Do you think DavorCoin are happy about it  : Dear Davor community,
You must have heard that Bitconnect is stopping both his lending program and his exchange platform.
This does not change anything for us except that now Davor is the number one lending platform in the world !!
We are now the new standard and we thank you all for having joined us since the beginning or since very recently.
Many people are going to join us in the following days which means the price will increase and all of you already in the game with us will benefit from it.
We will keep offering you the best interest rates in the market and our tech team will keep working hard to make our system safe for you.
We can tell you now that we have faced 2 days ago the same attack on our system as Bitconnect received. They have been shut down almost 2 days and did not really came through it while our tech team did find the solution within 2 hours. This is only to show you that we are strong and prepared to be the new standard in the industry.
We're going to the moon, are you ready ?
"We can tell you now that we have faced 2 days ago the same attack on our system as Bitconnect received. They have been shut down almost 2 days and did not really came through it while our tech team did find the solution within 2 hours. This is only to show you that we are strong and prepared to be the new standard in the industry. "
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I lost my loan, what should I do ? I loaded $1500 to them, now I got 4.4 BCC worthing 160 only.
This is cheater. They push responsibility to government letter...?
The price now is obviously going to be lower than it should be. They haven't stopped anyone selling the coins if they really want to sell that low. I would just hold them or buy some more cheaply hoping they will go up. |
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The Bitconnect news inside Bitcoin NEWS is paid ads by jealous organization trying to discredit them. IGNORE.
Bitconnect exchange is down and the only way to get their latest information is to sign into Twitter and access @bitconnect for their messages.
It is not true that they are closing lending or that wallet refunds have been or will be made. IGNORE.
The Site will return once the DDoD attack is controlled. Do not panic or sell BCC wait until exchange normalizes.
Do all the people saying they scammed realise they just paid everyone 3 months worth of interest all in one go??? They were never in any financial difficulties and were never a ponzi. They had incredible BCC reserves which was all they needed to pay interest to investors.It is clear that up to yesterday (if you look on their twitter), Bitconnect were not thinking of exiting but with everything else, they decided to. BitconnectX is trying to rake in half a billion in the ICO but this money will never be needed for a simple exchange. Trust me when I say even if they have stopped the lending, bitconnect coin (BCC) is not finished with that kind of funding and the profits they have made in bitconnect. There is no announcement on their official twitter (@bitconnect) about ceasing the lending but it is possible they decided to do that. Remember that the people who handle the website and post the news are not the owners of bitconnect as they said once before when they had the first problem many months back. Lol you really are an idiot. They have liquidated all the loans and replaced them with BCC tokens at a really crappy rate. They haven't paid anything but now worthless tokens that cost them nothing and you can now sell for nothing. That is how the platform works. When a capital release is due it is paid in BCC tokens. Always has been. Normally people would not try to sell it all at once. Have you thought what would happen if everyone was forced to sell bitcoin all at once? Read it again: Do all the people saying they scammed realise they just paid everyone 3 months worth of interest all in one go??? They were never in any financial difficulties and were never a ponzi. They had incredible BCC reserves which was all they needed to pay interest to investors.
It is clear that up to yesterday (if you look on their twitter), Bitconnect were not thinking of exiting but with everything else, they decided to. BitconnectX is trying to rake in half a billion in the ICO but this money
will never be needed for a simple exchange. Trust me when I say even if they have stopped the lending, bitconnect coin (BCC) is not finished with that kind of funding and the profits they have made in bitconnect.
There is no announcement on their official twitter (@bitconnect) about ceasing the lending but it is possible they decided to do that. Remember that the people who handle the website and post the news are not the owners of bitconnect as they said once before when they had the first problem many months back.
By the way, it is actually true that the USD value of all the loans made was released to the web wallets in BCC (as they normally would do when releasing the loans) using a rate of $363 per BCC. Many people sent it to exchanges. Even that worked fine (although the website was overloaded). On current prices people have lost 90% but this is just oversold at the moment. Remember most people don't need capital releases and are happy just investing and taking the daily interest and would reinvest every capital release so they could carry on getting the interest.
I updated to make it clear that the loans were refunded. This might have been the decision of a programmer or other people dealing in the website who have been threatened by the recent attackers. |
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The Bitconnect news inside Bitcoin NEWS is paid ads by jealous organization trying to discredit them. IGNORE.
Bitconnect exchange is down and the only way to get their latest information is to sign into Twitter and access @bitconnect for their messages.
It is not true that they are closing lending or that wallet refunds have been or will be made. IGNORE.
