BCT

Quinthyll

Notice I said a few months is decoupling, not decouple. My point was this is not a sign BCT is decoupling in real time in front of us. It would need to do this for months. Then if it did, THEN stayed that way for a few quarters, then it's no longer depending, it's decoupled m

Ace2021

Nah I just DCA into BCT through River (no fees) and chill. I’ll look at the charts maybe once or twice a month. Highly recommend for mental health.

tungfa

i think u are in the wrong subreddit , this is all BCT ! coswhat ; )

tupidataba

Here in Brazil a girl with nickname Beiçola da Privacy (real name Martina), a popular nsfw influencer in Brazil and also in X with 51k followers, launched her memecoin BCT few days ago and according [Dexscreener](https://dexscreener.com/solana/cwa4wde1oabiwdzueykwiebpr3cbayomftbatm4mxxgj) now has reached U$ 2.1M market cap. BCT obviously refers to the recent BTC ATH but also gathers the letters from the world "buceta", the brazilian slang for vagina. Despite being a sex worker Beiçola borrowed her name from a popular TV male comedy weird character that wasn't famous for being attractive. Coincidence or not, BCT launch followed the Hawk Tuah memecoin but in Brazil it didn't grab attention as happened in US. I don't know if the American token had a roadmap but Beiçola posted on X that would host pool parties and give secret gifts to BCT holders according with her coin valuation. Note: I'm not a BCT holder due to my wife's concerns.

RowProud7915

Trump had a huge positive impact on BCT. Harris would have destroyed it…like everything else the liberals touch…

PirateSKB

Nah, those are shilled here often too, infact they were shilled to death here last bullrun lol I've been looking for something that has a decent team and concept (w/ a potentially good working prototype), but relatively unknown status. Think Raiblocks in 2017 when they did captchas and announced their work on BCT, Eth back before it was a proven concept and people were calling Vitalik a scammer, Xtrabytes before it became overhyped vaporware, etc

user_name_checks_out

> I'm going to bed. What's the chance of bct goes pass 100k when I wake up? What's BCT? Some shitcoin?

Single_Scientist_419

They started mining in 2021. So 474 BCT in 3 years

Hells-waiting

That's the fake BTC. What you have is BCT. You've been sPunked!

Embarrassed-Virus579

Here the thing, BCT doesn't give a shit what you or me or anyone think.

Rayo2000

Well, while that scenario is possible is also hipotetic. Bit is mostly certain and more possible that wars create huge inflation. Let say due to the Craziness and coloniasm of EEUU alor with its mercenaries create a problem mainly and most important in Middle East you know that oil moves the world soo if that is stopped...Hell of INFLATION WE WILL SEE....SO I'LL RATHER STICK TO BCT , GOLD , SILVER.

dpatou23

https://youtu.be/MSwNN0aW7V0?si=rcqQNL83qW3BCT-q

Adventurous_Sky_7936

A often overlooked value to the halving is the business surrounding BTC. At the halving the current cost of production will jump about 50% from around 35k to 60k. This cost is due primarily to the competition involved so it can decrease; however, historically this has been the floor for BCT. I am of the opinion this is due to the fact if you are in the business of producing BCT it makes sense to HODL or even buy BCT if the price falls below production costs. The only caveat to that would be in the case that BTC lost significant network support over an extended period of time. Personally I don’t believe that to be the current operating environment; in fact, I’m so bullish I could perceive an escape velocity from this risk being met in the next 3-5 yrs if not sooner. At any rate, this in addition to a reduced supply, has historically been a significant catalyst for BTCs price. Although I could understand the argument that future halvenings will have diminished effects as to this catalyst.

Adventurous_Sky_7936

I don’t see it going below 60 if it does then not for long. After the halving in 2 days the cost of production will be 60. Once it makes that jump it is a fairly consistent floor for BCT. I’m dollar cost averaging. I’m doing daily. Figure 100 bucks a day you’re fully exposed in 20 days. Another option do 25 bucks a day but set up some limit buys for more of a chunk at 60. Maybe set up a flyer to see if you can catch a wick at 58 or even 52. All that being said in two days time if it’s cheaper to buy BCT than it is to make BCT and you’re in the business of producing BCT then what would you do?

