How much development does a million bucks buy you in an ICO? Answer inside

KickAzzDude

hero member

Activity: 519

Merit: 500

Quote from: Come-In-Behind on November 23, 2014, 07:05:11 PM

So it seems as Blocknet was a 100% bullshit scam indeed. XC is also dead. Thank god I sold my XC and blocknet shares before too much harm was done.

Now there are only 2 anon coins left worth looking at, Monero and Darkcoin. The rest is 100% bullshit.

You forgot SuperCoin, dev finally released the code and it appears the multisig technology is legit and working. New dev will be taking over soon. Keep an eye on it

Propulsion

hero member

Activity: 658

Merit: 500

The Buck Stops Here.

Quote from: ib88 on November 23, 2014, 06:39:53 PM

Show proof to substantiate any of these "facts" and maybe, just maybe, I'll consider wasting my time refuting every single one.

Maybe you should focus your efforts on tracking down jasinlee Grin

The title isn't misleading at all. There is no justification for the IPO when you look at the repository. There is 0 (zero) functioning code.

They raised a ton of money and have produced nothing. You've been scammed.

vanobe

member

Activity: 164

Merit: 37

Quote from: RichardT on November 25, 2014, 12:58:56 PM

Quote from: balu2 on November 24, 2014, 12:58:04 AM

they did not get a million for their ico. Most was selfbuys.

I agree. I'm willing to bet Dan, Prom, and others in their group "bought" a big portion of the ICO. And those BTC's just goes right back to them and now they are probably slowly selling their "bought" tokens to people who are silly enough to buy them.

You mean they had a big fraction of a million before the IPO? Where would they have got it from, other IPOs?

RichardT

sr. member

Activity: 391

Merit: 250

Quote from: balu2 on November 24, 2014, 12:58:04 AM

they did not get a million for their ico. Most was selfbuys.

I agree. I'm willing to bet Dan, Prom, and others in their group "bought" a big portion of the ICO. And those BTC's just goes right back to them and now they are probably slowly selling their "bought" tokens to people who are silly enough to buy them.

balu2

hero member

Activity: 742

Merit: 500

they did not get a million for their ico. Most was selfbuys.

stealth923

legendary

Activity: 1036

Merit: 1000

Quote from: Come-In-Behind on November 23, 2014, 07:05:11 PM

So it seems as Blocknet was a 100% bullshit scam indeed. XC is also dead. Thank god I sold my XC and blocknet shares before too much harm was done.

Now there are only 2 anon coins left worth looking at, Monero and Darkcoin. The rest is 100% bullshit.

Spot on - cant believe how many scams came out copying Dark/Monero and XC was one of them. Copying almost everything from Dark, SuperNet and now BitSwift lol

Feel sorry as there are alot of losers in both XC and Block never to see their investments again.

Alot of people were screaming during the ICO saying it was a scam, they didnt even have anything tangible to show except for a few pretty graphics.

In future I think ICO's can only succeed if they have a prototype or workable demo they can release to the public.

Come-In-Behind

full member

Activity: 182

Merit: 100

So it seems as Blocknet was a 100% bullshit scam indeed. XC is also dead. Thank god I sold my XC and blocknet shares before too much harm was done.

Now there are only 2 anon coins left worth looking at, Monero and Darkcoin. The rest is 100% bullshit.

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: ib88 on November 23, 2014, 06:24:44 PM

Firstly, the ICO raised 950 BTC which is about $350,000

Only ? oh... well 350000$ you can't do anything at all... just take a few vacation at most and not too far from home...
most likely rent a tent to put in the garden... Roll Eyes

(basically, teenage dev run away with the btc and hide in a tent in his parents garden...)

ib88

newbie

Activity: 56

Merit: 0

Show proof to substantiate any of these "facts" and maybe, just maybe, I'll consider wasting my time refuting every single one.

Maybe you should focus your efforts on tracking down jasinlee Grin

kopipe

full member

Activity: 245

Merit: 124

Satoshi wrote the original bitcoin client for free and published the source code for free.

Open source innovation doesn't need money... If this coin was a good idea, someone would have made it for free and then mined because the value of being an early adopter itself would be the reward.

If someone asks for money to develop an altcoin they at best have no faith in their idea and at worst are a scam artist.

UnicornFarts

full member

Activity: 154

Merit: 100

Lol! There's nothing "subtle" needed. I'm a pretty straight shooter unlike most around here

Fact. Dan said others would be working on blocknet. There is no one.

Fact. Xc said it would specifically communicate how premise funds were distributed and they never did. Asking gets you booted.

Fact. Any verifiable proof that blocknet is being actively worked on doesn't exist ... except from a team who can't get their act together and release financials a month after promised.

Maybe you guys should hire me. I might not delete your ideas of trolls , but I could sure as hell do a spreadsheet on who got paid what and rebrand your wallet.

Maybe you'd find this interesting. If nobody buys the FUD from me etc etc check this poll out. The forums best known fudder has more cred than your developer LOL!

https://bitcointalksearch.org/topic/m.9616690

ib88

newbie

Activity: 56

Merit: 0

Firstly, the ICO raised 950 BTC which is about $350,000

Secondly:

Quote from: atcsecure on November 18, 2014, 10:46:26 AM

Hello all,

just wanted to provide an update, due to the amount of noise from the trolls creating FUD to lower the market price, its hard to communicate directly with real blocknet enthusiasts.

As I stated, we will have a test/prototype p2p daemon by the end of the month, if not sooner and with that a clear roadmap and other details regarding this project.

While things may seem to be in a lull currently, it is just part of the process of putting everything in order

I'm available via PM for any questions as its hard to keep up w/ all the noise from trolls.

Dan

Unicornfarts/rdnkjdi if you're gonna dedicate your life to fudding XC and blocknet at least be subtle if you want people to fall for it.

smalltimer

sr. member

Activity: 252

Merit: 250

did you expect developement on that one? hahahaha

UnicornFarts

full member

Activity: 154

Merit: 100

Quote from: othe on November 23, 2014, 03:20:22 PM

Pay 2 Million more and they might even change Bitswift in the README to Blocknet.

https://github.com/atcsecure/blocknet/tree/master/doc

"bitswift v1.0.0.0
Distributed under the MIT/X11 software license, see the accompanying
file license.txt or http://www.opensource.org/licenses/mit-license.php."

Lol ud think they would try harder. As much time as they spend censoring

EvilDave

hero member

Activity: 854

Merit: 1001

This looks to me as if they haven't done anything at all on the code for 19 days....or if they have done anything, then they are keeping their new code very well hidden somewhere else (in keeping with XC/BlockNets ethos of honesty and transparency Grin

)

othe

hero member

Activity: 532

Merit: 500

Pay 2 Million more and they might even change Bitswift in the README to Blocknet.

https://github.com/atcsecure/blocknet/tree/master/doc

"bitswift v1.0.0.0
Distributed under the MIT/X11 software license, see the accompanying
file license.txt or http://www.opensource.org/licenses/mit-license.php."

djm34

legendary

Activity: 1400

Merit: 1050

Quote from: UnicornFarts on November 23, 2014, 03:13:59 PM

https://github.com/atcsecure/blocknet?files=1

none, I don't think any ICO which has been able to rise that much ended up with anything except filling the pocket of dev.
(now just look at the standard annual salary of a programmer divide 1M by that... that gives you an idea of what can be done...)

UnicornFarts

full member

Activity: 154

Merit: 100

https://github.com/atcsecure/blocknet?files=1

Topic: How much development does a million bucks buy you in an ICO? Answer inside (Read 1350 times)