In my opinion it does not matter when they distribute the bounty tokens. Bounty hunters are not responsible for dumping anymore. Its team who does that in general with almost all the listed projects.
Anymore? What on earth you mean by that? Of course instant releasing free tokens are sell pressure similar to -50% discount tokens. it's $300k worth of bounty in this case + the what ever tokens that advisors get etc. As much as I would like the official ANN thread here on bitcointalk to remain strictly about the project so we can get answers about the tokensales and the exchange launch, I think it’s very important to investors that the team talks about the distribution of bounty tokens to bounty hunters. This isn’t the first time, and bounty hunters could do a lot damage if not handled properly. |
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BitMax volatility products seems to have gotten the attention of cryptocurrency traders and newbies. That’s one great product to take a look at before making speculations about any cryptocurrency product. Is there a video on how it all works? |
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I already completed KYC weeks back. Minedblock promised to give back $2 worth of tokens spent during the KYC back. When would that happen and when would MBTX tokens be listed on an exchange? How about the team lists both tokens on an exchange ?
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I just found out BCNEX has a lot of partners , not just partners but funding partners. BCNEX signed a contract and got support from two different projects, Akamai and CMC landing. I think that’s necessary for a top exchange.
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Yeah. That’s right. I read about BitMax volatility products. I think to be the best exchange would need an extra feature that keeps BitMax users ahead of others. I can’t wait to get my hands on BitMax volatility products.
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hey I was going through the rules of social media bounty campaign, and I noticed KYC is mandatory for this bounty as well. Make sure you do KYC if you want to participate.
I’m not a fan of KYC process required to buy cryptocurrencies like we see on most exchanges including binance. They don’t get the reason for a decentralized currency with no links with holders. Hopefully, BCNEX keeps these personal information private. |
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Why this is security token? is there will be some dividends for token holders?
As I see you have 2 types of tokens: MBTU (which is utility token) and MBTX (which is security token). What are the diferents between them? And which type are you selling?
They had MBTX which is a Security token. You earn dividends when you hold MBTX. Recently, they launched a utility token, MBTU, you don’t need a KYC to buy MBTU. It’s listed on DCOIN for IEO. But you’ll need KYC for MBTX purchase on Minedblock website. So they are selling 2 types of tokens? MBTU is selling as IEO on exchange and MBTX will be selling like ICO on their website? Why investors should buy utility tokens in this case? And who is approved their tokens as security? SEC? Yes, SEC. Minedblock was the first STO tokens from a mining project. I guess that’s the reason they got a lot of attention from investors. |
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I am interested in the sales concept that you offer, why do you provide each BCNX sales period for each currency, and are you not interested in using the IEO
Team is following this new approach. And they are successful in this approach as well. However I am also not sure about the reason behind this. I think they ar trying to do something different. It’s the right time to invest in cryptocurrency exchanges with crypto. These coins are worth more than they were few months and weeks back. I guessed it all worked out for the BCNEX team in all. |
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BCNEX has a lot of specific strategies to let people know this project more and this is also a good opportunity for bounty hunters because they will have more new options in making money. I think this exchange is changing dramatically and they are very successful in marketing strategy so make sure everyone involved in this project will soon be happy about the amount of time they work. I am personally a loyal member of this project and will continue to support until the end
Having the best marketing team means a lot more. Top exchanges like binance, KuCoin, Huobi, BitMax and OkEx seems to have gotten this right from the very beginning. BCNEX would need that to be a top exchange. |
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Launching in another exchange is not that easy work as far as I know. And involves huge money as well.
It's not as easy as we imagined and I think the team also has plans about it so it's better let's just trust the team I hope they can finish the job smoothly the most important thing is to continue to follow the progress [/quote] This just makes it a fact that it could be really difficult to raise funds for a mining project within the crypto firm. Minedblock having shown to be a project with a honest team should decide what to do next. |
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Why this is security token? is there will be some dividends for token holders?
As I see you have 2 types of tokens: MBTU (which is utility token) and MBTX (which is security token). What are the diferents between them? And which type are you selling?
