EvilDave
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November 14, 2014, 08:42:40 AM |
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I'm starting to run out of btc and faith... FFS....I'm not exactly a BlockNet supporter, but some of you guys are hilarious. The ITO has been closed for less than a week and you're looking for quick profit already? What did you think this profit was going to be based on.....Dans winning smile? BlockNet has got a lot of tech to develop before it can make good on the promises of the ITO, and you lot all knew that when you bought in. So grow a pair and hodl, don't just wimp out after 6 days and guarantee your loss by selling.
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reRaise
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November 14, 2014, 10:44:05 AM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
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placebo
Legendary
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Activity: 1120
Merit: 1000
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November 14, 2014, 10:46:18 AM |
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So smart. the people of Blocknet makes millions and all the investors have wortless coins. But that was already clear from the start, still don't understand why people were buying into ITO. Every ICO/IPO/ITO that is bigger then 10 BTC is scam. Believe me. They are only interested in your BTCs not in innovation etc.
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 10:53:05 AM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
You're being uncharitable to yourself there. The money people trusted us with will enable us to build the internet of blockchains. That's a great thing you've supported. If everyone decided to wait until after the ITO in order to try get cheap BLOCK, there would be no BLOCK to purchase, because we wouldn't have made the minimum and the project would never have launched. So you've done a good and beneficial thing by buying. If you're prepared to hold until the tech comes out, you have no reason to suppose that your support of the Blocknet will be to your detriment.
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Co-Founder, the Blocknet
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reRaise
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November 14, 2014, 10:59:35 AM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
You're being uncharitable to yourself there. The money people trusted us with will enable us to build the internet of blockchains. That's a great thing you've supported. If everyone decided to wait until after the ITO in order to try get cheap BLOCK, there would be no BLOCK to purchase, because we wouldn't have made the minimum and the project would never have launched. So you've done a good and beneficial thing by buying. If you're prepared to hold until the tech comes out, you have no reason to suppose that your support of the Blocknet will be to your detriment. I know that, but with no working beta it will be an awful investment and during these months other concepts going to follow making people jump on that. I believe with the annoucement or ending of the sales a working model of the concept needs to be released or else it will lose steam anyway. This way people sell and will buy in 6 months again, no reason to hold for so long imo
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 11:48:47 AM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
You're being uncharitable to yourself there. The money people trusted us with will enable us to build the internet of blockchains. That's a great thing you've supported. If everyone decided to wait until after the ITO in order to try get cheap BLOCK, there would be no BLOCK to purchase, because we wouldn't have made the minimum and the project would never have launched. So you've done a good and beneficial thing by buying. If you're prepared to hold until the tech comes out, you have no reason to suppose that your support of the Blocknet will be to your detriment. I know that, but with no working beta it will be an awful investment and during these months other concepts going to follow making people jump on that. I believe with the annoucement or ending of the sales a working model of the concept needs to be released or else it will lose steam anyway. This way people sell and will buy in 6 months again, no reason to hold for so long imo While I can't predict what the market will collectively consider sufficient to sustain the price, you'll all be able to track the progress of the project, as development is open source. We'll also be reporting progress here on a regular basis Outside of coding, there will be progress on the formation of the Foundation, the Think Tank, and other aspects of the Blocknet. There should also be significant emphasis on B2B markets. There'll also be new tech delivered by participating coins. So overall, there are multiple sources of good news for the Blocknet. It's not easy at this early stage to say how markets will respond to various pieces of news, but the reality is that there's a lot going on, and a lot to recommend the Blocknet. So I don't see the coming months as a kind of hiatus in which there's nothing to support the price. I see it rather as a multifaceted throng of developments, all converging on the Blocknet.
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Co-Founder, the Blocknet
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stealth923
Legendary
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Activity: 1036
Merit: 1000
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November 14, 2014, 12:38:29 PM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
You're being uncharitable to yourself there. The money people trusted us with will enable us to build the internet of blockchains. That's a great thing you've supported. If everyone decided to wait until after the ITO in order to try get cheap BLOCK, there would be no BLOCK to purchase, because we wouldn't have made the minimum and the project would never have launched. So you've done a good and beneficial thing by buying. If you're prepared to hold until the tech comes out, you have no reason to suppose that your support of the Blocknet will be to your detriment. I think the point he is trying to make is the responsible thing to do would have been to run the ITO when you had something tangible or a portion of a solution to demo. At this point the only thing people are investing in is air and promised dreams of grandeur.
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 12:44:07 PM |
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I made a mistake buying into this ito, because they had nothing out yet. I won't buy any ito anymore if they just need to start developing after it, lesson learned
You're being uncharitable to yourself there. The money people trusted us with will enable us to build the internet of blockchains. That's a great thing you've supported. If everyone decided to wait until after the ITO in order to try get cheap BLOCK, there would be no BLOCK to purchase, because we wouldn't have made the minimum and the project would never have launched. So you've done a good and beneficial thing by buying. If you're prepared to hold until the tech comes out, you have no reason to suppose that your support of the Blocknet will be to your detriment. I think the point he is trying to make is the responsible thing to do would have been to run the ITO when you had something tangible or a portion of a solution to demo. At this point the only thing people are investing in is air and promised dreams of grandeur. Not really. No-one had to buy the ITO. We clearly set the terms, and people responded favourably. So evidently there's consensus that what we did is sufficient. There's really no point to contest here.
