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Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Update:
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Can you prove that you are in any way affiliated with BitConnect?
Are you saying that for every BCC I send you (currently worth $3.15) you will send me 45.22 BCC tokens back (worth 3.15 * 45.22 = $142.47)?
What if I then send you the 45.22 BCC back again. Will you multiply them by 45.22 again for me? How many times will you do that?
Could we save ourselves some time and you just send me all the BCC you have right now?
Thanks.
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
All that happens is that they may have to pay more coins instead of less for the interest and capital release. They don't lose money as these coins are free to them and they have a large reserve (which they never even needed to use). The problem when the coin value doesn't rise enough (they can obviously adjust interest rates) is that it will cause inflation.
You're on the right track. When the price of their token starts going down, the company has to pay out more of the token to achieve the desired USD value. This causes the price to drop faster, which causes them to have to pay out even more of the token, and so on in a vicious circle until the token is worth very little and the company runs out of its reserves.
Your use of the term "inflation" is a little confusing, but I guess you're talking here about price inflation rather than monetary inflation. What you call "inflation" is presumably the same as what I mean when I say the price of their token falls.
It's not a problem if at times it isn't deflationary as they don't actually lose any profits. Do you understand now why it's a good model as it prevents the company from dumping the coins as if they did that it means they have to pay more coins for the same amount of daily interest?
Once the price enters its death spiral it will tend to stay in it until it hits the floor. That's why this isn't a good model. They're promising to generate steady USD returns while not having any source of income with which to actually back up that promise other than interest from new suckers buying in. The use of an intermediate token to obfuscate what is happening was clever, but doesn't change the fact that there's no real activity generating the promised returns. While the token price goes up they can pay their promised returns and when it falls they quickly find that they can't.
You make statements such as 'death spiral' as if you definitely know what was going on with bitconnect. The evidence was there to be seen. There was no death spiral, just they didn't want to get into legal issues. The day after the Cease and Desists they had some sign in question about where customers were from and blocked new loans for people in those states but allowed people to carry on receiving interest. They had told their promoters to stop promoting for weeks too before they closed the lending. However, did you see that their price was not going down? It was still near its recent $300 all time high and was even higher than this for a while (even the 14 day average was 20% higher).
Remember that this interest was easy for them to pay since most of the BCC in the lending was always locked up and the interest they did pay was far less than they could have paid. They used the massive profits to market the coin and even created lots of music videos to promote it. Even if the price was falling (which it wasn't) it would never actually inflate the circulating supply for a long time as it took about 300 days for lenders to get their capital back and about 3 months even at 1% per day to even get back the same number of coins they put in lending (assuming the price didn't go up at all in those three months, which we all know it did). There was no real way the model could fail without people who didn't understand it complaining to authorities.
I just checked the graph again and it only reached $300 2 months before it closed and $200 was the all time high 3 months before it closed. It also had peaks of around $450 so was nowhere near any death spiral. Even when bitcoin fell from $20k to $12k in a few days around 18th December, BCC went from $450 to $220 but then went back to over $400 almost immediately despite bitcoin being worth around $15k (still a 25% fall for bitcoin but not BCC). Bitcoin then went from $15k to around $10k in the few days before bitconnect closed the lending, but the BCC coin was still in no trouble in the $200 to $300 range (which were recent all time highs only reached in the previous three months). Obviously the bad press wouldn't have helped but they were doing at least as well as bitcoin.
so why the F did they shut it down then?
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Our monitoring systems show that BCC daemons are not stable now. Either BCC network is highly loaded or our servers are overloaded. We are handling it right now and your coins are safe. However, proceeding with withdrawal right now could lead to your transaction being delayed or stuck, until we manually process it, which in the worst case can take up to 4 weeks.
We apologise for any inconvenience caused.
Perform a withdrawal anyway?
We apologise for any inconvenience caused.
Perform a withdrawal anyway?
