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Author Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency  (Read 384457 times)
crypto_ty
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August 29, 2017, 09:46:13 PM
 #2201

https://ibb.co/djsphQ

WOW! So now BCC is planning on publishing their user's information if they do not return coins. Is this not troubling they are going to post this private user data? With all the mistakes they are making who knows if it will actually be the correct users or not...
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August 29, 2017, 10:01:39 PM
 #2202

https://ibb.co/djsphQ

WOW! So now BCC is planning on publishing their user's information if they do not return coins. Is this not troubling they are going to post this private user data? With all the mistakes they are making who knows if it will actually be the correct users or not...

If they say how much is owed we could add it up.....  people have plenty of time to return it. It's interesting they mention BCH as that was just a simple wallet with no possibility of exchanging the funds for anything else and haven't heard about any problems with it but it's possible it had some glitch too.
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August 29, 2017, 10:22:36 PM
Last edit: August 29, 2017, 10:34:28 PM by stupido656
 #2203

big fucking ponzi scam

That Craig Grant isn't looking good lol https://www.youtube.com/watch?v=rzkuJi4FNJs

Well bitconnect is making loads of profit and it would be quite easy to work out when they might get in trouble because their coin value would plummet and that would be the real test (if they do it properly then the lenders would be safe). That would be their real test. Actually, disabling BTC withdrawels means people can't take advantage of higher prices of their coin on their exchange by buying it on other exchanges and selling it on bitconnect (they can do but the BTC is stuck there). People would not be buying BCC on their exchange either as there is no way of getting BTC there, so basically the price is stuck at the moment... but obviously people can sell their BCC there for more BTC as the price is about 10% higher. So I'm surprised the coin hasn't gone down while they fix their BTC wallet.


Bitconnect Dashboard is down now....can log in but HTTP 500 error on the dashboard and doesn't load....other people reporting it.

https://i.imgur.com/lCXKzbr.jpg
"Say it ain't so, BitConnect. Say it ain't so!"  Cry Cry Cry

Bonus link NSFW: https://www.pinterest.pt/source/julieestiva.tumblr.com/


Yeah it was on that youtube video I gave in the description. Seems like he's a bit of a hustler at least. Bitconnect aren't actually insolvent though but not sure most people realise that. The dashboard is working and I sent them 3BCC just before it went down to see if the deposit worked and surprisingly it was in the account as soon as the dashboard came back up. So no problems there. I've got another 10 BCC so will probably stake them in the desktop wallet. You make more money on average just holding the coins.

By the way, the speed of deposits/withdrawels are really fast compared to bitcoin... they seem to be almost instant (in fact the timestamp on bitconnect is a few seconds before livecoin lol).
Of course BitConnect is insolvent, if BitConnect was to close down right now they would have no way to pay back all the loans because they have no magic volatility trading bot they just paying customers with customer money until they stop growing and the ponzi collapse. You could argue they have millions of BCC tokens worth 130$ each but if they were to try sell even 100,000 of theese tokens the price would drop to 0$ each. If BitConnect was solvent they would have nothing to hide and be open about their bitcoin addresses, loans and everything like every other solvent crypto company.

BTW FOR PEOPLE WHO WANT FREE BITCOINS:
If you have a account on BitConnect search for some of their old deposit addresses thru like some youtube videos where you see people deposit/withdraw and find the transaction IDs and bitcoin amounts from the days they had the glitch and claim you are the one who sent those, im 99% sure they will pay you because they are not asking for any other evidence like signing the bitcoin transaction, you only need to provide information you can find publicly on the blockchain to get credited on your BitConnect account.

But be fast, this is probably a first claim first get type of situation I think so they will only credit each transaction ID one time. They have no way to connect the payments they got with accounts, this is why they manually paying people who provide transaction ID but this is public information for anyone to find so they are really screwd unless they change it so people need to start signing the bitcoin transactions but this would fuck them too because not all people can sign the payments.

You want people to steal other people's deposits now? Yes, bitconnect are more than solvent, they are making money from their loan system as they pay back less BCC after all the interest and capital is returned as the coin has gone up in value. It's like they are sharing the growth with the lenders, not to mention the growth of the BTC they also probably keep as collateral for the loans (I forgot about that part before). I can't be bothered to keep explaining it on here. The bottom line is bitconnect are in profit and don't need new money coming in to pay the loans. They give back less BCC than customers initially give them which includes the USD value of all the interest and capital returned.