Maxx3141

As a BCT Maxi, I wonder: What's the difference?

Ok-Jump-2660

Put it on BCT and BCH

SpeakerEast3788

They had tobwait until BCT rebounded so they can buy the dip lol.

GeminiJ13

Pay off the debt, wait for a dip, buy BCT later.

MaineHippo83

BCT not looking so hot Down 93% over 1 year

elidevious

wtf…dude, this makes no sense. If you sell at a 17k loss, you’re locked in with that loss. If you reinvest that remaining 2k into ETH, the best you can do is a 4x if ETH hits 15k. That will turn your 2k into 8k. But you’ll still be down 11k from your original 19k investment in the shit coin. If you DCA in to ETH, that’s completely separate and has nothing to do with reviving your original 17k loss. Essentially, you made a poor investment and you need to take that as a learning opportunity. There is an infinite supply of fiat, so you’ll be fine. Keep grinding at the day job and put your money in hard digital assets like BCT and ETH.

Zeta2Riemann

With some approximation, It seems that BCT never spend more than 4 years without a digit addition. It have been at 5 digit during the last 4 years. Maybe 2024 closure will be at 6 digits 👀

Creme-Waste

If you have Nansen PRO, you can get ETH and other non-BTC inflows for Coinbase. Otherwise, as I replied earlier, Coinbase has a tricky BCT setup where we do not know their walled addresses to check. I assume DefiLlama does not feel confident tracking Coinbase bc the info will always be incomplete.

IrvTheSwirv

Bitcion with ticket BCT. Exists solely to take advantage of any fat fingered typo-merchants.

IrvTheSwirv

Bitcion. (ticker BCT) Should be enough fat fingered typo-merchants to build a decent market cap.

mckeddieaz

Never tried it, that's why I'm asking. Not sure how to send fiat to buy BCT

Embarrassed-Bowl-230

The supply squeeze will be immense. Less btc created means fewer will be sold and therefor the price will go up. People will fomo back in, making for higher demand and again lowering the amount of BCT for sale....continue, continue, continue > 200k 2025 eoy.

mckeddieaz

I currently have a Trevor for cold storage and Exodus (desktop only). Both seem to have purchasing options for more Bitcoin but I don't know which might be better to buy will. Thoughts? Additionally, I don't plan to spend much of my BCT but I occasionally do. Having the app on my Android phone would seem convenient but I have been reluctant to add it believing that doing so would add an additional 'attack vector' so someone to gain access to my wallet. Are my fears valid? What makes you feel safe in having the app on your phone?

Yasha666

apeing into Bictoin (BCT) as we speak!

Luiaard_13

Throws money at BCT. Oh sht.

waldito

Simple! >**1 BTC = 1 BCT** A better question might be: *how much our currencies will be devaluated this year*?

Jim_Reality

If the cartel launches the attack- more likely majority led protocol changes- the minority won't matter. The mobs of NPC humans who poured their wealth into BTC ETFs run by the cartel will ensure that the new BCT chain wins the day.

sQtWLgK

Except that it most likely never happened. The only primary source seems to be a BCT thread from a person with a well known savior complex, which curiously didn't show any proof of the offending block (he mentions a block hash but it doesn't exist anywhere). For all we know, that guy noticed the urgent git commit and then made a post about an invented invalid block.

