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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103262 times)
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myxamop
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October 31, 2014, 12:47:30 PM
 #2341

Honestly I could handling people dumping at the start of a fair launch but because I'm locked in at Bittrex, I'm feeling pretty F-in sour right now.

"Dumping" is not an appropriate description for the trading activity at Polo.

"Selling", in very small quantities, at a loss, is what's going on.

Do you seriously have an incentive to join in with this?

I already bought in at Bittrex that why I'm confused another exchanged is selling

They did not respect the agreement with the Team that is why they are allowing selling. They do not look at the block-net in a good way since if block pull off a decentralised exchange they can close their business pretty much as this is what the all crypto community is waiting for.
+1 very disrespectful relation from their party
jdebunt
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October 31, 2014, 01:55:57 PM
 #2342

Put up an article about the current situation :

http://www.cryptoarticles.com/crypto-news/blocknet-ito-subject-of-all-kinds-of-allegations-but-who-is-right

Unbiased, as promised Smiley
placebo
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October 31, 2014, 01:57:00 PM
 #2343

@synechist you are ignoring your DM and you're only counting the BTCs, smell like a SUPERNet type of thing, and we all know what happened with that...
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October 31, 2014, 02:00:36 PM
 #2344

Hi all

To clarify our plan of action regarding this FUD campaign:

We give it no credit.‏

It does not deserve a response beyond the single statement I made yesterday.‏

Nor do we intend to allow it to slow down our work. We do not feel it justifies any further time or energy, and so there is no reason to clarify matters regarding claims made about XC, the Blocknet, or Dan.


We're done with it. We're moving on with development.‏


Any further responses are likely to simply be re-quotes of this comment and yesterday's statement.
Please do the same if you think that giving FUD credit has no warrant.



cryptoba
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October 31, 2014, 02:02:58 PM
 #2345

Hi Synechist,

Could you please tell me, how many BTC have been invested in the ITO ?

Thank you
StealthCoin1
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October 31, 2014, 02:08:33 PM
Last edit: October 31, 2014, 02:43:56 PM by StealthCoin1
 #2346


Unbiased but you giving praised to someone is a scammer himself. "Spoetnik, a long standing member of the BitcoinTalk community, posted his thoughts on some of the ‘warning signs’ regarding BlockNet.". Spoetnik is a long standing member but he's has no credential. In this case Spoetnik is a scammer and dishonest himself, Trust: -4: -2 / +1(1)
Spoetnik also working for Cryptsy and craptsy is left out in this ITO, nuff said.

I don't support any dev working with many projects, yes, Dan is all about BTCs. He's also making ton of BTCs by reviewing the codes, he need to change this and stop working with many projects, most people would see this as greedy and scam. Focus on your XC and Blocknet from now. He need to stop this habit of making ton of BTCs or soon all his projects will considered as scam. Please no XC, Inc. crap, just another idea of making more BTC and diluting your current projects of XCurrency and Blocknet.

Stealthcoin, Ark and Safemoon my life 3 investment failures while bashing Ethereum at 0.20cent. Bye bye
synechist (OP)
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October 31, 2014, 02:13:51 PM
 #2347

@synechist you are ignoring your DM and you're only counting the BTCs, smell like a SUPERNet type of thing, and we all know what happened with that...

Huh?

Co-Founder, the Blocknet
synechist (OP)
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October 31, 2014, 02:16:27 PM
 #2348

@synechist you are ignoring your DM and you're only counting the BTCs, smell like a SUPERNet type of thing, and we all know what happened with that...

Apologies. It got lost in the chaos. I've replied now.

Co-Founder, the Blocknet
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October 31, 2014, 02:19:17 PM
 #2349

@synechist you are ignoring your DM and you're only counting the BTCs, smell like a SUPERNet type of thing, and we all know what happened with that...

Apologies. It got lost in the chaos. I've replied now.


+1 Now i'm much more positive Smiley
jjmv
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October 31, 2014, 02:55:02 PM
 #2350

my 2 cents...

Blocknet has a good chance.  Its a good idea and it has a good team behind it.  I don't think that Dan would purposely damage his credibility after all the work that has gone into XC, partnerships, relationships, etc...

With that said, it is crypto and everyone should be aware that this is still a huge investment risk.  It could all fail tomorrow, including bitcoin.  If this is too much for you, simply invest in bonds, CDs, the Money Market... crypto isn't for you and FUD doesn't help the cause.

BTW... thanks to whoever/whatever is dumping below ICO.  I'll baghold mine for a while and give the team a chance.
Rantzbitz
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October 31, 2014, 02:55:41 PM
 #2351

Before users start blaming Poloniex for 'allowing' trading they should make sure they are privy to the original agreement in place between Blocknet and Poloniex. Im confident this would change perception.

Second. The %10 discount would of had people dumping below ITO price anyways.. even if the market opened a week from now.

The back and forth bickering is ridiculous. Do research, and come to your own conclusions regarding your investments.

CANADIAN Bitcoin Exchange QuadrigaCX - Bitcoin(XBT) - $CAN - $USD - Gold http://www.quadrigacx.com/?ref=g7p1fslfyxyerkukgqltlsse
BitcoiNaked
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October 31, 2014, 03:12:13 PM
 #2352

Before users start blaming Poloniex for 'allowing' trading they should make sure they are privy to the original agreement in place between Blocknet and Poloniex. Im confident this would change perception.

Second. The %10 discount would of had people dumping below ITO price anyways.. even if the market opened a week from now.

The back and forth bickering is ridiculous. Do research, and come to your own conclusions regarding your investments.

