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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103263 times)
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spookycoins
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October 29, 2014, 04:19:17 PM
 #1621

BLOCK added to AllCoin:
https://www.allcoin.com/trade/BLOCK_BTC

That's me on twitter --> @spookycoins
defunctec
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October 29, 2014, 04:27:12 PM
 #1622

Privet transactions...

How do you achieve privet transactions on the blockchain?

Or are the transactions as privet as bitcoin?
look into librexcoin's innovation for anon

Ok, i know all about Zerocoin/Zerocash.

Do you expect me to be impressed with using this tech?

Zerocash has major problems with scalability.  Blockchain bloat from using Zero would destroy Moors law and make it unrealistic for mass adoption in the long run.

So i guess, blocknet uses librexcoin's blockchain for it's anon transactions? If so, i see librecoin as a liability for blocknet...

Why not use Darkcoin/Darksend?

Revelation
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October 29, 2014, 04:27:33 PM
 #1623

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?
dan7777777
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October 29, 2014, 04:28:59 PM
 #1624

So people are selling their coins for blocknet  ITO
Selling few thousands for few hundred of blocknet
Why ??
People think blocknet price will get to $10, $20, $50 ??
By 2015.

I doubt it but if it did, that would be amazing and lots of people will be rich!  Cant see it happening as early as next year however.
synechist (OP)
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October 29, 2014, 04:30:09 PM
 #1625

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?

Yes 500 BTC of the 701 BTC total at the time was in alts.

This does count towards the minimum off 850 BTC.


Co-Founder, the Blocknet
dan7777777
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October 29, 2014, 04:30:56 PM
 #1626

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?

Yes 500 BTC of the 701 BTC total at the time was in alts.

This does count towards the minimum off 850 BTC.



Are we past the minimum?
placebo
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October 29, 2014, 04:31:45 PM
 #1627

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?

Yes 500 BTC of the 701 BTC total at the time was in alts.

This does count towards the minimum off 850 BTC.



Any plans to support the coin or just take the BTCs and let it drop?
synechist (OP)
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October 29, 2014, 04:33:24 PM
 #1628

Privet transactions...

How do you achieve privet transactions on the blockchain?

Or are the transactions as privet as bitcoin?
look into librexcoin's innovation for anon

Ok, i know all about Zerocoin/Zerocash.

Do you expect me to be impressed with using this tech?

Zerocash has major problems with scalability.  Blockchain bloat from using Zero would destroy Moors law and make it unrealistic for mass adoption in the long run.

So i guess, blocknet uses librexcoin's blockchain for it's anon transactions? If so, i see librecoin as a liability for blocknet...

Why not use Darkcoin/Darksend?



XC's privacy tech is unrivalled.

XC private payments will be made a service on the Blocknet.

- does this to a blockchain (and somewhat reduces bloat due to atomic multiparty transactions):

Co-Founder, the Blocknet
synechist (OP)
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October 29, 2014, 04:34:05 PM
 #1629

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?

Yes 500 BTC of the 701 BTC total at the time was in alts.

This does count towards the minimum off 850 BTC.



Any plans to support the coin or just take the BTCs and let it drop?

Support in the sense of having a buy wall?

Co-Founder, the Blocknet
racer2012
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October 29, 2014, 04:35:23 PM
 #1630

So people are selling their coins for blocknet  ITO
Selling few thousands for few hundred of blocknet
Why ??
People think blocknet price will get to $10, $20, $50 ??
By 2015.

I doubt it but if it did, that would be amazing and lots of people will be rich!  Cant see it happening as early as next year however.

So better to hold large quantity of coins than few thousand of blocknet
Because if coins value goes up to $1 it's worth more than blocknet
synechist (OP)
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October 29, 2014, 04:35:53 PM
 #1631

A few minutes ago my figures were at ~701 BTC worth of BLOCK sold in 7 hours.

At this rate we'd get to 16824 BTC by the end of the ITO's time limit.

Good thing we put a maximum amount on the ITO then.



Edit: oh wait, the ITO doesn't last exactly 7 days. It's a bit shorter.
500 BTC is on not really BTC but alts, right? Does that count toward the minimum 850 BTC?

Yes 500 BTC of the 701 BTC total at the time was in alts.

This does count towards the minimum off 850 BTC.



Are we past the minimum?

