Bitcoin Forum

Have a look at this guys..

someone tipped me off saying they are asking for like 1,200 2,500 BTC or something for an IPO
then i looked at the first page picture info and then the last page both are warning signs !

first of all this whole picture only routine is scammy !
and i seen this concept with a picture in another topic here like 2 months back or something so i think it's the same guy etc
that other older topic was in alt main here somewhere and the concept was the same pretty much and it was a picture only too !

then.. i looked at the last page of that ANN topic (posted OCT 20th 2014) for Blocknet and i see the OP talking about it being closed source.
then the guy on chat told me fuck all has been released..

so.. that ANN topic is of course self moderated LOL

Hence the discussion here..

I hope it's obvious people should be cautious about that Blocknet project ....i heard more than enough to stay way ;)

i also said on chat earlier, i bet the Monero and HYP guys commissioned that project to lure me away from their two coins hahahaha
But seriously though.. what if they did  :o  :o  :o  :o

edit:
I forgot to add the ANN topic link for Blocknet =  https://bitcointalk.org/index.php?topic=829576.0

edit2:
- Updated IPO amount (it's 2500 not 1200)
- Also there is reports of questions going unanswered too (worth mentioning / red flag)

'trade with extreme caution'  ;D

i think you meant "tarde" that is how i spell it anyway ;)

i think it's.. Invest in Ponzi IPO with caution !

there is nothing to "trade" yet.. pay them first lol

i bet all the Monero rage-dumping ongoing is so they can invest in their brand new scam baby..

makes sense. anyone thinking of investing should look at the price charts of supernet...it's like a ski-slope  ;D

You people are assholes. Nothing better to do then fud coins or ideas. You are killing crypto. All because shadow coin sucks and you are

http://i302.photobucket.com/albums/nn84/gempix/butthurt-o-meter-1.gif

I agree with You

you are an asshole too and you gave crypto ebola  ;D

I had a strange feeling from the start. It was just too good to be true. "The Internet of Blockchains" and other mantras spreading around. The reality is that there is nothing behind the blocknet , they do not even have a whitepaper. It is just a made up thing, that they claim they will develop after they get 2,500 BTC in funding.

Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the best known people on BTC talk, that's why your claim carries much more weight then if it was posted from a newbie account.

I was following the blocknet thread for the last couple of days, and multiple people were asking legit technical questions, and the "representative" was just dismissing these questions. Raised suspicion right there.

However - I never thought that somebody would be so bold to make a scam this big. We are not talking about Bitswift and it's 300 BTC IPO, this is something 10 times larger 10 million tokens selling for 25 K satoshi - 2,500 BTC , a nice little million USD.

The magnitude of this is getting scary, it seems that the scams are getting much more elaborate and are on a much larger scale. We are talking thousands of BTC here.

Jimmy Zed

Yeah Jimmy, how did I know I would find you here. ::)

Jimmy hows your pump and dump crew coming along?

Not as good as your group Bob. Guess you had to reveal your cards sooner or later and dump that bitswift scam.

I didn't dump. Still holding strong. Its you riding Bobs jock that dumped. That's ok you are out now so it will be rebound. Its all good.


You lost btc dumping like that. Do you feel better now Jimmy?

Funny thing is XCurrency supporters support blocknet.  When framing / justifying why they need so many bitcoins the story is "it's a lot of work".  When concerns are raised that it will slow down XCurrency development it's "only going to take blah blah blah"  Dan is supposedly the mastermined but it "won't distract him from XCurrency"  There are other developers involved in the project who have not been named.   ::)

Look at this tired old "I tried to hard" website - http://xc-official.com/
Vs the effort put into the new one - http://theblocknet.com/

From what I can tell the Blocknet is mostly and API + decentralized exchange.  Websites say it all.  Off with the old, on with the new.


haha this is what I can't figure out.  They do their IPO without even listing devs or answering technical questions.

Even if everything works (no timelines committed to or talked about) in three months do you really think you're going to want to send 1,000 XC worth $250 using the SMS coin that by the time it dumps and you account for slippage in the exchange you'll have $35?  They're building an empty city (actually pinkie swearing to build an empty city while abandoning the last city they were working on after they get some bitcoins)

They're getting smarter too.  Taking bitcoins instead of just pre-orders of the currency / assets they plan on creating :P

Dan Metcalf has done more for crypto then these clowns will ever think of. Who are you people to criticize him? Starting to wonder if these fudders are paid to fud. That's the only thing that would make sense of their behavior.

Dude - no he hasn't.  He paid another developer to launch XC.  He brought some really really old development experience into the game and has been pushing a closed sourced codebase with his two full time marketing people.

What ... exactly do you think he's done for cryptocurrency?

I mean - I guess he's pumped shitcoins like this and advertised the charges?

http://xc-official.com/xcurrency-code-reviews-the-de-facto-standard-of-legitimacy-among-altcoins.html

When in reality they look like this.

https://i.imgur.com/VKYyh0h.png

Whats on your resume? Sham cloak and Shadow? Come on get real with yourself.

Lol NOPE!  I'm a true altcoin observer.  I own two coins in the top 10 that are in no way competing with XC.  Just hate that these clowns are still sucking people dry.

XC has continued to stay relevant for longer than most. Cloak gone already, Shadow is on its way. A year from now XC will still be kicking and innovating and your coins will be a forgotten memory.

Why do all these coin communities ask for Dans assistance in getting bugs worked out and audits? Has anyone asked you for any help like that?

Instead of having 1,000 threads all over the place calling scams for whatever reason, since its subjective in nature, maybe one thread of coins that are not being declared scams?

Spoetnik in full effect.

Nothing gets past this guy.  Lol

Bravo, brother!

It already requires a Certain audacity to declare a project as a fraud with a reputation like you have. Nice try sir...
https://i.imgur.com/cbPTHCn.png?1

Jimmy Zed, swift is right back where it left off just like that. Are you crying now? LMAO

How many btc did you spend to dump it like that? OUCH

caveat emptor mothafuckas....  ;D

i cannot believe how its the same people from bitswift defending blocknet. but no one else. just newbies. no developera. no technical talk.
btw spoetnik thanks :)

I cannot believe the same people fudding swift are the same people fudding blocknet.

how do you know? perhaps you even keep a diary of all of the elaborate scams you guys have done in the past?

