From:
http://www.investopedia.com/terms/b/blocktrade.asp

A block trade involves a significantly large number of shares or bonds being traded at an arranged price between parties, outside of the open markets, in order to lessen the impact of such a large trade hitting the tape.

From:
http://en.wikipedia.org/wiki/Block_trade

A block trade is a permissible, noncompetitive, privately negotiated transaction either at or exceeding an exchange determined minimum threshold quantity of shares, which is executed apart and away from the open outcry or electronic markets...

...the selling fund gets a more attractive purchase price, while the purchasing company can negotiate a discount off the market rates. Unlike large public offerings, for which it often takes months to prepare the necessary documentation, block trades are usually carried out at short notice and closed quickly.

Sorry if I seem to only be lifting out the salient points, but block trades seem to be a fairly common occurence in securites exchange. I must concede that DT called them "bulk trades" instead of "block trades" (e.g. this notification: https://bitcointalk.org/index.php?topic=269216.msg2898310#msg2898310).


If block trades were privy to more information than public investors, that information did not come from us. It's my understanding that you personally visited Hashfast (and signed the NDA), so it might be that you were privy to such information? We don't know what that information is, as that relationship is private between Hashfast and yourself. Apologies if it seems unfair to everyone else, but these were the parameters stipulated by Hashfast and we have to work within them.


I agree. I've asked DT to go over the numbers in the table and post a detailed clarification and corrections where needed.