RegalCoin ICO. The Next BCC?
RegalCoin REC is being offered as a coin with POW/POS and an X11 mining algorithm similar to DASH. The RegalCoin platform promises to offer and REC/BTC exchange, a lending platform, and a referral program with rewards similar to BCC when their ICO ends on September 22.
After reading the RegalCoin's white paper and using their website we believe REC could be an enhanced version of BCC. If RegalCoin sticks to their white paper, road-map, delivers as planned, and is even half as successful as BCC, getting in now could be a significant power move.
Its also important to note RegalCoin is brand new and has zero reputation. The coin is still in its ICO phase and the platform is not fully functional. While RegalCoin and its platform looks extremely promising , let us not get get too excited, tread lightly, and remind ourselves this there's always a possibility the site could not be legitimate and could shutdown overnight. Please do you own research and buy at your own risk.
Regalcoin White Paper
https://drive.google.com/file/d/0B3NGZoPfNeBKRERqR3dWM3FPRGM/view?pageId=102161984914506429348
Seems a interesting program, gonna check it up.
Thanks for the info
Very informative post really like it and upvoted!!
Probably we should wait until Sept.22 to see if REC launches or not. As for me I think the risks are still too high at the moment. Lets see how it does on the exchanges when it gets listed :)
We understand @practicaleric some may think its not a bad idea to wait until Sept. 22. However, there's others who believe this is a good opportunity and are willing to to take a risk right now. We think its important to share this info with the community and let the people decide for themselves.
I'm investing now! Bring on the risks and bring on the corresponding potential reward I say! I want to boom to the moon baby, not just jump real high. Know what I mean? Thanks for the post bud!
Exactly Eric. This could easily be a pump and dump. I'll pay a higher price for the coin after I see it functioning in the market place.
Always on the good moves ^^
Thanks
I'd say be careful of this one. Their site seems a bit sketchy with lax English grammar and not much real info, and they haven't answered a lot of specific questions people have had in communities such as Bitcointalk.
Even at best, if it ends up being something close to Bitconnect and Control Finance, the compounding interest will get to a point where it simply isn't sustainable. Really smells like another virtual pyramid scheme and I'd personally advise people to stay away, unless they dramatically overhaul their site and provide more specifics about how it all works.
I will have to take the time to read up on it a little bit over the next day or two. I like what I see before going into all the details................
I bought 400 tokens.
it's a turbo ponzi scheme, you are going to loose all your money
So essentially Regalcoin is for people that missed out on Bitconnect when it was still new and cheap? Like when Bitcoin was going up in price so everyone jumped onboard with Litecoin because it was worth around $2 when Bitcoin was $100!
I bought a fews