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201  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 13, 2017, 09:18:27 PM
How will be the money, collected during the ICO be spent?

ICO funds collected will all be spent on completing build of the exchange platform - the main expenses are wages for the developers
202  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 11, 2017, 01:50:34 AM
You misunderstood - and I promise you will grow to love the amend button!

Of course we will still have a cancel button... but we will ALSO have an amend button.

Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one

Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.

Any beta version of the exchange and will it have support for android /ios apps since apps is something which bittrex doesnt have.

User interface demo should be released on Monday or Tuesday, Beta platform end of January

And yes Blockbid will have at least an iOS app

203  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 11, 2017, 01:45:25 AM
why do you need blockchain for this project?

If you scroll back you'll see a comprehensive answer to that question
204  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 11, 2017, 12:07:02 AM
Where are Blockbid tokens transferred after using them to get a discount on the exchange?

Blockbid tokens are sent to our company wallet when a user wishes to use his discount
205  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 11, 2017, 12:05:57 AM
You misunderstood - and I promise you will grow to love the amend button!

Of course we will still have a cancel button... but we will ALSO have an amend button.

Amend buttons are good if you want to increase or decrease the price point or number of units in a buy or sell order - much fewer clicks required than if you needed to cancel the order and place a brand new one

Re filtering out scam coins, and coins with virtually nil trading volume, we are still refining the process of elimination.
206  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Blockbid: 90% Reduction in Coin Supply on: November 09, 2017, 11:55:56 PM
If the funds collected from the sale of 3 million tokens is not enough to run the platform, how will you find additional money?


We have a large network of traditional investors that are interested in providing equity funding if required - but if we sell the full 3m tokens then that should be sufficient

But wouldn't it make sense to get the large network of traditional investors on board anyway?

They are already on board in that many of them are friends that support our project - but if we don't need their money we aren't going to take it just for the sake of increasing our bank balance...

All good! And yes we are always open to equity investment also as long as it's on fair terms.

No of course not to just increase your bank balance but maybe you have good use cases for the money and could expand the team and development, marketing and all that stuff. But yes, you know better what to do and how to proceed with your stuff than I do I guess Smiley Just saying

Hey was checking by here and saw you answered my post while it seems it didn't work out properly. Empty quote!

Ah so you can't see my response?
207  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 09, 2017, 07:05:50 PM
Are there any restrictions on purchasing Blockbid tokens for citizens of Japan?

Japan is fine, no issues at all
208  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 09, 2017, 07:04:02 PM
I've not been following this thread as I used to but from the OP...

Quote
Fully compliant with Australian AML/CTF Act

Does this mean it's closer to say Bithumb which you can't trade on at all unless you divulge all your personal info or Binance which you can trade on/withdraw without doing that provided it's not more that 1BTC?

Binance... we will still have 2 minute simple signup and trade option
209  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 08, 2017, 12:09:02 AM
Will it be possible to enable the automatic extension of the discount time if there are several unclosed exchange transactions on my account?


Now THAT is a good question... we hadn't thought about orders that remain partially filled at the end of the free trade window...

I'll discuss with the team in the morning and get back to you.

Only the part of the order that has been filled at then end of each window will be free - allowing otherwise would leave us open to exploitation ie users intentionally partially filling hundreds of orders.

Of course if a user wants to extend the free trade period this can be done by redeeming an additional token.
210  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 03:33:39 PM
On which other platforms besides Blockbid can I exchange Blockbid tokens to another crypto currency?

BID tokens will most likely be listing on Coinexchange and Livecoin at the end of December
211  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 03:29:05 PM
With which crypto-currency will I be able to pay for Blockbid tokens during ICO?

ETH is the only currency you can purchase BID with... needs to be sent to the Blockbid wallet from an ETH wallet such as MEW (MyEtherWallet)

Once you send to our address your tokens will appear in your wallet within a few minutes.

Our address is

0x029b0c90db9a97aab252da5b292b6061d397fa95

And the current rate of BID sent per ETH received is 320
212  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 01:29:38 PM
Will it be possible to enable the automatic extension of the discount time if there are several unclosed exchange transactions on my account?


Now THAT is a good question... we hadn't thought about orders that remain partially filled at the end of the free trade window...

I'll discuss with the team in the morning and get back to you.
213  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 01:26:27 PM
Can I pay a commission on the exchange of crypto-currencies with Blockbid tokens on your stock market?


? 🤔
214  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 01:16:27 PM
Is the number of transactions I can make on the Blockbid platform limited while the discount is valid?

Unlimited transactions and unlimited trade volume during the free trade period that each token allows.

This is one of the reasons we feel our token will become very valuable.
215  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 07, 2017, 01:13:35 PM
How often does your team read common users' feedback? Do you take into account the wishes of holders of a large number of tokens?

Very responsive to feedback and we encourage as much feedback as possible.

One of the reasons we launched our ICO relatively early in our development is that we wanted to utilise as much input from passionate crypto traders and investors as we could.

Whilst we have our own ideas and plans for the exchange, there is always room for improvement and to implement additional features that we may not have considered.

Blockbid will be to a large extent "crowdbuilt", not just crowdfunded.
216  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 06, 2017, 03:14:34 PM
Which data mast I provide in order to access private beta testing of Blockbid?

Not much for beta testing... just send us an email info@blockbid.com.au

We will let you know when beta platform is ready
217  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Blockbid: 90% Reduction in Coin Supply on: November 06, 2017, 03:12:30 PM
The decission to reduce the total coin supply will helps in building it's price but will still be needing a good marketing strategy and promotions for the cryptoworld to be aware about your decision and about the project itself.
In that way, it will have the support and adoption of the community.

Yes agree.. although as a serious project we don't want to go overboard on the marketing. Our plan and team and credentials and professionalism should speak loudly enough.
218  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 06, 2017, 02:51:16 PM
As an aside - we are looking for Japanese and Vietnamese translators

If you or anyone you know can assist please call Gabriel on 61 422 882 788 between the hours of 9am and 11.30pm Australia Eastern Time
219  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Blockbid: 90% Reduction in Coin Supply on: November 06, 2017, 02:46:52 PM
Yes we are... NFC is in the roadmap
220  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ICO - Blockbid: Bringing Stockmarket Exchange Quality to Cryptocurrency on: November 06, 2017, 01:28:03 PM
On what date is the official release of the Blockbid platform with a full list of available features scheduled?

Full live launch scheduled for March 2018 - if we can perfect the platform earlier we will, if it takes a little longer to perfect the platform then it may be April.

One thing we aren't going to do is launch a substandard trading platform.
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