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.

Hardunkichud

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