Quote from: azzlack on June 09, 2017, 04:12:09 AM

noob talk like : This price, that floor, this whale . STFU please

You are right with most of what you say, but Blackcoin also was always noob firendly. We welcome any new user and most questions will also be answered. Of course it's difficult to answer questions about the price because in crypto markets it's hard to predict where the price goes.

The technical details about Blackcoin and it's benefits however are not easy to understand for everyone. But people need to understand why PoW is flawed and they're better off with PoS. While PoW is not flawed in terms of security (the theoretical security issues in both are similar), it has alot of practical obstacles. When sometime in the future for instance the block reward in Bitcoin becomes so low, that miners merely get the transaction fees only, the transaction fees will rise even more. The price for a transaction is already high which makes Bitcoin totally impractical for transfer of smaller amounts, and it will grow even more in the future. In a PoS system the fees can always remain the same, because the energy consumption doesn't increase exponentially. In fact, the more people participate in staking, the faster and the more decentral blocks are created.

That being said, there is a possibility when Bitcoin will become impractical to use for a greater audience and any other PoW-coin basically faces the same issues. Increasing the blocksize only delays the issue but does not solve it.

At this point coins like Blackcoin need to be there to offer an alternative. However to be a true alternative, we need more fiat pairs. It's important that we are not only able to buy Blackcoin with fiat money but also exchange Blackcoin back into fiat easily. That is one very important step to be a serious coin and a serious alternative to other cryptocurrencies. If anyone wants to offer a service or product for Blackcoin, they will want to pay their rent and their salaries and need to transfer Blackcoin back into real world fiat money to do so.

Blackcoin was already accepted by alot of businesses, but a few of them closed and vanished over the last three years. Blackcoin needs a comeback and is still not there. There's still much to do to increase acceptance.

Blackcoin has a huge potential, technologically and practically, but we need to do more work on this.