Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 217. (Read 1103293 times)

Dan Metcalf and I have made our identities public.

There's no whitepaper, but there is Dan's (and XC's) reputation of delivering the goods, on schedule, since its inception.

Is the dev team behind this project publically known (with their real world ids)?

Is there a whitepaper or some other more specific documentation about the technology that is part of this?

You do know your post and uneducated comments are a historical record, right? Did you want to be taken serious or are you good with being a troll?

That's incorrect. Funds are stored in a multisig address, in escrow, so Dan does not control them.

In due course we'll be releasing details on the board of people who will jointly have control over funds (the funds will still be subject to a third party auditor as well).

lol
dan have all your btc right now

Greetings fellow crypto traders

It appears the House of Altcoins (altmarket) hasn't
Been promising lately and the pass few months.

Many factors may or may not contribute to the decaying
of the altcoin market. Some seen and some unseen.

Usually and normally im wrong.

What seems to be occuring is...

●Scams by supposedly Dev
● Pump & Dump groups galore
● Tricky & deceitfulness
● Greed @ all time high
● Elaborate & sophisticated Schemes


As of late the Tarnish image of the altmarket
is due in part to the 5 things listed above.

Why coins that are legit or are seeking
Legitimacy prices have dropped tremendously.
(Ex. Blocknet & participating coins)

Jus a few bad actors has done more damage
Than good to help promote and encourage investing
in the altworld.

Has anyone noticed the altscene is quickly
Becoming a place of untrustworthiness and elaborate scams non-stop.

Check the volume of a few exchanges (bittrex, poloniex)  compared to the early part of this year when there were thousands of btc invested.

Some will say because btc price rise
is the reason why altcoins are down.

Alts have been down, long before btc starting
gaining traction again.

P2P360

i think thats true. you should spend it for rise nearly ico price. its 21BTC or 25 BTC. if you dont believe your own coin, why people trust ?

It won't need 100 BTC, far from it. Because a (slow slow slow!) rally upwards just needs to be triggered and supported, and then other market participants will join in. Be clever, think willy bot. Or buy all in one go - to avoid in between dumping? I really don't know which way comes out cheaper in the end.

Facts:

13.97 BTC = Poloniex sell orders until 25000
7.0672 BTC = Bittrex sell orders until 25000
~0.2 BTC = Bter sell orders until 25000
----------
21.2 BTC

that is 5.8% of the ICO, last week it was only 3%.

So the buyback has become more expensive now, i.e. more people are loosing trust, plus low buy price allows for gains already below 25000. "The" price is starting to settle around half-ICO. Not what you want.

If you had acted when I suggested it, you would have saved yourself 9.6 BTC, for the same action. Consider to tip me 10% of that, for my good ideas  
[BLOCK] Bn3gKj1BKit8YKr5WrFE6BENtEGhuHcQyk  
BTC 15i31jzNpiUZ1Ni4QTvJsVuZ196Ghv175m

 


EDIT: Thx for the small tip, well appreciated. And yes, the sooner this is settled, the earlier this most important change will happen:
EDIT2: and the buyback would not be a loss, because the blocknet foundation would own (cheap!) BLOCKcoins in exchange for that.
I was really surprised to read that you are not ? ? ?

Can we get back to BlockNET 

Altcoins are not dying and BTC is not dying either. The only thing dying is the perception that some alt is going to come along and dethrone Bitcoin. Never gonna happen. I do believe alts are the invoation and ground breakers and testing ground for features that could later be adopted by bitcoin. There is room for altcoins to their along side Bitcoin offering niche services that BTC don't offer. Plus it's a lot easier to spend 1 alt than say .005 BTC. Almost like change to paper cash. I think when the alt world starts to come together instead of trying to compete for the same things the world of cryptos will start to flourish.

I don't for a second think altcoins are dying, they ARE the future I think.  Seems the altcoin world is just WAY too diluted right now, I am sure in the future we will see an end to most altcoins that exist today......but the few strong ones will survive!  WAY too much that crypto can bring to the world to only have one digital currency, but the crypto world is also full of crap and scam projects.

Everyone thought BTC was dying a couple weeks ago...something to consider.

I also think that a buywall could be nice for investors !! Im i the only one who think that altcoins are dying ?:/

Thanks everyone who explained their point of view. I do get it - if I invested in something and it dropped in price, I wouldn't be happy either.


Emotionally, I probably wouldn't be happy if the price dropped to 1 satoshi after I paid a lot more for it, but from a purely logical point of view, money spent in the past is irrelevant, and the low price would give me the opportunity to purchase more. Understand it would be different if this was an altcoin, whose value is purely determined by its worth in BTC. An altcoin's BTC value is its entire value, period.

BLOCK seems different because its value can be measured in terms of how many NHZ assets you can trade for 1 BLOCK, which from what I can tell is completely independent from BLOCK's BTC value. NOTE: If I'm wrong here, and the BLOCK/BTC exchange rate determines your BLOCK's NHZ asset buying power, then my entire hypothesis is wrong. Also the price of BLOCK doesn't have any bearing on project development or success, since people are basically just trading ITO receipts at this point; the project is already paid for.

If you are planning to sell BLOCK for BTC, then yes, of course you want its BTC value to increase. But if you want to benefit from the NHZ asset payouts from Blocknet, then the important value is how many NHZ assets you can exchange for 1 BLOCK. From this point of view, my only (rational, selfish) interest in the BTC price is for it to get lower so I can buy more; I'm planning to trade for NHZ assets, not ever to sell it for BTC.

But yes, I do understand the disappointment of BLOCK's BTC price from a purely human point of view, and I also agree that the drop in BLOCK's price could negatively affect the success of any future ITO by the team - that is a really good point.

It's more like a blocknet share.
And it's doing what every one could have expected, for the time being it's below the ITO price.

so how is the coin going now?

Hey Arlyn,

about the buy wall thing, I wouldn't consider putting it above 1/2 of the ITO price. and only with a max of BTC of the difference between the min of 850 and what was actually raised.

After all, this was a sort of crowd funding of the development of some new technology. If someone wants to get out right NOW he/she should not get a full refund. If I fund a project on, let's say, kickstarter.com once the funding is successful, there is no way investors get funding back other than waiting until the product/software is finished and then claiming their tier 'pledge'.

And here we invested in new technology, which will only give investors some revenue once it is fully 'in action'. Reinvesting as a foundation to profit more from uptrends seems reasonable to keep the motivation high. But there is no point of letting investors drop their share without a loss at this point.

Best, Axe

Fine by me. Only reason I engaged was to refute his claims that Prom is behind Blocknet and to urge him to keep his util ramblings in its own thread.

Hi all

Apologies, but I'm going to delete all this futile bickering about Util.

Reason: it's not relevant to the topic.

(And it's very tedious.)

Please try refrain from dragging the conversation down into bickering. There's really no point.

BTC hit the mid November High as noted 2 months ago. Look for a brief pullback into next week, then a renewed push upward into mid December. Volume in the altcoin market has continued to decline. I believe this is due in part to the present rally in BTC, but not the only reason. For many months, the altcoin market has been overrun with scams. As scam coins are increasing, more people are becoming wise to it and moving toward BTC and LTC. If the atlcoin market doesn't correct this image, volume will continue to move away. In regards to alt picks: we picked up some nice moves in DTC, Gaia, XC, and Fuel2. Join us and take the guessing out of your trading decisions.

^news and its happening now , (btc)