I did a week ago ignoring this announcement - it took a few days for the coins to arrive at destination
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
$5 LOL
But still up 3000% from ICO price of .17
But still up 3000% from ICO price of .17
So, all a BCC Investard has to do to lock in such a wonderful ROI is to sell off their BCC ASAP after merely requesting BitConnect to return their BCC to a wallet address in the Investard's control and they'll be golden. Please point out any errors in my logic.
I had BCC in my wallet when they came back 2 weeks ago, they priced it at 358 and i by the time I saw that it was $55 then when I sent to Coinex it dropped more and I sold for $18, better than nothing
The point is BCC ran over 1 year and the early people made money, the late comers did not.
Unless something happend the last 2 weeks I dont know about, they gave everyone capital release and some didnt take their coins out.
HODLing in its genuine sense
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Hello, dear members of bitcointalk forum. All of those who are suffering from grievous wrong situation that happened during last night with bitconnect, now has a chance of getting most of their investment back. Bitconnect(BCC) has officially stopped lending platform, released loans at terrible BCCUSD rate(that is calculated based on 15 days averages, exactly before big BTC correction), and halted internal exchange. Official statement of Bitconnect that is found on WEB(find here: https://bitconnect.co/system-news/94/changes-coming-for-the-bitconnect-system-halt-of-lending-and-exchange-platform):
https://imghost.io/images/2018/01/17/image.png
That should have happene, sooner or later guys..... i feel very sad for all of you.... very.....
For known reasons, i cannot expose my identity to public. I was working for BitConnect company since it's first day, early at 2017, when price after ICO was around 0.11 cents $. There has been a huge amount of events, difficulties and success on BCC's way. But since the very first of the beginning i was unsure in one and only person, and that is Trevon James. There were more than 5 attempts to stop BCC system, all of them coming from James' mind. Right now, he finally did what he wanted to. Selected very good time frame to calculate average of last 15 days BCC price and leave community members with nothing. Current exchange price is dropping enormously, and was below 10$ already, almost 5$. The only one buying right now is traders that either don't know situation or just want to speculate over it. I can tell you for 1000000% that BCC is over. It's not going to recover any other day. A lot of money has already been moved away to unknown wallets. Trevon James has given zero chance even for administration members to withdraw their money, all of us, working on BCC, lost their $$$ as well. For me this loss is no more no less, but 350,000!!!!!!!$$$$. I believed in system and has given everything i had.
Current CMC Prices of BCC:
https://imghost.io/images/2018/01/17/CMCPrices.png
Exchanging your BCC at 45-65% rate.
Right now, and during next 4 days(remember official statement of last 5 working days of internal exchange ?) I am capable of exchanging limited amount of BCC investment(BCC coins) at internal exchange rates. Current exchange rates you can see at following image:
https://imghost.io/images/2018/01/17/exchange_prices.png
or check latest prices here: https://bitconnect.co/user/trade?Market=BCC
You will not have to send me your credentials to bitconnect account, neither your BCC coins. If you think i am a scammer, i don't care, right now i am getting dozens of offers to recover BCC, you are free to visit outter exchanges and sell there at lowest prices(3-5% of your investment). Or you can try to recover what in next 4 days will become dust. You can save up to 45-65% of your initial investment.
Also, very important INFORMATION = I am not able to sell all your coins at this rates, only those that are a BODY of investment - an amount of what you've put in the system! Those coins that were exchanged at 363$ last night. All coins from lending system or reinvestment may not be converted(very low chance, you need to contact me for better details and provide me your account name). Let's do the math. 363$/224$ is 62%, that is what you can get back. If you loaned 10,000$ in system, you will recover 6,200$ in BTC equivalent. By exchange BCC this way price will go die, but there are still a lot of BTC in buy orders in book(see screenshot of prices). This is what we are going to use.
Buy orders at internal exchange are settled right now. They are frozen, yes, but it can be exchanged. I will not take more than 30 people for that actions. I will only select best offers, so i can recover some money out of drowning ship. My revenue depends on your investment size.
