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

[gonzoucab]

the only way of bringin miners back is to make price grow

price is declining, then miners will leave.

thats bussiness

[blade87]

I've been getting payed daily since I started mining and they give you an update every day as to the average bc/mh

What date was your first payment please?

The latest bc/mh would be interesting to me too, thanks. And maybe the peak a couple of days ago also, just for comparison.

I am really going now  

Thanks guys

I've been tracking on my failover for quite some time now. I go back to March 25th and you can see how BC amounts per day were much higher back then, and you can see how it dipped to below 50 with this particular miner when we got very high.

http://www.cryptoalts.com/stats/?miner=BJ8Jx2Z18tDtsFALRDtuqs2xSrt6VGiAtC

[dzimbeck]

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

I didnt realize this, but this makes much sense, im moving to the bcmultipool right now, only 4mh/s but if theres 100 like me reading that message of you and realizing the same as me theyll also point their
Miners to the bcmultipool right away!

We should really tell everybody about this fact this is great

i dont know why you didnt see this. it's a very simple calculation. it's constant guaranteed daily investment. no matter how long it takes.. if we keep acquiring and hold, the price has no choice, but to go up. no choice! and up, and up and up and up.

You are assuming your buying action has no impact on the price. This can only happen if you defy supply and demand.

Its just pure logic. The pool has to buy they have no choice. At this price they buy up 100% of the coins in a year. Simple math. Add that to community drive, good branding, fast confirmations and proof of stake. Miners just need to mine for a year and walk away from the computer. No matter what, they buy the market in a year. The price has to rise based on that alone. Blackcoin atms, coinkite and other things also make this swell. Also it being top 20 coins makes it swell upwards. There is no other choice this coin must replace litecoin.

What would happen if you bought 200,000 coins on bter today (using funds from mining other coins)?

With the same amount of money, would you be able to buy 200,000 coins tomorrow at the same price or would it most likely be higher?

And what about the next day?

Thats the point. When you buy you push the price up. The hash rate on the pool went up when the price was 4x. The only problem was people got scared. But it wont matter because there is enough miners to support a contant amount of pressure. Litecoin is down 4x from last year and it has not recovered. It never will because miners dump all over the coin every day the only thing holding it up is bagholders. They will leave Litecoin like I did once they realize proof of stake is better.

When you buy you push the price up and in turn diminish your buying power unless the amounts you buy with increase at the same rate. Blackpool hashrate increase and profits would have to match the price increase of BC (1000x 2000x? I don't know) just to stand still. Otherwise, blackpool influence on the price will diminish over time.

When was the first blackpool payment? I can't see a history of payments on the website.

The blackcoin pool has been around for over a month. Their miners get paid. Why do you think they are there??! I would love to hear miners come in and reply to this just throw your shit out.

There is truth to the buying power going down as price goes up. That is why miners need to hold!! They are investors as well they need to realize its a collective effort. Besides,  a 10x increase puts us next to Litecoin. Im pretty sure that investors will take it from there.

I am not calling into question if it exists or is functional, I am asking as I am not sure blackpool is a world first.

But I am more interested in any features that BC will have.

I will have to catch up with this thread later, can someone point me to when the first blackpool payment was made?

Thanks guys

It is a world first. They were the first 100% pow/pos hybrid to go to the proof of stake stage. Its the first coin ever to be mined indirectly. Its also one of the fastest coins in the world at 10 second confirmations. They are also more resilient to malleability issues which can allow for smart contracts. Bitcoin struggles with that since rawtx can be tampered with. Just like peercoin it cant be 51% attacked which is huge since Bitcoin will eventually be destroyed by "selfish miner" and 51% attacks. People dont understand how serious 51% attacks are. Quantum computing will end Bitcoin. It will not be able to end Blackcoin or Peercoin. We should get the crypto commmunity prepared for that. So while there are miners we should have them mine this coin indirectly so they are (A) Happy and (B) in the right coin. POS > POW. Thats the point.

[niothor]

Thanks for dumping, I was looking for a chance to buy in.

And if the dumping wouldn't have taken place you would have waited and waited and waited?

[niothor]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

[dzimbeck]

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

HOLD this coin!

Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!

Good stuff! 

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

No problem read the above quote. The pools hash rate is still great.

[bitcoin carpenter]

I've been getting payed daily since I started mining and they give you an update every day as to the average bc/mh

What date was your first payment please?

The latest bc/mh would be interesting to me too, thanks. And maybe the peak a couple of days ago also, just for comparison.

I am really going now  

Thanks guys

Mine was on the 15th of march but that was beta I didn't receive a payment from the newer multi until the 27th

[bitcoin carpenter]

Guys!! I just realized something very important about dumping this coin!!! Please listen.

PLEASE READ MINERS:
At the current hash rates the mining pool generates 35-60 BTC a day. At the current price that buys roughly 200,000 coins a DAY.

So with a LIMITED SUPPLY of 74 Million coins at the current price the pool will BUY THE ENTIRE MARKET in one year.

I want everyone to repost this so that it really sinks in.

Dumpers or not, if the miners HOLD they will push this coin much higher than it was last week. Even in 3 months, they will have bought 25% of the entire supply. By that time im very certain that the price will give way to the pressure.

HOLD this coin!

Sorry for the bold I just really want to let it sink in proof of stake is far superior to proof of work! This coin can prove it!

Good stuff! 

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

No problem read the above quote. The pools hash rate is still great.

This isn't panda 26.0

[casper69]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

[greentea]

and with the new blackcoin atms being launched this summer as well as Tim Hortons jumping on board, this is gonna be HUGE

wheres the info on the blackcoin atms?