They can't dump much below it anyway since there isn't much profit, sell orders are all near the original ITO price. Best is to wait a little while for the team to deliver
Conurtrol
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October 31, 2014, 03:51:34 PM
 #2353

For those wondering what these insane fudsters motives are: Fewer Block shares sold means they will control a higher percentage. Lower XC prices means they can buy a bunch cheap. This is a well organized attack and probably the sickest thing I've seen in crypto so far.
illodin
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October 31, 2014, 03:54:29 PM
 #2354

For those wondering what these insane fudsters motives are: Fewer Block shares sold means they will control a higher percentage. Lower XC prices means they can buy a bunch cheap. This is a well organized attack and probably the sickest thing I've seen in crypto so far.

Yea that must be it. Fud a project to death so your percentage of zero will be high, right.
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October 31, 2014, 03:56:43 PM
 #2355

There are number of possible scenarios at play at the moment.
Best thing is to sit it out and watch it play out and pounce in at  the right moment  Wink

Conurtrol
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October 31, 2014, 03:57:15 PM
 #2356

For those wondering what these insane fudsters motives are: Fewer Block shares sold means they will control a higher percentage. Lower XC prices means they can buy a bunch cheap. This is a well organized attack and probably the sickest thing I've seen in crypto so far.

Yea that must be it. Fud a project to death so your percentage of zero will be high, right.

After the ITO the fud and character assassination will suddenly stop and then the market manipulation will start. Are you really this obtuse?
Bytas
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October 31, 2014, 04:28:02 PM
Last edit: October 31, 2014, 04:40:33 PM by Bytas
 #2357



Yes, you're right, and all spending will be recorded on the blockchain. No question of that.

On the other hand it could make sense in terms of the privacy of devs for, say, coins to be taken from the funds in larger batches allocated to, say, a given release. From there, payments to individuals could be kept private, while the amount used for a given release will still be publicly disclosed.

How does that sound?


Hmm, If that's done, it should be accompanied by a public list of expenditures that +- shows what percentages of the budget were spend on what. 'Dev pay' could be one category, but if there is a 'champaign and caviar for the devs' section, we wanna see that as a separate category! Smiley
I have no problems with you guys earning a comfortable living, but with $1000000 laying around it's just too easy to say 'fuck it, lets earn more money per month and do less work' if there is no public oversight.
And i'm playing devils advocate here because a nontransparent financial policy will completely wreck and destroy the reputation of blocknet, the coins involved and every single dev working on them. It's in your own interest to be completely honest and transparent about everything that happens. And being honest is more than just saying everything we don't know without lying, honnesty is about telling the truth in such a way that it is undeniably and independently provable that you are telling the truth. The blockchain decentralised trust for a reason, make good use of it. Decetralised due diligence is the most important thing the blocknet needs to be successful, without it it will falter and die, and a fairer, more trustworthy alternative will take it's place in no time.

/devils advocate

Make it happen guys Wink Make it happen right now! Put it on your website, post it in this thread, make a video about it, scream it from the top of every roof.  
plasmak
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October 31, 2014, 04:43:57 PM
 #2358

Not trying to bash Blocknet, but greed really took over the altcoin world.

I own a crapload of SSD and XST (enough to crash both markets if i sell all at once) but i currently see no benefit of posting this ICO at 25k satoshis. I know that the price was based on the market cap of all the blocknet affiliated coins, but realize that the altcoin market is not that big (despite the inflated market caps of all the coins) and I am sure by holding 1000 bitcoins hostage for the benefit of the "development", it detracts from development of other good altcoins and the blocknet affiliated coins.

I am not rich in any way but I can buy enough ICO coins and sell a portion at lower price just to get more coins if i wanted to as people panic sell - everyone who's interested in this coin already bought, and there is massive sell pressure. If i sell just 10-20 BTC worth of ICO coins to start a panic sell when the trading assumes, it can easily destroy a coin. If I am capable of doing that, I am sure many of you guys are too.

It'd be nice if devs either started the ICO at a lower price or if they guaranteed that some of the ICO funds are used for a buy wall.
Come-In-Behind
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October 31, 2014, 04:46:25 PM
 #2359

Not trying to bash Blocknet, but greed really took over the altcoin world.

I own a crapload of SSD and XST (enough to crash both markets if i sell all at once) but i currently see no benefit of posting this ICO at 25k satoshis. I know that the price was based on the market cap of all the blocknet affiliated coins, but realize that the altcoin market is not that big (despite the inflated market caps of all the coins) and I am sure by holding 1000 bitcoins hostage for the benefit of the "development", it detracts from development of other good altcoins and the blocknet affiliated coins.

I am not rich in any way but I can buy enough ICO coins and sell a portion at lower price just to get more coins if i wanted to as people panic sell - everyone who's interested in this coin already bought, and there is massive sell pressure. If i sell just 10-20 BTC worth of ICO coins to start a panic sell when the trading assumes, it can easily destroy a coin. If I am capable of doing that, I am sure many of you guys are too.

It'd be nice if devs either started the ICO at a lower price or if they guaranteed that some of the ICO funds are used for a buy wall.

I agree with just the last sentence of your post, "or if they guaranteed that some of the ICO funds are used for a buy wall. ". Having a buy wall for the major coins in Blocknet would be a good idea.
WhiteNotWright
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October 31, 2014, 04:52:30 PM
 #2360

Hi all

To clarify our plan of action regarding this FUD campaign:



No doubt, it's like a bunch of kids begging for attention. I say move on with the big boys issues; the real work.

"Give me fuel, give me FIBRE, give me that which I desire."
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