I've got from 0.7btc worth to... 0.2 :-)

Relax and hold. How many sats did you buy in at?

Looks like a new pump has started, almost double what we've sat at all day.

I hope you have your exit strategy, I've revised mine after realising I could have been buying a house next week  if I'd sold at the top

I bought in right before the peak

only put ~0.6bit coin in, so it's not a massive loss/gain for me either way

I've set a sell order to get me out if I get back up to 0.6btc worth... long short but worth a go

as the price drops, mining gets more profitable... so I can see the value going up/down like this for a while yet

I think we'll go there and beyond Knighty, if you don't mind losing 0.6btc you shouldn't mind making some. Expect it to go higher this time around than last.

I still say, hold

Good luck.

Some interesting news - https://finance.yahoo.com/news/blackcoin-rolls-fantastic-features-value-071557419.html?soc_src=mediacontentstory

cancelled my auto sell @ 0.0006

need to put a new one in... not sure how much to go for... thinking 0.0009 but not sure :-o

I'm thinking more people will dump when the value comes up again

so whats the deal with blackcoin, do you mine it? or just swap it for other coins?

you point your minder at the black coin pool, it mines other coins, sells them for black coins, then sends you the black coins :-)

You mine it and hold it, because they'll be worth much more in a few weeks and months. Trust me.

alright, i apppear to be mining for that pool. using cgminer again on the mac.

is it still the situation where we'd be best off with a decent mining rig?

i never did get to the point where i understood cgminers output.  i guess now is the time to work it out

I don't think it's worth building a mining rig right now

if you've got something you can mine with, great, or if you need a new gfx card you might as well buy an AMD one that can mine too... but it's not worth buying stuff just to mine with

Unless you have a massively invested interest in BlackCoin already, like Knighty says, no point building a mining rig, it's just not very profitable anymore.

laptops been mining for 24 hours now with nothing showing in my blackcoin account. so im pretty sure i know why. cgminer dropped support for gfx card mining as of 3.7 and its now 4. something.

so if it is mining on cpu it'll be so unintensive as to be useless when it comes to being in a pool.