I was asked why blackcoin is so unique, besides pos. I was going to mention the fast transaction times, but some think this is just a simple mod like litecoin ? Seems impressive to me but is there any other utility this coin brings that I could say in defence of the realm of bc
None that I'm aware of and when I mentioned that BC really is just another scrypt coin in the chat, I sure caught a lot of flack! lol, I wasn't trying to insult anyone... but there is some crazed BC fans in there,,, hey if the payout is good I'm all in, I am considering outright buying some BC along with mining concept BC Pool
A nice discussion of what really makes blackcoin stand out.
http://blackcointalk.com/index.php/topic,1004.0.htmlThis bubble popping is a good thing. We want real organic growth not pumps. The community is still strong and the coin is still up 600% from a couple days ago... Coin kite is still months away, and by then the value will be much higher. Don't panic on market turbulence, best strategy is to buy, mine, hold. This coin is only going up long term.
I agree with this. In fact, we have had a few of these dumps already, usually after a big price increase. I just wanted to add that the price has always stabilized after the dumps and then later went up.
One other thing I might add that is also a factor in the price going up. That is that the BlackCoin Pool is at 11.5 GH/s. That is about 10 times as much as just a few days ago. That translates into that many more BC being bought.