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/biz/ - Business & Finance

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File: 120 KB, 250x250, BLACK COIN.png [View same] [iqdb] [saucenao] [google]
146259 No.146259 [Reply] [Original]

The next big pump coin. PoW/PoS
Started trading at 500 satoshi yesterday and up to 2500
https://www.cryptoaltex.com/index.php?page=trade&market=4
Not even on a major exchange yet. Net hash up to 15gh/s.
The train is leaving so get on NOW.

https://bitcointalk.org/index.php?topic=469640.0

>> No.146264
File: 7 KB, 623x108, PUMPs.png [View same] [iqdb] [saucenao] [google]
146264

This was just posted in the bitcointalk thread. Cryptorush soon aka moon.

>> No.146297

Bumping for your wallets.
It's still early. ~80BTC24h volume on that one brand new exchange.

>> No.146341

>>146259
Fuck I was going to mine this how in the hell is it already at 3000 satoshi

>> No.146353

>>146341
It isn't too late.
It just got the votes it needs for them to add on crypto rush right now. Get in fast.

>> No.146357
File: 59 KB, 852x576, 1393460283451.png [View same] [iqdb] [saucenao] [google]
146357

>>146259
awww yeah my nigga. We blackcoin now. What are you at OP?

>> No.146372
File: 26 KB, 837x312, bc.png [View same] [iqdb] [saucenao] [google]
146372

>>146357
with another 5k in pools.
I sold 10k at 1500 to make sure I could cover renting rig expenses and how I regret it.
It is going to go very high tonight

>> No.146388

Cryptorush just stated they are getting ready to add it. I really hope you guys don't miss this

>> No.146422

BUY NOW ITS HAPPENING

>> No.146479

So what's the difference between this and Mintcoin?

>> No.146487

>>146479
The mintcoin train has already left

>> No.146492

>>146487
Also 0%premine

>> No.146489

>>146479
Zero pre-mine is a big one. Mint had 2-3%

>>146372
what are your predictions for the price tonight when it hits cryptorush?

>> No.146513

test my wallet out pls~?

BQLjnifZE7qwzRfBpt
hbDNxTbdxUBa8KLw

>> No.146514

>>146487
>>146489
>>146492
True. I just don't understand why this has been pumped up so quickly and Mint never was.

This will probably crap out too.

>> No.146515

>>146489
I'm not sure. Miners have already been dumping a lot so I feel like it can just go straight up to 5000 satoshi by tomorrow morning if enough people take notice.
Most coins with big net hashes jump up a lot as soon as it hits a major exchange

>> No.146526

>>146514
I don't know why it pumped up either. I bought @ 4 and sold at 6 right before it pumped up to 50 and was mining it on day 1...
Apparently they changed their website or something but I still am not sure.
Even if this one does crap out I don't think it is anywhere near its peak yet.

>> No.146555

DAMNIT DON'T PUBLICIZE THIS

>> No.146570

>>146555
>23gh/s
It's a bit late for that

>> No.146580

>>146570
Well I have 9,000 but you're not doing me any favors here.

>> No.146585

>tfw richest in the thread

>> No.146591

Fuck. Muh pool is saying I'm only going to make 150 coins per day.
This sucks. Difficulty, go down FFS!

>> No.146592

>>146580
The mining profit is over, now is the time to buy.
The more exposure the more people buying. I'm trying to get everyone to benefit by buying in early.

>> No.146608

>>146592
>yes goy, buy at the top of the bubble!

>> No.146609

>>146592
I don't buy in.

>> No.146632

>>146608
It has been fluctuating between 1000 and 2000 for one day. If this was the top of the bubble The price would be under 800 and the volume would have fallen.
I'm expecting a prepump on the other exchange (if this isnt it already) because cryptorush will take too long to add it. and then a dump and big repump on cryptorush when everyone realizes its on there tomorrow.

>> No.146646

So I have only about 0.005 BTC on Cryptsy and I can't transfer to CryptoALTeX because minimum withdrawal is 0.01 BTC. But I made an account and got that BC deposit address, maybe someone could support me a bit, would be great. BDHeh5GPx7YLV2wht9dvWFCZaTe37LXEH4

>> No.146644

>>146632
Nevermind. Cryptorush just added it.

