Blocknet Speculation Thread

[GucciBoy]

What is everyones thoughts on Blocknet?

With this full blown bear market, it's hard to know exactly what to look for, especially if you go down past the top 50 on Coinmarketcap.

Over the last quarter of 2019, moving into 2020 we've seen TONS of exchange hacks, exit scams, and straight up fraud, due to centralization. It's really no wonder why people seem to be so interested in decentralized trading, Dapps, and other solutions with 0 middlemen in between.

Blocknet is interesting, because they are first movers on the DEX front. (Actually running a 4th gen DEX), they constantly work on it, and I think it's safe to assume that most people KNOW about this project already.

What a LOT of people don't realize (myself included, until recently) is that they are working on a decentralized oracle service, called "Xrouter", which will basically be run by service nodes. You'll be able to connect blockchain, and real world data straight through the network, and to my surprise you can already test this on their official discord server.

This project screams decentralization, everything is voted for (including development plans), fair launch, and best of all? It's not an ERC20 token, which is a huge advantage, since it means they don't rely on any other chain (Like Chainlink does with ETH).

You'll be able to profit from: Staking, Service node rewards, Trading fees, Oracle fees and the list goes on and on.

With all the recent talk about decentralization, this project is definitely one to keep an eye on. No question about it!

[Bezobraznike]

What is everyones thoughts on Blocknet?

With this full blown bear market, it's hard to know exactly what to look for, especially if you go down past the top 50 on Coinmarketcap.

Over the last quarter of 2019, moving into 2020 we've seen TONS of exchange hacks, exit scams, and straight up fraud, due to centralization. It's really no wonder why people seem to be so interested in decentralized trading, Dapps, and other solutions with 0 middlemen in between.

Blocknet is interesting, because they are first movers on the DEX front. (Actually running a 4th gen DEX), they constantly work on it, and I think it's safe to assume that most people KNOW about this project already.

What a LOT of people don't realize (myself included, until recently) is that they are working on a decentralized oracle service, called "Xrouter", which will basically be run by service nodes. You'll be able to connect blockchain, and real world data straight through the network, and to my surprise you can already test this on their official discord server.

This project screams decentralization, everything is voted for (including development plans), fair launch, and best of all? It's not an ERC20 token, which is a huge advantage, since it means they don't rely on any other chain (Like Chainlink does with ETH).

You'll be able to profit from: Staking, Service node rewards, Trading fees, Oracle fees and the list goes on and on.

With all the recent talk about decentralization, this project is definitely one to keep an eye on. No question about it!

   Like you I become aware of Blocknet just recently. I read about them on publish0x for the first time a week ago. Great idea,
and I like what they are trying to do.
   I checked Bocknet price, it's affordable, but what is concerning is that they are having really hard time in this bearish market.
Current price is 0.6$, compared with their ATH they dropped hard. Will they be able to gain trust again and recover their ATH?

[CjMapope]

What is everyones thoughts on Blocknet?

With this full blown bear market, it's hard to know exactly what to look for, especially if you go down past the top 50 on Coinmarketcap.

Over the last quarter of 2019, moving into 2020 we've seen TONS of exchange hacks, exit scams, and straight up fraud, due to centralization. It's really no wonder why people seem to be so interested in decentralized trading, Dapps, and other solutions with 0 middlemen in between.

Blocknet is interesting, because they are first movers on the DEX front. (Actually running a 4th gen DEX), they constantly work on it, and I think it's safe to assume that most people KNOW about this project already.

What a LOT of people don't realize (myself included, until recently) is that they are working on a decentralized oracle service, called "Xrouter", which will basically be run by service nodes. You'll be able to connect blockchain, and real world data straight through the network, and to my surprise you can already test this on their official discord server.

This project screams decentralization, everything is voted for (including development plans), fair launch, and best of all? It's not an ERC20 token, which is a huge advantage, since it means they don't rely on any other chain (Like Chainlink does with ETH).

You'll be able to profit from: Staking, Service node rewards, Trading fees, Oracle fees and the list goes on and on.

With all the recent talk about decentralization, this project is definitely one to keep an eye on. No question about it!

Blocknet!  i like that one, they seem to hang on their "first DEX" thing, but really it just comes down to whats USEABLE imo
if they were the first, why didnt it take off? why did places like polo and trex get so popular? i think theres maybe more too it we dont know...
time will tell, but im hoping as well to see good things from Blocknet in 2020! interesting to see the router thing, thats an old idea that noone completed, now its coming back around it seems haha

[g4r1n1m]

i dont like blocknet project so much.. to little liquidity and support from community
coins like this can pump from nowhere
but there are many coins like this .. for example DRGN
so its kind of gambling when you invest in it
kind of like throwing darts

[Marckolind]

i dont like blocknet project so much.. to little liquidity and support from community
coins like this can pump from nowhere
but there are many coins like this .. for example DRGN
so its kind of gambling when you invest in it
kind of like throwing darts

What are you smoking dude?

Blocknet is the first movers on DEX development, it's by far the most decentralized DEX on the market, (4th gen DEX). More over, their Xrouter is actually the most exciting tech they are building right now, providing decentralized oracles. This is a solid project, down in price obviously because of the bear market.

I'm buying another node soon, before it get's too expensive, as I predict DEX's to become extremely popular means of trading solutions in the future, and I sure want to profit off of that! 