ContextMelodic4212

I honestly dislike these kind of researches as they bring confusion and useless fears among investors. It might make sense for a traditional financial product such as ETFs and stocks, but BCT trades 24/7. Just bough mine btw :D (I have the recurring purchase on Saturday as I see it as the end of the week for me, but so far it worked well!)

rockiellow

I like BCT too

userfakesuper

You know how to avoid this struggle to come up with fiat to dca into the dips? It is so easy and simple. Set a sell point that you can profit from and sell. The idea that we are all here for the tech is just a shell game some use to justify and demean others who are here for the real reason.. to make a profit. Use your profits wisely to invest in the market when the bears are eating everyone else alive. If you do not know how to make a profit in BOTH a bear and bull market, please invest in some education and learn how to do this. NO.. I will not be teaching anyone how to do this. I learned and found my own sweet spot for doing this. Been here since BCT was barely a thought in the mainstream conscious. Made some good mistakes (meaning I learned from the mistakes) and some good trades. Oh and being heavily diversified in this coin game is and will always be a bad idea/loss. That is a myth. Settle on 3-10 coins you are comfortable with and focus on them. Remove the ones that fail and add ones that excite you. Stay away from the "penny stock' coins.. mostly rug pulls anyway. Good luck and have fun in the next bull run! I know I will.

MichaelAischmann

Sometimes it's good to take a foreigners perspective: * BCT/EUR: +45% YoY * BTC/USD: +50% YoY * BTC/INR: +58% YoY * BTC/CNY: +62% YoY * BTC/KES: +80% YoY * BTC/TRY: +105% YoY * BTC/RUB: +129% YoY * BTC/NGN: +198% YoY The Nigerian Naira lost 80% of its value against the USD alone in the last week. Measured in NGN, bitcoin is just about 5% shy of a new ATH (9% for Turkey).

chubs66

>While banks were collapsing this year, SVB, First republic bank and Signature bankk (which are just the first of many) the bitcoin price almost doubled in value. No one is investing in crypto for its stability. It's probably the most volatile asset in history. While it may have doubled in value over some cherry picked date, you could just as easily pick from many periods where it's value crashed. Lots of folks have speculated that it might be a good hedge against financial collapse -- and they might be right -- but so far Crypto has mostly taken its queues from the global market. \>While banks were collapsing this year, SVB, First republic bank and Signature bankk (which are just the first of many) the bitcoin price almost doubled in value. \>Bitcoin has effectively made those banks obsolete Has it? You think venture capital is somehow now raising funds from BTC suppliers? \>Furthermore in developing countries like Libanon, Turkey and Egypt bitcoin has been used by over 30% of the population to preserve their purchasing power as their currencies have inflated from 60% to around 100% in one year. This is your first decent argument for crypto having utility. If people in developing countries find BCT attractive for saving or transacting, then that's great. That's actual utility. \>You mention lightning so you know payments or speed aren't an issue and then you also have bitcoin debit cards where your bitcoin instantly gets swapped for the local currency when purchasing anything anywhere in the world where they accept Visa or Mastercard. This is another bad example. This is using banking infrastructure and then trading cash for crypto after the payment has been made with fiat.

sQtWLgK

I don't think that ever happened. Go check yourself block 74638, which is totally normal, no overflows. The BCT post is from a person with a well known savior complex, so probably half fabricated in coincidence with the git patch for an overflow bug. By the 2nd half of 2010 Bitcoin had several tens thousands of users already; if that block ever existed, there should have been some more concrete evidence. Therefore, IMHO reports of that incident were greatly exaggerated, if it happened at all.

sQtWLgK

loool nothing was reset! Go check yourself block 74638, which is totally normal. The BCT post is from a person with a well known savior complex, so probably half fabricated in coincidence with the git patch. By the 2nd half of 2010 Bitcoin had several tens thousands of users already; if that block ever existed, there should have been some more concrete evidence. Besides, even if somehow that did happen, it's still no reset and no consensus issue. Because overflowing blocks are quite obviously incapable of reaching consensus with each other, and so only the patched version with no overflow can reach consensus. Isolated, autonomous groups of users can be expected (necessarily) to fix overflows with absolutely zero coordination with others.

giddyup281

Yup, noticed the same thing. BCT and ETH went down a few %, moons went up like 10-12%. It came a bit down today, but that was nice to see.

