Dear community members,
Congratulations, I would like to thank our supporters who've been there for us all along, for better and for worse. You're the ones that inspire us to continue our work and to become a better version of ourselves.
We would also like to let you know we're excited about the new website we have developed. We have finished the design part, it has a minimalistic look, it's simple, elegant, practical, scalable, and most important, fully mobile-friendly! Now, we're at the part where we're adding fresh content.
Overall, we believe it was about time for us to have a proper website for the community.
You see, since our inception as an organization, we've been through a lot, but we've managed to overcome most obstacles. We've had great moments, but also difficult ones to face.
However, we believe every organization that ever grew, had to face challenges and go through a learning curve, but that's a good thing, as it only makes us stronger and better. As we grow, so does our vision of what Crypto WatchDogs should be in the future, and in order to make it therefore, let's point-out below some facts we want to share with you all:
Regarding our work on the Bitconnect case:
Between Jan.'18 – March'18 we've gathered hundreds of files and video evidence against Bitconnect
Although CWD had around 180 members, only about a dozen members were active
A few members, including myself, Mr.D, spent on average 16h/day investigating and organizing things
I've contacted several law firms (by phone and and also had meetings) such as Sky Solicitors, Selachii LLP Solicitors, and Peters & Peters Solicitors.
Overall, their feedback was this: Firstly, it takes an enormous amount of work from them to just find-out who to file a lawsuit against, due to how Bitconnect is organized. Secondly for that to happen, most lawfirms require an upfront fee. And finally, Peters & Peters were the only ones considering a no-win/no-fee basis but only if we could provide bullet-proof evidence (BTC wallets) that binds the victims lost funds to BTC promoters. Due to the nature of how crypto-currency works, not even USA GOV. managed that yet, and as hard as we tried neither could we.
At this moment, there is no class-action lawsuit anywhere in the world. All Silver & Miller lawsuits are individual lawsuits, that are on pending to be approved or not by a judge to be classified as class-action lawsuits. Also, Silver & Miller charged an upfront fee to their clients due to the fact that nobody wants to waste time on a wild goose chase.
We've done what was in our power, and that was to send all the evidence we had on Bitconnect, to Interpol, along with a detailed letter about the whole situation. From there on, it's up to Interpol to decide if Bitconnect is worth chasing or not. If they don't move a finger, who will?
There is nothing more that the Crypto WatchDogs can do about Bitconnect at this point. We are not super-heroes, we can't clap our hands and give you back the BTC you lost to Bitconnect, as much as we would like to. We need to let the law handle the case, and we trust they will.
However, there is a way for us all to recover our losses:
If we're being honest with each other, the only reason we've all lost money with Bitconnect, was because we were too comfortable to learn how to trade effectively, as it was more convenient to let a 3rd party entity to do the work while we would just sit-back and cash-in. Most of us reinvested the interest due to personal greed and Bitconnect relied exactly on that to keep the ponzi going on for so long.
What we can do, is to trade our way-out back to the top! We can do smart investments in Cryptos based on several indicators such crypto-calendars indicating upcoming events for certain crypto coins. We all know that good news triggers buy-orders. If we spot the right news, we can buy-in and exit with very good profit and repeat the process all-over again until we recover the full amount we've lost with Bitconnect. That is for mid-long-term trading. For short trading we can play with the fact that BTC is usually low-priced during the weekend and higher in price during the week. We can exploit that by checking the TradingView chart which shows the daily price-range for BTC.
I've personally started my own challenge on 7th March 2018 to trade my way back to the point of recovering my whole 20,000$ loss with Bitconnect. I am combining short-term trading with mid & long-term and keeping it as simple as possible so anyone could follow alone. So far, I've been successful at it, and I am documenting the whole process on our Trading & Bots Channel under the “mr-d-trading” pylon. You can follow my progress here: https://discord.gg/DD34SxE
At the same time, we have Lanie, who's been a FOREX trader for the past 8 years and she also has her own trading pylon called “lanie-trade-discussions” which you can access here: https://discord.gg/XHwfyx6
You need to understand that we need to leave behind the anger, the frustration and the feeling of being helpless. We are not! It is up to us to get ourselves back to the top, and together, we can do that! If we unite ourselves under one common goal, we can make the Trading & Bots channel our own incubator for optimizing the way to recover our losses through crypto trading. Others have done it, and so can we!
We need to learn how to become our own bank, to control our own financial destiny as much as possible, and not to rely on 3rd party services that might turn-out to be scams!
We have lost a lot, many of us, our life-savings, but where we are now, is temporary, we are not going to be here forever! It is in our power to become a united community, and by using our combined skills and coming together as a community utilizing techniques and intel on cryptos, we can find spots where we can enter in trades that by the time we exit them, we can make huge profits.
Stop thinking about what happened. If the FBI/Interpol/SEC will ever catch Bitconnect and refund us all, it's a bonus! In the meanwhile, we cannot wait and let time pass-by without fighting not only to recover our losses, but also to develop skills that will serve us for the rest of our life, and maybe even change it permanently!
