.......Many don't want me here because I keep pointing out major issues.
I like to ask you just one thing: Will you go for seppuku , if this ITO succeeds ? ? ? I can easily say I would without fear of losing....... Time to find a Tantō, man. You got only 36 hours left.... |
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.......Many don't want me here because I keep pointing out major issues.
I like to ask you just one thing: Will you go for seppuku , if this ITO succeeds ? ? ? |
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I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.
I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage. Yes I CAN. Withdraw is closed for Bloks, not bitcoins I can sell all my block's on bittrex, then imediatelly I CAN withdraw all received BTC's right into poloniex, and easy re-buy about +10% more bloks on poloniex. Why do you think I can't  ? |
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A lot??? Dont' be so sure
My calculations show, that to make a 200 BTC worth of BLOCK's "refunds" back into bittrex buy-wall, all is needed is to sacrifice only about 15-20 BTC.
That is $5-7K only. A lot on money for a a TEAM of SDC bagholders???
If someone wants (& I'm sure we have more then one such person) to make this ITO fail, all is needed is buy all BLOCKS at higher sell prices, in value about 220 BTC total , and dump all these BLOCKs back into bittrexs wall at 0.00025
At cost of 20BTC lost - this ITO can be ruined. I'm not joking, this is serious danger.
Too bad - we see so many BLOCK sellers in the price range of 0.00025 - 0.00027
Guys, if you want ITO to succeed - DO NOT sell even one BLOCK until bittrex refunding buy-wall is away.
Just STOP SELLING. AT any price !!!
You will see much better prices in a short time. Just HOLD those 2 days!
I think your estimate is low. It's probably closer to 40+btc. ...... Ask any FUD-ster, will he sacrifice 20-40BTC for the "saint goal" of ITO failure. They may not tell the truth, but IMHO some richer enemies sure would do this I think i found a cure. I'm going to deposit some more BTC from my long term BTC "hodling vault" to bittrex, put a large BUY at 0.00025001, and at the same time a similar SELL order at ~30K. ( or several at various levels, to avoid evidence) As soon as FUD-ster comes an buys my blocks at 30K, all these received BTC's will immediately be moved to my 0.00025001 buying spot, to strengthen my "trap" Do you think it may work? |
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@onealfa & cryptico
At bittrex only those can sell who bought there before. In the end it makes no difference if they sell into the wall or sell to somebody else who then sells into the wall.
How I see it - the ONLY limitation is that nobody can deposit to bittrex "from outside" But everyone can buy from a profit seekers now at higher price (even never purchased even 1 block during official ITO period), and immediately dump into bittrex wall. And it will automatically count as a "refunded block", reducing the total number sold in ITO. Fud'sters will do it again and again, until less the 850 total qty is reached. GCab, do you thing at bittrex there is some sort of tool or algorithm tracking the "origin" of every BLOCK. And only those BLOCK's purchased during oficial ITO period - will count ? If so - do you have proof of it? |
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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.
Volume figure is maybe not the best indicator. It counts all, not only bittrex's wall When buy wall was built - it was worth of ~423 BTC. We see it now 367. So 423-478= ~56BTC returned into the wall, as by this minute |
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Question:
What stops people on bitrrex that sell for the refund to sell on the wall, buy a bit higher and sell again on the wall if they want to ruin the project?
Pure genius! Why didn't I think of that?  What do you think people will not hurt this project on a small loss after all the smear campaign arganised here? First, assuming someone is willing to lose money, why do you think that will hurt the project? They will buy Blocknet then sell to people that are looking to buy it cheap. I don't see how that will hurt anything. Because the buy wall will be reduced to the point the project will not meet anymore the minimum Someone would have to be willing to lose a lot of Bitcoin. This conversation is moot because it's not going to happen. A lot??? Dont' be so sure My calculations show, that to make a 200 BTC worth of BLOCK's "refunds" back into bittrex buy-wall, all is needed is to sacrifice only about 15-20 BTC. That is $5-7K only. A lot on money for a a TEAM of SDC bagholders??? If someone wants (& I'm sure we have more then one such person) to make this ITO fail, all is needed is buy all BLOCKS at higher sell prices, in value about 220 BTC total , and dump all these BLOCKs back into bittrexs wall at 0.00025 At cost of 20BTC lost - this ITO can be ruined. I'm not joking, this is serious danger.Too bad - we see so many BLOCK sellers in the price range of 0.00025001 - 0.00030 Guys, if you want ITO to succeed - DO NOT sell even one BLOCK until bittrex refunding buy-wall is away.
Just STOP SELLING. AT any price !!!You will see much better prices in a short time. Just HOLD those 2 days!P.S. I was stupid enough to put some sell orders at 27K-29K. Have removed them all now. Think about it, and do likewise |
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Can you release the official number of Block sold in BTC please? thank you.
