LeeWilson, you're banned.
Don't post here again.
Don't post here again.
Well, I was "officially banned" from the blocknet thread. I will give it a few more minutes to post any deleted posts that were deleted around and after my banning.
We will be able to see if these posts should have been considered ban worthy or were just questions they did not want to answer because of the repercussions.
I am still awaiting any type of response regarding Dan Metcalf pulling btc funds into his personal accounts from the ito. As well as awaiting any formation of a board of any kind on their part like their terms mentioned. I will be releasing some really nice nuggets of reality to the thread here and will most likely post it on the blocknet thread as well because that was the original intention, but I was awaiting the answers to the questions above and that you will see were posed also below.
CryptoArticles: How the Blocknet ensures its funds cannot be misspent
http://www.cryptoarticles.com/crypto-news/how-the-blocknet-ensures-its-funds-cannot-be-misspent
i heard bittrex is putting a buywall up for block. is this happening for all the exchanges or are they the only one? and what if we bought with another coin? any offical info on all this?
Only Bittrex https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-
They are doing it to compensate open trading on Poloniex
yeah polo dropped the ball a little bit on this deal. oh well should mean less supply of coins and higher value hopefully.
Not the case at all. I negotiated the terms of the crowdsale for Poloniex. I made it abundantly clear to the Blocknet team multiple times that trade would be open on Poloniex in both the NHZ and BTC BLOCK markets. Blocknet was well aware of the arrangement.
MobyDick_Poloniex because there seems to be a breakdown as to what is being told to the community versus what is really happening would you please let us know some more things.
When you were approached to pull down the sell wall, what reasoning were you given?
Did it violate the agreement you originally had with blocknet?
How many total block's were sold on poloniex?
How much btc did it generate?
Were these funds sent to blocknet?
If so, what btc address and who was the blocknet representative that authorized this?
Thank you.
Poloniex was not asked to remove a sell wall. The developers selling Blocknet were able to deposit and place the wall at the price they chose and with the quantity of BLOCK they deposited. The removal of the sell wall was entirely up to the developers and did not violate any previously arranged terms.
The total amount of BTC and NHZ raised during the crowdsale has been tallied, and the addresses funds were withdrawn to have been noted. I have requested authorization to release these details from Dan Metcalf in an email, and will await his decision before posting them.
UPDATE:
Dan Metcalf has given approval that the following information be made public:
Regarding Blocknet sales on Poloniex:
37.5060983 BTC worth of BLOCK was sold for BTC
14.31655727 BTC worth of BLOCK was bought with BTC
23.185 BTC was the total raised on Poloniex prior to the removal of the sell wall.
BTC raised was sent to
1PvuqFFhQg69KqsKQ96rwR1RDWqgXeqat8 and 1CDaN8NbNDjdbKtFdKiVh2MM9Gky6efncE
32450774.72149716 NHZ worth of BLOCK was sold for NHZ.
NHZ raised was sent to NHZ-PC95-K8VS-MEX5-7Z5K7
I am guessing these are not the multisig escrow wallets that were mentioned in the last couple of days.
These funds were pulled off of poloniex a week ago.
One has had deposits sent to it on and off since July hence potentially comingling funds from somewhere else.
One appears newer.
Both have multiple smaller amounts of btc being sent out of them to multiple different addresses.
Did the board vote for those transactions? Did the auditor approve?
I notice this did not get addressed. Care to address this now?
Why is ITO gathered BTC from Poloniex being sent by Dan Metcalf to his personal account(s)?
Exactly how much BLOCK was removed from Poloniex?
Where did the BLOCK go that were removed from Poloniex?
Where did the BLOCK go that were removed from Bter?
Has BTC been removed from Bter? If so, where did it go?
In your latest release of new ITO terms it mentions a board and multi sig wallet creation previous to btc removal, or did I read that wrong?
I think much peoples store the Blocks from Poloniex, Coingateway and Bter in their Wallet. Don`t forget they staking.
Next point is, that you have later to transfer the Blocks to the NHZ Assets Exchange.
Thank you for you answer, but I am not asking about BLOCK purchased by investors.
All of the questions are regarding the BLOCK and BTC generated from the ito held by the exchanges and/or Blocknet group.
They know what I am asking and have chosen not to address it for over 12 hours intentionally because the ramifications are catastrophic.