[tokeweed]

Blocknet...  Now that's a name I haven't heard in a looong time.  Kinda brings me back to the 2013 - 2014 era when everybody was starry eyed and optimistic about crypto.  

[GucciBoy]

Blocknet...  Now that's a name I haven't heard in a looong time.  Kinda brings me back to the 2013 - 2014 era when everybody was starry eyed and optimistic about crypto.  

Well, it's still a project in active development, but true, it's one of the most decentralized projects out there, and while it may be one of the old school projects, it still has some interesting aspects that could make it blow up in price again. Their XRouter is what excites me the most, IMHO.

[gocryptowise]

Blocknet mentioned in this new Masternode article https://gocryptowise.com/blog/9-of-the-best-masternode-coins/.

Who's here is big in on BLOCK? And for how long?

[leea-1334]

OK,,, let me say something that I wish I did not have to but I actually liked this project when it first came out. As first response above says,,, a lot of talk came on publish0x (which I also thought I liked) but the past days have shown it to be a rather shill active project.

There is a bit of difference when you talk about a BIG project that a lot of technical people discuss like GRIN, and one where people shill about market cap ONLY.

Big shame for me but this means I avoid.

[Flux0z]

Blocknet mentioned in this new Masternode article https://gocryptowise.com/blog/9-of-the-best-masternode-coins/.

Who's here is big in on BLOCK? And for how long?

Been bullish on BLOCK ever since I started reading up on their XRouter tech. Read more about it here: https://blocknet.co/introducing-xrouter-developers-can-now-mix-and-match-any-blockchain-via-the-worlds-first-blockchain-router/

Basically decentralized oracles run by service nodes. With the price being so low (heck, all alts is freaking cheap right now), I'm definitely considering buying another node, since I believe decentralized trading to be the future, since it's hassle free, and a safe way to trade.

[Wh00re]

What is you guys price projections for BLOCK in like the next 3 years? Anyone willing to make an estimate? I'd love to hear you guys opinion 

[Flux0z]

What is you guys price projections for BLOCK in like the next 3 years? Anyone willing to make an estimate? I'd love to hear you guys opinion 

Considering their supply is tiny (6 million), it wouldn't really surprise me to see BLOCK reclaim it's previous ATH of about $50, but in theory could reach a MUCH higher price. It's impossible to predict at this point, as we're still in a full blown bear market 

[GucciBoy]

What is you guys price projections for BLOCK in like the next 3 years? Anyone willing to make an estimate? I'd love to hear you guys opinion 

Impossible to predict, but a 10x from here on is EASILY achieveable, especially with it's low marketcap currently.

[Wh00re]

What is you guys price projections for BLOCK in like the next 3 years? Anyone willing to make an estimate? I'd love to hear you guys opinion 

Impossible to predict, but a 10x from here on is EASILY achieveable, especially with it's low marketcap currently.

16% in the green the past 3 days. Seems like this baby is on the move, I'm sure I'm not the only one considering to accumulate enough for a service node, and profit off of the DEX in the future.
If only there was more liquidity, gotta buy up slowly not to raise the price too quickly.

Kind of excited about their XRouter and XBridge after doing some research on it, if they do indeed land some partnerships, I could see this one fly up the ranks in no time.

[MR1]

Blocknet is not only a DEX. It`s a platform that connects all blockchains to each other. It will have a vast utility. Blocknet is one of the best projects in the blockchain industry.

[Wh00re]

Blocknet is not only a DEX. It`s a platform that connects all blockchains to each other. It will have a vast utility. Blocknet is one of the best projects in the blockchain industry.

Didn't notice this thread ever got a counter reply, but you're right.
Blocknet's DEX is getting more advanced and easier to use. The lite wallet speaks for itself. https://xlitewallet.com/

All the major alt's has taken a beating as of lately versus BTC, but I'm sure we'll see new ATH's for promising alt's soon (including this one). Which would result in more than 100x conservatively imo.

[BTCXRPADA]

Blocknet is not only a DEX. It`s a platform that connects all blockchains to each other. It will have a vast utility. Blocknet is one of the best projects in the blockchain industry.

Didn't notice this thread ever got a counter reply, but you're right.
Blocknet's DEX is getting more advanced and easier to use. The lite wallet speaks for itself. https://xlitewallet.com/

All the major alt's has taken a beating as of lately versus BTC, but I'm sure we'll see new ATH's for promising alt's soon (including this one). Which would result in more than 100x conservatively imo.

True, Blocknet was recently featured on Cointelegraph

https://cointelegraph.com/news/decentralized-exchange-vows-to-remove-defis-limitations

Good read, that explains the importance of this project. 

[Marckolind]

Sad to see Blocknet hit such low levels. There was someone who hacked a lot of Blocknet recently, which I guess he dumped at Bittrex.

I'm definitely buying some, as I predict a 2x - 3x short term is very easy to reach, due to it's scarce supply.

[BTCXRPADA]

Sad to see Blocknet hit such low levels. There was someone who hacked a lot of Blocknet recently, which I guess he dumped at Bittrex.

I'm definitely buying some, as I predict a 2x - 3x short term is very easy to reach, due to it's scarce supply.

With the multi currency wallet coming out soon
Blocknet ERC20 token
Ethereum integration

I'm SURE the price will head upwards real soon

[benthach]

yes, i remembered blocknet, they're used to be bickering with the scam supernet which no longer exist.
i wising the supernet people the best but i really don't think it is possible for them to succeed or achieve anything meaningful, it's taking them forever and the funds probably already dried up.