Bitcoin Forum

General Introduction of BitConnect coin
BitConnect coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.

BitConnect coin can be bought and sold both online and offline. However, the most popular way is to exchange them on crypto currency sites where you can buy, sell or exchange BitConnect coin for another digital currency or fiat money.

Initial Coin Offering
The ICO will run for approximately 46 days beginning November 15, 2016 at 11:00:00 GMT and ending on December 31, 2016 at 17:00:00 GMT. After successful BitConnect coin ICO, BitConnect will release the BitConnect coins to the Bittrex and to users who bought coins from BitConnect directly, and open the market for trading.


This pre-sale will be hosted by the Bittrex exchange, one of the largest cryptocurrency exchanges in the USA and by the Bitconnect itself.

A maximum of 4.8 million BCC (BitConnect Coin) will be sold in the ICO, representing approximately 17% of total BCC (28 million BCC). Remaining BitConnect coin will be issued by Pow/PoS block reward.



Bitconnect Coin Specification

• Coin Algorithm Script (PoW/PoS)
• Coin Abbreviation : BCC
• Maximum Coin Supply : 28 Million
• Coin base maturity : 50 blocks
• Total PoW block : 262800
• PoW block reward : 10 BCC
• Block Spacing : 2mintus
• Minimum Stake Age : 15 Days
• Maximum Stake Age : 90 Days

Github : https://github.com/bitconnectcoin/bitconnectcoin/blob/master/README.md (https://github.com/bitconnectcoin/bitconnectcoin/blob/master/README.md)

Bitconnect Coin Distribution

• Currencies used : Bitcoin
• Total Pre-sale : 4.8 Million (After pre-sale of premined 4.8 million BitConnect coin, PoW/PoS algorithm will work to issue new coins to BitConnect coin miners and BitConnect coin holders.)
• Pre-sale at Exchange site : 2.4 Million
• Pre-sale at BitConnect : 2.4 Million

The Bitconnect Coin will be tradeable on Bittrex and poloniex following the pre-sale.

• November 15th to November 25th – 1400 Coins per BTC (40% Bonus)
• November 26st to December 5th – 1300 Coins per BTC (30% Bonus)
• December 6th to December 15th – 1200 Coins per BTC (20% Bonus)
• December 16th to December 25th – 1100 Coins per BTC (10% Bonus)
• December 26th Onwards – 1000 Coins per BTC (0% Bonus)

Important Note
Any coins not sold by the end of the 46-day ICO period, including bittrex, will be held by BitConnect and their uses will be as follows:

• Technology Build, Maintenance, Upgrades
• Marketing, Community Development
• Bounties & Incentives
• Holding for future development

Within 5 days of a successful ICO, BitConnect will release the BitConnect coins to the Bittrex and to users who bought coins from BitConnect directly, and open the market for trading.

How are they used?
The BitConnect coins are used by bitconnect community members for bitconnect services and to store and invest the wealth in a non-government controlled currency. The BitConnect coins will also be used  as payment system on number of BitConnect partner websites.

https://i.imgur.com/ywTPlB3.png

How are they produced?
BitConnect coin uses a special algorithm called the POW/POS to secure the BitConnect Coin network. The moment you acquire BitConnect Coin it becomes an interest bearing asset with 120% return per year through PoS minting. All you have to do to earn with this method is to hold coins in your Bitconnect-QT wallet. In addition to PoS minting, BitConnect coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does.

Bounties
For Signature Campaign Bounties-https://bitcointalk.org/index.php?topic=1692930.0 (https://bitcointalk.org/index.php?topic=1692930.0)
For Translation Bounties-https://bitcointalk.org/index.php?topic=1700419.0 (https://bitcointalk.org/index.php?topic=1700419.0)
For Twitter Campaign Bounties-https://bitcointalk.org/index.php?topic=1706046.new#new (https://bitcointalk.org/index.php?topic=1706046.new#new)

escrow ico?

>BitConnect boasts anyone with BitConnect coin in their “wallet,” will receive interest on their balance in return for helping maintain a security of the network.<

Are you selling POS in an ICO?

What is that innovation ?

Why create a new thread  while some questions are not answered in the main thread  ???
avoiding some of the questions make people berpresepsi bad about this project

dev made two thread for same coin? why?

this has like ALL the signs of a scam just so people know.

plus , with 120% interest its going to not only have fork troubles, but sink to 1 satoshi (if that) 2 days after exchange.

NOPE, Sorry, please DONT try again! ;p

No we will not sell POS coin, we will be sell premined coin.

