[ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure

[ShadowBits]

I sure hope these blocknet tokens go the the moon. I had to sell a lot of XST at a loss to convert to BTC to buy them 

I hope so too but remember this is a longterm project. The ETA for the blocknet to be up and running is Q2 2015 so I wouldn't expect any decent returns until at least then.

Not necessarily. You may see a run of buy orders prior to that.

Yeah, well you'd be foolish to think there'll be 'moon' prices before the network is even up and running.

Just recent dev involvement and new announcements can push the price up since sellers will sell for a higher value, this can easy get you 2x

activity is already stalled at bittrex, good luck with your 2x as it would probably can't even sell the minimum 850btc

Its not the minimum.  Get your facts straight.  They discussed this already.

[1715234849]

1715234849

[1715234849]

1715234849

[1715234849]

1715234849

[infinitechaos]

From the rules of the ITO:

Tokens purchased using a participating coin will be sold at a 10% discount.

Tokens’ pricing against participating coins will be determined according to a recent average price of the coin in question against BTC. The exact algorithm used will not be disclosed to prevent exploitation by market participants.

Neither of these conditions are being met.

I hope the involved parties can find a way to rectify this.

Cryptico, settle down, brother. Breathe...

[RoHoss]

Know somebody how much Block current sold ?

[atcsecure]

I will continue to paste this post until I get a reply:

Can we have all the prices for each alt block. official?HuhHuh

Jesus Christ.

Coingetaway is not giving discount

3000.0000 XC

8195.239024 BLOCK / 706.81 USD

I received 5854 Block for 2000 XC.
This works out at 2.927 BLOCK/XC.

Yours works out at 2.732 BLOCK/XC

Blocknet team members, why is the exchange rate inconsistent? Or have I miscalculated something?

Now it iS CHANGED AGAIN

Send
3000.0000

8599.141463 BLOCK / 741.85 USD

Im so sick of fucking wannabe clown start-ups in crypto. You are dealing with people money ASSholes amateurs

Its based on real-time pricing information from the exchange, so it is going to change

[StealthCoin1]

I sure hope these blocknet tokens go the the moon. I had to sell a lot of XST at a loss to convert to BTC to buy them 

I hope so too but remember this is a longterm project. The ETA for the blocknet to be up and running is Q2 2015 so I wouldn't expect any decent returns until at least then.

Not necessarily. You may see a run of buy orders prior to that.

Yeah, well you'd be foolish to think there'll be 'moon' prices before the network is even up and running.

Just recent dev involvement and new announcements can push the price up since sellers will sell for a higher value, this can easy get you 2x

activity is already stalled at bittrex, good luck with your 2x as it would probably can't even sell the minimum 850btc

Somehow your butt is hurt, i can tell that

bter is dead, less then 1 btc
https://bter.com/trade/block_btc

good luck with your 2x

[Oldminer]

what i dont understand now, why on poloniex there is some sells under ito price:

0.00020000     2260.91208289   0.45218242
0.00023627     177.40645275   0.04191582
0.00024000     1628.84294679   0.39092231
0.00025000     1355453.19112   338.86329778

??

It's a known tactic to dump it permanently under ITO price and it works  

Because some people fail at maths.

[BitcoiNaked]

If a coin get fudded, know it has potential. So it's actually good news

[sologap]

what i dont understand now, why on poloniex there is some sells under ito price:

0.00020000     2260.91208289   0.45218242
0.00023627     177.40645275   0.04191582
0.00024000     1628.84294679   0.39092231
0.00025000     1355453.19112   338.86329778

??

It's a known tactic to dump it permanently under ITO price and it works  

well, i will wait some time and if i saw big buys ill throw 50 btc on it  

[Dotcommie]

From the rules of the ITO:

Tokens purchased using a participating coin will be sold at a 10% discount.

Tokens’ pricing against participating coins will be determined according to a recent average price of the coin in question against BTC. The exact algorithm used will not be disclosed to prevent exploitation by market participants.

Neither of these conditions are being met.

I hope the involved parties can find a way to rectify this.

Cryptico, settle down, brother. Breathe...

"Recent" is the key word there.  I see the "recent average" as almost the same thing as the spot price, if not the same.  I do agree that the 10% thing didn't really work out though. Maybe I'll get the missing 10% sent to me in BLOCK later?

[ShadowBits]

If a coin get fudded, know it has potential. So it's actually good news

yep, saving coins for friends who haven't waken up.  Prob. calling people up right now.

[kahir]

Wow the activity here is blowing up fast

most of it are people whining about not being able to get their coins .from coingatway like me .... or not getting the 10% off

[cryptico]

I will continue to paste this post until I get a reply:

Can we have all the prices for each alt block. official?HuhHuh

Jesus Christ.

