Could this coin recover ?
The website is still running, and its still being traded.
HELL NO.
Regalcoin is dead. All lending-type platforms are dead (they're now being called "savings" program instead of lending programs). The people behind the project are both scammers and brain dead people.
Go back through this thread and you'll see my progression of thought. I really, really wanted Regal to work. I invested in this coin and thought there was a future.
But they scammed everyone.
Everyone.
Every single investor got scammed.
Many of us were at the end of our contracts when these pieces of shit completely CHANGED the contract and forced us into new ones, without our consent.
Someone should start a class action lawsuit against these scammers. I have plenty of information at my disposal, I know the people behind the scam. They're easy to find.
you can tell they've given up....they used to respond on this thread but now, with all the negative you see on here, they dont even respond or try to explain or excite anybody about their project. They know its dead and have given up. Research who REC team is and avoid any future investments that involve them. If I were in charge of this project, the very first thing I would do (after contemplating suicide) would be try to reestablish some faith in the project. Respond to the community's concerns and reassure them that things will get better. Even if it only affects a small amount of people, that would be positive and could help some, which shows some progress that could attract a little more investors, and so on and so on having a ripple affect that would only help and couldnt hurt.
But its obvious they have given up and are just riding the wave of failure.
THROW A ROCK IN THE WATER AND CREATE A RIPPE EFFECT ya bastards.....for the sake of the people who are invested. I'd say @ $0.17 thees a lot more room to go up than down, but then i remembered how many satoshis are in a penny.
17 cents seems small compared to coins in the 100s and 1000s of dollars, but 17 cents is huge compared to coins like Electra that cost 0.0007 right now. 14 cents would be 200 times bigger than 0.0007. Its not over REC unless you give up. You dont have to be a $100 coin to be successful, you just have to be proACTIVE
Dig around and find the people who run this coin. Find their social media profiles.
You're talking about Grade A morons who have moved past Regalcoin on to newer scams (like Steneum). They've moved onto new scams like Ontology and Signalcoins.
The moron(s) behind Regalcoin should be studied in every economic class on earth as to how a decent idea can be killed because of sheer incompetence. He's a complete retard who made every wrong move possible. Regal would have lasted longer and had more value if the creator had simply done nothing at all. Instead, he panicked, and every move he made was the wrong one.