Only someone who is not in the know of the situation of things will fall for the word of a newbie about BCC or bitconnect when we all know about the controversy hanging over their end concerning the platform they are creating in which some quarters believed is not sustainable long-term. If anyone would invest, it would be on the basis of individual findings and how sustainable the project is rather than what someone said on the forum because if the whole thing turned into a scam, that other person won't be there to share the loss. This. But it is very hard for new people to understand what's going on. Where do you start? How do you understand how BCC works if you do not even understand BTC. But people are carried away by the hype. We need a mandatory Spoetnik course for new accounts.  Seriously though, it's hard prevent people doing these things. These projects market themselves so much with fake success stories, false promises, ads, signatures campaigns, social media/forum sockpuppet spams, airdrops, and so on and on that every newbie will come in contact with them while we learned to ignore these. And with so many new people flooding into crypto because of Bitcoin's price, voices of reason can't be heard from all the greedy shouting and noise. |
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It's not live yet. Only the testnet.
The project is (unsurprisingly) terribly planned with no launch date set in advance.
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The trick is to ride thiscoin as high as you can without getting burned.
You might as well just play dice games or other forms of pure gambling. That way you don't generate a bunch of angry/disappointed crypto-newbies who naively got parted with their money. |
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Thanks for the explanation.
How long we have to sell the bitconnect coins before we get no money?
Bitconnect not the moon! Bitconnect to the shit!
Nobody knows. |
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But there are only some coins available. Then the price should rise or?  The supply didn't change at all: yes it's dropped in market cap but when you look at details you can see that it's less tokens in circulation!
it was more than 7 millions BCC in circulation yesterday, today it's a little more than 2 millions! can someone explain that?
A simple answer is an adjustment in the circulated supply, but actually, I don't care what position bitconnect are on coinmarketcap as long as the value keeps increasing. This is the circulating supply (8,402,106) not sure what's up with coinmarketcap:  Also, 98.56% of the trade volume is done on their own exchange which is a huge red flag. They can manipulate the price and the volume trivially easily and nobody would be the wiser. No crypto should be taken even semi seriously with such a degree of centralization and lack of transparency. This project stinks from every angle and it's begging for crippling regulations. See for yourself: https://chainz.cryptoid.info/bcc/#!richAnd since almost all the trading is going on at their own exchange they can manipulate the price and the supply. They can say whatever number they want for the price. |
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Because it's almost solely traded on their own exchange (93.55% volume) that only deals with BCC. They can make up the numbers as they please and nobody would know. They can send whatever numbers they want for the price and volume to coinmarketcap through their API - which is the only requirement. I'm not sure why coinmarketcap is dropping the ball here both with the fake circulating supply and listing the untrustworthy exchange. It's like bitcoin with 1/10th the fees... it's not totally useless. Anyone who wants to seriously use a crypto to transact, rather than invest, would be better off using BCH for the time being.
BCC is in question, not BCH. And Bitcoin had near free transactions... when it wasn't used. A fee market is necessary both to combat bloating the blockchain with millions of dust transactions and flooding attacks. If BCH would be used, it would have much higher fees. |
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They have already contributed around $16m during presale. I suppose it's very significant sign to participate there. It looks pretty legit at least.
Are the numbers verifiable or do they just claim they have sold that much? |
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It should say that it's for TESTNET to avoid confusion. |
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Not the same for me. Try Control + F5 or Shift + F5 to refresh the page and to clear the cache for that site.
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That's kind of hilarious in a sad way.
But then again, I'd advise staying away from all airdrops. You never know how many coins the "dev" team holds because it's easy and cheap to buy hundreds of sockpuppet accounts to redeem airdrops and manipulate the coin. And they have too much control anyway... just look at Onion.
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if this fork is anything like the last one (bitcoin cash) then bitcoin price will rise after the fork. people were also speculating price fall, split, death,... about bitcoin before BCH fork too. but we saw a gigantic rise afterwards.
and also we have an additional good news about CME opening up future investments for bitcoin and it seems like the market is taking it seriously. and that is bringing in a lot of fresh money. the other day i read a large number of users have signed up on Coinbase (1 million in a day or something like that). that shows there is a new rally on the way. specially when this fork is out of the way.
i said all that to say when bitcoin rises, we have seen multiple times that altcoins get dumped hard. in which case i wouldn't expect any ATH from any of them.
Logical conclusion, but what if this fork namely B2X becomes the winner, because I read the words of verified twitter profiler, that the btc hashrate could drop 85%. It won't drop by 85%. It will drop a bit for a short time if B2X will be significantly more profitable to mine but that won't last long, not even with very deep pockets bleeding money into B2X. Same thing happened with BCH: https://fork.lol/pow/hashrate (not sure how reliably this is). |
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I don't think investing with ICOs is a thing, it's only pure gambling.
