Bitcoin Forum
May 25, 2024, 08:31:11 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 »
1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 09, 2020, 12:10:15 PM
🔸 It’s no secret that cryptocurrencies have become the tool to drastically simplify international wire transfers. However, the associated commission fees and low transfer speed are a hurdle to mass adoption of cryptocurrencies.

🔸 For example, Bitcoin can sustainably handle 3-7 transactions per second (TPS), and to confirm these transactions, the Bitcoin network takes about an hour. Besides, Bitcoin holders can increase confirmation speed by paying a premium fee that stimulate miners to prioritize these transactions above all others.

🔸 In contrast, Bankcoin Reserve relies on a combination of patented technologies and the Proof-of-Stake consensus algorithm to solve this issue and become a viable and effective alternative to cryptocurrencies.

🔸 For instance, for transferring 100,000 BCR worth 155.5 million US dollars, the network fee will be just 4,976 US dollars, and the transaction will be confirmed in mere seconds.

📍 Important note: network fees are calculated based on the network conditions at the time of transaction.

🔺 To learn more visit https://bankcoinreserve.io



______________________________________________________________________________

Gold is spiking right now, but BCR price is flat, why is that? Or it's just not enough history?
Our API algorithm will reset the price at the start of the next month.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 08, 2020, 07:28:49 PM
Our society is driven by economic incentive and when smart people see opportunities, they jump in. Just saying.
Thank you for your opinion. Smart people take advantage when they see them
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 08, 2020, 06:28:53 AM
In 1-2 years this project will conquer the world. The main focus right now is on team work. Let's hope they will succeed.
Agree with you, this is the time when project managers should do their best. Idea can be stolen, reshaped real quick and sold for millions.
That’s going to be hard to do when Bankcoin have 9 patients to protect their coin.
One of the main tasks of the technical department is data protection and plagiarism prevention
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 07, 2020, 09:01:58 PM

BankCoin definitely has a potential, but only time will tell if this potential will be realized.

BankCoin team should work as one mechanism, this is the only one and working recipe for success!
Of course, the team understands that without the development of the project and its capabilities, success is impossible!


Bankcoin Reserve is a unique currency

This is a monetary system that focuses on efficiency, transparency, security, and above all – utility. The Bankcoin Reserve is a unique currency that filters and combines the new decentralised blockchain and cryptocurrency technology.

🔺 Learn more about Bankcoin Reserve! Download the White Paper https://bankcoinreserve.io/whitepaper



It is always good to see some news from your side! Keep it up good work!
Thank you for your attention to the project!
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 07, 2020, 09:32:54 AM
Bankcoin Reserve is a financial innovation platform!

🔸 The Bankcoin Reserve blockchain solution is comprised of four technologies that serve as its foundation: PoW / PoS consensus algorithms, cryptography, peer-to-peer network and blockchain technology. Besides, Bankcoin Reserve has registered 9 patents on innovative technologies that uphold the future financial paradigm.

🔸 The technologies featured in Bankcoin Reserve allow to alleviate the issues of the current financial system and its alternatives.

🔺 To learn more about how we utilize innovation in the Bankcoin Reserve platform –  visit https://bankcoinreserve.io



______________________________________________________________________________

Just finished reading book by mr. Gary McAlister and it is brilliant. It will open your eyes and change your world, trust me.
Thanks for your feedback on the book. We are glad that you liked it!


Banks will never accept bitcoin. Just few years ago they were blocking accounts for using crypto and not much has changed. Be your own bank.

For majority of population it is hard to take responsibility for their actions. That's why we still have governments and banks.
A system that has been created for years and millennia is difficult to destroy. Most people find it very hard to accept change.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 06, 2020, 12:24:26 PM
Bankcoin Reserve is a unique currency

This is a monetary system that focuses on efficiency, transparency, security, and above all – utility. The Bankcoin Reserve is a unique currency that filters and combines the new decentralised blockchain and cryptocurrency technology.
 
🔺 Learn more about Bankcoin Reserve! Download the White Paper https://bankcoinreserve.io/whitepaper

7  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 06, 2020, 09:20:41 AM
How will you deal with pump-and-dump groups? Do you have plans how to protect your investors?
Read more in White Paper https://bankcoinreserve.io/wp-content/uploads/2019/10/Bankcoin-Reserve-WhitepaperV1.1.pdf


Bankcoin Reserve was created with the idea of having real world utilisation of its coins!

