Can someone tell me when the ITO ends? Why are there sell orders less than ITO price on Poloniex?
ITO ends Nov 5...
Thank you very much (and also thanks for the Poloniex answer).
no problem
Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 341. (Read 1103311 times)
November 01, 2014, 07:03:01 PM
ITO ends Nov 5...
Thank you very much (and also thanks for the Poloniex answer).
no problem
November 01, 2014, 07:00:16 PM
Quote
Also blocknet's assets and funds will be held in escrow and released as development progress's. Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.
Can someone comment on why the exchanges plan on releasing it as soon as the blocknet PoS wallet is ready in 7 to 10 days post pre-sale? Is there a different escrow besides the exchange being used to track the progress of blocknet & release accordingly?
The structured escrow would work as follows:
- Funds will be held at a multisig address co-signed by the escrow service and the Blocknet Foundation.
- The Blocknet Foundation will manage funds and guide the project as per its mandate.
- Funds cannot be released without both the Foundation and the escrow service authorising it. This will
prevent funds being released prior to milestones being reached.
- A third party will function as an auditor to ensure that funds have been properly been accounted for.
- Should a dispute arise between asset-holders and the Foundation, the escrow service will function as an
intermediary to resolve it.
Where did you get this info from ?
are you the PR guy ? i keep seeing you speak on behalf of this coin
but around the forum i see nothing but name calling from you.. you have called me around 100 names in the last 24 hrs.
ya smart hire a 2yr two old with a foul mouth to be your PR rep LOL
you know he had 18 comments deleted yesterday for name calling and spamming and trolling ?
most of them we're massive huge comments with blank space that you had to scroll down 10 minutes to get past then he would insert one line calling me names.
the funny part was too is he did that on any Blocknet topic even if i did not create it etc
rofl
It's right there in the OP idiot.
You don't have the time to read something about a project, but you have the time to spread all this BS?
November 01, 2014, 06:58:58 PM
Can someone tell me when the ITO ends? Why are there sell orders less than ITO price on Poloniex?
ITO ends Nov 5...
Thank you very much (and also thanks for the Poloniex answer).
November 01, 2014, 06:52:44 PM
And where is the bter blocknet ITO?
did it disappear? or am I missing it?
was it moved?
Link please
did it disappear? or am I missing it?
was it moved?
Link please
November 01, 2014, 06:51:52 PM
...
Below I will make an attempt to answer all of your questions and explain the proper context of the logs of conversation between Smurf and I. ( I have no feeling of disdain for smurf as he seems to have simply become caught in the middle of this attack. I do not see his posting of those logs as an act of malice.)...
Below I will make an attempt to answer all of your questions and explain the proper context of the logs of conversation between Smurf and I. ( I have no feeling of disdain for smurf as he seems to have simply become caught in the middle of this attack. I do not see his posting of those logs as an act of malice.)...
If he was stuck in the middle and not acting out of malice then why would the logs be altered and false as claimed by both you and blocknet?
I take that to mean the logs are true and legitimate.
The question now becomes are you lying about working with and paying dan or is he lying saying that you have never paid him.
Quote
3. Has Dan Metcalf performed paid work for me or projects I am invested in. In short yes, but I will explain these projects below so that you can understand the context of "Dan works for me now."
Yes, ...
Key Continue: At this time, desiring to try and recover the market I noticed that the KEY developers were having a great deal of trouble hardening the security of the OS. I contact Dan for the project and he completed it steadfastly with a high degree of quality. This was public knowledge on both the XC twitter, Dans personal twitter, the key twitter and more.
Halcyon: A coin to have a nootropics store. I like this idea and I invested. I funded a few aspects of the tech and when an issue arose, I contacted Dan to provide a quick solution, as well as provide a review that the source was trusted and the anon worked.. and to this day his review remains true. It has a working anonymous solution and a working POS source. The nootropics store design is complete and awaiting an API or a vendor to supply these products.
Yes, ...
Key Continue: At this time, desiring to try and recover the market I noticed that the KEY developers were having a great deal of trouble hardening the security of the OS. I contact Dan for the project and he completed it steadfastly with a high degree of quality. This was public knowledge on both the XC twitter, Dans personal twitter, the key twitter and more.
Halcyon: A coin to have a nootropics store. I like this idea and I invested. I funded a few aspects of the tech and when an issue arose, I contacted Dan to provide a quick solution, as well as provide a review that the source was trusted and the anon worked.. and to this day his review remains true. It has a working anonymous solution and a working POS source. The nootropics store design is complete and awaiting an API or a vendor to supply these products.
Dan claims you have never paid him.
And your statements are saying that he reviewed his own code. He provides a solution and reviews said solution.
