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

[UnicornFarts]

Also blocknet's assets and funds will be held in escrow and released as development progress's.  Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.

Can someone comment on why the exchanges plan on releasing it as soon as the blocknet PoS wallet is ready in 7 to 10 days post pre-sale?  Is there a different escrow besides the exchange being used to track the progress of blocknet & release accordingly?

There is a different escrow

Is that documented somewhere - who that escrow is?  And that the funds will be going directly from the exchanges to the escrow?

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[filflarn]

Thanks for your post, pr0m3theus2013

[Longenecker]

So funny, reading what Prometheus just wrote a few posts back, and then comparing with his skype session, is like reading two different people.  I wonder which is the "real" prometheus, and which is just a front...

[Revelation]

OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement

as everything I did was stated publicly

Not everything, remember XC premine?

[CryptoClub]

I wanted to make a clear and concise statement about all of this mud slinging going around....

As everybody involved with XC's knows I did numerous freelance projects, some of which Prometheus was involved in, like KeyOS and Halc.  Yesterday I was so frustrated with everything that was ALREADY PUBLIC KNOWLEDGE [stated on twitter and in the XC OP/ANN] being portrayed as some type of scam.. Accusing me of being Prometheus, accusing me of being the dev. of numerous coins and half the coins in blocknet...that I simply answered no to any and all questions.   None of these allegations are true, I am DAN METCALF and I have never used any other account than ATCSECURE on this forum.  Nor did I ever participate into any scam's, nor would I ever...  the comments about XC's POW being stopped because I was paid off is a complete fabrication.

What I find most interesting about this amount of FUD is that all the information was already public, and to think that I have all these alias's on this forum is complete insanity.

My full statement on the matter can be viewed at http://www.atcsecure.com/blog/Official_Statement.pdf


Also blocknet's assets and funds will be held in escrow and released as development progress's.  Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.


Sincerely,

Dan Metcalf

Thank you Dan.

[UnicornFarts]

OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement

as everything I did was stated publicly

Not everything, remember XC premine?

Where was the list published that showed how much had been spent on what?  I must've missed it ... I know it was promised

[Revelation]

OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement

as everything I did was stated publicly

Not everything, remember XC premine?

Where was the list published that showed how much had been spent on what?  I must've missed it ... I know it was promised

There is no list, he just dumped the premine. But remember, this is a public knowledge because whatever Dan does is in the blockchain.

[cryptico]

OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement

as everything I did was stated publicly

Not everything, remember XC premine?

Where was the list published that showed how much had been spent on what?  I must've missed it ... I know it was promised

There is no list, he just dumped the premine. But remember, this is a public knowledge because whatever Dan does is in the blockchain.

I think you are going a bit overboard first you say thank you then you fuck off people. Exit your position already and leave if your trust is lost. The premine issue was addressed and it was not dumped as you can see from the blockchain.

You will not be able to get a refund from bittrex as stated in ITO T&C just exit as other Investors that think alike will do when the market opens. I'm sorry for you that you lost trust I did not.

Now let's please move on.

[Revelation]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

[UnicornFarts]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

I'm not sure even insider trading is as bad as creating the insider trading.

He uses developers to create scenario's he thinks will pump a coin.  Then profits.  Then uses developer for the next coin, etc etc. 

It's not just information he's after - he's after having the technical resources (developers) at his disposal to create a market move that seems legit long enough to dump and move on.

[Revelation]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

I'm not sure even insider trading is as bad as creating the insider trading.

He uses developers to create scenario's he thinks will pump a coin.  Then profits.  Then uses developer for the next coin, etc etc. 

It's not just information he's after - he's after having the technical resources (developers) at his disposal to create a market move that seems legit long enough to dump and move on.

I agree, it is even worse. He is the creator of the insider information.

[pr0m3theus2013]

That is your opinion, but that is not true. I want to create lasting technology. I still support KEY as well, Keytrader 2.0 was recently released and had very little market impact. It's still a great tool for trading.