Bankcoin Reserve (BCR) is on a mission to change the perception surrounding cryptocurrencies and also reimagining money as a financial instrument. This is accomplished by developing a monetary system that is inclusive, rewards the user, encourages the movement of capital while also acting as a stable anchor thereby fostering economic activity and growth. Bankcoin Reserve provides its user with lucrative incentives as well as a prospective store of value, that helps attract capital into the BCR ecosystem. This is achieved by tethering the value of one BCR coin to the prevailing price of one troy ounce of gold. Here, the ceiling market price of one troy ounce of gold in the previous month becomes the floor price of Bankcoin Reserve for the following month until a new ceiling price is achieved. Bankcoin Reserve also creates value for the user through its ability to mint up to 10% per annum of the principal amount when held in its proprietary digital wallet. In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors.



10% per year doesn't look attractive for me. Is there any other benefits for BCR users?
We spoke in detail about the project and the benefits in White Paper https://bankcoinreserve.io/wp-content/uploads/2019/10/Bankcoin-Reserve-WhitepaperV1.1.pdf

Banks still didn't accept bitcoin, any good reason why they should use your coin for their regular purposes?
This new multifunctional product allows banks to adapt and adopt innovation through Bankcoin Reserve and its licenses.

However, the main difference between Bankcoin Reserve Coin and other cryptocurrencies is that its price is pegged to the maximum market price of one troy ounce of gold as of the previous month. This price becomes the minimum price on the coin for the following month.

In other words, Bankcoin Reserve Coin doesn’t manufacture its market price, meaning that the current gold price defines the price on the coin.

I have some gold, will you accept it in exchange to BankCoin Reserve? Or maybe other payment methods, like Visa/MC?
Tokens are now available for purchase on the exchange. See purchase conditions there.
BCR is already listed on 3 exchange: CCX, Btcexa, HomiEx

If solution for real business will work I will tell about your project my friends and family! Just never give up and stick to your roadmap!
Thank you for your support and faith in the success of the project!

8  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 04, 2020, 07:43:57 AM
Opportunities in the cryptocurrency market

🔸 Price Volatility

As mentioned earlier, every BCR coin is tethered to the highest price of one troy ounce of gold. This makes Bankcoin Reserve immune to regular market risks and also assures that the price of BCR remains stable.

🔸 Expensive Transaction Fees

In contrast, Bankcoin Reserve uses a combination of patented technology and Proof-of-Stake consensus to realise a solution to this problem which helps makes it an efficient and viable alternative.

For example, to transfer of 100,000 BCR valued at USD $155.5 million, the network fee typically amounts to only USD $4.976 and the transaction will get reflected in seconds.

Bankcoin Reserve solves the issue of stolen identity as addresses.

Bankcoin Reserve utilises powerful cryptography to give ownership of an address and the crypto-assets associated with it, through a combination of public and private keys, made up of combinations of random numbers and letter.

The Bankcoin Reserve is a unique currency that filters and combines the new decentralised blockchain and cryptocurrency technology with those of age-old financial traditions!

9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 03, 2020, 09:24:44 AM
Scenario when whole community will start sharing its wealth is looking a little bit utopian for me. But maybe BCR will prove me wrong.
Stay with us and you will be able to observe the development of the project!

Modern problems require modern solutions. Blockchain could be a solution for next decade so why not to try it out?
Blockchain remains a good solution to many issues and problems.
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 03, 2020, 09:11:13 AM
Bankcoin Reserve was created with the idea of having real world utilisation of its coins!

Bankcoin Reserve (BCR) is on a mission to change the perception surrounding cryptocurrencies and also reimagining money as a financial instrument. This is accomplished by developing a monetary system that is inclusive, rewards the user, encourages the movement of capital while also acting as a stable anchor thereby fostering economic activity and growth. Bankcoin Reserve provides its user with lucrative incentives as well as a prospective store of value, that helps attract capital into the BCR ecosystem. This is achieved by tethering the value of one BCR coin to the prevailing price of one troy ounce of gold. Here, the ceiling market price of one troy ounce of gold in the previous month becomes the floor price of Bankcoin Reserve for the following month until a new ceiling price is achieved. Bankcoin Reserve also creates value for the user through its ability to mint up to 10% per annum of the principal amount when held in its proprietary digital wallet. In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors.

