[ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency

[zintips]

I know for sure these are not regulated or illegal in the UK and no courts in the USA have ever decided they would be classed as a security in terms of any case law, unless you know of any?

The SEC has been going after crypto ponzis for years, see my signature for one example. They have also issued warnings regarding ICOs and enforcement is likely to come.

But ponzis are illegal anyway, regardless of securities violations or lack thereof.

=========================================

For crypto-currency ICOs heading center is the "British Indian Ocean Territory", home of "Diego Garcia" NSA base as the next incognito Crown jewels to compete Wall Street IPOs.

[zintips]

Want to know something funny?

Staking yield was much better than the lending platform.

Min age is 15 day, max age is 30 days compounding at 10% a month the first 6 months and 8% the second 6 months.

That would have given you 3.4x the amount of coins in 1 year.

Let's say you bought 1000 coins at $1, staked them, and sold them at $400 (9 month period), that is about 3x the amount.

You would have made approximately $1.2 million

If you had bought $1000 worth and put it in the lending platform during the same 9 month period.

You would have approximately $14,000

Technically speaking, the lending platform was actually on par or even slightly less at times than the appreciation of just hodling BTC.

========================================================

TOTALLY, untruth, staking is unreliable and does not pay as stated. I held 72 coins for almost 2 months waiting for staking rewards and only received meager mint rewards and many failed mints while keeping wallet unlocked using my pc power, not even 0.5% was received in coins during the time the staking wallet was activated and coins applied etc. no one to complain to. Lending wallet always paid but as we all know it was all a farce as lenders got screwed with useless bcc coins now only $7, technically they are worth Zero and so are the bCCX coins, most likely bitconnect-X will be another Ethconnect. They will never open the site.

Buy Bitconnect X (BCCX) Your today's buy Limit : 100 BCCX
Today's ICO Sell limit: 261333 Coins for 24 hours. The sell limit will reset at 12 AM (UTC).
Total sold today : 6,191.64377363   Total available for sell : 255,141.35622637

Interesting now that BCC coins were activated back to market price rather than the illusionary $150 price promotion BS, now nobody is even buying the BCCX coin. While it was $150 no sales were made with a site plagued with time-out, false screens and sales only to BTC or LTC coins. Now with BCC coins at $7, 2 hours later after reset time 95% of the coins daily quota for sale are still unpurchased!!!!!! not even the BCC coin hodlers want to buy the BCCX coins. BCCX coins are a failure. At some time they will have to lower the BCCX coins to $0.05 per coin and I doubt still no one will buy. Like Ethconnect sister company, these thieves are running wild with their purses somewhere hidden within the corporate umbrella and crown empire protection.

[muf18]

Told all you from may it's a scam, i dont even feel sorry now.
It's people's fault for being stupid and ignorant.
The same can come to tether.
Btw. If someone was smart he could played trick with this bcc sheet, buy for 0.2-0.5usd and sell for 100-200-300 usd this worthless token, could make someone really rich.

[baristor]

due to this exit strategy I lost 25$ of my initial `100$ investment thats only if I could exchange my bcc to their bccx in time.

Now I have 7.5$ (0.5 bccs)  left from my 100$ investment which i made 2 weeks ago.

Good one BitConnect.

[CryptoVester]

It says in order for staking to work the QT wallet needs to be unlocked but whenever restarting the wallet it becomes locked again. 

How to make it unlocked always even when closing the wallet?

[YuTü.Co.in]

due to this exit strategy I lost 25$ of my initial `100$ investment thats only if I could exchange my bcc to their bccx in time.

Now I have 7.5$ (0.5 bccs)  left from my 100$ investment which i made 2 weeks ago.

Good one BitConnect.

Let me guess. You opted to invest in BCC upon reading the following ...

No one forced people to invest in Bitconnect

They could have very well invested in

Control-finance
Bitpetite
Bitplay
Laseronline
Coinreum
Chronium
Apoud
Nexcoin
Hexabot
Elektracoin
Bitbase
Chaingroup
UcoinCash
Ethconnect

I'm interested in why you mention UcoinCash on this list ?

