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

[ib88]

Honestly the Bittrex refund wall is non sense. The 850 BTC are reached, and the deal was if they are reach then the project can start.
Now, we are going to have another 48 h of Drama...
This all smear campaign was non sense and now we are giving it the chance to win !

It's fair enough that people that are (in their opinion) "stuck" with BLOCK can trade it back.
You don't want it? Sure, the org will take it of your hands and mark them as not sold in the first place.

About Dan being the coder of XC, come on man, really? XC wallet can send coins anonymously, you can chat anonymously.
There is a mobile wallet (android) being publicly tested. There's a bunch of platforms supported by for the original wallet.

So the results speak for themselves, even if he doesn't know how to code (which seems very farfetched with a linkedin profile indicating his 35 years of experience), then at the very least he knows how to run a business, and quess what? That's exactly what the makes XC stand out from the herd and will outgrow this crypto scene into the real world. I like Dan's vision and the way he produces results.

You comment about holding XC and asking legitimate questions. Then please, coming from a fellow XC holder; enough is enough man.
Let the man focus on the job and drop the undermining questions. This isn't helping us as a community at all.

The whole deal with XC is indeed that it's not open at the moment cos the tech is too valuable for that. You can have a look at Kimmyf's blockexplorer to see that some really advanced stuff happens when you send XC anonymously: https://bitcointalk.org/index.php?topic=630547.msg8969324#msg8969324
If you're not convinced there's something there (whoever made it) then just sell the XC and buy back on Rev3 when it's opensourced.

In the meanwhile Dan is looking at business opportunities that might adopt XC as the foundation platform. When this comes to fruition, well... I leave you to speculate what will happen to it.

Thanks

But don't you see - the anonymous group chat, the android wallet, the updates and the bug fixing in real time on IRC, these are all coming from some other person who hides in the shadows and passes all his work over to Dan. He's also called Dan because as we now know there are many Dans. Some of them are American and some English, but none of them can code, except for the secret Dan who is really Arlyn, who pretends not to be able to code much but actually can. He is using his coding skills for evil purposes though there is no doubt about that - the fact that he can spell is all the evidence we need.

Once the Dans have sold their tokens, they will try and fool us by sticking around and pretending to care. They will embellish their lies by releasing code, decentralised mesh anonymity (done  - just to prove my point), and a working blocknet to make us think they are truly genuine. But we will know the truth.

lmfao I literally lost it. Thanks for the laugh dude 

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[mikerutch]

More FUD incoming.....batten down the hatches!

[g0re79]

2 hours after ICO ends and there is still no buy wall on Bittrex..

[braxx]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

[g0re79]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Oh my bad, I thought that 7 days mean 7 days (as every ordinary ppl), not 7 days and few hours.

[Levole11]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Can anybody tell me what happens with the coins bought from ploniex market, if the 850 btc are not met? I have bought some over there, because they were too cheap

[MadGhost]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight 

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.

18hr from now

Can anybody tell me what happens with the coins bought from ploniex market, if the 850 btc are not met? I have bought some over there, because they were too cheap

[Poly#Crypto]

2 hours after ICO ends and there is still no buy wall on Bittrex..

* The ITO will run for 7 days beginning October 29, 2014 at 5am PDT and ending on November 5th 23:59:59 PDT

[racer2012]

Honestly the Bittrex refund wall is non sense. The 850 BTC are reached, and the deal was if they are reach then the project can start.
Now, we are going to have another 48 h of Drama...
This all smear campaign was non sense and now we are giving it the chance to win !

+1
Let's just start the project

[TheGer]

Once again posting here because main thread os locked AND XC Forum is manually filtering signups so I can't post there even though I've registered(see my aside below the reason for this post).

No payouts on Multipool for a week?

