Blocknet. What's going on? | Bitcointalksearch.org

Flux0z

member

Activity: 406

Merit: 10

Quote from: Questat on February 20, 2020, 01:33:45 AM

Since you have been following it, you are the only one that can say if it's still worth investing or not.
I don't have in depth knowledge about the project but looking on the basic information of the project, I think it will be hard to rise again since it's trading volume is already very low now.

It was only special when Bittrex was one of the best exchange in the market, but it's status now has dropped, so I think this project needs to be listed in a big exchange like Binance before it will rise again.

You're too narrow minded here.. The big exchanges might be ruling the game NOW, but don't kid yourself, it wont be like that forever, since governments wants to regulate the markets harder and harder, making the life of daily traders a pity. We never had KYC in the past, everything was fine and dandy. Take notice of how many complaints we're seeing from this alone.

Shapeshift lost 95% of it's business after integrated KYC! Coincidence? NO

Decentralized exchanges is here for a reason, because we want freedom, and privacy.

Quote from: Ucy on February 20, 2020, 08:25:32 AM

Quote from: Questat on February 20, 2020, 01:33:45 AM

Since you have been following it, you are the only one that can say if it's still worth investing or not.
I don't have in depth knowledge about the project but looking on the basic information of the project, I think it will be hard to rise again since it's trading volume is already very low now.

It was only special when Bittrex was one of the best exchange in the market, but it's status now has dropped, so I think this project needs to be listed in a big exchange like Binance before it will rise again.

I have heard alot about the decentralized exchange but I hardly see people recommend it outside of this forum thesedays. I watched some of their videos but wasn't too impressed by the complicated tutorials. Besides, the heavy downloads could discourage lots of people. Hopefully they make it more simple and easy to use in the future.

Blocknet is soon releasing their multi currency wallet, which eliminates the need to download the blockchains before trading. It's currently in Alpha testing, however it will make the whole experience much much smoother.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

Quote from: Questat on February 20, 2020, 01:33:45 AM

Since you have been following it, you are the only one that can say if it's still worth investing or not.
I don't have in depth knowledge about the project but looking on the basic information of the project, I think it will be hard to rise again since it's trading volume is already very low now.

It was only special when Bittrex was one of the best exchange in the market, but it's status now has dropped, so I think this project needs to be listed in a big exchange like Binance before it will rise again.

I have heard alot about the decentralized exchange but I hardly see people recommend it outside of this forum thesedays. I watched some of their videos but wasn't too impressed by the complicated tutorials. Besides, the heavy downloads could discourage lots of people. Hopefully they make it more simple and easy to use in the future.

Questat

hero member

Activity: 2982

Merit: 610

Since you have been following it, you are the only one that can say if it's still worth investing or not.
I don't have in depth knowledge about the project but looking on the basic information of the project, I think it will be hard to rise again since it's trading volume is already very low now.

It was only special when Bittrex was one of the best exchange in the market, but it's status now has dropped, so I think this project needs to be listed in a big exchange like Binance before it will rise again.

maxreish

sr. member

Activity: 1330

Merit: 326

It does improves well today. For the update, Blocknet increase it's performance to 4.8%. If you are some kind of a holder from last month, it gives you some profits now. You know that altcoins like blocknet can still perform well like any other altcoins existing in the market. It's just that, blocknet platform's isn't that widely used and investors haven't got interestes to buy this coin.

So it is quite disappointment that from 2018 it costs $53.10 (according to CMC) and now jist $2.4.

GucciBoy

jr. member

Activity: 196

Merit: 6

Quote from: boltz on January 31, 2020, 12:44:55 PM

Well blocknet just had its superblock reward vote on-going for the last 2 weeks and now we're gonna assist a new blocknet that will burst in price for sure this year. The community is stronger than never, DAPPS are coming out, their DEX is one of the best and I think a new big exchange is on the move for Blocknet ...I have this feeling that besides Bittrex they will come out with something big and list BLOCK to another BIG exchange.

Next superblock is in about 40 hours, so based on that we could see a new influx of hype around the community, making the price rise further, all depends on the rest of the market I guess.

Marckolind

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Activity: 352

Merit: 3

Quote from: ?? on ??

I don't know these days about these old projects. Just because they've been in existence for more than 5 years doesn't mean they've been actively developing for 5 years. Just look at Dogecoin to understand how one of the oldest active altcoins hasn't had much done to it in what almost 3 years now? Maybe it's not ready maybe it never will be but yeah, age isn't much of a meaning in crypto if it doesn't have active users.

