Ninjastic
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Post
Topic
Board Altcoin Discussion
Re: [SCAM] BLOCKNET: The Metcalf/Prom Alt-Coin Cartel Scam Exposed
by
leewilson
on 06/11/2014, 22:50:50 UTC
Quote from: leewilson on November 06, 2014, 10:42:17 PM
Quote from: cryptico on November 06, 2014, 10:36:25 PM
Quote from: cryptico on November 06, 2014, 09:33:08 PM
Quote from: chiznitz on November 06, 2014, 09:22:29 PM
Quote from: cryptico on November 06, 2014, 08:42:03 PM



Do you mean that people buying at higher prices cannot sell back into the wall? how does it work? Once you buy at higher prices Blocks are locked?

What about the Bitcoins made due to people selling and getting the refunds? Those are still able to withdraw and then arbitrage buying block back at poloniex. Will you halt Bitcoin withdrawal till the end of the Refund period? This is a big incentive for people to sell into the buy wall and arbitrage at polo.

If they sell their BLOCK they purchased at Bittrex back into the wall at Bittrex they are perfectly welcome to take their BTC and go buy block somewhere else if thats what they choose to do.  It is their BTC they can invest how they wish.  There are no arbitrage opportunities as BLOCK cannot be withdrawn or deposited from Bittrex.

We maintain an account for the ICO that has the coins that were being sold and the BTC from those sales for our BUY/SELL walls only.  It is all tracked through there, volume created by people buying above ICO price does not count towards the ICOs total sales.

The statements above only stand for the 48 hour buy back period.

Thank you,

Ryan @ Bittrex
Thank you for your answers Ryan I disagree with your first point but I understand your position.

Since now we have a block explorer can we have the address where the unsold Blocks are kept till the end of the refund period?

with your second point I understand that the bought Blokcs at higher prices are not part of the ITO does this imply that if they sell back into the refund wall those will not be taken into consideration as "refunds"?

Thank you.





Bumping this up

Can you please address the second point and give the address as well?

That k you


This is posted by someone that was rallying to get me banned from their thread.
Are his eyes opening?
Will they provide the requested information anytime soon?
Or are they busy consolidating and creating the response now?

Mind you, they still do not even have accurate numbers of any kind from any of the sources of purchase (bter, poloniex, bittrex, coingateway)
Even though poloniex released their numbers blocknet has yet to quote or reference those numbers ever.

Nothing shady at all. Everything on the up and up.  Roll Eyes

PM sent to that user, cryptico:

That kind of question is liable to get you called a fudder, troll and your posts deleted and banned.

I hope you get an answer. For you to even have to bump it says a lot.
Those addresses should have been in the OP for over a week now.
It is not like this is new info that just popped up.
Your current question is very valid and has been since day one.

Because it was not provided in the beginning and also requires a bump so they can get their story straight and some vague answer that makes no sense is being crafted are the exact reason I have major drawbacks.

I requested those addresses along with the btc addresses and those posts were deleted and none of the community stood up to ask or back those questions up. Good Luck