>> No.146645

What's the peak here? 5000 satoshi?

>> No.146656

>>146645
I'm guessing higher now but who knows.
I wasn't thinking that it has been very steady around 2000 satoshi

>> No.146818
File: 18 KB, 795x510, rush.png [View same] [iqdb] [saucenao] [google]
146818

OK so far for 30 minutes. I think the price will go down tonight with a big pump something tomorrow morning.

>> No.146829

3000 satoshi? lawls.

Get out with your profits while you can, sailors.

>> No.146832

>>146259
Paying for nigger coins.
What could go wrong?

>> No.146826

>>146646
So I decided to buy DOGE (1 DOGE fee ftw) and somehow I bought 2,2k DOGE and got my BTC back so I bought another 2,2k DOGE with same bitcoins. Cryptsy doubling your money since 2014.

>> No.146849

this diff
Difficulty 229.87175271
Est Next Difficult 328.38821816 (Change in 7 Blocks)

>> No.146854

>>146849
I know it's ridiculous. I have to stop mining it.

>> No.146866

>>146849
i prob mine all night with my 4 270xs, there noting else better to mine, i have been mining pnd all day.time to switch

>> No.146872

>>146866
I'm looking at Piggy Coin for a very fast dump

>> No.146874

So no premine/some PoS component seems to be the key to a successful coin. What's after Blackcoin?

>> No.146896

>>146874
Hopefully a coin with something actually new and exciting.
I have some ideas for things to add into the wallet but don't know if I should spend that much time trying to learn how to make a coin

>> No.146889

>>146849
It really, really, really bounces around, which means mining pools are hitting it occasionally. I'm staying on it with 2.8 Mhash.

>> No.146918

>>146866
thanks i switch my 270x's to that i see they are 2nd in cryptorush voting.. pretty low diff too

>> No.146916
File: 761 KB, 1000x1000, rapidcoin.jpg [View same] [iqdb] [saucenao] [google]
146916

>>146896
I support you in your endeavor. I can design a coin if you want.

>> No.146923

Mint's getting pumped again, if you still hold any of that. I have a 5.7M sell order at 57 satoshi.

>> No.146941

>>146916
I don't get how to make money off of it without premining

>> No.146960

>>146941
Depends on how much money you want to make. You can make a fair bit just by mining beginning with the first block. If you want to premine, make it no more than 1%, and say it's for bounties and giveaways, and then give away a fraction of it.

>> No.146983
File: 7 KB, 272x347, bobross_0.jpg [View same] [iqdb] [saucenao] [google]
146983

>>146960
I should add that I'm always available to help someone premine.

>> No.147037

>>146983
>>146960
I'm down to get on in this. Why not give some fellow /biz/nessmen the inside track?

>> No.147043

>>147037
I've been saying that for weeks, but no one seems to listen.

How's this: Bizcoin.

>> No.147074

So many scams, so little time.

>> No.147078

>>147043
Too associated with 4chan and this forum. If we do make a coin it needs to be kept off the books so we can profit off of it.

I say we take this conversation and any interested parties to a private chatroom and bury this thread.

>> No.147121

>>146826
You 51 percenters have it so easy. Think of the 49 percent! #doublespendwallstreet

>>146896
HunterCoin looks... interesting. Based on human mining. The wallet controls "hunters" on a map, and you can move them once per block.

>> No.147148

I actually think that we should develop our own source code for a coin.

The main problem with bitcoin and its code is that it itself has spawned all these competitor and scam coins.

The rules of business tell su that we should be unique and superior to all other goods on the market, so why not somehow make a superior coin? One that dwarfs the others, isn't just a clone and one that protects its source code?

>> No.147167

>>147148
Because that's more work with likely less gain, although NXT did pretty well for itself.

It's better to just copypaste a coin in like 10 minutes.

>> No.147185

I agree that a coin needs some sort of distinguishing characteristic to be successful now. Any thoughts?

