2014, 08:29:37 AM
 #9165

I just turned 38 today (technically, in 9 hours). BC si a nice Birthday gift  Grin

I am using IconicExpert's method of slow buying atm. I invest 0.01 BTC at a time. I lose money in the short term but it will help blackcoin in the long term. Do like me. IconicExpert or others, please restate your method, it is too painful for me to do it on a smartphone.

Would you mind explaining what this method is ?
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March 25, 2014, 08:42:53 AM
 #9166

is there any coin that copied blackcoin  in the market

I feel like Blitzcoin copied BC.

Same amount of coins, same reward.
7 days of PoW and then stop.

But with premine and no interest and IPO

If i'm correct that is, about details.

David Latapie
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March 25, 2014, 08:51:05 AM
 #9167

Gradual buy explained
(short link: http://bit.ly/gradual-buy-sell-bc)

I just turned 38 today (technically, in 9 hours). BC si a nice Birthday gift  Grin

I am using IconicExpert's method of slow buying atm. I invest 0.01 BTC at a time. I lose money in the short term but it will help blackcoin in the long term. Do like me. IconicExpert or others, please restate your method, it is too painful for me to do it on a smartphone.

Would you mind explaining what this method is ?
Now that I have a computer again, yes Smiley

Say you have 1 BTC. Instead of putting a buy order at market price (or lower), place, say, ten 0.1 BTC orders either at market price.
An improvement if you use a platform the allows conditionnal orders (like stop orders at https://cryptrader.com/ - beware, it won't work with Mintpal because Mintpal has not published its API yet):
place your ten 0.1 BTC order not at market price but at slightly above market price instead.
For instance, if BC is at 8800
Buy order of 0.1 BTC at 8820, 8840, 8860... and the tenth one at 8900.
Granted, you lose two times in the short term: the first time because you buy at market price instead of taking advantage of an occasional drop (e.g. buy orders at 7500) and a second because instead of buying all at once at market price, you actually buy at a more expensive price! This would appears as masochistic to a short-terme trader. But if you're in for the long run, you actually send a signal to everyone: "prices are constantly raising, be confident, no pump and dump, no scam, put your money in everyone".

As IconicExpert said, if people used gradual buy, the price would not be a 8000 now, it would at 9000 or even higher. Your short term losses are more than compensated then.
I call this gradual buy.

The reverse is true too (and this was the topic of the original IconicExpert's post): if you want to cash in without hampering the price of BC, don't sell at "lowest sell price minus 1 satoshi". Sure, you won't instant sell you will have to wait... some seconds to some minutes. I you cannot wait some more seconds, I think you have some serious questions to ask about yourself.

There is two conditions for gradual buying to succeed:
1. To be patient (wait some minutes). Having a stop order-compatible platform helps
2. To have a lot of people do it (that's the tough part)

I hope it is clear for you now. If you wan't more money, use gradual buying.

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Ziploc
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March 25, 2014, 08:58:39 AM
 #9168

Thx Mr Latapie
XbladeX
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March 25, 2014, 09:09:58 AM
 #9169

is there any coin that copied blackcoin  in the market

I feel like Blitzcoin copied BC.

Same amount of coins, same reward.
7 days of PoW and then stop.

But with premine and no interest and IPO

If i'm correct that is, about details.
I found funny situation Cheesy from their forum from dev:

Quote from: BlitzCoinDev on March 24, 2014, 05:20:35 PM
just came back home. needed to stay late at work.

I'll not be ready in 30 mins for launch Sad

need to postpone it.
what do you think? to postpone it for few hours or not to rush and postpone it 24h until tomorrow 6PM?


Just wonded how many lunch they will have:
GPU coin 5 lunches
Rotor hmm 4 lunches
Blitzcoin hmm ?

Btw pure speculation + PREMINE Cheesy = free BTC for Devs at least he is honest with that.



Request / 26th September / 2022 APP-06-22-4587
Jherek
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March 25, 2014, 09:15:10 AM
 #9170

is there any coin that copied blackcoin  in the market

I feel like Blitzcoin copied BC.

