Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it. vertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertised sites are not endorsed by the BitcoinForum.They may beunsafe, untrustworthy,or illegal in your jurisdiction. Advertise here.

Vann



Offline



Activity: 728

Merit: 589







Hero MemberActivity: 728Merit: 589 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 13, 2014, 12:59:33 PM

Last edit: April 13, 2014, 01:12:47 PM by Vann #15810 Quote from: mr_random on April 13, 2014, 12:10:34 PM Quote from: bitbulvar on April 13, 2014, 11:44:30 AM This tells everything, only 1 Million market cap with almost 300k volume.

Now we can define what cheap means, Faircoin for this price!



Blah blah blah shilling rubbish



FAC is 100% premined you noob. Let me spell that out to you, that means the person who created FAC owned every single FAC that ever existed. He then gave it out to people using a method that can't be checked. Compare this with Blackcoin that uses the global consensus of the blockchain that anyone can independently verify and proof of work mining as a way of FAIRLY distributing the coin in a manner which cannot be GAMED.



Fair coin is actually one of the LEAST fair coins out there. We might as well go back to the government printing out money and giving it out to people randomly.



Lets compare the two methods of distribution that unfaircoin and Blackcoin used



1. A single person holding all the money and giving it out to people using a method that can be gamed and involves TRUSTING that person



2. People using mathematics (mining) and the blockchain, to distribute the coins out in a way that cannot be gained, which is decentralised and involves zero trust.



The irony is Faircoin is actually the LEAST fair coin out of most of the coins on here. Unfortunately a lot of people just buy coins based on a pump and don't do their research and get burned. Reason: premined coins by the dev NEVER go far in this community. Look at MINT to see what I am talking about, it's almost identical to Blackcoin and yet it's daily trading volume is pathetically small, and they both launched around the same time. Pre-mined coins get the worst reputation.



It's likely the Faircoin developer has an absurdly large percentage of the coins. You can see the proof that a single person holds a lot of the coins because how little trading volume it's taken to pump up unfaircoins price. It took Blackcoin weeks of trading 500BTC a day to get up that high, compared to 2-3 days for Faircoin. Buy unfaircoin, make the developer rich and pray he doesnt dump.





FAC is 100% premined you noob. Let me spell that out to you, that means the person who created FAC owned every single FAC that ever existed.using a method that can't be checked. Compare this with Blackcoin that uses the global consensus of the blockchain thatFair coin is actually one of the LEAST fair coins out there. We might as well go back to the government printing out money and giving it out to people randomly.Lets compare the two methods of distribution that unfaircoin and Blackcoin used1. A single person holding all the money and giving it out to people using a method that can be gamed and involves TRUSTING that person2. People using mathematics (mining) and the blockchain, to distribute the coins out in a way that cannot be gained, which is decentralised and involves zero trust.The irony is Faircoin is actually the LEAST fair coin out of most of the coins on here. Unfortunately a lot of people just buy coins based on a pump and don't do their research and get burned. Reason: premined coins by the dev NEVER go far in this community. Look at MINT to see what I am talking about, it's almost identical to Blackcoin and yet it's daily trading volume is pathetically small, and they both launched around the same time. Pre-mined coins get the worst reputation.It's likely the Faircoin developer has an absurdly large percentage of the coins. You can see the proof that a single person holds a lot of the coins because how little trading volume it's taken to pump up unfaircoins price. It took Blackcoin weeks of trading 500BTC a day to get up that high, compared to 2-3 days for Faircoin. Buy unfaircoin, make the developer rich and pray he doesnt dump.

I don't think MINT and BC are similar at all. In fact the only thing they share in common is they are both PoW/PoS coins, otherwise they are completely different:



-MINT 1% Premine vs BC 0% Premine

-MINT total 70B coins vs BC 75M total coins

-MINT 5 week PoW stage vs BC 1 week

-MINT random 100000 to 900000 coin block reward decreasing weekly vs BC fixed 10,000 coin block reward

-MINT 20% PoS decreasing yearly until 5% vs BC fixed 1% PoS

-MINT 20 day stake vs BC 8 hour stake



I see the problem with MINT as the initial 20% PoS is inflationary on an already inflated total supply, which encourages large holders of MINT to dump the 'free' coins suppressing the market price.

