ANN:BCT COIN, SHA3-KECCAK-BITCOINTALK COIN [BCT]-POW Listed on Mintpal - page 69.

soccosocco

sr. member

Activity: 392

Merit: 250

Quote from: bctcoin on May 26, 2014, 07:37:32 AM

Quote from: soccosocco on May 26, 2014, 07:32:26 AM

sorry
my username is already in http://bctcoin.com/claim.php
but not until to www.europex.eu

What can anybody help?

Dear Member,

We had sent you the giveaway to the wallet address given by you.Transaction Details given below.

To: soccosocco 56wcyLrQ94HmDYB6HuEyz2zUMmqJJR6NmR
Debit: -625.00 Bct
Transaction fee: 0.0000005 Bct
Transaction ID: 74514e0891c2d481dabdad7e67f508d1ae7b52212b866427a27f4926e8d782ec.

Thank you,

Team BCT

ok thank you
I would ask to costumer service www.europex.eu why until now has not been until

bctcoin

full member

Activity: 154

Merit: 100

Quote from: SirChiko on May 26, 2014, 07:44:47 AM

So you guys see, it won't be cashed out all at once...but we should wait atleast month till we will start doing these charitable things i think.

Yes, Its a long process,It will continue for a long time with all your support.

SirChiko

legendary

Activity: 966

Merit: 1000

So you guys see, it won't be cashed out all at once...but we should wait atleast month till we will start doing these charitable things i think.

bctcoin

full member

Activity: 154

Merit: 100

Quote from: soccosocco on May 26, 2014, 07:32:26 AM

sorry
my username is already in http://bctcoin.com/claim.php
but not until to www.europex.eu

What can anybody help?

Dear Member,

We had sent you the giveaway to the wallet address given by you.Transaction Details given below.

To: soccosocco 56wcyLrQ94HmDYB6HuEyz2zUMmqJJR6NmR
Debit: -625.00 Bct
Transaction fee: 0.0000005 Bct
Transaction ID: 74514e0891c2d481dabdad7e67f508d1ae7b52212b866427a27f4926e8d782ec.

Thank you,

Team BCT

soccosocco

sr. member

Activity: 392

Merit: 250

sorry
my username is already in http://bctcoin.com/claim.php
but not until to www.europex.eu

What can anybody help?

bctcoin

full member

Activity: 154

Merit: 100

Quote from: maccaspacca on May 26, 2014, 06:58:30 AM

Quote from: mladen00 on May 26, 2014, 06:52:47 AM

Yes de

Quote from: uki on May 26, 2014, 06:38:28 AM

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Actually very valid point.
The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold.
One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that.
This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins.

+1
dev please dont sell all charity share's coin at once, or let community to decide how and when to sale

+1

I think the key thing will be full transparency, something that this dev has given us fully up to now unlike similar coins

There hopefully will be a number of ways that charity coins are distributed / sold / dripped to the market over a longer period of time. Charities sometimes need big lump sums but for the most part regular contributions are better, fitting this coins purpose better.

Dear Members,

First of all we thank you for all your support and faith you kept on us till date.

Coming to distribution of funds to the charities there is nothing hurry to give them with in next few days.If we can slowly create big amount of BTC and convert them to USD,Pounds,Euros, etc. and donate it to

them that will fulfill our dream of helping the charities and the effort we kept for this coin from past few months.

We once again confirm you that every amount given to the charities will be 100 % transparent as we are till date and every proof of donation will be posted here on thread.

Before distributing we will take basic steps like mentioned below.

1.We will divide all the BCT we have for the cause in to weeks (example: 0.01 Million Per week) and send them to market.

2.Every amount converted to BTC will be posted here on thread.

3.Once we reach a reasonable amount we will pick few causes and keep for voting here.

4.Depending on the voting, amount will be distributed to the charities in order.

5.Proof of receipt will be posted here on thread.

Finally we promise that every single Satoshi we generate here will be given for the cause as announced in the beginning.No changes in that.

Thank You once again.