Ancient-Scientist456

Yeah I mostly do BCT and ETH but a couple other alts as well

HomieApathy

Only BCT

hostedenis

You don't need charts. It's super easy to calculate. There will only ever be a maximum of 21.000.000 BTC. If you owned 1 BTC, you'd be in a club of the 21 million wealthiest BTC owners, if all held a BTC. Because some will hold (a lot) more, and it's not evenly distributed,you'll be with less than 21 million people but the exact number you cannot know. (There are also lost coins, and not all 21mill have been mined yet and never will) Now, if you want to be in the top 1%, then if you own 0.28 BTC, you’re statistically guaranteed to be in the richest 1% of the world amongst BTC owners. Because if you divide the number of Bitcoins = 21.000.000 by 1% of the then-current world population of 7.5bn, you get… 0.28 BCT.

KAX1107

People have actually signed from even earlier addresses than this. A total of 145 addresses from 2009 signed messages calling out Faketoshi Craig Wright's lies when he tried to wrongly claim several addresses from 2009 as belonging to him in court. Let me share from bitcointalk some insights from Gregory Maxwell, who is one of the OG Bitcoin developers. **Many old keys have been sold or leaked, particularly once they've become worthless. There have been numerous threads on BCT offering to buy old keys.** **That address was swept in 2011, somewhat after signmessage was created. I wouldn't make a substantial bet on the author of the signmessage being the miner of the block.** **Invoking "satoshi" is just clickbait, shame on you.** **Most early bitcoiners aren't out shouting from the roofs. Most people with access to very old keys aren't blowing that access on silly Bitcoin talk bragging threads. Just thinking anything very earlier in Bitcoin is related to Satoshi is a profound failure of both imagination and research.**

JcarlosA_

Damn. Sorry to hear that man. I’m not even close to 1 BCT and can’t imagine how must feel loosing that amount of hard earned money due to company negligence. I had most of my crypto in BlockFi but after they reduced their interest rate I moved everything to a cold hard wallet. Guess I was lucky and dodged a bullet there. Hope you can receive at least some of the funds back. Best of luck.

rE3eYul

You're on a BTC maximalist sub , not a place to root for anything else then BCT , here people will tell you there's one and only one , to be taken with a pinch of salt and critical thinking

BithloKing

Which current price is more attractive today, BCT or ETH?

SakuraNinja12

Most projects (especially smaller ones) will pay you in their native token, similar to doing BCT bounties. I think if you really love the community around the project and the project itself, it can be nice though

Harold838383

Yeah I'll stick to BCT and Eth. Macro outlook is bleak but markets traditionally bottom when inflation peaks, which may have already happened

Trout_Man_Fish

I agree that your initial statement re BTC been created by the government COULD be true. Look at the timings. However, if I ever buy illegal items from the web I don’t use BCT, I use privacy coins. I have holdings prior to KYC been in existence and thus the origin, in terms of personal identity is unknown. Also BTC can’t be shut down unless the government holds more than 51% (possible). blockchain technology and DLT is more efficient than any current system

SakuraNinja12

You can earn XMR here and there on the dark web which probably isn't a great idea, but it's still free monies if you know where to look. There's also airdrops that you can participate in, but you have to be careful of datamining scams and not all airdrops payout / are legit. Bounties on BCT tend to payout for their respective airdrops and lots of projects have faucets as well. There's also a CMC earn, but it tends to pay out on delay

HODL_monk

After BCT got back up to $30 that it hit in 2011, they said it would never go to that price again, and they were right. After BCT got back up to 600 that it hit in 2015/16, they said it would never go to that price again, and they were right. After BCT got back up to $20,000 that it hit in 2017, they said it would never go to that price again, and they were WRONG ! My point is, Bitcoin is changing, and its not the surefire long term win thing it was before. While I don't think it is too late to make some Fiat, the long term risks of topping out in dollar terms are a LOT more real than they were in the early days, and if OP is looking for fiat gains, a more 'trade-y' attitude makes a lot more sense than hodling, since this thing is likely not going to the moon anymore.

ImportanceOk5737

$BCT isn't just a token but governance backbone of a whole ecosystem!