The Site will return once the DDoD attack is controlled. Do not panic or sell BCC wait until exchange normalizes.
Do all the people saying they scammed realise they just paid everyone 3 months worth of interest all in one go??? They were never in any financial difficulties and were never a ponzi. They had incredible BCC reserves which was all they needed to pay interest to investors.It is clear that up to yesterday (if you look on their twitter), Bitconnect were not thinking of exiting but with everything else, they decided to. BitconnectX is trying to rake in half a billion in the ICO but this money will never be needed for a simple exchange. Trust me when I say even if they have stopped the lending, bitconnect coin (BCC) is not finished with that kind of funding and the profits they have made in bitconnect. There is no announcement on their official twitter (@bitconnect) about ceasing the lending but it is possible they decided to do that. Remember that the people who handle the website and post the news are not the owners of bitconnect as they said once before when they had the first problem many months back. By the way, it is actually true that the USD value of all the loans made was released to the web wallets in BCC (as they normally would do when releasing the loans) using a rate of $363 per BCC. Many people sent it to exchanges. Even that worked fine (although the website was overloaded). On current prices people have lost 90% but this is just oversold at the moment. Remember most people don't need capital releases and are happy just investing and taking the daily interest and would reinvest every capital release so they could carry on getting the interest. |
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Buy Davor coin its even better than Bitconnect LOL -- scam scam scam. It is only worth what someone is willing to pay. The system has failed and it is worthless.
Another crazy one are you? In what way have Bitconnect actually failed? They proved they had ENOUGH BCC COINS TO PAY EVERYONE AT THE SAME TIME!!! That is incredible and shows how much profit they were making and that THEY WERE NOT A PONZIMy advice is not to sell the BCC and wait to see what they come up with next. Yes you should get into DavorCoin as that is the best at the moment. The system was proven to be successful but they decided not to carry on. Yes, many investors would get hurt the way they ended it (as many will try and sell straight away, I'm not sure why) but they can wait to see how the coin does in the future instead of trying to sell immediately. They are less of a Ponzi than bitcoin, that's for sure. Oh my lawd, we have the number one BCC retard right here!!! You know its a good Ponzi operation when the victims cant even figure out they've been scammed haha. NO ONE IS GOING OT BUY YOUR COINS BRO. THEYRE WORTHLESS. These people are nuts with all this hate. It is obvious bitconnect didn't need to close (they could pay everyone all back at once in BCC tokens so were never a Ponzi, with bitcoin being more of a Ponzi) but the authorities forced it on them or they felt they had no other option. Don't you see that the only people who are to blame for investors losing out (possibly, more on that later) are the people causing them to stop their lending platform. They have not finished and will continue with the coin and will probably come out with something new. They have even told others that within 6 months their coin will be back to previous levels. Also, please have a look on coinexchange or other BCC exchanges. The price is around $50 so has been climbing in the last hours. |
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Buy Davor coin its even better than Bitconnect LOL -- scam scam scam. It is only worth what someone is willing to pay. The system has failed and it is worthless.
Another crazy one are you? In what way have Bitconnect actually failed? They proved they had ENOUGH BCC COINS TO PAY EVERYONE AT THE SAME TIME!!! That is incredible and shows how much profit they were making and that THEY WERE NOT A PONZIMy advice is not to sell the BCC and wait to see what they come up with next. Yes you should get into DavorCoin as that is the best at the moment. The system was proven to be successful but they decided not to carry on. Yes, many investors would get hurt the way they ended it (as many will try and sell straight away, I'm not sure why) but they can wait to see how the coin does in the future instead of trying to sell immediately. They are less of a Ponzi than bitcoin, that's for sure. |
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Yes, it seems they are ending the platform although the coin and website will be kept. Everyone's capital releases are being returned at a 15-day average of the BCC rate. Remember they don't have to pay any BTC to anyone. They just need to pay in BCC tokens. The fact that they are able to return everyone's loans (albeit at a rate of around $363 rather than the current BCC rate) means they were well in profit. The problem is how are people going to cash out? The coin price will plummet if there is no lending system with everyone trying to cash out their capital releases simultaneously.  The good news is that DavorCoin and a couple of others will be just as good or better. |
