Some also keep asking how this is any different than just mining other alts and buying BC yourself. And the answer is simple - individually we are small, but together we are huge.
Pretty, much, if there was a more sure thing in Crypto right now I sure want someone to show it to me. This new Multi pool empowers 'ME' to increase the value-'store' of BC. A coin that I like very much. It allows me to increase its value 'withOUT' using BTC in any direct manner! I can use existing equipment and others can too. In general I think hashrate is easier to part with than BTC for most people (not that it is different)
Even those who don't have any from the ground floor can benefit, and ever single coin they mine becomes supported by their continual hashing because of the near fixed supply. They can support their mining efforts just by continuously mining.
Aside from what you said, the simple fact that there is going to be a pool that directly places buy orders on black coin, it's quite obvious that we as a community mining this are going to put a great deal of buying pressure on the coin. The price isn't going to sit where it is or drop if we have a growing network putting 24/7 buys on the coin. This is win win as long as we get hash on this pool, I'm going to send all my mining power straight to it.
The multipool benefits the whole BlackCoin holding community.
1. If you are not able to mine, not a miner, then your BlackCoin holding will benefit from constant buying pressure from the BlackCoin miners
2. If you are a miner, your BlackCoin holding will increase in value AND you will also increase your overall holding
So, who loses out? Where does the value come from. I have been thinking about this...
The value being injected in to BlackCoin is being transferred (sucked) from the other coins when their difficulty is low and they are cheap to mine. This value will be transferring in to BlackCoin. The more miners we have, the more value is SUCKED from the other coins and put in to BlackCoin. As there is negligible coin inflation for BlackCoin all the injected value will be held in the BlackCoin currency.
What an amazing idea!