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1  Alternate cryptocurrencies / Altcoin Discussion / Re: BitconnectX ICO overpriced? on: January 10, 2018, 09:16:33 PM
Problem is that the risk is insane, they could be launching this ICO just to pay off new investors..

That is very scary and seeing how mysterious and confusing is their business model (at least to me) that is an option indeed.

The existence/profitability of that volatility software is rather difficult to believe. Read an article about it but still don't understand where they get the money to pay the investors and the truth is that they are doing it   Shocked
(FYI: https://medium.com/@anesthesteve/bitconnect-explained-c68dd2daef2f )
2  Alternate cryptocurrencies / Altcoin Discussion / Re: BitconnectX ICO overpriced? on: January 10, 2018, 11:53:26 AM
Hi everyone,

As far as I understand they will be making an exchange similar to Binance and the equivalent to (BNB) will be their Bitconnectx coin.
1 BCCX = $50. Isn't that too aggressive for an ICO? a red flag?. Also I was considering lending some BCC on Bitconnect, Do you think this BitconnectX affects the lending system?

PS: I'm new in this crypto-world, apologies if anything I said doesn't make sense Smiley

In fact no one can predict how BCCX will affect BCC.
Just my guess about possible scenario:
- at the beginning BCC will go down significantly, because most of BCC holders would like to participate in BCCX ICO and it will also attract most of new Bitconnect investor's attention;
- but by the moment when BCCX reaches exchanges BCC will recover the price and even increase it, because of huge BCCX hype accumulated during ICO, possibly thinking like "Bitconnect is such a popular now, but my BCCX is still is not on exchanges, let's play some BCC while waiting for BCCX".


Thanks for your reply. That sounds like a very likely scenario, providing of course that they don't take the money and run before the BCC drops and I guess nobody apart from them has the answer to that.
Any insight on the BCCX ICO price?
3  Alternate cryptocurrencies / Altcoin Discussion / BitconnectX ICO overpriced? on: January 10, 2018, 10:54:16 AM
Hi everyone,

As far as I understand they will be making an exchange similar to Binance and the equivalent to (BNB) will be their Bitconnectx coin.
1 BCCX = $50. Isn't that too aggressive for an ICO? a red flag?. Also I was considering lending some BCC on Bitconnect, Do you think this BitconnectX affects the lending system?

PS: I'm new in this crypto-world, apologies if anything I said doesn't make sense Smiley
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