Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P
by
LD2164
on 07/11/2014, 19:20:00 UTC
This is actually exactly what I wanted to suggest.  Seeing as Bittrex allows refund for 48h, the ito hasn't actually ended, and therefore we should still be allowed to buy.

Seeing as it is all about "fairness".

Open the buys and see if this ito fails or succeeds!


Bittrex did what they felt was needed based on outside events which were out of their control and ITO Terms.   So they did the right thing by their customers.


I could now write a book about a multi-exchange ITO process, mostly including what NOT to do.

At this stage, everybody has an option to either exit or stay involved - so in the end it all works out.



basically what it boils down to is you have people who buy to hold and people who buy to trade.  what this refund does is allow all those (I'd say above 50%) who buy to trade, to trade with 0% risk.  The 10% messed it up even further.  People have a hard time not selling there trexx bag back to trex and scooping up Polo's stuff...  I'm not saying it's your guys fault, or theirs, but I do think that Bittrex could stop pretending to understand how to make life fair, and in so doing stop allow more trading loopholes..    

Keep up the good work though.  Even if we all go broke, what you produce could outlive us all.