WEBSITE | DISCORD | EXCHANGE | https://powh.ioOVERVIEWA decentralized economic simulation of an algorithmically governed cryptocurrency in which the taxes on all transactions are autonomously awarded to currency owners instead of a governing body; resulting in a universal passive income based on adoption and transaction volume.
PoWH3D is a fiction-made-real blockchain enforced simulation of self-removal from pareto optimality; an economic concept in which there is no longer a way for an allocation of resources to improve without harming a participant of the model. In this case the harm is intentionally self-imposed due to a lack of patience against other opponents, or as an entry fee to start playing the game.
The result of this experiment in human temperamentality is a mutually beneficial agreement for all other participants in the model based on the decision of others to break pareto optimality by entering, or leaving the contract. The most uniquely expressed benefit is in the form of passive-ethereum income generated by fees imposed on other players liquidating their own positions into, or out of the game. These fees are distributed to token holders as a form of share-based return. The resulting volume-based income adds an expressive third dimension to the standard price/time calculations that are ubiquitous in cryptocurrency today.
FAQ'S1). What is the Powh3D Project?Powh3D is a tokenized three dimensional economy simulation that runs entirely off the Ethereum blockchain via a smart contract. 2). What is a Smart Contract?A Smart contract is a set-in-stone piece of programming language that was submitted to the Ethereum (Eth) network upon launch of our token. The smart contract handles all Eth and tokens autonomously without any form of human input, and its calculations and functions are confirmed across thousands of computers across the world before they are run. 3). Can You edit this game now that it's running? While it's possible to program rules into a smart contract to allow some editing. The only features the developers made editable are the name of the token and the price of the masternode feature. 4). Do Developers have access to the wallet, or funds?*The development team intentionally did not program in a way for them to access the Eth or tokens in this game. It is run entirely 100% autonomously by the code you can read open-source on the smart contract. No humans are allowed to intervene. Period. 5). How is this token run without developer interaction?Generally an ERC20 Token is created through a smart contract with a set supply under developer control then sold through an external ICO to users interested in the currency, most trades and transfers for the token then occur outside of the smart contract, usually on an exchange. P3D Tokens are managed entirely on the smart contract, the purchasing process creates the tokens and puts the funds directly into the contract. The selling process melts those tokens down and returns the funds to the seller directly. Because of the unique way that this process works, the token can function under unique rules not possible on other cryptocurrencies. 6). What unique features does the token have? P3D Tokens operate under a perfect economic simulation in which all transactions (buy/sell/trade) are taxxed 10% automatically. Since the smart-contract operates its own exchange and the token is autonomous, these fees are automatically split up and rewarded to all token holders instead of a centralized governing body. Simply put, each token grants you a stake of 10% of all volume the cryptocurrency experiences. 7). How do I play? Playing Powh3d requires you install metamask. It's an addon for your web browser that makes managing an ETH wallet extremely simple. Follow the instructions it provides very carefully and absolutely make sure you back up your seed key somewhere safe. After that, simply transfer eth into the address metamask gives you as your own account and visit our exchange and hit "Buy". The rest is left to how strong your hands are. 8 ). Was there a pre-Mine? No. The Contract was written to allow the two main developers to be able to purchase 1 ETH worth of P3D upon inception and 20 advisors were allowed to purchase 1 P3D only. You can see the total token distribution here. https://exchange.powh.io/global-statistics9). My Question is not answered here, how can I find out more? Visit our community on our Discord channel which is very active 24/7 with the Developers being online most of the time. You can visit the Discord here https://discord.gg/wfG97KtFurther to that, please note we will not be checking in here regularly, if you have a question please visit us on the Discord and we will happily address any queries you may have.  10). Was there an ICO? No. We currently have over 1,850 ETH in Contracts simply through word of mouth. No money was raised from the General Public and the Developers funded the entire project.