Flying-HotPot

A good rule of thumb: If you have to ask on Reddit for BCT investment advice, the answer is probably no. You probably can’t afford to lose the money in the short term, your time preference is very high, your conviction is probably low due to lack of understanding of the BTC fundamentals. No one can tell you with what the price will be by the end of 2023, especially in the current unprecedented macroeconomic environment with the world creeping towards global recession.

chubs66

\>That’s a lotta dislikin’ Is it? I don't think it's meaningful unless we knew what a similar post on a range of crypto currencies would look like. I presume that r/CC's current bell of the ball, Algorand, would have a better ratio, but perhaps not. ADA could be more popular in r/cc than BCT for all we know. I'm a downvoter. I think it's mildly outrageous that an article is attempting to hold up Caradano of all blockchains as an example of shipping code. I can't think of any other chain that's failed to deliver to the same degree that Cardano has. I prefer Eth but I hold other L1s too, and feel not at all threatened by ADA since there are other L1s that have achieved much much more in much less time. I think slow and steady is going to get left behind in this space.

TarkovReddit0r

BTC rules as the true king but alts are holding their ground more and more ( surprisingly ) BCT domination hasn’t recovered to 50-60% area for a long time

Zealousideal78

Well El Salvador is doing it, they bought 500 BCT on Monday.

Zealousideal78

El Salvador bought 500 BCT on Monday.

xuanling11

In the past history, BCT bottoms out within 400 days, so we are likely halfway through. But, always buy if you can.

devenjames

For me it is BCT

MinimalGravitas

I suppose you could log each project as an NFT and then split that NFT into tokens with something like PartyBid, you couldn't leave it as an NFT or else people wouldn't be able to buy small amounts to offset themselves (you'd have to have done a huge number of transactions for carbon.fyi to tell you you needed a whole hydroelectric dam's worth of offset or whatever!). I've been skimming through Discord to see if there is a plan to address this and it seems that with regards to Toucan, they have now updated their criteria for BCT and have only been adding 2012+ vintage credits into the BCT pool, which means that at most only 18m carbon credits of lowest quality are now available on-chain... that's a lot but I guess at least it won't grow. They also plan to use some of its earning from [NCTs](https://docs.toucan.earth/protocol/pool/pool-parties/nct-pool-party-report) to retire the 2008-2012 TCO2 within the BCT pool, in order to bring all the BCT pools to its new criteria of 2012+. I'm now going to see if I can find out how much of Klima is backed by BCTs vs NCTs or Moss (which presumably don't suffer from this issue but that probably needs to be checked too). It's certainly an interesting problem, thanks for sharing.

jethoniss

I work as a forest scientist in charge of validating and reviewing carbon projects. Recently it's come to light that Toucan has been stealthy buying some of the oldest and lowest quality credits on the market to back their tokens. These are basically carbon credits that the market has given up on, from projects that are sometimes more than a decade old and were riddled with flaws. Projects that were dormant for ten years until Toucan bought the credits for bottom dollar. Examples include: * Credits from a Chinese hydropower dam built in 2006; objectively awful for the environment and destined to be built no matter what happened with the credits. * Forest land that was never at risk of deforestation to begin with * A Chinese natural gas plant constructed in 2009, again destined to be built to satisfy Shanghai's electrical demands, with or without the incentive of carbon credits. Should these credits exist in the first place? Obviously not. But the carbon market is pretty flawed. Most people buying credits therefore rely on reviewers like me to say whether or not the credit are legit. These aren't legit. Toucan's BCT and Kilma tokens do not represent real carbon. What they've done is unethical and completely nontransparent (which tokens are from which projects?).