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The perfect storm is brewing for Bitconnect here. 1. Increase in withdrawal demand (to buy BCCX) 2. Increase in withdrawal demand (because of fear, cease & desist etc) 3. Bitcoin price dump (have to pay out more BTC for every $ in interest paid) 4. High % volalility payment required tomorrow as BTC crashes. 5. Promoters fleeing BCC and scrambling for disclaimers 6. BCCX selling twice as many tokens today ($25,000,000 worth). Im sure its just FUD. Even Roy Murphy can't dream up excuses at the moment. Things are dire!!!! aaaaaaaaaaaaaaanndddd its gone. Sad day for crypto but its been a long time coming. DO YOU RETARDS STILL NEED PROOF THIS WAS A PONZI FFS!!!?  ? Are you nuts? They have always been less of a ponzi than bitcoin. They have made HUGE profits from the lending system and can afford to give everyone back all their loans at the same time in BCC tokens (albeit at the 15-day average rate). They have no incentive not to dump all their coins now, except for the fact they are saying the website and the coin will continue. |
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Yes, it seems they are ending the platform although the coin and website will be kept. Everyone's capital releases are being returned at a 15-day average of the BCC rate. Remember they don't have to pay any BTC to anyone. They just need to pay in BCC tokens. The fact that they are able to return everyone's loans (albeit at a rate of around $363 rather than the current BCC rate) means they were well in profit. The problem is how are people going to cash out? The coin price will plummet if there is no lending system with everyone trying to cash out their capital releases simultaneously. The good news is that DavorCoin and a couple of others will be just as good or better. |
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Greetings, My repository answers the question of max supply: https://github.com/EmberCoin/EmberYou'll note that it was forked from the original project. My wallet answers the accusation. No dumping: http://www.presstab.pw/phpexplorer/EMB/address.php?address=e3zmavKnnSFJaMQQNeBKWTTagh2GdESrwyMy repository activity and issue addressing as well as other people who have helped in their own projects speaks for themselves. We have accomplished the first step of the plan whereby a community takes back ownership of a coin with a downrate coming. Why are you shouting scam with no factual basis in your arguments, jdh015232? I already doxxed myself weeks ago when I began the process of obtaining a certificate from Certum. You're too late, and you don't even realize it because you have done 0 research at all. Much obliged, AndrewBC You only ever posted in the middle of August! Your wallet address seems suspicious too as it started from the end of July (two weeks earlier). The statement about 'the old dev maybe hit by a bus' is not credible because the thread starter hasn't even disappeared anywhere and I have the feeling he is in on the scam. You also state the coin count was 4.5Billion but this was only true at the END OF JULY/START OF AUGUST not when you posted two weeks later or updated the GitHub supposedly later even than that. Look at your wallet address and how it had no coins incoming from any purchases you made and only very small weird sums for the first two weeks. You were being fed coins from addresses sometimes literally A WHOLE YEAR OLD from last October. Why were those people sending you coins? Look at some of the addresses linked to your account: Examples of other addresses which started months earlier that were feeding your main address with coins (Click INPUT 0 and you can see he dumped $100k worth and this was still mid august): http://www.presstab.pw/phpexplorer/EMB/tx.php?tx=adbd31372c2af0a02210cacd6b5cafc35c7c83baf513bf273f058c8d86d3e684 http://www.presstab.pw/phpexplorer/EMB/address.php?address=eKj2dbYou2YedcQNwRhaeb1UA8uENPdTmf (another that sent you coins and started end of July too and accumulated HALF A BILLION coins in the two weeks before you posted without even staking - receiving the coins from other addresses) I've not looked very much into it but it's clear you have scammed people out of a lot of money. The fact you try to claim you have not sold any Ember makes it worse. Anyone else think all this on the blockchain is highly suspicious? By the way, in the two weeks from the 4.5Billion EmberCoin supply (beginning of August when you started getting suspicious deposits to your Ember address) and the time you actually posted, there was at least another 3 BILLION staked!! So the amount grew by two thirds and you expect us to believe after all this you weren't looking for buyers to dump your billions of worthless Ember on? Was I right about this guy? Apparently he's been abducted by aliens and nobody knows where he is now. |
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This is probably the most incredible post I've ever seen. You say bitcoin will carry on growing but bitconnect won't. You say you are not the deluded one?