Quote
7. My feelings on the PR response from blocknet. When this controversy came to light, XC community immediately responded without first verifying the authenticity of the logs, while they have many conversational gaps in them, and are being presented in a negative light. I will attempt to explain the conversation and what was intended.
Only conversational gaps now? That is not what you said before.
And this means what is read in those logs is true.
Feel free to post the logs in their entirety versus trying to lecture us on their meaning.
Quote
I wish that all who read this understand that this is simply a role in this market that must be filled by those that have obtained enough bitcoin and resources to make projects such as these possible., without us a lot of innovation would not make it to market and developers would not be motivated to produce such brilliant works of code without funding.
These statements are the opposite of one another in the context you use.
Instead of an ipo/ico/ito then fund them yourselves from "those that have obtained enough bitcoin and resources to make projects such as these possible" instead of fleecing the ones out of the insider loop.
November 01, 2014, 06:43:03 PM
cont
(Sorry browser loses edit buttons on editing a post)
Where are the milestones documented about how much bitcoin will be released at what milestone?
Who is the third party auditor?
**Keep in mind I'm thinking about the way the entire XC premine fund was spent without fulfilling the transparency promise. I'm just trying to flesh out if there is actual substance behind these promises (unlike the premine fund)
(Sorry browser loses edit buttons on editing a post)
Quote
- Funds cannot be released without both the Foundation and the escrow service authorising it. This will
prevent funds being released prior to milestones being reached.
prevent funds being released prior to milestones being reached.
Where are the milestones documented about how much bitcoin will be released at what milestone?
Quote
- A third party will function as an auditor to ensure that funds have been properly been accounted for.
Who is the third party auditor?
**Keep in mind I'm thinking about the way the entire XC premine fund was spent without fulfilling the transparency promise. I'm just trying to flesh out if there is actual substance behind these promises (unlike the premine fund)
November 01, 2014, 06:40:19 PM
Quote
The structured escrow would work as follows:
- Funds will be held at a multisig address co-signed by the escrow service and the Blocknet Foundation.
- The Blocknet Foundation will manage funds and guide the project as per its mandate.
- Funds cannot be released without both the Foundation and the escrow service authorising it. This will
prevent funds being released prior to milestones being reached.
- A third party will function as an auditor to ensure that funds have been properly been accounted for.
- Should a dispute arise between asset-holders and the Foundation, the escrow service will function as an
intermediary to resolve it.
- Funds will be held at a multisig address co-signed by the escrow service and the Blocknet Foundation.
- The Blocknet Foundation will manage funds and guide the project as per its mandate.
- Funds cannot be released without both the Foundation and the escrow service authorising it. This will
prevent funds being released prior to milestones being reached.
- A third party will function as an auditor to ensure that funds have been properly been accounted for.
- Should a dispute arise between asset-holders and the Foundation, the escrow service will function as an
intermediary to resolve it.
Ah perfect. Now we're getting somewhere.
So my questions are
1 - who is the indiependant escrow service?
2 - What constitutes the blocknet holders being unhappy with how funds are being used and having the escrow service lock them up until the Blocknet foundation addresses the issue and makes the hodlers happy again? What does that process look like?
November 01, 2014, 06:36:27 PM
That is your opinion, but that is not true. I want to create lasting technology. I still support KEY as well, Keytrader 2.0 was recently released and had very little market impact. It's still a great tool for trading.
Prometheus, you do realize that your reputation is beyond redeemable, right? Thus, the more you connect yourself to Dan and BlockNET, the worse that Dan & BlockNET look to everyone watching.
November 01, 2014, 06:36:19 PM
Quote
Also blocknet's assets and funds will be held in escrow and released as development progress's. Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.
Can someone comment on why the exchanges plan on releasing it as soon as the blocknet PoS wallet is ready in 7 to 10 days post pre-sale? Is there a different escrow besides the exchange being used to track the progress of blocknet & release accordingly?
The structured escrow would work as follows:
- Funds will be held at a multisig address co-signed by the escrow service and the Blocknet Foundation.
- The Blocknet Foundation will manage funds and guide the project as per its mandate.
- Funds cannot be released without both the Foundation and the escrow service authorising it. This will
prevent funds being released prior to milestones being reached.
- A third party will function as an auditor to ensure that funds have been properly been accounted for.
- Should a dispute arise between asset-holders and the Foundation, the escrow service will function as an
intermediary to resolve it.