By the way, that Trevon is such a cheeky sod, I saw his latest videos and he's also going on about some Ponzi scam coin called EmberCoin paying ridiculous interest per day (not even sure how much) but I looked it up on coinmarketcap and it's obviously f'd up as the max supply is only 850million coins but there are now 14 billion on the market and it's going to grow to trillions at this rate..... something not right. The reason I mention Trevon or whatever his name is, is that he keeps saying he wants to keep EMB a 'secret' and doesn't want to talk about it yet and keep it to himself but kept going on about it on his channel so he obviously wants people to invest by making it seem like it's something he doesn't want to mention yet.


So you are admitting the system is a ponzi scheme that only works if the BCC token keeps going up in price? When BitConnect stops growing which it eventually will the price of BCC will stop going up and whole thing will collapse extremely fast because they will be giving out more BCC deflating the price of BCC tokens to 0$ within a very short time and they will not be able to even pay back the loans of people because they will be bankrupt with worthless BCC tokens and some bitcoins that would not even be able to cover half of the customer loans.
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August 29, 2017, 11:48:25 PM
 #2204

big fucking ponzi scam

That Craig Grant isn't looking good lol https://www.youtube.com/watch?v=rzkuJi4FNJs

Well bitconnect is making loads of profit and it would be quite easy to work out when they might get in trouble because their coin value would plummet and that would be the real test (if they do it properly then the lenders would be safe). That would be their real test. Actually, disabling BTC withdrawels means people can't take advantage of higher prices of their coin on their exchange by buying it on other exchanges and selling it on bitconnect (they can do but the BTC is stuck there). People would not be buying BCC on their exchange either as there is no way of getting BTC there, so basically the price is stuck at the moment... but obviously people can sell their BCC there for more BTC as the price is about 10% higher. So I'm surprised the coin hasn't gone down while they fix their BTC wallet.


Bitconnect Dashboard is down now....can log in but HTTP 500 error on the dashboard and doesn't load....other people reporting it.


"Say it ain't so, BitConnect. Say it ain't so!"  Cry Cry Cry

Bonus link NSFW: https://www.pinterest.pt/source/julieestiva.tumblr.com/


Yeah it was on that youtube video I gave in the description. Seems like he's a bit of a hustler at least. Bitconnect aren't actually insolvent though but not sure most people realise that. The dashboard is working and I sent them 3BCC just before it went down to see if the deposit worked and surprisingly it was in the account as soon as the dashboard came back up. So no problems there. I've got another 10 BCC so will probably stake them in the desktop wallet. You make more money on average just holding the coins.

By the way, the speed of deposits/withdrawels are really fast compared to bitcoin... they seem to be almost instant (in fact the timestamp on bitconnect is a few seconds before livecoin lol).
Of course BitConnect is insolvent, if BitConnect was to close down right now they would have no way to pay back all the loans because they have no magic volatility trading bot they just paying customers with customer money until they stop growing and the ponzi collapse. You could argue they have millions of BCC tokens worth 130$ each but if they were to try sell even 100,000 of theese tokens the price would drop to 0$ each. If BitConnect was solvent they would have nothing to hide and be open about their bitcoin addresses, loans and everything like every other solvent crypto company.

BTW FOR PEOPLE WHO WANT FREE BITCOINS:
If you have a account on BitConnect search for some of their old deposit addresses thru like some youtube videos where you see people deposit/withdraw and find the transaction IDs and bitcoin amounts from the days they had the glitch and claim you are the one who sent those, im 99% sure they will pay you because they are not asking for any other evidence like signing the bitcoin transaction, you only need to provide information you can find publicly on the blockchain to get credited on your BitConnect account.

But be fast, this is probably a first claim first get type of situation I think so they will only credit each transaction ID one time. They have no way to connect the payments they got with accounts, this is why they manually paying people who provide transaction ID but this is public information for anyone to find so they are really screwd unless they change it so people need to start signing the bitcoin transactions but this would fuck them too because not all people can sign the payments.

