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Author Topic: BITCONNECT - Connecting Every Bitcoin User  (Read 1060 times)
Hellacopter (OP)
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March 22, 2016, 01:39:08 AM
 #1

BitConnect is an open-source platform where you can buy, sell and trade bitcoins to the other trusted community members. Bitconnect system members interact directly with each other in a peer to peer fashion, enabling buy, sell or lend operations to all other members. Bitconnect was not formed to be a company nor financial institution but to function as a collective. Our mission is to make Bitcoin the main payment system in use by the world. We propose bolstering bitcoin acceptance by providing this peer-to-peer community where all members interact directly with each other. To accomplish this, we have provided you with several modules designed to connect you to our marketplace. Some of these modules include Buying, Selling, Lending, and listings services (where we act as the bitcoin payment custodian on your behalf.) Bitconnect has designed these modules from the ground up to provide extensive verification and security so that the highest ranked service providers are promoted first, providing an opportunity for honest participants to earn supplemental income or procure bitcoin through our product offering.

How does Bitconnect System work?




Bitconnect system is divided into four major modules. They work independently of one another but do contain a linked integrated feedback system used to enforce quality and reputation parameters on the system. Each Bitconnect member receives a feedback for each completed transaction for each given module.

Bitcoin lending platform (Community Lending)




Bitconnect members can potentially earn Bitcoin through peer-lending to other trusted community members. Using our Peer rating system, we can help you best identify potential microloan opportunities to earn a substantial return on your investment! Let us do the hard work of vetting qualified collateral holders so you can rest easy and let your investment do the heavy lifting.

Bitcoin trading platform (Buy and Sell Bitcoins)



Bitconnect Trading Module allows members to exchange their bitcoins to other trusted community members. Only qualified community members may use the trading module to create trade advertisements with the exchange rate and mode of payment they prefer. All other bitconnect members can browse these trade advertisements to buy or sell bitcoins.

To post trade advertisement, all members are required to unlock this feature by gathering a minimum of 500 transaction feedbacks from the community, through utilizing the Bitcoin Lending module, no exceptions.

Bitcoin e-commerce platform (Buy and Sell Products with bitcoins)



This third bitconnect module allows the ability to create listings for other members to buy or sell your goods & services using bitcoin as a payment processor. To become a registered vendor you need minimum 1000 transaction feedback from previous modules to submit product listings through seller portal. This is necessary for trust verification set by the Bitconnect system.

Bit Store (Local bitcoin store)



Bitconnect final module is called a BitStore. This is an official Bitconnect store equipped with bitcoin ATM to serve the local community. As this level has special functionality, all accounts must be verified and peer-determined and limited in issue.

Visit BITCONNECT
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ashkanb
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March 27, 2016, 05:22:07 PM
 #2

has anyone been using these services?

Quote
Let us do the hard work of vetting qualified collateral holders -snip-.
how exactly do you make those assessments?!

and i'm quite confused about this:
Quote
Bitconnect system members interact directly with each other in a peer to peer fashion -snip-
Quote
You are lending your bitcoin to the entire trusted bitconnect community.

so do you lend to a person directly or a pool?
and if some ppl default others will be responsible to pay their debts?!
Blawpaw
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March 27, 2016, 07:10:45 PM
 #3

The site looks great. You seem to have a very nice and original business model. By trying to make a craigs list style exchange you're introducing a n ew and unique service in the industry
zenitzz
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March 27, 2016, 07:14:34 PM
 #4

what collateral are you hold is bitcointalk account  or just only need verified id card to using lending option on your services site.
onlinedragon
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March 27, 2016, 07:16:56 PM
 #5

This look great what about the trust of this new service.
Monnt
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March 27, 2016, 07:33:48 PM
 #6

The site looks amazing. It's an all-in-one, basically.


Do you have any devs that are trusted within this community and can vouch for you? Smiley
equator
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March 27, 2016, 07:52:01 PM
 #7

I think OP after starting the thread has left it , and did not turned up till today , march 22 the thread created and only todays post are their, and even OP is not replying the comments who have got some question to get answer.

Beware about this site, as i am seeing that their is no much security with the account, even when creating account dont use the regular details so that in future you should not get in problem with the hacking or scam like this.
btcads
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April 02, 2016, 12:45:33 PM
 #8

Looks awesome service getting numerous facilities from just one website!
Never seen a site like this. Nice idea SIR! Smiley
sana54210
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April 02, 2016, 02:35:35 PM
 #9

Looks awesome service getting numerous facilities from just one website!
Never seen a site like this. Nice idea SIR! Smiley
Exactly. It is really great to have bitcoin trading and bitcoin lending at the same platform. More over, the member to member trading will get more appreciations among many bitcoiners here for sure.
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April 02, 2016, 03:23:16 PM
 #10

I'd like to use the lending option but for identification you need passport and proof of address. it is asking for government issued identification card so what if you dont have that is it ok to just send the two that i mentioned above?

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April 02, 2016, 03:39:00 PM
 #11

You have a superb concept. All in one place.

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April 03, 2016, 04:22:44 PM
 #12

This look great what about the trust of this new service.
Yes it will take long for any lending platform like this to build trust before getting large platform.
Good luck with the new platform to OP, will check your service later.

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April 03, 2016, 07:22:18 PM
 #13

really good concept,i'm sure many people would interest with this,but i dont see many people comment on this thread,maybe you should make signature campaign for this site,its if you have good funds for do that Wink
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June 12, 2017, 04:03:49 AM
Last edit: June 12, 2017, 01:35:05 PM by taldrknlovly
 #14

For those of you who are asking the question of whether anyone has used Bitconnect, I have and I am very pleased and quite impressed.


What I like most is that there are no borrowers to default on any loans.

Check out my video all about it: https://youtu.be/lSwHtp7XwZw


It really is a good idea.
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June 12, 2017, 02:18:24 PM
 #15

Lending is a good way to get more from your bitcoins, but it needs to be really trustworthy. Just one user, with only a single message telling this one goes great is not a sufficient guarantee...

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June 12, 2017, 04:24:09 PM
 #16

Trading and lending become one, but you must have a good much of balance for lending if you want to get a hugh income with compound's platform. Cool

¦ ¦ ¦¦   .ZAPcoin.....¦¦¦¦   EVERYONE SHOULD HAVE IT¦¦¦¦   . ZAPcoin        ¦¦¦¦
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