paulchester



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NewbieActivity: 5Merit: 0 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:25:42 AM #16606 Quote from: zeta93 on April 14, 2014, 10:59:36 AM Quote from: zeded on April 14, 2014, 09:45:33 AM http://1.bp.blogspot.com/-iG07szLwPTM/UbwIj0xfFOI/AAAAAAAAUvc/imNcluMMdA0/s1600/burst+bubble+moving+gif.gif





It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin.



There's nothing special about Blackcoin at all and here are the reasons



- Faster Transaction speeds ~ a lot of alternate coins can claim this too

- Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages

- Bitclone (the client is a reskin of BTC)

- Distribution. Top 100 wallets own the majority of Blackcoin.

- Novelty merchandise





I know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.



Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.



I think it will reach its peak this weekend and crash slowly in 2-3 weeks after that, but it will still be over 3mil in marketcap.

It's a pump and dump. A month and a half ago the pump of the month was Mintcoin and Vertcoin.There's nothing special about Blackcoin at all and here are the reasons- Faster Transaction speeds ~ a lot of alternate coins can claim this too- Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages- Bitclone (the client is a reskin of BTC)- Distribution. Top 100 wallets own the majority of Blackcoin.- Novelty merchandiseI know the Bagholders and Whales will say I am a naysayer but there's absolutely nothing here to push Blackcoin into the $100+ million capitalization and let alone to keep it there.Litecoin was a fluke, in part due to the dumb funds who missed out on BTC and threw money on LTC, and it's not likely to be repeated since those funds have since learned their lesson and realize they sit on worthless LTC coins.I think it will reach its peak this weekend and crash slowly in 2-3 weeks after that, but it will still be over 3mil in marketcap.

I have been lurking on this thread but because of your post I just had the register to reply.



- Faster Transaction speeds ~ a lot of alternate coins can claim this too

maybe not a unique feature but a really good one which the top coins (bitcoin, litecoin, etc) don't have



- Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for ages

pure PoS again the top coins don't have them



- Bitclone (the client is a reskin of BTC)

like most other coins, bitcoin is open source so why spend time and money making a different wallet when there is already one you can use and it does everything you need?



- Distribution. Top 100 wallets own the majority of Blackcoin.

thats not because it was pre mined and shared with a select few people, its because blackcoin started out small and only a small number of people saw the potential so are holding onto their coins, why would they sell when the price is ever increasing?



- Novelty merchandise

ok, not sure where you got this from, its on coinkite and coinpayments.net so lots of people maybe without knowing already do accept BC, you can even buy gold with it and I don't really think gold is "Novelty merchandise".



what makes this great is the multipool, the multipool isn't just for people who know about blackcoin to get it, it is also for people who want to make the most money out of their miners as it offers the best rate per MH, the pool is getting more people interested in blackcoin



another thing which blackcoin has going for it is the great community and all the support. there are giveaways at the pool and more and more people each day try to make blackcoin the best by spreading the word and wanting it to succeed.



There are always a lot of pump and dumps (main on the weekends) but guess what? that just gives blackcoin even more attention because it survives them and after each pump and dump the price per BC is always higher than before the pump so its always going up and the content buying by the multi pool always helps that go up (over 50btc a day) I have been lurking on this thread but because of your post I just had the register to reply.- Faster Transaction speeds ~ a lot of alternate coins can claim this toomaybe not a unique feature but a really good one which the top coins (bitcoin, litecoin, etc) don't have- Proof of Stake. Old mechanism ~ Peercoin, NxT and other coins have had this for agespure PoS again the top coins don't have them- Bitclone (the client is a reskin of BTC)like most other coins, bitcoin is open source so why spend time and money making a different wallet when there is already one you can use and it does everything you need?- Distribution. Top 100 wallets own the majority of Blackcoin.thats not because it was pre mined and shared with a select few people, its because blackcoin started out small and only a small number of people saw the potential so are holding onto their coins, why would they sell when the price is ever increasing?- Novelty merchandiseok, not sure where you got this from, its on coinkite and coinpayments.net so lots of people maybe without knowing already do accept BC, you can even buy gold with it and I don't really think gold is "Novelty merchandise".what makes this great is the multipool, the multipool isn't just for people who know about blackcoin to get it, it is also for people who want to make the most money out of their miners as it offers the best rate per MH, the pool is getting more people interested in blackcoin http://poolpicker.eu another thing which blackcoin has going for it is the great community and all the support. there are giveaways at the pool and more and more people each day try to make blackcoin the best by spreading the word and wanting it to succeed.There are always a lot of pump and dumps (main on the weekends) but guess what? that just gives blackcoin even more attention because it survives them and after each pump and dump the price per BC is always higher than before the pump so its always going up and the content buying by the multi pool always helps that go up (over 50btc a day)

Jilixi



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Full MemberActivity: 196Merit: 100 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:27:31 AM #16609 Quote from: Jilixi on April 10, 2014, 09:46:25 PM BlackCoin Store is now live!



