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    Author Topic: [ANN] Blacknet BLN | Staking | Future of zApp & ZeFi  (Read 2511108 times)

    • YoyodyneSystems
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    April 15, 2014, 10:53:30 AM
     #17941
    The players on this coin are very very large.

    When they see Bitcoin go to 550+ they have to go sell it and then buy it back at 500.
    Then they bring it back to their Alts.
    Imagine 10% on 5,000 BTC. Now you can understand what happens.

    That is what you saw tonight.

    Notice BTC price spike matches BC drop??? There you go.

  • noerc
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    April 15, 2014, 10:54:40 AM
     #17942
    Quote from: paardenkip on April 15, 2014, 10:50:50 AM
    Quote from: noerc on April 15, 2014, 10:48:48 AM
    Quote from: paardenkip on April 15, 2014, 10:46:35 AM
    Quote from: noerc on April 15, 2014, 10:44:06 AM
    Quote from: paardenkip on April 15, 2014, 10:37:17 AM
    Quote from: noerc on April 15, 2014, 10:35:42 AM
    Quote from: paardenkip on April 15, 2014, 10:34:32 AM
    It was fun as long as it lasted. Took some nice profit!
    Looking for a new coin that will be hyped now. any ideas?

    I heard BlackCoin might be a good choice.

    Can faith be restored? En then hyped all over again?


    I remember a similar P&D (in smaller SAT ranges) around March 17th I think and you could really copy all the posts from that time here in the forum and paste them today without taking notice. Its always the same talk. Fact is you cannot determine the value of a coin through a candle stick graph, neither can you with any other trading tool that exists.

    Start reading about blackcoin, the developers and the projects and then you surely will decide to put your blackcoins down from the exchange into your (linux) wallet and to begin staking.

    I do like POS. I think it's the future of cryptocurrency. But 1% seems a little low IMO.

    This is totally intended. A too large interest rate in the early phase off a PoS encourages people to dump the coins they gain. 1% is fine for doing basically nothing but keeping the wallet open Wink

    Why would i want to dump a coin with a large interest rate. Not with you there. 1% makes my want to trade on exchanges.

    Because without additional demand their coins will devaluate over time through the large inflation.

  • pttinh
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    April 15, 2014, 10:56:43 AM
     #17943
    Is there any way to get total coin in network when use debugger?

  • YAdaminer
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    April 15, 2014, 10:57:41 AM
     #17944
    Quote from: YoyodyneSystems on April 15, 2014, 10:53:30 AM
    The players on this coin are very very large.

    When they see Bitcoin go to 550+ they have to go sell it and then buy it back at 500.
    Then they bring it back to their Alts.
    Imagine 10% on 5,000 BTC. Now you can understand what happens.

    That is what you saw tonight.

    Notice BTC price spike matches BC drop??? There you go.

    But daytrade gap on any altcoin is more than 10% so I don't think this is the reason for this dump. And even the huge whale in BC is not big player in BTC arena.

  • paardenkip
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    April 15, 2014, 10:57:54 AM
     #17945
    Quote from: noerc on April 15, 2014, 10:54:40 AM
    Quote from: paardenkip on April 15, 2014, 10:50:50 AM
    Quote from: noerc on April 15, 2014, 10:48:48 AM
    Quote from: paardenkip on April 15, 2014, 10:46:35 AM
    Quote from: noerc on April 15, 2014, 10:44:06 AM
    Quote from: paardenkip on April 15, 2014, 10:37:17 AM
    Quote from: noerc on April 15, 2014, 10:35:42 AM
    Quote from: paardenkip on April 15, 2014, 10:34:32 AM
    It was fun as long as it lasted. Took some nice profit!
    Looking for a new coin that will be hyped now. any ideas?

    I heard BlackCoin might be a good choice.

    Can faith be restored? En then hyped all over again?


    I remember a similar P&D (in smaller SAT ranges) around March 17th I think and you could really copy all the posts from that time here in the forum and paste them today without taking notice. Its always the same talk. Fact is you cannot determine the value of a coin through a candle stick graph, neither can you with any other trading tool that exists.

    Start reading about blackcoin, the developers and the projects and then you surely will decide to put your blackcoins down from the exchange into your (linux) wallet and to begin staking.

    I do like POS. I think it's the future of cryptocurrency. But 1% seems a little low IMO.

    This is totally intended. A too large interest rate in the early phase off a PoS encourages people to dump the coins they gain. 1% is fine for doing basically nothing but keeping the wallet open Wink

    Why would i want to dump a coin with a large interest rate. Not with you there. 1% makes my want to trade on exchanges.

    Because without additional demand their coins will devaluate over time through the large inflation.

    Still think a range between 8 ~ 20% makes people more likely to hold. just my 2 cents.