Comparing a meme coin with a project that actually HAS had active development for the past 5 years is out of this world man. Blocknet developed and launched the first DEX in the world. The community is very active, and the devs is delivering on everything they've promised thus far.

Do some research, it's not a coincidence it pumped 300% just recently. Wink

Flux0z

member

Activity: 406

Merit: 10

Quote from: Karto on February 11, 2020, 11:08:45 PM

yea the BLOCKNET was an easy gamble
so many threads on this forum talked about this project for the last few months but i ignored it and missed that opportunity
i wont enter now for sure afte that x5
too risky
however there is a lot of room to go up too

I honestly believe it will re-enter Coinmarketcap's top 100 very soon. A few partnerships could catapult this up along with Chainlink, since they work on the exact same thing, PLUS have a DEX going for them on top of it, along with other things.

I could easily see BLOCK hit $100 eventually with a 1 billion marketcap, you gotta consider that BLOCK is listed on decent exchanges as well, definitely not a "shit coin" by any means.

Karto

full member

Activity: 280

Merit: 100

yea the BLOCKNET was an easy gamble
so many threads on this forum talked about this project for the last few months but i ignored it and missed that opportunity
i wont enter now for sure afte that x5
too risky
however there is a lot of room to go up too

Wh00re

newbie

Activity: 122

Merit: 0

Quote from: DosManos on January 23, 2020, 05:48:42 PM

it is really difficult question
BLOCK holders will tell you that its a good idea to buy
im neutral about it so i can tell you that - its a gamble
you can earn huge amount of money and you can lose

i really dont feel comfortable to invest in this project more than 100$
but can't say not to invest because it really can make you lucky

$100 in a small cap project like BLOCK could easily be 10x'ed if not 50x'ed next bullrun. The charts is looking pretty bullish, got 2 runs, and now seeking support. There isn't much resistance to be honest, so it could easily fly above 50k satoshi again, and from there the sky is the limit.
Blocknet has been evaluated at 700k satoshi in the past, with less going for it, than today..

You do the math Wink

Marckolind

jr. member

Activity: 352

Merit: 3

So it seems like Blocknet's new "Comet Update" enables node owners to STAKE their collateral as well!

Quote

Staking & Network Improvements
While the migration to Bitcoin’s v18 codebase brings with it security and network stability, the majority of the improvements will be coming from the decision to move to a single tier block reward system and moving the Service Node list to being on-chain (more on that in the Service Node section below).
As it currently stands with our double tier block reward system, the staker earns 30% of the block reward (0.3 BLOCK) and the Service Nodes earn 70% of the block reward (0.7 BLOCK). There are three primary issues with this setup.
The first issue is that for this system to function it relies on a Service Nodes list as part of the consensus protocol. This means the blockchain requires a non-blockchain based side chain to operate, opening the doors for significant instability because nobody can agree on the list due to it being off-chain. When nobody can agree on the list it results in forks because the list is part of the consensus model which results in nodes banning each other if they can’t agree.
The second issue is that in this old design Service Nodes weren’t able to stake. Because the collateral for a Service Node is 5k BLOCK and we have over 400 nodes, this greatly reduces the security of the network.

Source: https://blocknet.co/introducing-blocknet-comet-mandatory-update/

Pretty interesting, and I really wonder if this will tricker people to buy up nodes again to profit from:

Masternode rewards + Staking rewards
DEX trading fees
Decentralized Oracle Network Fees (XRouter)

This could be one of the triggers for the latest movement, question is, will it keep going up?

GucciBoy

jr. member

Activity: 196

Merit: 6

Quote from: stomachgrowls on January 31, 2020, 12:54:02 PM

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

Been following Blocknet for a while, (I know there is already a running thread about it, sorry), and the recent price move the past week is pretty crazy. 150%, expected a huge dump, but it seems like the buy pressure is still on-going. Been watching the order books, and have seen multiple 5k BLOCK orders appearing on the buy side.

This project is "old" from 2014, but they focus on decentralization mainly, which have been talked about over and over and over the past 6 months here and, on Reddit.
Everyone is sick and tired of centralization, but is THAT the reason why the price moved this much?
Their DEX is one thing, they've got first mover advantage on that, and their nodes will profit off of trading fees, but the most exciting part is their decentralized oracle network (XRouter), which is in beta at this stage. You can pull blockchain data from it through their Discord server, which is pretty cool...

