Now is just a very good time to launch such a project. I am very glad that you have collected the soft cup and I hope to see the working project soon.
Thanks for your support To stay most up to date everyone should join our Telegram room where and our ICO contributors are the most active https://t.me/Blockbid |
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with the huge increase of Ethereum a lot of ICO-s lower their ETH prices, or offered to their investors free coins to compensat this growth.
Any plan of doing it in this ico?
We aren't planning to do that... |
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Blockbid is pleased to reveal a Demonstration User Interface for our upcoming exchange launch. It can be viewed here (and tested albeit with limited functionality at this stage) https://blockbid.com.au/ExchangeThere will be many more features implemented for and during beta testing, and many more again in preparation for public launch. We welcome and encourage all feedback and criticism. Also bear in mind that for live launch we intend to provide the user with a choice of colour scheme (as opposed to simple night/day mode offered by some current exchanges) Thanks again for all your support and let's continue to work together to make BlockBid the best exchange that Crypto has ever seen. The Blockbid Team We have reached softcap, Ann thread here https://bitcointalk.org/index.php?topic=2581437.new#new |
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Blockbid is pleased to announce that our softcap of 1 million tokens sold has been reached. There are still 2 days left to participate before our ICO closes on December 16th at GMT 1pm. Token price is 200 per ETH and can be purchased here https://blockbid.com.au/#icoEach token provides the holder with 30 minutes of completely fee-free trading, which we may be increasing to 1 hour or potentially more once we launch live. The fee-free window will never drop below 30 minutes. Thanks to the community for all your support, and we look forward to delivering the world's best Cryptocurrency exchange in the coming months. |
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Thanks, we will be in touch on Twitter via PM
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Which data will be stored on blockchain?
Could you clarify exactly what you mean? Any transactional data in a blockchain is stored on that blockchain |
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How much is it going to cost you to build the exchange? What country do you operate out of?
From when we started until live launch in March 2018, about USD$2m We operate out of Melbourne, Australia |
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Ok by the way what is the 90% reduction in coin supply based on? Are those unsold tokens you plan to burn or is it something else? It's a reduction in the hardcap we originally had of 30m tokens... so it means we won't and can't raise any more money than we actually need, and ensures our market cap stays very low. Just out of interest: why can't you raise more money than you need? I mean theoretically you could or what is the point? Raising more money than an ICO needs just inflates market cap needlessly. |
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Ok by the way what is the 90% reduction in coin supply based on? Are those unsold tokens you plan to burn or is it something else? It's a reduction in the hardcap we originally had of 30m tokens... so it means we won't and can't raise any more money than we actually need, and ensures our market cap stays very low. |
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You should consider why Bittrex changes its specifications.  ----------------------------------------------------------------------- This email is to communicate policy changes for placing orders on Bittrex. As you know, Bittrex is committed to providing fair and efficient price discovery and these changes are designed to improve the overall trading experience on our markets. Removing stale orders: Effective today, Bittrex will be removing orders that are older than 28 days. As we’ve communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books. Raising the minimum trade size: Within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. We will also require a minimum trade quantity on a per market basis. Creating minimum tick sizes: Within the next 2 weeks, on a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price. The current minimum tick size is 1 Satoshi. For example, Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next levels allowable levels on the order book will be 0.0576 and 0.0578. A general statement about market manipulation tactics: Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities. For more details around these policy changes, see this article. https://support.bittrex.com/hc/en-us/articles/115003004171 Thank you, Bill Shihara Chief Executive Officer Thanks and yes, don't worry we all received the Bittrex update and are taking into account. It reminded me to implement another Stockmarket feature into the ordering options when placing buy/sell on Blockbid, and that is length of order - ie on most Aust Stockmarket exchanges you can either choose "good for day" or "good until cancelled" - as in good for day means that if your order or part thereof hasn't been filled by end of trade that day, it is automatically cancelled. We will be implementing these two options, plus a third option, "good for 30 days" or 28 days, yet to be decided. This will allow us to bypass the mass manual cancellation of majority of stale orders that Bittrex is currently spending time and money on. We may even do away with "good til cancelled" so that all orders not completed within 28/30 days are automatically cancelled by our systems. Now isn't that a better option than Bittrex has evidently decided to use, of "once in a blue moon we will manually cancel stale orders" And Bittrex is a top tier Altcoin exchange?? Took us 45 seconds to come up with a better solution. Thank you for answering. How about the matter of minimum tick sizes? I think that 1 satoshi is too fine. Minimum tick sizes we will wait until we are into Beta testing before making any decisions there... most likely minimum tick will be above 1 sat |
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You should consider why Bittrex changes its specifications. ----------------------------------------------------------------------- This email is to communicate policy changes for placing orders on Bittrex. As you know, Bittrex is committed to providing fair and efficient price discovery and these changes are designed to improve the overall trading experience on our markets. Removing stale orders: Effective today, Bittrex will be removing orders that are older than 28 days. As we’ve communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books. Raising the minimum trade size: Within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. We will also require a minimum trade quantity on a per market basis. Creating minimum tick sizes: Within the next 2 weeks, on a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price. The current minimum tick size is 1 Satoshi. For example, Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next levels allowable levels on the order book will be 0.0576 and 0.0578. A general statement about market manipulation tactics: Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities. For more details around these policy changes, see this article. https://support.bittrex.com/hc/en-us/articles/115003004171 Thank you, Bill Shihara Chief Executive Officer Thanks and yes, don't worry we all received the Bittrex update and are taking into account. It reminded me to implement another Stockmarket feature into the ordering options when placing buy/sell on Blockbid, and that is length of order - ie on most Aust Stockmarket exchanges you can either choose "good for day" or "good until cancelled" - as in good for day means that if your order or part thereof hasn't been filled by end of trade that day, it is automatically cancelled. We will be implementing these two options, plus a third option, "good for 30 days" or 28 days, yet to be decided. This will allow us to bypass the mass manual cancellation of majority of stale orders that Bittrex is currently spending time and money on. We may even do away with "good til cancelled" so that all orders not completed within 28/30 days are automatically cancelled by our systems. Now isn't that a better option than Bittrex has evidently decided to use, of "once in a blue moon we will manually cancel stale orders" And Bittrex is a top tier Altcoin exchange?? Took us 45 seconds to come up with a better solution. |
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Full live launch is currently scheduled for March, so late Q1...
