hoertest
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November 07, 2014, 11:53:48 AM |
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lesson for xc inc. ito
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cryptico
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November 07, 2014, 11:56:16 AM |
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lesson for xc inc. ito
Indeed no more exchanges please..let's bring to the world the first decentralised exchange
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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November 07, 2014, 11:58:35 AM |
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lesson for xc inc. ito
Indeed no more exchanges please..let's bring to the world the first decentralised exchange that is a good suggestion idd, there just was way lots of drama with all these exchanges btw im sry, why is bittrex still running? I thought it was supposed to end 2 hours ago?
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KimmyF
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November 07, 2014, 12:00:31 PM |
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Hello Block Community I just Pmemmed Ryan from Bittrex
Bittrex seems to be honoring the original terms of the ITO and up untill now they stick with there really clear terms, the only reason they put up this wall is to protect there customers after they found out other exchanges allowed trading during the ITO. With this they earn some credits in my book, hope that wall stays up. No mather what the consequences
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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November 07, 2014, 12:03:11 PM |
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lesson for xc inc. ito
Indeed no more exchanges please..let's bring to the world the first decentralised exchange that is a good suggestion idd, there just was way lots of drama with all these exchanges btw im sry, why is bittrex still running? I thought it was supposed to end 2 hours ago? http://www.webcountdown.net/?a=zqXsrez
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SpeedDemon13
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November 07, 2014, 12:06:41 PM |
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lesson for xc inc. ito
Indeed no more exchanges please..let's bring to the world the first decentralised exchange that is a good suggestion idd, there just was way lots of drama with all these exchanges btw im sry, why is bittrex still running? I thought it was supposed to end 2 hours ago? http://www.webcountdown.net/?a=zqXsrezHopefully that the refunds during the time left do not exceed 100 BTC with the time left... Would be nice to get this project going asap and fuctional...
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CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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November 07, 2014, 12:20:26 PM |
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Got Block?
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vicvelcro
Full Member
Offline
Activity: 196
Merit: 100
WARNING: I say "F*CK". A Lot.
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November 07, 2014, 12:20:41 PM |
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I thought it was supposed to end nearly TWO DAYS AGO. If the target of 850 was reached at that time, BLOCKNET should be good to go. If the target of 850 was not reached at that time, the whole thing should be off and people should have BEEN refunded by now. What did I miss? I thought it was supposed to end 2 hours ago?
Bittrex ITO rules
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.
Look this : If success conditions are NOT met, all BTC invested will be refunded through a buy wall...that's mean BUY Wall can be lower than 0.00025 BTC...maybe can be 0.00000025, because the DEV have target : ITO must raise 850 BTC total across all exchanges to be considered a success...WOW..that's is a lot of MONEY guest, ...and we will not hear COIN burned..!!! Bewaree..!!!
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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vicvelcro
Full Member
Offline
Activity: 196
Merit: 100
WARNING: I say "F*CK". A Lot.
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November 07, 2014, 12:26:13 PM |
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Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Due to non-compliance with condition #8, and possibly #4. Yes? No?
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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cryptoba
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November 07, 2014, 12:29:07 PM |
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Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Yes? No? Your understanding is wrong. There is anouther 18 h to go and then we will know if project will be launched. I am sure it will be
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policymaker
Full Member
Offline
Activity: 210
Merit: 100
Crypto Currency Supporter
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November 07, 2014, 12:29:35 PM |
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Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Yes? No? No, it hasnt failed. A wall has been set up for dumpers to dump, if that doesnt exceed a certain point were 850BTC cannot be maintained for the team, then blocknet wont go through. For now we r good.
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vicvelcro
Full Member
Offline
Activity: 196
Merit: 100
WARNING: I say "F*CK". A Lot.
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November 07, 2014, 12:30:56 PM |
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Today is November 7 PDT. It should be over, one way or the other. November 5 has already passed. How am I mistaken? Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Yes? No? Your understanding is wrong. There is anouther 18 h to go and then we will know if project will be launched. I am sure it will be
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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November 07, 2014, 12:30:59 PM |
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Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Yes? No? They are saying 48 hours window first for these investors who weren`t able to trade during the ITO period , then summarizing everything to check if ITO is a success 48 hours window ends in http://www.webcountdown.net/?a=zqXsrez
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vicvelcro
Full Member
Offline
Activity: 196
Merit: 100
WARNING: I say "F*CK". A Lot.
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November 07, 2014, 12:33:52 PM |
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So the buy wall isn't a refund wall, it's a cushion for anyone that wants to jump out the window... 850 target was reached on November 5, then. I get it now, I think. Ah. I hadn't seen that. Thanks for the link. Reading the text of that, my understanding is that the ITO has already ended unsuccessfully and that refunds are taking place in the form of a buy-wall for people to return their coin into. Yes? No? No, it hasnt failed. A wall has been set up for dumpers to dump, if that doesnt exceed a certain point were 850BTC cannot be maintained for the team, then blocknet wont go through. For now we r good.
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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775011934
Sr. Member
Offline
Activity: 268
Merit: 250
love is first
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November 07, 2014, 12:36:24 PM |
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buy-black
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November 07, 2014, 12:57:21 PM |
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It seems clear to me that Bittrex is not following the ITO rules. ITO is complete, the funds were obtained withing the ITO time frame of 7 days and Bittrex should now be consider to be part of the FUD campaign. IMO
Long live DAN and Blocknet
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BC + XC + DRK
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kitey
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November 07, 2014, 01:05:46 PM |
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They may not be following the rules, But they are being fair to their customers
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kobaya74
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November 07, 2014, 01:09:44 PM |
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It seems clear to me that Bittrex is not following the ITO rules. ITO is complete, the funds were obtained withing the ITO time frame of 7 days and Bittrex should now be consider to be part of the FUD campaign. IMO
Long live DAN and Blocknet
No exchange followed ITO rules. That is the reason to avoid them with ITO. Polo enabled trading, bter enabled it too for moments... And trex has to protect his investors by putting up the buy wall. If we didn't have coingateway, this project would be doomed in first few hours.
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atcsecure
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November 07, 2014, 01:10:24 PM |
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for the next 21 hours I will mainly be doing this ... ^^^^ thanks, I Needed a good laugh :-) ^^^^
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Join the revolution - XC - Decentralized Trustless Multi-Node Private Transactions
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