[ANN] RichBC Bitconnect Protected Asset.



  • So now is about the time I would be making the Weekly Dividend payment. However this is the latest, an Hour ago, Tweet from Bitconnect.

    0_1516004201873_Tweet-1.jpg

    And this is what you get on the sign in screen.

    0_1516003283628_Sign In.jpg

    I view this as progres, albeit slow. For now my feeling are as stated above and that they will be back. As soon as they are I will do the Exchange & withdrawal and make the Dividend payment.

    Rich



  • We are coming up to 12:00 UTC and no further updates from Bitconnect, and still not able to log in.

    Will be interesting to see how the BitconnectX Daily Sale goes when it opens, and we find out if Bitconnect being down for over a Day has dampened peoples enthusiasm for the ICO or if it sells out in minutes as usual?

    I have this conspiracy theory that the DDos on Bitconnect was purely to put people off the ICO so that you can actually get in and buy some πŸ™‚

    2 Minutes to go, logging in to the ICO now to see how fast they sell?

    Rich



  • @richbc the login Is working now, and the ico daily limit sold out too πŸ™‚



  • @iknow0 Don't know what happened on the ICO. I signed in a few minutes before 12;00 and it showed the sold out message. Expected it so show some for sale but that was all I saw. So somehow it sold out without on my screen ever showing any of Today's allocation/

    I have just managed to log it, exchanged $ for BCC but when trying to transfer the BCC got this message, which I have never seen before.

    0_1516035217838_WalletMaintain.jpg

    Then I got a 404 Error. Could just be volume of traffic will keep trying.

    Almost as difficult as making a post here. πŸ™‚

    Rich

    Back in, but still cant send BCC and...

    0_1516039429951_No Sell.jpg

    So no way out at the moment.....



  • The website is under control from the attack and we have enabled the website and dashboard. At the moment you can not perform exchange activities. The exchange will take another 24 hours to work as usual. Withdrawals from wallets will be restored as soon as [email protected]



  • @energy Yes the Exchange is down but I have just managed to withdraw BCC to CoinExchange, so just need 20 Confirmations and do the maths, buy some Burst and do the Transfer to the Asset and we will be good to go on the Dividend. πŸ™‚

    Might be Today or could be Tomorrow.

    Rich



  • @richbc I just put the message in case you did not read it, I'm a bitconnect user but I do not participate in the asset.

    I'm still having problems with the forum



  • @energy Yes thanks had not seen the message, but had tried using the Exchange and it was not operating. Getting a message on the Forum about as difficult as withdrawing from Bitconnect. πŸ™‚

    Rich



  • Week 15 Dividend has just been paid.

    rbconnect (16760211248617186525) Total found assets: 10000, Assets to be distributed: 8000
    Summary of proposed distribution of  2326BURST to 35
    Based on asset holders at timestamp 108329193 (Mon, 01 May 2017 07:26:33 GMT)
    ----------------------
    Number of assets, Account, Payout amount
    1054, BURST-NYSA-A49T-E5F3-6BCAP, 306.4505
    870, BURST-WK99-ZBDC-DKEY-2MAXD, 252.9525
    731, BURST-2CNG-DEWM-BVXL-8EFK2, 212.53825
    653, BURST-K6EW-XD34-56JS-8CW9S, 189.85975
    557, BURST-YUHJ-6284-85Q5-42KZP, 161.94775
    500, BURST-8BZA-X4LU-HSN6-DWGGA, 145.375
    500, BURST-ACGB-YGHQ-G9ZL-5XD7U, 145.375
    430, BURST-MKWC-BBMJ-G83Z-7L9YX, 125.0225
    411, BURST-L47J-TKLH-7D4N-HC7UF, 119.49825
    319, BURST-4KQY-WWV6-C69K-78P5H, 92.74925
    300, BURST-9GFJ-XN64-BJC2-42CZ4, 87.225
    236, BURST-VNQF-KHQQ-3XEL-89WGT, 68.617
    223, BURST-NNK7-5EKB-49CK-HN9SG, 64.83725
    217, BURST-H6L4-XQ42-VW49-7R9MW, 63.09275
    129, BURST-KWSL-BXAE-ENKZ-BM3R8, 37.50675
    118, BURST-S94A-Z3T5-TDZT-AK6NB, 34.3085
    100, BURST-PJHX-42PV-QVKC-7Z8ZN, 29.075
    100, BURST-V22U-GXVF-353N-9F2EL, 29.075
    80, BURST-6BWK-PWB2-BCSV-5EK7B, 23.26
    71, BURST-SP8N-FB45-CYE7-7PABT, 20.64325
    60, BURST-RKW5-ZVFT-JU69-6X4JC, 17.445
    55, BURST-PLCR-8B9M-FVUH-7WLR8, 15.99125
    50, BURST-5FVJ-HBTW-8MFA-8ZR69, 14.5375
    50, BURST-CT2P-F5GA-QYQ8-32RDP, 14.5375
    36, BURST-PEAS-CEXY-N63L-CBTMG, 10.467
    32, BURST-QE2W-GNDE-Y6UY-AX25Z, 9.304
    30, BURST-AVF6-S23V-WTP4-4NB6C, 8.7225
    20, BURST-KAJS-UPYW-LLT6-GQG3Y, 5.815
    17, BURST-YZVZ-7KQA-V2TE-53Y99, 4.94275
    13, BURST-VX6R-BJXQ-XNPL-G2SGG, 3.77975
    10, BURST-TWTS-VEYX-UDWT-3373X, 2.9075
    10, BURST-AG36-RA9D-2ZN8-9VAP2, 2.9075
    10, BURST-J6NB-GNA3-PZ4Q-8DPNY, 2.9075
    7, BURST-WCFN-FDXE-752G-33R9R, 2.03525
    1, BURST-D3WH-CZZS-3PZW-9RMW9, 0.29075
    