Who me? No Im just a lowly trader but I am just amazed by the actions of people. Its crazy. Crypto is starting to be no fun because of it. How many other people feel like this? We should all be helping each other and helping other coins and devs. Why knock them down like this. They want to create something new. By all means do it. Its like a bunch of jealous girls.

I'm not full of the jealousy but the anger at these nasty people trolling and fudding good people like Dan and his blocknet. Disgusting trolls.  :-\

thanks Spoetnik for posting this... My SCAM Blocknet Thread was deleted (maybe wrong section though.. didnt check)

anyhow: good that this gets some attention now

u write like someone who gets paid 5 cents a post  ;D

I've been at times amused by Spoetnik's posting. But I'm done. This guy is on some heavy drugs, or partially insane.

Spoetnik, you've been attacking the coins with the most promising/positive futures; XMR(Monero) and others. Yet, you support blatant shitcoins themselves like Maxcoin. I know you're only doing this because you're desperate and want your past, failed investments to rise(Maxcoin and others), but attacking good coins is not the way to go. You're the lone man out attacking every altcoin out there instead of picking your ass up and making some money by trading, which again makes me question your sanity.

Most people in this thread haven't even made $1,000 from trading altcoins. Yet they go around attacking every new feature on coins, calling them scams immediately. What a sad bunch.

while i tend to agree with you about spotniek - I don't really think somebody selling an exchange between a bunch of $20,000 - $50,000 market cap coins for $1,000,000 after slapping the label "internet of blockchains" on it is all that promising.  they can't even get their group chat, linux / mac releases shit together.

It wouldn't matter to you whether it was good or not, you would just talk bad about it anyway. Its called FUD and that's what you and your group are doing. That is the real SCAM here. You guys are known trolls that go around bashing all the top developments in crypto. Your game is up. The community knows who you guys are and they hate you and any coin you are associated with. That's why the coins you are involved in are going to shit. You give them and crypto a bad name.

It's all speculation(Everything in crypto is, including BTC). It might sound cliche, but I was on bct when NXT was having it's IPO, didn't give it second thoughts as BTC was pretty high in price that time and I didn't want to invest in something like that. I view Blocknet in the same category.

Time will tell - be interesting to watch.

From what I can tell Blocknet is to Supernet what Qora is to NXT, BBR is to XMR, etc.  It doesn't seem like I've ever seen the market reward the second person to the party / hype (unless it's litecoin).

Edit:  I'm not a fan of SuperNET either. 

Be a very short thread.

Hey thanks for the support and if your the guy who tipped me off to look at it ;)

And i want to apologize to anyone trying to start a new digital currency these days that have done no wrong OR (made any mistakes no matter how small)
if you mean well and you're trying sincerely then ultimately i support you.
But the fact of the matter is there is people among us 24/7 that are malicious and greedy and will step on any neck to get Bitcoin from us.
This is the context of the situation that can NOT be ignored !
And sorry legit guys but Scammers have cried wolf FUD for too long ..it means nothing now.

@Jimmy_Zed
I agree when you made the point that a lot of questions go unanswered that is a big red flag !
Also i may have to update my post to reflect the numbers you mentioned.. 2500 BTC they want not 1200 BTC wow !

I am more than happy for newer members to use me to post some stuff like this and take the backlash from them.
If you post something like this your stamping an X on your back and your going to get Trolled for life where ever you turn LOL
And i couldn't care less these little panty waste scammer clowns can line up and take their shots.. go hard guys  8)

i don't think it's so much a my word has more weight than another guys issue as it is a we all know speaking out has a price !
this global Altcoin scene is fueled by intimidation, harassment and bullying campaigns to attack and discredit us.. to keep us quiet and in our place (and get our Bitcoin)

Excellent info thanks for helping us all stay informed and also mentioning the other related projects etc
Your efforts will be reward with 72 virgins one day ;)
I salute you soldier  8)

I can take no credit man but thanks for your kinds words and your gift the other day crypto-old-timer ;)
the guy who told me i HAVE to look at this deserves any credit.. he felt that it would mean more if i posted the topic eh..

and i would rather take the heat than some other guy.. if you speak out the intimidation and harassment kicks in fast !
i am comfortable with them coming after me and maybe i'm in a better position to do so.. such as i have not made a coin and have one account etc
so it's harder for trolls to dig up dirt on me etc ..vs.. some other guys who may have some crap in their closet or are worried it may jeopardize THEIR project speaking out.
one coin group speaking out against another is an ongoing issue we know.. you say something they will go after your family LOL
we're dealing with some classy people here guys  ::)

cheers Vlad and sincere people always have my respect even if they make mistakes (not that i'm saying you did) lol

I am going to say this only once per topic as of now..
i have done one trade with one user.

the trust rating is for a level of how trust worthy you are to trade with i think and yes i am trust worthy.

your little insult is a big Fail because it's a huge well known problem here at Bitcointalk that little brats have abused the system,
to try and use the rating system to attack people.. what is said is usually meaningless and often outright lies.

ripping people off is permitted here and when you say you got ripped off you get negative feedback.
so it's an epic fail to try and discredit me with that point.. we ALL know 100% it's abused rampantly.

find some other way to discredit me for the FACTS i posted on this topic with pin point accuracy.

and by the way i may be the worst person on earth that does not mean what i said is not true.
Trust ? i did ONE trade with one guy and it went great.. my rating is +1 and he was a mod too when i started here in the Nooby forum lol

try again hiding coward nobody.. what are gonna do ? go create an account about it LOL

edit:
I don't want to keep replying to each guy here so..
Generally speaking if you read the comments you can see MANY guys who know what goes on around the scene are disgusted by this project.
and i had a feeling this would be the case before posting..
There for trying to say that i am a maniac or some thing because of this is silly because it seems there is MANY "maniacs" who agree with me.
AND some of these guys that have said they agree here have NOT agreed with some of my other topic comments etc.
So i'm saying this Blocknet crap is clearly pissing off a lot of people !

and i all can say is i suggest they start answering those questions that are being dodged rather than wasting their time
here posting childish trolling insults to attack and discredit whom ever.. that old game is a waste of time !
there is a golden opportunity to use this topic to set the record straight for your own advantage Blocknet guys..
so are you going to call me a poo poo head or talk about technical stuff like why some of it is closed source code ? (for example)
if you REALLY think calling me names will prove your coin scheme is good than uhhh go for it.. let me know how that works out for ya LOL
verifiable Facts overshadow name calling baby Trolling ;)

I've known Spoetnik for 18 months now, I know him very well.  I've done numerous coin trades with him as well.

