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Topic: [SCAM] Blocknet - page 5. (Read 11090 times)
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Dan Metcalf has done more for crypto then these clowns will ever think of.
I will say I was impressed by the way Dan came out and let everyone know who he was from the start. This was a great improvement on developers being anonymous.While I agree that if a developer is building a closed sourced coin (or "delayed open source") with a premine public non anonymous is best. Open sourced non premine anonymous is fine.
Dan is cashing in on his accomplishments from 15 or 20 years ago and trying to turn himself into a celebrity developer with little to no proof of his competence in crypto development. He even lists himself as the CEO of a his currency. (Let that sink in. CEO of a cryptocurrency)
Obviously his premine ran out and he needed to raise more money hence block net. I seriously doubt he has any financial stake in XC anymore with all the latest dumping. Why should he?
I fully expect lots of bellyaching from block net when he runs out of money on that project. Paying for someone's steak dinners and first class tickets while they dump their premine on you and move on to other projects may not be considered a scam in the crypto community. But in most sectors that is exactly what it would be called.
Can you point me to something specific he has done besides pump shitcoins and made claims to his closed sourced releases for the last months that no one can verify to back up your claim on his contributions?
Since they deleted my comment in the moderated thread I'm going to prost it here on why not to invest.
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1 - SuperNET price on the 30 day chart. http://coinmarketcap.com/assets/supernet-unity/
2 - BlockNET has significantly less going for it in terms of successful developers who have created wealth for their hodlers than SuperNET (Look at jl777's assets vs XCurrency).
3 - If you dig in deep enough there's very little at the core except an exchange between the wallets of all the participating currencies. A decentralized exchange will be built before these projects are complete that offer access to most currencies (not just the limited set each project has chosen)
2 - BlockNET has significantly less going for it in terms of successful developers who have created wealth for their hodlers than SuperNET (Look at jl777's assets vs XCurrency).
3 - If you dig in deep enough there's very little at the core except an exchange between the wallets of all the participating currencies. A decentralized exchange will be built before these projects are complete that offer access to most currencies (not just the limited set each project has chosen)
I bought some Blocknet. I have bought many many alt coins at different times.. 
The thing is, every time I buy an alt coin, I'm prepared to lose whatever I invest should things not work out.
Bitcoin is a specultaive investment. All alt coins are even more speculative.
The Blocknet is a project that may or may not work, but at least I know who Dan Metcalf is. He has been open from the start and I have seen no evidence that he is a scammer. None.
But as I said , at the end of the day this is a speculative project, and I wish them good luck with it.
The thing is, every time I buy an alt coin, I'm prepared to lose whatever I invest should things not work out.
Bitcoin is a specultaive investment. All alt coins are even more speculative.
The Blocknet is a project that may or may not work, but at least I know who Dan Metcalf is. He has been open from the start and I have seen no evidence that he is a scammer. None.
But as I said , at the end of the day this is a speculative project, and I wish them good luck with it.
Dan Metcalf has done more for crypto then these clowns will ever think of.
I will say I was impressed by the way Dan came out and let everyone know who he was from the start. This was a great improvement on developers being anonymous.Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the
But your own membership here started just over one month ago. 
I hope it's obvious people should be cautious about that Blocknet project ....i heard more than enough to stay way 
Yes..well people should be cautious about any crypto coin, shouldn't they?Or are there some that require no caution?
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scam
/skam/
noun
informal
noun: scam; plural noun: scams
1.
a dishonest scheme; a fraud.
"an insurance scam"
synonyms:
fraud, swindle, fraudulent scheme, racket, trick, diddle; More
informalcon, con trick, flimflam, gyp, kite;
"
/skam/
noun
informal
noun: scam; plural noun: scams
1.
a dishonest scheme; a fraud.
"an insurance scam"
synonyms:
fraud, swindle, fraudulent scheme, racket, trick, diddle; More
informalcon, con trick, flimflam, gyp, kite;
"
Here is the definition of the word "scam".
can you tell us what evidence you have it is a scam.
Look at this chart. their devs fucked over the original hodlers HARD.
not only are they screwing people out of bitcoins. they took allvalue illusion of value in their original coin (their developer, their promises) and moved it to blocknet.
people getting ****** in every single hole
not to mention they delete ANYTHING that doesn't line up with their goals. following messages were deleted.
Free volume for premine -> blocknet -> bitcoin. People seem to miss the volume aspect of economics when devs own pre-mine they can't easily unload
not only are they screwing people out of bitcoins. they took all
people getting ****** in every single hole
not to mention they delete ANYTHING that doesn't line up with their goals. following messages were deleted.
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Devs of coins on Blocknet is buying BLOCKS, because is free money for them, when the markets its open, they gonna dump in your head.
Free volume for premine -> blocknet -> bitcoin. People seem to miss the volume aspect of economics when devs own pre-mine they can't easily unload
Let's keep idle conspiracy theorising to a minimum here folks.
It's indistinguishable from FUD, and equally fruitless.
It's indistinguishable from FUD, and equally fruitless.
Perhaps it is fruitless or it doesn't align with your end goals.
But it is not fruitless to come up with theories that get closer to the truth.