Blackcoinstore.com



We want to offer customers a smooth and easy buyer experience. By offering a well sorted and easy to find items that you need!



We would also like to point out that whatever the community comes up with that they would like to sell to a bigger crowd BlackCoin Store is the place to go. We will resell your product for you without any fees.



BlackCoin Store is a non-profit website, meaning the owner (ME) doesnt take any profits into my own pocket, everything goes back to the website or the BlackCoin Foundation. Regarding the BlackCoin Foundation a fixed percent TBD the comming week of the profits will always go to the foundation. Special marked products will benefit the Foundation even more, more information on that later.



We have limited products up right now but more can be expected the comming 3-4 days.



We are still in development, you might see some pages being updated on the fly.





There are some Bounties for those creative out there, they can be found



Sign up on the website and remember to check for the newsletter for awesome updates on the store

Also follow us on twitter:



Thank you and Welcome to BlackCoin Store We want to offer customers a smooth and easy buyer experience. By offering a well sorted and easy to find items that you need!We would also like to point out that whatever the community comes up with that they would like to sell to a bigger crowd BlackCoin Store is the place to go. We will resell your product for you without any fees.BlackCoin Store is a non-profit website, meaning the owner (ME) doesnt take any profits into my own pocket, everything goes back to the website or the BlackCoin Foundation. Regarding the BlackCoin Foundation a fixed percent TBD the comming week of the profits will always go to the foundation. Special marked products will benefit the Foundation even more, more information on that later.We have limited products up right now but more can be expected the comming 3-4 days.We are still in development, you might see some pages being updated on the fly.There are some Bounties for those creative out there, they can be found HERE! follow the instructions on the page.Sign up on the website and remember to check for the newsletter for awesome updates on the storeAlso follow us on twitter: BlackCoinStore Thank you and Welcome to BlackCoin Store

CONTEST!!



I have decided to make a contest!, For every member the site gets I will add 5 BC to a jackpot that will be split (at random) between members.

So 100 members - 500 BC, 1000 members - 5000 BC and so on. If we reach 100 members, 2 people will split the pot of 500,

for every 100 more members I will add another two people to the Jackpot split.



So

100 memb (500BC) - 2 x 250

200 memb (1000BC) - 4 x 250

etc

etc



The more that signup, the more people will win!



Contest Runs until Friday 18th April 2014



Winners will be announced by BC Address here



Tweet, Post in forums, talk to Friends etc etc

Fake accounts will be instantly removed without notice.



Made an edit to the KNC Group Buy read the description for a detailed explanation. Amount of Shares have been changed from 200 -> 100



We need some designs for T-shirts, Pens, Hats, Keychains etc send your thoughts and images on products you would like to see and we will reward you! (Use the Contact us link at the bottom of the website)

Looking for someone with Photoshop skills - reward will be given for various work!!



Donations are very welcome!



\/\/\/ Made an edit to the KNC Group Buy read the description for a detailed explanation. Amount of Shares have been changed from 200 -> 100We need some designs for T-shirts, Pens, Hats, Keychains etc send your thoughts and images on products you would like to see and we will reward you! (Use the Contact us link at the bottom of the website)Looking for someone with Photoshop skills - reward will be given for various work!!

BC: BNatbck1SDJebHRMQemkUEFPVZR9uLHLrM

BTC: 161EcdmbgmxpZMk2ssZCjGQqB6gypduu97 Owner of BlackCoin Store - BlackCoin Store BC: BNatbck1SDJebHRMQemkUEFPVZR9uLHLrMBTC: 161EcdmbgmxpZMk2ssZCjGQqB6gypduu97

jc12345



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LegendaryActivity: 1540Merit: 1005 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:29:54 AM #16610 The only thing is that unless I understand PoS incorrectly, that your coins have to be in your wallet at the address it was sent to. If you connect the loaded wallet online and leave it there, the network registers your balance and staking starts. While you leave the loaded wallet online then you get Interest yearly compounded daily, meaning that 1/365 of the yearly interest get added to your balance today and tomorrow's 1/365 of the yearly rate gets calculated on today's balance plus the fraction of interest added to your wallet today. If you take your loaded wallet offline and lets say bring it online once a year you still get interest but on that day meaning you lost the interest on interest if you left the loaded wallet online. If you move your coins offline to another address then the staking stops and you get no interest.



The suggested security principles seem work against the principle of PoS or am I wrong? Lets assume everyone becomes security conscious and move their coins offline and leave empty wallets online. How will staking and decentralised processing work in such a case?