Spoetnik is argumentative and very opinionated which can really get on some people's nerves but his observations are usually right on the mark and he does heavy research in anything he's looking into.  Rarely is he wrong when he's convinced about something.

And just an FYI, Spoetnik and I were not friends to start with, I was one of the guys whose nerves he got on but I can see beyond my own ego and I saw that the guy was honest and just had a knack for picking things apart which did not look right.

That said, Spoetnik is an asset to this community and I always put a lot of weight on anything he says and any newbie here should do the same cause this guy has never ripped off anyone and has saved a lot of people from being scammed.  I would trust this guy enough to send any amount of BTC first without any escrow and in this community that's a rarity and it says a lot about a person's integrity.

Keep on keeping on wall-o-text buddy - don't let these haters get you down.  What am I saying - I know nobody can stop the Spoetnik. lol



Cheers, brother!

Thanks Vlad that was very kind and i appreciate you spoke up and i wish others did too *more :)

i really do believe a lot of guys don't want to speak up because they can see the abuse you will take over it.
and i may be wrong occasionally but i will try and make things right after..
i gave iGotSpots an apology today for saying things that were out of line today for example.

you'll notice what i said first here.. i wish you all would speak up more so NO, it's not all about "me" and lets talk about Spoetnik crap lol

YOU ALL NEED TO BE INVOLVED !

PS:
Vlad send me all your Bitcoin  8)

When IXC hits $10 then hit me up like Tupac Shakur.  haha!

People are scared and most never wanna get involved.  I have a lot to lose too but [like you] I can't stand seeing lies and injustice so I can't help but say something.

We need more guys like you around here to sniff out these cowardly scammers and expose them.  When I get the money I still wanna launch CoinTruth.com to put all these scammers on the wall of shame to help save people from losing all their coins.

sr member spoetnik is guilty of one thing only...loving altcoins too much!  ;D

AND YOU :-[  :-*

at least i am better than a lot of people at staying on-topic around here that "really grinds my gears" LOL

so it seems to me "they" don't want to say a word on this issue.

one of the key complaints was unanswered questions that combined with asking for a huge ass IPO.. NOT a good combo obviously.
so i guess take that as you will guys ;)

Yes. The silence is deafening.

Of course they don't want to do anything or say anything - precisely because there is nothing to talk about besides the charade of fancy graphics, promises and cheerleading shills.

Just take a look at Bitswift thread - every single post is worshiping the devs and the coin. You would think that the whole bitswift community lives in North Korea. As soon as someone posts anything that is not worship, not fud, but just asking honest questions - will get your post removed from the thread. There were other shitcoins and manipulated coins like Cloak, but at least they did not use hardcore censorship on their threads. This tells me that they are losing control and people are waking up to what is happening.

Half the coins in the blocknet are so called "bob's coins". The one he pumped and dumped or is currently doing it. Bob surplus meets Dan Metclaf - this is the worst possible crypto nightmare one could imagine.

Jimmy Zed

Hm, when is blocknet released? Tomorrow at bter and some other exchanges?

People still not understand that people, like digitalindustry and spoetnik, spread fud to buy cheap and thereafter scam it (with other sockpuppets) to sell high?

I bet spoetnik is the first man in the row buying blocknet shares tomorrow. It is all so obvious  ::)

nope your a liar and buckle up honey ;)

Spoetnik you should stfu, i seen your comments where you support proven scammer Digitalindustry. You don't have any credibility to talk shit to begin with.

yeh ofc blocknet is scam XC dev needs some money and it will go all into his pocket while showing no proof of concept or code or showing it exist
nobody is gonna use others features for fee n all that shit its just rly bad bizzniz

pushing shares from him u will have the feeling of "wtf did i buy" after

i will also report little dan metcalf to SEC see what he like of it  ;D

+1 digitalindustry has been kicked out of Quark some while ago for his scam attempt and tons of manipulation attempts before that, now this guy Spoetnik is calling other coins a scam while he has been buddies with digital industry, i bet you also have been part of scams.

Time to turn up the heat on NXT boys ;)

NEVER poke the fucking bear morons LOL

sr member spoetnik has plenty of credibility. he just hates scams!  ;D

Not much going on in this thread.
It seems Spoetnik saved the day again by dumping some nonsense shit as usual.
Wherever people are doubting and making assumptions, there comes Spoetnik like the dark avenger farting and shitting allover the place.
I thought I was gonna see some serious arguments...

Your a scam

they are cowards who are IPO'ing your ass for closed source code for 2,500 BTC on vaporware mystery garbage ignoring questions.

not tell me my cocky little shits would rather in vest in that or Spoetnik farts ?

And I'd think I would see something substantial before people asked for a million dollars.  Instead they are

. dilluting peoples XC coins by taking stuff off the XC roadmap and using it for a NEW INVESTMENT (aka your money)

. keeping their current project xc closed sourced

. they somehow think that taking one coin that's worth 1.4 million with a dozen other coins worth a total together of less than one million.  and making it to where you can exchange any of them thru the wallets is worth a million dollars?

the burden of proof should be on the people asking for money.  all i see is marketing and hyperboll.  

