So much drama here!
The world would be so much better if people would take responsibility for their decisions and actions instead of blaming others.
Dear Blocknet Team!I'm addressing that to you as well. Why can't you stand out before the community and admit that this whole ITO was fucked up, and you are partially responsible for that even if you could not possibly foresee all the screw-ups and attacks against you?
Most importantly
why don't you step up and stand behind your project? If you really believe in Blocknet and that you are capable to implement it, why is it so hard to say that "Guys, we believe in this and will implement it!"
Don't be the team that says "We have this great idea that can change the crypto landscape and have the talented programmers as well to implement it - but you know what? we won't do that." Your current stance is actually quite disturbing, as you basically say: "Well we might go on with the project... it really depends on what the guys at Bittrex are doing."
You see the support of the community - well at least part of it. People invested in your idea. No matter how the Bittrex refund ends, I cannot imagine that the collected funds will be less than 750 BTC. (500+ sold on Coingateway, 50+ on Polo, 100+ on Bter and not everybody will refund on Bittrex)
Standing out for your project could win back some respect. If you cancel the project at this stage you will loose the respect of even more people.
Which one looks better: "Blocknet team stands behind their idea and starts implementation." or "Blocknet implementation cancelled because only 92% of funds raised."?
If I would want to go even further I could say, that the original ITO rules stated that if at least 850 BTC will be raised by the end of the ITO period (i.e. Nov 5th) the project will be started. More than 1000 BTC had been raised by the end of the ITO period. What are you talking about now possible cancellation of the project and refunds?
Take responsibility for what you say and do, please!If you really consider cancelling the project and issuing refunds:
If you had not enough control on the exchanges to enforce the rules of the ITO I'm sure you will not have enough control to enforce the refund rules, either. And who will lose on the whole thing? Those who believed in you and supported the project. Not to mention that lots of people will not be able to get a refund from coingateway, because they sent their coins from an exchange. So you sell the remaining alts at ITO price? - how do you please do that if there is not enough liquidity and lots of coins are currently trading for less anyway? No matter how fair you try to be, some people will be left with some Blocks, that will be worthless if the project does not start. Again you screw your supporters.
I don't want to discredit your efforts on trying to defend yourself and the project against the attacks, I respect your efforts. But if you fight for the project on one front then don't let the possibility open to drop the whole thing.
All the above I wrote in the belief that you are honest about your plans with Blocknet and don't want to screw people. I still did not lose my trust in you and holding on to my Blocknet investment as well.
If the whole thing is a scam, then of course you can ignore all that I wrote. And in that case all my respect to you, it has been a really clever one.