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: January 02, 2020, 09:40:36 AM
I see a big opportunity in this project, but it is still in early phase. When admins will show some significant progress I will put my hard earned bitcoins in it.
Follow the development of the project and we will be glad to see you among the tokenholders!

You have everything for success: 8 innovative patents, great idea and supportive community. When should we expect results from you?
This is a good question and I don't have the exact day or time frame to give you. To make BCR very valuable and successful we have to protect the "supply and demand" with the markets. Many coins fail because these ICO's let everyone do as they please and then they are unwanted due to everyone selling at the one time. Then exchanges start delisting and the list goes on etc. It's standard Law with any company stock exchange, that all founders, early investors, sweat equity investors, investors who purchased at a discounted price, cannot sell normally for a minimum of 12 months. This is to protect the value of a company and its investors to stop traders doing a "dump and burn". Although, the crypto exchanges are less regulated we believe its to benefit the entire community by keeping lockouts on all exchanges for a period of time until the exchange roll out has finished and there is sufficient liquidity in the marketplaces and our price becomes concrete around the world. In the meantime, we have many businesses in the BCR community willing to accept payment for BCR and we are doing our best to bring on more. Happy New Year. 🥂

______________________________________________________________________________

The Bankcoin Solution

🔸 A monetary Innovation platform the Bankcoin Reserve blockchain solution embraces the combination of four fundamental technologies including PoW/PoS consenses alogorythms, cryptography, peer-to-peer networking  blockchain technology.

🔸 Further, Bankcoin Reserve has identified and obtained grants for 9 patent innovations. And is the only digital currency to hold nine (9) patents.

🔸 The Bankcoin Reserve is a unique currency that filters and combines the new decentralised blockchain and cryptocurrency technology with those of age-old financial traditions, that help empower the user while also focusing on the aspects of growth, accessibility and stability.

🔸 Bankcoin Reserve was created with the idea of having real world utilisation of its coins. What makes the «Bankcoin Reserve (BCR)» unique is the capability for it to provide secondary mining of up to 10% per annum. «Bankcoin Reserve (BCR)» community sets its pricing mechanism based on the latest high value of gold attained.

12  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 31, 2019, 09:54:39 AM
Happy New Year! 2020

13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 30, 2019, 01:06:53 PM
Banks are getting worse and worse these days. Maybe Bankcoin is the answer to all modern problems? Only time will tell.
Thank you for your interest in the project. Of course, we plan that the project will help solve some issues in the banking sector.


Do not share your ideas for free! Someone will see it and make money out of thin air. Protect your intellectual property with a patent.


What is someone has enough time and money to make your idea come true? Our world will become a better place for our kids. Don't be so greedy Smiley
Of course there are such people

So, BankCoin Reserve can be accepted by any country? If so, then we will have majority of governments getting involved into this.
Each country has individual working conditions.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 30, 2019, 09:55:05 AM
Guys, when did you saw community manager last time? This thread looks abandoned with only few people talking about the project.
Sorry to have that impression. Our managers did not leave the branch. We regularly publish news about the project. We also answer questions. And the activity of the same people is normal.

In the world of investments you can't have guaranteed returns. Maybe I didn't understood it right, but you should correct this sentence for law enforcement.
We do not quite understand what you are talking about. And what do law enforcement do

As a libertarian I do not support governments and if I get it right this coin is made for bureaucrats. Aren't we supposed to build a free society?
Our project has nothing to do with political issues. This discussion is not appropriate.

Amazon book Blockchain Prophecy has only 8 reviews and one of them mentioned Bankcoin in February 10, 2018. What have you done in 2 years?
Thanks for the question. 2 years - of course you have rounded. But in any case, the project did not stand still and all that you see now is the result of work during this time.

What blockchain are you using for building and developing this coin? Where can I read more about your creators? You need to be more transparent with your user base.
All information about the project and its development is available on our website https://bankcoinreserve.io
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 27, 2019, 11:12:27 AM
What advantages does Bankcoin Reserve hold for sharia-compliant financial institutions?

🔸 Bankcoin Reserve is the first real sharia-compliant banking product that removes riba, usury and interest;
🔸 Bankcoin Reserve Coin generates a 10% profit thanks to the patented blockchain innovation technology;
🔸 The new product will attract new clients from the Islamic world for the financial institutions since it’s 100% compliant with the Islamic law;
🔸 A new market primarily interested in cryptocurrencies will see it as a viable bridge into the traditional financial services;
🔸 Fixed-term deposits become virtually free for the bank since the funds will be stored in Bankcoin Reserve Coin;
🔸 After a fixed-term deposit runs out, the purchased Bankcoin Reserve Coins will continue generating a 10% profit;
🔸 After a loan is paid off, Bankcoin Reserve Coin will continue generating a 10% profit.