Thoughts? Is it still a good buy, considering it's top was $55?

Better secure yourself and avoid on getting FOMOed.I believe this is already the peak and dont get yourself caught if it do immediately dump.

Dont know on whats the reason behind but you can read it for yourself regarding on updates.
https://www.coinfi.com/news/blocknet
https://blocknet.co/blog/
https://twitter.com/The_Blocknet
https://discordapp.com/invite/2e6s7H8

True. FOMO is the worst thing you can do. The chart does look extremely bullish though, so it wouldn't surprise me if the price exceeds 25k sat within the next few days, as it did touch 28k just recently.

More and more people seem to want to get in on the next bull cycle, securing a node to cash in on DEX trading fees, no wonder when the DEX itself surpassed a daily volume of more than $100,000 just a few days ago.

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

Been following Blocknet for a while, (I know there is already a running thread about it, sorry), and the recent price move the past week is pretty crazy. 150%, expected a huge dump, but it seems like the buy pressure is still on-going. Been watching the order books, and have seen multiple 5k BLOCK orders appearing on the buy side.

This project is "old" from 2014, but they focus on decentralization mainly, which have been talked about over and over and over the past 6 months here and, on Reddit.
Everyone is sick and tired of centralization, but is THAT the reason why the price moved this much?
Their DEX is one thing, they've got first mover advantage on that, and their nodes will profit off of trading fees, but the most exciting part is their decentralized oracle network (XRouter), which is in beta at this stage. You can pull blockchain data from it through their Discord server, which is pretty cool...

Thoughts? Is it still a good buy, considering it's top was $55?

Better secure yourself and avoid on getting FOMOed.I believe this is already the peak and dont get yourself caught if it do immediately dump.

Dont know on whats the reason behind but you can read it for yourself regarding on updates.
https://www.coinfi.com/news/blocknet
https://blocknet.co/blog/
https://twitter.com/The_Blocknet
https://discordapp.com/invite/2e6s7H8

boltz

legendary

Activity: 3346

Merit: 1203

Well blocknet just had its superblock reward vote on-going for the last 2 weeks and now we're gonna assist a new blocknet that will burst in price for sure this year. The community is stronger than never, DAPPS are coming out, their DEX is one of the best and I think a new big exchange is on the move for Blocknet ...I have this feeling that besides Bittrex they will come out with something big and list BLOCK to another BIG exchange.

Flux0z

member

Activity: 406

Merit: 10

Quote from: Wh00re on January 29, 2020, 07:38:40 PM

Quote from: CjMapope on January 25, 2020, 12:37:56 AM

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

Been following Blocknet for a while, (I know there is already a running thread about it, sorry), and the recent price move the past week is pretty crazy. 150%, expected a huge dump, but it seems like the buy pressure is still on-going. Been watching the order books, and have seen multiple 5k BLOCK orders appearing on the buy side.

This project is "old" from 2014, but they focus on decentralization mainly, which have been talked about over and over and over the past 6 months here and, on Reddit.
Everyone is sick and tired of centralization, but is THAT the reason why the price moved this much?
Their DEX is one thing, they've got first mover advantage on that, and their nodes will profit off of trading fees, but the most exciting part is their decentralized oracle network (XRouter), which is in beta at this stage. You can pull blockchain data from it through their Discord server, which is pretty cool...

Thoughts? Is it still a good buy, considering it's top was $55?

i dont think it will hit a new ATH or anything, but the "Dex Hype" is still real man, should grow still
You, and a few others are really hooked on it it seems, tho personally i think ANY dex that just does it right will win
I look forward to platforms competing for this space in the next year or two Cheesy

Maybe users will get more kickbacks hehe

Most "DEX's" out there is not truly decentralized though.

Bianance DEX
IDEX
Bisq
Waves DEX

And the list goes on... So easy to fool everyone, by just using the word "DEX" next to your name, to capitalize on the hype, and gain exposure. Blocknet was the first, and to this date the most decentralized DEX out there. Don't get me wrong, I'd love to see more competition as well, as most DEX's lacks liquidity and overall users, long term it's a good bet though.

