Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 383. (Read 1103293 times)
October 29, 2014, 02:11:35 PM
Hmm. So should I buy this on trex right now or what?
October 29, 2014, 02:10:46 PM
Update from CoinGateway:
Quote
Of course, we are fully transparent
all transactions and hash are public
https://coingateway.net/transactions.php
all transactions and hash are public
https://coingateway.net/transactions.php
October 29, 2014, 02:10:00 PM
It says nothing about limiting purchases with altcoins you bastards
ITO rules section
"No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will
be purchasable using BTC on Bittrex, Bter, and Poloniex."
October 29, 2014, 02:09:39 PM
Update from Poloniex:
The market should've been frozen for trading until the end of the ITO, and they are resolving the issue.
The market should've been frozen for trading until the end of the ITO, and they are resolving the issue.
October 29, 2014, 02:08:20 PM
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale.
When I receive a response I'll report back here.
Sorry Arlyn Who is holding all the ALts right know from coin gateway and who is the Escrow that will guarantee all transactions and that they will give you the Fair amount of them.
As well How much money did they get from this?
Thank you.
October 29, 2014, 02:07:15 PM
It says nothing about limiting purchases with altcoins you bastards
Oh yes it does.
Read the executive summary.
And read the FAQ below the OP.
October 29, 2014, 02:06:15 PM
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale.
When I receive a response I'll report back here.
Thanks.
October 29, 2014, 02:06:09 PM
It says nothing about limiting purchases with altcoins you bastards
October 29, 2014, 02:05:00 PM
Distribution List / Richlist
I have created a distribution list (Richlist) for Blocknet, Hope you guys like it.
Drop me a PM if you need anything.
http://www.richlist.eu/blocknet
I have created a distribution list (Richlist) for Blocknet, Hope you guys like it.
Drop me a PM if you need anything.
http://www.richlist.eu/blocknet
Fixed a small error, everything looks good now.
October 29, 2014, 02:04:58 PM
There is too many unanswered questions. And there is nothing really tangible about the blocknet. You guys want 2,500 BTC so you can develop your idea ? Well I have plenty of ideas, but I'm not asking anyone to give me 1 million dollars for them.
Jimmy Zed
Jimmy Zed
You should read latest update and come back with info you found there
October 29, 2014, 02:04:52 PM
There is too many unanswered questions. And there is nothing really tangible about the blocknet. You guys want 2,500 BTC so you can develop your idea ? Well I have plenty of ideas, but I'm not asking anyone to give me 1 million dollars for them.
Jimmy Zed
Jimmy Zed
Can we ban this guy? He constantly posts the same shit (allegations with NO substance!) and detracts from the real discussions.
October 29, 2014, 02:04:02 PM
The people are right, that it isnt fair, that Bittex customers are not allowed to trade while other platforms allow them to... That will dump the price extremly when all the bittrex holders trying to sell their coins because they dont want to make a loss
October 29, 2014, 02:03:24 PM
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale.
When I receive a response I'll report back here.
October 29, 2014, 02:01:38 PM
There is too many unanswered questions. And there is nothing really tangible about the blocknet. You guys want 2,500 BTC so you can develop your idea ? Well I have plenty of ideas, but I'm not asking anyone to give me 1 million dollars for them.
Jimmy Zed
Jimmy Zed
October 29, 2014, 02:00:31 PM
There would be no conflict of interest if you guys came up with the algorithm and shared it with us after the ITO ended on coingateway. This would allow people to verify their transaction to see if they received the correct amount of BLOCK. Also, the fact that you guys don't know the algorithm worries me. Who's to say coingateway didn't "set an algorithm that guaranteed [they'd] rake in the maximum amount"?
You can use this page to address your concerns
https://coingateway.net/contact.php
For now Coingateway updated us with this info :
An update from CoinGateway:
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Update on CoinGateway's pricing algorithm:
Quote
we looked at volume and set a btc amount
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
October 29, 2014, 02:00:27 PM
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
Seriously. They should visit satoshi dice and see how provable fairness works.
The concept is that you can demonstrate a fair system post facto.
Let's drill that into our collective heads.
October 29, 2014, 01:59:59 PM
Anyway Arlyn is too shady to do not share the algoritm with the people that bought them.
The price was just changing according to the current price of the alt in 10 min there was a 500 block difference on a 3000 XC buy.
The algoritm was said to be calculated on an avg of prices over a period of time. None was thinking that that period of time was form the begginning to the End of the ITO. It should have been for example from the announcement day till today.
You would have released a fixed price for all coins and that was what we were getting. The price was not fixed. This was another messed up thing that happened during this morning and people ended up getting less blocks for their alts. Meaning More Alts for the faundation.
Now if you wanted to start with the wrong foot you did it. Now it looks shady....unfortunately.
