I think, arround 1500 Blocknet share have to destroy.
When will this happened?
Once it's been ascertained that the ITO is a success. only 1500 of 10 millions ? He means ~1500 BTC worth of BLOCK. |
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I am the btc buyer. I don't agree anther 10% discount. BTC buyers have no 10% discount as stated. It's no problem with me, if they don't want to give me 10% then I want a refund. I will sending them the blocks then they send me back my coins, simple. I am sure atcsecure and his team are honest, unless there is scandalous or scam is going on that we have not seen. They already said that the reopening of coingateway in these AFTER ITO dates DO NOT get a 10% bonus. The 10% bonus was only during the ITO period, which ended on Nov 5th. |
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and once it gets a little lower like 15 btc before a no go people will panic sell so they don't have to wait for bittrex to refund them that will take over a week. looks like blocknet is a fail
I will be dumping my 13.39 btc once it gets close
please don't. He's obviously full of shit and just trying to cause panic sells. On a related note, if it gets down to the wire, I will be putting up a 50 BTC buy at 0.00025001. |
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We've got to hold strong another ~55 BTC worth for the next 10 or so hours!! HODL
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So we have confirmed numbers so far:
- Poloniex = 24 BTC + 32Million NHZ (how much is that in BTC?)
- BTER = 112 BTC
- Bittrex = 282 BTC left, refund still in progress
- CoinGateway = 348 BTC + 107 BTC "inadvertently locked" or anacounted or ...
Total = 766 BTC sold in ITO + 32Million NHZ (+ 107 BTC unclear state on CoinGatway)
Is this total what everyone agrees right now? Can somebody who has some official status in this mess confirm/deny?
CoinGW: 1823928.80034 Tokens (455.9822001 BTC worth aprox.) BTER: 112 BTC POLO-BTC: 23 Btc POLO-NHZ: 182,503.68 Tokens - (about 45btc worth) Trex: 280 BTC (TBD at end) Those are the current official #'s Dan So if another ~65 BTC are refunded on Bittrex it will fall below the 850 BTC minimum requirement. |
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You know what? I'm not interested anymore. I prefer to spent my BTC somewhere else  Thx for You time & politeness So not only are you unwilling to do any of your own research, but you base your investment decisions off of one community member? Nice. |
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Tbh only XC came out of that really badly. The other guy representing SDC was just kind of listening to what the XC scammer guy had to say. Its just really sad to see that some altcoin devs buy coins from each other for coordinated pump and dump. The usecases behind blockchain technology is mind breaking... But not for those people... Are you an idiot? When DRK had it's huge pump a while back, it was coordinated between 5 pump groups. How do you think pumps work exactly? Every coin that pumps has "pump group/s" behind it. |
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.....
So who would be motivated enough to burn btc in order to stop this ITO from reaching the 850btc needed?
.....
Who ? You asking? Spoetnik, UnicornFarts, rdnkjdi, leewilson.... the list goes on and on. Have't you seen how desperate they were ? It was already leaked that rdnkjdi admitted to someone via PM that he was unicornfarts and one other troll account (but I forget the 2nd one) |
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Arlyn and mxxxxxxxxx Did you get the unsold blocks from bittrex?
No, I have not. They are still at the exchange Bittrex will burn all the unsold coins, as for our escrow, it will be a multisig 2 of 3 with coingateway and a online enterprise multisig wallet provider. Thanks Dan. BlockNET is going to rock this space! Don't let the haters, trolls, and FUDsters get you down. You are revolutionizing cryptocurrency as we know it! And it's clear to me that you are genuinely passionate about tech. I truly hope we hold our 850 BTC minimum requirement! |
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Yea, this refund is pretty messed up. With even 1 BTC you can many times over buy at 0.000252 and sell at 0.00025, rinse and repeat and completely mess up the numbers. It is not an accurate reflection of people who truly want refunds.
This entire ITO is botched, especially with Poloniex open trading...
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It looks like if another 100 BTC (conservative estimate, it might be considerably less) is sold into the Bittrex buy wall, the ITO will, "fail," according to the ITO terms established.
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Can anybody tell me please. Why does people sell their Block to wall atm? When my last information is true and the project fails everybody get refunded through another buy wall. Can anybody from the stuff confirm this. I am confused Yes, if the ITO fails to collect 850 BTC, everyone will be refunded. |
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It's not hard to calculate roughly how much has been directly returned to Bittrex.
Just take into account the 24 hour volume. Right now, it sits at 188 BTC 24 hour volume. Immediately when the ITO refund started, bittrex had around 125-130 BTC 24 hr volume.
So, around 50-60 BTC has been traded since the refund period started. Of this 50-60 BTC, about 5-8 BTC was traded at prices above 0.00025. So, about 45-53 BTC has been sold back directly into the bittrex buy wall at 0.00025.
As for people creating buy orders at 0.00025, well, bittrex bids will be filled first.
So, all we need to get a rough estimate is the 24 hour volume (and to monitor the trades above the buy wall price of 0.00025) and compare with how much we know bittrex sold, roughly 420 BTC. As of now, I would estimate that about 45-53 BTC has been refunded back to Bittrex, and about 370 BTC of their buy wall remains.
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When will the XC thread reopen?
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How many more hours are there until the ITO stops selling?
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Wow, just read this. That's a pretty huge buy! |
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So I have some exciting news...
Anyone feel like buying a few more BLOCK with altcoins?
Exiting news= changing the terms of the ITO in order to try and surpass and stay beyond the minimum sell amount for "success"? Are these the block from poloniex? Not sure if I like this idea either. I personally don't think that the terms of the ITO should be changed. At the same time, let's try to avoid interpreting every decision they make and every word they say in the absolute worst possible light. Let's try to be objective, while still asking the hard questions. |
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TK808 - Co-founder and CEO of CoinsSource has indeed responded to my PM so apologies to him for claiming he's ignoring me. I assumed he'd want to respond publicly in this thread so didn't expect a PM. Here's what he had to say: tk - I still believe a public apology to Dan and his respective projects is in order but I commend you on taking action against Aleppo. Aleppo Allesadero, it seems you have precedence for poor journalism. I hope prospective employers see this and you never work in journalism again. Justice. |
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Bittrex started with 850 BTC. How much did Polo and BTER start with?
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