How will you deal with pump-and-dump groups? Do you have plans how to protect your investors?
Read more in White Paper https://bankcoinreserve.io/wp-content/uploads/2019/10/Bankcoin-Reserve-WhitepaperV1.1.pdfBankcoin Reserve was created with the idea of having real world utilisation of its coins!
Bankcoin Reserve (BCR) is on a mission to change the perception surrounding cryptocurrencies and also reimagining money as a financial instrument. This is accomplished by developing a monetary system that is inclusive, rewards the user, encourages the movement of capital while also acting as a stable anchor thereby fostering economic activity and growth. Bankcoin Reserve provides its user with lucrative incentives as well as a prospective store of value, that helps attract capital into the BCR ecosystem. This is achieved by tethering the value of one BCR coin to the prevailing price of one troy ounce of gold. Here, the ceiling market price of one troy ounce of gold in the previous month becomes the floor price of Bankcoin Reserve for the following month until a new ceiling price is achieved. Bankcoin Reserve also creates value for the user through its ability to mint up to 10% per annum of the principal amount when held in its proprietary digital wallet. In addition, what also makes Bankcoin Reserve unique is its ability to cater to any and all sectors.
10% per year doesn't look attractive for me. Is there any other benefits for BCR users?
Banks still didn't accept bitcoin, any good reason why they should use your coin for their regular purposes?
This new multifunctional product allows banks to adapt and adopt innovation through Bankcoin Reserve and its licenses.However, the main difference between Bankcoin Reserve Coin and other cryptocurrencies is that its price is pegged to the maximum market price of one troy ounce of gold as of the previous month. This price becomes the minimum price on the coin for the following month.
In other words, Bankcoin Reserve Coin doesn’t manufacture its market price, meaning that the current gold price defines the price on the coin.
I have some gold, will you accept it in exchange to BankCoin Reserve? Or maybe other payment methods, like Visa/MC?
Tokens are now available for purchase on the exchange. See purchase conditions there. BCR is already listed on 3 exchange: CCX, Btcexa, HomiEx
If solution for real business will work I will tell about your project my friends and family! Just never give up and stick to your roadmap!
Thank you for your support and faith in the success of the project!