Pages:
Author

Topic: [SCAM] BLOCKNET: The Metcalf/Prom Alt-Coin Cartel Scam Exposed (Read 100093 times)

jr. member
Activity: 31
Merit: 1
Blocknet is most certainly not a scam. You can check out the Github activity(https://github.com/BlocknetDX), join the Discord(https://discord.gg/2e6s7H8) and talk with active members and contributors, and/or try out the product yourself which is live on mainnet(https://api.blocknet.co).
newbie
Activity: 1
Merit: 0
Hi everyone. The Blocknet project is seemed interesting to me. But I still don't understand whether it's a scam or not. Why the last message was posted more the a year ago?
newbie
Activity: 2
Merit: 0
Screenshots from the blocknet slack:
https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay".
More than $2.5m At current prices.
Total coins in circulation will increase by 200k.
legendary
Activity: 1256
Merit: 1009
How do they not wind up in jail?  Does anyone know what wound up happening to Jasinlee?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
It doesn't matter what they do.. these guys are slippery eels.
They won't leave and as long as the next scheme gets hyped up and the price increases investards will jump on it.

Ideology is nothing but an obstacle to profits to these hoards of profiteers here.
Which is why this crap can repeat endlessly.
legendary
Activity: 1256
Merit: 1009
Dear lordie in heaven this one again.

So first they premined currency and ripped off the x11 algo.  When presales started getting popular they dumped all their xc premine and moved on the the Blockbet presale.  Which isn't done after a few years AND it was always just a shitty ripoff the Supernet.  The kicker was always that their "privacy tech" was closed sourced.  Dan, their developer was losing his house to bankruptcy.  Arlyn constantly defended Jasinlee who sold fake litecoin miners.  I feel like for sure I'm missing something.  But as rotten apples go I can't say I've seen worse ones.  Why says a helluva lot in the altcoin forums.

Like I don't understand how these guys can keep coming back and still be tolerated.  It's fascinating 
member
Activity: 112
Merit: 10
Quote
Has anyone who thinks this is not a scam in the right mind checked their github activity? There is hardly any activity in the repositories. so where is all the development going on?

This is how projects should be judged. Glad I got out when I did. I'm still in some coins though that might be scam. Will need to watch the eff out
newbie
Activity: 4
Merit: 0
There is so much fud against blocknet.It looks like paid champaign of Blocknets competitors.I think,it happens because blocknet will wlow up the market,with their owerhyped tokens with no use in real life


Has anyone who thinks this is not a scam in the right mind checked their github activity? There is hardly any activity in the repositories. so where is all the development going on?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
There is so much fud against blocknet.It looks like paid champaign of Blocknets competitors.I think,it happens because blocknet will wlow up the market,with their owerhyped tokens with no use in real life

Can we get an English translation please ?
And NOOB who just got here crying FUD for bucks ? ..what the fuck do you know about it ?
Me ? I had the dev demand he was suing me for defamation.
I am still waiting for the lawsuit too.  Grin
Do it you little punk bitch hahahhaha

Cry FUD moar little greedy brats.. see if i care.
YOU are the one who will end up broke later.. not me.  Cool

Did i or did i not just point out how the people supporting it were complaining on the ANN topic ?
Wasn't me doing it because if i say anything he deletes my comment with mass censorship.
Self-Moderated scam coin topic to ensure there is no criticism ever by anyone for any reason.
Monero style  Cheesy
member
Activity: 114
Merit: 10
There is so much fud against blocknet.It looks like paid champaign of Blocknets competitors.I think,it happens because blocknet will wlow up the market,with their owerhyped tokens with no use in real life
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
The ends do not justify the million dollar means though.
And often once the "FUD" is applied it's only THEN do they feel pressure to get anything done.
You guys forget if you don't hold their feet to the fire then usually there is no real effort.
If you let them take a pay check and walk with it they will.
Further more..
It's been said that the dev simply used the money for Blocknet on another project.

It's also an "ICO" which is in itself scammy ..by design.
Don't leap frog over the fact that it was an ICO guys.
ICO's are *NOT* legit by any stretch of the means.
Neither is asking for 1 fucking million god damn dollars for some crypto bullshit.
Did buddy ask for a grand or 2 a month to cover his expenses while coding ?
Did he demand all the money for the entire year up front and in cash ?

You REALLY want to get into this ?

The dev said he had 75% of the code finished before he posted his ANN topic.
Which consisted of a small jpeg image with some bullet points. (no text at all)
Yeah.. a million dollar jpeg is what dumb fucks bought with their BTC  Cheesy

Do you get it ?
Clearly if he had 75% of the code done he didn't need 1 million to do the other 25%.
And i just told you all for the 1,000000000th time he said he needed that "to ensure it's a success".
Which by his own standards he failed at.. because it was never a success and it was spent on another coin project.

But hey, by all means try and loiter around pretending ICO's are legit.
..i won't.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I for one was on here and saying it looked like a scam now. I mean where were they for 2 years and also letting xc get delisted from bittrex. Both are gone from polo. Banning people for asking a few pointed questions or criticising the handling of blocknet and xc.


HOWEVER - as much as i hate recanting my speculations about things. I have to say now that they DO have a working atomic trustless exchange WORKING so they have not just vanished with the funding it would seem.

This has been it seems verified by 3 key people. SYS dev - they are incorping it into their project. Coblee tweeted that LTC has been added to blocknet and has done a trustless exchange and bitbays dev has said that it looks as though they have atomic exchanges working and posted some code that demonstrated it but I couldn't understand it.

So even though I said it was a possible scam and they were acting like scammers by banning me from their thread for calling them out it does seem they are working away and have produced a working DEX and are working away with other developers adding their coins to it.