Even the people behind Bitconnect know their system will fall apart at some point. That's why they have a Risk Disclosure. Here you go: https://bitconnect.co/terms-of-use/You put too much confidence into Bitconnect. Go back a few posts (I think it was literally my previous post) and you will see that was only put in recently and seems copied from DavorCoin. FalconCoin also copied the same thing. I don't know who used those terms first but it was only shown on archive.org for bitconnect since 19th November (or whatever I wrote in my previous post). DavorCoin is doing great btw and is a must for investors. Sustained 2% daily interest at the moment. They also have a growing trading volume on their internal exchange of many millions per day and their token price was around $18 today when I last checked. Remember they took in BTC a month or so ago when it was only $6k (that was the figure in their whitepaper). So they have already tripled their ICO funds in USD without doing anything due to the rise in BTC. Hopefully they have kept a good amount in USD or USDT for safety. Just updating about DavorCoin I mentioned. The price has been in the $50 range lately so doing very well. Everyone is making a lot of profit. https://coinmarketcap.com/currencies/davorcoin/ |
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That fucking ponzi scheme ship is sinking. I recommend all rats to leave the ship.
Did you not buy BCC yesterday. You would have doubled your money today. Merry Xmas! |
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No one forced people to invest in Bitconnect
They could have very well invested in
Control-finance
Bitpetite
Bitplay
Laseronline
Coinreum
Chronium
Apoud
Nexcoin
Hexabot
Elektracoin
Bitbase
Chaingroup
UcoinCash
Ethconnect
I'm interested in why you mention UcoinCash on this list ? Also, SEC doesn't deal in these as everyone must know by now. The Texas cease and desist for USI tech does not stop them operating anywhere else in USA and was an isolated decision after complaints about affiliates ( I am guessing). I also got an email from the UK authority when I asked them about bitbase claiming to be regulated by them (they didn't seem to think it was a big deal tbh and didn't really care they were lying): Our remit
Although we regulate and oversee the UK’s financial industry, there are certain services or products which don’t fall within our regulation. This means firms that perform or offer any unregulated products or services are not subject to our rules, and we have no authority over their business. Virtual and Crypto currencies fall outside of our remit as the financial services regulator of the UK. |
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The premined tokens how are they going to be distributed, aslo I want to ask what is the use of the coin if there is no white paper currently to guide investors on the utility use of these tokens
This is actually one of the best types of projects in the cryptosphere and better than just investing in bitcoin in my opinion (I've said before that they bring value in guaranteeing the investment capital in USD whilst also paying interest at the same time). Unlike other coins, the devs can't dump the tokens as it will cost them more coins in interest rates (which they already profit from as the coin demand increases - look at bitconnect which was the first and has profited massively from their lending rates and have amassed far more coins than they have paid out). The project is sustainable even without any real business propping it up. So what I'm trying to say, is that the premine is not something to be wary of like in traditional alt coins, it is something to help the sustainability of the project as all the interest is paid in these coins (bitconnect has never even had to go into these reserves because their coin keeps increasing, anyway). The cloud mining seems like a decent idea too if there is significant investment in equipment as I'm sure these projects can generate enough funds for this. |
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Bitebase is big scam
Well done.. I worked that out pretty quick. |
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This is probably the most incredible post I've ever seen. You say bitcoin will carry on growing but bitconnect won't. You say you are not the deluded one?
Even the people behind Bitconnect know their system will fall apart at some point. That's why they have a Risk Disclosure. Here you go: https://bitconnect.co/terms-of-use/You put too much confidence into Bitconnect. Go back a few posts (I think it was literally my previous post) and you will see that was only put in recently and seems copied from DavorCoin. FalconCoin also copied the same thing. I don't know who used those terms first but it was only shown on archive.org for bitconnect since 19th November (or whatever I wrote in my previous post). DavorCoin is doing great btw and is a must for investors. Sustained 2% daily interest at the moment. They also have a growing trading volume on their internal exchange of many millions per day and their token price was around $18 today when I last checked. Remember they took in BTC a month or so ago when it was only $6k (that was the figure in their whitepaper). So they have already tripled their ICO funds in USD without doing anything due to the rise in BTC. Hopefully they have kept a good amount in USD or USDT for safety. |
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You have to watch the screen every 2 min for 24hrs a day or program a bot to trade btc.
Bcc has outperformed btc the last 18 months. Btc up 40x. BCC up 1800x
You are deluded. If you knew how to trade, you wouldn't say such things. Bitconnect will eventually collapse, and BCC will not be worth anything (likely in less than 2 years). The dwindling interest rates are evidence of a failing system. But Bitcoin will still be standing, stronger than ever before. Don't get me wrong; I am not wishing ill will on the people who have invested in Bitconnect. I would be happy to see you all make money from this system for the rest of your lives. But it's just not logical to think that this thing can go on much longer. Especially when so many people are compounding their interest. I believe holding money in Bitcoin will prove to be more profitable in the long run. By the way, your math is wrong. This is probably the most incredible post I've ever seen. You say bitcoin will carry on growing but bitconnect won't. You say you are not the deluded one? |
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are you CCC from Singapore that the gov banned crypto and has anti-crypto regulation ?