>> No.147193

can someone explain to me the anatomy of a pump and dump?

an inner group launches a coin and buys a huge stake of it, then they go around social media and hype it up to get more people to buy into it. When it reaches a certain value, the inner group sells it all off (effectively taking the money from the other buyers) and the value basically drops to nothing?

are there any recent well known pump and dumps that you can see the aftermath of?

>> No.147200

>>147193
Every coin ever.

>coin releases on exchange at inflated price
>price either flatlines right away or goes up before crashing hard
>insiders make bank, bagholders are sol in short term

>> No.147202

>>147167

It's better to just copypaste a coin in like 10 minutes

This. Mint and niggercoin just further proved how the populace will go batshit over any copy pasta hybrid or ipo coin. Hell...the btc community is so fed up with scams, that you could make the shittiest logo mock up in ms paint and toss together a thread, and they'll be ecstatic to the heavens so long as the IPO wasn't a 'cut and run' and you actually deliver product.

I say we do this. /biz/ needs our time. And our time is now. I'd totally be down for this.

>nonprogrammer fag here

>> No.147198

>>147193
>are there any recent well known pump and dumps that you can see the aftermath of?

Bitcoin

>> No.147206

>>147193
Stablecoin. Heavily premined, then pumped and dumped. Check graph on cryptsy

>> No.147210

>>147193
>are there any recent well known pump and dumps that you can see the aftermath of?
They vary. Very recently, we've had Topcoin (still alive and kicking), Rapidcoin (dead; fucked up launch), Wolongcoin (fell apart when devs sold off and then Wolong unloaded).

>> No.147215

The real question is why we aren't launching a new coin every week that we premine 1% of. We'd be rich in six months.

>> No.147221

>>147215
And if you really want to fuck the community, stage a fake IPO to legitimize a larger premine.

>> No.147222
File: 239 KB, 1280x1005, 29HpnoK.jpg [View same] [iqdb] [saucenao] [google]
147222

>>147202
is there a /biz/ irc channel ? we could collaborate there

>> No.147223

>>147215
Proficient programmer here.

I know 99% of the people in this thread 1. don't know how to contribute to something like this or 2. couldn't even if they knew how.

>> No.147231

>>147223
I CAN DESIGN THE FUCKING COIN, PRICK

And I can market.

>> No.147232

>>147202
Got a good name for it: "GoyCoin".
Stands for Great Ownership Yield. Also comes with an option for angel investors - send BTC to this address, and at this fixed ration I send you GoyCoins.

>> No.147233

>>147223
well you could give us direction then?

>> No.147244

>>147231
I can design a coin logo too. And it'd look 1,000,000 times better than the majority of shit on the market.

Marketing is spamming. Automated spamming is my domain.

Why would I need you?

>> No.147243

>>147223
You still need good shills.

>> No.147248

>>147222

Don't know. But if not, we need to create one, STAT.

>>147223

I can make cool myspace glitter graphics and such.

>inb4 but how do I buy buttcoins instantly gaize?

>>147232

Brilliant. I'd tip you GOY for this, but we haven't created it yet.

So we finna do this, niggaz?

>> No.147247

>>147244
You need shills, ultimately. But I'm not going to sit here and pretend I could release a coin myself.

>> No.147252

>>147244
It is always good to have some support. Sure you could make and release a coin yourself, but together we could cover more ground and not piss people off by blatantly spamming marketing shit.

>> No.147257

>>147243

I can create the bitcointalk announcement thread, if need be. I have an aged, active account with 6 positive trust feedback, so they'd trust me over the next 'i just signed up follow me now dumb goy' guy.

I could also keep the shill doses healthy in the threads.

>> No.147254

>>147210
>>147206

great. exactly what I was looking for. can't believe people fell for some of those..

>> No.147255

>>147244
The thing is, we can kill a coin too. ;)

>> No.147259

>>147244
Together we could also put together websites to make it look like the coin actually had infrastructure. I could easily put up a GOY exchange.

>> No.147260

>>147254
I made a fair bit of money off Topcoin...

>> No.147261

>>147254
It actually sold at $0.20 USD/each at its peak if I remember right.

>>147232
I can actually see people buying this for the lols.