No we're still slightly under the minimum at present.


Co-Founder, the Blocknet
itod
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October 29, 2014, 04:36:01 PM
 #1632

This 10% is a bad, bad idea. Source of:
- constant disputes if someone got discount or not,
- dumping at Poloniex,
- uncertainty to buy on Bittrex when there are cheap Blocks elsewhere.
Everything would go much smoother if there was no damned discount.
Kuriso
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October 29, 2014, 04:38:43 PM
 #1633

I bought BLOCK with SWIFT and it gave me an exchange of 0.000133.

That was close to the trading price at the time, but nowhere close to the recent average. SWIFT dumped like crazy yesterday. Why was the price not an average based on history as promised.

If SWIFT had pumped would it have been more valuable? There really seems to be something wrong here. I've seen others complain but were ignored.

Also, this ignores the 10% discount, which couldn't have been applied.


I traded in 458 XC i bought on these latest dips.  At current rate (0.00068735 sats) those 458 are worth about 0.3148063 btc.  I got 1309.19364842 BLOCKS from those 458 XC.  

If I sold my XC and bought BLOCKS at 25,000 sats with my 0.3148063 btc, I would only get 1256.07713700 BLOCKS so I did a little better buying with XC.

BUT

10% discount on 25,000 sats is 22,500 sats per BLOCK.  That means I should of earned 1395 +/- blocks.  So I was about 85 blocks short on my XC trade in.

I had bought extra Fibre and Apex to trade in as well and missed those trades.  Now I need to hold or sell them to get more Blocks.
Koontas
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October 29, 2014, 04:41:48 PM
 #1634

Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 

Don't trust any exchange!
racer2012
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October 29, 2014, 04:42:46 PM
 #1635

So people are selling their coins for blocknet  ITO
Selling few thousands for few hundred of blocknet
Why ??
People think blocknet price will get to $10, $20, $50 ??
By 2015.

I doubt it but if it did, that would be amazing and lots of people will be rich!  Cant see it happening as early as next year however.

So better to hold large quantity of coins than few thousand of blocknet
Because if coins value goes up to $1 it's worth more than blocknet
btc-mark
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October 29, 2014, 04:44:18 PM
 #1636

Hi,

I'm Mark @ Allcoin.com.

We've added BLOCK/BTC market. You can deposit BLOCK and withdraw BLOCK on AllCoin.Com.

https://www.allcoin.com/trade/BLOCK_BTC

Allcoin is committed to providing the best exchange solution for leading global blockchain projects. The core value of Allcoin is focused on innovations and sustainability. Only the best Blockchain projects that have the highest growth potentials will be incubated and listed.
Official Website URL: https://www.allcoin.ca/
Official Telegram URL: https://t.me/AllcoinEN
Black Mamba
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October 29, 2014, 04:46:35 PM
 #1637

Got my tokens!!  Grin Grin
qawzsx
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October 29, 2014, 04:47:11 PM
 #1638

Any idea when are we going to be able to withdraw blocknet from bittrex?
Black Mamba
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October 29, 2014, 04:49:22 PM
 #1639

Any idea when are we going to be able to withdraw blocknet from bittrex?


 Smiley

Bittrex ITO rules

Bittrex will be hosting the Blocknet ITO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ITO; no other conditions are required.

* We will review the wallet before initially adding it.
* Bittrex will host 3,400,000.00 of 10,000,000 total coins at a price of 0.00025 the ITO will value 2500 BTC across all exchanges.
* The ITO will run for 7 days beginning October 29, 2014 at 5am PDT and ending on November 5th 23:59:59 PDT
* The ITO must raise 850 BTC total across all exchanges to be considered a success.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ITO is over we will verify there is working wallet, blockchain, and block explorer.
* ITO payment will be in a lump sum to Blocknet within 7 days after the ITO ends.
* No trading of the coin will be allowed until the ITO ends and escrow is released.
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ITO, you are agreeing to the above terms.
Koontas
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October 29, 2014, 04:51:22 PM
 #1640

I want an answer to this.

Why don't you get someone from Coingateway on here to give a real statement about the 10% we're ALL missing?

Things sound VERY uncertain right now and I'd hate for this to cast a negative shadow over BLOCK. 


And I also want to know why the SWIFT -> BLOCK exchange rate was NOWHERE near an average price.

Don't trust any exchange!
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