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Co-Founder, the Blocknet
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g0re79
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November 14, 2014, 12:55:17 PM |
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Does BlockNet team plan any pump to get price to some reasonable levels, before whole project collapse badly?
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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November 14, 2014, 12:55:35 PM |
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darkcoin tried unsuccessfully to create a block with another coin a few days ago. It would be cool to see darkcoin participating in blocknet. Why not? This invitation has already been done?
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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November 14, 2014, 12:58:24 PM |
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Does BlockNet team plan any pump to get price to some reasonable levels, before whole project collapse badly?
this would be manipulate the market. Contrary to what the trolls say, blocknet was not designed to pump and dump. Blocknet was created to be revolutionary. Once things start to flow, you can be sure that will value greatly, as all participating currencies.
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 01:00:39 PM |
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Does BlockNet team plan any pump to get price to some reasonable levels, before whole project collapse badly?
We plan on releasing a continual stream of progress-related news. While this may lead to a pump, it's up to the market to decide how our work affects the value of BLOCK. P.S. The project is independent of the price of BLOCK; it won't collapse at all. We'll just keep on working, because we have the resources to do so. This should be a major support for the price IMO: that the project is viable, healthy, and able to proceed.
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Co-Founder, the Blocknet
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ndrog
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November 14, 2014, 01:00:48 PM |
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Does BlockNet team plan any pump to get price to some reasonable levels, before whole project collapse badly?
Blocknet is not a coin to be pumped or be treated like any other currency. Its a token (we all pitched in, in order to fund the project). Price of the Block token is not our end game but the Blocknet X bribdge coming to life.
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 01:02:37 PM |
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darkcoin tried unsuccessfully to create a block with another coin a few days ago. It would be cool to see darkcoin participating in blocknet. Why not? This invitation has already been done?
Interesting. What did thy try to do? As for the question of adding DRK to the Blocknet, I'm currently unaware of the benefit of their tech.
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Co-Founder, the Blocknet
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 14, 2014, 01:04:15 PM |
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Does BlockNet team plan any pump to get price to some reasonable levels, before whole project collapse badly?
Blocknet is not a coin to be pumped or be treated like any other currency. Its a token (we all pitched in, in order to fund the project). Price of the Block token is not our end game but the Blocknet X bribdge coming to life. +1. Very well said sir. We're honoured to have received the support that we have - especially through the smear campaign. We're now equipped to deliver on our proposal, and we'll do our utmost to do so and to bring a revolutionary thing into the world.
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Co-Founder, the Blocknet
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caex
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November 14, 2014, 01:05:57 PM |
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Mass starts selling currency BLOCK/BTC -28.7% see dissatisfaction investors
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WhiteNotWright
Full Member
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Activity: 196
Merit: 100
Fibre Knight
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November 14, 2014, 01:19:48 PM |
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Mass starts selling currency BLOCK/BTC -28.7% see dissatisfaction investors Naw, just people trying to collect more coins. In crypto this is called "Accumulation Phase" and is typical. Eventually they will floor it, then dead cat bounce.
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EmilioMann
Legendary
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Activity: 2184
Merit: 1028
#mitandopelomundo
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November 14, 2014, 01:29:50 PM |
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darkcoin tried unsuccessfully to create a block with another coin a few days ago. It would be cool to see darkcoin participating in blocknet. Why not? This invitation has already been done?
Interesting. What did thy try to do? As for the question of adding DRK to the Blocknet, I'm currently unaware of the benefit of their tech. I have not thought of any benefit to blocknet with their tech, but with the "name" that coin already has on the market, even among the layperson and its big and strong community. While in technical issues is better for they participating in blocknet. It was just a impartial suggestion thinking just in business. Leaving aside the fight between communities.
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Cyberlight
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November 14, 2014, 01:59:23 PM |
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Mass starts selling currency BLOCK/BTC -28.7% see dissatisfaction investors Naw, just people trying to collect more coins. In crypto this is called "Accumulation Phase" and is typical. Eventually they will floor it, then dead cat bounce. I don't think so , ICO price was just to high, so after ICO end it drops to more sustainable levels.. around 2500 sat i think.
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tempus
Legendary
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Activity: 1960
Merit: 1128
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November 14, 2014, 02:09:19 PM |
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Mass starts selling currency BLOCK/BTC -28.7% see dissatisfaction investors Naw, just people trying to collect more coins. In crypto this is called "Accumulation Phase" and is typical. Eventually they will floor it, then dead cat bounce. I don't think so , ICO price was just to high, so after ICO end it drops to more sustainable levels.. around 2500 sat i think. Everybody who wanted to buy, bought the ICO. After the ICO (and because of some concerns), there is too less buy-support and at the same time some/many want to sell. I don't know any ICO without a drop after it. But mostly there is something to show after an ICO... in this case it's just an idea.
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