  • CatKiwi
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    April 15, 2014, 10:58:20 AM
     #17946
    Quote from: YoyodyneSystems on April 15, 2014, 10:53:30 AM
    The players on this coin are very very large.

    When they see Bitcoin go to 550+ they have to go sell it and then buy it back at 500.
    Then they bring it back to their Alts.

    That is what you saw tonight.

    Notice BTC price spike matches BC drop??? There you go.

    That's dead right - It's a win/win for them, because they sell their BC for BTC, sell the BTC, buy back when it drops, then buy up all the cheap coins fools can throw at them will making an increase in both Portfolio value and total number of Blackcoin. It's not rocket science - If you cannot understand that then you shouldn't be in this game. If you do understand that then you will be holding on the realization that at any point - just like yesterday - they could launch the coin back into orbit doubling its price and leaving those who sold at 32,000 and under feeling suitably robbed!

  • BitcoinStacker
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    April 15, 2014, 10:58:28 AM
     #17947
    Quote from: noerc on April 15, 2014, 10:35:42 AM
    Quote from: paardenkip on April 15, 2014, 10:34:32 AM
    It was fun as long as it lasted. Took some nice profit!
    Looking for a new coin that will be hyped now. any ideas?

    I heard BlackCoin might be a good choice.

    I am allin in Blackcoin & Blitzcoin BTCBTC

  • NoUseForACoin
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    April 15, 2014, 10:59:37 AM
     #17948
    Quote from: noerc on April 15, 2014, 10:44:06 AM
    Quote from: paardenkip on April 15, 2014, 10:37:17 AM
    Quote from: noerc on April 15, 2014, 10:35:42 AM
    Quote from: paardenkip on April 15, 2014, 10:34:32 AM
    It was fun as long as it lasted. Took some nice profit!
    Looking for a new coin that will be hyped now. any ideas?

    I heard BlackCoin might be a good choice.

    Can faith be restored? En then hyped all over again?


    I remember a similar P&D (in smaller SAT ranges) around March 17th I think and you could really copy all the posts from that time here in the forum and paste them today without taking notice. Its always the same talk. Fact is you cannot determine the value of a coin through a candle stick graph, neither can you with any other trading tool that exists.

    Start reading about blackcoin, the developers and the projects and then you surely will decide to put your blackcoins down from the exchange into your (linux) wallet and to begin staking.

    Indeed.. I'' even quote my reaction back then:
    -----------------------
    Got caught up in the moment... thought this one would be different.... Sad Hard lesson learned, still made 1 BTC profit... Got good position in SPA and suggest you guys do the same.....
    -------------------

    It never went back to 500.... BC did something amazing... and that is not just the increase in price..... BC is a serious player.. I have faith i two altcoins to actually have a shot and those are BC and ZET. It has nothing to do with inventing a new hashing algorithm... it's economics.... it needs to have RL value.... I want myself one of those BC-cards..... 100k we'll get there just not in 1 or 2 days....

  • UdjinM6
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    April 15, 2014, 11:00:27 AM
     #17949
    Quote from: pttinh on April 15, 2014, 10:56:43 AM
    Is there any way to get total coin in network when use debugger?
    console you mean?
    type "getinfo" , Enter, look for "moneysupply" : 74507099.99390225,
    DASH: XsV4GHVKGTjQFvwB7c6mYsGV3Mxf7iser6

  • heartastack
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    April 15, 2014, 11:02:38 AM
     #17950
    Interesting dynamic in this thread now.

    It's just the true believers and the true haters head to head. Just like early days. Feels awesome to have shaken out all the weak hands, and subsequently all the rubbish posts.

  • ski92
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    April 15, 2014, 11:07:04 AM
     #17951
    Holding till its worth 400k sat or 1 sat  Wink
    #Blackcoin Friday, once you go black......... Wink

  • edu91
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    April 15, 2014, 11:09:43 AM
     #17952


    Since when is this called a dump? To me its just another idiot leaving the market. Nothing to see here. Now lets go on to a few hundred k satoshi.

  • lonely@thetop
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    April 15, 2014, 11:10:49 AM
     #17953
    I remember the days when 5000 sat seemed like an impossible feat. People got delusional and greedy, we are steady where we were at barely 2 days ago and everyone is crying about end of the world. Let whales have their play in BTC market and they'll be back, 10k BTC day market is too big to ignore for the whales, they hunger for more and return.

  • toolatetoberich?
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    April 15, 2014, 11:13:20 AM
     #17954
    Quote from: hiddensphinx on April 15, 2014, 09:45:33 AM
    Just discovered a HUGE WHALE on MINTPAL!!!!


    has 1 Million in his WALLET!!!