>> No.147265

>>147261
Could actually bullshit with the name too, do what that other coin did and pay dividends depending upon the amount of coins owned after a period of time = ownership yield.

>> No.147269

everyone join #biz on rizon

>> No.147273

>>147265
>>implying he doesn't know the correct term is proof of stake

Yes. It has to be a proof of stake coin. Preferably hybrid though, but a pure proof of stake would work too. The hybrids do seem to be the new crypto 'skinny jeans,' IMO.

>> No.147292

Can I still mine this?

>> No.147288
File: 106 KB, 750x1065, 138687926588.jpg [View same] [iqdb] [saucenao] [google]
147288

coin is just a mintcoin clone that claims malleability resistance

malleability attack is actually quite old and MtGoy was shit so everyone got fucked

Darkcoin is the future, don't believe this stupid niggercoin shit.


i think you are retards if you actually mine or invest in niggercoin instead of darkcoin because the darkcoin encrypted transactions feature is in development, encrypted blockchain is alpha status

>darkcoin.io
>Encrypted transaction network: Work In Progress
>Anonymous blockchain using coinjoin technology: Work In Progress

>> No.147297

>>147288
That lady has a fat ass. I assume you do too.

>> No.147310

I run a 7850.

Is it better to mine from a pool with 2k+ users that has 5GHz pool, or 515 users with 800MHz?

>> No.147314

>>147269
Got banned trying to join. What a shit network.

>> No.147335

bimp

1650 satoshi

>> No.147343

>>147297
wat?

>> No.147346
File: 33 KB, 974x486, PANDA.png [View same] [iqdb] [saucenao] [google]
147346

>>147193
I am no expert and this is just my complete guess.
This is a chart for wolong Panda on cryptorush. They didn't have this kind of chart before feb 14th so part of it is missing. I think I remember it mostly looking like this.
If you mean a pump and dump based off a premine I think it would mostly relate to this.
One where someone just hypes a coin would have them buying in a lot at a lower price a day earlier and then slowly pumping and hyping, so that even a small increase will give them profits.
Anyways, here is how I see it.
This is assuming that the preminers have a price they are planning on dumping at or around. I know this coin is a bit different because of all of the drama but I think it could have loosely been the plan from the start anyways.
1) They hyped the coin so they try to unload as much as they can right away at a high price.
2) Big buy orders and fake buy walls at the low price after the crash mixed with the hype make it skyrocket
3) They slowly dump during the rise and then do a big dump at the peak
4) After trading between themselves to simulate volume and make it look like it's crashing even harder, they start to buy in again. This is where I got in. I remember it was so methodical the way the pumped it I kind of think they use bots. Slowly going from satoshi to satoshi buying out the walls and placing huge buy walls to restore confidence.
5) Eventually fake walls + hype sets in and they do a fake dump
6) They get as many as the people panic selling low as they can, and then those same people buy back against what they just sold.
7) More dump
8) Slowly dumping
9) Even though wolong crashed the price I think this would have happened anyways (just not as much). Dump some more
10) dumping to any other whales trying to raise the price (this goes until today). Keep the price low and buy in some more at 1-4 satoshi.
11) Repeat from 1
Again, this is just how I see & not the best premine PnD example because of that huge dump to 1 satoshi.

>> No.147378

>>147223
I don't think it would be too hard. I would just want to implement something new, and it would take me a long time to learn that.
And besides, the logo and shilling is the most important part.

>> No.147400

http://www.qoinpro.com/e9d73843a0fb661dcf4297280823c08b Check out Qoinpro, you can only gain cryptos, nothing to lose. Also the website is in beta stage, sign up with that link and you will gain a 7.5% interest on your daily bonus.I would advise signing up before the site comes out of the beta phase.

>> No.147412

>>147378
This. A nice logo, website, etc. are far more important than any feature.

>> No.147419

how do i use
P2Pool? when they don't supply me with stratum address?

>> No.147421

>>147400
>referral
Go away, All Advantage.

>> No.147423

>>147419
I never earn what I should from P2Pools.