[ib88]

OMG, this is a such an orchestrated response from Dan and Prometheus trying to appease the market. You guys suck. I am such a fool to invest in your ITO. I will be asking Bittrex for the refund.
Dan (or whoever you are), you are not truthful in your statement

as everything I did was stated publicly

Not everything, remember XC premine?

Stop with the bullshit. You haven't even invested in this project.

[UnicornFarts]

I'm asking again - WHO is the escrow and at what points in the project are the funds released to the developers?

Edit:  For $50 I can throw up a wordpress site for you at http://www.atcsecure.com/blog/.  Might look better and you could add new articles, ongoing blog for progress etc etc

[BitcoiNaked]

If they sell for example for 1000 BTC what happens to the rest 1500BTC/Block?

It will be destroyed.

That means normally that the worth from one block will rise automatical I guess   and when the network is in action I get higher fees ?
Is this right?

Correct  

no thats not correct, ppls will dump blocknet till they have delivered something usable in Q2 2015. I offer bets that blocknet will loose on value after the ito. Up to 5btc, pm me.

I would say the same if i would like to buy cheaper, it can go up aswell if devs come up with updates. Blocknet is very popular right now because of it's concept and some haters talk. If the devs just mind their own goals and work on this concept i can see it explode.

I wait until tomorrow cause I have the feeling BTC is about 250 Euro. Then I buy a few more Block.

Can anybody explain is the delevopment in all other partiziapting coins involved?
What do you thinc about Sonic? The price seems pretty good and the partizipating coins will rise too I guess.

I bought 2 btc at 280 euro, i don't know very much about other coins, but the blocknet concept i do like and think it has potential

[Oldminer]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag?? Of course not, because the fact is you too could have bought in big too when I announced my plans, but you simply chose not too. GTFO of this thread. You dont belong here.

[UnicornFarts]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag? GTFO of this thread. You dont belong here.

So to summarize you feelings succinctly.  You see nothing wrong with the prom / Dan / pump group alliance and do not feel it effects the legitimacy of BlockNET at all.

[Oldminer]

Prometheus, you and your fellow "smart" traders have access to insider information and you trade on this information. Your long post is just confirming this. It doesn't matter how you exit your positions, what matters is that you are trading on the insider information. In real world you would be a criminal, in crypto you are a scambag.

In the cryptoworld, 'insider trading' is not illegal. Its happened a hundred times before and will happen a hundred times again. You quote 'real world' rules & regulations, yet crypto is not subject to these rules, so how the fuck is it relevant? If I take over an existing coin and announce some big plans for it, and I buy up big, and I release these plans, and the coin rises 100 fold, and I profit take, am I a scumbag? GTFO of this thread. You dont belong here.

So to summarize you feelings succinctly.  You see nothing wrong with the prom / Dan / pump group alliance and do not feel it effects the legitimacy of BlockNET at all.

I don't see it as an alliance, no. Not at all.

[docnebula]

Can someone tell me when the ITO ends?  Why are there sell orders less than ITO price on Poloniex?

[Spoetnik]

Also blocknet's assets and funds will be held in escrow and released as development progress's.  Blocknet is not a scam, but a legitimate project and proof of concept code will be available shortly.

Can someone comment on why the exchanges plan on releasing it as soon as the blocknet PoS wallet is ready in 7 to 10 days post pre-sale?  Is there a different escrow besides the exchange being used to track the progress of blocknet & release accordingly?

i was wondering the same thing..

they pull in almost a million bucks by the end of this who did they get to be the trusted escow ?

when you pull an ITO "investment" that hauls in close to a million dollars yeah.. they will go into over time trying to prop it up !
i seen it for yrs around here with dummy services tacked onto clone coins etc.. a classic method of legitimizing the scheme.

What he did here is not worth 900k !
nor is any other future possible aspect of all this either.

Spoetnik, Stfu already. Your beloved jackpotcoin isn't worth 1 satoshi. Get lost.

Actually it's worth 8 and has been for a month+ while all other coins tanked.. JPC didn't go down

Are we still on topic here honey ?

Can you shed some light on what i wanted to know ?
If not ? ..then YOU STFU.