| Abstract: | Accreting black holes in binary systems exhibit two properties that distinguish them from the vast majority of binary X-ray sources: (1) rapid ≤ 1 s variability and (2) bi-modal spectral behaviour. These findings are based primarily on the observed properties of Cyg X-1 where an estimate of the X-ray source mass from radial velocity studies indicates a mass of 10 M. The recently suggested black hole candidacy of LMC X-3 is based on a similar mass estimate. The X-ray properties are similar to those of Cyg X-1 in its “high state”. The unique spectral properties of these systems are used to search for other similar systems, and new “possible” candidates are suggested, that include several transient sources. A possible spectral connection between these systems and their more massive counterparts in AGN is discussed. |
