Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 117. (Read 384600 times)

Okay man, i believe in you

Is the reddit actually open to the public??? BCC didn't have to crash, as it could have carried on and were not in any financial difficulties. Everyone hating on it probably helped persuade them to stop the lending. People are only worried now due to the coin price temporarily being low. I'm sure they will think of something else soon.

You do realise what I posted just above is actually true? When people lend and lock in their coins they get less coins back even including all the interest and capital release in USD (because the coin has risen in value so much and bitconnect have always paid lower interest than the growth of their coin - they are simply sharing the profits in this way). So basically it's like the reverse of a PoS coin where people get less coins in return rather than more. How anyone can say that is a Ponzi is beyond me.

All other cryptocurrencies are far more of a Ponzi. Any whale can dump the price at any time in all other systems. At least there are systemic protections against that with the bitconnect model.


By the way, I did study mathematics at university so I'm not some idiot and may understand things a bit clearer than most.

I had to log on to let you know that you are a piece of shit. You represent everything i hate about a capitalistic society.
Blinded by greed with no care whatsoever on the effects it might have on the next individual.
I might get some hate for this, but i will probably cry tears of joy if something really bad happens to you. I wish the worst on you. Bye.

Wait a minute.... where is all the "It's just FUD and jealousy" comments ? 

Could you post some of these as I'm sure people invest BTC in many projects and nobody knows for sure when they will crash. Sometimes it's a hedge against BTC falling.

Is the reddit closed or can anyone see it?

You say you were working at bitconnect since the first day in 2017 but they started in March 2016 lol although it's true they were mainly a news site and didn't have a coin until the end of the year.

Some of the stories I'm reading on Reddit are heartbreaking. People investing their life savings, all to be washed away. Please people do your due diligence when investing. If it seems to good to be true...second, triple and quadruple guess it before jumping in. 

There is no reason to believe bitconnect is only worth $20 and bitcoin is worth over $10k. There are double the amount of bitcoins in circulation too. It is probably the case that bitconnect and the recent clones (remember they usually raise millions in the ICO so are popular) have helped with the bitcoin price in recent months due to its popularity.

Most people will have made money from it unless the bulk of their loans were in the the last few months. Personally I didn't make any loans for months and invested in other similar projects (I'm sure bitconnect didn't get as many new customers as before either due to the competition that started around September time and bad press) and it only takes three months interest to get the value of your loans back. I made a lot on other similar platforms too (around half a dozen bitconnect clones I've made profit on - even Gleb who was complaining about bitconnect here was launching his own lending platform lol).


I didn't defend their sister project at all and previously said I wouldn't be investing. They are trying to raise half a billion dollars for an exchange which seems ridiculous. I might send them some BCC tokens though as you can get them for $20 now and they are worth $150 on the ICO.

Do not be blinded once again by bitconnect scammers : https://bitconnect.co/system-news/95/bitconnect-update-regarding-the-changes-to-lending-and-exchange-functions/

this news only to soften the situation and try to get BCC to a higher price, so they can sell more on exchange. After all that happened last night, ask yourself, do you still believe to all their words ? I do not ! 123


You can redeem your BCC's at high percentages for a limited amount of time. More details here

I have explained many times that bitconnect have made massive profits from the demand of their coin. They could afford to pay everyone three months 'interest' all at the same time in their coin. How were they a Ponzi? Bitcoin or other cryptos can be dumped by devs or whales at any point but bitconnect (by far the largest holders and who stake millions too a month) are not able to dump their own coin, for the reasons I've said many times too (they pay all interest in their coin so the lower it is the more of the coin they need).

There are also PoS coins (like bitconnect) that give users a percentage of extra coins per month. Bitconnect managed to get to its high valuation despite massive staking rewards and inflation of about 100% per year!! Are you calling staking coins ponzis?

Remember when people lend the BCC, they lose the gain in the coin value (it is set to USD at the time of the lend and they only get the USD value back at the end too) and bitconnect have always PAID LESS BCC back including all the interest and capital releases. In other words they are just sharing the growth of their coin price with the lenders. They are calling it lending but it is not much different to staking coins (PoS) BUT IN REVERSE cos lenders get paid less coins lol. Bitconnect always paid less interest than the growth of their coin so have always accumulated more and more BCC which proves they don't need to be a Ponzi (which they could have been if their interest payments were higher than the growth of their coin). The way they paid everyone back also shows they could have easily carried on and weren't even going into their BCC reserves for the reasons given before.

AGM76, you are a very dangerous person. I'll be gentle and consider you the victim of some kind of Stockholm syndrome here, you have my sympathies.

But the idea that you keep defending this, ahem, "project" (and its sister project) with inane things like "they paid 100 days of interest before shutting down" is mind-boggling. A quick glance at the source code reveal that there was a ~5 million BCC premine? The circulating supply now is, what, ~7-8 million?

I know you will pretend to not see the connection between these statements but how you can paint them out as being honest people when they are literally paying you with air is beyond my comprehension.

AGM76, please stop doing what you are doing. Take your loss and stop trying to put more people in the shit.


PS. And to the rest, maybe it's a good idea to stop quoting his dumb message.

Wow they spent some money on that.
Obviously it's not amazing anymore 

How generous of BCC devs to accept their BCC tokens at $150 into FABULOUS BITCONNECTX ICO after they just sold them to you for $363.

Thank you for waving the big black cuck.

2018 Pattaya BitconnectX Carlos Remix - Wassawassawassawassaaaaa BiiiitconeeeeeeectX!

SMG

This is the worst Bitconnect Coin project ever that i saw they deceived many investors and the participants of this project now still want to spend one more ICO in order to once again raise money from investors and then in a few months again deceive the community of the project.

Well it is finally over the long wait has happened, so many people have made money here, there's a saying you can't argue with success but also you cannot defend a losing cause so, for now, we will just have to wait what they are going to offer now but right now it looks messy so it's up to you to hold or sell it.

Which part of "collapsing ponzi" is surprising to you?

i m surprised when i dont find BCC in top 20 CMC, i find BCC drop more than 90%.

You're welcome for the negative feedback. As you see I often leave negative feedback for people promoting Ponzi scams, so don't feel special about it. I do what I can to alert potential victims about scams before they get caught up in them. Your lies are less likely to trick a new victim if they have a red trust rating beside them.

I have bought Bitcoin, but Bitcoin obviously isn't a Ponzi.

I would be interested to hear about how you think Bitcoin is more of a Ponzi than the BitConnect "lending" platform was before it was shut down. Are you capable of making any kind of a convincing argument for your case?

He must lost all his money , didn't exit on time and got scammed...

Wait - I don't get it -- all the cute young kids on this video told me it was AMAZING!  What happened ??

https://www.youtube.com/watch?v=hXRhIXp4idM


Is not not amazing anymore? Geez ... I guess I'll take my ball and go home now.