MinimalGravitas

> The issue is shifting carbon around in a circle-jerk doesnt really reduce carbon. Its better than nothing, but its not great. I'm not sure you quite understand what carbon credits are... Klima locks up 3 assets. MCO2 by Moss; and BCT / NCT by Toucan. These are all backed by verifiable carbon locking and drawdown projects. You can check these yourself (for example for Moss - https://registry.verra.org/mymodule/rpt/myRpt.asp?r=205&idSubAccount=9464). Carbon credits are a way of keeping track of things like tree planting and renewable energy projects, they aren't *"shifting carbon around in a circle-jerk"*.

ghiblis

1 BCT will always equal 1 BTC and that's all that matters. The USD is the unstable one 😅

MortalFarmer

What is 13 million in real money? (BCT)

Classic-Air-1725

BCT, ETH, UNI, this is the coin I think is very good, let him study and understand by himself is the best way

AutisticGayBear69

BCT

Classic-Air-1725

Can it only go up and not down? I don't understand, I just want to buy BCT at a lower price

ptrgeorge

Waiting for bigger drops! Buying a bit of BTC while the market is down, still buying USDC, debating on buying 4k cro, also thinking about throwing a tiny sum into BAT as I just started using brave and think it's a neat idea. Want to buy BCT but can't find it on any of the exchanges available in the US

JerryLeeDog

I sold profits off of alts but left BCT and ETH to DCA thru whatever the world throws my way. I started in 2021 so only 5% worth is in crypto. If I had 25% in, I may have sold. Who knows

Hankstbro

34 BCT means you're either loaded or have massive first mover advantage, and in that case you're *lucky* a loan for me meant owning my own place, which appreciated in value more already than the interest Interest = you pay for *time* and risk. It's a service. That's all.

Revenge_served_hot

I also have much more ETH than BCT but my main "problem" is I am CRO addicted... I know I am overexposed to CRO but damn I just feel that they are going places. When I look at all my portfolios together I am about 50% in CRO, 25% ETH, 10% BCT and 15% others (LUNA, MATIC, ATOM, ROSE, ONE, FTM).

ilikemypenisandhis2

I have faith in his thesis that BCT will hit between $100k and $200k this market cycle. People are arguing we are in a bear market. Sure..... an asset that is 25% higher than its last low is in a bear market. Sure it is.