Also, SEC doesn't deal in these as everyone must know by now. The Texas cease and desist for USI tech does not stop them operating anywhere else in USA and was an isolated decision after complaints about affiliates ( I am guessing). I also got an email from the UK authority when I asked them about bitbase claiming to be regulated by them (they didn't seem to think it was a big deal tbh and didn't really care they were lying):

Our remit
 
Although we regulate and oversee the UK’s financial industry, there are certain services or products which don’t fall within our regulation. This means firms that perform or offer any unregulated products or services are not subject to our rules, and we have no authority over their business. Virtual and Crypto currencies fall outside of our remit as the financial services regulator of the UK.

How close am I?

Here's an interesting tidbit:

AGM76's last post of the year 2017 was on Dec. 30th: https://bitcointalk.org/index.php?topic=1681719.msg27230467#msg27230467

His first post for 2018 (unless there's proof of posts being deleted) was on Jan. 16th: https://bitcointalk.org/index.php?topic=1650227.msg28265475#msg28265475

A few hours later, AGM76 penned his second post of the year espousing BitConnect's change in policy leading to its demise thanks to all the FUD we collectively penned. The dude must have a crystal ball stuck up his behind so to be on hand on the eventful day - ALL DAY - given that he continued to post till midnight (PST), which begs the question, what time does that equate to in the UK where AGM76 resides? I'm guessin' some time when the sun was breakin' through the fog in the morning.

[zintips]

It says in order for staking to work the QT wallet needs to be unlocked but whenever restarting the wallet it becomes locked again. 

How to make it unlocked always even when closing the wallet?

======================

You keep the wallet open and do not shut your computer off. Staking works on time and not whether it is off or on. When you unlock it then you get reward if you meet the time limit for staking. However, it never worked for me and I kept my wallet on unlocked all the time with 72 bcc coins for almost 2 months and the staking reward was almost nil to nothing. Coins at the time were worth each $350-$410 per bcc +/-.

[AGM76]

due to this exit strategy I lost 25$ of my initial `100$ investment thats only if I could exchange my bcc to their bccx in time.

Now I have 7.5$ (0.5 bccs)  left from my 100$ investment which i made 2 weeks ago.

Good one BitConnect.

Let me guess. You opted to invest in BCC upon reading the following ...

No one forced people to invest in Bitconnect

They could have very well invested in

Control-finance
Bitpetite
Bitplay
Laseronline
Coinreum
Chronium
Apoud
Nexcoin
Hexabot
Elektracoin
Bitbase
Chaingroup
UcoinCash
Ethconnect

I'm interested in why you mention UcoinCash on this list ?

Also, SEC doesn't deal in these as everyone must know by now. The Texas cease and desist for USI tech does not stop them operating anywhere else in USA and was an isolated decision after complaints about affiliates ( I am guessing). I also got an email from the UK authority when I asked them about bitbase claiming to be regulated by them (they didn't seem to think it was a big deal tbh and didn't really care they were lying):

Our remit
 
Although we regulate and oversee the UK’s financial industry, there are certain services or products which don’t fall within our regulation. This means firms that perform or offer any unregulated products or services are not subject to our rules, and we have no authority over their business. Virtual and Crypto currencies fall outside of our remit as the financial services regulator of the UK.

How close am I?

Here's an interesting tidbit:

AGM76's last post of the year 2017 was on Dec. 30th: https://bitcointalk.org/index.php?topic=1681719.msg27230467#msg27230467

His first post for 2018 (unless there's proof of posts being deleted) was on Jan. 16th: https://bitcointalk.org/index.php?topic=1650227.msg28265475#msg28265475

A few hours later, AGM76 penned his second post of the year espousing BitConnect's change in policy leading to its demise thanks to all the FUD we collectively penned. The dude must have a crystal ball stuck up his behind so to be on hand on the eventful day - ALL DAY - given that he continued to post till midnight (PST), which begs the question, what time does that equate to in the UK where AGM76 resides? I'm guessin' some time when the sun was breakin' through the fog in the morning.