ABOUT THE P3D TOKEN AND CONTRACTToken Type: ERC20 Token Token Name: PoWH3D Token Ticker: P3D Token Contract Address: https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbeToken Exchange: https://exchange.powh.io
FURTHER INFORMATIONSome Unofficial Youtube Videos Explaining PoWH3Dhttps://www.youtube.com/watch?v=IZDph8OQxschttps://www.youtube.com/watch?v=ur4xERIpKQQAlso please keep in mind the following points: This is NOT a lending platform.Everything is Automated via the Smart Contract. You will constantly receive payments which you can then withdraw without penalty or if you so choose to, reinvest. If you have more than 5 P3D tokens in your contract address you are running a Masternode and you can earn by sharing the link for your Masternode if someone uses it to make a purchase. There is no bounties but if someone wishes to translate we would appreciate it. Even if the PoWH3D website was down/hacked/removed you can STILL access your funds using MetaMask and EtherWallet the Youtube Videos below explain this. https://www.youtube.com/watch?v=81ADUCGEpCAhttps://www.youtube.com/watch?v=IZDph8OQxsc - Someone please quote for the Piktochart to display. Thanks. NO HUMANS ALLOWED! |
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My name is AGM76 and I'm a BitConnecter. <applause> I hope that these meetings here at BitConnect Anonymous - BA - helps cure me of my disease. Thank you. <standing ovation> One more thing. I will continue to come here for treatment in spite of knowing that his nonprofit organization is a Ponzi, relying on future members joining so to remain viable. Hahaha I always come here for the entertainment. Bravo Sir! I don't understand  I'm still waiting to see what happens with BitconnectX.....did they really rake in hundreds of millions of dollars in the ICO? P.S. P3D token holder distribution - nobody has more than 2% which is double what I have !! https://etherscan.io/token/tokenholderchart/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe |
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Coinexchange is still trading.. Only a couple of thousand BCC left but they are going for massive prices. Look at some of the latest buys. They are like triple the normal price almost.  Coinmarketcap Data: # Source Pair Volume (24h) Price Volume (%) Updated 1 Trade Satoshi BCC/BTC $6,910 $2.07 75.20% Recently 2 CoinExchange BCC/BTC $2,237 $4.90 24.34% Recently $2.75 USD (36.58%) 0.00030351 BTC (35.22%) |
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Synchronization proublum  HOW MAKE ACTIVATIO WORK ANDSEE PERERS? I UNBLOCK WALET BUT NOT SYNCH MAYBE NEED UPLOAD TO FOLDER c:/ blockchain explorer i use to some 1 Alt coin this help me Some giv me link? or where i download part folder this include blockexporer this bcc coin i interest Seriously? There is a big synchronization problem on bitconnect chain explorer due to the reason that this project is already a scam project and the developers that incharge for the code is already abandoned this shitty project. Don't waste time and money on this scam coin. Sometimes takes a while to synchronize but my wallet is working fine....not staked for ages though. It takes a couple of weeks after getting a stake to get mature coins again lol but normally it comes quickly after that. |
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It's still going well...price above 0.0063...keep withdrawing dividends each day (will prob get about $250 today when I withdraw in a few hours) and the token value also keeps growing as it was only $10k worth 2 days ago when I invested and hopefully ETH will also go up soon.... [I put in $11600 worth of ETH in total but the sell value for the tokens was closer to $10k rather than $16k as it is now as you need to pay 10% fee for buying and also selling which goes to everyone else as dividends] (do not invest, obviously, it's just a game  )   |
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Is it really illegal to promote a 'ponzi scheme'?
Yes. It seems most cryptos should be classed as that.
We have been through this many times. You don't understand what a Ponzi scheme is. Most cryptos are bad investments, but aren't Ponzi schemes. There is one coin out that Trevon says ...
That is offtopic. And why would anyone listen to Trevon after he lead so many people to financial ruin with the BCC scam? I have no clue but I just bought 0.84 ETH worth lol
Since you admit that you have no clue why would you invest in something that Trevon is promoting? How stupid are you? When someone buys the token, the price goes up a percentage and when someone sells it goes down a percentage.
Do you understand that every time someone buys something someone else sells it to them? When A buys the token from B does the price go up or down? A bought it, but B sold it.
Seems you still have no clue.
