Is technical innovation and a slick looking and profitable pool enough to succeed? NO!
Even if there weren't a literal sea of copies, clones, scams, etc... with more being launched every week - we have to also understand that BlackCoin is what it is... and that is a copy of previous work which has been (and currently is as rat4's post indicates) being developed into much more than just another altcoin cloned from BTC (or more accurately an amalgamation of BTC and NovaCoin with some adjustments).
We do not always agree, but I agree with you 100% here. I have been saying this for several weeks. Too much focus is on the multi-pool, and very little attention is being spent on PR. Some people assumed the multi-pool would be the shield that keeps BC price stable, and that is been proven to be false. So instead of certain individuals trying a different approach, instead they double down on the idea of the multi-pool. I think we need to pursue as many avenues as we can. We do not need to wait for the "core" group to make decisions. I have people that send me PMs with impressive backgrounds and resumes, but they do not want to come forward because they do not believe in the core group. Over the next few days and weeks you will see some talented people start to bring new ideas to the table.
"If you do what you have always done, you will get what you have always gotten...."
the multipool's failure is a direct result of poor profitability. regardless of multipool comparisons.. i am able to do .01+ btc per mh mining other coins and buying bc manually. this blows out any multipool's profitability currently. so u have to ask yourself, why would i mine a multipool when i can gather more investment power myself.
this has to do with the fact that where multipools go, coins are dumped.. significantly lowering the profitability to mining time because of the multipool's heartless abuse of the chosen coin to mine on their buy order book. i message soepkip/iconic about my concern regarding thisa couple weeks ago i think it was and was assured that measures would be put in place to mitigate it.
but now we have a further problem. as many know crypto is a flowing, moving and changing game. you have to calculate every day and sometimes 4-5 times a day. running a multipool efficiently is hard work. it means calculating and searching for the highest profitability option all day.. searching the markets. im pretty sure the multipool doesnt do this and is as a result re-active to profitable coins rather than pro-active.
i recommend some upgrades for the multipool and more prizes. noone cares about knc miner because they wont win. i believe that will be the general consensus of most miners.. especially small time.
1. give users the ability to stipulate their bid price on the bc orderbook through their account
2. also give them the option to hold certain coins the multipool mines (good coin expected to rise in a couple days will increase individual profitability and investment in bc)
3. multipool owners must keep up to date on new currencies with good potential and investment backing so that they can be added as option in the multipool asap upon being added to an exchange.
i disagree with most here on the power of the multipool. i believe that attracting investors to invest via the multipool is the surest way of gaining investors who will hold for more than a rise from 27k to 30k before they dump/downtrade the margin. i think it is in this communities best interest to make use of the multipool as attractive as possible.. and then make it more attractive. this is our baby.. and i dont think we should give up pioneering further usefulness out of it.
im all for PR on the coin. but maybe we can catch 2 birds with one stone by doing some pr on the multipool. ill voice my opinion once more, that i think multiple cheaper prizes will give hope to many more miners entering and increase the probability in their minds that they might actually win something. think about $10k in prizes given via multipool to loyal miners. this will encourage users never to leave the multipool.
good luck with the wallstreet bid. im not sure how the professionals there would take it. but this whole campaign may have worked alot better if there were already blackcoin atms around so ppl can go buy some blackcoin to put on their empty wallet gifts they just got. meh, i can go on. but i feel like noone listens to me on here and just overlook my posts.. whatever.
I agree whole heartedly, and I want to make it abundantly clear that although I support and desire there to be as much marketing and PR as possible, I feel the pool being up, fully transparent, and optimized is
absolutely required for BC to show consistent gains. In no way to I feel that even 100 of IE's campaigns would
single-handedly turn BC into a real investment opportunity... although they would definitely be likely to pump the price to a point where my exit would be very sweet... ultimately they would not be able to support the coin alone and it would collapse like a dot-com-bubble-IPO back in 2000.
The point that many people on both sides seem to disagree on highly - and this is sad - is that no one person or group of people will lead to BC's dominance in the CC marketplace... but it is entirely possible that one person or a group of people (if they are determined/destructive enough) to destroy it.
The bottom line is this... no one needs to have the "last word" - I think we're all well aware of the fact that some people support IE and his marketing initiatives, some people support the idea that a 'central management team' is in control, and other support none of the above. No matter what we either have to figure out how to
swallow our pride - and just work together - or sell out and move along.
Based on many of the opinions here - IconicExpert - I'm afraid you're going to have to accept that although you have done much and have much more planned... that it is not the only reason people are invested in BC, but that a decent group of those who are support you and your initiatives. At the same time that I agree that problems were created from the 'inside circle' - as it stands today - this isn't the way to resolve that. Do what you do best, let them do what they do best... and let the rest of the
community do what it does best - support whatever it believes is in it's best interests. Human resource problems are the least of our concerns at the moment... survival and stability are.
There will be time
as a community to call for censure or 'management changes' if we survive our first year of existence... if not then all of this was a waste in the first place - but if we start worrying about who get's the bronze bust in the foyer... we're all going to be holding $0.001 BC's not $10.00 BC's.
and "Digicidal" post here.
Obviously "IE" has other "business" priorities, whether he "vows" to tone down the "fighting" or not. Fortunately, the community as a whole has a much more leveled head and actually can see the danger in the "PR" gizmos and other more outrageous behaviors. Hopefully it will continue that way to see the sustained growth of this coin by solidifying and improving on the basics that brought it here in just 2 months. And maybe -why not be hopeful, no matter what the indications, repeatedly, are-, the real "good of the community" will prevail over the raging greed of a few, maybe well-intentioned but mostly misguided yahoos.
