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

[hoertest]

lesson for xc inc. ito

[cryptico]

lesson for xc inc. ito

Indeed no more exchanges please..let's bring to the world the first decentralised exchange

[policymaker]

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?

[KimmyF]

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

[mxxxxxx]

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

[SpeedDemon13]

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

Hopefully 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...

[WhiteNotWright]

Got Block?

[vicvelcro]

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..!!!

[mxxxxxx]

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

[vicvelcro]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

[cryptoba]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

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   

[policymaker]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

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.

[vicvelcro]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

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  

[mxxxxxx]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

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

[vicvelcro]

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?

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?

https://bittrex.zendesk.com/hc/en-us/articles/203325664-BlockNet-ITO-What-happened-and-next-steps-

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.

[775011934]

https://bter.com/trade/block_btc is opened.

[buy-black]

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

[kitey]

They may not be following the rules, But they are being fair to their customers

[kobaya74]

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.

[atcsecure]

for the next 21 hours I will mainly be doing this ...

^^^^ thanks, I Needed a good laugh :-) ^^^^