"Hey!  Wanna send XC over SMS?  Use BockNET - it will automatically trade your XC's for SMS coin.  Send it to new user and switch back to XC.  Lost half your investment?  Sorry ... sms coin isn't very liquid"

the level of stupid in altcoins is growing at an exponential rate.  purchasing unicornfarts makes more sense than blocknet

LOL

"JimmyZed" is a fake profile from IconicExpert who nobody else trusts and created this account to scam noobs creating a fake pump&dump group https://bitcointalk.org/index.php?topic=788644.0

"Stealthcoin" isn't a stealthcoin dev. This is a troll and fudster account using the stealthcoin name.

"Spoetnik": just look at his avatar: "FUD first and ask questions later !" Trust: -4 Warning: Trade with extreme caution!


LOL LOL LOL

Dont worry, Sputters will be along soon to negate your claim and scatter it to the 4 winds LOL

This Thread made to buy into Blocknet lol

Don't worry i have you cued up for the Spoetnik treatment  8)

I've had enough of you popping up lurking around leaving me snotty off topic insults.

i have run into a bunch of your scams your pushing lately and it's time for you to get the spotlight.

You have been getting away with lurking around in the shadows scamming for too long.
I think because you have evaded attention its has made you rather cocky around here.

Did you have something to say on topic here or do you want to continue to follow me around leaving me insulting comments that have nothing to do with the topic at hand ?

another cocky little scammer that should have just left well enough alone.. you poke the bear you get eaten dumb fuck LOL

in the last two days i have run into victims of your scam coin campaign(s) and i will start my search there and i have no doubt i will find lots more..
your hide & seek game has meant i have not actually done any research on your ass *yet.
this ends today !

Yea take that Emeliomann, Spoetnik is gonna be chockers up your ass in no time  ;D

Oldminer is a confirmed scam coin pusher..

Here is some highlights from the back of his ScamCoin League trading card ..ooooh laa laaa :o impressive stats son ;)

Blocknet = asking for 900k right now to *finish a coin on an IPO/ITO/ICO (abbreviation for scam)

EMC2 = Claims to be doing Ebola research but the US Dept of defense funds it, so who is getting paid ?

CarbonCoin = A scrypt clone with a go-green carbon emissions/credit gimmick tacked onto it with lies such as,
they will plant a tree for each block they find then when i confronted them about they posted endless fake pictures showing grape vines
in a vineyard claiming they were professionally planted trees in a forest to help combat Global Warming.

Stealthcoin and countless others..

This guy seems to be credited or cheering on all these notorious scams loudly
and then following people around trolling on them with insults to prop up his bank account. (see above comment for reference)

lol Sputters..haha

I think its time for lesson #2 :

https://i.imgur.com/aqapBwT.png

how can u said blocknet scam?? i think blocknet is amazing idea

http://blog.bluemeanie.net/2014/10/nxtautodac-jl777-stolen-nxt.html

Turns out, he is pretty open about manipulating his own market.

https://bitcointalk.org/index.php?topic=684090.msg9309709#msg9309709

Some might call that an awesome support from a dev but others might call it manipulation.  Especially since he openly claimed that his assets are in excess of one million prior to Supernet which netted how much?  

May I ask a question?  If someone with that net worth has the crypto to spend to create FUD against a competitor, would he?  Especially since he seems to be willing to vocally and nonchalantly send BTC to stave off a dump (could he have caused it?  Valid question since he is more interested in market dynamics then hiring help).

Is Blocknet a scam?  That's A LOT of coins who would have to be in on it.  A lot of people who have their own plans and are making their own names for themselves.  A lot of plans which have people excited for the future of this technology.  And you are going to tell me that ripping people off excites them more then developing their platforms?

There is nothing stated in this thread that convinces me that Dan is a scammer.  But the link I provided above has caused me great consideration over the past few days.  BTCD Investor here for what I thought were the right reasons and when I see Bullshit threads like this it pisses me off.

Propaganda for the sake of propaganda is crap. 

I've got lots of great ideas - you wanna give me a millions bucks for one of them?  lol

You guys really can't add 2 plus 2?

The point is that the BlockNet have nothing more than an idea.  That's worthless without lots of complex code and proper execution.

Most scams are great ideas [and that's it].

Go buy a scam!

Ahh your catching up Vlad  ;D

Mwahaha! I'll invest some lunch money in your farts even though they are vaporware  ;D , but on one condition and that is if you buy some bollocks today  ;D ;D ;D

I often don't see the spelling mistakes until i get quoted and think oh shit how did i submit that LOL

@Vlad
YES man i was think of saying the same thing you said ! ahahh

I mean fucking coooooome on guys they are asking for close to 900 grand for crying out loud.
and what did they do ? they posted a picture on an ANN topic.. the lazy fuckers couldn't even type it out here.
and i bet they are doing it to avoid getting spidered by Google.

and guys i ALREADY posted a long topic for a coin that was P2P based coin here are you guys willing to give me around 2,500 BTC ?
I already have 75% of the code written just like those scammers..
i bet those fuck heads ripped off my idea and are making a million bucks on it (i have mentioned my idea lots all over crypto many times)

and yeah they are getting that money too !
last comment i seen so far on their ANN topic they collected 850 BTC and guys were fumbling over themselves to hand over money.

they are asking for almost 900k in BTC to finish up the project and post it !
i think it was suppose to be 75% done by the time they launched the ANN topic.
And i will start my Spoetnik's Farts IPO/ICO/ITO/IZO/IGAY at only half that ! ..a true bargain ;)
One day they will be worth millions ..to the fucking moon !!!

You can't call SuperNET a scam newbie.


Many of you will have noticed certain similarities between SuperNET and a new organisation called BlockNET. Whilst the latter is a constantly-evolving undertaking, it seems that there are several key differences. We would encourage you to visit the thread, ask questions and find out more for yourself about the relative approaches, if you are considering investing in one or both ventures. There has been much misunderstanding about both BlockNET and SuperNET and greater clarity will benefit everyone.

A key difference is the business approach. BlockNET is collecting money through their ITO to pay developers for their new software, whereas the SuperNET ICO funds are being held to provide stable value, reflected in the NAV (the value of SuperNET should not fall below the value of the currencies held). James is doing all the coding in return for an equity stake in SuperNET, and is also adding a large number of revenue-generating assets of his own (these total far more than the value of his own shares).