I am http://bitconnect.co/ (http://bitconnect.co/) promoter.I have get news of bitconnect coin from here: https://bitconnectcoin.co/press-release/70/The-Future-of-Bitcoin-Investors-set-for-Bitconnects-November-launch (https://bitconnectcoin.co/press-release/70/The-Future-of-Bitcoin-Investors-set-for-Bitconnects-November-launch)

when ever official bitconnect coin ICO release/post forum of coin specification or other information .i have updated all those things in my post

Thanks

That can become the suspicious reason if this shit coin is trying for avoiding some question at the previous thread. I may imagine if this is  are pure the shit coin.
It's showing his credibility.

The moment you acquire BitConnect Coin it becomes an interest bearing asset with 120% return per year through PoS minting. All you have to do to earn with this method is to hold coins in your Bitconnect-QT wallet. In addition to PoS minting, BitConnect coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does.

I got this info at github. Thats quite interesting, but still no wallets released. Waiting for wallet release.

Any free coins?

And bountyes???? there is some???

Yesterday was the start ICO Bitconnect Coin. On the website I see the countdown ICO end period. Can I see the total investment in BTC on the website?

sorry we can not specify total investment in BTC on website.

Dear  Raxitto,
What kind of service will you provide? 

@szachta  Bitconnect don't offer free coin, although you can aquire free coin by referring new members to the BitConnect coin community. You will have 5% referring bonus BitConnect coin if your referral buy some coins. You can also get mining reward if you start miner after ICO completed.

thank you for visiting at Github. bitconnect team will release BitConnect Coin wallet after days of successfull ICO...
with proper documentation of working BitConnect wallet, block explorer and mining detail.

@CjMapope, will you give me a details, which sign  do you like scam?

When the mining POW phase starting?

Bitconnect will publish mining setup document after succesfully ICO of bitconnect coin

I'm waiting for Bittrex confirmation that they are accepting this coin in their trading flatform
til I see this,this coin is nothing but an ICO site which offer nothing to offer in the crypto currency industry,no innovation,no outstanding features, nothing at all that deserves second look.

The Ico campaign is very weak and vague compare to what Bash and Ebitz is offering,roadmap is not outstanding just like all who earlier commented here,nothing here that will excite or interesting that make us invest ..

I'm dubious about the claim it will be tradeable on poloniex following the pre-sale. You can't pay to get a coin on poloniex, and it only adds coins that are likely to be lucrative for it. It can take months after a good innovative coin starts before poloniex adds it. An ordinary clone coin has little or no chance of getting added.

      BitConnect coin uses a special algorithm called the POW/POS to secure the BitConnect Coin network.
      BitConnect Coin in their wallet will receive interest on their balance in return for helping maintain security of the network.
      BitConnect coin can be mined with CPU/GPU and does not need an ASIC miner like Bitcoin does. It is a more energy efficient crypto currency compared to others
      A new digital currency designed for scale-ability, speed and lightening fast transactions with highest network security.
      Maximum Coin Supply : 28 Million
      Total PoW block : 262800
      PoW block reward : 10 BCC
      Block Spacing : 2 mintus
      Minimum Stake Age : 15 Days
      Maximum Stake Age : 90 Days
      

Hello, @JeffBrad12, This is not the shit coin but BitConnect Coin. As for your kind information BitConnect is fastest developing crypto community and they have launched the ICO. You soon will have working wallet and source code to review. The BitConnect coin will be valuable investment because the maximum coin supply limited to 28Million only. If you have any question, you can ask freely.

Intresting Project of BitConnect Coin

The ICO will run for approximately 46 days beginning November
Only36 days remaining to  ICO end.
Visit BitConnect Community website-https://bitconnect.co/ (https://bitconnect.co/)
BitConnect Coin website-https://bitconnectcoin.co/ (https://bitconnectcoin.co/)

Nothing special on the coin features,no innovation,it's work like the other coin we've had here,the one thing that investors are looking for are roadmap,which they fail to deliver,I prefer Icobid,Massnetwork,Bash And Spectrecoin which are holding ICO and these coins has put up a lot of effort on their features and roadmap..

Where is this coin heading,what would make traders and investors compelled to buy this coin,all the coin set up and algo of this coin can be found on the other coin,nothing especial here in fact compare to other coin might as well invest on a more stable coin.

hi dev,
OK, and who are the other members of the team?

@freebtc4e
The other members are the same as working team of Community website (www.bitconnect.co).

The Greek translation is complete and posted here

https://bitcointalk.org/index.php?topic=1704869.msg17087101#msg17087101

and here

http://bitcoingarden.tk/forum/index.php?topic=11565.msg130281#msg130281

Enjoy!