I don't have access to figures at the moment but here's my rough estimate: Bittrex ~420 Bter: ~113 Polo: ~23 Polo (NHZ): ~34 Alts: ~500 Total: between 1000 and 1100 BTC. - minus whatever is sold into the Bittrex buy wall of course. About 1070 BTC collected as of now including Blocks sold into the buy wall Whoever is selling thank you for lowering tokens supply  Much appreciated from all BlockNet investors Right. I want to say my THANK YOU too. With every single BLOCK sold back to bittrex - the value of my BLOCK entire wallet goes up, up, UP.... Thanks indeed. To make your refunding price more atractive - i'm putting a small new buy orders at 0.00025001 once in a while I wish I could afford to make 'em larger. |
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Anyone who wants to ensure the ITO funds aren't refunded can place buy orders above Bittrex's buy wall
If you want to minimise the risk that we'll not make the minimum threshold, outbid Bittrex!
Just did that. If we all put enough buy orders at 0.00025001, 0.00025002, 0.00025003, 0.00025004, ...... then ITO is safe. Don't allow Bittrex to get back more even one single block. FUD'sters are doomed to fail. |
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ufff,... just checked the BITTREX trade log, noticed some bigger buy chunks during last 8 hours:
20.00000000 BTC
5.00000000
5.00000000
1.50000000
2.25000000
1.06126198
3.99000000
9.88007254
11.25311138 BTC
BTC VOLUME 73.87 BTC
Nice.
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i know the team needs to be prepared but the rest should just think positiv . Arlyn when will the xc thread be up again. guess you wanna restart with some news. I think it is safe to reopen the BTC talk thread again. The fud storm is over. We'll be doing this at some point. I'm also considering a separate thread just for announcements, so that they can all be on one easily accessible place instead of getting drowned out. I like this idea. Update the announcements and basically lock it so it can't be swamped with a bunch of useless posts. Right. Announcements only thread (in addition to the open discussion thread) = Very good idea. It makes a pain in the a*s to dig through 10-20 pages of bla-bla-bla, just to find 1 or 2 important anouncements, once you been away a few days from a routine internet use. Make it happen! |
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I'm with you both. I'm not selling. I have a decent chunk, and I'm a firm believer in the project. I was just thinking of the what ifs. That's the only reason I want to see numbers from each exchange. I'm assuming we have nothing to worry about, but the certainty would feel much better. Me too. I keep accumulating cheap BLOCK's on poloniex. Got some at <20K there. Unbelievable. VIVA POLONIEX !!! Luv 'em |
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I'm not understanding why there is such a huge FUD campaign on the Blocknet. If you don't like the idea and think it will fail, walk on by and don't invest. To everyone who wants to have a punt at it, let them. I have invested in the blocknet i think its a good idea.
You and all your paid FUDsters have just made this website insufferable in the past few days, its like wading through sewage to find the real information people want to read. Do us a favour and create your own website to conspire on.
Out.
Supernet feel that if Blocknet succeed then they will lose. Mind boggling, but yes they are that dense. RIGHT. Could not say it better. After several days of watching all that shit, I do come to exactly same conclusion. Still keep collecting undervalued XC's and BLOCK's on poloniex, all at a bargain prices Hey "blocknetdown" can u hear me? GTFO |
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Just emailed coingateway about my 10% discount. 2 MINS LATER - THEY SENT IT TO ME. Me too. Just Sent Email today - got my 10% (exactly!) refund in abt 1-2 minutes. Good play, COINGATEWAY Keep harvesting more XC's - so cheap now. 50K ! Can't miss that |
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Never seen anything like this. WTF? No more BUY orders?  |
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Read it all. Emhhh... 90% of plain BS Those very few valid points mentioned - did not change my mind ( and plans ) at all. Even one tiny bit. |
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+1. Just picked up another 1k myself.
Trap is ready, c'mon dumpers! Bring us your coinz ! |
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I feel like XC is an all or nothing type coin. .... Well noted... ALL or NOTHING. I can not look any more at those orders filing in at 74K Just deposited some more BTC's , even I've reached my XC purchase plans quite some time ago. 72K ! It's a steal. Will put some limit orders at ~60k ~50k and 40 k. Maybe even lower. Who knows.... BITTEX is so slow.... 1 conf on bittrex, while 4 already on BTC blockchain  |
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[snip]
........you put a big down arrow for the 2% drop in the holding of the top 10 wallets in the last week like it's supposed to mean something .... Yes, in general this does not mean much. Simply a trend. Not UP, but DOWN These listings for addresses mean very little. Addresses do not make decisions. The OWNERS do. Would be a lot more interesting to see the TOP 10, TOP 100 listings for "owners". I may be the #3 on the most rich owners list (i wish... ), but if I keep all my XC in 25 different wallets ( addresses) - non of these would even get into TOP100 of this present listing What I found also interesting, is this >>  The first line consist of only 4 address. 60 days no touch? Even 148 days (#41) ? hmmm? Maybe these PRIV KEYS are lost |
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