Everything is free, you don't need to pay for anything. How many users registered today please? I would like to get 50$ reward in XRP, hope I am not too late.
$50  5 Simple Steps To Earn 25$ XRP Bcnex.netRegister a Bcnex account $5Like and share FacebookLike Bcnex fanpage and share the event post $5TwitterFollow Bcnex Twitter and retweet the event post $5XRP WalletFill in the form your XRP wallet address (Don't forget XRP Deposit Tag, MEMO if needed) $5KYC AccountFinish KYC verification on Bcnex $5Total is $25 not $50 1000 first people, will get a double reward each task they complete. So if you complete all the tasks first you will get 50$. Do you have to complete all five tasks and only get paid if you so or do you pay out the rewards for each task individually? I am still a bit hesitant when it comes to KYC. |
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Awesome! Hey do I have to register at site now? Or only on 16th? I know airdrop page will open on 16th midnight but exchange site registration can be done now? To receive the most benefits, you should register Bcnex account on 16 June 00:00:00 (GMT+7) So, what about the people who register before, will we still eligible in the airdrop and still receive xrp ? Yes, anyone can join this super airdrop until out of budget. Do these XRP worth 2 million come from a partnership with XRP or do you use the funds you got from your ICO to pay for the XRP? It's such a huge amount, so I am wondering how you managed to offer this airdrop to your community. |
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Anyone here who already participated in this XRP airdrop and can tell me if it is required to do a KYC in order to be eligible for a reward?
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STP Trading price on Bittrex actually went lower than the tokensale price few hours after its listing. I guess that was week hands letting go and whales buying more. Now, STP tokens is on the rise.
Yeah. It's a normal occurrence especially just after the project gets listed on an exchange. The price usually gets low because of weak hands dumping. I’ll be there to get these tokens off those weak hands, as much as my finances would allow me to. Whales would be doing that too. But it’s gone high again. And I don’t think it would be going lower anytime soon. the current price I see STPT down 25%, is that correct? I'm a little confused, even though STPT is traded in Bittrex and Upbit, but this token is ranked 1862, is there something wrong? i just checked it currently down 30% and you are right about the ranking it ranked 1862, guess the market is not favouring to STPT It's only rank 1862 because it hasn't been properly ranked at all. CMC does its ranking according to the total market cap, means price * circulating supply. But for STP they don't have a number for the circulating supply. That's why there is no market cap for STP so far. |
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STP Trading price on Bittrex actually went lower than the tokensale price few hours after its listing. I guess that was week hands letting go and whales buying more. Now, STP tokens is on the rise.
Well, most of the tokens got sold during a private sale. So the private investors there probably got a better deal than the investors in the Bittrex IEO. That's most likely the reason why its trading below the IEO tokensale price. |
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will KRW team be attending the conference? if so the bcnex team should try and network with a lot of these teams, we dont know who will be a great partner to bcnex?
there is still no further notification about KRW attending or not, but if BCNEX is present at the event, it will definitely get a great partner. Isn't KRW just the abbreviation for the South Korean Won?! There isn't a KRW stablecoin like USDT, isn't it? Or are you talking about a potential fiat gateway for BCNEX that supports Korean Won? Meeting and connecting with one or more founders at the event should be the priority at this point. There would be a lot of successful projects at this event Maybe not only other founders but also VCs or angel investors? Sure, the ICO is almost over but maybe they can still find some investors for their case on that conference, |
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So you are saying that only if you'd raise more than 7 million, the ROI for your investors would improve?
No... That is one accumulator that would increase ROI's. The markets would play another factor, then there is the Buy-back scheme to increase speculative token cost and reduce circulation, an aggressive growth plan will see MinedBlock's assets increase in volume monthly. There are many other factors which help MinedBlock stand out from the rest, I Simply was explaining how we could halve our softcap and have the same attractive ROI. Okay, I understand. So this ROI you mentioned is only calculated with the mining profits at current market prices, right? |
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The tokensales was incredibly fast and sold out in less than a second. I knew that the tokensales would be fast, but never believed it would be this fast. Am still in shock how people were able to buy, I placed my order, but guess my Internet access wasn't fast enough to compete with others. Exactly, I think this is also the reason why many projects are tilting towards IEOs. The success rate since its inception has been nothing short of extraordinary. Congratulations to the team for this success though. While for the projects itself it's definitely great when a token sale gets sold out so fast, I still don't really like it from an investors point of view. I mean, how was a human being able to invest in a less than a second?! I assume it was probably all done by bots/scripts, no chance to invest without such tools. It would have been better if they made a lottery and give the winners of that raffle the time to invest. But that's just my opinion. Well, you do have a point and I have seen it a lot recently. But does it really matter if people set up bots so they won't miss out on the IEO? It shows willingness and eagerness to participate and that's also a good score But in my opinion, everyone should have the same chance to participate. I know that using these kind of scrips or whatever technically isn't illegal or against the TOS hut it really bothers me that you have no chance to invest at all if you don't have access to these tools. Whatever. IEO is over. Let's see now at which price the trading starts. Maybe it still makes sense to get some tokens from the exchange. |
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will KRW team be attending the conference? if so the bcnex team should try and network with a lot of these teams, we dont know who will be a great partner to bcnex?