>> No.147438

>>147423
Ok, we're @ 2k satoshis, i'm gonna dump and lvie happilly with 10x profit than be afraid to loose later. thanks for the ride.

>> No.147444

>>147438
I think you're jumping the gun. The coin isn't even half-mined yet, but will be fully mined in a week. It should peak in price as the last PoW coins are distributed. I'm not selling mine for less than 5000.

>> No.147449

>>147438

How much did you make? $4?

>> No.147455

>>147449
I'm not him, but at 2K, I'd be making $100 for a day and a half of mining.

>> No.147453

>>147449
I've put 4BTC yesterday @ 720 satoshis. Sold now @ 1970.

>> No.147476
File: 31 KB, 450x421, 1392579611707.jpg [View same] [iqdb] [saucenao] [google]
147476

>>next p&d
currently at 5 satoshi, buy in now

>> No.147494

>>147476
>currently
You mean where it's been for days?

>> No.147495

>>147476
And it's already going down... dumped at correct moment.

>> No.147565

So will we be releasing our very own coin with a 1% - 0.8% premine and IPO investors?
Also, we should make the maximum amount of coins under 100 million for maximum profits

>> No.147599

>>147494
>>147495
The coin is only two weeks old. Right now is a good time to buy cheap panda before it goes back to 10+ satoshi

>> No.147614

>>147599
The age is not important when its reputation has gone to complete shit.
I do still think it will be pumped a bit again though.
Keep in mind wolong apparently still has 500 000 000 so if you do buy and it does go up, sell right away.

>> No.147623

You guys should be mining Entropycoin
it was just released and the diff is at 0.1
96 coins per block

>> No.147626

>>147599
Do you really believe that PND is gonna go over 10s?..

>> No.147631

>>147623
It was released a few days ago. It isn't a good sign if there is next to no hype around it.

>> No.147638

>>147614
Oh I thought this was Panda
I definitely agree that it is going to go above 10 after it gets on mintpal

>> No.147641

>>147631
Hmm just curious, what made blackcoin so hyped and netropycoin none?

>> No.147654

>>147626
Yes, going to be listed on Mintpal next. Currently in the process of getting voted on crypts.

>> No.147664

>>147654
yeah, been waiting for it for past few days, no action from mintpal, also swisscex market for PND is shrinking quickly. when it gets to MPal it might rise abit a few seconds and then plummet down again.

>> No.147665

>>146259
Am I too late?

Also I'm making an account on Crypto rush. The activation page is telling me to enter an Activation code, but the email only contained a link. What do?

>> No.147680

>>147665
Click the link?

>> No.147689

>>147680
I did. The page it brings me to asks me for an activation key That I don't have.

>> No.147694

To me cryptoaltex looks like a BTC scam behind BlackCoin...
There's only some movement on BC/BTC market...
Nice

>> No.147710

>>147694
It's just a tiny exchange.

>> No.147725

I tried mining this, but I couldn't get it to work due to being too much of a nub.

>> No.147741

>>147725
It's not worth mining at this point.

>> No.147991

fuck you cunts in #biz

>> No.148030

Pump is happening on cryptorush

>> No.148149

>>148030
u ment rash i think...

>> No.148365

>>148030
Crash? its @2500 and rising

>> No.148408

I hope you guys didn't fall asleep. It's getting pumped pretty hard on every exchange.

>> No.148477

>>147991
>invest in shitcoins
>blame anyone for own stupidity

>> No.148489

IS ANYBODY WATCHING THIS PUMP?

>> No.148697

bumping for 3000 satoshi

>> No.148702

I don't even get this. All these threads. Someone explain?

>> No.148706

>>148702
Get what?

>> No.148713

>>148706
Is this just an elaborate pump and dump? Or is there something else to it?

>> No.148732

>>148713

>elaborate pump and dump

no it's a straightforward pump and dump

>> No.148826

>>148365

it's @2300 now. cheap, right?

>> No.150213

>>148702
Basically threads like these have bots that pump up and inflate the value of a new shitty coin advertising is everything. Mosf peoe in ghe threads "talking" are bots made for you to think other people are buying. If your not a sheep or retard hide /ignore these threads.