Any update of the escrow of this ICO?
it does look like its going to receive amounts of BTC while not being escrowed, this is something to worry because again there are tons of things that can happen which again a lot of people will lose btc in the end.
BitConnect is not new service, as the main site www.bitconnect.co is operating since more than 10 months and has many members trusting BitConnect for it service. We will soon launch the web and desktop wallet for members. More than 10 months? Cool, but I never heard bitconnect site before, what business did you do for 10 months, and OP was created recently, not more than 10 months. Want to know more information, thanks Before it announced the ICO here, Bitconnect was a small trading platform and lending service where you can have some interest from it. At first, I thought it was likely a scammer but now I have changed my mine because their projects are real and they have put many efforts in developing the Bitconnect system and bitconnectcoin. Proofs of bitconnect is a trading platform and lending service? I think scam too because OP is too plain, but if your proofs are legit, bitconnect will be a big project Does the Dev have any response to the scam accusations? (or atleast the posts directly before this one). Dev please speak up.  BitConnect already running more than 10 months and have more than 50,000 happy members. They knows bitconnect is trusted platform, if you really wanted to know bitconnect services then read the bitconnect learning center and try yourself investing some bucks. bitconnect community website- https://bitconnect.co/ |
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OP is claiming "We use different deposit address for investors who buy ICO coins, there is not a single deposit address in use to deposit BTC" yet, on the page " https://bitconnect.co/user/coin" there is one address posted for all investors to send to. Even if there WERE multiple dep. addresses, you'd still be able to provide proof, at least of high btc transactions/"investments". If we update the deposit address, how you can verify that this is correct address or fake? try to buy some coins from ICO site and check yourself that the statistic on the website is real time. |
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Im very interested in investing in Bitconnect. I'd also like to invest during thier promo for extra BCC (BitConnect coin) but I am having something in the back of my mind still kind of, hitting the breaks on going though with this.
Are there any other threads here on bitcointalk.org having dicussions about BitConnect? Any opinions from people knowledgeable in the crypto world?
the fact that they hold and lock your investment for 299 days ($100 - $1000) seems odd to me.
Anyone else with concerns?
Yes the other thread is for BitConnect lending platform where investors lend their bitcoins and earn daily interest based on BitConnect trading bot. BCC (BitConnect Coin) is different investment where you acquire it and sell it on high price on exchange platform. Holding BitConnect coin on your BitConnect QT wallet will gives you earn interest on your holding if you hold BitConnect coin for more than 15 days in your QT wallet. |
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Any update of the escrow of this ICO?
it does look like its going to receive amounts of BTC while not being escrowed, this is something to worry because again there are tons of things that can happen which again a lot of people will lose btc in the end.
BitConnect is not new service, as the main site www.bitconnect.co is operating since more than 10 months and has many members trusting BitConnect for it service. We will soon launch the web and desktop wallet for members. |
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15 days is a long time for min stake. I dont understand this.
Good catch, actually 15 days mature time is too long, maybe devs have some special thinking on the specs, OP could you answer our questions? Most pos coins meed 100 blocks for mature 15 days is not a long time, actually we wanted to give out staking interest to genuine coin holders thats why minimum staking age set to 15 days. BitConnect coin not only working POS algorithm, it also uses POW algorithm to secure the network. We set coinbase maturity to 50 blocks. |
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So, you cannot provide any proof as to whether you have actually collected all those BTC.
You ain't gonna get listed on Poloniex.
Bittrex has already told you to do one.
No escrow.
Now you're saying you will build your own platform.
Yeah..............
Computer says NOOOOOOOOOOO
we can list the coin on our own platform if we require to do so. You will see proof once we distribute the BitConnect coin to users who already bought. You can verify on block explorer once we distribute pre-mined coin. |
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I will ask again.
Is there any public address where we can check that these BTCs have indeed been collected.
Also is there already an agreement in place for it to be traded on Poloniex as Bitconnect is claiming?
The dev should show us the public address so we'll know if these bitcoin deposits are real for transparency sake ,I'm sure the dev will and can show us these public address,and about Bittrex it will be taken care off,once the roadmap and the wallet are presented. I agree the funds should be public view-able, I am unsure how any coin can say its going to be traded on Pol etc. Unless this team is going to throw some mega BTC out there. and if they are they should be showing confidence in there project and paying polo etc up front and public before release. Any dev team who promises polo is lying and anyone who's been here a year or two knows it. We aint stupid! We use different deposit address for investors who buy ICO coins, there is not a single deposit address in use to deposit BTC. As now Bittrex not hosting the ICO, BitConnect itself host the complete ICO. |
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I will ask again.
Is there any public address where we can check that these BTCs have indeed been collected.
Also is there already an agreement in place for it to be traded on Poloniex as Bitconnect is claiming?