Shizof



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MemberActivity: 61Merit: 10 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:33:34 AM #16612 Quote from: jc12345 on April 14, 2014, 11:29:54 AM The only thing is that unless I understand PoS incorrectly, that your coins have to be in your wallet at the address it was sent to. If you connect the loaded wallet online and leave it there, the network registers your balance and staking starts. While you leave the loaded wallet online then you get Interest yearly compounded daily, meaning that 1/365 of the yearly interest get added to your balance today and tomorrow's 1/365 of the yearly rate gets calculated on today's balance plus the fraction of interest added to your wallet today. If you take your loaded wallet offline and lets say bring it online once a year you still get interest but on that day meaning you lost the interest on interest if you left the loaded wallet online. If you move your coins offline to another address then the staking stops and you get no interest.



The suggested security principles seem work against the principle of PoS or am I wrong? Lets assume everyone becomes security conscious and move their coins offline and leave empty wallets online. How will staking and decentralised processing work in such a case?



Yes it's bad for the network. But until they make a more secure wallet system, there is no other alternative than cold storing your coins. Yes it's bad for the network. But until they make a more secure wallet system, there is no other alternative than cold storing your coins.

nanard



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MemberActivity: 80Merit: 10 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:36:07 AM #16614 Quote from: niothor on April 14, 2014, 11:26:42 AM Quote from: Kergekoin on April 14, 2014, 11:21:10 AM

No one knows the balance of wallets. You can only know the balance of adresses on the blockchain.

Try to understand. Blackcoin uses Zerocoin implementation and coin control features. One wallet can simply have hundreds of incoming addresses and there is no way to track wallets.



What your saying for wallets address is for all the coins out there so no major difference



What I was looking for was the link in the op (missed it ).



http://coinia.net/blackcoin/getbalance.php?top=100



What your saying for wallets address is for all the coins out there so no major differenceWhat I was looking for was the link in the op (missed it ).

Exactly. As a reminder (for all kind of crypto-currencies) :

For each public address (the one where you receive coins) there is one private key (the one you need to use the coins of the address, i.e. send coins to another address).

A wallet is just, to simplify, a set of (public address, private key) couples contained in a file usually named wallet.dat



When you encrypt your wallet, you are in fact encrypting the wallet.dat file.



You can securely store your private keys on a paper (supposing that nobody can access this paper of course) then destroy the wallet.dat file.

To see the private key of a public address, use the command : dumpprivatekey.

To import a private key to a wallet, use the command : importprivkey



Private key is all : if I know it then the coins of the address are mine.

Exactly. As a reminder (for all kind of crypto-currencies) :For each public address (the one where you receive coins) there is one private key (the one you need to use the coins of the address, i.e. send coins to another address).A wallet is just, to simplify, a set of (public address, private key) couples contained in a file usually named wallet.datWhen you encrypt your wallet, you are in fact encrypting the wallet.dat file.You can securely store your private keys on a paper (supposing that nobody can access this paper of course) then destroy the wallet.dat file.To see the private key of a public address, use the command : dumpprivatekey.To import a private key to a wallet, use the command : importprivkey

heartastack



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Hero MemberActivity: 714Merit: 500 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:36:58 AM #16615 )



I mean seriously... those 200BTC trades would have torn other coins apart. BC continues to rip right through the middle like nothing happened. I could teach bubbles the chimp to make money from this Has anyone seen such a beautiful consolidation (again!). This is another accumulation phase before a pop. Best time to get in. This is text-book I'm sure the pro traders here can't believe their eyes and luck. This is a once in a lifetime opportunity to witness such beauty (unless you already participated in bitcoin and litecoin from the startsI mean seriously... those 200BTC trades would have torn other coins apart. BC continues to rip right through the middle like nothing happened. I could teach bubbles the chimp to make money from this

XbladeX



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LegendaryActivity: 1232Merit: 1001 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 14, 2014, 11:52:14 AM #16616 Quote from: heartastack on April 14, 2014, 11:36:58 AM )



I mean seriously... those 200BTC trades would have torn other coins apart. BC continues to rip right through the middle like nothing happened. I could teach bubbles the chimp to make money from this

Has anyone seen such a beautiful consolidation (again!). This is another accumulation phase before a pop. Best time to get in. This is text-book I'm sure the pro traders here can't believe their eyes and luck. This is a once in a lifetime opportunity to witness such beauty (unless you already participated in bitcoin and litecoin from the startsI mean seriously... those 200BTC trades would have torn other coins apart. BC continues to rip right through the middle like nothing happened. I could teach bubbles the chimp to make money from this

1st - 3500

2nd - 5000

3rd - 9000

4th - 15000

5th - 30000

6th - 55000

.....



Do you see pattern ...

anyway bubble just can't rebuild like BC is doing all time...

For me coin under 1$ is still undervaluated comparing to Vertcoin,Litecoin and others.

The best of all you can sell BC only once ^^ sometimes with luck you will buy cheaper. Many claim bubble when it was:1st - 35002nd - 50003rd - 90004th - 150005th - 300006th - 55000.....Do you see pattern...anyway bubble just can't rebuild like BC is doing all time...For me coin under 1$ is still undervaluated comparing to Vertcoin,Litecoin and others.The best of all you can sell BC only once ^^ sometimes with luck you will buy cheaper.