I hate your self moderated bull**** threads.
you do realize that all the top anon coins have experienced a serious drop off recently right fucktard? XC is definitely not the only one if you've been following the market closely DRK, XMR, BTCD ...yea they are doing amazing right!!! Poor argument and as a matter of fact, this entire thread is a laughably poor excuse to FUD XC and the Blocknet. Almost every single argument here has been talked about already, so in fact you guys bring nothing new to the table. Any investor who has been there since May could easily filter out all the bullshit and lies in this thread.
Come on guys pick it up!!!
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yep and atcsecure is the first who dares to drag in a legit company and pretend to be someone else. Fraud. This will backfire really hard.
whoa whoa whoa - what company has he dragged in?
https://www.linkedin.com/pub/dan-metcalf/12/1a8/b82
lol he listed himself as ceo of xc
these clowns also ripped off a bunch of people in a pre-order ASIC scam.
https://bitcointalksearch.org/topic/jasinlee-one-of-xcs-team-members-is-a-master-fraudster-770801
*SMH*
(just found it doing a google)
yep and atcsecure is the first who dares to drag in a legit company and pretend to be someone else. Fraud. This will backfire really hard. https://bitcointalksearch.org/topic/jasinlee-one-of-xcs-team-members-is-a-master-fraudster-770801
*SMH*
(just found it doing a google)
Fudding a coin is good news, it means it has potential, all coins that has been fudded on a bigger scale have exploded. Keep up the good work guys
fuddin' is fun. don't read 2 much into it
these clowns also ripped off a bunch of people in a pre-order ASIC scam.
https://bitcointalksearch.org/topic/jasinlee-one-of-xcs-team-members-is-a-master-fraudster-770801
*SMH*
(just found it doing a google)
https://bitcointalksearch.org/topic/jasinlee-one-of-xcs-team-members-is-a-master-fraudster-770801
*SMH*
(just found it doing a google)
Fudding a coin is good news, it means it has potential, all coins that has been fudded on a bigger scale have exploded. Keep up the good work guys
Who even believes this Spoetnik clown?
Atleast try to get your facts right before you try create some fud.
LOL
Atleast try to get your facts right before you try create some fud.
LOL
its not hard to believe at all that some stupid fucking 'blockchain of blockchains' are scams.
Who even believes this Spoetnik clown?
Atleast try to get your facts right before you try create some fud.
LOL
Atleast try to get your facts right before you try create some fud.
LOL
Look at this chart. their devs fucked over the original hodlers HARD.
not only are they screwing people out of bitcoins. they took allvalue illusion of value in their original coin (their developer, their promises) and moved it to blocknet.
people getting ****** in every single hole
not to mention they delete ANYTHING that doesn't line up with their goals. following messages were deleted.
Perhaps it is fruitless or it doesn't align with your end goals.
But it is not fruitless to come up with theories that get closer to the truth.
I hate your self moderated bull**** threads.
not only are they screwing people out of bitcoins. they took all
people getting ****** in every single hole
not to mention they delete ANYTHING that doesn't line up with their goals. following messages were deleted.
Let's keep idle conspiracy theorising to a minimum here folks.
It's indistinguishable from FUD, and equally fruitless.
It's indistinguishable from FUD, and equally fruitless.
Perhaps it is fruitless or it doesn't align with your end goals.
But it is not fruitless to come up with theories that get closer to the truth.
I hate your self moderated bull**** threads.
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it wouldn't matter if the concept is good the presentation and development is simply atrocious ..even for this place where scams coins are legendary LOL
*Sigh* Yeah ... well. XCurrency fell from like #15 on the altcoin list to #25 in response to the developers moving on to a new project.
some people were smart - rumor has it a whale is pressuring Dan (lead dev) to pump the coin as much as possible so he can unload. got a feeling that was what the blocknet was about and the drop from 15 -> 25 was the whale unloading after there was some buy pressure.
how can u said blocknet scam?? i think blocknet is amazing idea
Posted in a place that permits scams asking for up to 900k in money to finish off a closed source project with no white paper on an IPO..
posting a fucking jpeg in the ANN forum is not a very professional business move and neither is taking a million cash from investors with no clear cut goals / specs.
you guys are being dumb ..good luck with that
it wouldn't matter if the concept is good the presentation and development is simply atrocious ..even for this place where scams coins are legendary LOL
NEWS:
I am running a master class in breathing and tying shoes soon too
and i will upload some Youtube videos on how to use a Fork.. i will expect my 2000 BTC IPO for it also
edit:
what is wrong with hiring a baby sitter ? nothing but your doing it on the Nambla forum.
THAT is Bitcointalk. (Altcoin ANN section specifically)
guy on Polo chat said there was like 842 BTC left available to buy
minus 2500 (max ITO amount requested)
then used currency calculator at http://bitcoinexchangerate.org/c/USD/0
edit:
That is possibly a rather expensive ANN jpeg/pdf some of you are buying LOL
minus 2500 (max ITO amount requested)
then used currency calculator at http://bitcoinexchangerate.org/c/USD/0
edit:
That is possibly a rather expensive ANN jpeg/pdf some of you are buying LOL
so they have raised so far $576,443.43 usd
where'd you get that info?
so they have raised so far $576,443.43 usd