We use different deposit address for investors who buy ICO coins, there is not a sigle deposit address in use to deposit BTC. We have already contacted them to include the coin on poloniex platform, waiting for their answers, if then not able to list BitConnect coin on their platform, we will list on our own platform which is under developement. |
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It says on the website that there is a 120% return on the coins held in a wallet every year. It is supposed to be 20% return or is 120% correct?
yes 120% return per year is correct. BitConnect Coin it becomes an interest bearing asset with 120% return per year through PoS minting. Visit here- https://github.com/bitconnectcoin/bitconnectcoin/blob/master/README.md |
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BITCONNECT COIN ICO APPROACHES 1000 BTC RAISED DURING PRESALE The ICO for the innovative BitConnect coin is heading towards the end of 2017 with a head of steam, generating great interest and market invetsment. Over 1 million BitConnect coins have already been purchased, with early adopters gaining up to 40% bonuses, as people are gaining over 1000 BCC per BTC. The pre-sale has maintained solid market demand as it nears its first trasnition at the end of 2016. December 31st marks the end of the pre-sale phase, where BCC adopters will gain the most market value at time of purchase. During the first quarter of 2017, the launch of the BitConnect Main Net Web Wallet & Desktop Client will be initiated. This new Full-node software is openly Distributed with a new Desktop client for mining and staking the BitConnect Coin with proper guidance. The web wallet will be made available for coin holders to conveniently send and exchange BitConnect Coin to their desired trading platform. 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. With the BitConnect coin, users can expect a new level of empowerment through an open source platform connecting users socially and financially to a secure protected community of investors and lenders. BCC owners can also connect with your community and increase your wallet when coin price increase exponentially, allowing you to gain interest. Later in 2017, the BitConnect Coin will see more innovations and convenienmce features added such as the BCC Mining and Staking Pool Launch, providing a way for the community to earn, a BitConnect Coin reward with mining & minting, plus a new mobile wallet app & paper wallet. BitConnect coin will also gain its own “ Smart Card” in 2017, bringing all of the everyday usability you demand in a digital currency. BitConnect has become simply the world’s fastest growing online Bitcoin community, rising from a concept in Q1 of 2016 to a top 80k website on Alexa. For more information on the BitConnect ICO, go to https://bitconnectcoin.co/
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Hi guys I was wondering how many BTC collected so far,I see on ICO site 22 days left ICO ended..Still have a chance to invest at least..But idk who Escrow this ICO  BitConnect raised already 735 BTC. BitConnect itself host the ICO. We already have established platfom www.bitconnect.co and all bitconnect members trust in the platform. We wanted to provide third party escrow on Bittrex platform but as we already started the ICO, Bittrex denied hosting the escrow on their site due to their policy. |
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Because the projet doesn't need such a campaign for now, check the ICO, there is a huge amount gathered, and i believe the team will do a great work on it.
This coin have a community, so once you check ICO and the community you can easily notice that it is useless for them to waist time on a facebook campaign at this stage of ICO. The most important now i think, would be to emphasis the community, prepare for the development, and the roadmap.
I believe this project have a bright future.
Facebook advertisement is never a waste of time,you check your data and stats,the dev do not want to launch a facebook or other social campaign because,they are not here long term ? any product or service developers will want to cover as much as large territory as possible and mind you facebook is the number one site in the internet.. Facebook is indeed one of the better social media platforms when it comes to getting your product/project advertised. No doubt about that. If you look at how large certain crypto related Facebook groups are, and how active, then it won't take much time before you realize how effective advertising on Facebook really can be. Every serious project is making use of all the well known social media platforms to put their product into an as big as possible market. That's how it works. Bitconnect Coin facebook campaign also will start soon... Will update here when facebook campaign start. |
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Bitconnect Coin ICO OngoingBonus Changes Today-5th of December
Last Few Hour Left to get 30% Bonus.Visit here- https://bitconnectcoin.co/
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So far you are doing a good job,so just keep up,keep answering all questions,especially from the trolls they might have something that potential investors are looking and needs to address ,keep coming back here this is where all potentials investors are looking if they want new coin to invest..
An active devs you mean. Obviously it's one of the factor that long term investors want to a crypto, a continous update and quick response. But what if the answer is obvious to some of the troll questions? For investors they should take a look at the brighter side of the coin and not just because some questions by troll are being ignored. Looking forward for a success for this ICO. We are happy to answer all genuine question about the project. If we doesn't answer immediately it doesn't mean that we are ignoring them. There are many things going on our side as time passes we are happy to update required information. |
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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 I see this coin as a great investment opportunity bearing 10% interest every month without lifting a finger, @ dev can you explain better how this can be achieved because i will like to invest here if the road map or explanations is clear enough.
Roadmap of Bitconnect Coin is here- https://bitconnectcoin.co/roadmap |
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