SuperNET ICO funds will also be used to purchase shares in coins and revenue-generating services. SuperNET is also entering into revenue-share agreements, without taking an equity stake in these. BlockNET will make money from the services it offers but the ITO money will not be used to purchase a stake in promising companies. SuperNET will also be returning income to coin communities, to stakers and for further tech development.

The philosophy of SuperNET is to align interests between SuperNET holders, coin communities and devs, and the companies that provide services. The money flow provides shared incentives for success, strengthening all of them and working for their mutual benefit. This business model was a conscious decision taken by James and offers a strong platform for future expansion.

supernet is a scam, you say?  ;D

so they have raised so far $576,443.43 usd

where'd you get that info?

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

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  8)

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)

*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.

Look at this chart.  their devs fucked over the original hodlers HARD.

not only are they screwing people out of bitcoins.  they took all value illusion of value in their original coin (their developer, their promises) and moved it to blocknet.

https://i.imgur.com/tbo4aDb.png

people getting ****** in every single hole

not to mention they delete ANYTHING that doesn't line up with their goals.  following messages were deleted.

[/quote]

Who even believes this Spoetnik clown?
Atleast try to get your facts right before you try create some fud.
LOL  ;D

its not hard to believe at all that some stupid fucking 'blockchain of blockchains' are scams.  ;D

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

these clowns also ripped off a bunch of people in a pre-order ASIC scam.

https://bitcointalk.org/index.php?topic=770801.0

*SMH*

(just found it doing a google)

fuddin' is fun. don't read 2 much into it  ;D

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

[/quote]

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!!!

Yes..well people should be cautious about any crypto coin, shouldn't they?
Or are there some that require no caution?



Here is the definition of the word "scam".
can you tell us what evidence you have it is a scam.

But your own membership here started just over one month ago.  ???

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.

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.

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.

http://basementrejects.com/wp-content/uploads/2012/12/star-trek-ii-the-wrath-of-khan-kirk-yells-khans-name-300x153.jpg


Spoetniiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiikkkkkkkkk

Except you have no evidence he has done anything like this.

I'm happy to look at evidence and base my beliefs on evidence.
If all you are asying is "be cautious" then I agree. Be cautious.

But if you are accusing someone of beinga scammer then you need to supply some evidence.

Lol ... pay much attention to the XC market buddy?

There's a reason why CEOs in Stock have to report when they sell

Thanks and i think you know damn well my ONLY intention is to put shit on the table.. guys can form their own opinion !
do i often get sloppy a bit or rant on or swear or be a dick about it ? yuuuup.
why ? look around guys LOL
scam coin fuckin' central.. and i was here and watched it turn from what can now be called Legit back in the day to to this shit coin fest 24/7.
so yeah i grew tired of giving these guys such a thorough benefit of the doubt.. they don't deserve it anymore..
hence my tag line.. FUD First and ask questions later.

scammers wear us down and if you seen enough of it, it just gets old.. so does being nice to them when that is their game.. being nice with scams for profit LOL
notice the bigger ones are full of walled gardens with a carefully crafted environment with users no one ever heard of all being nice to each other
and talking up their coin saying silly crap on self moderated topics where they can by the rules here post a scam then mod them so no one can say it's a scam.

they want to put on this whole little love in with kids sitting in a field braiding each others hair with peace signs and love and flowers..
mean while we up in Beirut in this bitch and it's god damn Crypto-Nam with scammers and their usual crypto-faggotry with gun shots going off in the background etc.

an illusion where your allowed to think and say what they planned ahead to allow.
This is the abuse of the core concepts of crypto.. abusing this place to post scams then self moderating your topic to make sure it's portrayed in the correct light.
The spirit of crypto is freedom but not if you want to criticize why they are asking for Bitcoin..

Greedy little pricks want in scam or not to make a buck and they don't care if it continues to drown the scene in negativity.. they will blame the FUD'ers and Troll's for that.
Be happy and smile while i rip you off.. don't be a Negative Nancy and go make more Bitcoin for us to take Debbie downers.

Have you any evidence that premine has been sold?

and that picture on the ANN topic a can be swapped around as it has already evading being logged by Google !
a crafty little technique of scammers avoiding using Text in their ANN topic LOL
Google will not be spidering the page with keywords.. it's an image  ::)
now.. you'd think they would want the opposite now huh ?

don't be naive guys this will be a million dollar dump i have no doubt.

Does this spirit involve accusing people of things but supplying no evidence.

Having to back up accusations with evidence is one of the foundations of freedom.

Otherwise we live in  community where peoples freedoms can be taken away with no evidence supplied.

back up your mouth..

Ayo Spoetnik, u forgot my post!  ???

I seen it.. Was there some reason to address your rather weak fail-trolling ?

..not playin' ball with kids in the minors son

PS: use your big boy voice when your here speaking with us if you want to get noticed.. the Adults are talkng.

Why do i get the feeling it's this group of little shits behind this ?

https://ip.bitcointalk.org/?u=https%3A%2F%2Fscontent-b-ord.xx.fbcdn.net%2Fhphotos-xfa1%2Fv%2Ft1.0-9%2Fp600x600%2F35911_152922278174095_1089582084_n.jpg%3Foh%3D285a579e9a8ce02027da776f65689f37%26oe%3D54BA49EF&t=545&c=q4p0KeE7EYpb3w

http://i60.tinypic.com/2crsqwy.jpg

Ridiculous high ICO price, total marketcap over 800k at the moment, just to high for a coin that didn't prove anything.

Total market cap is around 250k ATM. It only will be higher if they sell more blocks.
I bought some..I might buy more, but that depends on how many they sell.

yeah a max cap of almost a million dollars and no code (open source) and no white paper
and nothing but random half ass after thought comments sprinkled into an (self moderated)ANN topic with a picture on it.
it's a million dollar jpeg for idiots LOL

what are they going to do if the project is cancelled ? keep the money ?
and notice how on the ANN topic there is no core basics clearly defined info on what it is your investing in or how it works..
its a give me all your money so i can finish off this secret project that is already 75% complete and i will fill you in later heap of bullshit..

if you invest in something like this you should be banned from Crypto for being a fucking retard LOL
Like i mean there is risky digital-pyramid scheme investments then there is being a fucking idiot  ::)

and hey mouthy little prick trolling me here earlier.. i see you skulked away with your tail between your legs after saying i have lied here.
BACK UP YOUR MOUTH little coward and show us the code and white paper etc to prove it !
or shut your scam supporting mouth.

