zwiggelbig
Member

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Activity: 98
Merit: 10
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April 13, 2014, 04:40:57 PM |
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Sold nearly 500k BC @7000 and....  Ouch...that is $65,000 today's value. However, the good news is you can jump back in now. This price IS still cheap, BC is going way above $1.00 per coin. If it takes over BTC as primary crypto, a $1.00 is super conservative. Not to mention the Wall st investor money is coming, maybe they will buy BC instead of BTC this year.  Cant we pay to get an article in the wall street journal to spark their interest?
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digicidal
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April 13, 2014, 04:46:44 PM |
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... What's not iffy is the 39090 high volume re-test which is now due on the three timeframes above. BC got very close to a re-test (38999) a couple hours ago however it couldn't quite make it, which is good because consolidating after such ridiculous price increases means that the overall up-trend will have stronger legs to stand on going forward at higher prices. BTC in the meantime is shitting itself again so BC going sideways would be a-okay with me.
JL
Me too, in fact I would prefer it. A day or so of very solid consolidation around the 30K point (especially in the face of falling BTC prices) would undoubtedly pull in many investors that are still on the fence due to such rapid appreciation over the past 24 hours. There are obviously, judging by some of the inquiries in this thread, some people that do not understand the difference between a PoS coin that's already been mined and a PoW coin which is expanding daily. That's why so many keep calling for a massive sell off - because they've seen the pattern repeated with so many other coins. If they see that no matter what the market climate, at worst BC stalls for a short while, and then starts climbing again... it might start to make more sense to the less informed investor. 
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CoinCartel
Full Member
 
Offline
Activity: 122
Merit: 100
☆☆☆☆☆☆☆
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April 13, 2014, 04:51:02 PM |
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We should plan a major Blackcoin meetup I'd love to be part of the team that puts that together.
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digicidal
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April 13, 2014, 04:52:09 PM |
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i want to buy blackcoin put options so i can make money from blackcoin going down. we can do this with an escrow basicly i pay you for the right but not obligation to sell you blackcoins at 0.00025 in a month. you would send bitcoins to an escrow and he would store them for 1 month. at any time during that month i would send blackcoins to the escrow and he would release the bitcoins to me.
for example i pay you 50 btc for you to buy 1 million blackcoins from me at 0.00025 within a month. you would send 250 btc to an escrow and at anytime during that month i can send the escrow 1 million blackcoin and he would send the 250 btc to me.
And I would like a call option... say you buy 1M BC today - and if it gets to 100K satoshis... you sell it to me for 50btc...  I think you're seriously deluded if you think anyone on this thread with 250BTC is planning on leaving it all in BTC! 
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btcprice
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April 13, 2014, 04:58:59 PM |
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... What's not iffy is the 39090 high volume re-test which is now due on the three timeframes above. BC got very close to a re-test (38999) a couple hours ago however it couldn't quite make it, which is good because consolidating after such ridiculous price increases means that the overall up-trend will have stronger legs to stand on going forward at higher prices. BTC in the meantime is shitting itself again so BC going sideways would be a-okay with me.
JL
Me too, in fact I would prefer it. A day or so of very solid consolidation around the 30K point (especially in the face of falling BTC prices) would undoubtedly pull in many investors that are still on the fence due to such rapid appreciation over the past 24 hours. There are obviously, judging by some of the inquiries in this thread, some people that do not understand the difference between a PoS coin that's already been mined and a PoW coin which is expanding daily. That's why so many keep calling for a massive sell off - because they've seen the pattern repeated with so many other coins. If they see that no matter what the market climate, at worst BC stalls for a short while, and then starts climbing again... it might start to make more sense to the less informed investor.  I agree with both of you here. What's kind of funny is that I remember back around March 21st or so the price had gone sideways around the 3000 sat mark for a couple days. I was wondering if it would ever go up again. LOL! This last week when the price hovered around 9000 sat for a couple days I just told myself to be patient and remember how this coin goes sideways for a couple days and that is a good thing.
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blade87
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April 13, 2014, 05:04:58 PM |
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If you want to be rich by investing in BlackCoin or any other promising coin read about this simple investing system: https://asktom.cf/index.php?topic=345065.0TL;DR:1. Buy coins for as much money as you can afford to lose 2. Wait for the price to double 3. Reward yourself by selling 10% of your coins 4. Go to point 2  If at any stage something bad happens to the coin you should still have plenty of cash. Don't sell all your coins - don't repeat mistakes of the people who were selling bitcoins for 1$ or worse. Good luck  Don't forget to reinvest a small portion of your profits back to the BC Foundation which will fund new exciting projects for BC. That will also help your current holding. Remember, this coin has no premine. 
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digicidal
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April 13, 2014, 05:05:33 PM |
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... What's not iffy is the 39090 high volume re-test which is now due on the three timeframes above. BC got very close to a re-test (38999) a couple hours ago however it couldn't quite make it, which is good because consolidating after such ridiculous price increases means that the overall up-trend will have stronger legs to stand on going forward at higher prices. BTC in the meantime is shitting itself again so BC going sideways would be a-okay with me.
JL
Me too, in fact I would prefer it. A day or so of very solid consolidation around the 30K point (especially in the face of falling BTC prices) would undoubtedly pull in many investors that are still on the fence due to such rapid appreciation over the past 24 hours. There are obviously, judging by some of the inquiries in this thread, some people that do not understand the difference between a PoS coin that's already been mined and a PoW coin which is expanding daily. That's why so many keep calling for a massive sell off - because they've seen the pattern repeated with so many other coins. If they see that no matter what the market climate, at worst BC stalls for a short while, and then starts climbing again... it might start to make more sense to the less informed investor.  I agree with both of you here. What's kind of funny is that I remember back around March 21st or so the price had gone sideways around the 3000 sat mark for a couple days. I was wondering if it would ever go up again. LOL! This last week when the price hovered around 9000 sat for a couple days I just told myself to be patient and remember how this coin goes sideways for a couple days and that is a good thing. Yeah with any hotly traded coin - especially after such brisk trading - it takes a little while to shake out the weaker hands before surging ahead again. It's all good, because bc is only getting more widely distributed through the process.
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svojoe
Legendary
Offline
Activity: 968
Merit: 1000
einc.io
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April 13, 2014, 05:14:22 PM |
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I just woke up almost shit my pants after looking at the price
 Prepare a diaper tomorrow Do you think somebody is going to sleep tonight? :0 Im not..the next 12-14 hours will be a major test. If we double again there will be a lot of happy people tomorrow morning. I am not concerned really, Never bet against black, just because it looks like we are stable for 12 hours at 30k so it might go down doesn't mean squat. This thin could rocket up and leave you behind *forever*. So because you can't sell you might as well ride it out. But I do think it just might go up more tomorrow! ha!
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JamesR1
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April 13, 2014, 05:18:53 PM |
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A quick time out guys. A funny little video clip to raise awareness of 'Project Goosebury' the new Blender full feature film. It will be the first open source project to take on the Hollywood studios if it gets its funding. Well worth the donation imo. https://www.youtube.com/watch?v=r-wgprY0qJA
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Aboroth
Member

