Topic: [ANN] [BTC FORK] [BITFINEX] Bitcoin Interest - Decentralized Savings - Join Now - page 30. (Read 46518 times)

Our Interest Calculator is now live! Try it here - http://my.bitcoininterest.io/Home/Calculator  

Bitcoin Interest has paid out another successful round of weekly interest payments. If you hold BCI coins and you aren't staking them yet be sure to sign up on https://my.bitcoininterest.io to earn interest on your holdings!


In other news, we are excited to announce that the BCI coin will be listed on Bitfinex, a top 5 exchange, on May 1st!

Bitcoin Interest (BCI) is a BTC fork, sometime along January this year. However, the developer only successful open the interest portal on 1st April. Every BCI block will generate 12.5BCI+1.08 BCI. 12.5BCI goes to the miner, while 1.08 BCI goes to the interest pool. There are 2 interest cycle, which is weekly or monthly. 1 BCI address only able to register to either one cycle, and not both. The interest pool was divided into 70% for monthly and 30% to weekly.

Since the dev can only provide full node wallet currently, thus I miss the chance to register monthly cycle since early this month I'm unable to fully sync the wallet until 4th April. Since I already get 2 interest out of 3 weekly period, thus I truly trust BCI dev.

The interest amount that we get depends on the total BCI that was registered. The more BCI that was registered, the less interest that we get.

For example:
Interest pool for month of April: 5000 BCI
Monthly pool: 3500 BCI (70%)
Weekly pool: 1500 BCI (30%)
Number of week in April: 4
Weekly pool: 375 BCI per week

My registered BCI: 600 BCI
Total Registered 1st week: 40000 BCI
Interest received 1st week: 375 / 40000 * 600 = 5.625 BCI

My registered BCI: 605.625 BCI
Total Registered 2nd week: 80000 BCI
Interest received 2nd week: 375 / 80000 * 605.625 = 2.83886719 BCI

Through the Telegram group, the dev already said that they already contact Bitfinex and HitBTC for listing BCI, but both exchanges require BCI explorer before listing.

They only able to fully sync the BCI explorer sometime around 20 April (due to 7/8/9 years of BTC blockchain). Thus the listing should be within 1-2 weeks.
CMC listing should be after the BCI  listing in Bitfinex or HitBTC.

Also, I think the dev also has contacted and has some agreement with Genesis Mining so that they will mine/introduce BCI cloud mining

It might not be a bad idea to go througb our site before assuming Ponzi, but allow me to explain. We have created a way to do dual block rewards. That means money goes to miner and coins go to an interest pool. This pool is what's used to pay people. Secondly in a Ponzi you take the incoming funds to pay people higher on the ladder, we NEVER take any funds or accept them. If you go on our site and dashboard you'll see this. Thus decentralized interest. Yours coin stay with you at all times and you can stake them to get interest.

As to your next question we are a growing community. It doesn't happen over night. Cmc requires 100k in volume to be listed. If you don't believe me reach out to them. We are being listed on bitfinex soon, already reached agreement with them, and expect our volume to increase and thus we can get listed on CMC. A little research on our site would have dispelled all your statements , questions and so forth. I strongly encourage you to take a peak and you'll see there are no "y'all gonna be rich pal" statements as you put. Just cold hard facts.

The problem is BCI simply don't have a big community that's all. People just see it as another fork of bitcoin which calls itself "bitcoin something".

It was fun when bcash first did it. It was less fun when bgold did it too and after those two, it wasn't fun anymore. Bitcoin private, interest, lightning, dark, diamond, black, white etc...

Ravencoin is being listed on only one exchange (many people didn't even know cryprobridge's existence till they met raven) yet it is still visible on coinmarketcap. Why? Because it has an active community with a valid roadmap/purpose.

BCI looks more like another "y'all gonna be rich pal" coin without anything to back it up.

It is almost three weeks since the last exchange was introduced here but till today there is no success in taking this to coinmarketcap. This means BCI market is not generating required volume of $10k daily. Also I didn't find it on HitBTC you really need big exchange to make it visible among others on CMC as soon as possible.

To be honest, I don't understand the concept of Bitcoin Interest therefore did not claim the coins. Could you elaborate how much the weekly interest is. What is the source of supply of that interest, in other words how can BCI afford to give interest that has any real grounded value? Could you dispel my fears on  any possible ponzi scheme involved.

Just received my third weekly interest 
Thank you very much BCI team

block explorer is live! 

https://explorer.bitcoininterest.io/

There is no need to send us your coins, just paste your BCI address in the platform. Make sure that your BCI coins are in that wallet and do not move during the entire interest cycle. Interest payment will be sent to that address at the end of the interest cycle.

what are the steps to stake on the web wallet platform? there is not a deposit address but there is a feature that asks for an address 

Just received my second weekly interest
Thank you very much BCI

It looks amazing. I want to be involved in your projects. I can't wait to make the creators show more.
Keep a good job.

my btc public key was eligible for monthly stake but now it appears as not eligible, what has changed?

I am ready to promote this project because I believe in  success of this project!

my client is stuck at jan 15th 2018, tried restarting the client but its still stuck... 

So bitfinex will be adding it today?..

You guys really should fix your pool too... Arent you monitoring it at all?

http://pool.bci-server.com:8080/workers/i4B8NAhtkuskQSJtxggq22c87H7sjWWt6p

That wallet is 100% sure fakehasher, not a single block, EVER..... Atleast monitor it and ban clear cases like that. I cant believe you havent seen it... ...makes me think you fakehash your own coin...

BTW, whats the catch with your blockchain? There is something funny with it, im solomining BCI and im not finding nearly as much as blocks as i should... Sounds like crappy BTG block chain that seems to work more or less same way :/...

I have 149kh on it and im finding roughly 1 block / hour... I SHOULD be finding 77 blocks / 24h by average. I've been solomining it for 24h now so i can make educated guesses atleast and im saying something is WRONG with your blockchain. Same thing with your own pool, it should be finding around 500 blocks / 24h and well, its not, not even near

If I may offer my opinion...
Everybody wants bci to take off... to the moon. Alt coins moon by a number of factors but mainly the fact that crypto is a volital investment. Rises fast, falls faster, and susceptible to market manipulation (coordinated whales, pairings, currency exchange).
But BCI offers a new feature for interest on your bci holdings.Holdings....Which would significantly lend to stability in crypto markets over time. I believe this to be a good thing!I also think that will make mooning (at least to some people's definition of a moon) a tough goal to be realized.

whats the minimum payout for the pool?

Hi
any info about light wallet?

electrum\coinomi\bitpie etc...