Same amount of coins, same reward.
7 days of PoW and then stop.

But with premine and no interest and IPO

If i'm correct that is, about details.
I found funny situation Cheesy from their forum from dev:

Quote from: BlitzCoinDev on March 24, 2014, 05:20:35 PM
just came back home. needed to stay late at work.

I'll not be ready in 30 mins for launch Sad

need to postpone it.
what do you think? to postpone it for few hours or not to rush and postpone it 24h until tomorrow 6PM?


Just wonded how many lunch they will have:
GPU coin 5 lunches
Rotor hmm 4 lunches
Blitzcoin hmm ?

Btw pure speculation + PREMINE Cheesy = free BTC for Devs at least he is honest with that.

I keep people telling that, but the IPO greeds don't want to listen and continue to throw BTC at devs that don't know shit...

How many profit did blackcoin devs do from their PoW-mining and multipool and how much the IPO scammers? Free BTC for close to nothing of work. Blackcoin shows, that successful coins neither need premine nor IPO and still can give the devs profits, but here the profit is fair, because everyone has the same chance to participate.

PS: Fortunately setting up a proper multipool seems not to be as easy as cloning a coin on a new blockchain. This will separate the wheat from the chaff.
CatKiwi
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March 25, 2014, 09:30:39 AM
 #9171

Some idiot is spamming .1337 orders and repetitive 2092 orders to try and pump it up - all he is doing is letting people know it is heavily manipulated. Buy support is near non existent right now, not sure whether it is in anticipation of the down trend or they are just cashing out. Either way, we are heavily pumped right now if the Mintpal order book is anything to go by.
Lokken86
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March 25, 2014, 09:33:59 AM
 #9172

When will stats be up on pool. Im mining away blindly here.
hamm3r
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March 25, 2014, 09:36:11 AM
 #9173

Some idiot is spamming .1337 orders and repetitive 2092 orders to try and pump it up - all he is doing is letting people know it is heavily manipulated. Buy support is near non existent right now, not sure whether it is in anticipation of the down trend or they are just cashing out. Either way, we are heavily pumped right now if the Mintpal order book is anything to go by.

Take a chill pill and get ur nuts rubbed. Price is right on track @ 7750. Slow and steady gain. Let ppl play in the margin if you're not interested in buying, or selling for that matter.
If you don't have balls of steel, my advice would be HODL.
ptic-1
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March 25, 2014, 09:46:47 AM
 #9174

soo    am I mining air on blackcoinpool.com,   how much BC should i expect....nice one with BLOCK found and WUU TANG is good  above 100%




I undestand that stats are coming   but I need some NUMBERS

█ B █ T █ C █12J89RucSq2vX5m5TcC5fP3PwVUrtWHn4c█ B █ T █ C █
XbladeX
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March 25, 2014, 09:55:40 AM
 #9175

soo    am I mining air on blackcoinpool.com,   how much BC should i expect....nice one with BLOCK found and WUU TANG is good  above 100%




I undestand that stats are coming   but I need some NUMBERS
So you have 0.01BTC ~ 50~150 BC
Depends on pool luck and other factors.

But look at that like long therm investment eg in year when BC will get eg. close to Litecoin.
BC is still young 30 days old ^^. Market cap is still small and have big room to increase + mayby next crypto bum and you have winner coin in hands.
If you feel closed beta don't suits you try other pools and buy BC on your own in depths.

Do you think that 1 BC = 1$ in future Cheesy ? (there is only 75m all....+1% year inflation)

Request / 26th September / 2022 APP-06-22-4587
TAKman
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March 25, 2014, 09:56:06 AM
 #9176

Quote
Crypto Rush ‏@TheCryptoRush 35m

Update on BlackCoin: Still waiting for the developer to assist us with the issues we're having.
 

Cryptorush sucks.  How did every other exchange manage to get it working, but they cant?  It takes less than 5 minutes to rebuild the daemon from source.

They can't even keep BTC working either.

