I think I've been pretty fair as to where things stand with Regalcoin.
There are negatives, the biggest of which are people who have been locked out of making certain transfers from their accounts. Granted, some of these people found an exploit and didn't notify the Regal team, so they deserve to be locked out of their accounts for trying to game the system. However, there are people locked out from doing simple things like converting to USD when they shouldn't be locked out.
That has been changing. More and more people are messaging the Regal team (most notably Aziz on Facebook, a member of the Regal team), and the team has been working hard at unlocking accounts. So they're slowly moving towards more honesty, transparency, and most importantly, trust. I personally don't think this type of program can last for five years unless they tinker with the lending program and have lower payouts, but I do think it can last for at least three years - IF the Regal team is committed to running the program that long. The good thing is, even Bitconnect has changed its referral program to have a more realistic payout structure, so Regal can do the same if push comes to shove.
A lot of YouTubers said that Regal wouldn't last past the beginning of November, that the devs would pull their web servers and run with the money. Since then, Regal has unlocked many accounts and even more are being unlocked daily. The fact that we at least know one person behind Regalcoin (Aziz) means we already know more about the people behind Regal than anyone knows who is behind Bitconnect. I would still say Bitconnect is somewhat safer, but that's only because Bitconnect has been around long enough for people to pull out their initial investments. We haven't even reached the 99 days for Regalcoin investors to pull their initial investments. That will be a huge barrier as to whether Regal is going to stick around for the long run. The fact that they've been working on unlocking accounts, as well as being transparent as to the happenings of their site (something they sorely lacked until recent weeks), leads me to believe that Regal will be around for years to come.
As I said before, Bitconnect will be safer until Regal hits the 99 day barrier and we can see if people pull out their initial investments. If that happens, Regal will be just as safe as Bitconnect, but will be a better lending program to invest in, since the returns are better than Bitconnect.
If you have more questions, send me a PM.
If you'd like to join Regal, please use the link below and if needed, send me a PM and I'll guide you through the process (you'll have to buy Regalcoins on Coinexchange, then transfer them to your Regal wallet). Sign up to the Regal program using the link below:
https://regalcoin.co/ref/FIATNAM
