Thursday, April 10, 2014

Blackout Wednesday Overview

   Blackout Wednesday has come and gone now, if you have not seen the press release here it is Blackout Wednesday Yahoo. The  press release was followed by a solid day of trading, blackcoin was unable to break the 10k floor but also did not fall lower than the 9k floor. On top of that the press release was view on over 100 sites by numbers of people the like of which this little coin has not seen before.
   The press release was not the only thing that happened to blackcoin on Wednesday and  may not even be the biggest one. In my opinion this one is the big news of the day, in case you have not heard  Coinkite opened up voting to take altcoins. The only alt-coin to have made it so far is blackcoin, doing in a few hours what others have not done in over 2 months. Blackcoin raised an astonishing 265,372 coins over 25 btc worth at that time. This was helped out by the generous donation of many including 50k from Mintpal. Coinkite will integrate Blackcoin into the point of sale system it makes and also produce a blackcoin debit card. This should all be done by June 1st making it an easy job for any merchant that wanted to take Blackcoins. There was also a mandatory 3 letter ticker needed for Coinkite as such BC became BLK, but normally exchanges will still be using the BC ticker if they want to.
   For those worried about the heartbleed bug and everyone should be, there are updated wallets on the blackcoin website http://www.blackcoin.co/. These updated versions do not have the bug of course.
   There is an IPO exchange oping up that will give 110% value for BC on the IPO, I would have to warn that most IPO exchanges have not turned out well for the investors. Here is the link to the bitcointalk thread about fastbit.
   One last bit of news is a nice little twitter feed that updates every half hour with the price of BC anyone that wants to keep up to date on the go should check it out. BlackcoinMarket
  I should have another update around midday tomorrow with information of one of the innovations that have already happening.


Kana

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