Regal Coin Review - A New Competitor To BitConnect, BitConnect 2.0, Scam, or A Clone?

in dtube •  7 years ago 


Regal Coin Review - A New Competitor To BitConnect, BitConnect 2.0, Scam, or A Clone?
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Nice video I like to hear unbiased opinions and I think I will look into regal coin

  ·  7 years ago (edited)

Well despite me thinking that this is HYIP there is still an opportunity to make money at least in the short term with this platform.

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Hey this looks interesting, maybe a scam, but there is the possibility to triple your investment. Thanks for presenting this information to us. If you have a referral link, I will like to use it and give this a try with a few dollars. tip! post

Thank you for your feedback. However, I do not have a referral link as I will not be referring anyone to it. I just signed up to do the video.

Great post, do you have their ICO link for further DD? you are doing a great job bro...keep it up

This is something that I put in the high risk category (think of Bitconnect) but the website is here - https://regalcoin.co

You can read the white paper here - https://regalcoin.co/pdf/Regalcoin_English.pdf

The same here bud...its on high risk and no interest ..they are not even on icorating.com or can you find them there?

At least not yet but I'm sure if they were they would be put in the very high risk if not scam column.

Good point bud, I agree.
Are you looking to proceed with Cindicator ICO? if no which one in your opinion will be a top buy with low cash

I'm glad that you brought this one to my attention as I had no idea that it even existed until now. There are a ton of these things launching that I cannot even keep track, lol!

Absolutely, I guess that will be a good one. Any solid one on your rader?

I cannot say that I have found a coin that sticks out at the moment. I'm seriously considering just putting everything into LTC or ETH as I see these 2 going up no matter what (as long Bitcoin does well). I did not want to get burned by one of these ICO's as not all of them that come out aren't going to make it.

Good point

Hi @mrwalt the graphics contain in the whitepaper shows scene of the HK skyline with traditional Chinese characters wordings so it may be a HK based company that is doing the ICO. To be doing an ICO at this time is problematic with the temporary crack down by China and the recent remarks by the SFC in HK about ICOs. There was a Bitcoin scam in HK a few years ago in which millions of dollars was involved with arrests and I think the authorities will probably keep a close eye on this not wanting another scandal on their watch. I will definitely be keeping an eye on this as to whether it will ICO.

You are correct on all fronts as it could definitely be a scam or someone trying to clone Bitconnect since it is a platform that a lot of people have dumped money into. I mean anyone can almost print money at will. Just think that if the ICO is successful they will have raised almost 5 million dollars off of a website that it not even completed yet. Crazy stuff.

this is a good post, I really like it. hopefully the next post is better than this. thank you already share. and thank you too, If you get the time, to see my post today about life and for the attention and love it I am very grateful.

Thank you for your feedback and I will definitely check out your posts on your blog.

good information my friend.. good luck

Thank you. However, I will not be investing in it.

This is just the another scam and nothing else.

I agree it is very possible that is just like Bitconnect. However, in the short term there is a good possibly that people can still make money with this particular platform even if it may be a scam as a lot of people have suggested. Believe me I do not hold my tongue when it comes to these type of programs but there is still possibly an opportunity for those that are willing to take the risks to make money.

Yes, only the early investors earn a lot from these programs. So people should know if the saturation point has come, they should leave it. At any time, it may shut down.

Yeah I will definitely sit this one out as I'm not convinced as of yet that it is going to live up to the promise of being the next big thing. If it has a successful launch and communicates openly about some of the things that I mentioned I may then perhaps be more open to the idea. However, for now I will be on the sidelines.

With the banning of ICOs by China, very difficult to invest in new ones.

Other countries might follow and bring all new ICOs down.

Time to be cautious!

After talking with @heimindanger, I made a post with the latest stats of DTube and how well it is competing with Youtube. Do check it out! You are part of the stats @mrwalt :)

Cheers XD

I think that the people in China will find a way around it just like most US investors aren't allowed to invest in ICO's but still do. Where there is money to be made people will find a way to continue to put their money into these various startups.

Also great analysis on DTube as I did indeed check out your article.

You are right! When one door closes, another door eventually opens.

The way cryptos are, I guess it would be difficult to stifle its progress!

Thanks for checking out my post and for the nice comment :)

Cheers XD

Yeah Bitcoin is too big now where even a country like China could effect it's future growth. Bitcoin and this entire market is here to stay regardless if they like it or not.

thank you for information

Thank you for viewing the content.

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Thank you for the tip.

Mannn, this thing is everywhere leading by the Indonesians. I might have to get some tokens just to hold :)

Yeah I think that it will blow up pretty big in the beginning. What happens from there is anyone's guess. However, it has the potential because of the nature of the program being that people are forced to buy the token to skyrocket in price regardless of if it is a scam or not. Look at what happened with the price of the Bitconnect token regardless of my opinion on it.

A scam? What do you think?
I just started following you.looking forward to gather much info from you broda!

Thank you for following me and for your feedback. In my honest opinion I can not say that it is a scam but it is definitely high risk. This could be a program that does payout for some time or one that just takes your money. You never know until it happens. I always to only use money that you can afford to lose when you are investing in these type of programs.

Great break down of this platform. I am just learning about cryptocurrency . I may venture out into this. Love the risk disclaimer. Thanks for the info!

I appreciate your feedback as this ICO is definitely a hot topic due to the making money aspect of it.

Just came across u on youtube n binj watched a bunch of videos . like ur content but be careful with with ico's. Everyone has do to there research and ur video demenstrates the good possibilies of this basically new biconnect launching👌thanks for the great watch new follower

Glad that you found my content online, but trust me I would definitely would not put my money in this platform. However, in the short term for those that do invest in this coin I believe that it will do well assuming that it follows in the footsteps of Bitconnect since that is what it is modeled after.

  ·  7 years ago (edited)

I may pass on this one. New ICOs and investment opportunities are coming out often, so I don't feel any urgency to invest at this time. They sell out too fast on their tokens and having to sign up under someone doesn't sit well with me. I can't be bothered. So, if I miss this boat, then it is what it is.

I agree that the way that they have the ICO process to where people can purchase the token is discouraging to a lot of people that want to invest in Regal Coins. Although I'm not one of those people I do see the frustration and feel that it will just force some people to look for other sounds investment opportunities as opposed to waiting around.

I watched a few YouTube videos made by some people who are promoting this ICO. Some of them are complaining that they deposited their Bitcoins at the platform but that they haven't been able to buy since the tokens are selling out too fast. The company that runs the platform have placed a limit on the number of coins that they sell in a day. Few people have the time to wait around or to keep checking back for buy opportunities.

Yep they did this by design to create a excitement and a buying frenzy so that the demand substains itself without the entire ICO launch.

Good point. Scarcity and FOMO are powerful drivers for emotional investors.