The primary use for our tokens is to give the user free brokerage on all trades during a 30 minute time window of their choice.
Blockbid tokens will trade on EtherDelta and Coinex from late December, so whilst you won't be able to redeem them for free brokerage immediately, you'll still be able to trade them.
Large traders will likely try to accumulate Blockbid tokens on 3rd party exchanges before we launch because they will calculate the amount of money they can save in near future by owning them - to a large trader, each Blockbid token may save $50 in brokerage, so he would happily buy the tokens on exchanges a month before our exchange launches at say $25 per token.
So you plan to give free brokerage for a 30 min window in a day? Interesting. That means when prices are actually volatile, the people will still have to pay brokerage but if the price is going smooth then they can withdraw at their time of choosing to save that money? Do i need to declare a 30 min window days before or can i do it upon my will? You certainly have got me intrigued now. My apologies I missed this reply / question, just found it now. Yes the window is entirely at your discretion - you can save your token/s until you know you will be doing some higher than average volume trading to maximise your savings. Could you clarify what you mean by " if prices are volatile then people will still need to pay brokerage?" If you redeem your token, you will pay zero brokerage during the free trade window regardless of market conditions... I meant like i trade on those coins which move up and down quite frequently in a day. Like Adex. I have declared a trade window of 7pm to 7.30 pm. But i saw that the coin is likely to drop prices at 5 pm and i want to buy it at that time and want to sell that 7.15pm. I will have to pay brokerage for the buy order at 5 but it will be free when i do the sell order? Is that what you meant? Yep, that's exactly right... |
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502 An error occured with your deployment.
when I open the link you offer, Is it working? please make sure it works properly
Hi could you check again and see if there is still an issue? |
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Blockbid is pleased to reveal a Demonstration User Interface for our upcoming exchange launch. It can be viewed here (and tested albeit with limited functionality at this stage) https://blockbid.com.au/ExchangeThere will be many more features implemented for and during beta testing, and many more again in preparation for public launch. We welcome and encourage all feedback and criticism. Also bear in mind that for live launch we intend to provide the user with a choice of colour scheme (as opposed to simple night/day mode offered by some current exchanges) Thanks again for all your support and let's continue to work together to make BlockBid the best exchange that Crypto has ever seen. The Blockbid Team |
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Blockbid is pleased to reveal our Demonstration User Interface for our upcoming exchange launch. It can be viewed here (and tested albeit with limited functionality at this stage) https://blockbid.com.au/ExchangeThere will be many more features implemented for and during beta testing, and many more again in preparation for public launch. We welcome and encourage all feedback and criticism. Also bear in mind that for live launch we intend to provide the user with a choice of colour scheme (as opposed to simple night/day mode offered by some current exchanges) Thanks again for all your support and let's continue to work together to make BlockBid the best exchange that Crypto has ever seen. The Blockbid Team |
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Full live launch is currently scheduled for March, so late Q1...
The primary use for our tokens is to give the user free brokerage on all trades during a 30 minute time window of their choice.
Blockbid tokens will trade on EtherDelta and Coinex from late December, so whilst you won't be able to redeem them for free brokerage immediately, you'll still be able to trade them.
Large traders will likely try to accumulate Blockbid tokens on 3rd party exchanges before we launch because they will calculate the amount of money they can save in near future by owning them - to a large trader, each Blockbid token may save $50 in brokerage, so he would happily buy the tokens on exchanges a month before our exchange launches at say $25 per token.
So you plan to give free brokerage for a 30 min window in a day? Interesting. That means when prices are actually volatile, the people will still have to pay brokerage but if the price is going smooth then they can withdraw at their time of choosing to save that money? Do i need to declare a 30 min window days before or can i do it upon my will? You certainly have got me intrigued now. My apologies I missed this reply / question, just found it now. Yes the window is entirely at your discretion - you can save your token/s until you know you will be doing some higher than average volume trading to maximise your savings. Could you clarify what you mean by " if prices are volatile then people will still need to pay brokerage?" If you redeem your token, you will pay zero brokerage during the free trade window regardless of market conditions... |
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Full live launch is currently scheduled for March, so late Q1...
The primary use for our tokens is to give the user free brokerage on all trades during a 30 minute time window of their choice.
Blockbid tokens will trade on ers and Livecoin from late December, so whilst you won't be able to redeem them for free brokerage immediately, you'll still be able to trade them.
Large traders will likely try to accumulate Blockbid tokens on 3rd party exchanges before we launch because they will calculate the amount of money they can save in near future by owning them - to a large trader, each Blockbid token may save $50 in brokerage, so he would happily buy the tokens on exchanges a month before our exchange launches at say $25 per token.
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Will assets on Blockbid platform be protected from cyber attacks? What mechanisms will be used to do this?
In addition to best in class security protocols, we have also arranged a tailored insurance policy that with cover user assets in case of a cyber attack - the first crypto exchange in the world to offer this. Risk of digital asset loss via hacking is one of the main concerns preventing Stockmarket and FOREX traders moving into the world of cryptocurrency - we have removed that barrier. |
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