jigarokano

Article Cryptocurrency technology is making a splash in the carbon market. In recent months, millions of credits for offsetting greenhouse-gas emissions have been virtually tied to newly created cryptocurrency tokens and removed from circulation. Some market participants say the technology is bringing transparency to the unregulated voluntary carbon market and helping create new incentives for projects that benefit the climate. Not everybody is convinced. Many companies aiming to compensate for their emissions buy credits representing reductions in greenhouse gases. These credits, each standing for one metric ton of carbon dioxide, come from projects such as planting trees or setting up renewable-energy farms that have third-party certification of the climate benefit. They are traded on informal markets, fetching different prices depending on the carbon-removal activity. Some participants in this fast-growing market want more transparency and common rules, saying a hodgepodge of standards and murky prices make it hard to compare credits and ensure the projects actually benefit the climate. The Taskforce on Scaling Voluntary Carbon Markets, an industry group, says making it easier to trade credits and trace them, such as by recording transactions publicly, would mean more companies could use offsets to meet their climate goals. Toucan, a decentralized finance, or DeFi, project that launched in October, says its technology can help. Toucan lets users who own carbon credits link them to digital tokens. The tokens, called BCT—for Base Carbon Tonne—can then be traded on cryptocurrency exchanges. That wouldn’t change the nature of the underlying projects, but Toucan says it would create a forum for trading and improve transparency by providing real-time pricing data and a public record of trades to track who gets to take credit for funding climate-benefiting projects. “The world’s rapidly scaling voluntary carbon markets need to be run on a transparent, digital and neutral system in order to maximize their impact,” said Toucan’s technology chief, James Farrell. Toucan, a nonprofit based in Switzerland, is one of several initiatives, not all using crypto technology, aiming to overhaul the voluntary carbon market with clearer pricing and ownership data. So far, more than 17 million carbon credits have been tied to BCT tokens. BCT was recently trading at around $5.50, meaning those carbon credits are now valued at more than $90 million on cryptocurrency exchanges. However, companies accounting for their carbon offsetting aren’t Toucan’s main users. Since BCT went live in October, trading has been driven by Klima, another crypto asset that was launched on the same day as Toucan. The two projects operate independently, but have a “friendly and symbiotic relationship,” Toucan’s website says. Klima is operated by KlimaDAO, a decentralized autonomous organization, which is a group that organizes crypto projects collectively. KlimaDAO lets people use BCT tokens to buy Klima tokens. The BCT tokens are kept in what KlimaDAO calls its treasury, effectively removing them from circulation so they can’t be used to offset carbon emissions. Meanwhile, the Klima tokens are traded on cryptocurrency exchanges, allowing traders to speculate on a carbon-backed crypto asset. Cryptocurrencies have a bad environmental reputation due to the energy consumption of bitcoin mining. The mostly anonymous developers of Klima, who chat on the Discord messaging app, say their tokens help the climate. By shrinking the available pool of carbon credits, they say, Klima should push up the price, making carbon-offsetting projects more profitable and encouraging more of them. But Margaret Kim, chief executive of Gold Standard, one of the main carbon-credit registries, said Klima undermines efforts to make the market more transparent. “We support transparent and energy-efficient uses of blockchain technology in carbon markets, but caution strongly against those that are speculative in nature,” she said. “Regarding Klima, we are also concerned about the fact that the founders are anonymous, which runs contrary to the need for transparency in climate action generally and carbon markets more specifically.” Credits in Klima’s treasury might not always stay there. The KlimaDAO website describes the treasury as a “black hole for carbon,” but the protocol governing the project doesn’t stop credits from being released if the price of Klima falls below that of BCT. So far, Klima has traded at a big premium to BCT. Mr. Farrell of Toucan said that while KlimaDAO’s creators are anonymous, “their actions are fully transparent,” and said Klima has directed millions of dollars to climate-benefiting projects. More than 14 million BCT tokens have gone to backing Klima tokens, accounting for most of the more than 17 million BCT tokens in existence. The crypto traders have been mostly buying one specific type of carbon credit: offsets that were generated by renewable-energy projects and certified by Verra, a registry operator like Gold Standard. Roughly 4% of Verra-certified credits have been tied to BCT, according to KlimaDAO. “Organizations and individuals buying and selling these tokens do so at their own risk,” said Robin Rix, Verra’s chief policy and markets officer. Verra certifies that carbon-removal projects meet its standards and lists credits on a registry, but has no say over what happens to them after they are purchased. Ingo Puhl, co-founder of carbon-offset provider South Pole, said Klima has already made an impact on the market. He said the price of the credits Klima has been absorbing has risen since Klima appeared. “[Klima] is raising the price expectations of sellers and providing additional incentives to develop new carbon projects,” he said. KlimaDAO says nearly 62,000 cryptocurrency wallets held Klima tokens as of Sunday. The price of a token has fallen from more than $3,000 close to when Klima launched to around $155 recently, according to pricing website CoinGecko. The rising number of Klima in circulation has weighed on the price, market participants say, while bitcoin and other cryptocurrencies have also fallen in recent weeks. The novelty of Klima and the software protocol governing it make it harder to gauge the tokens’ financial performance for early buyers. People using BCT to buy Klima get a discount to its price on cryptocurrency exchanges, where they could potentially sell for a profit. The Klima protocol also regularly distributes new tokens to people who hold on to their existing ones. Mark Cuban, the billionaire owner of the Dallas Mavericks, says he owns Klima tokens, but declined to say how many or whether he has profited. “While the anonymity wasn’t optimal and it’s a bit of a learning experience, if it works, the environmental impact could be consequential,” Mr. Cuban said.

andrewgazz

I’m still trying to understand how to get BCT

Critical-Session-799

I am all for algo and is one of my planned holdings. Maybe a little more clarity is needed - I am looking for things that are specifically focusing on the climate/green markets with the exclusion of basically all else. Take BCT for instance, they are tokenizing carbon credits and making a market for them. Things in a similar vein to that.