    
    Amount paid, Account, TX
    306.4505, BURST-NYSA-A49T-E5F3-6BCAP, 14469751743419650502
    252.9525, BURST-WK99-ZBDC-DKEY-2MAXD, 13341606865746096771
    212.53825, BURST-2CNG-DEWM-BVXL-8EFK2, 15891463412979692482
    189.85975, BURST-K6EW-XD34-56JS-8CW9S, 2090311296542558334
    161.94775, BURST-YUHJ-6284-85Q5-42KZP, 12196238573912360099
    145.375, BURST-8BZA-X4LU-HSN6-DWGGA, 6567405629894622005
    145.375, BURST-ACGB-YGHQ-G9ZL-5XD7U, 13299255756590388599
    125.0225, BURST-MKWC-BBMJ-G83Z-7L9YX, 10074952554460631556
    119.49825, BURST-L47J-TKLH-7D4N-HC7UF, 9622962691737909604
    92.74925, BURST-4KQY-WWV6-C69K-78P5H, 16727878283636590392
    87.225, BURST-9GFJ-XN64-BJC2-42CZ4, 18309753306030587256
    68.617, BURST-VNQF-KHQQ-3XEL-89WGT, 184634926522329490
    64.83725, BURST-NNK7-5EKB-49CK-HN9SG, 13499906294890632051
    63.09275, BURST-H6L4-XQ42-VW49-7R9MW, 12314540495023493643
    37.50675, BURST-KWSL-BXAE-ENKZ-BM3R8, 17162655398310034302
    34.3085, BURST-S94A-Z3T5-TDZT-AK6NB, 13667372754813154996
    29.075, BURST-PJHX-42PV-QVKC-7Z8ZN, 4042292804455142345
    29.075, BURST-V22U-GXVF-353N-9F2EL, 14878343120608792269
    23.26, BURST-6BWK-PWB2-BCSV-5EK7B, 1853489787863358739
    20.64325, BURST-SP8N-FB45-CYE7-7PABT, 2261304830367583818
    17.445, BURST-RKW5-ZVFT-JU69-6X4JC, 4900416508178496894
    15.99125, BURST-PLCR-8B9M-FVUH-7WLR8, 8680157326615311423
    14.5375, BURST-5FVJ-HBTW-8MFA-8ZR69, 17975377686425014095
    14.5375, BURST-CT2P-F5GA-QYQ8-32RDP, 16297479882935933595
    10.467, BURST-PEAS-CEXY-N63L-CBTMG, 14460620433207452289
    9.304, BURST-QE2W-GNDE-Y6UY-AX25Z, 17201648638823137134
    8.7225, BURST-AVF6-S23V-WTP4-4NB6C, 3668645088771852738
    5.815, BURST-KAJS-UPYW-LLT6-GQG3Y, 16863870177704325041
    4.94275, BURST-YZVZ-7KQA-V2TE-53Y99, 17360177833184473894
    3.77975, BURST-VX6R-BJXQ-XNPL-G2SGG, 15699887097457030684
    2.9075, BURST-TWTS-VEYX-UDWT-3373X, 1961020639679948529
    2.9075, BURST-AG36-RA9D-2ZN8-9VAP2, 8910867402369010453
    2.9075, BURST-J6NB-GNA3-PZ4Q-8DPNY, 16124772186452501558
    2.03525, BURST-WCFN-FDXE-752G-33R9R, 3743556825071221814
    0.29075, BURST-D3WH-CZZS-3PZW-9RMW9, 7798152297290187654
    ------------All transactions processed------------
    

    It's been a tortuous process and I probably should have waited for the Bitconnect Exchange to reopen, but given the stress of it all I decided to get the BCC off Bitconnect and sent it to Coin Exchange. Unfortunately the BTC transfer fee from there is quite a bit more than Bitconnect but I have covered that.

    I was just pleased to be able to complete the Dividend payment process Today. πŸ˜‰ Let's hope that is the last time we have to live through Bitconnect being down for so long....

    See the spreadsheet in the 2nd post for details.

    Rich



  • @richbc Payment seems a bit low, the BTC weekly is a 1/4 of the usual, should it not be around 50%??



  • @iknow0 You cannot compare with the phase 2 Dividends, which did not use exchange rates to calculate the Dividend, but just returned the same % Burst as the amount of the Loan that had been paid in interest.