Haha, the price isn't on any exchange !! It's set in the smart contract (when someone buys from the contract it takes the ETH and creates and gives them tokens and puts the price up, when someone sells from the contract it puts the price down and sends the ETH). I have about 28 ETH worth if I sold now (can withdraw that any time) but I only put about 22 ETH in. This isn't including a few hundred dollars of ETH in dividends I withdraw each day. I don't know the exact formula but how it works is genius. I am obviously not a financial advisor but this now has over 1500 ETH in the contract. As you can probably tell, I've profited a lot already. I'm not sure now how much ETH was in the contract when I bought all my P3D tokens but it was around 400ETH I think. This means that whenever the contract has that amount of ETH in it, the price will always be the same. My average buy price was about 0.004 (the 0.84ETH was at 0.0035 but I put a lot more in later that day) but the buy price is now 0.00593!!! Obviously, when you first buy you can only sell for a 20% loss as there is a 10% fee for all volume transacted. Whenever someone sells or buys this 10% is given out in dividends, so you even win money when everyone is dumping. As long as there is no bug in the code, even if everyone sells it just needs to grow back and reach the same level of ETH in the contract to keep the same profit levels BUT you also get dividends in real ETH for all that selling or buying activity. It will probably just keep going forever up and down etc.... don't know how high it will grow but I'm just cashing out the dividends each day. If ETH doubles (it was over double what it is now a few weeks back) that will also double the value too obviously. https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbe#readContract If you go there you can see the buy price at the bottom (you have to add a couple of zeros and a decimal point) P.S. THERE ARE NO WHALES IN THIS YET!! EVEN THE DEVS ONLY HAVE 2 PERCENT OF THE TOKENS EACH THAT THEY BOUGHT AND NOBODY HAS MORE THAN 4%. I have 1% of them too. So this is zero-sum and much fairer than BTC due to the distribution PLUS you also get free 'dividends' for all volume transacted which works out to be a couple of percent a day at the moment. [I cashed out my dividends exactly 6 hours ago now and already made another $71 worth in 6 hours - the price is also now up to 0.00598 so I can only see my tokens being worth more and more until at least 5000 ETH is in the contract as that is when the price goes to 0.01 ETH per token] |
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So 'the last man standing' can't really lose, funnily enough. I haven't really worked it out
The only people who can't lose in a ponzi are the scammers. By definition, someone has to lose money in order for the scammers to make money. "Investors" are deluding themselves with all sorts of rationalizations but really they're just hoping that they won't be the ones holding the bag when the scheme collapses. And you're still shilling offtopic scams, funnily enough. I actually worked out it was better than BTC and less of a risk in some ways (especially in a bear market). It is zero-sum like BTC too and early investors and the DEVs were limited in the amount of ETH they could invest into it (it was just 1 ETH each) which means that it is very evenly spread out. The price is up to 0.0045 ETH from 0.0035 when I first entered a day ago and nearly 900ETH is now in the contract. The only possible problem is a bug in the code but this is the third attempt at this by various people and the code has been written from scratch and audited a lot. https://etherscan.io/address/0xb3775fb83f7d12a36e0475abdd1fca35c091efbeSome guy on the discord keeps taking pics with his escort (he seems to have her over a lot):  Not far off 1000 ETH in the contract now |
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 A lot of the volume is now on Trade Satoshi...... the price is up about 50% too. Not many on sale, though so I suppose most people are holding in their desktop wallets. Trading is still going on at coinexchange. |
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https://www.youtube.com/watch?v=_k833juQcic Strange happenings on coinexchange (that price is an average but the sell price is actually higher on coinexchange than coinmarketcap shows)....the sell price is 2.5X the buy prices so a very large spread. People are buying at inflated prices. Only a few thousand seem to be on sale at the moment. It's a big day too there for BCC as they are delisting them on the 19th. Regarding the 'bitconnect on a blockchain' powh.io, I expect to be getting about $400 a day in dividends with the amount I eventually put in today but I'll see what happens lol. I won't be reinvesting it, just will withdraw it each day. The interesting thing is that when people withdraw their principal, 10% is also taken and spread out among all holders. So 'the last man standing' can't really lose, funnily enough. I haven't really worked it out but as long as you don't sell (apart from withdrawing dividends) you get a percentage of everyone else's withdrawals in actual ETH as dividends.