    Quote from: CatKiwi on April 15, 2014, 10:28:59 AM
    Us and Faircoin are two of the only coins in the red and HARD in the red. It's complete and utter bull shit and all of you who sold deserve to get burned when the whales decide they have got enough of your coins for a third the price they were going at this morning. They are not stupid - they know that if they take it too low then they NEVER make anything on the coin they hold so many of because people will just give up. They have set the floor at 3100 and will push the price up from there. To make money they have to keep the market enticing -Therefore it MUST rebound and rebound hard and fast with a vengeance.

    What good are 976,000 Blackcoin if you have elimnated all the people from the market who are prepared to buy them? Think about that.


    I wonder how much of his 1 mil he sold and how much of an effect that alone is having on the current price drop, the guy still has 1/75 of all blackcoins for gods sake. Everything about that retarded sell order means hes prob a hot pocket eating moms basement dweller, so to those who think this, or any, whale is "smart enough" not to dump all his coins and bottom out the price may want to rethink the thought process of someone who keeps 250k on mintpal in a POS crypto. Just sayin.
    BTC:  1HBoEYQxVBxzZUq42zkFzCYS1656yGTSCp

  • matek
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    April 15, 2014, 11:16:57 AM
     #17955
    First of all hello guys. thanks Iconic and the other devs and PR guys for great work Smiley

    Quote from: lonely@thetop on April 15, 2014, 11:10:49 AM
    I remember the days when 5000 sat seemed like an impossible feat. People got delusional and greedy, we are steady where we were at barely 2 days ago and everyone is crying about end of the world. Let whales have their play in BTC market and they'll be back, 10k BTC day market is too big to ignore for the whales, they hunger for more and return.
    +1

    I don't care if it drops to 10k or 5k, because I know it will go up. Sooner or later, why? because Blackcoin it's the revolution and nothing can change that.

  • VladMaster
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    April 15, 2014, 11:18:14 AM
     #17956
    I did not sell anything and Im not going to. I always bet on black.

    But I regret that I didnt sold at 90 and bought back now. Imo its not going to be lower than 30k, maybe for a while.

    Comunnity here is absoluttly great,and I know that we going reach our goal of 1$ and even more soon Cheesy

  • DailyModo
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    April 15, 2014, 11:18:37 AM
     #17957
    Quote from: toolatetoberich? on April 15, 2014, 11:13:20 AM
    Quote from: hiddensphinx on April 15, 2014, 09:45:33 AM
    Just discovered a HUGE WHALE on MINTPAL!!!!


    has 1 Million in his WALLET!!!







    Quote from: CatKiwi on April 15, 2014, 10:28:59 AM
    Us and Faircoin are two of the only coins in the red and HARD in the red. It's complete and utter bull shit and all of you who sold deserve to get burned when the whales decide they have got enough of your coins for a third the price they were going at this morning. They are not stupid - they know that if they take it too low then they NEVER make anything on the coin they hold so many of because people will just give up. They have set the floor at 3100 and will push the price up from there. To make money they have to keep the market enticing -Therefore it MUST rebound and rebound hard and fast with a vengeance.

    What good are 976,000 Blackcoin if you have elimnated all the people from the market who are prepared to buy them? Think about that.


    I wonder how much of his 1 mil he sold and how much of an effect that alone is having on the current price drop, the guy still has 1/75 of all blackcoins for gods sake. Everything about that retarded sell order means hes prob a hot pocket eating moms basement dweller, so to those who think this, or any, whale is "smart enough" not to dump all his coins and bottom out the price may want to rethink the thought process of someone who keeps 250k on mintpal in a POS crypto. Just sayin.

    If this one fails , this proves its all due to the distribution.

    a couple of people here stated to have 1M and not to be dumpers, thats definitly one of them.
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  • buy-black
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    April 15, 2014, 11:19:09 AM
     #17958
    As I said before this market is being manipulated. Do not allow people to play the market with your coins.  Please remove your coins from the market and send them to your wallet.  I believe that massive shorting is taking place behind the table.
    BC + XC + DRK

  • heartastack
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    April 15, 2014, 11:22:06 AM
     #17959
    Maybe he is really just a big fat bastard whale who got left behind in the dump and doesn't even know how to trade. Like... dumb blonde miner whale desperate for profit? Who knows...

  • DailyModo
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    April 15, 2014, 11:23:37 AM
     #17960
    Quote from: heartastack on April 15, 2014, 11:22:06 AM
    Maybe he is really just a big fat bastard whale who got left behind in the dump and doesn't even know how to trade. Like... dumb blonde miner whale desperate for profit? Who knows...

    giving out  1M to some dumb kid thats the mistake.
    Betting on esports with crypto's and steam items has never been easier.
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