    Then there is my 50% and the massive increase in the price of Burst. If you scroll back I covered this just before we started Phase 3 payments.

    Phase 2 gave an ROI in Burst, however Phase 3 & 4 give profit in Dollars.

    Rich



  • Well looks like I did the right thing Yesterday moving the BCC to another Exchange. The Bitconnect Exchange has not been re enabled, the Dashboard is down again and Even Today's ICO sale did not go ahead.

    Bit of a bloodbath at the moment, with everything seemingly going wrong at the same time. have run out of cash to invest unfortunately, did my usual trick of starting buying too soon, so now back to wait mode.

    Rich



  • @richbc bad news, they have fucked us up and well.

    return the loans to a change of 363.6202 and have a value of 232.93, 130 dollars lost for each BCC, so make the change to btc and pay the fees........., just wait for the bitcoin to go back up and recover what invested



  • @energy Sorry you lost me as to what happened?



  • @richbc Changes coming for the Bitconnect system - Halt of lending and exchange platform

    This is to inform all community members that we are closing the Bitconnect lending and exchange platform. We are closing the lending operation immediately with the release of all outstanding loans. With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your BitConnect wallet balance at 363.62 USD. This rate has been calculated based on last 15 days averages of the closing price registered on coinmarketcap.com. You are free to withdraw your BitConnect coin currently in QT wallets that was used for staking as well. We are also closing BCC exchange platform in 5 days. In short, we are closing lending service and exchange service while BitConnect.co website will operate for wallet service, news and educational purposes.

    The reason for halt of lending and exchange platform has many reasons as follow:

    The continuous bad press has made community members uneasy and created a lack of confidence in the platform.
    We have received two Cease and Desist letters, one from the Texas State Securities Board, and one from the North Carolina Secretary of State Securities Division. These actions have become a hindrance for the legal continuation of the platform.
    Outside forces have performed DDos attacks on platform several times and have made it clear that these will continue. These interruptions in service have made the platform unstable and have created more panic inside the community.
    Closing the lending and exchange platform doesn’t mean that we will stop supporting BitConnect coin. Closing the lending platform will allow Bitconnect to be listed on outside exchanges giving more options for trading.

    We will keep working to make BitConnect coin available to merchant websites providing them API access to accept BitConnect Coins on their platforms.

    BitConnect X ICO is still functional and we are building an exchange platform on the BitConnect X website. With BitConnect X operating as an exchange platform, BitConnect Coin (BCC) will be listed there.

    This is not the end of this community, but we are closing some of the services on the website platform and we will continue offering other cyptocurrency services in the future.

    Best Regards,

    The Team BitConnect



  • @energy Wow had not seen that, too busy watching the BTC price go down. Where is that posted?

    I cannot log in at the moment?

    Rich





  • So to all my Asset Shareholders, have only just seen this news. No 1 priority will be to withdraw the BCC as soon as I can get onto Bitconnect to my BCC Wallet and then decide which Exchange to use to convert to BTC.

    Once I have it safely in BTC I will propose and we can discuss a final payout.

    The price of course is not that good compared to the current price, and with everyone now selling BCC I suspect the Exchange rate back to BTC will not be good either, further complicated by the current drop in BTC.....

    Not going well, cannot log in.

    CE does not look to be trading
    Livecoin I cannot log into.
    HitBTC I can log in but there are only buys for 6BTC & the rate is already half what it was yesterday and will drop like a stone when people can withdraw. I think we will be lucky to get anything from this.

    it's a very clever exit scam, looking like they are returning the Loans, but the BCC will be worthless.

    Rich



  • I have managed to withdraw to HitBTC Exchange, but no sign of it arriving, which is odd. Latest prices are terrible.

    #	Source	Pair	Volume (24h)	Price	Volume (%)	Updated
    1	BCC Exchange	BCC/BTC	$2,981,080	$291.54	0.00%	60 hours ago
    2	HitBTC	BCC/BTC	$2,485,670	$16.07	42.56%	Recently
    3	CoinExchange	BCC/BTC	$1,757,640	$24.19	30.09%	Recently
    4	HitBTC	BCC/USDT	$682,094	$15.95	11.68%	Recently
    5	HitBTC	BCC/ETH	$546,121	$18.61	9.35%	Recently
    6	Livecoin	BCC/BTC	$292,357	$34.39	5.01%	Recently
    7	Livecoin	BCC/USD	$58,677	$43.00	1.00%	Recently
    8	Livecoin	BCC/ETH	$16,624	$19.16	0.28%	Recently
    9	Trade Satoshi	BCC/BTC	$1,368	$35.57	0.02%	Recent
    


  • The withdrawal still shows Txid pending and no sign of it at HitBTC. So it's gone Midnight here I am off to bed. If anyone has any thoughts on when or where to sell let me know.

    I have this feeling that the value of BCC will be close to zero, but nothing more I can do at the moment.

    We all knew this would happen one day, just a pity it wasn't in a few Weeks time or when the Market was a bit more stable.

    Rich