You want people to steal other people's deposits now? Yes, bitconnect are more than solvent, they are making money from their loan system as they pay back less BCC after all the interest and capital is returned as the coin has gone up in value. It's like they are sharing the growth with the lenders, not to mention the growth of the BTC they also probably keep as collateral for the loans (I forgot about that part before). I can't be bothered to keep explaining it on here. The bottom line is bitconnect are in profit and don't need new money coming in to pay the loans. They give back less BCC than customers initially give them which includes the USD value of all the interest and capital returned.

By the way, that Trevon is such a cheeky sod, I saw his latest videos and he's also going on about some Ponzi scam coin called EmberCoin paying ridiculous interest per day (not even sure how much) but I looked it up on coinmarketcap and it's obviously f'd up as the max supply is only 850million coins but there are now 14 billion on the market and it's going to grow to trillions at this rate..... something not right. The reason I mention Trevon or whatever his name is, is that he keeps saying he wants to keep EMB a 'secret' and doesn't want to talk about it yet and keep it to himself but kept going on about it on his channel so he obviously wants people to invest by making it seem like it's something he doesn't want to mention yet.


So you are admitting the system is a ponzi scheme that only works if the BCC token keeps going up in price? When BitConnect stops growing which it eventually will the price of BCC will stop going up and whole thing will collapse extremely fast because they will be giving out more BCC deflating the price of BCC tokens to 0$ within a very short time and they will not be able to even pay back the loans of people because they will be bankrupt with worthless BCC tokens and some bitcoins that would not even be able to cover half of the customer loans.

Exactly what I tried to say to him. He either doesn't understand or doesn't want to believe.
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August 30, 2017, 12:16:31 AM
 #2205

Grin i was reading the last 30 pages for a few hours and this topic is better then every fucking hollywoodmovie... it has everything inside, rough talking, dramatic, investigation, losers/winners and now a big cliffhanger... im really nervous about the finale episode!!  Roll Eyes
Gleb, they didnt paid you 1m, but seriously, how much?  Cool


4 hen ducks and a hamster. Please don't ask what happened to the hamster.  Shocked Shocked Shocked
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August 30, 2017, 12:21:48 AM
 #2206


https://ibb.co/djsphQ

WOW! So now BCC is planning on publishing their user's information if they do not return coins. Is this not troubling they are going to post this private user data? With all the mistakes they are making who knows if it will actually be the correct users or not...



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August 30, 2017, 12:30:47 AM
 #2207

Grin i was reading the last 30 pages for a few hours and this topic is better then every fucking hollywoodmovie... it has everything inside, rough talking, dramatic, investigation, losers/winners and now a big cliffhanger... im really nervous about the finale episode!!  Roll Eyes
Gleb, they didnt paid you 1m, but seriously, how much?  Cool


4 hen ducks and a hamster. Please don't ask what happened to the hamster.  Shocked Shocked Shocked
Cheesy Cheesy I'm beginning to fall in love to Gleb/Bruno he puts a lot of drama on every thread he's in I'm watching and following this thread and see where it leads to but the price of Bitconnectcoin is not changing at all it should be down with all the drama,
is this thread not very popular Bitconnectcoin topic?

..Stake.com..   ▄████████████████████████████████████▄
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..PLAY NOW..
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August 30, 2017, 12:43:59 AM
 #2208

Grin i was reading the last 30 pages for a few hours and this topic is better then every fucking hollywoodmovie... it has everything inside, rough talking, dramatic, investigation, losers/winners and now a big cliffhanger... im really nervous about the finale episode!!  Roll Eyes
Gleb, they didnt paid you 1m, but seriously, how much?  Cool


4 hen ducks and a hamster. Please don't ask what happened to the hamster.  Shocked Shocked Shocked
Cheesy Cheesy I'm beginning to fall in love to Gleb/Bruno he puts a lot of drama on every thread he's in I'm watching and following this thread and see where it leads to but the price of Bitconnectcoin is not changing at all it should be down with all the drama,
is this thread not very popular Bitconnectcoin topic?

I would reply further but my replacement hamster just arrived and is in position for its travels.

