Bitcoin SegWit 2X fork Concerns/ Bitcoin God / Uninformed Bitcoin Investing Spread the love
https://cointelegraph.com/news/hard-fork-take-two-segwit2x-will-return-dec-28-says-founder
Bitconnect is a community driven decentralized cryptocurrency. It is an open-source, peer-to-peer alternative currency that allows investors to store and invest their wealth in a currency that is not controlled by the government. This currency is designed to help investors earn a sizable interest on investment too.
Investors in Bitconnect coin (BCC) are regarded as helping to maintain the security of the network and that is why they earn an interest on their balances. The rise of the Bitconnect coin in 2017
Bitconnect currency ICO was done in November 2016.
The price at the time of the launch stood at $0.2. At the turn of 2017, the altcoin was trading below the $0.2 mark. However, in the first week of April, as the price of the other major cryptocurrencies started gaining, BCC was not left behind as the price went to a high of $12.
In May 2017, when the currency was open for trading on five different exchanges, the price went to a low of $6.20.
By the third week of November, BCC passed the $306 mark.
This represented a 1530% rise since its ICO in November 2016 making it one of the best performing cryptos of 2017.
Currently, the market capitalization of the altcoin is $1.8 billion. The current price is $379.26. How are Bitconnect coins mined?
Like Bitcoin, BCC is mined. There can only be 23 million BCCs in the market. There are 9.1 million BCCs in supply currently.
The Bitconnect network employs a special algorithm called viz POW/POS. From the moment you own a BCC, you are guaranteed to start earning 120% p.a interest in proof of skate minting. CPU/ GPU are used to mine this Cryptocurrency but unlike Bitcoin, you don’t need ASIC miner.
Earning money with BCC
A person is guaranteed by BCC to earn daily profits if they invest USD or Bitcoin into the company. The amount a person invests in the company determines the ROI such an investor earns. The company offers four different investment plans to its investors.
Investors in the BCC are also eligible to earn a referral bonus once they introduce friends and family. Should you invest in Bitconnect?
Bitconnect community members can use this alternative money to store value. They can also use their coins to invest in other cryptocurrencies. According to Bitconnect, you will earn interest on the altcoin provided you have a balance in your Bitconnect-QT wallet.
The cryptocurrency ecosystem is currently enjoying a steady inflow of new members every day.
The coins are supplied at a fixed steady rate. This means that the whole system is self regulating hence guarantees the creation more wealth and growth. 1. Bitconnect Staking
The moment you acquire BitConnect Coin it becomes an interest bearing asset with Up to 120% return per year through PoS minting.
All you have to do to earn with this method is to hold coins in your Bitconnect-QT wallet. This means anyone holding BitConnect Coin in their wallet will receive interest on their balance in return for helping maintain security of the network.
( Note: Month start from BitConnect Coin network found very first block on 24th of December 2016 )
This means anyone holding BitConnect Coin in their wallet will receive interest on their staking balance in return for helping maintain security of the network.
You can terminate coin staking anytime and send all your coin with interest to exchange platform or web wallet.
Remember: You require to hold your BitConnect Coin minimum for 15 days to start earning Staking interest. You will see PoS minting Block in your wallet anytime after 15 days, the number of block you earn are based upon the number of coins you hold in wallet software 2. Bitconnect Lending ( Best Choice )
You can invest BitConnect coin in Bitconnect lending platform exclusively from the BitConnect Dashboard. This investment option involves profiting from Bitconnect trading bot and volatility software. You will receive daily profit based on your investment option.
Upon investment term completion, you will receive your CAPITAL BACK to take out from the Bitconnect lending platform or optionally reinvest back in lending platform to continue receiving daily profit.
(Remember: Volatility software offers you a variable interest as per bitcoin market fluctuations) 4. Bitconnect Trading
You can also profiting from downward movements in BitConnect coin price by selling them at a higher price and buy them again at a lower price and pocketing the price difference. If you wants to profit from short selling, you have to own BitConnect Coin in the first place. Buy BitConnect Coin from BCC Exchange with Bitcoins first.
Just follow the steps below and you’ll have your Bitcoins working for you Step 1 – Deposit bitcoins first Visit : user/trade?Market=BCC Simply Click on ” Green Button ” to get your Bitcoin deposit address . Once bitcoin sent to bitcoin address you will see unconfirmed transaction appear with pending confirmation on transaction history page.
It will be fully confirmed and available for trade with 3 bitcoin confirmations . It can take around 30 minutes or more time depending on bitcoin network so do not worry and wait quietly. Step 2 – Buy BitConnect from Exchange Once you see balance in your Bitcoin wallet visit BCC trading page: user/trade?Market=BCC Simply Fill in buy BitConnect Coin (BCC) form for your desired price and click ” Buy BitConnect Coin” Button .
Remember:Your bitcoins goes into your escrow account until successful trade execution if your bid price is lower than seller ask price .