Regards,

Team BCT

dminer69

sr. member

Activity: 322

Merit: 250

we defendly need a time frame by % to the charity chosen, let say in this 3 months we will be giving this amount of % to this charity.
a sell by steps so there is no dump in the market.

maccaspacca

sr. member

Activity: 278

Merit: 258

Twitter: @maccaspacca1

Quote from: mladen00 on May 26, 2014, 06:52:47 AM

Yes de

Quote from: uki on May 26, 2014, 06:38:28 AM

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Actually very valid point.
The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold.
One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that.
This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins.

+1
dev please dont sell all charity share's coin at once, or let community to decide how and when to sale

+1

I think the key thing will be full transparency, something that this dev has given us fully up to now unlike similar coins

There hopefully will be a number of ways that charity coins are distributed / sold / dripped to the market over a longer period of time. Charities sometimes need big lump sums but for the most part regular contributions are better, fitting this coins purpose better.

mladen00

legendary

Activity: 2124

Merit: 1013

K-ing®

Yes de

Quote from: uki on May 26, 2014, 06:38:28 AM

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Actually very valid point.
The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold.
One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that.
This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins.

+1
dev please dont sell all charity share's coin at once, or let community to decide how and when to sale

maccaspacca

sr. member

Activity: 278

Merit: 258

Twitter: @maccaspacca1

Quote from: uki on May 26, 2014, 06:38:28 AM

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Actually very valid point.
The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold.
One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that.
This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins.

My vote would go to a charitable foundation of some kind. I'm sure once the coin gains traction bitcointalk.org could support support this, even providing independent scrutiny of it's activities. The policy on selling would depend on prevailing market conditions but I would imagine a "drip feed" approach into a BTC wallet for each charity would be best. The charity could then access the funds as needed.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Actually very valid point.
The current working model of the charities requires conversion to fiat money (via BTC), thus price will drop at the time these coins are sold.
One can however control the amount of coins that are released to charities (as maccaspacca also noted), to counterfeit that.
This rises another question, who is going to manage charity share of coins and what policy will be chosen on when to sell these coins.

maccaspacca

sr. member

Activity: 278

Merit: 258

Twitter: @maccaspacca1

Quote from: ouchmefoot on May 26, 2014, 06:29:50 AM

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

I'm sure there will be a plan to release the coins to charities over a period of time at a rate that won't affect the price.

The best way would be to release at a % of the mining rate or at a rate agreed with the community.

As the long term price rises and investors trust the coin more and more the value of each BCT will rise and so will the amount per coin sent to charities.

A charitable foundation is the best method to do this and with community voting on the rate of distribution.

ouchmefoot

full member

Activity: 198

Merit: 100

Something i have always wondered about charity coins...

As they need proper currency, not crypto, the BCT must be sold for BTC which can then be converted to cash.

Surely with such a huge amount of coins, the price will be held down as these are sold or smashed down if they are sold quickly.

I'm not criticising or FUDing, just asking if that is how it will work. If it is, others may be nervous about investing.

Fraxinus

legendary

Activity: 1274

Merit: 1000

Quote from: SirChiko on May 26, 2014, 03:18:47 AM

Seems like i'll be buying more...just look at these prices @ europex.

Yes they are rediculous, if all my btc wasn't in cold storage i wouldv bought today.
Coin is atleast ~~50x worth~~ the price thats on europex atm.

edit: its even worse then earlier, who the fuck sells at those prices Grin

Only 5 mil coins exist..

maccaspacca

sr. member

Activity: 278

Merit: 258

Twitter: @maccaspacca1

Keep voting...... we are on the last lap now

Vote on MP every hour today to make sure

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

just added my vote on Mintpal. For now BCT has 4000+ votes (or 4BTC) more than the second coin. But still I expect a close game when we approach the deadline.
Hope people won't dump it, once it starts trading on Mintpal.

SirChiko

legendary

Activity: 966

Merit: 1000

Seems like i'll be buying more...just look at these prices @ europex.

ObscureBean

legendary

Activity: 1148

Merit: 1000

Guys once we hit Mintpal later on

PLEASE DO NOT DUMP YOUR COINS

because it will drive BCT value down.

Our community needs to stick together hold our position.

Inevitably however, there will be some dumping as weak hands try to make some quick money.

Let the few that want to sell sell, it's ok.

Just don't panic if you see the price going down a little. Once the early dumpers are gone, BCT value will bounce back with a vengeance.

Just sit back and enjoy the ride Wink