ib88
Newbie
 Offline
Activity: 56
Merit: 0
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October 29, 2014, 06:04:52 PM |
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There is too many unanswered questions. And there is nothing really tangible about the blocknet. You guys want 2,500 BTC so you can develop your idea ? Well I have plenty of ideas, but I'm not asking anyone to give me 1 million dollars for them.
Jimmy Zed
Can we ban this guy? He constantly posts the same shit (allegations with NO substance!) and detracts from the real discussions. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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October 29, 2014, 06:04:58 PM |
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There is too many unanswered questions. And there is nothing really tangible about the blocknet. You guys want 2,500 BTC so you can develop your idea ? Well I have plenty of ideas, but I'm not asking anyone to give me 1 million dollars for them.
Jimmy Zed
You should read latest update and come back with info you found there |
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Oizopower
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October 29, 2014, 06:05:00 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet Fixed a small error, everything looks good now. |
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coinfused.so
Member
Offline
Activity: 140
Merit: 10
ZEN
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October 29, 2014, 06:06:09 PM |
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It says nothing about limiting purchases with altcoins you bastards
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ib88
Newbie
Offline
Activity: 56
Merit: 0
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October 29, 2014, 06:06:15 PM |
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Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale. When I receive a response I'll report back here. Thanks. |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 29, 2014, 06:07:15 PM |
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It says nothing about limiting purchases with altcoins you bastards
Oh yes it does. Read the executive summary. And read the FAQ below the OP. |
Co-Founder, the Blocknet
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cryptico
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October 29, 2014, 06:08:20 PM |
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Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale. When I receive a response I'll report back here. Sorry Arlyn Who is holding all the ALts right know from coin gateway and who is the Escrow that will guarantee all transactions and that they will give you the Fair amount of them. As well How much money did they get from this? Thank you. |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 29, 2014, 06:09:39 PM |
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Update from Poloniex:
The market should've been frozen for trading until the end of the ITO, and they are resolving the issue.
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Co-Founder, the Blocknet
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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October 29, 2014, 06:10:00 PM |
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It says nothing about limiting purchases with altcoins you bastards
ITO rules section "No more than 20% of the available tokens (2,000,000) will be purchasable using altcoins. The remaining 80% will be purchasable using BTC on Bittrex, Bter, and Poloniex." |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 29, 2014, 06:10:46 PM |
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Co-Founder, the Blocknet
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FlyHigh22
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October 29, 2014, 06:11:35 PM |
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Hmm. So should I buy this on trex right now or what?
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 29, 2014, 06:11:48 PM |
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ShillAccount, leave.
Or engage respectfully and critically.
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Co-Founder, the Blocknet
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Jimmy_Zed
Member
Offline
Activity: 112
Merit: 10
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October 29, 2014, 06:11:53 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet Fixed a small error, everything looks good now. Thanks for the update. This is interesting: 4 addresses own 78% of blocknet. Talk about the fair distribution, most of us who've been around know what the above information means. Jimmy Zed |
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t57
Newbie
Offline
Activity: 5
Merit: 0
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October 29, 2014, 06:11:59 PM |
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There may end up being a surge of panic sells once bittrex opens up trading if trading prices elsewhere drop further. It's going to be a tense 7 days for investors at bitrrex
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qawzsx
Sr. Member
Offline
Activity: 280
Merit: 250
NOT FUD! FACTS!
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October 29, 2014, 06:13:27 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet Fixed a small error, everything looks good now. Thanks for the update. This is interesting: 4 addresses own 78% of blocknet. Talk about the fair distribution, most of us who've been around know what the above information means. Jimmy Zed Are you stupid? |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 29, 2014, 06:13:29 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet Fixed a small error, everything looks good now. Thanks for the update. This is interesting: 4 addresses own 78% of blocknet. Talk about the fair distribution, most of us who've been around know what the above information means. Jimmy Zed Umm... that's because we're distributing Blocknet tokens. Obviously it's not well distributed when the ITO has just started. Ha ha |
Co-Founder, the Blocknet
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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October 29, 2014, 06:14:28 PM |
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Another Thing Poloniex should not be allowed to trade before the finish of the ITO why this is happeneing?
Hell next time if you need an hand organizing things just give a shout out please.
Update from Poloniex:
The market should've been frozen for trading until the end of the ITO, and they are resolving the issue.
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Kuriso
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October 29, 2014, 06:14:40 PM |
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Yeah, mxxxxxx, those posts you quoted don't address any of Cryptico's (and mine) thoughts on the situation. I was under the impression that the altcoin:BLOCK exchange rate would be fixed, was this not the case?
Ultimately the Blocknet foundation don't know the exact figured raised by coingateway (impossible without knowing the algorithm) so who's to say they didn't set an algorithm that raised 600 BTC for example and gave you guys your 500 BTC (20% of 2500 BTC) and kept 100 BTC for themselves? Do you understand my concerns here?
I have asked CoinGateway to give an account of the BLOCK sale. When I receive a response I'll report back here. You can also check the transactions yourself here: https://www.coingateway.net/transactions.php Looks like Blocknet transactions start happening on page 15. (as of right now) Will take a while to do it by hand or take a look at the api and figure out a way to pull it from there. In any case, the transactions are public and anyone can do some accounting to figure out what was exchanged |
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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October 29, 2014, 06:15:04 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet ty! |
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G-Bert
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October 29, 2014, 06:15:34 PM |
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Distribution List / RichlistI have created a distribution list (Richlist) for Blocknet, Hope you guys like it. Drop me a PM if you need anything. http://www.richlist.eu/blocknet Fixed a small error, everything looks good now. Thanks for the update. This is interesting: 4 addresses own 78% of blocknet. Talk about the fair distribution, most of us who've been around know what the above information means. Jimmy Zed 34% of that is bittrex. |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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