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off topic bullshit
It doesn't matter how you're rationalize it. This thread is about the Bitconnect ponzi scam. That doesn't mean you can shill for every other scam here. What about all the other cryptos? Have you noticed BTC going down but all others are even worse (why, if they are not a Ponzi, are they so related to the bitcoin price - shouldn't they be going up if BTC goes down to compensate for the loss in value if they really did have value?) and 45% of the whole market cap is now in BTC whereas a few weeks ago it was A LOT lower and more money was in the other coins and only little more than about 30% in BTC. Seems fishy doesn't it? |
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Is it really illegal to promote a 'ponzi scheme' as I've read people state?
Why don't you contact the SEC and find out? Most people don't really have that question. Stop spamming this thread with off-topic crap. Nobody cares where you choose to waste your money next. Well I was asking about cryptos as they are almost all ponzis with nothing backing the price in most cases. For powh.io, I have already made 1% in dividends in 11hours (my dividends are already worth 1% of the value of my P3D tokens at nearly $4 of ETH in dividends)!!! Plus the price went up a lot already to 0.0038 ETH from 0.0035 ETH (close to 10% increase in just 11 hours). When someone buys the token, the price goes up a percentage and when someone sells it goes down a percentage. This is all done in the smart contract. There is also a 10% fee for buying and also for selling that is distributed evenly to everyone as dividends (in ETH) that can be withdrawn at any time or reinvested. You can also withdraw your principal at any time.  If you read the smart contract, the developers don't have any extra advantages except they knew about it early so could buy in cheaper. Nothing can stop this system! It's totally fair. Unlike bitconnect, the marketing can't be done by the company as no extra profits are made by any of the developers. I suppose it has to market itself or through the 'masternode' links. Not sure how people can lose on this as long as people keep buying - what could stop people buying it (price is 0.0042 ETH now btw and the dividends are crazy at the moment)? 326 ETH bought today and only 15ETH sold!!!  Anyway, I had nearly 1.5BTC left over and thought I'd put it in here instead (the distribution of wealth is much fairer than with BTC - 61% of holders have less than 1% each of all tokens and the largest holder only has 4%) .....wish me luck   Copied this from the discord  :  Copied this disclaimer from a similar website: Disclaimer
This game is intended for entertainment purposes only. Do not send any ETH you do not want to or cannot afford to lose. There is zero guarantee that you will make ETH playing this game. And more importantly, zero guarantee that you won't lose any ETH you play with. Play at your own risk and do not attempt to pressure friends, family or strangers into playing too. In fact, you shouldn't even play yourself. The risk is entirely yours. Tread carefully. Good luck and have fun! And remember, it's internet monopoly money. Don't do anything you'll lose sleep (or your family) over.
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Is it really illegal to promote a 'ponzi scheme' as I've read people state ? It seems most cryptos should be classed as that.
There is one coin out that Trevon says is 'bitconnect on the blockchain' (see his latest video) and it's also meant to be a 'ponzi' (well when I googled the name, it seemed to come up as that) but there is no 'middle man' involved and it's all done via smart contracts. I actually don't really understand it but just bought some with the ETH I had accumulated from LendConnect of all things
https://powh.io
I have no clue (I think you get dividends every time someone buys or sells it) but I just bought 0.84 ETH worth lol
Trust Trevon to promote the next 'ponzi' in his latest vid but is it really illegal to do so if it's a crypto? P.S. I have made 3 cents of withdrawable (or reinvestable) dividends in ETH already and it was only 28minutes ago I bought it. So basically I think you make money whenever anyone else sells or buys. Currently it costs 0.0035ETH for each P3D token (a couple of dollars almost).
