Topic: Westerncoin ICO - Overview (Read 6518 times)

I just feel so bad for the people who got scammed on this coin. Bitconnect, Westerncoin, hextracoin, and regalcoin all stole people's hard earned money. I guess when someone promises you 1-5% a day, it is too good to be true.

Westercoin page is now closed for good.

Grx is using the same model. Loan at high price and sell at 20% of loan price.  Falcon and bankcoin do it too.

the site is gone for now,,
i can said this coin is dead,
and beware for another lending coin project, all lending coin will be like this too

100% Scam ,,



Now site has been closed

Warning. Lending has been down for multiple days and no response from Support...confirming what others already mentioned in thread...

i see a lot of people promote this one few weeks  ago,,
but now all of them quiet,, what happend,  is this shitcoin already die ?

i and several others  have received a email from what looks like westerncoin talking about there token linked to there coin just trying to find if its a scam or the real deal as they state its to stop the hacking that has happend on the site recently and being able to use a external exchange

Westerncoin is fake price, and I dont even see the daily interest rate on it

And that is why you scam others?

Even falcon coin is better

Western Coin is worse than a SCAM. At least with a SCAM it's over pretty quickly, they take your money and run and then it's over. With Western Coin they take your money and then leave you guessing as there is NO customer help or feedback. If you try to to take any profits out as BTC they make you buy their Western coin at their own inflated rates. For example if you try to move $200 profit out as BTC you will end up with about $20. If this isn't a SCAM then I don't know what is? They have not done a thing with their site since it was launched. It looks cheap and old. English may not be their first language so their answer to that is to not communicate at all. I have written at least 10 messages to their support link and they have not answered a single one. They are either so dumb or ignorant that they think it's perfectly acceptable to just totally ignore their customers (something to do with Asians losing "Face" They would rather lose their whole business rather than admit they can't speak or understand English.). I have about USD$5,000 invested in Western Coin and I'm sorry I ever signed up. Frustrating, exasperating are just a few words that spring to mind. I'm past caring now. It will only be a matter of time before Western Coin folds so take this as a warning. DO NOT INVEST IN WESTERN COIN. I don't even mind spreading FUD about my own investment. I'm in revenge mode now! I'm reconciled to the fact that I will never see my money again so I want to do as much damage to them as possible to lessen their profits from this SCAM!!! Western Coin truly is a complete waste of time and money.

When will they get their head out of their ass and change the coin to what it is actually worth??

I have a question for dev why did they not buy the domain name westerncoin.com when it was on sale?

why should i spent more money for that.....already spent 500 usd to buy token during the ico at 0,83 usd.....now the most important things get your money back first at least as same as your investment, then just wait for the profit....that is what i am doing when spent money for investment even with big coin like btc, eth, bch etc....


I have an issue with mine have been waiting several hours.  No reply from them yet.


have you get txid?....if you already got txid it is mean problem come from blockchain not from wnc website....

LOL

Not buying until eastern coin

Yes, they have to lend, not just buy coins.

If its a good investment you should be adding more money, not withdrawing out.

just try to withdraw btc and it come fast....only 10 minutes .... i like this...for me it is good investment......

Does the referral program pay commissions on referrals who lend? I would believe so however I am not seeing it in black and white (print). Unless I keep overlooking it. Thanks in advance.

Atleast i call it by its name.  It is a scam like all the other ponzi/piramide style of investments.
Would i advise people to use it?  Nope i would not and i did not. 
BUT!  if you like the gamble and want to trow money at it then please with my referral link so i get my 100 dollars sooner out and play with the house money.

you say they are scam....yes they are!
But still you try to get money with your reflink? Ever thought about the word "moral" ?
Sure all try to get out quick...but some will always keep hanging in it and loose all they had.

Not something i would advise people...

I have to say the buy and lending is not that clear but if enough people join this one could be getting really big.
Also how does that referral thing work?
I get a one time 8% from what my referrals spend AND 5% from their interrest?
Sounds like a winner to me!

Also spamming my referral link so i get rich: https://www.westerncoin.co/goldseller

By the way people have to know these sites are scams in the end and should not involve with these sites or get in make a lot of money and get out!

so many coins these days

I just feel this is the new Bitconnect, Bitconnect seems to be metamorphosing into so many different projects and alot of people will lost their money in this Ponzi

is there any telegram channel for this? I cant find any info anywhere

my bad, thanks much. 
Am using mobile device and could barely see that i can select the wallet there.

Check in Wallet (and make sure you select Bitcoin, by default you'll see the WesternCoin wallet).

Also don't have any reply yet.
Also, the Transaction doesn't even Show up as pending in my Dashboard. there's just nothing 

I also deposited BTC today, transaction has lots of confirmations, but it's still pending in my WesternCoin wallet. Contacted support few hours ago, no reply yet.

I deposited BTC today; the Transaction has 20+ confirmations but still doesn't show up. Any ideas? Does it always take so long or should i write a support ticket?

I sold off after holding it 2 days.

And the corny sell price is like half of the price if you lock it into a LOAN.

I don't suggest anyone to do that, they will figure out that they have better coins that they can put money into sooner or later.

I don't know "WNC lending competition challenge coming soon with reward $1,000 to $100,000"
https://www.westerncoin.co/thiemttco

WESTERCOIN!!!!!!  THE NEXT BITCONNECT!!!
Higher interest paid! 10 deep ladder!
Best lending platform out there!!
The current price of lending is almost double the cost of the coin. Just did 2 100$ loans for 105$.