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Before I start, I must say is that I have seen NOTHING like INVIA World before! The simplest reason for this is that they allow us the opportunity to be part of this giant Crypto field and able to do mining! Currently, I have their “PRO PLUS MINER” package and it is just EPIC! Their whole concept is amazing as it’s based on unique software that allows them to scan the entire crypto mining market for the most profitable coins, and then they adjust their equipment to it. After the plant has mined various Altcoins or Bitcoin, they flow into the INVIA World Kryptowallet and are switched to Ethereum or Bitcoin for us (customers), and this concept is known as actively managed cryptomining. So, this is just what I always wanted! That too without having to go through any complicated process for altcoinmining or bitcoinmining, so really Invia is the way forward for miners! BUT, that is not all, as you can have a chance to win a NEW iPhone X by joining it from here and purchase any package of your choice! Good luck to all! If you are for real you're really naive. You want to earn mining profits without actually doing any of the work. If so, you're looking down a road filled with scams and disappointments because there's no such thing as free money. If a company has the infrastucture for a sizable mining site and the money for the hardware, they won't be renting out the hardware and take care of them for you. They'll be mining for themselves for much higher profits. Or they might rent you out the hardware knowing they will make more that way than as if they were to mine themselves. But the biggest issue with cloud mining services is the lack of transparency and that you have to trust them. Auto converting mining profits to BTC/ETH sounds convenient but it also makes it trivially easy for them to you know, not even own any mining equipment just pay out bits from new investors ponzi style until they'll disapper like the dozens of cloud mining scams before them. They also use cheap marketing tricks such as; - calling tiered packages like basic/pro/pro plus/founder to play with people's ego and to incentivize they invest the most; - having a referal system (ponzi charasteristic - if something is good, people will come, no need to pay people to lure others in); - having a countdown to make people feel like they might miss an opportunity and rush into decisions. - oversimplified interface, rounded and easily memorable prices, lack of info; - and there's also a carrier page which is another investment opportunity with packages ranging from aluminium to BLACK DIAMOND (huge image warning: https://i.imgur.com/qvB9DJ3.png). You can't make this shit up.  They also doesn't have many technical details that's very important to actual miners, like: electricity/maintenance cost (are they included?), guaranteed uptime, level of control over the miners, minig speed for different algorithms (weird that it's just says one hashrate in Mh/s for the packages while they're saying they offer mining hardware for 10 different algorithms), no option to get paid out in the coin that's mined instead of autoconverting into BTC/ETH. So yeah, stay away and if want to earn money spend the time learning how to mine instead of spamming referals. |
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Note: Our BTG wallet is not yet enabled. Very first line of the coinomi link. Mainnet is not live yet, only the testnet. |
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When Bath steps in and says to fuck off, literally back, the, fuck, off. Years of reading posts on BCT, Bath has always spoke the truth and said what's actually right, and calls out wankers like you. Hopefully you lose every fucking penny on Bitconnect and learn a valuable lesson. Haha, thanks! I wonder if he'll post again. |
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What a blatant ponzi scam with the fake block explorer and everything.
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Unlikely. ...but considering there are people who are keeping BCH alive, likely some of that stupidity will also keep the current fork (without the difficulty changes) alive so you never know.
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You can be glad you did not order a inno miner for 10k which does 30GH and is not even out.
Bitmain wanted to burn the competition and threw out so many D3. They achieved it.
They do the same they did with competition for Bitcoin-asics some time ago- flood the market with their miners for cheap price so ROI is impossible for the other buyers.
Now BM has even delisted the D3, they very well knew what they are doing and stopped selling them now. The bombs have fallen. But not all of them - yet.
I wonder how many ASIC manufacturers also use the first batches to mine themselves and make way more than selling the hardware right away. Also, I coulnd't find info but it's estimated the D3's use a 28nm fabrication process while the S9's are using a 16nm process. So there might be 16nm ( or even more efficient ASICs) X11 ASICs on the way or even already working in private hands. We just don't know, we can only see the difficulty but we don't know the numbers behind each company. I think the ASIC bubble will pop soon for Bitcoin as well and people will realize they can only earn peanuts after the big boys funding their ASICs discard them once they're done. And while having more ASIC manufacturer is certainly better on paper, the possible profits to be made (and investments to be lost) makes the nature of the competition so cutthroat I think where most ASICs will eventually go to a couple of private hands instead to home miners. |
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