I like all the FUD around Bitconnect. In the meantime those who are investing money in Bitconnect are laughing to all the fudders. I never understood people who don't invest why they have to FUD. I mean what do they gain from it? Nothing more than being left behind while the train is moving. Anyway, as long as it works I don't see any issues. Quite a ice ride. See you in the top 3 on coinmarketcap. In the meantime, let the fudders behind crying even harder.
Dude, we're trying to HELP you!!!
I have no gain for FUDing BCC. I wish I could, but there is no way for me to short BCC because it isn't listed on any respected exchanges.
"as long as it works I don't see any issues" - When everything ends, remind yourself that you once said this!!
In the mean time, don't tell your family and friends you have have invested cos it will save some embarrassment in the future.
what i mean is that this coin got to be in the top 10 on coinmarketcap with about 1.2 bil and it seams like it just growing as time goes by.
bitconnect could have just got up and bail out when they had issues in Aug. but they DIDNT. WHY if its a scam and back then it was a nice 700-800 mil.
i was reading they might partner with VISA, that just shows more legitimacy. (correct me if im wrong here)
i would love to see this platform still working 5 years from now.
My bad!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
BitConnect IS NOT a scam because its creator used a fake name on an official document when registering its charter in the UK, the number one prerequisite for VISA when considering to partner with an entity consisting of only ~8,000 active users.
The number two prerequisite for VISA when considering to partner with an entity consisting of only ~8,000 active users is to make sure the entity is paying its fair share of taxes and is timely filing its corporate paperwork, of which I assume the following attests to, with apologies for not being versed in British english, hence the assumption.
https://beta.companieshouse.gov.uk/company/10278342
Here's all of BitConnect's corporate filing history that'll be viewed by VISA prior to approving its partner request: https://beta.companieshouse.gov.uk/company/10278342/filing-history
Bonus link: https://beta.companieshouse.gov.uk/company/10278342/filing-history/MzE1Mjc5NjkwNmFkaXF6a2N4/document?format=pdf&download=0
YES, we don't know who Satoshi Nakamoto is, but Bitcoin is a DECENTRALISED crypto where there is no control by one organisation or individual. The is no possible way for Satoshi Nakamoto to run away with a majority of the Bitcoin in existence (unlike the owners of BCC). The Biggest bitcoin wallet owns LESS than 1% of all bitcoins, and that will be one of the exchanges. No one can single handedly manipulate Bitcoin.
Bitconnect is CENTRALISED like a bank, but worse!!! At least you can walk into your bank and ask for your money. The central bank of Bitconnect is currently taking large deposits from suckers and one day you will wake up to find they are closed for business and have taken the money with them out the back door. 10 wallets hold 70% of ALL Bitconnect coins. Those 10 wallets which are likely to be owned by the developers of BCC control the price of BCC. If they want it to go up they just swap a few coins here and there and manipulate the exchange.
You're right that bitconnect isnt a scam becuase the owner is unknown. Its a scam because the entire organisation is manipulative and fraudulent. The quicker you realise this, the less money you will lose and the less embarrassment you will have to go through.
You are also hiding under a false name here and most probably using an alt account. Are you also a scammer? How do I know that you are not lying and just creating FUD to buy at a cheaper price?