Where did you get this info from ?
are you the PR guy ? i keep seeing you speak on behalf of this coin
but around the forum i see nothing but name calling from you.. you have called me around 100 names in the last 24 hrs.
ya smart hire a 2yr two old with a foul mouth to be your PR rep LOL
you know he had 18 comments deleted yesterday for name calling and spamming and trolling ?
most of them we're massive huge comments with blank space that you had to scroll down 10 minutes to get past then he would insert one line calling me names.
the funny part was too is he did that on any Blocknet topic even if i did not create it etc
rofl
November 01, 2014, 06:35:59 PM
Can someone tell me when the ITO ends? Why are there sell orders less than ITO price on Poloniex?
ITO ends Nov 5...
November 01, 2014, 06:35:21 PM
Can someone tell me when the ITO ends? Why are there sell orders less than ITO price on Poloniex?
traders bought in most likely with altcoins for 0.000225 BTC (10% discount) and selling above that price on poloniex for profit. Poloniex went against the rules and opened trading despite being contacted to stop.
November 01, 2014, 06:31:39 PM
Quote
Also blocknet's assets and funds will be held in escrow and released as development progress's. Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.
Can someone comment on why the exchanges plan on releasing it as soon as the blocknet PoS wallet is ready in 7 to 10 days post pre-sale? Is there a different escrow besides the exchange being used to track the progress of blocknet & release accordingly?
i was wondering the same thing..
they pull in almost a million bucks by the end of this who did they get to be the trusted escow ?
when you pull an ITO "investment" that hauls in close to a million dollars yeah.. they will go into over time trying to prop it up !
i seen it for yrs around here with dummy services tacked onto clone coins etc.. a classic method of legitimizing the scheme.
What he did here is not worth 900k !
nor is any other future possible aspect of all this either.
Spoetnik, Stfu already. Your beloved jackpotcoin isn't worth 1 satoshi. Get lost.
Actually it's worth 8 and has been for a month+ while all other coins tanked.. JPC didn't go down
Are we still on topic here honey ?
Can you shed some light on what i wanted to know ?
If not ? ..then YOU STFU.
November 01, 2014, 06:31:08 PM
Can someone tell me when the ITO ends? Why are there sell orders less than ITO price on Poloniex?
November 01, 2014, 06:27:38 PM
Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.
In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag? GTFO of this thread. You dont belong here.
So to summarize you feelings succinctly. You see nothing wrong with the prom / Dan / pump group alliance and do not feel it effects the legitimacy of BlockNET at all.
I don't see it as an alliance, no. Not at all.
November 01, 2014, 06:26:16 PM
Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.
In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag? GTFO of this thread. You dont belong here.
So to summarize you feelings succinctly. You see nothing wrong with the prom / Dan / pump group alliance and do not feel it effects the legitimacy of BlockNET at all.
November 01, 2014, 06:24:01 PM
Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.
In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag?? Of course not, because the fact is you too could have bought in big too when I announced my plans, but you simply chose not too. GTFO of this thread. You dont belong here.
November 01, 2014, 06:23:35 PM
If they sell for example for 1000 BTC what happens to the rest 1500BTC/Block?
It will be destroyed.
That means normally that the worth from one block will rise automatical I guess
and when the network is in action I get higher fees ?Is this right?
Correct
no thats not correct, ppls will dump blocknet till they have delivered something usable in Q2 2015. I offer bets that blocknet will loose on value after the ito. Up to 5btc, pm me.
I would say the same if i would like to buy cheaper, it can go up aswell if devs come up with updates. Blocknet is very popular right now because of it's concept and some haters talk. If the devs just mind their own goals and work on this concept i can see it explode.
I wait until tomorrow cause I have the feeling BTC is about 250 Euro. Then I buy a few more Block.
Can anybody explain is the delevopment in all other partiziapting coins involved?
What do you thinc about Sonic? The price seems pretty good and the partizipating coins will rise too I guess.
I bought 2 btc at 280 euro, i don't know very much about other coins, but the blocknet concept i do like and think it has potential
November 01, 2014, 06:20:11 PM
I'm asking again - WHO is the escrow and at what points in the project are the funds released to the developers?
Edit: For $50 I can throw up a wordpress site for you at http://www.atcsecure.com/blog/. Might look better and you could add new articles, ongoing blog for progress etc etc
Edit: For $50 I can throw up a wordpress site for you at http://www.atcsecure.com/blog/. Might look better and you could add new articles, ongoing blog for progress etc etc
November 01, 2014, 06:17:10 PM
OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement
Dan (or whoever you are), you are not truthful in your statement
Quote
as everything I did was stated publicly
Not everything, remember XC premine? Stop with the bullshit. You haven't even invested in this project.
November 01, 2014, 06:16:44 PM
That is your opinion, but that is not true. I want to create lasting technology. I still support KEY as well, Keytrader 2.0 was recently released and had very little market impact. It's still a great tool for trading.
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