They had MBTX which is a Security token. You earn dividends when you hold MBTX. Recently, they launched a utility token, MBTU, you don’t need a KYC to buy MBTU. It’s listed on DCOIN for IEO. But you’ll need KYC for MBTX purchase on Minedblock website. |
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Social media bounty is good way to earn tokens, hope I am not too late. Will try to participate in this bounty, let's see how much token I can get.  You're just in time, the social media campaign begins by tomorrow, do well to add it to your schedule for tomorrow. It promises to be great and huge number of tokens as well as ethereum has been set aside for the bounty. Ethereum is for participating in exchange trading or its for social media bounty as well? 24 ETH is good amount and if it's for social media bounty then I will definitely join this one. I just checked and found that the 24 eth is not for social media bounty. I was also resolute on joining the campaign if 24 ethereum was to be distributed. I know most social media campaigns don't share ethereum. You can still check to verify with this link - https://bitcointalk.org/index.php?topic=5149292.0Certainly meant for the trading competition. The trading bounty has 24 ETH and some BCNEX tokens for the winners. You could earn free crypto tokens in BCNEX participating in the bounty. I think that’s a lot. |
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I've once thought that IEO would be the best option for tokensale, since the exchange serves as an Escrow to ensure that investors are not scammed as regards ICO where investors deal directly with the project administrators. The first IEO on binance was a huge success and that gave investors a better avenue to support a project they believed would be lucrative in the future.
It's disheartening, that exchanges are beginning to loose the reputation entrusted to them by the investing public and this spells doom to IEO tokensale.
What’s next ? We had ICO , STO and now IEO all from Minedblock to raise funds and build a mining facility. All doesn’t seem to have worked out well. Maybe another IEO on a different exchange but it Would be great to know what plan the tram have next. |
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This is nice. A new option for bounty hunters to get BCNEX tokens and promote BCNEX exchange. Now more people would be rooting for BCNEX exchange. |
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IEO round three is going on at DCoin exchange. This tells me that IEO going well, and current market conditions is also supporting it
I think it's seems to be 2nd round is going on with 10% bonus as per that progress bar and it will ends on 31st May. Might be 3rd will start after 31st May? Or I am seeing something wrong? Oh, how nice it would be to give a positive update. The IEO on DCoin isn't going as well as they are suggesting: Even though Round 1 says that it was 98% sold out and Round 2 is currently at 79% remaining it turns out the exchange has been manipulating the progress bars. We will update further once we have an official report from the exchange. #100%Transparency #BrutalHonesty That’s really not good news but it’s amazing honesty coming from the Minedblock team. The team would need to be honest once mining starts, and you seem to be ready. I’ll expect an official report from Minedblock team and an update on your next move to raise funds. Thumbs up. |
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Indeed there are some phenomenon, but I think the gap between Vietnam and Korea is quite far. In fact, Vietnamese teams still rely on signals from Koreans, for example, the projects listed on the Korean floor are very popular among Vietnamese people. Moreover, if it achieves outstanding success, Bcnex is just one of the few projects considered successful from Vietnamese people, it is difficult to compare with other developed countries. Hopefully in the future, with the help of the community as well as the government's easing will be a big support step for similar projects of bcnex. As a Vietnamese, I fully support potential projects like this!
Best part about BCNEX and one oreaaon they’re gaining traction is that they seem to be the first exchange that supports fiat currency from Vietnam. That’s a big future. A lot more people from Vietnam would get their first cryptocoins on BCNEX. That’s awesome. |
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BCNEX testnet seems to be going on fine. I think they’ll take note of issues with that and fix it by July when the exchange would be launched. I hope to see the next binance.
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The progress of the IEO came to halt from yesterday. Its still showing 95% still remaining. Hope they will atleast close at 50%.
I guess the update are done manually or after a substantial amount of token are being sold, because I'm certain some sales were made but the meter wasn't updated. IEO related information is managed by Dcoin exchange or by minedblock? Exchange should have the information and I don't think they will be updating manually. What’s going to happen to the unsold tokens? Are they going to be burnt or locked? The team isn’t saying anything about that. I guess they don’t know about the progress of the IEO, and how much tokens was sold. |
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Minedblock has announced the next round of IRO on Dcoin. It’s going to start Monday: www.dcoin.com/ieo. It’s nice to know that we can mine multiple tokens on Minedblock without out having to take care of the facility yourself. I guess it's getting interesting and price are increasing. Do mineblock list the type of coins they will be able to mine? Is mining token possible? Since it's under parent blockchain No, I don’t think Minedblock tokens can be mined. The team has said nothing about that. About tokens they plan to mine, they have the top 10 tokens. But BTC makes about 50% of mining. |
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When it comes to security of exchange or security in general, there's always something more to do. This explains why despite the fact that binance had a good security system, hackers were still able to part away with 7,000 btc. To be on the safe side, it's necessary to continously update the security outfit.
Yes, Bcnex needs to consistently upgrade their system to ward off intruders from the exchange. The issue of hackers are quite disappointing and that's one of the challenges we face in the cryptocurrency industry. I believe a standard should be enacted to tackle this issue and give credibility to our trading platforms. With the amount they’ve gotten from tokensales already, they could do so much to make this an amazing exchange project. They seem to be o have a good start by having a lot of investors interested in BCNEX, and that’s good for any exchange. |
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