Wallet Link – See Below
BotCoin (BOT) captured the Crypto Currency world this past week. Immediately upon announcement at BitCoinTalk.org heated debate began: Real, Fake, Scam? I read the over 100 pages as it unfolded. A demo video was posted on UTube but claim were it was a fake.
The Promise: Developers clearly stated their goals. (I believe this rare practice led them to success.) Their goals were:
1) The Bot (trading software named BOTzilla) would be fully-featured and fully-functional at release.
2) Bot would rival the top bots currently available and work on all exchanges: C-CEX, BTCChina, Bittrex, Poloniex, Cryptsy & more.
3) Would cost less than ½ BTC.
4) By trading ICO buyers could own (with profits) a BOT for free.
Pre-Orders: This small hyphenated word created the most confusion. The fixed price was set at .003 BTC per Bot coin (about $.70) with 100 BotCoins necessary to activate the trading platform.
Many did not understand that pre-orders were able to be placed before the ICO started. The orders piled up fast. Over 155 BTC was pre-ordered while only 120 BTC of BOT coins were available. Late comers, arriving before the start time, were shut out.
Also missed: It was a fixed price ICO at 0.003 BTC per coin. Some buyers put in orders over the fixed rate. Their orders were disallowed. Some buyers thought the ICO would not sell out and placed orders lower than the fixed rate. They were upset to come back and find it was a sell out.
Big Winners: 1. Host exchange – CCEX. The ICO: It was expected to last 7 days. Total length of the sale – 1 sec. or less and 2. ICO buyers who placed orders at the fixed rate and within the 1st 120 BTC limit (about $28,000) were happy owners of BOT Coin and the included trading software. Then, the action really got fired up. Huge Profits were made by sellers with a few buyers paying up to 6 times ICO price (I bought and sold several times).
The verdict: Software is real and works. How do I know? I paid my 0.3 BTC (about $70 US) to find out. How do you spell BOT? Big profits. Is Was it a scam? You will need to be the judge. You can still sell your BOT for more than double the ICO price. New accusations are that the BOT software is a copy of another coins’ software (CIRC). Others say it is the same developers as CIRC Coin re-selling again. One Note: The Ping-Pong trading feature page initially was blank and the easy fix is buried in the 100 pages. My understanding is that is now fixed in the wallet. If not, you can find the solution on page 46 of the thread – post 907 on BitCoinTalk.
The Future: Developers plan to release Version 2 which will be a free upgrade including: Mobile bot apps (Android / iphone) with cloud based support & mobile push alerts.
The only thing for sure is it was an exciting week in Altcoins.
Click Image Below to Download Wallet
Addnodes: Buried in the 100 pages
For those with extra time on their hands who want to read the
100+ pages (a fun read) with lots of pictures
and video as the action progressed, go to BitCoinTalk.org
and feel like you were a part of the excitement.