[Mk2vr6]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

I thought you lost all your BC?

[dzimbeck]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

Ok the wisdom is the multipool brings in 40BTC a day. That pressure gives investors like me confidence and it also creates pressure on btc ltc doge. I invested very early and I think it is insane to sell at this price. The people who sell clearly do not understand why its where it is in the first place. POS > POW

[casper69]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

I thought you lost all your BC?

i took a risk and bought back in for 80 usd yesterday. I got to excited by people hyping, and took a risk.

[DailyModo]

Is there somewhere the multipool shows the latest buys?

Or we just sit and and wait to see if it really buys with all the btc generated?

[coinpredator(return)]

Too many people think BC is only all about the multipool. We're actually making a big push for cryptos overall. The multipool is there to provide the foundation for all of it. When a coin raises 25 BTC in no amount of time for something that could push cryptos into our every day lives soon, and you ignore that, well, that's your loss.

And miners leaving are being silly. Those who left will all come back when we're at 50-90K again and be content getting 1/3-1/5th of the BC the could be mining today.

Mother of god, great price to buy, I never thought I'd see BC 16000 sats again, is really a bargain, seeing the BC potential that we have blackcoin gonna 200K in a few months, and this time it is going to there to stay. I'm closing for a real estate deal in these next days, and I gonna invest most of my money on BC, I hope the price will not rise much until next week. 16K is really cheap! Great time to buy !!!

" Soon China communist government gonna prohibit and close all fuck BTC, LTC and Alt exchange in few days, and when the news is confirmed, goodbye BTC, and Hello!!! Blackcoin will reign eternal, prepare to see in a few days BTC = U $ 300.00 or less. Blackcoin already proved to grow into crises of BTC, just wait few days and you will see the shit in BTC.  Blackcoin will grow again because does not have inflation, when china say some bad new again, BTC will crash, and it will be a bloodbath for BTC, LTC, DOGE, etc... but Blackcoin will skyrocket as you have never seen anything like, you can write it. Come to blackcoin while you can, or you'll regret it later."

Blackcoin is at the correct price at moment, do not worry because its realy cheap now ! It´s great price to Buy!!

[niothor]

I do not mean to sound like a troll, but I have seen this trend in many coins before. It usually means the death of a coin. At least preventing it from major rises in the future. It does not matter how many things the dev has in the pipeline if nobody is willing to invest. So how can we recover through this? I bought in at 25 sat so im still holding, but to scared this is a repeat of every other coin that has been pumped.

Coming from a newbie you have quit the experience.
Can you please give us a few examples of coins you have witnessed doing this?

Aur, MZC, UTC those are just the ones I have direct experience with. Not saying im right just giving an observation. Right now its looking grim. Not bashing mearly looking for a peice of wisdom to correct my illogical fear, if their is one.

Also, I saw you in the whitecoin thread don't tell me you think that coin has legitimacy?

Legitimacy has nothing in common with making something by trading the coin.
Believing is one , profiting is something else.

The examples you gave where some scams from the stars. I don't buy the "nation" coin thingy.

I saw BTC dropping even worse and is still there. Just like some coins are still alive after 3 years and almost nobody knows about them

[KryptoKings]

Too many people think BC is only all about the multipool. We're actually making a big push for cryptos overall. The multipool is there to provide the foundation for all of it. When a coin raises 25 BTC in no amount of time for something that could push cryptos into our every day lives soon, and you ignore that, well, that's your loss.

And miners leaving are being silly. Those who left will all come back when we're at 50-90K again and be content getting 1/3-1/5th of the BC the could be mining today.

You are right. The miners will return when the price is up and they get less coins cause of price, lol. This is the time now to mine and buy when the price is down. Then again this makes the difference between the true investors and the ones that always lose out on coins/money. I am buying more now then when it was above 50k.
If you told me last week BC doubles its price and stops then great. it is growing. 90k was not normal. It was fun but not normal.

[niothor]

Too many people think BC is only all about the multipool. We're actually making a big push for cryptos overall. The multipool is there to provide the foundation for all of it. When a coin raises 25 BTC in no amount of time for something that could push cryptos into our every day lives soon, and you ignore that, well, that's your loss.

And miners leaving are being silly. Those who left will all come back when we're at 50-90K again and be content getting 1/3-1/5th of the BC the could be mining today.

Mother of god, great price to buy, I never thought I'd see BC 16000 sats again, is really a bargain, seeing the BC potential that we have blackcoin gonna 200K in a few months, and this time it is going to there to stay. I'm closing for a real estate deal in these next days, and I gonna invest most of my money on BC, I hope the price will not rise much until next week. 17K is really cheap! Great time to buy !!!

" Soon China communist government gonna prohibit and close all fuck BTC, LTC and Alt exchange in few days, and when the news is confirmed, goodbye BTC, and Hello!!! Blackcoin will reign eternal, prepare to see in a few days BTC = U $ 300.00 or less. Blackcoin already proved to grow into crises of BTC, just wait few days and you will see the shit in BTC.  Blackcoin will grow again because does not have inflation, when china say some bad new again, BTC will crash, and it will be a bloodbath for BTC, LTC, DOGE, etc... but Blackcoin will skyrocket as you have never seen anything like, you can write it. Come to blackcoin while you can, or you'll regret it later."

Blackcoin is at the correct price at moment, do not worry because its realy cheap now ! It´s great price to Buy!!

China is not banning bitcoin!!!!!!!

Secondarily the moment that might happen , kiss the bc price goodbye.

[Labteck]

How it works the Blackpool payment?

[Subtuppel]

virtually no more trading on Mintpal.
wonder if that is good or bad right now.