Could a Dev please assist cryptorush in fixing their Black coin wallet.  I have a heap their that have been "frozen" since last night (Australia time).   I promise I will move them to a more efficient exchange.....Please! (we know your busy but just this once  Grin )

Also anybody else unable to withdraw their BTC from Cryptorush?

CR IRC says 1.5 blackcoins have been stolen. All blackcoin balances wiped out.
hamm3r
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March 25, 2014, 09:59:35 AM
 #9177

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Crypto Rush ‏@TheCryptoRush 35m

Update on BlackCoin: Still waiting for the developer to assist us with the issues we're having.
 

Cryptorush sucks.  How did every other exchange manage to get it working, but they cant?  It takes less than 5 minutes to rebuild the daemon from source.

They can't even keep BTC working either.

Could a Dev please assist cryptorush in fixing their Black coin wallet.  I have a heap their that have been "frozen" since last night (Australia time).   I promise I will move them to a more efficient exchange.....Please! (we know your busy but just this once  Grin )

Also anybody else unable to withdraw their BTC from Cryptorush?

CR IRC says 1.5 blackcoins have been stolen. All blackcoin balances wiped out.

1.5?
XbladeX
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March 25, 2014, 10:00:33 AM
 #9178

Quote
Crypto Rush ‏@TheCryptoRush 35m

Update on BlackCoin: Still waiting for the developer to assist us with the issues we're having.
 

Cryptorush sucks.  How did every other exchange manage to get it working, but they cant?  It takes less than 5 minutes to rebuild the daemon from source.

They can't even keep BTC working either.

Could a Dev please assist cryptorush in fixing their Black coin wallet.  I have a heap their that have been "frozen" since last night (Australia time).   I promise I will move them to a more efficient exchange.....Please! (we know your busy but just this once  Grin )

Also anybody else unable to withdraw their BTC from Cryptorush?

CR IRC says 1.5 blackcoins have been stolen. All blackcoin balances wiped out.

lol - f.ck me regular users don't have such problems with their wallets like they...
They definiety have to much coins on site and they make mistakes...
Other exchanges can handle this...Sad for BC owners who have problems now.
I don't believe that only BC would be stolen...

Request / 26th September / 2022 APP-06-22-4587
ptic-1
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March 25, 2014, 10:01:34 AM
 #9179

soo    am I mining air on blackcoinpool.com,   how much BC should i expect....nice one with BLOCK found and WUU TANG is good  above 100%




I undestand that stats are coming   but I need some NUMBERS
So you have 0.01BTC ~ 50~150 BC
Depends on pool luck and other factors.

But look at that like long therm investment eg in year when BC will get eg. close to Litecoin.
BC is still young 30 days old ^^. Market cap is still small and have big room to increase + mayby next crypto bum and you have winner coin in hands.
If you feel closed beta don't suits you try other pools and buy BC on your own in depths.

Do you think that 1 BC = 1$ in future Cheesy ? (there is only 75m all....+1% year inflation)


you mean  150 BC   , per hour Smiley             1$   why not       other blackcoin pool    with stats working?

Or should i go SOLO  for blackcoins somwhere somehow ..-joke---    

yes yes Im buying  all in

█ B █ T █ C █12J89RucSq2vX5m5TcC5fP3PwVUrtWHn4c█ B █ T █ C █
TAKman
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March 25, 2014, 10:04:12 AM
 #9180

Quote
Crypto Rush ‏@TheCryptoRush 35m

Update on BlackCoin: Still waiting for the developer to assist us with the issues we're having.
 

Cryptorush sucks.  How did every other exchange manage to get it working, but they cant?  It takes less than 5 minutes to rebuild the daemon from source.

They can't even keep BTC working either.

Could a Dev please assist cryptorush in fixing their Black coin wallet.  I have a heap their that have been "frozen" since last night (Australia time).   I promise I will move them to a more efficient exchange.....Please! (we know your busy but just this once  Grin )

Also anybody else unable to withdraw their BTC from Cryptorush?

CR IRC says 1.5 blackcoins have been stolen. All blackcoin balances wiped out.

1.5?

1.5 million, sorry
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