Concerning the forum I think a primary reason why traffic is so low there, especially now that the main thread is locked.  Most people that will go there are people looking to post a question or comment immediately.  They expect to register, but making them wait for manual approval will have a lot of people just saying "fuck it" and not bothering.  If you are going to lock the main thread then take the manual approvals off the forum so people can get in there and talk.  You already have control enough to manage what's posted no need to set roadblocks for people wanting to get involved there.

[ib88]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Oh my bad, I thought that 7 days mean 7 days (as every ordinary ppl), not 7 days and few hours.

Why do you care so much about the timeframe? you haven't even invested.

In the end, however, I am not worried. It is my contention that superior technology will always win, and that the long term market will always choose the strongest competitor. Crypto is a vibrant and exciting world, we all need to remember to keep pushing the boundaries of what is possible daily.

Well... remember Betamax? Anyway I am quite sure that Blocknet is driven by bunch of pumpsters, maybe as last attempt to squeeze final drops from dying crap coins.

[g0re79]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Oh my bad, I thought that 7 days mean 7 days (as every ordinary ppl), not 7 days and few hours.

Why do you care so much about the timeframe? you haven't even invested.

In the end, however, I am not worried. It is my contention that superior technology will always win, and that the long term market will always choose the strongest competitor. Crypto is a vibrant and exciting world, we all need to remember to keep pushing the boundaries of what is possible daily.

Well... remember Betamax? Anyway I am quite sure that Blocknet is driven by bunch of pumpsters, maybe as last attempt to squeeze final drops from dying crap coins.

I did invested and now I am looking forward for refund, because I expected ANY proof that Blocknet is legit, but all I get was slimy FUD campaign.

[Levole11]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Can anybody tell me what happens with the coins bought from ploniex market, if the 850 btc are not met? I have bought some over there, because they were too cheap

Bumping for an answer..

maannn, we have to listen to two more days of fud..

[BitcoiNaked]

Again repost from Bittrex regarding their buy wall

Somewhere along the way, there was a miscommunication and BLOCK coins were released for both trading and staking.  By enforcing the escrow terms, we put Bittrex users at a disadvantage.  To remedy this, we will put up a buy wall at the ITO price for 48 hours after the ITO ends on November 5th.  We will not allow deposits or withdrawals during this 48 hour window.  This will allow any users wanting a refund to receive one.  Once this window closes, we will pull the buy wall and evaluate the escrow terms.  If everything checks out, we will release the funds to the developer and open the wallet and market for trading.

[mxxxxxx]

Bumping for an answer..

maannn, we have to listen to two more days of fud..

This was the reason I brought up the question about refunds.  I still hold my BLOCK from the exchange and haven't sold any on Polo.  But those that have would be SOL.  What would happen to those participating coins that Coingateway holds that can't be returned because of this?  They hopefully wouldn't be put on the market to exchange for BTC because that could kill the coins.  Would the unclaimed coins be destroyed?

And what if you have a situation where someone that exchanged a participating coin for BLOCK on coingateway, instead of getting those coins back, goes to POLO and exchanges the BLOCK for BTC at the 25k buy wall?  There really is no way to control this.

And as a final note like you said, if it doesn't get funded, then all those that sold at a loss will take the loss.  Those that bought at the discounted prices will now actually make some off those purchases because they will be selling into a buy wall on POLO.  ALL OF THIS IS THEORETICALLY SPEAKING OF COURSE.

This is getting funded, but just wanted to cover the what ifs.

When it comes to refunds using any altcoins that aren't claimed on CoinGateway, we could just put up sell walls on exchanges.

This wouldn't crash the price of any alt. It would just offer refunds for the same price coins were sold at.

We'd break even (minus fees), and market cap would be restored to the altcoins.

Anyone who traded BLOCK in the interim and either profited or lost is responsible for their trading decisions. Sounds fair to me. It's a zero-sum game after all.

Yep. I agree. If you traded blocks you take the risk of not getting square in the end. However, if you bought under 25, well done if you can sell off at 25 on the wall. Always in crypto ways to profit in trading, but someone always has to lose. Keep that in mind.