I don't think MINT and BC are similar at all. In fact the only thing they share in common is they are both PoW/PoS coins, otherwise they are completely different:-MINT 1% Premine vs BC 0% Premine-MINT total 70B coins vs BC 75M total coins-MINT 5 week PoW stage vs BC 1 week-MINT random 100000 to 900000 coin block reward decreasing weekly vs BC fixed 10,000 coin block reward-MINT 20% PoS decreasing yearly until 5% vs BC fixed 1% PoS-MINT 20 day stake vs BC 8 hour stakeI see the problem with MINT as the initial 20% PoS is inflationary on an already inflated total supply, which encourages large holders of MINT to dump the 'free' coins suppressing the market price.

XbladeX



Offline



Activity: 1232

Merit: 1001









LegendaryActivity: 1232Merit: 1001 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 13, 2014, 12:59:56 PM #15811 Quote from: Jreche on April 13, 2014, 12:34:55 PM Quote from: bitbulvar on April 13, 2014, 11:44:30 AM

Now we can define what cheap means, Faircoin for this price!



If we assume the 'average' trading price was 2000 Satoshi for Faircoin from the start,

and who sold didn't buy in again then and more than 1000 bitcoin volume happend.

0.00002000 * 45 000 000 - 900 Bitcoin



It means from the 50 Million total coin 45 million now is in new hands.

It is obviously not the case, because many of you selling and buying all the time so the numbers should be different, but it

shows a nice path, the early original investors who cashed out below 10k satoshi for buying icecream for themself.

Now its the second early investor phrase, the investors now want to buy rolex instead of icecream.



Blackcoin community pls don't blame te Faircoin thread, and Faircoin community don't blame te Blackcoin thread, both are good coins,

some think Blackcoin was instamined at PoW, some thinks Faircoin wasn't fair enough. This silly thing, both are great.



And both have very low inflation ratio, this gives the investors an increadible stable wealth storage, both have rare number of coins,

BC only 74 million atm and Fair only 50 million.



Blackcoin and Faircoin are like brothers, many of my friend who made a nice sum of money with Blackcoin are now investing in Faircoin.



Remember:

A wise investor never retire, just looking for new opportunity.



My advice:

Blackcoin community sell some Blackcoin and buy some Faircoin, Faircoin community sell some Faircoin and buy into Blackcoin.







This tells everything, only 1 Million market cap with almost 300k volume.Now we can define what cheap means, Faircoin for this price!If we assume the 'average' trading price was 2000 Satoshi for Faircoin from the start,and who sold didn't buy in again then and more than 1000 bitcoin volume happend.0.00002000 * 45 000 000 - 900 BitcoinIt is obviously not the case, because many of you selling and buying all the time so the numbers should be different, but itshows a nice path, the early original investors who cashed out below 10k satoshi for buying icecream for themself.Now its the second early investor phrase, the investors now want to buy rolex instead of icecream.Blackcoin community pls don't blame te Faircoin thread, and Faircoin community don't blame te Blackcoin thread, both are good coins,some think Blackcoin was instamined at PoW, some thinks Faircoin wasn't fair enough. This silly thing, both are great.And both have very low inflation ratio, this gives the investors an increadible stable wealth storage, both have rare number of coins,BC only 74 million atm and Fair only 50 million.Remember:My advice:

i think about it

i think about it

100% premine vs 0% premine

1% inflation vs 6%...

being 1st BC is big plus (Multipool,and other stuff)

Fair is just following BC for those who thinks that they miss BC train but there is something more about that i wont swap my fair BC for premined Fair coins better i would invest in Mint seriously.

I have tried get some fair and i can tell thar wasn't so fair like it should ip was blocked and some people make bots to take "faircoin"

i don't want argue about that there is no point.