Loans below 1,000$ - i charge 20% of btc, eth, xmr equivalent.
Loans from 1,001$ to 5,000$ - i charge 15% of btc, eth, xmr equivalent.
Loans from 5,001$ and higher - pays 8% of btc, eth, xmr equivalent.
For more details contact me, and we will discuss. My main motivation is pay back Trevon James and recover the best i can out of that shitty company. I am not sure i will be able to do this for full next 4 days, may be just 1-2 days, so you guys need to hurry. I am not convincing or trying to scam anyone, feel free to skip all given information
and hope for the best.
Anyone that has already exchanged coins at outter exchanges are not allowed for this procedure.
Anyone that has bought coins at outter exchanged are not allowed for this procedure.
Do not waste yours and mine time. Only those members that has not changed anything inside their BCC accounts.
You need to contact me with your investment size, account name, approximate or exact date of your initial investment(loan). Other details may be needed during discussion.
I am only available at next hours GMT+0, 6pm-12pm. You can convert time to your timezone here, for example: https://www.timeanddate.com/worldclock/converter-classic.html. You won't be able to contact me in other hours.
Contacts:
You can reach me out via ICQ[ 729484827 ], Skype[ wowamalyanow1978@mail.ru - Trevon James DIE ], Telegram[ @BCC_Savior ].
be aware of scammers and copy/paste the exact name into Telegram application. Do not use following names: BCCSavior, BCC_Saviour, BCCSaviour, BCC_Savor, BCCSavor, BCCSavur or any other alternatives.
Take care all of you, and hope for the best, friends.
https://imghost.io/images/2018/01/17/image.png
That should have happene, sooner or later guys..... i feel very sad for all of you.... very.....
For known reasons, i cannot expose my identity to public. I was working for BitConnect company since it's first day, early at 2017, when price after ICO was around 0.11 cents $. There has been a huge amount of events, difficulties and success on BCC's way. But since the very first of the beginning i was unsure in one and only person, and that is Trevon James. There were more than 5 attempts to stop BCC system, all of them coming from James' mind. Right now, he finally did what he wanted to. Selected very good time frame to calculate average of last 15 days BCC price and leave community members with nothing. Current exchange price is dropping enormously, and was below 10$ already, almost 5$. The only one buying right now is traders that either don't know situation or just want to speculate over it. I can tell you for 1000000% that BCC is over. It's not going to recover any other day. A lot of money has already been moved away to unknown wallets. Trevon James has given zero chance even for administration members to withdraw their money, all of us, working on BCC, lost their $$$ as well. For me this loss is no more no less, but 350,000!!!!!!!$$$$. I believed in system and has given everything i had.
Current CMC Prices of BCC:
https://imghost.io/images/2018/01/17/CMCPrices.png
Exchanging your BCC at 45-65% rate.
Right now, and during next 4 days(remember official statement of last 5 working days of internal exchange ?) I am capable of exchanging limited amount of BCC investment(BCC coins) at internal exchange rates. Current exchange rates you can see at following image:
https://imghost.io/images/2018/01/17/exchange_prices.png
or check latest prices here: https://bitconnect.co/user/trade?Market=BCC
You will not have to send me your credentials to bitconnect account, neither your BCC coins. If you think i am a scammer, i don't care, right now i am getting dozens of offers to recover BCC, you are free to visit outter exchanges and sell there at lowest prices(3-5% of your investment). Or you can try to recover what in next 4 days will become dust. You can save up to 45-65% of your initial investment.
Also, very important INFORMATION = I am not able to sell all your coins at this rates, only those that are a BODY of investment - an amount of what you've put in the system! Those coins that were exchanged at 363$ last night. All coins from lending system or reinvestment may not be converted(very low chance, you need to contact me for better details and provide me your account name). Let's do the math. 363$/224$ is 62%, that is what you can get back. If you loaned 10,000$ in system, you will recover 6,200$ in BTC equivalent. By exchange BCC this way price will go die, but there are still a lot of BTC in buy orders in book(see screenshot of prices). This is what we are going to use.