It's not about credibility it's about common sense and using your brain.
You can lead a greedy crypto-moron to an IPO but you can't stop the idiot from screaming take my money LOL

that scammer just lied too guys.. they made that much i quoted YESTERDAY (what is it by now ?)

did they give some back or did he cut that amount in half ?

I really like their molecule logo. Maybe its a win.

I will start locking this topic on and off to prevent the trolling brats from filling this with lies.
..since they enjoy free speech so much on their ANN topic that is self moderated LOL

ohh please by all means.. tell us all about it..
How abut them facts that need to be straight huh ? care to elaborate ? or uhhh going back to hiding again like a sniveling brat coward ?

PS:
LOL ;D

Why do you have negative trust?

read it.. troll more.. i've done one trade it was good the mod said so /case closed

ps: what about yours ?

All I did was ask you about your negative trust and in return you rate me negatively?  Completely unreasonable.

[EDIT] I've returned the negative trust to your account.

Wrong you playing games now.. on purpose i have responded to about 12 comments here today accusing me of shit with bold face lies and trolling.
if you don't see it scroll up and then add what you said within context.
cut the crap.

i will remove it shortly i was making a point.. get it yet ?

the lying and trolling across the site is getting to be epidemic i am shocked !

i guess a million dollar ITO does that huh ?

https://bitcointalk.org/index.php?topic=630547.msg9377870#msg9377870

haha

No...What you posted was wrong. You admitted you got your information from the poloniex troll box so it's hardly surprising.

Even now, much later, BTER has 813 BTC left BITTREX has 604 BTC left and POLONIEX has 322 BTC worth left.

So even now, much later, there is 1739 BTC left. Which means that only 761 BTC worth has been sold. But it's even less when we take the 10% discount into account.

But, 761 multiplied by current BTC price of $333 is $253,413.00
Which is pretty close to my figure of 250K

repeating what i heard does not make me wrong.. hence why i said "i heard" etc
that does not make me a liar sorry.. try again.
to lie means you have an intent to deceive.. i have none so you fail.

oh and feel free to point us to the official place to get this info from the Coin "dev's"

edit:
negative feedback removed now for "Mr. let's line up and have a jab at spoetnik personally" lol
i hope you guys learned a wonderful little lesson..

And i will remind all the pro's here eager to spout off this topic is not a debate about whether Spoetnik is monster or some shit.
I'd appreciate if people made some kind of mature and HONEST effort to stay on topic.

ahahha some of these guys REALLY fucking hate me with a passion !

and these guys sicken me with their antics and shenanigans.

it's cute that eeeeeeeeeeeeeeevery single stunt like this that comes along ends up being by a new group of assholes pretty much.
and who here is buying that ?

same old guys and same old buuuuuullshit.. round and round we go.

;D

http://i59.tinypic.com/2j49ism.png


Then why not just lower the amount to 850 then ?

And wow i had no idea until now but Staking ?  ::)

So far i am hearing about a 100% premined coin being sold off that has so far raised a quarter of a million dollars and guys are staking already.

- SCAMnet NOW and Lambo later - The Million Dollar Pump Preventer'er - Stake'm dem Coins NOW ! STAAAAAKE !!!!!! GO GO GO !111

lol! You are getting your posts deleted too at Blocknet's forum ?  ;D

Spoetnik,

You are wrong about one important thing, actually it is a crucial thing. They are not selling coins , they are selling tokens ! :)

Jimmy Zed

Just see the coins that are part of blocknet  ;D

XST, LXC, BitSwift  --> manipulated and pnd by EMC2 Wahle aka Bobsurplus

Util --> Prometheus  shitcoin

Prometheus hired XC dev in the past for his other shitcoins and hyped with his help keycoin and halcyon.

Now the XC guy that dumped his XC premine makes that blocknetshit


Put your fucking BTC in that but dont cry if you lose it  8)

+1 sofu

I used to respect Metcalfe and thought of XC as the "honest" alternative to Darkcoin but it seems he has thrown himself in the same lot as the pump and dumpers and is taking his cut of the rotten pie too.

LOL.

couldn't agree more especially the regulation part.
i've said for ages reg's are our only hope to save us from ourselves.

you said,
"It will be harder for these kind of people to make any new shitcoins"

i never thought of that aspect much though and i think you're right.
also think you got that last part wrong.. it's not "shitCoins" ..it's "shitTokens"  ::)

A comment by pookieklax (who the XC guys despise and have "banned") caught my eye. I don't know why he didn't post that comment earlier when he was in the know and it could save a lot of people continuing to fall for all the scams that Metcalf is involved in.

halcyondev = https://bitcointalk.org/index.php?action=profile;u=367138

atcsecure = https://bitcointalk.org/index.php?action=profile;u=88818

Apparently atcsecure did a review (lmao) of the HAL coin which was using some component of the XC shitcoin. Only they are apparently the same person which one can easily find by comparing the posting style, format etc. pookie knew this but never said anything up until today and posted in the XC thread which was deleted within seconds. I am convinced that all the other shitcoins of this Blocknet shit is also same group seeing as some of them have also being "reviewed".

A detailed XC thread needs to be started which explains all the charades these guys have been playing since the launch of XC.

I didn't accuse you of being a liar. I don't know you. I know nothing about you.
I have nothing against you, and haven't attacked you personally.
All I did was correct something you posted.

You don't know what you just did. That is the smoking gun, and as you probably gathered from the lightning-quick deletion of Pookie's original post, no one was supposed to find out about it.

It's about time this was exposed. Maybe it's not too late to put a stop to this grand heist, before the funds are released to them. The whole thing's rotten to the core, and you just scratched the surface.

