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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 388. (Read 1103311 times)

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
I want an answer to this.

Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 


And I also want to know why the SWIFT -> BLOCK exchange rate was NOWHERE near an average price.

+1,000,000

Why was it valued on the dump? Why not the recent average? Some people were stocking up well in advance of the ITO. They got the shaft, especially when they were holding through the dumps based on claims that an average would be used.



The value of an "average price" depends entirely on one's algorithm for determining the average.

So "nowhere near an average price" is strictly incorrect.

sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
This is a retarded term:

* The ITO must raise 850 BTC total across all exchanges to be considered a success.

WTF is this? Bittrex, get serious will you?


That is the minimum amount (that we determined ourselves) in order for the project to go ahead.



Oh, sorry, so it's not their rule, that rule was determined by you.

Ok, by bad
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
This is a retarded term:

* The ITO must raise 850 BTC total across all exchanges to be considered a success.

WTF is this? Bittrex, get serious will you?


That is the minimum amount (that we determined ourselves) in order for the project to go ahead.

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
is stealth still part of blocknet?

Why wouldn't they be?

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Any idea when are we going to be able to withdraw blocknet from bittrex?


Well you first need a wallet to withdraw the coins or tokens or whatever they call it. There is no wallet yet.

Well, getting 2500 BTC in the name of the claim that they will start developing the blocknet once they get the funds.

I see blocknet it's not selling like hot cakes, as the ones behind it expected, because people are starting to wake up to these scams. It was about time !

Jimmy Zed

Huh?

There is a wallet. Look at the OP, or the website.

And the Blocknet is selling fast. 700 BTC in the first 7 hours.

The ITO lasts 7 days and we're selling a maximum of 2500 BTC worth of BLOCK. All's pretty healthy here.

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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).



hero member
Activity: 742
Merit: 500
I want an answer to this.

Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 


And I also want to know why the SWIFT -> BLOCK exchange rate was NOWHERE near an average price.

+1,000,000

Why was it valued on the dump? Why not the recent average? Some people were stocking up well in advance of the ITO. They got the shaft, especially when they were holding through the dumps based on claims that an average would be used.

member
Activity: 112
Merit: 10
Any idea when are we going to be able to withdraw blocknet from bittrex?


Well you first need a wallet to withdraw the coins or tokens or whatever they call it. There is no wallet yet.

Getting 2500 BTC in the name of the claim that they will start developing the blocknet once they get the funds - not a bad job if you can get it.

I see blocknet it's not selling like hot cakes, as the ones behind it expected, because people are starting to wake up to these scams. It was about time !

Jimmy Zed
legendary
Activity: 1092
Merit: 1000
Privet transactions...

How do you achieve privet transactions on the blockchain?

Or are the transactions as privet as bitcoin?
look into librexcoin's innovation for anon

Ok, i know all about Zerocoin/Zerocash.

Do you expect me to be impressed with using this tech?

Zerocash has major problems with scalability.  Blockchain bloat from using Zero would destroy Moors law and make it unrealistic for mass adoption in the long run.

So i guess, blocknet uses librexcoin's blockchain for it's anon transactions? If so, i see librecoin as a liability for blocknet...

Why not use Darkcoin/Darksend?



XC's privacy tech is unrivalled.

XC private payments will be made a service on the Blocknet.

- does this to a blockchain (and somewhat reduces bloat due to atomic multiparty transactions):


That's a lovely picture for me to look at and supposedly be amazed, as my tiny little brain can't handle the awesomeness of XC's blockchain mixing.

Is the code open for me to look at? Are there any independent reviews I can read?

This is pretty important if you are claiming anonymity.
hero member
Activity: 784
Merit: 502
I bought BLOCK with SWIFT and it gave me an exchange of 0.000133.

That was close to the trading price at the time, but nowhere close to the recent average. SWIFT dumped like crazy yesterday. Why was the price not an average based on history as promised.

If SWIFT had pumped would it have been more valuable? There really seems to be something wrong here. I've seen others complain but were ignored.

Also, this ignores the 10% discount, which couldn't have been applied.


Amen brother.  

Please explain this.
hero member
Activity: 784
Merit: 502
I want an answer to this.

Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 


And I also want to know why the SWIFT -> BLOCK exchange rate was NOWHERE near an average price.
hero member
Activity: 656
Merit: 500
Don't Trust Words
Any idea when are we going to be able to withdraw blocknet from bittrex?


 Smiley

Bittrex ITO rules

Bittrex will be hosting the Blocknet ITO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ITO; no other conditions are required.

* We will review the wallet before initially adding it.
* Bittrex will host 3,400,000.00 of 10,000,000 total coins at a price of 0.00025 the ITO will value 2500 BTC across all exchanges.
* The ITO will run for 7 days beginning October 29, 2014 at 5am PDT and ending on November 5th 23:59:59 PDT
* The ITO must raise 850 BTC total across all exchanges to be considered a success.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ITO is over we will verify there is working wallet, blockchain, and block explorer.
* ITO payment will be in a lump sum to Blocknet within 7 days after the ITO ends.
* No trading of the coin will be allowed until the ITO ends and escrow is released.
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ITO, you are agreeing to the above terms.
sr. member
Activity: 280
Merit: 250
NOT FUD! FACTS!
Any idea when are we going to be able to withdraw blocknet from bittrex?
hero member
Activity: 656
Merit: 500
Don't Trust Words
full member
Activity: 178
Merit: 100
allcoin.ca
Hi,

I'm Mark @ Allcoin.com.

We've added BLOCK/BTC market. You can deposit BLOCK and withdraw BLOCK on AllCoin.Com.

https://www.allcoin.com/trade/BLOCK_BTC
full member
Activity: 238
Merit: 100
So people are selling their coins for blocknet  ITO
Selling few thousands for few hundred of blocknet
Why ??
People think blocknet price will get to $10, $20, $50 ??
By 2015.

I doubt it but if it did, that would be amazing and lots of people will be rich!  Cant see it happening as early as next year however.

So better to hold large quantity of coins than few thousand of blocknet
Because if coins value goes up to $1 it's worth more than blocknet
hero member
Activity: 784
Merit: 502
Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 
hero member
Activity: 532
Merit: 500
I bought BLOCK with SWIFT and it gave me an exchange of 0.000133.

That was close to the trading price at the time, but nowhere close to the recent average. SWIFT dumped like crazy yesterday. Why was the price not an average based on history as promised.

If SWIFT had pumped would it have been more valuable? There really seems to be something wrong here. I've seen others complain but were ignored.

Also, this ignores the 10% discount, which couldn't have been applied.


I traded in 458 XC i bought on these latest dips.  At current rate (0.00068735 sats) those 458 are worth about 0.3148063 btc.  I got 1309.19364842 BLOCKS from those 458 XC.  

If I sold my XC and bought BLOCKS at 25,000 sats with my 0.3148063 btc, I would only get 1256.07713700 BLOCKS so I did a little better buying with XC.

BUT

10% discount on 25,000 sats is 22,500 sats per BLOCK.  That means I should of earned 1395 +/- blocks.  So I was about 85 blocks short on my XC trade in.

I had bought extra Fibre and Apex to trade in as well and missed those trades.  Now I need to hold or sell them to get more Blocks.
legendary
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
This 10% is a bad, bad idea. Source of:
- constant disputes if someone got discount or not,
- dumping at Poloniex,
- uncertainty to buy on Bittrex when there are cheap Blocks elsewhere.
Everything would go much smoother if there was no damned discount.
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