🔺 To find out about other advantages Bankcoin Reserve has, visit https://bankcoinreserve.io.


16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 26, 2019, 09:53:55 AM
do you have an office ?"
Or is the team now working in a remote workplace ? It's just that I'd like to meet with the team members if I get the chance.
Maybe later the team will meet

Hello everyone!
tell me please wallet for Mac is already available ?
And I need to leave a phone number in order to download this wallet ?
Hello. The Digital Wallet application is available on the Windows, MacOS and Linux platforms.
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 26, 2019, 09:49:18 AM
How will Bankcoin Reserve bring its users profit?

🔸 Islamic banking requires full transparency, so the Bankcoin Reserve technology serves as a warrant that transactions across the entire network are in line with Sharia – for accountants, auditors, organizations and clients.

📍 However, the question remains: how do Bankcoin Reserve users extract profits from the network while abiding by the Sharia law?

🔸 Since Bankcoin Reserve Coin runs a Proof-of-Stake (PoS) blockchain and only allows legitimate transactions auditable through its patented transparency mechanisms. This feature doubles as a means of secondary mining that replaces interest, riba and usury with honest savings and profits.

🔸 Thus, thanks to Bankcoin Reserve, the forbidden aspects of the traditional financial model will be replaced by an honest profit model!

🔺 To find out how your profit is formed within the Bankcoin Reserve system, visit https://bankcoinreserve.io.

18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 25, 2019, 10:44:50 AM
What is innovational about the Bankcoin Reserve project?

🔹 Bankcoin Reserve opens up new ways for banks, financial institutions and funds of the world to provide ethical loans and financing that are in line with Sharia – usury-free deposits and loans with no riba or interest rates.

🔹 Thanks to Bankcoin Reserve, financial institutions, funds and banks will be able to receive profit from an internal cryptocurrency instead of interest and commissions (usury). The blockchain underpinning the cryptocurrency will streamline the coin creation process and facilitate commission revenue from securing transactions.

🔹 The Bankcoin Reserve digital wallet has a built-in block explorer that allows sharia-compliant institutions to track the transactions of their clients.

🔺 To learn more about the Bankcoin Reserve project, visit https://bankcoinreserve.io.

19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 24, 2019, 09:33:34 AM
Why does compliance with Sharia law make Bankcoin Reserve unique?

🔹 The matter is, Islamic banking and finance follows the Sharia law that forbids riba – or usury – unjust exploitative gains made in trade or business. This is why commission fees and interest on loans or investments into businesses selling commodities or services are considered to be against the Islamic law and therefore, haram (forbidden in Arabic).

🔹 The Bankcoin Reserve Coin patented innovation solves all the problems of the modern financial and banking sector that isn’t in line with Sharia finance, spearheading the transition of Islamic banking to the 21st century with blockchain!

🔺 To learn more about how Bankcoin Reserve Coin complies with Sharia law, visit our website at https://bankcoinreserve.io/.

20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bankcoin Reserve - transparency using blockchain technology on: December 23, 2019, 03:33:07 PM
tell me where to read more about your patents and what you plan to offer for business and new partners ?
I wonder what innovations the wallet will have.
All information is on our website https://bankcoinreserve.io. We also talk about the project in our posts.

______________________________________________________________________________

What makes Bankcoin Reserve Coin stand out?

🔸 Bankcoin Reserve – is the innovation the Islamic financial world has been in dire need for centuries. It is thoroughly auditable and fully compliant with the moral and ethical tenets of Sharia.

🔸 The most unique feature of Bankcoin Reserve Coin is its innovative patented blockchain that is also fully compliant with Sharia law. The patent (2017100426) contains a number of aspects from 6 sharia-compliant patents registered earlier:

1. Savings and deposits – patent 2014101156
2. Loans and finance – patent 2014101277
3. New monetary system – patent 2014101324
4. Private placement and high-yield investments – patent 2016100394
5. Stock and bond management – patent 2016100178
6. Franchise innovation – patent 2017100375

🔺 For more information, please visit the official Bankcoin Reserve website at https://bankcoinreserve.io.

Pages: [1] 2 3 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!