Critical-Session-799

Have you heard of BCT and Toucan protocol? I am trying to get a position in a carbon related project and wondering if you have heard of this one and which you would recommend.

tilltill12

I am still bullish on it it's currently backed with 40$ BCT so it could still drop but you get crazy staking rewards on top so it's a question if it will drop faster than you can farm it. I only have OHM profits in it so I am chilling but the idea behind it is so unique I probably will hold for a few years.

Illustrious-Row-2088

This just confirmes that people will put blindly their money into some sketchy Web that promises 10000% APY or 2BCT in les than 15 minutes. Don't forget rugpulls exists because no one demands proof to the creators.

1001sins

[ BCT Link](https://imgur.com/a/mpY1Y1s)

Uncoolx2

I'll have you know I have gained 7 cents on bitcoin, and $27 on ETH for the year, completely offset by my BCT and LTC losses for a net negative.

tiglath_ashur

TLDR: Klima is “a cryptocurrency whose value is linked to carbon credits. Every KLIMA token is backed by at least 1 ton of BCT (Base Carbon Tonne of carbon) credits.”

ProtonUK

We all have heard about BMW and BMX and even kids can tell the difference. Don't focus on that one thing. You can say the same for BTC and BCT ?

TRIPITIS

No - it's staking the currency, KLIMA, and you get KLIMA back. The APY isn't fixed and is intended to decrease over time. I'd guess over the next year it may average to about 5000%. Currently over 40,000%. I've more than doubled my KLIMA stack but the price is down so much than overall I'm down by a lot. It's backed by BCT and the DAO functions like OHM, ROME or TIME. I think it's risky but fundamentally makes sense over a long enough horizon.

Puzzleheaded_Air9255

A year ago BCT was 🚀🌝 Good old days!

Cristek

BTC BCT BTC ETH ETH Unbeatable combo...

MarionberrySingle22

Heard about this up and coming coin called BCT, TBC or something? These new bitcoins will make you rich

kansas_slim

My DCA strategy always involves feeding my Alts - but BCT and ETH eat first.

Sobaphoto

BCT is a nice “stablecoin” Instead of being backed by US dollars, it’s backed by carbon credits, another real world asset. It’s used in KLIMA DAO, basically OHM but instead of being backed by DAI, it’s backed by carbon

OldFolksShawn

I agree with most the posters here When one is “playing/investing/gambling” $100-10,000 and it isnt money they need for everyday living a hit hurts but many are still willing to risk non BCT and ETH coins. When one is doing $100,000+ and someone who lives the $100-10,000 life thats a major, major hit. Stable coins become more regular for most. That said a portion of people would still look for those 10x-1000x coins and be willing to drop $1,000+ in one Just my opinion though.

BaylorYou

I can't speak specifically to TIME because I'm not invested in it and don't know every detail about it, but I have two comments. 1) With an APY like a lot of the new DAOs are offering, a lot of people are investing/betting money that they are okay with losing. High risk, high reward. 2) I'm invested into a similar DAO/rebase token (again with money I'm okay with going to $0) that has three unique aspects to it that I haven't seen from the other similar DAOs. One, it has a humanitarian goal. Two, it has public backing by at least two billionaires (Mark Cuban, and Chris Sacca). Three, its goal is to accumulate another certain asset (BCT) to drive up the price of the in order to help the environment. [Lastly, pretty much every crypto get criticized for being a ponzi scheme, even BTC.](https://www.cnbc.com/2021/04/23/bitcoin-a-gimmick-and-resembles-a-ponzi-scheme-black-swan-author-.html) [Another example](https://www.scmp.com/comment/opinion/world/article/3154210/why-bitcoin-looking-more-pyramid-scheme-and-central-banks) [And another](https://www.yahoo.com/now/economist-bitcoin-is-a-pyramid-scheme-204217615.html)

Felbousqufel

Go check out KLIMA dao and the toucan protocol and the BCT. A project working to help climate change

tyler_1261

BCT and ETH are so close to breaking their ATH!🔥

Mr_Stimmers

I feel the same way about BCT, EHT, and LCR.

heyheoy

KlimaDao, they are buying BCT carbon credits and you have 40k apy.