[WhiteNotWright]

I fail to see why this process of bittrex refund is complicated for folks. You put the money in and if you have remorse, you take your money out (minus trade fee's). If you baught at other exchanges, play by those rules. If we somehow fail to meet the goal, refunds are provided if you can account for the transactions on the chain and haven't traded against them (your mistake by playing the system). In any event, it's not like the Blocknet is going to evaporate. Pretty sure it will be around for additional trading because it has about as much value as anything else in terms of alt coin market. And there is nothing the crypto God's have stated that would preclude another round of potential funding with different terms. Get some.

[ib88]

Why do you care so much about the timeframe? you haven't even invested.

I did invested and now I am looking forward for refund, because I expected ANY proof that Blocknet is legit, but all I get was slimy FUD campaign.

You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win.

Spare me the bullshit.

[Levole11]

Bumping for an answer..

maannn, we have to listen to two more days of fud..

This was the reason I brought up the question about refunds.  I still hold my BLOCK from the exchange and haven't sold any on Polo.  But those that have would be SOL.  What would happen to those participating coins that Coingateway holds that can't be returned because of this?  They hopefully wouldn't be put on the market to exchange for BTC because that could kill the coins.  Would the unclaimed coins be destroyed?

And what if you have a situation where someone that exchanged a participating coin for BLOCK on coingateway, instead of getting those coins back, goes to POLO and exchanges the BLOCK for BTC at the 25k buy wall?  There really is no way to control this.

And as a final note like you said, if it doesn't get funded, then all those that sold at a loss will take the loss.  Those that bought at the discounted prices will now actually make some off those purchases because they will be selling into a buy wall on POLO.  ALL OF THIS IS THEORETICALLY SPEAKING OF COURSE.

This is getting funded, but just wanted to cover the what ifs.

When it comes to refunds using any altcoins that aren't claimed on CoinGateway, we could just put up sell walls on exchanges.

This wouldn't crash the price of any alt. It would just offer refunds for the same price coins were sold at.

We'd break even (minus fees), and market cap would be restored to the altcoins.

Anyone who traded BLOCK in the interim and either profited or lost is responsible for their trading decisions. Sounds fair to me. It's a zero-sum game after all.

Yep. I agree. If you traded blocks you take the risk of not getting square in the end. However, if you bought under 25, well done if you can sell off at 25 on the wall. Always in crypto ways to profit in trading, but someone always has to lose. Keep that in mind.

Ok, fair enough..

[g0re79]

2 hours after ICO ends and there is still no buy wall on Bittrex..

DUDE
ICO isn't over yet
Get your time-zone straight  

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.

18hr from now

Oh my bad, I thought that 7 days mean 7 days (as every ordinary ppl), not 7 days and few hours.

Why do you care so much about the timeframe? you haven't even invested.

In the end, however, I am not worried. It is my contention that superior technology will always win, and that the long term market will always choose the strongest competitor. Crypto is a vibrant and exciting world, we all need to remember to keep pushing the boundaries of what is possible daily.

Well... remember Betamax? Anyway I am quite sure that Blocknet is driven by bunch of pumpsters, maybe as last attempt to squeeze final drops from dying crap coins.

I did invested and now I am looking forward for refund, because I expected ANY proof that Blocknet is legit, but all I get was slimy FUD campaign.

Spare me the bullshit.

gr8.this faq predicts 900% gains.cant take that seriously.sorry but that was Too Bolt.

Huh? No it does not predict 900% gains. What FAQ are you looking at?

This is the FAQ: https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808

You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win.

Does not mean that I should not spend few coins to buy few blocks, for "what if" case. And I was right, so now I am looking forward to dump my 3k blocks. Anyway Your time is probably worthless, if You can spend it to dig in my history.. I am sorry for You.

[BitcoiNaked]

What stops those who have bought for cheap at poloniex, to send their block to bittrex now and sell at 0.00025 on the buy wall ?