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August 30, 2017, 12:44:51 AM
 #2209

Grin i was reading the last 30 pages for a few hours and this topic is better then every fucking hollywoodmovie... it has everything inside, rough talking, dramatic, investigation, losers/winners and now a big cliffhanger... im really nervous about the finale episode!!  Roll Eyes
Gleb, they didnt paid you 1m, but seriously, how much?  Cool

They paid him with a free trip to Thailand with the other investors.
But I am thinking he will be having a resort room all to him self once this is done.

I am sure he won't mind that one bit! Wink
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August 30, 2017, 01:19:03 AM
 #2210

Grin i was reading the last 30 pages for a few hours and this topic is better then every fucking hollywoodmovie... it has everything inside, rough talking, dramatic, investigation, losers/winners and now a big cliffhanger... im really nervous about the finale episode!!  Roll Eyes
Gleb, they didnt paid you 1m, but seriously, how much?  Cool

They paid him with a free trip to Thailand with the other investors.
But I am thinking he will be having a resort room all to him self once this is done.

I am sure he won't mind that one bit! Wink

That's boring, they should provide him with escort girls so he can fully relax there are a lot of threads to look up for another pay
that's the kind of job I like to do than just claiming a bounty.

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August 30, 2017, 03:22:03 AM
 #2211

The day is coming where something very, very similar to the below will be put forth:

Quote
From the desk of Ken Fitzsimmons, operator of Bitconnect.ei.ei.o

                          For immediate release.

There are a lot of unanswered questions floating around on the Bitcoin
forum and other places about the recent Mtgox password leak, and theft
from the MyBitcoin system.

I will attempt to answer as many of the questions and concerns as best
as I can in order to silence the rumor-mill once and for all.

As many of you already know, Mtgox was hacked and its password file was
leaked. As soon as we heard about the leak we were closely monitoring
the system for abnormal activity, and we didn't see any.

At first glance, we didn't see any hard evidence that a password leak
had even occurred. There was just a lot of speculation to an SQL
injection vulnerability in Mtgox's site. A few clients of ours had
informed us of the forum threads, and we watched them carefully.

The following morning a client of ours sent us the download link to the
leaked Mtgox password file. We prompty downloaded the file, put up a
warning on the main page, and disabled the login.

We attempted to line up usernames from the leak, and we found a lot of
matching ones. We started locking down all of those accounts using a
script that we had to have written at a moment's notice. It was during
this time that we noticed a flurry of spends happening.
Yes, even with
the site disabled.


The attacker had active sessions open to the site. We quickly flushed
them and the spends stopped abruptly.
We disabled the SCI, all payment
forwarding, and all receipt URL traffic on all of the usernames in the
Mtgox leak.

We proceeded to change the password on every account where the username
matched our system's database. PGP-signed emails went out to all of the
accounts that we changed the password on. If an account didn't have an
email address or had already been compromised we put up a bulletin.
(Email addresses were mandatory when we opened our service initially,
but people complained that it wasn't truly anonymous so we made them
optional. Unfortunately this makes contacting a security-compromised
customer impossible.
)


An investigation was conducted at that time, and we determined that the
attacker had opened up a session to each active user/password pair ahead
of time, solved the captcha, and used some sort of bot to maintain a
connection so our system wouldn't timeout on the session. It was likely
his intent to gain access to more accounts than he did, but as soon as
he noticed that we had changed the main page of the site he sprung into
action by sending a flurry of spends.

(Before you ask: no, we don't limit logins per IP address. We can't. We
have a lot of users that come in from Tor and I2P that all appear to
share the same source IP address.)

We've concluded that around 1% of the users on the leaked Mtgox password
file had their Bitcoins stolen on MyBitcoin. It is unfortunate, and a
horrible experience for the Bitcoin community in general.

The IP address that the attacker used was a Tor exit node and the spends
were to an address that is outside of our system.

Now to address the rumors:

No, our database wasn't compromised.
We had a 3rd party company audit
our site for SQL injection attacks and we passed. (We did, however, have
one XSS hole in the address book page last month that would allow an
attacker to insert fake entries into a customer's address book. It was
promptly fixed and offending address book entries were purged. Not a
single customer had spent to the fake address book entries.) Every line
of code was audited last month. Literally line by line audited by
professionals, and it was deemed safe.

No, this site isn't being ran by some amateur that just learned how to
program computers. It was created by seasoned programmers that
understand security.


