working here now (not restarted pc/browser/cookies)

Tis dead.

It's not that you were not wanted in SoL, you joined the irc channel saying you had sold some stock and was going to buy tech with it, one member made 1 line comment about not buying tech at this stage of the set as there were only a few days left. Instead of trying to see reason or asking why it was suggested you went into a Trump rampage about how you know best for your country, people should stop giving advice to people who know the best strategy then into a swearing rant where there were more swear words than normal words about how much better you were than everyone else. When asked to calm down the swearing rant continued towards other members so you were kicked from the channel and told to rejoin when you had calmed down.

We all have issues, that's why we still play this game. I could understand if you were vocally abusive as a result of stress/injury, but it takes a lot more effort to type out rants and removing yourself from the keyboard in future when you're planning to verbally explode over someone just asking a question might be worth practicing.

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As I'm not able to get the best performance hardware and I'm restricted to noise (the 4U space is next to an office so can't be too loud, in winter our building is heated by electric so having an extra pc running would reduce the heating cost anyway) I'm probably going to join a pool where the choice of coin is managed elsewhere and they take a small cut. I trust the people who manage the system and it will save me having to monitor it for such a small hashrate. I do have some older graphics cards that could pay for lunch each day, or I could buy a new one and get it paid off within 3-4 months.

Years of existence left... a week later the value tanks 95% and all those locked in technically cannot sell up.

Very cra cra!

UK, South Korea, China etc all had issues with it.... Not a threat.
Texas writes a letter saying stop. Site stops trading.

I watch this thread because I do have investments and in the process of setting up my own rig as I've been offered a space in a rack with free electric so only need a ROI on the hardware I can fit within 4U.

But it's

a) still under investigation with countries still banning the practice.
b) not performing as well as the spreadsheets showed back when this post was first made.
c) actually dropped in value in the last month.

It's not going to get the same growth as before as other coins are more likely to spike, with the lock in that BCC offers (to give it stability) investments are going to go elsewhere to try and cash in on a spike, meaning the funds will dry up to pay for the referral bonuses. Less money in = demand drops and the price goes down as people sell off to try a risk elsewhere while they are still in profit.

uyhbnkj

Yup, I don't have an issue with crypto, the hype around countries trying to ban it just secures its futures further because it means those countries don't know how to control/track/tax it which is why the value is being pushed higher. I've made a return just sitting on BTC and not locking my funds into an alt for 6 months, now it's hit 10k I'll probably cash out and wait for the bubble, then go back in again.

mooooooo

Sorry but that video cannot be more wrong.

"bitconnect has $1.5bn it can pay out to its users" errr no it doesn't, the VALUE of bitconnect is 1.5bn, but as soon as people start to cash out, the demand drops and the value drops. Do you really think they have $1.5bn worth of bitcoin under their control or cash in the bank? Do you really think Facebook as $500 BILLION sitting in its accounts because that is what the share value is worth?

The winners in this are the first to invest, then the first to cash out just before it tanks, everyone else is going to suffer hard to pay for that.

Also that video says it's paying in dollars, but it's making up another currency. You still have to transfer that dollar to BTC to get it in your wallet to then transfer it to dollar for your bank account, they are not paying you directly in dollar to your bank. This makes it more convenient to slap it back in as BCC but you think you're doing well because you've seen a "real" dollar amount.

* I can make you very rich with BTC, give me your BTC and I will trade it riding the spikes with my bot - nothing wrong with that.
* I will issue you with a new coin, BCC. This is your "share" in our system, you can trade it back for BTC after a fixed locked in period - errr... not too sure about that
* I will pay you all "profits" in BCC, you can trade them for BTC but you'd make more money if you gave it back to us - right....
* I will give you even more BCC if you convince other people to give us BTC, then you can reinvest that too! - So I get my friend to give you money so you can pay me more money?

I think you need to watch more Hustle on the tellybox, common part of the scam is the "convincer" where you get a mark involved in your plan, you start off with a small operation where the mark "wins" and sees that "the system works", get them to invest big, even better if they drag their friends into it, then pull the plug.

Already you've said they are downscaling the referral system, that means the cash is going to slow down as the pyramid is getting bloated, keep the current suckers paying in for a few more months while they are locked in on their fixed term then one of the following will probably happen:

* The wallet disappears completely, file for protection like MtGox, directors are scott free with 1bn of untraceable BTC
* The value of BCC tanks against BTC once the funds dry up, all your profit gone. Directors pay out original investments (or less) but sitting pretty on their BTC nest egg.

The structure of this pyramid is akin to timeshare holiday lets when they were riding the property markets prior to the financial crash.

No, it's the UK. 7/11/17 = 07 Nov 2017 First Gazette notice for compulsory strike-off

Looking at the records they've set up the PLC (PLC just means public listing so shares can be sold outside and not limited to "investors", doesn't have to be on a stock market but that is what you would need to be to be listed) in an effort to reduce the risk to shareholders and pump funds into their company, again artificially inflating the price in an effort to encourage a buyout and cash out legally. The more I look into this the worse it looks.

Yes, busted. Bitconnect has 2 months to clean up its act or the UK government will be seizing assets and that's on official documentation.

https://beta.companieshouse.gov.uk/...y/10278342/filing-history

It is, a strikeoff notice is pretty serious. There's a reason they want you locked in for a fixed period of time, enough to get other mugs to invest then cash in at the end.

But as there's no real asset, just pull the plug and it's job done! Funds gone.

Not all target directly, mine's offering a marriage only relationship site currently.

Some will be bought slots based on target customers, some will be based on cookies.

My last set of ads were for greeting cards and presents, considering I have no friends I find this ad inappropriate and not targeted at me. I want Derrick's adverts.

Manboob needs support too.

Playing possum :(

I'm only wearing a tie.

Fake News!

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The advantage of this scheme though for those running it is people are paying them bitcoin to join and encouraged to re-invest their BCC back into the system, why take it out when the "gains" are so good? While people are happy to flood money into it there's no need to stop, once the value of BC starts to fluctuate the creators of BCC could empty the BC wallet and crash their value of BCC, meaning everyone else will have nothing and can't sell up, and the BC spent can't be traced.

This is one of the reasons why we have departments like the FCA in the UK, but virtual currencies are a law upon themselves and the only winners of this scheme are those who get out before BCC pulls the plug.

How much have you made from this scheme and how often do you get $10 to reinvest? Looking at the history of this coin it's hit a current peak, will drop a bit shortly, then will pick up again in a few months time. No chance you will make a 9x return in 9 months, at best you will double your cash.

The only winners from this would be the Pyramid Ponzi, so your referral would help you out but no one else below you. A fair way to spread the wealth would be if each person signed up, then signed up the next person... but you wouldn't get your 9x return doing that ;)

Not enough goldfish to run countries these days :(

Pretty good summary that.

He's been round the block a few times.

For hair and makeup? Great film if that's all that's good about it :D

Because Suicide Squad was a pants film so they had to use crew instead to not be associated with it.

It wasn't sent to LaF's enemy, unless Elders got FA from LaF?

Poor wording in pact.

Did you not see the adverts on MySpace?

Hug anyone? :(

Need to get your body in sync with warchat times. A good time to go is usually inbetween targets at a warchat :)

No bathroom tablet for those extra long sessions?

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Working fine for me



yesterday, but not today.

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