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oblox



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Activity: 1372

Merit: 1018







LegendaryActivity: 1372Merit: 1018 Re: [ANN] BlackCoin (BC) | PoS | No premine | No IPO April 23, 2014, 04:19:59 AM #22789 Quote from: svojoe on April 23, 2014, 04:08:23 AM There are ways to make the super-buy easy to handle,



Gen1 could be a simple google doc, with locked fields and we all agree to put in .1 btc or something, and we input our Transaction ID proving we submitted.



Then the whole doc is locked, the 'whale hunt' commences and goes on until the BTC is exhausted. Then the total BC in the wallet is disbursed evenly.



Wash, rinse repeat.



Maybe do a high-roller, with 1BTC buy in, then another much smaller. OR even better use a website track and and let anyone send any amount they can. This would be ideal.









It's a fantastic idea, especially if it isn't known when the strike will happen. What foolish trader would risk flipping his/her coins to try to rebuy lower if those coins are being taken down and dispersed to longs? If it was announced in advance, potential walls would be pulled so the ideal situation would be a fund set aside to surprise buy. And before anyone says removing walls would be considered a victory, actually removing those coins from the traders capitalizing on the volatility would be the win. At the end of the day, there are only so many coins floating around. Without large walls in the way, anyone looking at purchasing a substantial amount of coins would inevitably end up driving the price up. Simple supply and demand. It's a fantastic idea, especially if it isn't known when the strike will happen. What foolish trader would risk flipping his/her coins to try to rebuy lower if those coins are being taken down and dispersed to longs? If it was announced in advance, potential walls would be pulled so the ideal situation would be a fund set aside to surprise buy. And before anyone says removing walls would be considered a victory, actually removing those coins from the traders capitalizing on the volatility would be the win. At the end of the day, there are only so many coins floating around. Without large walls in the way, anyone looking at purchasing a substantial amount of coins would inevitably end up driving the price up. Simple supply and demand.