Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
Crestington
on 27/01/2018, 21:36:29 UTC
Want to know something funny?

Staking yield was much better than the lending platform.

Min age is 15 day, max age is 30 days compounding at 10% a month the first 6 months and 8% the second 6 months.

That would have given you 3.4x the amount of coins in 1 year.

Let's say you bought 1000 coins at $1, staked them, and sold them at $400 (9 month period), that is about 3x the amount.

You would have made approximately $1.2 million

If you had bought $1000 worth and put it in the lending platform during the same 9 month period.

You would have approximately $14,000

Technically speaking, the lending platform was actually on par or even slightly less at times than the appreciation of just hodling BTC.