Bitcoin Interest (BCI) is Dead.

By Kavi | Kavya | 7 May 2020

Hey ! Welcome to my blog .

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I have started a 'series of failed project on blockchain' in my blog . Every time we people talk about progressive blockchain and their achievement but Nobody likes to talk about those project which were successfully launched but later got failed and cheated investors.

Lets start with Bitcoin Interest (BCI) coins .

Bitcoin Interest came to exist on 15th May ,2018 and did splendid opening on exchange approx $8.00/BCI .It was listed on Top Exchanges HITBTC & BITFINEX and later listed on others medium range exchanges for trading . It was base on 'proof of Staking' and 'proof of work ' means if you Buy and hold it then you will receive BCI coins as interest .

If you remember in 2018 in the month of January , BitConnect (BCC) coin was exit scam which impacted drastically and shook the trust of all the investors and later we noticed market started falling downward .Why I had to tell you this story because Bitcoin Interest was very enthusiastic project which was forked from Original Bitcoin. Total supply of BCI was 22,300,000 and The growth of this coin went well for just year after that its started declining paying interest to their investors and also stop updating about any progress news even if you go to their Telegram channel ,their are more than 3 k subscribers but the admin don't respond anything to them.

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Currently , Bitcoin Interest coin being traded on HITBTC and STEX with almost zero volume from last 9 months .Bitfinex already delisted this coin because of no trading volume and also they suspected scam project .

So , Overall the message is very clear , All the hard fork from original bitcoin is not going to be gold valued coin and always invest carefully with full research . Just think about Those investors who bought the coin on pick price and locked it to BCI wallet for a year and now they got peanuts ...hehe sad for them.

1. Bitcoin interest :