Where is your team located btw?
There is no team and there is no location. They can operate it this in their parents basement.
There is no company called bitconnect
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BitConnect is a decentralized exchange acting like a credit union and its members participate willingly, maintain order, and security control to collectively share arbitrage and mining returns.
Bitconnect is 100% CENTRALISED. Im not sure what makes you think its decentralised. Everything runs within the power and control of the unknown Bitconnect founders.
Your BTC/BCC and USD values are completely out of your control if they decide to remove your access.
You are right, but so far nobody's complaining that they have not gotten their withdrawal and their account was disable, after more than a year they are still doing what they are doing best, and that is paying their investors at the right time and right amount although this is risky it's profitable but you should invest what you can afford to lose.
Everyone said the same thing on cryptsy, mintpal, mt gox ect...everything was all good and fine until they flipped the switch and no one could get to their coin. It's all good and fine until it stops. Not saying that will be how bitconnect will end up because no on really knows how or if it will ever end.
But history tells us in crypto time and time again that things like these do not last, and thats aside from the lending platform this is just looking at it from a centralized exchange point of view.
If you are looking at this as an opportunity to invest please only invest what you are ready to loose and weigh all options in crypto, you could buy a coin that makes you no return daily but may go up in value 10x....why risk so much for these yields when you could have your money in you're control and still make return just from investing.