Buy orders at internal exchange are settled right now. They are frozen, yes, but it can be exchanged. I will not take more than 30 people for that actions. I will only select best offers, so i can recover some money out of drowning ship. My revenue depends on your investment size.
Loans below 1,000$ - i charge 20% of btc, eth, xmr equivalent.
Loans from 1,001$ to 5,000$ - i charge 15% of btc, eth, xmr equivalent.
Loans from 5,001$ and higher - pays 8% of btc, eth, xmr equivalent.
For more details contact me, and we will discuss. My main motivation is pay back Trevon James and recover the best i can out of that shitty company. I am not sure i will be able to do this for full next 4 days, may be just 1-2 days, so you guys need to hurry. I am not convincing or trying to scam anyone, feel free to skip all given information
and hope for the best.
Anyone that has already exchanged coins at outter exchanges are not allowed for this procedure.
Anyone that has bought coins at outter exchanged are not allowed for this procedure.
Do not waste yours and mine time. Only those members that has not changed anything inside their BCC accounts.
You need to contact me with your investment size, account name, approximate or exact date of your initial investment(loan). Other details may be needed during discussion.
I am only available at next hours GMT+0, 6pm-12pm. You can convert time to your timezone here, for example: https://www.timeanddate.com/worldclock/converter-classic.html. You won't be able to contact me in other hours.
Contacts:
You can reach me out via ICQ[ 729484827 ], Skype[ wowamalyanow1978@mail.ru - Trevon James DIE ], Telegram[ @BCC_Savior ].
be aware of scammers and copy/paste the exact name into Telegram application. Do not use following names: BCCSavior, BCC_Saviour, BCCSaviour, BCC_Savor, BCCSavor, BCCSavur or any other alternatives.
Take care all of you, and hope for the best, friends.
If you used to work there, time to spill the beans dude.
Where was it based?
Who were the main people in charge?
Where are they now?
In what capacity did you work there?
Why are YOU personally able to offer people their money back at exchange rates and not others? Did you make Millions now have some guilt?
FUCK YOU i say.
That's right!
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
wow! just saw decressing bcc price. What happened , guys?
buy the dip!
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Boвa, paccкaжи, кaк ты этo cдeлaeшь?
Hello sir, please use proper language. This is not russian thread. Please use english to curse or whataver you want here. At least, don't make spam!Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Guys just HODL!! It's a healthy correction! It will come up again. i just bought alot more! Can't wait for next month! We going to daa MOOOOOONNNN!!
GENIUS , -95% = healty correction
-100% healthy correction, haha
.But seriously folks , is it possible for Bitconnect to turn around somehow the situation ? the coin is up and rising, look at the charts
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Guys just HODL!! It's a healthy correction! It will come up again. i just bought alot more! Can't wait for next month! We going to daa MOOOOOONNNN!!
I love you man!
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
just succesfully withdraw my BTC from Bitconnect.
Dont sell BCC cheap!!! If you sell now your BCC then you will be fooled twice.
Dont sell BCC cheap!!! If you sell now your BCC then you will be fooled twice.
how did you do this? how were you able to convert BCC into BTC?
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Quote
Due to technical difficulties the BitConnect X ICO will not be open on Jan 16th 2018. You will not be able to login or register on the bitconnectx.co website
Scammers are running away. LOL !!!
in this case why wouldn't they just shut it down and do run away?
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Quote
Due to technical difficulties the BitConnect X ICO will not be open on Jan 16th 2018. You will not be able to login or register on the bitconnectx.co website
Scammers are running away. LOL !!!
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
Exchange is not working and bitconnect ripped so many people off. New chapter .
name one
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
THE FEDS AND SEC. are about to shut bitconnect down permanently.
It's ok, BitConnect have too many users from Asia and Russia to make this event at least a little significant.And don't you forgot about VPN? =)))
VPN is not cosher)))