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Activity: 60
Merit: 10
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April 13, 2014, 05:20:07 PM |
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Impressive price movement. One thing I'd like to chime in about is I really hate the catchphrase "Once you go black..." that's plastered on promo posts. It doesn't do any clever wordplay, it just leaves a juvenile thought hanging mid-sentence. I'm supposed to finish it myself in my head, I guess, with "you don't go back" or "you're a single mom" but if you wanted to go with a stupid cliche for advertising some kind of twist on it would be better than the lazy way out of making people finish it themselves.
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JamesR1
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April 13, 2014, 05:24:30 PM |
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I think they are looking for a new one already, but it's meant to be..
Once you go black, you never go back.
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vonBerlichingen
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April 13, 2014, 05:26:17 PM |
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Great performance.
Now, Cryptorush, give me my Blackcoins back!
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Vann
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April 13, 2014, 05:29:23 PM |
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I think they are looking for a new one already, but it's meant to be..
Once you go black, you never go back.
Once you go black, you never look back! 
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svojoe
Legendary
Offline
Activity: 968
Merit: 1000
einc.io
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April 13, 2014, 05:29:58 PM |
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I think they are looking for a new one already, but it's meant to be..
Once you go black, you never go back.
I prefer "Always bet on Black" Its not amateur and is very widely understood
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jamieb81
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April 13, 2014, 05:31:16 PM |
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I saw someone that lost all of his coins today here on the forum. and today I saw an article about this software, does anyone know about this? http://www.bitcoinvigil.com
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Vann
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April 13, 2014, 05:31:18 PM |
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Great performance.
Now, Cryptorush, give me my Blackcoins back!

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qiwoman
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April 13, 2014, 05:33:02 PM |
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I think they are looking for a new one already, but it's meant to be..
Once you go black, you never go back.
Once you go black, you never look back!  Is there any way we can claim back our stolen coins or we are all just waiting?
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David Latapie
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April 13, 2014, 05:35:22 PM |
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Mint also came before.. I think BC was the first to reach pure PoS stage though? I think that is correct since PPC PoW continues. I believe MINT was the first to introduce a limited (5 week) initial PoW distribution model before going to pure PoS, followed by BC. The BC PoS began about 2 weeks before MINT's did. Peercoin: correct - initiated PoS Mintcoin: correct - initiated Fast PoS (first because of its environmentally-conscious idea and second to avoid massive rigs to destroy fairness by getting it all) Blackcoin: correct - first to attain pure PoS (Mint was 5 week PoW, BlackCoin arrived at week 2/3 and was 1 week PoW)
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PeterPalmBeach
Sr. Member
  
Offline
Activity: 336
Merit: 250
SellALL, BuyBTC
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April 13, 2014, 05:44:51 PM |
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merkin51
Member

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Activity: 95
Merit: 10
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April 13, 2014, 05:52:44 PM |
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Is there anywhere to download the blackcoin blockchain, over torrent or something? The update through the wallet is taking ages :/
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