Blocknet is in news.

Surprised no one knows the story behind xc.

Hint: Not all that legit.

seems this info has rattled the scene pretty hard so thanks for sharing the info.

AS SIMPLE AS THAT :

Interested.......!

@gaws....If you think that some Labatts-powered troll is griefing your beloved project, could you actually try to present some counter arguments or evidence and engage said critic in some actual debate ?
Posting big fat blank spaces doesn't really give me the feeling that you have anything useful to say. If BlockNet is the real deal, getting a FUD thread just gives you guys a chance for some free advertising, with guaranteed views.

Funny they deleted his topics but i don't see a ban on him..

I can guarantee 100000000000% i would have been banned after that !

https://bitcointalk.org/modlog.php

Wow...when I read that, my "writer's bug" went into overdrive. I know the full-bore libertarians and ancaps won't like the following, but the proliferation and durability of scamcoins do show how unready we are for economic liberty. (Confession: I'm very much part of the "we.") We came in here with habits resulting from us being sheltered by the protective and controlling Regulatory State, and those habits have been a lot harder to break than rationalists would have us believe. We came in here, protected in normal life by the Regulatory State, and we thought we were shrewd...only to find that we were sheltered. Again, I'm very much part of the "we."

Here's a word-to-the-wise glimpse of the kind of smarts needed to thrive in a completely unregulated economy, courtesy of the early Benjamin Graham from the tail-end of the laissez-faire days. When he started off teaching security analysis he said flatly that if you have your eyes on a capital gain - any amount of capital gain - you are a speculator. You're not an investor until you keep your eye on income and the avoidance of capital losses (i.e., safety.) That's a glimpse of the kind of habitual hard-headedness needed to make your way in laissez-faire. By the normal standard of those days, we are living in an Age of Fools - or an Age of Recklessness.

Here's another quick glimpse: back in the laissez-faire days, lotteries - and even gambling - were considered immoral by mainstream opinion. Period. Back in those days, "quick buck artists" were considered shady, or at the very minimum contemptible because they set a bad example.

It's been one heckuva field test we've been living through: an all-out field test of the anarcho-capitalist ideal. Sadly, one of the results of this here field test is that we're far more creatures of habit - Regulatory-State-inculcated habit - that we realized. (Once again, I'm very much part of the "we.") The only people who've emerged unscathed are those who are suspicious by nature: the ones who take red flags far more seriously than most of us.

tl;dr: In this day and age, it's too early to implement the ancap ideal. We have a lot of habits - lost except to specialized histories and historical snippets here and there - to build up before we're ready for laissez-faire. And the irony of it is, Bitcoin's sudden success actually cut us off from the amount of time we need to discover and cultivate those habits of hard-headedness.  


https://www.youtube.com/watch?v=mrmQB38aT5U

https://i.imgur.com/qnv75rC.jpg?1

Dan Metcalf^^^^^^   ;)

Why do you think SDC dropped out of blocknet. Now people are starting to see the light.

Exactly what this guy said

https://bitcointalk.org/index.php?topic=841223.msg9388454#msg9388454  This thread says it all

Counter arguments to what? LOL
Get serious already

While you play this games on formus, I make money

This new "FUDDER" job is already well known...

- Yo, got a bitcointalk account?
- Yeah, why?
- Go FUD this project, I'll pay you!
- How much?
- Enough to buy you a sandwich!
- DONE!

You should all see yourselves :)

James Blocknet scam?!  ???  ???

SuperBlock scam?   ???

https://bitcointalk.org/index.php?topic=841223.msg9388454#msg9388454   BITSWIFT dev knew all about his anon dev pumps like halc my friend dan lied to you all

I know how to use paint too  ;)

Cheers now, and have fun

+ 10, mate.

Whatever it's faults, the crypto-scene is an amazing social experiment in action. Back in the 19th century we had the Gold Rushes:
http://en.wikipedia.org/wiki/Gold_rush
And it's amazing how closely the crypto world resembles those Gold Rushes. Round about now (one year after a major gold discovery/Bitcoin rise) is the moment the cops/sherriff/Mounties are gonna ride into our boomtown and clean it up, hopefully chasing most of the bad guys out of town, but making it in the process a very much more boring and restrictive place.

I'm a slightly dedicated anarchist, and it saddens me pisses me off that so many people can't deal with the personal responsibilities that freedom from law brings.
 

SewTaun scam?

BTW: why are almost all devs (dodgy or not) called either Lee or Dan ?

Dude: I've seen a few red flags on BlockNet and it's associated currencies, but I'm also very aware of how even legit currencies and projects can get FUDded. I'm gonna assume you have some f**king clue about my involvement with Nxt, so I'm kind of an expert on kicking FUD into touch........just present the truth to everyone. LOUDLY!

Posting whitespace just makes you look like you want to hide instead of fighting to show everyone the truth.


But on the other hand: was it a good sandwich? I am feeling kinda hungry.....

Oh, so you are with SuperNET :)))
Got it...

How is SuperNET doing? Going down much?

GTFO, you're the same type of maggot...

You are spot on. Most of us came here because of the ideals be it libertarian or anarchist or whatever. But the very thing we have been try to escape from - we created it here. And we created a monster. It just goes to show what is going on in the world at large now, a reflection if you will.

That said, I do believe that over time the true market forces will weed out the scams and shitcoins and one day, be it in 3 year , 5 or 20 years - the crypto world will look much different and will have legitimacy, you are right now we lack the legitimacy and we want acceptance from the mainstream. Don't work that way

Jimmy Zed

Wasn't SuperNet like $5 originally or something?

I'm riding it down to zero!   :D When it's like 10 cents I will be like: "it will go back up at any moment.. it has to.." like the Aurora and Mazacoin bagholders.

So the XC dev Dan is a scam artist. What else is new?

Dude he is not a scam artist, he is a broker.  :D

All those who have shitcoins in their signature are the one who defend other shitcoins. People have to wake up. It's a cartel, it's unethically and it has to be stopped.

It is definitly not in our nature to be greedy, my friend. Zeitgeist is wachting you...

