Quote from: synechist on November 06, 2014, 08:34:56 PM

LeeWilson, you're banned.

Don't post here again.

Well, I was "officially banned" from the blocknet thread. I will give it a few more minutes to post any deleted posts that were deleted around and after my banning.
We will be able to see if these posts should have been considered ban worthy or were just questions they did not want to answer because of the repercussions.
I am still awaiting any type of response regarding Dan Metcalf pulling btc funds into his personal accounts from the ito. As well as awaiting any formation of a board of any kind on their part like their terms mentioned. I will be releasing some really nice nuggets of reality to the thread here and will most likely post it on the blocknet thread as well because that was the original intention, but I was awaiting the answers to the questions above and that you will see were posed also below.

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Quote from: RoHoss on November 06, 2014, 06:23:30 PM

Quote from: leewilson on November 06, 2014, 05:05:41 PM

Quote from: synechist on November 06, 2014, 02:24:29 PM

CryptoArticles: How the Blocknet ensures its funds cannot be misspent

http://www.cryptoarticles.com/crypto-news/how-the-blocknet-ensures-its-funds-cannot-be-misspent

Quote from: leewilson on November 06, 2014, 04:50:16 AM

Quote from: leewilson on November 06, 2014, 04:48:59 AM

Quote from: MobyDick_Poloniex on November 06, 2014, 04:16:42 AM

Quote from: MobyDick_Poloniex on November 06, 2014, 02:15:00 AM

Quote from: leewilson on November 06, 2014, 12:07:40 AM

Quote from: MobyDick_Poloniex on November 05, 2014, 08:31:01 PM

Quote from: tylerderden on November 05, 2014, 07:43:46 PM

Quote from: mxxxxxx on November 05, 2014, 07:37:46 PM

Quote from: tylerderden on November 05, 2014, 07:33:15 PM

i heard bittrex is putting a buywall up for block. is this happening for all the exchanges or are they the only one? and what if we bought with another coin? any offical info on all this?

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

They are doing it to compensate open trading on Poloniex

yeah polo dropped the ball a little bit on this deal. oh well should mean less supply of coins and higher value hopefully.

Not the case at all. I negotiated the terms of the crowdsale for Poloniex. I made it abundantly clear to the Blocknet team multiple times that trade would be open on Poloniex in both the NHZ and BTC BLOCK markets. Blocknet was well aware of the arrangement.

MobyDick_Poloniex because there seems to be a breakdown as to what is being told to the community versus what is really happening would you please let us know some more things.

When you were approached to pull down the sell wall, what reasoning were you given?

Did it violate the agreement you originally had with blocknet?

How many total block's were sold on poloniex?

How much btc did it generate?

Were these funds sent to blocknet?

If so, what btc address and who was the blocknet representative that authorized this?

Thank you.

Poloniex was not asked to remove a sell wall. The developers selling Blocknet were able to deposit and place the wall at the price they chose and with the quantity of BLOCK they deposited. The removal of the sell wall was entirely up to the developers and did not violate any previously arranged terms.

The total amount of BTC and NHZ raised during the crowdsale has been tallied, and the addresses funds were withdrawn to have been noted. I have requested authorization to release these details from Dan Metcalf in an email, and will await his decision before posting them.

UPDATE:

Dan Metcalf has given approval that the following information be made public:

Regarding Blocknet sales on Poloniex:

37.5060983 BTC worth of BLOCK was sold for BTC
14.31655727 BTC worth of BLOCK was bought with BTC

23.185 BTC was the total raised on Poloniex prior to the removal of the sell wall.

BTC raised was sent to

1PvuqFFhQg69KqsKQ96rwR1RDWqgXeqat8 and 1CDaN8NbNDjdbKtFdKiVh2MM9Gky6efncE

32450774.72149716 NHZ worth of BLOCK was sold for NHZ.

NHZ raised was sent to NHZ-PC95-K8VS-MEX5-7Z5K7

I am guessing these are not the multisig escrow wallets that were mentioned in the last couple of days.
These funds were pulled off of poloniex a week ago.
One has had deposits sent to it on and off since July hence potentially comingling funds from somewhere else.
One appears newer.
Both have multiple smaller amounts of btc being sent out of them to multiple different addresses.

Did the board vote for those transactions? Did the auditor approve?

I notice this did not get addressed. Care to address this now?

Why is ITO gathered BTC from Poloniex being sent by Dan Metcalf to his personal account(s)?

Exactly how much BLOCK was removed from Poloniex?

Where did the BLOCK go that were removed from Poloniex?

Where did the BLOCK go that were removed from Bter?

Has BTC been removed from Bter? If so, where did it go?

In your latest release of new ITO terms it mentions a board and multi sig wallet creation previous to btc removal, or did I read that wrong?

I think much peoples store the Blocks from Poloniex, Coingateway and Bter in their Wallet. Don`t forget they staking.

Next point is, that you have later to transfer the Blocks to the NHZ Assets Exchange.

Thank you for you answer, but I am not asking about BLOCK purchased by investors.

All of the questions are regarding the BLOCK and BTC generated from the ito held by the exchanges and/or Blocknet group.
They know what I am asking and have chosen not to address it for over 12 hours intentionally because the ramifications are catastrophic.