Yes, we use password encryption. We are currently using SHA-256, but
since the recent Mtgox hack we will be upgrading that to something
stronger. It's surprising how many sites still use MD5, even though it
was broken years ago. It is my personal opinion that MD5 be deprecated
from modern operating systems.

We also use whole-disk level encryption on every single one of our
servers. When you fail a disk in a NOC and a level 1 technician replaces
it does he wipe the disk before the RMA/tossing it in the garbage? Not
usually! We know these mistakes happen, so we take precautions. Any and
all servers with an IP KVM on them are ran in secure console mode. The
root passwords are required even for single user mode. All disk keys are
held off-site and were never generated anywhere near the internet. All
server passwords are unique per server and per user, of course. Only two
technicians have access to the secure servers. This access is over a VPN
and we only use secured workstations running Linux and BSD to access
them.

We use BSD servers with MAC, immutable flags, jails, PAX, SSP,
randomized mmap, secure level, a WAF, a DDoS mitigation and alert system
- -- the works. Like I said earlier. We are not amateurs. In fact,
combined we have over 30 years of experience in the payment
processing (credit card arena) industry.

A large amount of the Bitcoin holding is in cold (offline) storage. We
only have a percentage of the holding available hot. This is done for
obvious reasons.


Going forward we are implementing a 2-factor login system,
user-configurable spend limits, better session token tumbling, and a
bunch of new SCI features.

Wishing the Bitcoin community all the best and a swift recovery, and
sincerely yours,



Ken Fitzsimmons
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August 30, 2017, 05:31:18 AM
 #2212

The profits they are sharing from the price increase may just be part of it (I'm sure they could profit on their exchange too with a bot), but obviously if the coin crashes only the lenders should be guaranteed which I already explained how they should do it as they have both the bitcoin for collateral (if they are majority buyers of it on the exchange with their BCC) and also the BCC that customers give up to them temporarily when they lend. There is nothing guaranteeing the investment of any coin holders in the crypto world but at least their system should guarantee the capital (useful for crypto investors who want to guarantee their capital and possible interest). The fact is they do not need new money coming in to pay off all their liabilities. The profits they are making should also stand them in good stead for the future.
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August 30, 2017, 05:43:26 AM
 #2213

I don't know why but I can't stop reading this thread...what has become of me?
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August 30, 2017, 06:02:04 AM
 #2214

I don't know why but I can't stop reading this thread...what has become of me?
It is just like everyone else actually.

It is interesting to see how this unfolds.

The best income earner for most people destroying itself day by day with all the complications and technical issues.

Like a fire unfolding before your eyes.

You can not look away and just want to see what is left after the flames subside and there is just rubble and ruin left.

Just funny how Gleb the #1 instigator of it's demise has seem to feel sorry for them and not attacking them but putting up their bulletins instead out of advising people who invested in them or what happened.

A glint of remorse from the crown prince of terror of any scammers who dares mess with his community perhaps? Undecided
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August 30, 2017, 09:02:25 AM
 #2215

With all the drama look here there's a 10% increase, this is huge are these buyers not a fan of bitcointalk or they knew this is an old tirade against Bitcoin anyway since the start of Bitconnectcoin this has always been the scenario, post Bitconnectcoin as a ponzi scheme, the next day the price jump.

..Stake.com..   ▄████████████████████████████████████▄
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..PLAY NOW..
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August 30, 2017, 01:06:21 PM
Last edit: August 30, 2017, 01:17:47 PM by AGM76
 #2216

Looked at some random posts from much earlier on this thread. Apparently someone was talking to the developers and they were Chinese (I had a feeling they were - they are even cleverer than Gleb overall). Also he wanted to sell his 1500 coins but someone warned him that it had potential and might get to $10 (ten dollars!!) by the end of the year and it wasn't a good idea to sell Tongue  SERIOUSLY THAT WOULD GET HIM ABOUT $2K A DAY NOW IN INTEREST IF HE LENT IT ON THE PLATFORM (1500 coins are now worth around $200K)

Quote
I was logged in when the spike to 0.0049 happened today. I just wanted to withdraw BCC when it threw the password error (which seems to be fixed now btw), it was crazy.

Anyway, I still cannot decide whether this is a very elaborate ponzi/scam or something really genuine just too attention seeking.

