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>_>
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There is no point going through all your responses. You are simply blind to the fact bitcoin is more of a Ponzi. The value of bitcoin is only there while people aren't selling it, like with any crypto coin with no assets behind it (fiat at least should only have enough supply to cover all assets and maybe slightly more to encourage business- but we all know now that it now operates in a bubble of boom and bust which repeats). Bitconnect created value with their lending system so their coin was in demand and kept rising despite 100% yearly inflation and scam accusations by many.
Remember, for a full year everyone in bitconnect probably profited from the system which guaranteed them steady income while the lending was operating. The BCC token can easily go back to previous levels and has about half the circulating supply of bitcoin (which is 250x times as valuable at the moment).
I also showed that nobody from bitconnect dumped the coins. There was no volume on the exchanges during the dump and there was huge volume in the buying yesterday when it went to around $90. I don't understand your point about them having no reason not to dump now (they are trying to raise another half a billion for an exchange, as you may have seen, and are not closing their bitconnect website). What about all the people in Wall Street with millions of dollars worth of Bitcoins ready short it now. I actually sold 50 BCC coins at around $80 each yesterday but am still holding a lot.
Someone else mentioned that they paid affiliates 7% immedtiately. This payment was in BCC tokens and remember they held millions of them which kept growng and staked more than enough for the affiliate payments.
The main point is they only received bitcoins in the ICO over a year ago!! Do you know how much they charged per token in the ICO?? It was based on the BTC price but at the time it was well under $1 each and they didn't even sell all that much in the ICO (I don't think they sold all $4million they had on offer - maybe a couple of million but I don't recall now)!!! It proved how successful they were at marketing their website and coin. Everyone involved in the first 6 months became rich. Even those coming in later haven't lost money yet unless they decide to sell thier tokens at a cheap price. I don't know if you heard but Trevon has said anyone coming in the last few months who haven't been able to recover at least their investment capital will be taken care of by bitconnect. They are probably going to do something about the market crash. They probably pumped millions in already.
There was no other point where they took anyone's BTC other than in the ICO. It is obvious from looking at the coinmarketcap graphs and the volumes and price increases. Their internal exchange was for users and hopefully they also profited from that too and not just the lending platform.
>_>
...
There is no point going through all your responses. You are simply blind to the fact bitcoin is more of a Ponzi. The value of bitcoin is only there while people aren't selling it, like with any crypto coin with no assets behind it (fiat at least should only have enough supply to cover all assets and maybe slightly more to encourage business- but we all know now that it now operates in a bubble of boom and bust which repeats). Bitconnect created value with their lending system so their coin was in demand and kept rising despite 100% yearly inflation and scam accusations by many.
Remember, for a full year everyone in bitconnect probably profited from the system which guaranteed them steady income while the lending was operating. The BCC token can easily go back to previous levels and has about half the circulating supply of bitcoin (which is 250x times as valuable at the moment).
I also showed that nobody from bitconnect dumped the coins. There was no volume on the exchanges during the dump and there was huge volume in the buying yesterday when it went to around $90. I don't understand your point about them having no reason not to dump now (they are trying to raise another half a billion for an exchange, as you may have seen, and are not closing their bitconnect website). What about all the people in Wall Street with millions of dollars worth of Bitcoins ready short it now. I actually sold 50 BCC coins at around $80 each yesterday but am still holding a lot.
Someone else mentioned that they paid affiliates 7% immedtiately. This payment was in BCC tokens and remember they held millions of them which kept growng and staked more than enough for the affiliate payments.
The main point is they only received bitcoins in the ICO over a year ago!! Do you know how much they charged per token in the ICO?? It was based on the BTC price but at the time it was well under $1 each and they didn't even sell all that much in the ICO (I don't think they sold all $4million they had on offer - maybe a couple of million but I don't recall now)!!! It proved how successful they were at marketing their website and coin. Everyone involved in the first 6 months became rich. Even those coming in later haven't lost money yet unless they decide to sell thier tokens at a cheap price. I don't know if you heard but Trevon has said anyone coming in the last few months who haven't been able to recover at least their investment capital will be taken care of by bitconnect. They are probably going to do something about the market crash. They probably pumped millions in already.
There was no other point where they took anyone's BTC other than in the ICO. It is obvious from looking at the coinmarketcap graphs and the volumes and price increases. Their internal exchange was for users and hopefully they also profited from that too and not just the lending platform.
tl;dr
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https://www.youtube.com/watch?v=-WCFUGCOLLU