I don't appreciate XC being dumped because holders of XC deserved better and were promised this would not happen. I have been told though that once Blocknet is up and functioning XC's role will be made clear once again. On that I will wait and see.

Blocknet though is very much for real and IF it comes through in a reasonable time it will be a game changer here and a welcome one at that. If you want a fully trustless arena then DEX's especially atomic exchange DEX's where zero trust is required are essential.

I had dumped a lot  of mine but I have bought back in since the risk reward ratio on blocknet is now favourable imho.

Everyone must always do their own DD of course.

This is not a defense of how they handled this entire thing. I called them pussies for running away from this board because of a few trolls against them from competing projects. I stick to that criticism you can't run away and hide working in secret because investors and the community need a presence here. But they have created a DEX let's all wait and try it out before we cast final judgement.

Although now at this point to call it a scam looks incorrect. They have developed something very important but they need to get a move on.
Blocknet needs to be out asap.

XC must be brought back too in time blocknets roots are from there you can not leave those people in the cold.

Look into it deeply yourselves before deciding either way. I mean the safest way is probably wait until it is fully released but with 3 good devs saying it does work then for me that was enough to get me back on with them for now. The fact sys is incorping it (he is a skilled dev too) and announced this on their project is a good sign. I mean someone of that skill level is not going to announce pure vapour on his thread and it is out in days apparently so this will also be a good indication. I think BAY is going on it soon and I know LTC is already testing as coblee has said.

We all need to call scam when we see hard signs of scams - sometimes and very rarely these are poorly handled projects in terms of pr and not full scams. Let's wait and see before casting full judgement.

I mean look at the top 20 it is riddled with almost working coming soon vapour they are just better at PR.





legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Meanwhile about 2 weeks ago here on the forum i seen guys saying it was scheduled to be delisted from Poloniex.

I ROFL'd  Cheesy

The audacity of the douche asking for a million dollars in BTC sickened me.
I sat on Polo chat as they were gearing up to add it while it had massive drama.
Polo was more than happy to dive on in.. while Bittrex gave some refunds way back.

I asked the dumb prick why he needed 1 million dollars (which apparently is "FUD")
And he said "to ensure it's a success"

They were harassing mod's too back when it launched over my posts.. crying smear campaign.
And i was crying greedy ICO douche cash grab.  Cheesy

Link from back then.. http://www.cryptoarticles.com/crypto-news/chronology-of-the-smear-campaign-against-the-blocknet

Warning = i have no idea who runs that "News" site.

Altcoins  Roll Eyes

Oh and remember how URO was ohhhh so legit back then too ?
Yup piss coin to the MOON'z !!111ONE
legendary
Activity: 1946
Merit: 1000
Tweets on what will shape the token ecosystem's design space



It sounds awesome. But is there a simple one line explanation to break it down in dumb terms for someone like me, maybe with an example.

Jibber jabber.  Jibber jabber.  Key words from existing projects.  Ideas from other vendors.  Stall stall stall.  Collect profits.  Fabulous technology.  Yuge returns.  Rememeber XC?  Nevermind.  Magic unicorns.  Fly into the air.  FLLLLYYYYYYY.

sr. member
Activity: 629
Merit: 258
Blocknet looks like a good project though.
I wish I'd bought some when the price was down to be honest
legendary
Activity: 1946
Merit: 1000
Where are all the 2014 fuders now? Curling up in a ball of embarrassment, thats where.

Incorrect.

I stand by the data I've posted.

Additionally, if anyone wants to use an established and decentralized exchange, try bitsquare.io
newbie
Activity: 40
Merit: 0
Did this project deliver what they promised when they held the ICO?

I hold Blocknet ICO ... We shall have to endure many years  Grin

Interview with Blocknet: creating inter-blockchain infrastructure
Read More http://techannouncer.com/interview-with-blocknet-creating-inter-blockchain-infrastructure/

full member
Activity: 205
Merit: 100
Did this project deliver what they promised when they held the ICO?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Why BLOCK price has fallen so much recently?

Not a clue I'm afraid.

Personally it looks rather nuts to me. Sell before the decentralised exchange is released? Crazy.

At least it's actually a very low volume. Perhaps it's just a couple of people who need the BTC or something.

*Le Two Years Later*


Now do you have "a clue" why BLOCK price has fallen so much?

Does the fallen price still look "rather nuts" to you?

What happened to the "decentralized exchange?"

Perhaps you are the one who was "crazy" for not selling.

"Very low volume" is why BLOCK has been delisted from all reputable exchanges.

Your "it's just a couple of people who need the BTC" explanation was monumentally wrong.

Are you going to own these mistakes, or just keep deleting posts that hold you accountable for your past statements?
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
this is all sort of funny... what's the guys name? Arlyn Culwick? weird name, reminds me of 'Spectre' somehow,, or was that just him being this creepy eloquent psycho-self?

I simply don't believe that the profit was worth for him to ruin his name with this lame copycat project, he should have taken up method acting, that way he'd at least have some admirers  Cheesy Cheesy

pathetic sod, all that sour and arduous communication policing of the forums and slacks for naught  Grin

Arlyn Culwick? I just googled and went to one of his youtube vids.... the la la lal la lala lala la la song. I was way off.

I know you can't really tell but after watching some of his youtube singing vids ( la la la la lala lala la la) I can't think he is a scammer actually.  I can't even believe that is this hitler type character on this board? perhaps that's not even him.

Even so he should never be a community leader or spokesperson for anything ever again. Unless he was specifically employed to destroy
the xc and blocknet threads that is.

Where is dan hiding? I can't take offence at arlyn any longer but still best to have some answers from the organ grinder at some point.

Pages:
Jump to: