Quote from: rubbertoe9 on December 10, 2017, 04:44:21 PM

Quote from: Fiatnam on December 10, 2017, 01:42:00 AM

Quote from: Thadeous on December 09, 2017, 07:54:51 AM

According to Coinranking the REC marketcap reached 131M which is really solid.
But I really wonder why Regalcoin guys still do not allow internal exchange?

Even with the blunders, Regal is still around #77 on Coincap.io and would be around that point on Coinmarketcap if CMC wasn't trying to blackball lending platforms and manipulating their results (they changed their evaluations to bump Bitconnect from the top five down to the 20s). It's obvious that Coinmarketcap has lending platforms on their blacklist, and that's hurting Regal. Regal should be listed on the front page of Coinmarketcap. Kudos to Coincap.io (and Worldcoinindex) for at least not putting Regal on a blacklist.

But Regal needs some tough love to get off their rears and implement an internal exchange. It should be top priority, and although I still believe in Regal because I have been able to lend and withdraw without issues, Regal's price will continue to dip until the REC team shows they are going to put forth a better effort. That means unlocking accounts and implementing an internal exchange.

From what I hear following Regal's team on Facebook, the internal exchange will happen in 2018. We can only hope.

Despite all of this, Regal itself is still working for those who aren't locked. Every lending platform has done something similar so we can only hope these two issues are corrected and Regal becomes the best lending platform out there, which I still think it can be.

Bro if you can't figure out that regalcoin is a shit tier coin by now you should just move on. lol. Bitconnect is a ponzi. There's no two ways about it. 100% ponzi.

Regalcoin. Give me one good reason why this coin is needed? They don't even bother to address that in their ANN ?

ICO'd in August 2017. So the project has no age.

People are commenting in troves here on the forum how they can't log in or something?

The website now says regal coin cash, a hard fork of regal coin? allofmywut?

They admittedly premined 5 mil? 20% of the supply? lol. just lol.

Nobody gives a shit about coincap.io whobidditywhatdiddy fucking rank are you kiddding me with that ish?

Not even calling this a ponzi. It's not put together enough to even be one. It's shit. Garbage. A waste of your time money and life. Check yourself out, look in the mirror, take a deep breath and start looking into other projects man. I've seen many many many complete scam projects come and go. This fits the exact mold. In fact this one's mark-ably lazier than a lot of the other scams out there. It's so lazy it takes all of 5 minutes to see it. Forgive yourself, it's not your fault. It takes time and experience to truly understand what brings a project value, and if you think this is a project with value then you have some serious work to do. We live and learn. Of course the fastest way to live and learn is learn from others. You may not like reading what is being said about regalcoin, but you're going to have to rip that band aid off. I'm probably the same way as you, stubbornly ignorant and at times I must learn lessons on my own. So you really have two choices here, you can take heed of this free experience based knowledge being so generously handed to you, or you can continue to be thick headed and when regal coin continues to shit the bed you'll eventually come to accept this knowledge as truth anyway. Trust me you, the former will save you much time (everyone's most valuable currency).

" a coin that I still believe in, " stop with this shit really lol belief is a terrible fucking trading strategy. based on thin air

Everyone who says Bitconnect, Regal, or any other lending platform a Ponzi assumes that interest and referral rates will remain static. Don't get me wrong, I understand why people feel that way, but these programs are paying interest out right now, so as of now, they're working. You might not like it, but people are being paid out, and as long as people can trade lending coins for BTC (and maybe one day fiat), these programs will continue to work. Have there been lending schemes that were straight up scams? Of course, just look at Credence. But just because some of them are doesn't necessarily mean all of them are. Some cryptos are straight up scams (remember Onecoin?), that doesn't mean all of them are. A lazy scam would be Credence - they didn't even open up a website, one of the devs secretly sold his stash and the coin crashed a few days before the site was supposed to go live. That's a lazy scam. Regal has its problems (locking people out - every lending program has done this at some point in time), but they've also worked on those problems (unlocking accounts and letting people cash out of REC even though it hurt the program because of massive sell-offs). Credence was a straight-up scam. If Regal wanted to cut and run, they would have done it before now.

And yes, I still believe in Regal, the program. I will until they pull their web servers or people can't cash out. I've been critical or REC as well - not having an internal exchange at this point is pretty inexcusable. But every time Regal was supposed to end before, every time people predicted Regal would be no more... well, up to this point, they've been proven wrong. Time will tell if REC will last in the long run.

As I said in the post above, everyone going into these programs should understand that they could lose everything. Again, if crypto is high risk, high reward, then lending programs like Regal and Bitconnect are the ultimate epitome of high risk, high reward. It's only right to acknowledge the truth. You could lose everything you've invested in these programs, or you could end up not having to work for a long time if the programs pass the test of time and pay out handsomely in six months to a year. If you don't want to invest, I understand why. But I chose to take a portion of my portfolio and add more risk. Will it be worth it? I guess we'll know by next summer. If not, I knew the risks involved.