Coingetaway is not giving discount

3000.0000 XC

8195.239024 BLOCK / 706.81 USD

I received 5854 Block for 2000 XC.
This works out at 2.927 BLOCK/XC.

Yours works out at 2.732 BLOCK/XC

Blocknet team members, why is the exchange rate inconsistent? Or have I miscalculated something?

Now it iS CHANGED AGAIN

Send
3000.0000

8599.141463 BLOCK / 741.85 USD

Im so sick of fucking wannabe clown start-ups in crypto. You are dealing with people money ASSholes amateurs

Its based on real-time pricing information from the exchange, so it is going to change

Did you read the post before? I'll paste it for you.

From the rules of the ITO:

Quote
Tokens purchased using a participating coin will be sold at a 10% discount.

Tokens’ pricing against participating coins will be determined according to a recent average price of the coin in question against BTC. The exact algorithm used will not be disclosed to prevent exploitation by market participants.

Neither of these conditions are being met.

I hope the involved parties can find a way to rectify this.

Cryptico, settle down, brother. Breathe...

I wanted to buy 3000XC more for sure not putting any money into this till I get 10% discount and my Blocks from my previous 1230.8XC

[BitcoiNaked]

I sure hope these blocknet tokens go the the moon. I had to sell a lot of XST at a loss to convert to BTC to buy them 

I hope so too but remember this is a longterm project. The ETA for the blocknet to be up and running is Q2 2015 so I wouldn't expect any decent returns until at least then.

Not necessarily. You may see a run of buy orders prior to that.

Yeah, well you'd be foolish to think there'll be 'moon' prices before the network is even up and running.

Just recent dev involvement and new announcements can push the price up since sellers will sell for a higher value, this can easy get you 2x

activity is already stalled at bittrex, good luck with your 2x as it would probably can't even sell the minimum 850btc

Somehow your butt is hurt, i can tell that

bter is dead, less then 1 btc
https://bter.com/trade/block_btc

good luck with your 2x

It's been only like 1 hour, coin gateway has been selling good and bittrex aswell, even retarded coins like darkshibe or whatever its called gives you more than 2x, keep fudding it's good for the coin, every coin that as been fudded on a big scale has exploded

[Crypto_Junkee]

From the rules of the ITO:

Tokens purchased using a participating coin will be sold at a 10% discount.

Tokens’ pricing against participating coins will be determined according to a recent average price of the coin in question against BTC. The exact algorithm used will not be disclosed to prevent exploitation by market participants.

Neither of these conditions are being met.

I hope the involved parties can find a way to rectify this.

Cryptico, settle down, brother. Breathe...

"Recent" is the key word there.  I see the "recent average" as almost the same thing as the spot price, if not the same.  I do agree that the 10% thing didn't really work out though. Maybe I'll get the missing 10% sent to me in BLOCK later?

This.  Recent average probably means across all exchanges at time of swap.  The document is just a little fuzzy, but there was no deceit intended.

[Oldminer]

XST trading down to 3500 now on craptsy while I wait for my deposit to hit. Fuck I hate this exchange.

[Crypto_Junkee]

XST trading down to 3500 now on craptsy while I wait for my deposit to hit. Fuck I hate this exchange.

That's why I will never trade at that shit exchange again.  They will be the next MP/MGox

[infinitechaos]

This.  Recent average probably means across all exchanges at time of swap.  The document is just a little fuzzy, but there was no deceit intended.

Fair enough. It did say that the algorithm would not be disclosed so we have no idea what range or exchanges are being used to calculate exchange rate.

I am positive that the 10% is not being administered though.

And until that is addressed by someone, my coins are staying with me.

[ShadowBits]

"Recent" is the key word there.  I see the "recent average" as almost the same thing as the spot price, if not the same.  I do agree that the 10% thing didn't really work out though. Maybe I'll get the missing 10% sent to me in BLOCK later?

This.  Recent average probably means across all exchanges at time of swap.  The document is just a little fuzzy, but there was no deceit intended.

Fair enough. It did say that the algorithm would not be disclosed so we have no idea what range or exchanges are being used to calculate exchange rate.

I am positive that the 10% is not being administered though.

And until that is addressed by someone, my coins are staying with me.
[/quote]

By the time you get your answer, the ICO will end and everyone will make money and you will regret  So sad

[vssa]

I just bought some blocknet coins on bittrex but I can't see how I can move them into my wallet is it me or they didn't integrated blocknet wallet on the exchange yet?

[ShadowBits]

I just bought some blocknet coins on bittrex but I can't see how I can move them into my wallet is it me or they didn't integrated blocknet wallet on the exchange yet?

after ITO is over.