Every person considering buying BLOCK at the ITO price has to ask themselves, "Why would anyone wait until after the ITO ends and then buy it for a higher price on the open market? Considering that there isn't actually any tech developed for this project yet and there will not be any produced for a considerable amount of time"

I just can't see why people think they are going to be able to flip a quick profit in an ITO that includes a large amount of altcoin payments that will need to be sold in order to return BTC that can be used to fund the project. Especially considering the 10% bonus for those buying with Blocknet altcoins is going to result in a huge dump at ITO price or lower on the bass that is a 10% profit without even needing to sell at a higher-than-ITO price.

It'll be a race to the bottom of that 10% at the very least, in that the winner will be whomever manages to dump out before the market slips lower than that point.