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Quote from: Longenecker on November 06, 2014, 06:30:44 PM

It looks like if another 100 BTC (conservative estimate, it might be considerably less) is sold into the Bittrex buy wall, the ITO will, "fail," according to the ITO terms established.

Those terms continue to change.
Like adding more "surprise" coins to coingateway less than 24hrs ago.
Or pulling the sell wall from Poloniex shortly before that.
Or saying that the ito btc will not move from exchanges until a board and multisig wallets are established, but it is already happening.
Or that the board will be determined before the end of the ito...Still a little time left for that if they choose to change when the ito ends and put blame on bittrex.

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Quote from: cryptico on November 06, 2014, 06:50:20 PM

Quote from: mxxxxxx on November 06, 2014, 06:37:43 PM

Quote from: cryptico on November 06, 2014, 06:25:55 PM

Quote from: jahl on November 06, 2014, 06:21:02 PM

Quote from: BitcoiNaked on November 06, 2014, 06:20:15 PM

Quote from: notsofast on November 06, 2014, 06:17:32 PM

I see plenty of Bittrex investors buying on Poloniex at sub-ITO price, then selling an equivalent amount of their captive BLOCK into the Bittrex buywall. Cross-exchange arbitrage.

I believe deposits and withdrawals are closed during this 48 hour so you can't arbitrage.

what he means is, they buy the same amount of btc on polo as they did on trex and then get rid of their trex stach and keep the polo stach

If they can withdraw bitcoins after selling blocks this is compleatly feasable and disgusting.

as we can see they are more interested in buying and selling at once as you noticed earlier

the question is when they run out of tokens

Well now that we can see it please DO SOMETHING. You and Synechist reach out to Bittrex and ask to stop the trading Now!.

This is completly against ITO rules and trading should not be allowed during the refund period. we cannot even check for real how many bitcoins have been sold as they are adding buys at 0.00025.

Please reach out to them and let them address this issue.

You are crying foul about the ITO now? Only when it is not in your favor?
Where was the screaming when it was know by the dev from day one that trading could occur on poloniex. That was against ITO rules, along with all of the thing I posted a few of post back.
The dev himself Dan Metcalf did the exact same thing on poloniex. He put up the buy wall when he wanted and pulled it when he wanted and withdrew btc form the sales when he wanted. He was pulling btc from poloniex 7 days ago into his personal btc wallets that was from the sell of block. And not a whimper from you. WOW

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Quote from: MEED on November 06, 2014, 06:59:27 PM

Quote from: xrobesx on November 06, 2014, 06:54:44 PM

Quote from: cryptico on November 06, 2014, 06:51:05 PM

wasn't leewilson banned from this thread??

i'm pretty sure he was

is there a way to ban person from a thread? Never heard about it...
So ho shouldn't be able to even post here if he's banned?

The op can delete your posts and request you to not post on the thread anymore.
If yo continue to do so then you will be reported to the mods who have the ability to ban you from the site for whatever length of time they fell is necessary.

I was not banned from this thread.
I was however the only person to question the poloniex sell wall that was pulled and where the funds went.
Poloniex was nice enough to request from Dan Metcalf if that information was ok to be released.
Metcalf said it was ok and poloniex posted the info.
The info shows that Dan Metcalf has been pulling btc off of poloniex into his personal btc wallets which is against ITO rules.
The info also shows that Dan Metcalf pulled the sell wall from poloniex which is against ITO rules.
Not one peep regarding this from the dev, pr or community.

Many don't want me here because I keep pointing out major issues.

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Quote from: onealfa on November 06, 2014, 08:05:07 PM

Quote from: leewilson on November 06, 2014, 07:44:47 PM

Quote from: onealfa on November 06, 2014, 07:21:36 PM

Quote from: leewilson on November 06, 2014, 07:13:24 PM

.......Many don't want me here because I keep pointing out major issues.

I like to ask you just one thing:
Will you go for seppuku , if this ITO succeeds ? ? ?

I can easily say I would without fear of losing.......

Time to find a Tantō. Only 1.5 days left....

You forgot the rest of the sentence and the rest of the quote. I added it below.
Why would you want to only pick and choose out of the statement.
You wouldn't be trying to twist words? From a blocknet lover? Who would have thunk it.
The fact that it broke its own rules creating a failure means you shouldn't have already gotten the job done.
Apparently you failed at that as well.

Quote from: leewilson on November 06, 2014, 07:44:47 PM

Quote from: onealfa on November 06, 2014, 07:21:36 PM

Quote from: leewilson on November 06, 2014, 07:13:24 PM

.......Many don't want me here because I keep pointing out major issues.

I like to ask you just one thing:

Will you go for seppuku , if this ITO succeeds ? ? ?

I can easily say I would without fear of losing could you do the same?

And why would that be determined by investors?
My claims are that the powers that be are not what you think and that the rules keep changing.

No, you can't accept the challenge and here is why. According to the ITO rules the ITO has failed. Period. Going back and moving the goal posts on a regular basis does not make it succeed.
The terms as laid out were not met and actions went against said terms. Even after the terms were changed, the new terms were not met and actions went against said terms.

So feel free to spill your guts now. Literally and figuratively.

https://www.youtube.com/watch?v=YWyCCJ6B2WE