03 December, 2017 Views: 195 Points: 0
This is a brand new platform that is having its ICO on 15 November 2017.
As you may have guessed, Bit4g. is meant to be an Erc 23 version, which is a highly successful online investment and trading platform.
If it can match the success of Bitconnect, which has seen the value of its coins rise from around $0.15 at the time of their launch to over $200 now, then it will do extremely well. That is a rise of over 130,000% so has been an incredible amount of growth.
If you had invested just $100 in Bitconnect Coins at the outset they would now be worth over $1.3 million.
But will Bit4g achieve those returns too? And does it have a sound plan in place?
We will take a look at these questions and take a deep dive into it below.
What is Bit4g?
Bit4G is an advanced, cryptocurrency based growth fund, lending and staking platform.This platform is the culmination of a long-standing dream - To bring the magic of Artificial Intelligence (AI) to the world of trading, and make it accessible to the masses.
At the very heart of Bit4G is a self-learning, AI-based trading algorithm which is way ahead of our times and other 'trading bots' available in the market. That's because it does not follow a single pre-fed trading strategy. Bit4G is truly intelligent in the sense that it is able to learn from every SINGLE trade it makes and continuously improves itself in the process.
It is worth bearing in mind that this has been translated from Japanese, so some things appear to have been lost in translation.
It goes on to say that users will be able to maintain their privacy whilst of course all transactions being recorded on the blockchain as normal with other blockchains.
In the White Paper it gives a perhaps more succinct and accurate description of Bit4g, saying: “ Bit4g (B4GCOIN) is a self-Learning financial system with P2P transaction based on [an] open source platform.”
They plan to follow the four pillars of the Bit4g system, those being:
Let’s take a quick look at how each of those works and how you can potentially profit from them:
This is the part of the Bitconnect platform that generates the most interest and may also be with Bit4g too. They are actually offering slightly higher potential returns from their lending scheme, saying you will be able to earn up to 49% compared to 40% with Bitconnect.
There is not a great deal of information on how the trading will work, with the White Paper saying: “This option is also rather potential for investors although the profit margin is not equal to lending. But with a stable development trend, this is still a profitable investment opportunity.”
It is probably fair to assume that they will have their own exchange available on the platform that will allow you to buy and sell B4G and try to profit from the price movements. As they have alluded to however, how well you do on this will depend primarily on your skills as a trader.
Again there is not much information on how this will work, but it would seem fair to assume they will copy the same approach as Bitconnect and allow you to hold Bit4g whilst also gaining interest whilst you do.
The White Paper states “We provide POW algorithms so people can mine with the amount of coin we permit.” Beyond that we are not given much more in the way of detail
ICO Token Saled out
There is quite a detailed roadmap for the development of Bit4g. Some of the key milestones are planned to be:
Note:-*Use VPN for smooth services of http://www.Bit4g.com
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