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Showing 5 of 5 results by Xair
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Board Tokens (Altcoins)
Re: [ANN] Your Vote Matters (YVM) - Token with strategy driven by holders
by
Xair
on 24/01/2019, 14:21:17 UTC
Holder driven market is a very interesting concept...  Shocked

Any estimates on an ICO / listing timeline?
Post
Topic
Board Tokens (Altcoins)
Re: [ANN] Secured Notes Token
by
Xair
on 14/10/2018, 20:42:06 UTC
Any news about Yobit listng, DEV?

Hopefully some update this coming week Smiley
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
Xair
on 06/01/2018, 22:25:03 UTC
Guys, who to write to? The support is silent for a month! I lost access to my account in 2FA, I want to restore via support, silence ..

Did you email them from the account which was used to open your lost Bitconnect account?
Honestly though I doubt they will be able to restore access, since Authenticator is your responsibility, how did you lose the key for it anyways? Sad
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
Xair
on 29/12/2017, 02:10:28 UTC
Well any company can exit scam to an extent I guess, but no one can really know what the people behind the scenes are going to do
My post was aimed at all the random shite I’ve read as to why the business model is or has to be a scam
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
Xair
on 28/12/2017, 23:59:39 UTC
Honestly some of the theories and comments I've seen about bitconnect make me feel as if I'm on one of those ridiculous youtube channels about the earth being flat or some shite Cry

Trading via a Forex broker in crypto markets can be very profitable, especially if brave enough to trade with high leverage :O, but you can lose a ton just as easily. Quite a few guys run 24/7 channels of this even to help traders out and such.
Bitconnect basically offers people the option to put in X amount of dollars for a fixed period (Not loan xxx of whatever coin), saying their bot will trade in these forex markets at that value, and give you a portion of the profits made on a daily basis (avg over time is about 25% of the days profit from what I understand), but also that you will not lose anything on days that they make a loss or stay neutral.
Its a simple concept in theory, and makes sense to me how it will benefit both parties if done right, but all I seem to see is that this must be a Ponzi model, and they're riding on bitcoin to pay out... sigh

Then I've seen all this talk about BCC price, and how it is somehow related to how they are actually able to pay people out and such... Its a currency that is interest bearing and allows transactions to take place from BCC to fixed $ amounts for loans and fixed $ amounts to BCC again for payouts, the price is determined by the exchange of BCC/BTC when money goes in/out of the platform jeez. Binance uses Binance coin in a similar manner on their platform, but to allow easy buying of diff coins and also big reductions in fees to their users etc

I was skeptic as hell when I first heard of them, then I looked into everything I could find regarding the concept and all parts of the operations.
What they're aiming towards developing is really something that would be great to have in terms of services to use in the crypto economy, just wish people would actually look into it instead of randomly bashing on it, while having only small parts of the info about it

Anyways, just felt like ranting about that somewhere haha