While a LOT of "DEX's" isn't truly decentralized I believe competition is nice. The best possible scenario is not ONE ruling DEX, but a LOT of DEX's. Through DEX API's you'll be able to access them all eventually anyway, making the whole concept extremely decentralized. Wink

Wh00re

newbie

Activity: 122

Merit: 0

Quote from: CjMapope on January 25, 2020, 12:37:56 AM

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

Been following Blocknet for a while, (I know there is already a running thread about it, sorry), and the recent price move the past week is pretty crazy. 150%, expected a huge dump, but it seems like the buy pressure is still on-going. Been watching the order books, and have seen multiple 5k BLOCK orders appearing on the buy side.

This project is "old" from 2014, but they focus on decentralization mainly, which have been talked about over and over and over the past 6 months here and, on Reddit.
Everyone is sick and tired of centralization, but is THAT the reason why the price moved this much?
Their DEX is one thing, they've got first mover advantage on that, and their nodes will profit off of trading fees, but the most exciting part is their decentralized oracle network (XRouter), which is in beta at this stage. You can pull blockchain data from it through their Discord server, which is pretty cool...

Thoughts? Is it still a good buy, considering it's top was $55?

i dont think it will hit a new ATH or anything, but the "Dex Hype" is still real man, should grow still
You, and a few others are really hooked on it it seems, tho personally i think ANY dex that just does it right will win
I look forward to platforms competing for this space in the next year or two Cheesy

Maybe users will get more kickbacks hehe

Most "DEX's" out there is not truly decentralized though.

Bianance DEX
IDEX
Bisq
Waves DEX

And the list goes on... So easy to fool everyone, by just using the word "DEX" next to your name, to capitalize on the hype, and gain exposure. Blocknet was the first, and to this date the most decentralized DEX out there. Don't get me wrong, I'd love to see more competition as well, as most DEX's lacks liquidity and overall users, long term it's a good bet though.

Vantage Crypto

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Revolutionizing the way the world views crypto.

Are you using vcdepth.io for market depth?

CjMapope

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~Full-Time Minter since 2016~

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

Been following Blocknet for a while, (I know there is already a running thread about it, sorry), and the recent price move the past week is pretty crazy. 150%, expected a huge dump, but it seems like the buy pressure is still on-going. Been watching the order books, and have seen multiple 5k BLOCK orders appearing on the buy side.

This project is "old" from 2014, but they focus on decentralization mainly, which have been talked about over and over and over the past 6 months here and, on Reddit.
Everyone is sick and tired of centralization, but is THAT the reason why the price moved this much?
Their DEX is one thing, they've got first mover advantage on that, and their nodes will profit off of trading fees, but the most exciting part is their decentralized oracle network (XRouter), which is in beta at this stage. You can pull blockchain data from it through their Discord server, which is pretty cool...

Thoughts? Is it still a good buy, considering it's top was $55?

i dont think it will hit a new ATH or anything, but the "Dex Hype" is still real man, should grow still
You, and a few others are really hooked on it it seems, tho personally i think ANY dex that just does it right will win
I look forward to platforms competing for this space in the next year or two Cheesy

Maybe users will get more kickbacks hehe

boltz

legendary

Activity: 3346

Merit: 1203

I think the hype around blocknet has real reason to be here as the devs work so hard on this coin for over 3 years. Besides this I know that this is the last day to make your Government vote and you need 1 masternode to vote so this is another reason why blocknet price is not under 1$ any longer...this will no longer let new comers into blocknet to buy a cheap masternode and then cast their vote.

Flux0z

member

Activity: 406

Merit: 10

Quote from: o48o on January 24, 2020, 05:25:32 AM

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

I personally think that it might be just right time for people investing to old and cheap coins again that have been moving sideways for a while now. Maybe bottom has been seen and the real reason for the rise of alts is going to be that investors got their confidence back. Good fundamentals doesn't hurt either.

There is no reason Blocknet shouldn't be in the top 100, which I believe investors have realized about now. A few oracle partnerships, and this project is flying straight to top 50 given the fact that they are first movers on DEX developments as well.
This is an old project from 2014, so they've had more time to develop than most other projects, which is why I predict it could easily reach $100+

o48o

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Leading Crypto Sports Betting & Casino Platform

Quote from: Flux0z on January 23, 2020, 01:08:29 PM

I personally think that it might be just right time for people investing to old and cheap coins again that have been moving sideways for a while now. Maybe bottom has been seen and the real reason for the rise of alts is going to be that investors got their confidence back. Good fundamentals doesn't hurt either.

Topic: Blocknet. What's going on? (Read 309 times)