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https://youtu.be/5KXHgh2rTTwIs it all a scam? I especially liked the bit when the Bitfinex person said all his coins listed on his exchange were scams lol. Also, it is saying that the bitcoin price was totally manipulated last year due to Tether (obviously, this would be the main scam). Lots of bitconnect info on there too - going from 17cents to $440+ (as seen on that video) it must be one of the best performing of the 'scams'? According to that video, I think Bitconnect coin beat all others in 2017 in terms of percentage growth! Bitcoin, is also totally fake and fraudulent according to that video too. I still have lots of Bitconnect coins and won't be selling for a while and will see what happens to it (I even staked an extra 14 coins after two weeks lol better than nothing). 6m20s in:  It further says that investors could get huge gains by backing practically ANY coin last year. It showed the graph for the market cap for the HUNDREDTH coin by market cap (bottom of coinmarketcap default list) to prove this lol  So I'm sure these aren't all Ponzis then - must be some coincidence they all went up massively at the same time and seem to be linked to bitcoin too (why should bitcoin price affect all other coins so much if the price for every other unique coin does really depend on something other than pure speculation and gaining new buyers) ? The MAIN SCAM the video seems to prove (that Tether always printed more of its coins shortly AFTER bitcoin sold off from previous highs, so that it could reach new heights sometimes days later, despite there not being any greater demand for the Tether) 
Did they plan this MtGox-like manipulation years ago?
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Proof of Stake pays extra coins and so did Bitconnect
Proof of Stake creates the extra coins it pays people. It doesn't promise that those coins are worth anything. If the price of the tokens goes to zero, Proof of Stake keeps working. BitConnect promised to repay tokens worth a particular dollar amount. If the price of the tokens goes to zero, BitConnect doesn't have enough tokens to meet its liabilities. It becomes insolvent. Understand the difference? before you try to argue it's a Ponzi if it is only sustainable if more people buy it due to the possibly dubious marketing, what about BTC and how most people only buy and HODL because they think it's going to pay them good interest too even though it generates no wealth either but Bitconnect actually generated profits with the lending which they used to increase the price
What about BTC? If the price of BitConnect tokens went to zero, BitConnect (the company) would have been insolvent as it couldn't afford to repay its loans. They were holding assets in BCC tokens and liabilities in USD. That's a recipe for disaster. If the price of BTC goes to zero it doesn't matter - there's not BTC (the company), so there are no loans or any other liabilities. BTC isn't debt based. Understand the difference? The price can't really go to zero (even the lowest value coins are worth at least a fraction of a satoshi), it would just need a ridiculous amount of coins to pay the interest if the value was close to zero and there wouldn't be enough buyers for the coin if the growth slowed without reducing the interest rates so people wouldn't have been able to sell their interest into BTC after a while if they didn't manage it correctly (this is assuming an unlimited amount of coins but bitconnect actually had a limited reserve which they never needed to use but they could have done a fork of the coin - also other lending platforms use ERC20 tokens which could probably generate coins at will in the smart contract etc). I don't think Bitconnect promised that there would be enough buyers for people to cash out the interest but they would obviously try to avoid this situation. This is not what actually happened, anyway, as they cancelled the lending. The difference between staking is that people can withdraw at any time but the lending kept most of the coins out of circulation for months so it didn't really need as much buying power to keep the price up. BitconnectX is meant to be an exchange but we have to see what they do first, if anything, but they supposedly raised hundreds of millions of dollars in the ICO. They are down for maintenance now : https://twitter.com/bitconnectx/status/972087964078624768 (not sure what this would be as they don't have an exchange yet, I don't think ) |
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Can you believe this guy from icoreview.site stating that lending coins are a Ponzi. They are not a Ponzi, though!! I've explained my reasoning. If lending is a Ponzi, then PoS staking must be also (but staking always inflates the supply whereas lending often doesn't and this profit can be used by the lending platform to get more users which increases the price - all coins need more users to increase the price so this doesn't mean it's a Ponzi). Most cryptocurrencies will also be ponzis as no wealth is generated unless profits are used to affect the coin price (which lending platforms can do as lending often generates profits for the company without stealing from anyone else).
