Well, seems like we need to comment here because you dont have the stomach to answer us on youtube.. You just delete our comments...

I would REALLY love to hear how our "scam" would work? How we could steal our communitys coins even if we wanted? Our staking is DECENTRALIZED, staking is done from your OWN wallet, nothing is sent to our staking platform... Im totally open to critisism, like the one you gave on FB, totally right and deserved.... Rest is just FUD, wrong info and badly done research.


"I’ve been asked about this project a lot, here’s my take on it."...
Is that how you treat you community? When they ask you do dig on something, best you can do is like comparing stock images on webpages? Come on, doesn't your 68k followers deserve real facts, real info, not just FUD you throw out of your head?... i KNOW you asked info about us from atleast 2 different people before doing this stream, you used like nothing they gave you 😄

Some facts that YOU KNEW but didnt point out, does it get more views when you basically lie (not use the info you have) to your followers?:

1. Our staking is done Decentralized, nothing like BCC or other scams that required you to send coins to them, our staking is done from your OWN wallet.
2. All interest comes from mining, blocksize is 13.5, 3.24 goes to staking pools, 10,26 goes to miners
3. Our trading volume is down because bitfinex, tradesatoshi and hitbtc wallets have been closed for +2 months. We asked them to close them when we got double spend attacked, we forked on Sept 7th and they are all supporting our fork and opening the wallets... Exchanges just are slow like always. stocks.exchange we got 2 days ago because we wanted to give some place to trade to our community. Yea its small and most likely wont get like any volume but atleast we tried.

If anyone wants any REAL info or have questions they want answers, join our discord or telegram and you will get them. We are 100% transparent, everything we tell is super easy to confirm
https://t.me/bitcoininterest
https://forum.bitcoininterest.io/

Here's the accumulation of my research and 2c on Bitcoin Interest for anyone interested

https://www.youtube.com/watch?v=dOfD0GvQE4w
https://i.imgur.com/xBZKmiTl.jpg

I don't usually comment on these things, but I was looking into this one for forum ads, and I had some thoughts on the interest mechanic. It's potentially an interesting and fun idea, though I suspect that it will not be useful in any wider sense.

The interest pool concept is extremely similar to the bond auctions done by ~all fiat central banks constantly in order to affect interest and inflation rates. Generally you'd expect the issuance of bonds to promote deflation in the short-term while creating money (and therefore inflation) in the longer-term. But I think that these effects come mainly from changes in policy rather than the policy itself, and so I don't think that the fixed-total-coupon pools in BCI will have any effect on inflation/deflation beyond the obvious effect of the subsidy itself, especially since money does not actually get tied up in BCI pools.

Since BCI in pools is not really tied up, there's no reason whatsoever for people not to pool-deposit their BCI as much as possible. Combined with the fixed total-coupon supply, I'd expect very low interest rates which do not really reflect the time-value of money in any meaningful way.

I think it'd be far more interesting (though IMO still inferior to BTC) if:

 - Money in pools was actually tied up. Then interest rates would legitimately reflect the time-value of money to some extent, and deflation might be encouraged.
 - The amount of BCI created for the interest pools and pool duration was adjusted by a "central bank" (maybe actually a PoS vote or something) with the goal of maintaining somewhat steady prices, similar to fiat central banks. This would be especially interesting because mainstream economists would find such a system far more attractive than inflexibly-deflationary cryptocurrencies like BTC; it could be seen as a test of economic theories.

(Note: I see various other technical problems with BCI, I do not agree with ever naming an altcoin "Bitcoin _____", and I do not plan on buying any BCI.)

Taylor,

that is a great question. If you are using the bitcoin core wallet, then yes you can just use your wallet.dat file and you will immediately receive your BCI once the chain syncs. Another way is if you know your private key, you can import that to the wallet also through the console. It is very easy and I will post some instructions very soon on how to do that.

Also good on you for doing your own research and not listening to others. Unfortunately anytime something new comes about, people can feel threatened and feel the need to try and undermine, when in reality all they are doing is making themselves look worse. I appreciate the support and the questions. Have a nice day.

-Aaron

This is Aaron, I am in charge of Development for this project. I am making a very clear statement that this is not our GitHub. All our devs are paid, and working very hard on this project. Unfortunately some people feel threatened by our project and are trying to spread some false information, we could stoop to their level and name names, but just know this anything official will come from our site period.

We will make announcements through our official channels. Also go look at that GitHub, the website is BCI.Ninja and email is sysadmin@bcininja.com. That user is brand new. It doesn't take a genius to realize that is a bunch of garbage.

I will be happy to answer questions on any kind of development, concerns, suggestions, etc. Also please ignore the minex posters. They are coming here with the sole purpose of spreading lies and deceit.

We just recently announced Okex has agreed to support the fork and they are number 6 I believe on Coinmarket cap. We are going after legit exchanges and following all proper procedures to validate our fork and let people know this is real. Source will be released before fork, and people can review it and see that everything we have stated is true. There is nothing hidden and wallets will be safe and secure.

Once 22nd happens a testnet will be made available and people can see for themselves. Again do some research, trust the website and OFFICIAL channels, not some keyboard warrior just randomly posting things on here. Also I will chime in and read comments and answers questions as often as I can.

Thanks,
Aaron
BCI Lead Developer

Hey everyone going to be releasing Wallet information this weekend and allowing people to signup for a wallet to help on pre-sale day. So stay tuned for links and what not.

**EDIT**
Wallet system will work similar to most online wallets, but we will have support on stand by for any help needed.
Also other system functions off the platform will either be hidden, or disabled for obvious reasons.

Thanks,
Aaron

Yes we do have a more in-depth video coming out. Stay tuned!

BOUNTY PROGRAM HAS BEGUN
We are going to begin bounty programs for two things:
Advertising
&
Translations.
We would like any and all submissions and try to submit them to https://bitcointalk.org/index.php?topic=2044176.80
We would like another bitcointalk thread for translations however.
Advertisers who make a solid impact will also get bonus SFX during ICO Sale.
We are looking for people to partner in with advertising.
We will do payout either in the middle or at the end of the pre-sale.

Advertising Consist of: Reviews, Website Post, Facebook Post, and other forms of social media. ALL POST must remain up until ICO pre-sale.

These users have claimed translations. Please post that you are making translations if you accept the terms. You have 48 hours to reply, or spot is freed up:
Haxllega - German
Da10ge - Filipino
B47PYWK4 - Russian, Ukrainian, French, Chinese
Turkoin - Turkey
freemind1 - Spanish
iandoZ - Italian

This is a great question. Here is what I can tell you.

First off we have a referral program that can get you an extra 100 coins EVERY time someone uses it.

During presale and the ICO, purchases can receive extra tokens up to a certain limit. We are setting a cap of 10 million tokens to be sold during the presale. During this time, all purchases will be given 30% more tokens. Once the ICO starts, the bonus structure will change to the following:

Phase 1 of the ICO will offer 20% more tokens on purchases on the first 5 million tokens. This is outside of the tokens sold during the presale.
Phase 2 of the ICO will offer 10% more tokens on purchases on the next 10 million tokens.
Phase 3 of the ICO will offer no bonus tokens and a flat exchange rate of 1000 tokens per Ethereum is set.

You can learn more too at http://www.soferox.com/ico/

Thanks,
Aaron