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Author Topic: Bankcoin Reserve - transparency using blockchain technology  (Read 5668 times)
teihemasub
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January 05, 2020, 02:44:37 PM
 #541


Many projects use blockchain as a hype instrument for grabbing people's money. I hope you're not one of these.

You never know until you decide to invest. Even projects with trusted team exit scam sometimes. That's why you should always do your own research.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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chubaka_rozoviy
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January 05, 2020, 03:03:59 PM
 #542


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!

https://i9.wampi.ru/2020/01/04/image0254509a6dab04ce.md.png

I look at gold chart and I love it! BCR should also start an uptrend if it's tethered to gold.
schmittarianna
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January 05, 2020, 03:27:39 PM
 #543

Let us see if you will gain real world utilisation. This project is in early stage and a lot can change until you get there.
kinstler8
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January 05, 2020, 03:48:21 PM
 #544


Banks still didn't accept bitcoin, any good reason why they should use your coin for their regular purposes?

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.
teihemasub
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January 05, 2020, 04:09:59 PM
 #545


Do you have market makers in your team which are protecting price from huge dumps?

This is not what market maker should do. MMs are just providers of liquidity and nothing more. They can't control the market.
imampurwanto1
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January 05, 2020, 04:29:23 PM
 #546

You are providing another opportunity for small business to grow. Thank you for doing your job!
Joao_Faquir
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January 05, 2020, 04:52:18 PM
 #547

Why price floor didn't hold at 20 Dec? I don't see gold dumping to those levels
That's just a small exchange with no big players. When BCR is gonna be listed on Binance we will see how price reacts.
schmittarianna
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January 05, 2020, 05:13:27 PM
 #548

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!
sitfiguki
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January 05, 2020, 05:35:17 PM
 #549

I have some gold, will you accept it in exchange to BankCoin Reserve? Or maybe other payment methods, like Visa/MC?
TucsonFu
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January 05, 2020, 05:55:21 PM
 #550



I better spend some time to learn a new skill, but will have a confidence in my future. At least, all responsibility will lay on my shoulders.

Love your attitude and confident approach. Wish you to reach all your goals for 2020!

Positive attitude always leads to positive results. You just can't beat a man who's never surrender!
Bankcoin Reserve (OP)
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January 06, 2020, 09:20:41 AM
 #551

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!

chestthunceiris
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January 06, 2020, 11:34:18 AM
 #552

Going into small business sector is a real thing. You can leverage your project on a new level.
Joao_Faquir
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January 06, 2020, 11:52:34 AM
 #553


You never know until you decide to invest. Even projects with trusted team exit scam sometimes. That's why you should always do your own research.

Doing a research is time consuming. You need to check everything about the project, go through social media, read tons of whitepapers and roadmaps. That's not for me.
stastelon
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January 06, 2020, 12:15:05 PM
 #554

It is not enough to be compliant with Sharia law, you need to actively promote your business in those regions.
Bankcoin Reserve (OP)
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January 06, 2020, 12:24:26 PM
 #555

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

huntdumkaena
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January 06, 2020, 12:35:07 PM
 #556

BankCoin definitely has a potential, but only time will tell if this potential will be realized.
TucsonFu
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January 06, 2020, 12:57:59 PM
 #557


Let us see if you will gain real world utilisation. This project is in early stage and a lot can change until you get there.

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.
ZDR_42all
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January 06, 2020, 01:17:43 PM
 #558

Are you planning some events for your community? BCR giveaways, trading contests, etc.? I would invite my friends Smiley
chubaka_rozoviy
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January 06, 2020, 01:41:51 PM
 #559


I have some gold, will you accept it in exchange to BankCoin Reserve? Or maybe other payment methods, like Visa/MC?

When they start accepting VISA, SEC almost immediately will close their project. Let's keep crypto stuff inside our ecosystem.
schmittarianna
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January 06, 2020, 02:00:55 PM
 #560


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.
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