there is still no further notification about KRW attending or not, but if BCNEX is present at the event, it will definitely get a great partner. Isn't KRW just the abbreviation for the South Korean Won?! There isn't a KRW stablecoin like USDT, isn't it? Or are you talking about a potential fiat gateway for BCNEX that supports Korean Won? |
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The tokensales was incredibly fast and sold out in less than a second. I knew that the tokensales would be fast, but never believed it would be this fast. Am still in shock how people were able to buy, I placed my order, but guess my Internet access wasn't fast enough to compete with others. Exactly, I think this is also the reason why many projects are tilting towards IEOs. The success rate since its inception has been nothing short of extraordinary. Congratulations to the team for this success though. While for the projects itself it's definitely great when a token sale gets sold out so fast, I still don't really like it from an investors point of view. I mean, how was a human being able to invest in a less than a second?! I assume it was probably all done by bots/scripts, no chance to invest without such tools. It would have been better if they made a lottery and give the winners of that raffle the time to invest. But that's just my opinion. |
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Bcnex team always seems to have something good cooking for the project. Am really happy to know that the project is also attending this great conference. I do hope that the team seize the opportunity to explore other markets and see if Hong Kong currency could be added to the fiat currency which would be added to the exchange. Well, I haven't heard of this conference before so I can't say if it's a 'great conference' or not. Does anyone know which other projects are present there? |
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Well I personally feel your decision is a good one but my concern is whether reducing your softcap would affect the business plan. I will like to know
Absolutely not! We have a site ready to "plug and play" into (benefits of partnerships due to longevity) and so we can still offer at least an 8-10% ROI in 'Bearish' markets. The reduction allows us to setup earlier and attract more investment with an operational farm... But halving your softcap must have an effect on your business plan, right? I mean, you basically have to scale down your whole mining farm and therefore take longer to expand your business? Is the ROI of 8-10% the same you expected for a softcap of 1 million? The costs remain the same. If we raise over $7m then we would have a big enough power requirement to step down the supply and reduce costs by ~20% and then the ROI would increase So you are saying that only if you'd raise more than 7 million, the ROI for your investors would improve? |
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Well I personally feel your decision is a good one but my concern is whether reducing your softcap would affect the business plan. I will like to know
Absolutely not! We have a site ready to "plug and play" into (benefits of partnerships due to longevity) and so we can still offer at least an 8-10% ROI in 'Bearish' markets. The reduction allows us to setup earlier and attract more investment with an operational farm... But halving your softcap must have an effect on your business plan, right? I mean, you basically have to scale down your whole mining farm and therefore take longer to expand your business? Is the ROI of 8-10% the same you expected for a softcap of 1 million? |
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[...] - There have already been a lot of mining projects that have disappeared or closed their doors due to poor management or bad planning — we thought starting in a ‘bear’ market was a better idea, it allows us to structure the business around lower returns rather than becoming unsustainable. We may not have a new innovative product but we do have innovative business model to deliver an existing service to the market with greater sustainability, earning a passive income during a "bear market" and reaping even greater rewards when the markets go green, after all innovation is crucial to the continuing success of any organization
[..] First of all: Thanks a lot for this detailed update from your side. I really appreciate your frankness and how you communicate with your community. I just picked this part of your post, because I think, it's one of the most important reasons why the sales aren't going as planned. There are numerous mining-related projects that either failed already at the start or turned out to be a failure. A lot of people probably have doubts because of that. And the thing is, that's not MinedBlocks fault. |
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If there will be a personal softcap for each bug bounty and that is not interesting. But remember even so many big exchange sites like binance, coincheck never expected if there will be a vulnerability in their platforms.
It will always there but it's not yet discovered.
bug bounty is really important.
Sure, bug bounties can be important but I think with these bug bounties they don't really expect that bounty hunters discover really critical, security-related bugs. |
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I see that they decided to scale their business plan down a bit and also lowered their softcap. Probably a good idea. In the end they can still extend their business once all the mining equipment is running. they have also mentioned about the reason why they were not able to hit the softcap .it is good to know that mined block is maintaining transparency and working hard to get this project done well. Yes, right now there are lot of questions needed an answer, many people are now thinking on this project because they weren't able to hit the softcap, the team must focus on updating and giving a solution to this problem, Team needs to work hard and supporters need to support it further. Well, they are really communicative and open when it comes to the status of their token sale and don't pretend like they raised millions while that's not the case. That's definitely something where they are ahead of other projects. |
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I see that they decided to scale their business plan down a bit and also lowered their softcap. Probably a good idea. In the end they can still extend their business once all the mining equipment is running. |
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do you see this Bcnex is proud to announce the BCNX Token Swap Event!
1. You can swap BCNX received from Earn Program for XRP with a ratio of 1:1 (1 BCNX =1 XRP)
2. Please take note that the Earning program will be closed after 3 days to prepare for the swap event and other events.https://twitter.com/bcnex_net/status/1137960425897701376in my opinion this is very good strategy because more people swap their tokens with XRP, more they will avoid dumps in market when platform has been launched because few people will hold BCNX maybe team also plans to pay bounty participants with eth or btc  This is a very good strategy to keep the token from dumping since it will be held by few persons, though there's only an option to swap and some smart holders won't swap their Bcnex tokens for xrp. Please I would like to know the coin, because the ticker xrp is used by several projects. Well, the price of 1 XRP is $0,39 while the ICO price was 1 BCNX = $0.15. So I'd say it's smart for everyone who has the possibility to swap their earned BCNX to do so. I don't think BCNX will be traded for more than $0,39 at the start. |
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Do you want to create platform for token sale or blockchain for issuing tokens? Platform is not actual nowdays, as most of projects have IEO. And we have a lot of blockchain for issuing tokens (ETH, EOS, BNB, NEO and a lot of new: Tomochain, ICON, Zil etc.)
I think so far they have no plans to create their own blockchain but will serve as a protocol on the Ethereum blockchain. |
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