What if I don't want refund?

The thing I'm trying to wrap my head around is, if for some reason BlockNet doesn't meet it's minimum requirements for a successful ITO, how will all the funds be refunded?

Bittrex I understand.  They are putting up a 48 hour buy wall after the ITO to allow people to get their BTC back if they want to back out of BLOCK, at 25k sat.  Obviously if the project fails, they will keep a BUY wall up (not allowing anyone to deposit into their addresses), and keeping Bittrex money in Bittrex.

For the Coinswap that happened on Coingateway.  The coins we traded in would be returned to us.  What happens if those BlockNet tokens have already been sold on the open market?  Obviously you wouldn't get your XC, XST, SWIFT, etc back, but what happens to all those coins that are not returned?

On Bter and Poloniex.  Since the markets opened already and trading has occurred, how would those BLOCK be purchased back?  Through a Buy wall of the collected BTC?  How do you prevent those that traded coins in on Coingateway from buying from the Poloniex buy wall if that is the plan?  Same thing from BTer?  What about those that bought BLOCK on the open market at a discounted price?  Are they now eligible to sell back their BLOCK and get 25k sat per block?

Hopefully this doesn't happen, because this would be a bloody mess.  I couldn't even imagine how to begin sorting that out.  This is why the sales numbers are important to see for each of the exchanges.  If, worst case scenario happens on Bittrex and 90%+ of the sales are sold back, are we still good?  

 

Right, and I get that.  I'm talking about if the project is not funded to a minimum, all BTC will be returned to investors.  How will that work with all the other exchanges besides Bittrex?

From the ITO PDF, under the section "ITO Rules", it states: If an amount of less than 850 BTC (~$300,000) is raised, funds will be returned to investors.

You people here are really something special... Project will launch, I dont belive that all will sell...lol
And more of you that will, the more % we, who belive in project, will own at the end...
If you wish to sell sell it, don't worry about others or how/what will happen IF..

I am not selling I am just worried about ito refund on bittrex
Even if I don't want a refund

Not to worry, this project will move forward. I will be waiting with additional BTC on all exchanges to buy what you don't want. Please note, you do NOT have to refund. Just don't do anything. Just sit there with holdings and enjoy what is to come.

The smear campaign has only reinforced my belief that this is the project to be in. The extent to which the SDC trolls have gone to is quite astonishing and shows they see this as a huge threat to their own agenda. Without the smear campaign ALL tokens would've sold out by now. From a selfish point of view this actually works to my benefit as my tokens will approximately double in value from my original estimates.

+1.  On all accounts.

You both are lucky.  I was only able to get about 100 below 20k.  Then 1,000 right at 20k, and 7,000 right at 21.5k

Think about this.  If the final tally of BLOCK sold is 1100 BTC, that means the supply would only be 4.4 million. 

Buys increasing @ polo and orders under sell wall @ 25k getting thiner