The only thing missing is evidence.  

Is there any evidence he is a csam artist?

Just because you parrots say there "is no evidence" like a bunch of blind quacking ducks doesn't make the evidence any less damning.

Just because the truth sucks balls doesn't make it any less truthful.

buddy "your mom" comments are childish Trolling bullshit and if i keep seeing you flood my topic with that shit again i will report ass !
You better feel lucky they didn't perma ban you already i would have..
grow up or fuck off.

AND i bet any money YOU are the one being paid to Troll and FUD not us !

@UnicornFarts = EXACTLY !
If there was a court case they would be convicted.
reminds me of the Pirate Bay "Hacker" case.. i heard yesterday they found the guy guilty on it with less evidence.

Are we playing a game of shouting random words ?
What does an Ecological Fallacy have to do with it ?
Compositional ? Like WTF are you insane ? LOL

Ya all the PROOF must be lies because of a Skype irony too  ::)

If you assume those Microsoft Skype chats are true.  It is obvious Dan is here to make money - not change the world.

And Microsoft has better tools for chatting than XC.  So even while there is irony it makes perfect sense.

Make sure and screengrab this.   This is absolutely astounding.

Pay no attention to that man behind the curtain.

http://youtu.be/YWyCCJ6B2WE

For me it's like watching the the 20'th episode of an opera soap season without watching the first 19 episodes.
I have no chance to understand what the hell is going on. (I did not invest in those anyway... :P )

Well...even if current cryptocurrency ends up being yet another payment system swallowed up by the Regulatory State, the "impractical ideal" will not die. It won't: libertarianism has reached critical mass. It's hard to believe that, only twenty-five years ago, calmly and politely affirming the ABCs of libertarianism would get a fellow's head torn off.

Of course, back then, the dark side of the Regulatory State was far less evident than it is today - just as the Regulatory State itself was far less elaborate than today's. So, more and more people are becoming unconscious quasi-libertarians in their yearnings. The fact that it's really difficult to acquire the right kind of street smarts to thrive in a completely unregulated economy will not stop people smitten by the dream from trying and trying again.

Was file-sharing destroyed by Napster being fried? Of course not. Was P2P and Torrenting destroyed by the Pirate Bay being leaned on? No. Were pushes towards the gold standard stopped by e-Gold being fried? Nope, not at all.

So...even if Bitcoin and the "legitimate" cryptocurrencies are, uh, "tamed" by a regulatory system for cryptos, all that says to me is that there'll be more field tests coming down the pipe. Obviously, the way to go is further decentralization and peer-to-peer: you can't have command-and-control without centralization and hierarchy...

Read Ayn Rand.  It's been around a long time ... it's just the latest hip thing.  Just like communism was back in the day.

so today, I was going through it to review it again. So I just noticed that the blocknet is not using any escrow, rather it's a sale.
Because in escrow you get a third party so that all the funds are held until success conditions are met. Without the product releasing of escrow is like having no escrow at all. So this is more of a final sale than the escrow that people are believing on.

Bittrex has modified their ICO terms as well if you haven't noticed!  :o

if you go to blocknet thread here

https://bitcointalk.org/index.php?topic=829576.0

Bittrex ITO rules

Bittrex will be hosting the Blocknet ITO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ITO; no other conditions are required.

* We will review the wallet before initially adding it.
* Bittrex will host 3,400,000.00 of 10,000,000 total coins at a price of 0.00025 the ITO will value 2500 BTC across all exchanges.
* The ITO will run for 7 days beginning October 29, 2014 at 5am PDT and ending on November 5th 23:59:59 PDT


* The ITO must raise 850 BTC total across all exchanges to be considered a success.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ITO is over we will verify there is working wallet, blockchain, and block explorer.


* ITO payment will be in a lump sum to Blocknet within 7 days after the ITO ends.
* No trading of the coin will be allowed until the ITO ends and escrow is released.


* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ITO, you are agreeing to the above terms.



So apparently, this is a final SALE not a ESCROW!
I think the investors are too dumb to even read the terms.
That means that funds will be released to the blocknet developers even if they sleep for 7 days!! That means that the escrow will be released once a working wallet, blockchain and block explorer is up. This is a complete fraud. Bittrex has stated that these sales are final. Now you have to be a complete retard to use bittrex or other exchanges if this is not an escrow service, you're sending your money directly to the developers even if they develop a thing or not.

I hope they don't fuck people over. But they have every right to fuck everyone over because this is how dumb people with $$$ are.


TL;DR you'll not get a single satoshi back if this is a scam. You are sending your coins directly to the developers, no escrow.

have you heard about scattercoin (scam coin)? this is exactly happened in the past and bittrex had refund money. I'm pretty sure this will happen again. Back than scattercoin ITO was little over 100btc and people complain and complain until bittrex refund the money. In this case we are talking about 2500btc. Do you really think they will get away with that?

scattercoin? i am not sure, but I have heard about other ICOs that went south and bittrex did refund. but only because success conditions are not met.

They refunded because Cryptoasian said that he is not going to verify that coin called clustercoin. So bittrex refunded before 3 days.
If only the developer was more of a player, he could have kept cryptoasian hanging for 3 days and got the funds. But it was his mistake that he tried to provide wrong identity to cryptoasian and got caught.

Okay, so this means that if blocknet's wallet and blockchain is working. Your money is gone. This is what success conditions are. You HAVE no right to ask for a refund at all.

Wouldn't go quite that far, but what's happened across so many altcoins over the past couple months also gives me pause and makes me more skeptical than I was before about whether human nature and libertarianism are compatible.

What you want is a balance of freedom and responsibility - freedom where people regulate themselves - or freedom isn't sustainable. It just becomes self-destructive anarchy. This altcoin ecosystem has been destroying itself. Just look at the total market cap. We used to be above $14billion - today, sliding under $5 billion amid all this scam crap.

Yeah let's regulate, have the Exchange/Exchanges put buy walls up.. So people can sell Blocknet and the rest of the trash...That's how we start.

Spoetnik, have you lawyered up yet? Hoping not all of them are at the bottom of the sea  :D