[2018-1-17] Bitconnect Closes Virtually Its Entire Operation - page 2.

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: motoprose on January 17, 2018, 02:59:15 PM

Well that was the longest running Ponzi scheme that didn't let up until the very end.

they have a very strong marketing campaign and many such schemes have a support in Asia, I saw some ponzi sites that made promises of high returns to be successful websites in Asia, especially in countries like India and Philippines... these guys ( Bitconnect ) do many speeches and deceive people, even the days before I saw a guy who said in the social network that would invest $25,000 in Bitconnect and saw a girl who according to her invested $300,000 in Bitconnect.

I do not have a link from those people who invested these values because if I had this link, I would post it here, it was something that shocked me when I read

motoprose

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Well that was the longest running Ponzi scheme that didn't let up until the very end.
Their members didn't see it coming and were quite surprised at what they saw when they finally got into their accounts after the so called DDoS attack they said shut down their site just last weekend. Roll Eyes

But they still solider on with their bitconnectx service going on.
Well see the very same people throwing their money at that one right after they got involved and had their funds taken from the very same people running this next one that will run another year and call wolf. Undecided

1Referee

legendary

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Quote from: chiggz on January 17, 2018, 07:43:09 AM

Many Youtubers are deleting their Bitconnect videos. They should be jailed for scamming their users and getting noobies into the ponzi scam.

Indeed. It's pathetic how even larger Youtubers have been shilling for Bitconnect, and that consistently for quite a long period of time. It's mind boggling that people are willing to show support for an obvious scheme with their face on video. It's one thing that you make a voice over based video promoting something, but it goes to the next level of being extremely stupid if you do that with your face on video.

Quote from: chiggz on January 17, 2018, 07:43:09 AM

My sympathies to the poeple who lost money. Hope it's a lesson learnt to do your own investment research instead of following retards.

I don't feel like that. It may shound harsh, but the losses these people have had to swallow are their fault, and for that reason I don't feel sorry for them. If you are investing in an obvious scheme, where I noticed that some people were doing so even while knowing that it was a scheme, you deserve to lose. These people don't deserve respect, nor should anyone feel sorry for them.

chiggz

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Good riddance! Am I the only one who's not even remotely sympathetic? I mean just a little research would have shown a reasonable person that it was shady. It was greed to the largest degree and nothing was going to stop these people from going deep. The wrath will continue until all the BCC is drained and it goes to zero since its worth nothing without the platform. Call me sadist but its fun to watch BCC going from $350 to $15.

Many Youtubers are deleting their Bitconnect videos. They should be jailed for scamming their users and getting noobies into the ponzi scam. My sympathies to the poeple who lost money. Hope it's a lesson learnt to do your own investment research instead of following retards.

casparthefriendly

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Bitconnect has formally closed its lending platform and cryptocurrency exchange following warnings from Texas and North Carolina regulators. The Bitconnect Coin (BCC) digital currency is down 87% today and 93% from its December 29 high of $437. At press time, BCC is trading for just $30.

Ponzi-like
Many in the digital currency community have called Bitconnect a Ponzi scheme, including Ethereum founder Vitalik Buterin, according to TechCrunch. Such accusations were based on the multi-level referral system and the promise of up to 40% earned interest, plus a daily bonus of up to 0.25% per day, on each loan. The promise of risk-free high returns is often typical of a scam - if it sounds too good to be true, it probably is.

Bitconnect Coin’s website describes the currency as:

“The moment you acquire BitConnect Coin it becomes an interest-bearing asset with 120% return per year. It is that simple.”

Unfortunately for investors, that “interest-bearing asset” is now nearly worthless.

https://cointelegraph.com/news/bitconnect-closes-virtually-its-entire-operation-bcc-token-drops-87

Topic: [2018-1-17] Bitconnect Closes Virtually Its Entire Operation - page 2. (Read 239 times)