Singapore is very open with cryptocurrency. Singapore government is even building their own cryptocurrency right now. If you search on the news paper, you can find that information. Moreover, cryptocurrencies trading is very active in Singapore right now. CoinHako ( https://www.coinhako.com/), the largest exchange in Singapore, is processing a huge trading volume each day. Why does cryptoxchanger.net have this in their terms (they may have changed them recently as I copied them a while ago): If you are citizen, resident of, or a person located or domiciled in, the United States of America including its states, territories or the District of Columbia or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of the United States of America, any state or territory thereof or the District of Columbia, you are not allowed to use this website.
If you are citizen, resident of, or a person located or domiciled in Singapore or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of Singapore, you are not allowed to use this website.
If you are citizen, resident of, or a person located or domiciled in Canada or any entity, including, without limitation, any corporation or partnership created or organized in or under the laws of Canada, you are not allowed to use this website.
They only seem to ban these three (I think they lifted the ban in USA at least recently). |
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Bitconnect are guaranteeing the investment amount. Bitcoin can collapse at any time. The governments can ban exchanges and stop people cashing out. If Bitconnect manage their massive profits properly, they would be able to guarantee the investment capital which is the value they bring. Plus if you invest your wages into their system, you are guaranteeing some extra passive income depending on the percentages they maange to pay. Wouldn't you rather they pay amounts they are able to afford than to collapse and disappear?
Your comment clearly shows that you do not understand how the Bitconnect system works, and how dependent it is on Bitcoin. Bitconnect does not guarantee anything. You need to read the Risk Disclosure in their Terms of Use: https://bitconnect.co/terms-of-use/By the way, if Bitcoin collapses, then Bitconnect will be finished. You aren't thinking this through carefully enough. Your emotional attachment to Bitconnect is keeping you from seeing what's really going on. It's funny you mention that Risk Disclosure because it was copied almost word for word from DavorCoin. I'm not sure which had the terms first but the earliest I can detect it on Bitconnect was 19th November (archive.org) and it wasn't there in September (the previous version it had archived). So I wonder why they decided to add that. Plus if you invest your wages into their system, you are guaranteeing some extra passive income depending on the percentages they maange to pay. I mentioned wages as something distinct from bitcoins and how someone could possibly lend a portion of the wages on bitconnect and not touch any BTC they are holding (just buying BCC is possible with other cryptos too like ETH and more without even buying BTC). As others already mentioned, bitconnect do not deal in bitcoins except as traders on their own exchange or others (they may be able to profit on their own one from having some inside info) but other than that they did not need to have an internal exchange or even a BTC wallet after the ICO was over. They could simply let people withdraw and deposit BCC from other exchanges or wallets (like PolyNetwork does - but that is another story). The reason people seem to think bitconnect are reliant on bitcoin, is that the price of the coin tends to follow its movement. If bitconnect are holding most assets and profits in bitcoin then they may be in trouble if BTC crashes massively but I'm sure their strategy is more clever than that and they will be holding fiat too as collateral for loans. There is no denying that so far they have profited a huge amount from their interest rates solely due to the rise of their coin (not counting other possible income streams) and that is the only thing they are really dependent on. If the coin price goes up at any sort of rate they don't even need to go into their BCC reserves and will have profited. If they are holding mainly bitcoins from their profit then that profit already went up a further 50% in the last few days. They could conceivably give half their bitcoins away and sell the rest into fiat and still be hugely in profit and in no trouble as long as their system is profitable (their coin continues to stay in demand). |
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Also, We're receiving a passive income in Bitconnect by just investing on their program. i can say that Bitconnect would hit the value of $1000+ easily!
You can earn passive income by investing in Bitcoin. You don't need Bitconnect (the middleman). Go directly to Bitcoin and earn more! The average rate of increase on Bitcoin is about 4% to 5% a day. Why settle for the dwindling interest rates of Bitconnect? Think! Bitconnect are guaranteeing the investment amount. Bitcoin can collapse at any time. The governments can ban exchanges and stop people cashing out. If Bitconnect manage their massive profits properly, they would be able to guarantee the investment capital which is the value they bring. Plus if you invest your wages into their system, you are guaranteeing some extra passive income depending on the percentages they maange to pay. Wouldn't you rather they pay amounts they are able to afford than to collapse and disappear? |
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