Bitcoin Forum

I have invested around 1 BTC and I'm holding 3month, but the coin is going down, someone to share opinion about BlockNet?

It actually holds pretty steady against USD and I believe Blocknet is the most underrated project out there right now.

For those whom may not have heard of the Blocknet, imagine being able to run Ethereum or NEO smart contracts from Bitcoin, build complex multi-chain trades, run a decentralized exchange, create a blockchain microservice that other chains can consume, all while remaining 100% trustless and decentralized. The Blocknet is an infrastructure protocol which enables this interoperability through cross-chain atomic swaps and cross-chain data transfer in order to create a token ecosystem for blockchain microservices. You can read more here: https://blocknetprotocol.com

Blocknet has been in development since 2014. Why have you not heard of them? They are firm believers of tech-before-talk so they want to create a solid product first instead of all these projects coming out with marketing speak promising pie-in-the-sky nonesense. Now that the product is released and starting to get polished, focus is starting to be diverted towards public image, marketing, and outreach. The first of these efforts is a partnership with VSA Partners in creating a decentralized exchange using their own protocol. You can see the UI prototype here: https://medium.com/@theblocknetchannel/blocknet-decentralized-exchange-high-quality-images-a68d8fbd2b81

What other partnerships to they have?

• The Blocknet protocol will be used to power Ethfinex, which is Bitfinex's decentralized exchange. https://blog.ethfinex.com/the-ethfinex-roadmap-7c7cd82c835c#050b
• Syscoin will be using Blocknet's protocol for payments on their marketplace.
• Dynamic Solutions will be using Blocknet to connect services with their dual-blockchain architecture(Duality and Sequence) https://dualitypost.wordpress.com/2017/06/03/duality-the-internet-of-blockchains/
• Bitnation will be using Blocknet's protocol for microservices. https://cointelegraph.com/news/governance-moves-forward-via-bitnation-blocknet-horizon-partnership
• More in the works...

What's the investment proposition?

• Staking Node: No minimum BLOCK needed. On average earns 9-14% annually(currently 17%). Earning calculator: https://docs.google.com/spreadsheets/d/1Y8uRsftL_uUcDPPiRvDDxJwI2ftLZq1iPavKaGfrF_c/edit#gid=0
• Service Node: 5000 BLOCK minimum. Earns 18+% annually plus 100% proportional distribution of all fees collected on the newtork. Earning calculator: https://docs.google.com/spreadsheets/d/1Y8uRsftL_uUcDPPiRvDDxJwI2ftLZq1iPavKaGfrF_c/edit#gid=0
  Read more here: https://blocknetprotocol.com/#nodes

This is a very big amount to invest in one coin. I think you are the best investor for the blocknet project. I consider this as a big mistake and you don't have a lot of choices but holding it and wait till the price pump again. I think you are a new comer to crypto investment world and this will be your first lesson to learn from. Am so sorry man.

For my opinion, 1 BTC is very big amount to invest in one doubtful coin. I advise you to sell coins and buy more reliable coins like ripple, NEO, Stratis and others.

A very large investment in one coin, and for such a long time. Of course, three months ago, bitcoin cost not 18,000 dollars, but that amount is also big. As for me the project is good, you need to wait.

Thanks for opinions, I appreciate

1 BTC is a big amount for Blocknet? Feh, if you're a no-coiner, I've got 7 worth on it.

Everyone who disses on Blocknet does it for the same reasons people dissed on BTC back in the day, they don't know anything about it and look it the evidence without realising they've left their glasses beside the bed; they don't know what they're reading and they're too haggard to bother to try.

Look at the info already presented above by hanniabu, consider that even if it stays the same as a stable coin it has a better ROI than just about any other coin. If it achieves any of its targets (which, if the developers are to be believed, will be realised by Q1 2018) it will go 5x at least - a coin of that value with a 20% ROI is insanely good value. I currently earn the equivalent of a basic wage off it. I don't care to pump coins, but when people are saying 'invest in ripple or stratis' over this, it blows my mind. Ripple and Stratis have bugger all to justify their price as a token except their value as a company. Block has trade pressure exerted on it from the DX at very least, never mind the other dapps that will use it as gas.

Please don't buy this coin, I want the price to remain low so I can accumulate, and after this next BTC pump I want to grab it from spaghetti handed fools and run more DX nodes.

Good on you b37d1!

Hey Guys. I Found this guide for Top BLOCK Staking. I think you should check it out.
http://topstaking.com/block/
http://topstaking.com/wp-content/uploads/2018/07/2018-07-30.jpg

I Think 1 btc investment in only one coin is a lot, maybe try 1k and see how things turn up. Some info about Blocknet: is not just atomic swaps, it has a bridging protocol as well (XBridge). Blocknet does not have a VM to host dapps, but in my opinion, a proper interoperability protocol shouldn't. What are we describing of Aion is an interoperability platform. I suppose you can think of the difference as the internet as it is (Blocknet) vs some opinionated hybrid of internet plus hosting. Moving tokens from chain to chain also seems extremely bloated and cumbersome. Blocknet has parallel transactions too.

Sorry, but I did not hear about that. I think that many people did not hear about him. And if you want to invest your money in it - I do not advise. The market for a sufficient number of the latest steep tokens, which can be purchased. The same can be a scum

Around 1 btc in block net is big investment in one coin or currency. I should have to invest small small amount in different coins. There are more options available in market.

But as of now my suggestion is to wait and watch the market. Let blocknet to increase itself. After increase the price sell it. And invest in different coins.