The price right now is hovering around 1.70$
Regal is at 71$
Hex is at 30 something dont know didnt check.. buggy site.

https://www.westerncoin.co/seriously Join up or cry later!

This coin is going to explode when it hits exchanges next month!! 

A lot of new projects are now coming to the space to bank on Bitconnect success, all these projects are Ponzi, but one can take advantage of them before the whole scheme comes down crashing because a lot of people will surely lose money on this

You can check their ann thread in order to get full information about tokensale deposit address. Later go to blockchain and check and compare their balance with given numbers on site. Btw,i have no doubt with my investment on project

There is someone that send bitcoin to the site for buying westerncoin? and there is someone that withdraw from the site? Just for knowing. Thank you!

Now the token is tradable among Westerncoin users. I might want to join later if things go ok

But when you sell or take out profits they only pay you 50%

Come join Westerncoin!
Lending Interest up to 45% per month!!
Get in while the coins are still cheap!
https://www.westerncoin.co/seriously

Higher interest payouts

2 100 LOANS FOR 100$


Its way easier then bitconnect. and the coins are cheap right now dont miss out

yeah...may be you are right but may be you are wrong. i don't know what kind of crypto do you think have real product. eth may be, but u see even with eth that people call have new tech, it down to 8 usd, and now it price more than 300 usd, but what make eth price high is not from eth itself, the rising of btc prce have a big part of the rise of eth. people make invesment to get profit, they do not care if a coin have great feature or not, as long it give profit, its fine. and one thing....every crypto have their own feature that will attract investor.....crypto like eth, neo, etc is in their technology but bitconnect, regal etc is in their lending program...

this is another ponzi scheme with coverred by a coin,,
just like bitconnect, regalcoin etc,,
the real product is not a cryptocurrency but their lending program,,
all crypto with lending program have no great features inside or new tech

Grab more WNC coins and lend it. that is to maximize your profit.

right now...wnc price still very cheap in the internal exchange, and some people already try to wd btc from their sites, it works fine. i think it show their good intention not to scam people. i believe wnc will have a great future in the crypto world.

You can click on the interest and you'll see more details

they dont indicate how much interest we get for each day like bitconnect and regalcoin will show up in the dashboard..??

Becarefull for ico. Almost all ico coin price tanked now. Especially erc20 token. Maybe because investor moved their money to bitcoin for hardfork

YUP...and i hope wnc will be $30 price when they start external exchange on december..

I am not liking what I see. I was going to by the coin, but now I'll withdraw my BTC.

They are back online!

still finalizing.

Ya price still low is good to buy..but now maintainence cannot login.

Hi people,

Westercoin opened the internal exchange, current price is $2.88. I bough very early and was able to make some money by selling at $6. I was able to withdraw the money and everything.

I think only can buy from wnc exchange ..their internal ezchange

Looks like the ICO has already ended. Where can I buy some, is it still cheap?

I am planning to put some money in bitserial ICO.

You should check this out.

https://bitserial.io?sp=smarivec

Don't miss out again like bitconnect and regalcoin.

it does not listed in any exchange yet right??

The lending program started but i cant seem to find what is the daily interest rate like what bitconnect or regalcoin has so is the payout started?

Hey,

Just wondering if WesternCoin has a whitepaper?

I've read that they don't have one, but I just wanted to confirm..

Thanks!

I watch a youtube video reviewing this project yesterday, It seems it is similar to Bitconnect, I miss out on Bitconnect because some people said it is a scam, 250X in a year. I will definitely look into this and the team

Westerncoin internal exchange opened. check it out!!

Today is operating of Internal Exchange....but the website is under mainternance all the day. Are there anybody contact to Administrator, Please advise

websites still maintenance, hope they finish it soon,,,

I want to buy westerncoin, chat me on telegram @obalola, if you have for sale

Last ICO price was at $1.05

The project looks good. I'll buy when it hit exchanges

So this is like Bitconnect and Regalcoin... Another project that is promising for lending returns to its users with an ICO, that will eventually collapse because it is an obvious ponzi scheme. 45% monthly returns on your coins is just too good to be true.

I would not recommending investing. Even though Regalcoin and Bitconnect have succeeded doesn't mean this project will.

How much was the ICO price on Westerncoin?

I agree with you. so for me, I ride it out since we all know people will exploit this space of lending profit.

All these new lending ICO projects flooding the space, people here can copy and paste, since the success of Salt ICO alot of project have been looking for ways to copy and adapt the model, but as we can all see the space is not mature enough for services like this

Internal exchanges will be activate on Nov. 1. it will be going up.

ico is over...when I can buy this coin??

It would be on December. Please look at the roadmap.

Yes you are right. so better to hold your coins and lend it when you think the price is right.

Question for lending.

Westerncoin

Dear Our Valued Member,

Lending Program will be start on 25th October 2017
with WNC Price $ 1.25

How does the Lending work?
When you have 100 WCN coins = $ 112.50 for lending by the start.

When you wait a month and the price is $ 25,- for 1 WCN - 100 WCN = $ 2,500.00 for lending by the start.

Am I right?

Or are you lending the WCN coins on daily price with no value in dollars?

I thinks you need move thread somewhere here:
https://bitcointalk.org/index.php?board=67.0

This is speculations section.

Please create your own thread. Thanks

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