I don't really understand how you still don't get it. Let me try again: A Ponzi scheme is "a form of fraud in which belief in the success of a nonexistent enterprise is fostered by the payment of quick returns to the first investors from money invested by later investors". In the case of BitConnect, the nonexistent enterprise was the trading bot. They claimed that they had a trading bot which made a profit whenever the price of BTC went up or down, but they didn't. It was a "nonexistent enterprise". They obfuscated things a little by using their own token for deposits and payouts, but it didn't change anything. They claimed that they would pay returns denominated in US dollars using their token. Since they had no source of revenue with which to pay these profits, it was bound to end eventually. The only way they could continue paying out would be if the price of their token continued to rise forever, which is impossible. For the token price to rise forever they would need an ever increasing amount of new investment in their token to continue pumping the price up. If these new investors ever stop investing the price of the token falls and they run into trouble paying out the promised returns. Remember that the returns are denominated in dollars, and so as the token price falls they need ever increasing numbers of these tokens to pay out the promised returns. Those returns get dumped on the market, dropping the token price further, meaning they need even more tokens to pay out the next guy, and it spirals ever downwards until the token is worth nothing and they need an infinite number of them to make the next payment. On the other hand, Proof of Stake coins don't make any such promise of dollar denominated returns. The deal is something like this: "stake some coins to help secure the network, and the network will create new coins out of thin air for you as payment". This creation of new coins debases the money supply, causing downwards pressure on the token price. Everyone understands this, and it can continue indefinitely. At no point does anyone need to find massive amounts of the tokens to pay off some promised returns. The returns are created on demand. There is no need of new investment in order to be able to make the payouts. A proof of stake coin could continue indefinitely with no new investors. The price would tank, but that doesn't matter since there are no dollar denominated liabilities that have to be met. Do you see the difference? BitConnect and other lending coins inevitably end up insolvent. Proof of Stake coins never do. Proof of Stake pays extra coins and so did Bitconnect (except they paid back less with the lending while it was profitable to them - like a reverse of staking). Bitconnect could have instead reduced the interest rates if the growth slowed if they hadn't had to close the lending. They just needed something else like Bitconnectx for a reason to buy the coins. Maybe BCC could be used to pay exchange fees on Bitconnectx. Anyway, no point arguing about it now as they didn't let the lending continue. It didn't collapse in the way most people think as they could have carried on paying and it wasn't costing them anything other than their BCC coins which they had plenty of. They could have carried on marketing the coin and their probably fictional trading bot with their massive profits ( and before you try to argue it's a Ponzi if it is only sustainable if more people buy it due to the possibly dubious marketing, what about BTC and how most people only buy and HODL because they think it's going to pay them good interest too even though it generates no wealth either but Bitconnect actually generated profits with the lending which they used to increase the price). The price was still very high before it was cancelled unlike all later lending platforms so they could easily have paid all the interest for many months. Lots of people were still using it despite all the other new ones and people complaining and they were still heavily marketed. I wouldn't be surprised if the lending platforms were behind the rise in BTC (don't look at BTC now btw unless you are shorting - might be the surest bet to short to almost nothing as it's not backed by anything). Come to think of it, Bitconnect should restart the lending again now as there isn't much competition left. Could've have been their plan all along, to get people to be happy with half a percent a day instead |
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Can you believe this guy from icoreview.site stating that lending coins are a Ponzi.
Yes. I thought he couldn't promote ponzis, though. I suppose cryptocurrencies are also Ponzi to some people (well most will be no different to ponzis, tbh, but at least lending platforms can generate profits to unponzify). https://www.geek.com/tech/cryptocurrencies-could-be-one-big-ponzi-scheme-1726665/ But, there are also some growing voices that think all of these digital monies could just be elaborate, 21st-century iterations of the classic Ponzi Scheme.