I repeat, together we can unite our knowledge, our will, and make an amazing come-back, stronger than ever, with all of our losses recovered and beyond!
Regarding Justice Coin
As I said before, Justice Coin was developed in order to help the community benefit a token that will grow in value based on the Crypto WatchDogs achievements over time. Since Crypto WatchDogs is a community project, it means that it's up to the community if Justice Coin grows in price or not.
The Justice coin will be seen as a proof of contribution, whether it be that you contributed with articles or knowledge or did some investigating, or that you contributed by donating or rewarding a previous contributor, by buying their coin from them on the exchange, indirectly or directly, anyone holding this coin deserves and should be proud to have it and has made the community that much better.
How would it grow in value? It is very simple: the more popularity Crypto WatchDogs gets, and the more achievements we have as an organization, the higher Justice Coin will be valuated, as good news is always a plus. That is a proven fact with every utility token belonging to a successful organization. We want everyone to be able to get access to the coin if they want it and the first step to that direction will be to list Justice Coin to exchanges, the first listing to an exchange being scheduled shortly after the airdrop!
At the same time, Justice Coin, through our bounty-hunt program will be used by us to reward community members who submit articles containing topics about cryptos in general or full investigations on possible scams. Obviously, XJC reward amounts will vary according to the complexity of the task, which will be listed on a public dashboard.
Due to the standard used to build Justice Coin (ERC20 – built on Ethereum platform), it is easily to be listed on exchanges. Look at Eos, Ethos, OmiseGO, Binance Coin. They are all ERC20 tokens, just as almost 90% of crypto tokens listed on CoinMarketCap.
Due to the fact that so far, we've only had 18 contributors out of 1000 community members, we have decided to increase the airdrop to 4X the original amount. We have decided this, because first of all, the total amount of XJC that we would airdrop to the contributors, is overall small due to so few people contributing, therefore we can afford making such a gift to the ones who showed their financial support to us. They deserve it.
Regarding our social-media presence
So far, we have reached a certain level of awareness on Twitter and very little on Youtube. On other social media platforms, therefore, we are working on improving this part also.
Lanie, our latest Crypto WatchDogs leading member has offered to conduct a new series of Youtube videos in which she will be our official spokeswoman. In those videos, she will talk about crypto-currency news that we could benefit of, about Crypto WatchDogs latest achievements and future goals, and she will even conduct video interviews with community members. The first video will actually have myself, Mr.D as the first person to appear in her videos! Yes, I'm showing-up so everybody can finally see my face and get to know me.
We are going to expand on Facebook, Instagram, Pinterest, and other major social-media platforms. By the end of 2018 we would love Crypto WatchDogs to have over 20,000 community members. We are not sure if we can reach that number, but we will sure try!
Conclusion
No organization is perfect. Even large companies can make mistakes, and many have been around for over half a century. We're only 10 weeks old. And we are not professionals in regards of how to run an organization, considering that we've started as a bunch of angry investors under the same roof but we are learning.
Let's take me, Mr.D for example. I am aware of the fact that I am not the perfect leader, I made a lot of mistakes during my leadership, and I will probably make more in the future. And this is all part of the learning-curve of becoming a better leader and a better team member. In every field of activity, in order to be successful, you are bound to make mistakes and fail, in order to improve. Even Thomas Eddison failed 10,000 times before he finally created the light-ball that we all use now.
I am not a leader by profession. I've stepped-in and took the lead at a time when somebody needed to do that, and I had the necessary determination to take-on that task, which is not an easy task at all by the way.
For every mistake any member of the group does, fingers are being pointed at the leader before anything else.
The leader is always the first to act and people follow him by the power of example.
I am far from being perfect, but I'm not a scammer or a dictator either. I am as human and as imperfect as any of you are, and while I am not always taking the wisest decisions, my intentions are good and I want to see us all having a better future.
You also need to consider the fact that Crypto WatchDogs started without a technical team behind, without a legal advisor, without an allocated budget, and without the structure of a proper organization, not at the beginning anyway.
Along the way, we started evolving from being the “bravado team” who bullied Bitconnect promoters (which wasn't productive and didn't bring anybody's BTC back anyway), to having a clear vision and plan about what Crypto WatchDogs has the potential to become.
We decided it's time to suit-up and become more professional with our activity, especially lately, with all the public exposure to media and press. The more we learn and grow, the more we need to polish our public image in order to protect our development.
We have visualized ourselves beyond the short-term goal of just finding a way to get our Bitconnect investment back. That is because, when you put people under the same roof, where they have the chance to spend many hours together on a daily basis, they find themselves brainstorming ideas about to start a common project that would benefit the entire community of not only Bitconnect victims, but the whole crypto-space.
And that is a wonderful thing, because out of all the misery and dust Bitconnect left behind, good things can rise when people unite themselves under a common goal.
And this applies to us as a community as a whole now that you are members of Crypto Watchdogs!
We are looking forward for what the future holds, and we are doing our best to reach new heights and with your help/feedback and guidance we are sure we can get there together.
We are the Crypto WatchDogs,
And we are here to stay,
We are everywhere,
And we're expanding.
And we want you with us!
Regards,
Mr.D
