Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
KimmyF
on 15/11/2014, 17:21:49 UTC
Update: BTC funds will be held at the following multisig address in a BitGo wallet: 39mtqLhmPQ8WEpzFCBNHpwPvxFgFPuSDye

That is 364.38012183 BTC ~ 150 thousand USD.

Have you considered to sacrifice (bittrex 7.8 + poloniex 3.6 + bter dust) / total =
only 3% of your immense gains, to stabilize the trading back to ICO prices?

That would immediately stop a lot of complaints.

You believe in your project? Then buy up some of your coins, for cheap.

EDIT: And you probably need less BTC, once the market understands that the trend towards 0 Satioshi is reversed.

A buy wall is actually something we've considered cursorily.

It's not a bad idea -  and neither is it a bad idea for the Foundation to be invested in BLOCK.

We'll let you all know if we decide to do this. It makes a degree of sense.



(Hint: might wanna avoid selling at a loss until we respond to this...)




Buy wall is needed to enhance the confidence of community.
BTW,SuperNet had a 50+ btc buy wall.
+10000000000000000000000000000000000000  Grin
I fail to see the logic in this, the team was given btc to develop tech. Not to artificial keep the price over some level you feel it should have.