Quote from: Fiatnam on January 04, 2018, 05:33:30 AM

Quote from: RodneyGrillery on January 04, 2018, 04:18:37 AM

Quote from: Fiatnam on January 03, 2018, 05:34:52 PM

Quote from: canman on January 03, 2018, 05:30:36 PM

REC prices have fallen too low. Should I buy now or not? Some say REC is dead. when i look at it. Prices from $ 70 down to $ 2. unbelievable

I've been critical of Regal, so I think I've been fair in terms of my opinion about Regalcoin.

I think it's more than worth the risk to buy Regal while it's cheap. It all depends on if/when they implement an internal exchange.

If they don't implement an internal exchange, the price of Regal will drop below a dollar and it will be hard to keep the program going.

If they do implement an internal exchange, then they can control the price of Regal and the price will inevitably rise.

So it really depends on what you think about the internal exchange. Are you betting that the devs are lying about the internal exchange? Then don't buy. Are you betting that the devs will implement an internal exchange? Then BUY NOW, because the price will definitely increase once the exchange is up and running and the Regal team can control the price of the coin (which they will definitely increase).

So far, Regal has done most of what it said it was going to do, so I'm betting that they will implement an internal exchange this month. When it opens, the price will climb again. I can't tell anyone else what to do, but I'm betting that the internal exchange is on the way.

Have you seen a lending coin that had a working (in good standard) internal exchange that still failed to be a good investment (other than dev dump, or devs stealing money like credence coin)?

I don't own Hextra but I heard they had a problem recently - the explanation is that they were hacked but all accounts were safe, but if you follow Cryptobouse on Youtube, he thinks they got caught manipulating the price and so they temporarily pulled the plug. The website is offline till January 9th, at least.

Westerncoin has had its own problems.

Bitconnect had problems, too, but to their credit, they've worked on all of them. People tend to forget they had some pretty bad problems at the beginning as well.

Davor has been the best lending platform so far. After seeing REC rise up so quickly, I'm a bit weary seeing Davor go from $10 to $100 in a matter of about a month. But as for the product itself, I've had no problems. The best lending platform right now.

Regal made a series of mistakes, most notably locking people out of their accounts, but I think investors would have been more forgiving if the Regal team had communicated its plans on the Regal website. Instead, investors felt like they were out in the cold, and once unlocked (something the Regal team spent a lot of time doing, to their credit), those investors chose to sell off, frustrated with their experience. I can't say I blame them. Regal, like pretty much every lending platform (including Davor), has terrible communication and support. The only way I know anything about Regal's plans is because I follow a few team members on Facebook.

If Regal wants to turn things around, they should spend more money hiring support, be more responsive, and do a better job of communicating what they're doing, what they've got planned. And of course, the number one thing they need is an internal exchange. I was fearful that the price of REC would be less than a dollar by the time they got the internal exchange working, and now it's looking like an inevitability.

Regal has to earn back trust. That's not an easy thing to do. But I also have to say that I've personally not had a problem with Regal, and compared to most lending platforms, Regal has been better than the others except for Bitconnect and Davor. Credence was a straight-up scam. So was Bitpetite. Hextra looked good for awhile, but their recent problems scare me. Same with Westerncoin. Despite Regal's problems, they haven't pulled the plug on their servers, unlike Hextra. When Regal was fighting off hacking attacks in its early stages, they locked accounts to protect them. Which one is worse when dealing with hackers: locking accounts, or taking the entire site offline? Regal did the former, Hextra did the latter. It sucks for the accounts that were locked, but if I had to choose which one of the two actions is preferable, I would say Regal handled the situation better than Hextra.

But Regal needs to step up its game. Like I said before, it's simply inexcusable to not have an internal exchange at this point.

My God you are delusional.

Youve lost most of your money.

You are riding fast train to 1 Satochi.

Theyve locked up the few worthless shitcoins you had.

You believe an Internal Exchange where the devs come in magically from their vacation and use their money that they scammed you out of...to manipulate the market and prop up the price for you?

RegalCoin is the New Coke to Bitconnects Coke Classic: all your money went to the SAME PEOPLE.

You are an abject failure in life.

Everyone is making money hand over fist in projects that are building things, while you keep finding excuses for guys whos names you dont know who ripped you off.

Do you really think anonymous people are allowed to issue Visa cards?

What a gullible rube you are.

You are losing it all and writing novels excusing the fucks who took your money.

Reading your posts is highly entertaining as ETH hits $1000.