Quote from: dzimbeck on July 27, 2018, 11:47:55 AM

Quote from: Hardunkichud on July 27, 2018, 07:39:01 AM

Quote from: dzimbeck on July 27, 2018, 05:59:45 AM

Quote from: Hardunkichud on July 26, 2018, 09:17:29 PM

Ouch, there goes 18% of the volume. Thanks for pointing this out.

It's no big deal, Poloniex is not the biggest exchange anymore. Blackcoin is very well covered in terms of exchanges. The price drop is a
bit excessive. Blackcoin still is better than a lot of projects out there.

I just think that we need to stop strumming that old tune "POS is more economical than Bitcoin". That worked years ago, it doesn't work anymore.
Things are far more competitive than they used to be. Investors are going to start comparing coins far beyond who was the first full POS coin.
It's of course important but it's too monotone. Investors are going to seek tools that better their lives.

Blackcoin should champion it's unique features. BlackHalo/BitHalo, the colored coin wallet, Lore, etc, etc. Also we could always just fork and improve the
staking/scaling process. A lot of great developments have happened for POS that can be added to strengthen the system and scale it.

Oh I agree with the whole energy argument. Nobody cares, and if they do, then they see the huge energy consumption of Bitcoin as a prove of value rather than a burden.

BLK's strength is that it's PoS with the most integrity. There's no veiled mechanics that make the rich richer, anyone can participate.

Still, Poloniex is not to be sniffed at. I don't trust the volume on Coinegg and Bittrex is only marginally larger than Poloniex. Unless this is some giant insider trading scheme that finally ends in the crescendo of BLK being added to Binance (and there's a massive chance they eventually will considering they added NAV for free as well), I think it looks bleak.

Well it is bleak as long as nobody uses Halo or nobody takes charge to add more features to the chain. Investors should consider that for 4 years we have had the only software in the world that does peer to peer unbreakable contracts which can be used for trustless wires, trustless international trade, unbreakable employment contracts and for any deal where escrow is not an option. That is even ignoring the insane amount of savings of not having to carry insurance, not having to pay third parties and not needing to worry about theft. Not to mention on top of a decentralized market on Bitmessage.

The issue is, nobody wants to use Bitcoin, they just want to speculate on it. That and if they are on clearnet, people want to pay the middle man because of volume. BlackHalo benefits with increased userbase of BitHalo and visa versa.

The irony of decentralization is when there are so few leaders things become disorganized. If investors are along for the ride, they pretty much get what they put into it. If they lead the charge forward they reap the benefits. For BLK to move forward someone needs to start improving it's blockchain to keep up with the competition and there is a lot of things that BLK can add. There is sidechains, shared stake or sharding, dynamic block sizes, pruning, even some sort of scalable scripting language.

Blackcoin has leaders. It is just getting started with a whole new life. I thought you knew that it is Janko, Lateminer and I that are doing developments to make it far greater than it has before?