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Can you believe this guy from icoreview.site stating that lending coins are a Ponzi. They are not a Ponzi, though!! I've explained my reasoning. If lending is a Ponzi, then PoS staking must be also (but staking always inflates the supply whereas lending often doesn't and this profit can be used by the lending platform to get more users which increases the price - all coins need more users to increase the price so this doesn't mean it's a Ponzi). Most cryptocurrencies will also be ponzis as no wealth is generated unless profits are used to affect the coin price (which lending platforms can do as lending often generates profits for the company without stealing from anyone else). ICO CALENDAR TODAY (GMT LONDON TIME) ongoing — (4.4/5) Lendium.Tech — next generation platform built with sophistication. Referral program in BTC and ETH so it’s healthy for the coin, i.e. less coin dumpers from referral earners. in 3 days — (4.2/5) HitStake ongoing — (4.6/5) Crystal Token — their trading bot is live on the dashboard and you can follow the trades. It trades on Poloniex. Makes high returns of a few % a day. I’ve been following it and it’s legit. NEWS TODAY KELLY BALTHAZAR: FalconCoin pulled the latest heist in the lending space. The lending space in itself is in a dark period, where most of the coins have exited and investors are left high and dry. There was also a huge fracas about how (4.5/5) EternaCoin is actually FalconCoin 2.0, but after I spent some time researching the similarities between the two, I highly doubt so. WHAT DO WE DO NOW? Lending coins are ponzi schemes. Like MLMs, even though people know that these pyramid schemes will most probably make them lose money, they still participate in it after all. Why? Because they convinced themselves that they are at the top of the pyramid scheme. (FYI: If you are at the top of any pyramid scheme, you do stand a high chance of making money.) Translating that into lending coin ICO language, it basically means participating in the coin early, or lending early, as early as the 1st day. But obviously, there are too many coins, and too little interest, so our money is spread too thin on each lending coin to make them work effectively. During the time when Bitconnect was the sole player, they could last for a long time because anyone who wanted to be in a ponzi scheme had only 1 choice and all the money could be used to continue building and sustaining the scheme. Even after all that has happened, if you still hope to make some quick bucks by participating in lending coins, the best way we can do is to maximize our chances of winning by participating in coins with a lot of participants. As of now, the ONLY working lending coin is (5.0/5) LendConnect. You’ll be minimizing your risk in a high-risk environment. The 2nd go-to coin would be (4.9/5) MonetizeCoin. Their exchange has opened seamlessly, and right now they will be launching their lending (they call it campaign) program in 1-2 days’ time. They have very big hype with over 6k Telegram participants in their chat group. In every industry, there are bubbles and crashes. The lending coin industry just experienced their first crash, and we are in the midst of it. As with any crash, the industry will recover. In any crash, there will be bankruptcies and consolidations. It’s just simple economics of the free market finding the sweet spot between supply and demand. When Bitconnect was the sole player, there was too little supply. Come December 2017, we saw too much supply. This bubble bursting merely allows the free market to dictate the equilibrium. Players that survive the crash will emerge as industry leaders. Statistically, only 1% of the world population has had at least one experience in owning a cryptocurrency. 1% is a very small number. It is estimated that that number will grow to 10% in 2 years’ time. If we assume a correlational growth in the lending coin space, we are looking at a 10x user base in 2 years’ time. (4.9/5) MonetizeCoin exchange is working seamlessly and withdrawals are instant. Try it for yourself and be amazed. (4.7/5) ThornCoin you can stake for a longer period of time with higher payouts or stake for 30 days with lower payouts. Their rates seem to be sustainable. This is a pure staking coin, so your returns will depend solely on the coin’s price. (4.5/5) EternaCoin Last week, I had a private video call with the EternaCoin developers, and there were 6 of them in the video call. I asked them a bunch of technical stuff which they were able to address and give a straight answer to. On top of that they provided me with their identification details which I have kept. The video call itself I have recorded. The purpose of this, as they have offered, is for me to release these information publicly if they were ever to pull an exit scam. I was on the fence about them all this time but today they showed some photos and videos of their mining farm which they plan to spend more on with the ICO money, and use the mining income to pay out staking dividends / buy back coins. So far they seem to be legit. NEW COIN REVIEW (4.3/5) Lendium.Tech — referral payouts in BTC and ETH (and not in Lendium coins) so as to maintain coin scarcity. So far coins that have maintained prices, like MonetizeCoin, pays out referrals in BTC and ETH. (4.6/5) Crystal Token — their trading bot is live on the dashboard and you can follow the trades. It trades on Poloniex. Makes high returns of a few % a day. I’ve been following it and it’s legit. (4.3/5) EternaCoin — pure staking platform with no withholding period. Much safer bet than lending coins with lockout periods. We have a new forum! More and more discussions are going on there. We support various languages, including русский and tiếng việt — https://forum.icoreview.site/Please help to share our website to your local cryptocurrency community. Thank you. |
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So I'm holding a couple of BCC. Once its delisted do these become worthless?
Anyone think BCC can go up from here?
It would still be on the TradeSatoshi and Bitconnect website I think after Coinexchange and Livecoin delist it this month. Also the BitconnectX exchange is meant to have it, obviously. I hold quite a lot so hope it goes up again. |
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