Plus there is the 10% discount mess up. Plus Xcash mess up. Plus XST people sayng they were not able to buy in from the beginning.
You have many things now where the fudders can fud UNFORTUNATELY.
UNPROFESSIONAL.
The price was just changing according to the current price of the alt in 10 min there was a 500 block difference on a 3000 XC buy.
The algoritm was said to be calculated on an avg of prices over a period of time. None was thinking that that period of time was form the begginning to the End of the ITO. It should have been for example from the announcement day till today.
You would have released a fixed price for all coins and that was what we were getting. The price was not fixed. This was another messed up thing that happened during this morning and people ended up getting less blocks for their alts. Meaning More Alts for the faundation.
Now if you wanted to start with the wrong foot you did it. Now it looks shady....unfortunately.
Plus there is the 10% discount mess up. Plus Xcash mess up. Plus XST people sayng they were not able to buy in from the beginning.
You have many things now where the fudders can fud UNFORTUNATELY.
UNPROFESSIONAL.
Here are the latest updates from Coingateway
An update from CoinGateway:
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Update on CoinGateway's pricing algorithm:
Quote
we looked at volume and set a btc amount
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
Exactly I was going to write the Same .... Please address my points.
October 29, 2014, 01:58:22 PM
Anyway Arlyn is too shady to do not share the algoritm with the people that bought them.
The price was just changing according to the current price of the alt in 10 min there was a 500 block difference on a 3000 XC buy.
The algoritm was said to be calculated on an avg of prices over a period of time. None was thinking that that period of time was form the begginning to the End of the ITO. It should have been for example from the announcement day till today.
You would have released a fixed price for all coins and that was what we were getting. The price was not fixed. This was another messed up thing that happened during this morning and people ended up getting less blocks for their alts. Meaning More Alts for the faundation.
Now if you wanted to start with the wrong foot you did it. Now it looks shady....unfortunately.
Plus there is the 10% discount mess up. Plus Xcash mess up. Plus XST people sayng they were not able to buy in from the beginning.
You have many things now where the fudders can fud UNFORTUNATELY.
UNPROFESSIONAL.
The price was just changing according to the current price of the alt in 10 min there was a 500 block difference on a 3000 XC buy.
The algoritm was said to be calculated on an avg of prices over a period of time. None was thinking that that period of time was form the begginning to the End of the ITO. It should have been for example from the announcement day till today.
You would have released a fixed price for all coins and that was what we were getting. The price was not fixed. This was another messed up thing that happened during this morning and people ended up getting less blocks for their alts. Meaning More Alts for the faundation.
Now if you wanted to start with the wrong foot you did it. Now it looks shady....unfortunately.
Plus there is the 10% discount mess up. Plus Xcash mess up. Plus XST people sayng they were not able to buy in from the beginning.
You have many things now where the fudders can fud UNFORTUNATELY.
UNPROFESSIONAL.
Here are the latest updates from Coingateway
An update from CoinGateway:
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Coingateway has about 40 tickets in-process for payments.
Once those are done, they will do the 10% payouts.
This is likely (but not certain) to happen at around 21:00GMT (5pm EST).
Update on CoinGateway's pricing algorithm:
Quote
we looked at volume and set a btc amount
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
but [the algorithm] is confidential tho i rather not disclose that
let say Bitswift for example
we look at what it takes to buy 0.2 btc worth of bitswift and average the price around that
differnet alt usually have different btc volume equivalent depending on their volume
Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
October 29, 2014, 01:58:08 PM
Please answer my question.
Is it not possible to buy with 10% off anymore?
Is it not possible to buy with 10% off anymore?
It is not possible, because CoinGateway has sold out of BLOCK, and no altcoin:BLOCK pairings are available.
It is now only possible to buy BLOCK using BTC, at Bittrex, Polo, or Bter.
Yes, it sucks. Little regard was given to those who hold Xc or the other blocknet affliates.
Get some perspective:
We gave immense regard to XC holders. You had a chance to buy BLOCK with XC when almost all ITOs are only paired with BTC.
First come first serve.
You MUST talk to poloniex asap to close BLOCK market. Wtf are they doing allowing people to sell?
October 29, 2014, 01:56:52 PM
Please answer my question.
Is it not possible to buy with 10% off anymore?
Is it not possible to buy with 10% off anymore?
It is not possible, because CoinGateway has sold out of BLOCK, and no altcoin:BLOCK pairings are available.
It is now only possible to buy BLOCK using BTC, at Bittrex, Polo, or Bter.
Yes, it sucks. Little regard was given to those who hold Xc or the other blocknet affliates.
Get some perspective:
We gave immense regard to XC holders. You had a chance to buy BLOCK with XC when almost all ITOs are only paired with BTC.
First come first serve.
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