Here are my concerns:
  • The whole site is too hypey, if you know what I mean. Typical "come here and get rich quick, it's not much time left" type of stuff all over their Google+ and elsewhere, like here: https://plus.google.com/111933514737993926117/posts/ZeMS3TksiYN
  • Obvious typos here and there in marketing texts (well, can happen, but still).
  • The lead developer is "Satao Nakamoto". Yeah right. Must be Satoshi's brother...
  • Who are the devs? OK Bitconnect Ltd, but who is the founder, who and where are the devs?
  • The wallet source code on github ( https://github.com/bitconnectcoin/bitconnectcoin ) hasn't been updated in quite a while, and the source is basically a single huge dump of code in one commit. All other commits are just cosmetics.
  • The website is laggy as hell, I get many timeouts or 503 Service Unavailabe errors, trading on the exchange sometimes just spins and have to reload page. Or is it just me?

BUT, here's where it's interesing. The stuff actually works, the exchange, the wallet, etc.
This is not FUD guys, just due diligence.
So if anyone has any more info to answer the above concerns, I'd be happy to hear it!

First of all why not to post this from your original account?
The team developers are based in china At-least what i received as message from the owner during ICO on skype, i had a  full conversation with one of the developer on whats app.
Bitconnect lending platform has been here for more than 2 years and hey have established the faith that is required.
I will suggest anyone living in china to visit their place and prove the stuffs here clearly, I have do talked with the Chief Marketing Manager on skype an d they told me that they will organize some meet-ups soon.


Quote
Have 1500 BCC coin that were invested during ICO, due to lack of time for maintaining different altcoins for trading i am selling them for best possible price.

Trading Thread: https://bitcointalk.org/index.php?topic=1841535

Cannot you just sell it at the BCC exchange? Or am I missing something?

I am wishing to handover my ICO account as a whole. selling on exchanges will incur some taxes as a result i will get quite low Money so why not to trade the whole shit without taxes Smiley

Still Up for Trade: https://bitcointalk.org/index.php?topic=1841535
Bitconnectcoin has huge potential,it could go up to $10 before the end of this year it's sad that you want to sell all your bcc anyway with the current price,you are in a profit already,lots of development on going now on Bitconnectcoin.


Or even $5 this year hehe

Quote
what price at ico?

The ico price was $2 if you look at the current price now it now range from $ 2.70 to $3 so if you are one of the early ico investors you are in a good profit already,not only that the price is increasing daily so it could go up to $5 or more possibly this year.


This ICO was less than $1, though. Up to 1400 per bitcoin when bitcoin was low.
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August 30, 2017, 02:42:53 PM
 #2217

anyone mining this coin via bcc.coin-miners.info?

are there any extra settings? to set difficulty on L3+


Also, there isn't a BCC wallet in andoird anymore?
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August 30, 2017, 02:51:45 PM
 #2218

Hi, is there any Bitconnect developer here?

I'm from the SuperNet community that is preparing the launch of BarterDex, a cross-chain atomic-swap exchange. I'm not a developer but I follow the ongoing tests of new coins, from what I've been reading Bitconnect is one of the coins that needs the gttxout api call in order to be supported. This should be easy to do. Maybe the Bitconnect team is already in contact, if not I suggest to use the form on the BarterDex website or join SuperNet Slack for info and technical support.

About BarterDex:
Article: http://coremedia.info/blockchain-news/item/836-barterdex-atomic-swaps-made-easy
Video intro: https://www.youtube.com/watch?v=XovwcWnZ9vM
Video example of trade: https://www.youtube.com/watch?v=bf371VQRh0M
Whitepaper: https://supernet.org/en/technology/whitepapers/barterdex-a-practical-native-dex


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August 30, 2017, 02:58:39 PM
 #2219

wait 2 hour again
i hope problem BCC can solved
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August 30, 2017, 03:11:01 PM
 #2220

anyone mining this coin via bcc.coin-miners.info?

are there any extra settings? to set the difficulty on L3+


Also, there isn't a BCC wallet in andoird anymore?

Hello

You don't need to set anything for the difficulty because the stratum will decide what difficulty to set for your miner just use this stratum port  to mine 6432




By the way i provide 2 types of pools , one is PPLNS https://bcc.coin-miners.info  and the second one is PROP  https://bccprop.coin-miners.info/

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