I asked about UcoinCash as that was the only one that was still operational. It's still going now sort of (I think the coin is about $12). All the others were scams but if they were based in UK they weren't breaking any laws there. Like I said, cryptos like bitcoin are ponzis anyway with no wealth generation so it's a zero sum game. Winners will be balanced by losers (excluding any exchange fees which the exchanges take as profit). There is a guy on youtube called Sean Walters (American btw) who said he used to run a Ponzi etc and many people get into them knowing what they are but they are usually very deceptively marketed (many people still seem to think they are legit and are surprised when they run off with millions of dollars of BTC). Bitconnect and lending platforms are actually less of a Ponzi than bitcoin because they generate profits for the company from the lending (not just from the internal exchange fees).

Just checked and bitconnectX is not selling out any more since they stopped accepting BCC. Half way through the day and they seem to have only sold about 1k coins an hour but I suppose they can't change the $50 price or other investors will not be happy. I'm sure they used to always sell out so it's a bit suprising but trying to raise half a billion dollars is a bit optimistic.
Total sold today : 12,254.49830973   Total available for sell : 249,078.50169027

Coinmarketcap.com isn't that based in USA? They always promoted the obvious ponzis like bitpetite and laser.online etc and it's one the world's top websites now in terms of traffic. I wonder if they could get in trouble for advertising them in USA especially some ICOs that could be classed as securities (nowadays ICOs have to get legal opinions from lots of countries like Singapore and France etc if they want to do things correctly and be sure they won't be classed as securities in these jurisdictions)??


EDIT (just noticed Sean Walters the ex ponzi owner put a video up lately about the bitconnect lawsuit - remember he was also promoting lending platforms lately including Davor and raked in lots of referral money but stopped after taking legal advice - he doesn't really believe in these platforms btw) : https://www.youtube.com/watch?v=sQRMhxgOXIY

[Kivalar]

Hello. What about referral system? Do you have one?

[Crypto Girl]

No matter how hard they try and no matter what good they made their promises again, they will never regain the trust that the investors once given to this project, they can't fool us again with the BitconnectX, only gullibles will believe. What will happen if the BitconnectX follow this one, will they launch another project to condole the people?

[YuTü.Co.in]

No matter how hard they try and no matter what good they made their promises again, they will never regain the trust that the investors once given to this project, they can't fool us again with the BitconnectX, only gullibles will believe. What will happen if the BitconnectX follow this one, will they launch another project to condole the people?

Will BCCX introduce new gang hand gestures?

Further, will BCCX have a FUD bot so to ward off discontent?

[Anyuaia]

"A self regulated Financial system" Why self-regulated?

[alexandrofff]

"A self regulated Financial system" Why self-regulated?

I didn't understand this part too. In the LuckyToken system it is more clear. You can find the topic here about this ICO.

[The_Don]

i think it will pump once more up to 100$ ..  just need some time .. because buy orders daily increasing

[AGM76]

i think it will pump once more up to 100$ ..   just need some time .. because buy orders daily increasing

Buy orders increasing? I bought more at $7 but hasn't gone up much since then.

BTW what is merit?? Can you see who gave it???

[YuTü.Co.in]

i think it will pump once more up to 100$ ..   just need some time .. because buy orders daily increasing

Buy orders increasing? I bought more at $7 but hasn't gone up much since then.

BTW what is merit?? Can you see who gave it???

Go to your profile and click Merit which is linked. All the activity will show up there.

EDIT: I just checked and you had no activity. Now you do. 

[samsonn25]

Bcc will go to 70 cents before 100

[cvdesty]

i think it will pump once more up to 100$ ..   just need some time .. because buy orders daily increasing

What does it matter? It is a scam coin, which hurt a lot of innocent people. It's not worth investing in.

I look forward to the day when the people behind Bitconnect pay the price for their evil scheme.

[electronicash]

you really deserve to loss money if you still invest to this shit. BCC deserves to be delisted on exchanges already after all these dumps, the price from $300 down to less than $10. Even the dumbest investor who is hopeful to earn few bucks aren't going to dive into this coin because they see its an opportunity, no this isn't an opportunity.

[MEROVINGIO]

This is my thought:
bccx was purchased for 10 days in a row with bcc, make more than 800,000 bcc that bitconnect has regained + their stock. that I do not know. at this point what do they do?

1) nothing, all served only to gain time.

2) with the btc that have available bcc pump in order to bring the value above $ 50 so as to recover the value of ico?

3) other?

I repeat: only my personal thought.
What do you think about it?