Time to hold

Even if the price just stays the same at .00143 It's highly likely Bitcoin will be around $2,490 tommorow.
That means block will be at $3.56 with no one else buying in. Grin

It's also likely that the following day Bitcoin will be at $2,724.0 another $234.0 rise of puts block at $3.89. and the next rise of 234.0 + 2724 = 2958.0 which means block is at $4.29 cents at this price. Grin

Bitcoin will most likely be less than a week will be around the $3,000.0 dollar range if Block stays at .00143 that means we're at $4.29.

I wouldn't sell any of my block under .00143, and if only .20 Bitcoin comes in it puts us at .00149.
at .00149 x $2958 Bitcoin in a fewdays puts us at $ 4.40. I'm Holding.

It may even happen sooner within a few minutes of mentioning this Bitcoin hit 2,293.0.
Blocknet could hit as high as any where from $4.40 to $5.60

It makes no sense to sell at the moment...

Quote from: Jumanji7 on May 20, 2017, 06:21:14 PM

Quote from: htown2017 on May 20, 2017, 05:37:46 PM

Holding BLOCK until 100 million market cap as anything under is cheap

Look how many useless coins are over 100 million market cap. Block will have real usecases and very huge usecases. It deserves to be at 1 billion marketcap within 12 months!

Quote from: G-Bert on May 05, 2017, 12:38:18 PM

Quote from: synechist on May 05, 2017, 12:33:22 PM

Quote from: truxton on May 05, 2017, 12:17:26 PM

Quote from: cryptohunter on May 05, 2017, 11:10:24 AM

Quote from: BelowAb0ve on May 05, 2017, 10:34:15 AM

Excuse me, but why in the living hell aren't people loading into Blocknet!?!? Its beyond me! Let me explain for those who don't know -

Blocknet are relentlessly building a decentralized exchange. The ONLY truly decentralized exchange, where you will maintain FULL control over your funds at ALL times. No third parties ever involved, no trust required. This is NOT true for ANY other DEX project out there.

No govt agency will be able to shut it down and seize funds, and no shady exchange can run off with your money. You won't even have to hand over any personal information to use it. Fees will likely be much much lower than poloniex and the like, and trades will happen instantly.

I mean the whole thing will be an absolute game changer! Project of the year!

The developers are super super smart, they know exactly what they're doing, and are fully committed. There are a bunch of other exciting spin offs from the tech they're developing - which is going to allow different blockchains be able inter-operate and interact together. For now, they move toward the Blocknet DEX - with already working, proven, executed trades in the bag...

What's more, you can buy an exchange node for 5000 block - that's only about 5btc at these insane prices on Bittrex. Exchange nodes administer trade fees, and for running the node you will receive a small commission of every trade that goes through you (just let that sink for a minute...)

Yes it's real, it has a tangible inherent value (unlike the other rubbish getting pumped out there). The demand will be massive - every crypto-trader with half a brain cell will be using it (wouldn't you be!?). Yet there it sits, waiting, looking for some love...

Yup, you're welcome, please thank me later

The problem is people will not believe it until they see it.

It's like anything you notice the pump as soon as it is fully operational. Which is strange because by then you missed the best buying opportunity.

The hold back here is that it has been in development for years. Investors are speculating there will be many months and opportunities to buy before actual release so are gaining from other pumps first.

However really since coblee and sys dev and DZ have actually seen it working there is even more reason to believe it is an amazing opportunity only not gaining first mover on it is the concern. Once it is out I think you will see a huge green candle if it is released in reasonable time frame.

I know its hard not to but don't worry too much about the timeframe. Wink

Regarding a roadmap, here is our plan:

- publish an initial list of planned features
- allow people to vote on features (probably by directly funding each feature), in order for us to gauge the market's priorities
- put the features in the order of priority resulting from the votes (this can be readjusted as later votes come in - no need for a cutoff)
- add features as they come up

Sound good?
I plan to publish this in the next few days at the latest.

Sounds great!

Cheers.

Quote from: free-bit.co.in on May 19, 2017, 08:36:31 PM

Quote from: truxton on May 19, 2017, 08:33:33 PM

Quote from: free-bit.co.in on May 19, 2017, 08:22:32 PM

Nice we have hit the $3 price!

Also, will we have for sure a fixed requirement of 5000 Blocknet coins to run a service node? At this prices it's at $15000 per service node..won't that lead to less service nodes and danger that if only few nodes would be running and then they all decide to leave and sell their coins, no trading would be possible anymore? Would be great if someone cleared that for me.

The next build will have a voting system. 5000 is not fixed forever. The higher the value of block, the lower the amount to run a node in theory. It can be adjusted as we go along to keep a balance. This means that if a node price drops by a thousand for example, suddenly everyone running a node has an extra 1000 blocks to sell if they want and the overall price of a node drops.

That's great, thanks for the information!

I agree, I think we should ask Devs to lower the amount of Block required to run a service node to 100 blocks. It would create a huge influx of people who would be interested in Block.