Oportunity for fair for me is gone whlie BC havereal peole backup real great dev and creative comunity



anyway people are looking for next BC train but should be wary is like AUR and other country coins

Like Doge and other bilion coin clones (PANDA.PND,Flappy,Cat,Moon..)...

Just not all can be next LTC,DOGE,BC... care with that missed trains.

1st with stable position is always usually stronger in long therm.



Anyway i wont never swap my BC for Fair people are smarter now then in december 2014 they do not jump in any train

if you look at BC price 0.1$ this is real cheap for me i think 5$ per each it can be fair in future and should go up up with more adoptation and development there is big room for it 0% premine show that is possible for coin to be big and you don't need premine at all for that reason BC is real BIG coin and is realy hard to copy it to copy that success without premine...



I am very happy with Blackcoin how it goes what is going arroud it.

Fair price jump is just reflect BC success and people wanted jump in some train "BC"

but arround BC are those events like Blackfriday,Mutipull,Blackcoincreaditcard...and more. this is allways about something like that100% premine vs 0% premine1% inflation vs 6%...being 1st BC is big plus (Multipool,and other stuff)Fair is just following BC for those who thinks that they miss BC train but there is something more about that i wont swap my fair BC for premined Fair coins better i would invest in Mint seriously.I have tried get some fair and i can tell thar wasn't so fair like it should ip was blocked and some people make bots to take "faircoin"i don't want argue about that there is no point.Oportunity for fair for me is gone whlie BC havereal peole backup real great dev and creative comunityanyway people are looking for next BC train but should be wary is like AUR and other country coinsLike Doge and other bilion coin clones (PANDA.PND,Flappy,Cat,Moon..)...Just not all can be next LTC,DOGE,BC... care with that missed trains.1st with stable position is always usually stronger in long therm.Anyway i wont never swap my BC for Fairpeople are smarter now then in december 2014 they do not jump in any trainif you look at BC price 0.1$ this is real cheap for me i think 5$ per each it can be fair in future and should go up up with more adoptation and developmentthere is big room for it 0% premine show that is possible for coin to be big and you don't need premine at all for that reason BC is real BIG coin and is realy hard to copy it to copy that success without premine...I am very happy with Blackcoin how it goes what is going arroud it.Fair price jump is just reflect BC success and people wanted jump in some train "BC"but arround BC are those events like Blackfriday,Mutipull,Blackcoincreaditcard...and more.

IconicExpert



Offline



Activity: 196

Merit: 100







Full MemberActivity: 196Merit: 100 Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 13, 2014, 01:04:52 PM #15813 Some Advice



There are questions being asked if it the right time to buy. Others are asking if they should sell. Buy now because these prices are still cheap, and do not sell because the prices will get much higher!!! This is just the beginning of the climb. BC is NOT going to be dumped as other coins have in the past. This is not the kind of coin you sell off for cheap, we have proven that. Also, some of you thought Blackout Wednesday was over hyped and a bust, and today days after our successful promotion we are trading at 0.12 a coin!!! Last week was just the beginning!!! We have something coming very soon that will make last week seem boring. So do not make the mistake of selling like you did before 10,000 sat or you will be kicking yourself you didn't listen.

PeterPalmBeach



Offline



Activity: 336

Merit: 250





SellALL, BuyBTC







Sr. MemberActivity: 336Merit: 250SellALL, BuyBTC Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine April 13, 2014, 01:07:23 PM #15814 Quote from: IconicExpert on April 13, 2014, 01:04:52 PM Some Advice



There are questions being asked if it the right time to buy. Others are asking if they should sell. Buy now because these prices are still cheap, and do not sell because the prices will get much higher!!! This is just the beginning of the climb. BC is NOT going to be dumped as other coins have in the past. This is not the kind of coin you sell off for cheap, we have proven that. Also, some of you thought Blackout Wednesday was over hyped and a bust, and today days after our successful promotion we are trading at 0.12 a coin!!! Last week was just the beginning!!! We have something coming very soon that will make last week seem boring. So do not make the mistake of selling like you did before 10,000 sat or you will be kicking yourself you didn't listen.



Here we go again. Go Iconic ! Here we go again. Go Iconic !