Quote from: stupidboy123 on July 09, 2019, 08:04:48 PM

you should have more than 2000 bln for 2000 blk i think

At the first IBO stage i think you must have around 140k BLN for 2k BLK Wink

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Quote from: ulissess on September 06, 2018, 07:58:58 PM

hello Rat4,
I read the news:

Quote

Initial Burn Offering

Initial distribution will be proportional to burned BlackCoins, with a bonus for early participants.

For first 4 weeks the bonus is 20%, later it decreases by 2% per week.

The minimum required burnt amount per account is 10 BLK.

Burning starts at 07 Sep 2018 00:00:00 UTC and ends at 14 Dec 2018 00:00:00 UTC (14 weeks).
Instruction

   Download BlackCoin wallet 1.2.5.1
   Use the debug window or CLI to execute following commands.
   blacknetkeypair Save your mnemonic before proceeding further.
   burnwallet pubkey to burn all coins in your wallet or burn n pubkey to burn n coins.

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

Quote from: rat4 on September 06, 2018, 08:44:28 PM

Quote from: ulissess on September 06, 2018, 07:58:58 PM

One question.. 1 blackcoin is 1 blacknet + 20%, right?
Blacknet has a supply of 1 000 000 000, blackcoin instead is 77 000 000 .. it doesnt look so convenient

If all 77 000 000 BLK burned with same bonus, then 1 BLK = 12.98701298 BLN
If only 10 000 000 then 1 BLK = 100 BLN

I think around 15 Mio BLK are burned, is this correct?

Quote from: clutchu on July 09, 2019, 11:55:54 AM

Thanks for explanation.

So like I see the price of BLN is very low... it was not a good deal.

I spend 2000 BLK which are now worth 140$ to get 2000 BLN which are worth 15$ Cheesy

When i see this in BTC you have made about 1000% Wink

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