If you want to find out something more and speak with Bitconnect representative try stand number 487 November 29-30th, Santa Clara Convention Center, Silicon Valley.
There will be Blockchain Expo taking place and Bitconnect is a gold sponsor. Main sponsor of the event is IBM so quite good company I suppose ;-)
Please see link below as the confirmation:
https://blockchain-expo.com/northamerica/partners/bitconnect-2/If you will make up your mind and decide to join Bitconnect community please use my link which will give you 7% discount from initial investment plus something extra from me.
Mail me if interested:
[email protected]My Bitconnect link:
https://bitconnect.co/?ref=mptak123Regards, ptaq
Whoever turns up to the conference isn't really important. They will pay someone to front with general company jargon.
No white paper, no face to the company. The longer I look into this and the more clueless people I see invested in the coin the more sure I become that this is one of the biggest ponzi's ever! Over a billion dollars! One of the best scams I've ever seen.
Does anyone know where the name Ponzi came from?...
"Charles Ponzi was the man who started it all. In the 1920’s, Ponzi promised investors a whopping 50% return in 45 days, or 100% in 90 days on of all things, international postal coupons, which he never actually purchased. He earned $15 million and became a millionaire in only six months. When Ponzi was caught one year later, investors received a mere $5 million back. He was charged with 86 counts of mail fraud and sentenced to 5 years. During his time in federal prison, he was prosecuted again in Massachusetts, but Ponzi claimed double jeopardy and his case went to the Supreme Court. He was then sentenced to seven to nine years in state prison. After Ponzi was released, he launched another scheme, where he sold real estate that was literally underwater. Not surprisingly, the namesake schemer was jailed yet again, and ultimately died penniless in Brazil, working as a translator"
Charles Ponzi offered profits of 50% in 45 days. Very similar to the profits claimed by Bitconnect.
Charles Ponzi never bought the coupons, and Bitconnect never had a trading bot.
As long as people will have interest in this platform it will be live and if you don't want to profit out of it then it is your choice same as the others who are already making their lives much easier simply by risking small amount of money.
Following your way of thinking USD any other fiat currencies are pozni schemes as well. They are printed without any limits and backup. Fiat currencies are worthless once people will stop using them. The only difference is that when you hold your money on bank account you lose because inflation is very hungry and with Bitconnect and other cryptos is the opposite.
John Mcafee said very smart thing:
“I’m a bitcoin miner. We create bitcoins. It costs over $1,000 per coin to create a bitcoin. What does it cost to create a U.S. dollar? Which one is the fraud? Because it costs whatever the paper costs, but it costs me and other miners over $1,000 per coin. It’s called proof of work."
http://fortune.com/2017/09/14/john-mcafee-bitcoin-jpmorgan-jamie-dimon/For those who don't know who is John Mcafee he is a very trusted businessman responsible for securing data of milions of people around the world. He is the owner of well known cyber security company.
https://www.mcafee.com/uk/index.htmlLast not least you don't even have to lend Bitconnect you can just buy it and hold(mint) because it is proof of stake coin.
I completely agree with you on the statements about bitcoin vs fiat currencies. This is a completely separate issue.
The value of Bitconnect is not what makes this scam work. Its the value of BITCOIN. You bought your Bitconnect coins using BTC right? So the people running BCC have your bitcoin in their possession. Thats how they will all become multimillionaires from the naivety of the novice crypto investors. It will stay that way if you wait too long.
Right now very few people want to withdraw their money since the (fake) returns are just so damn good. Often they invest more! The number of withdrawals are so low that BCC are happy to pay out anyone who needs it. As long as the amount of deposits far outweighs the withdrawals, you are right in saying "As long as people will have interest in this platform it will be live".
Eventually the population of people signing up and depositing will slow. The profits and withdrawal totals will start to get closer to the deposit totals. When (not if) the BCC price plummets after withdrawals start failing, those BTC hold value and are easily traded for cash by the owners of Bitconnect. Thats the easy peasy exit strategy.
The victims will be left with their BCC which will have no use!
My prediction is that at the end of November they will send a groomed PR team to the North American Blockchain Expo (if they send anyone at all) to keep up the facade. Soon after that I think everything will go quiet once they realise the increasing scepticism of the scheme.
IF ITS TOO GOOD TO BE TRUE IT PROBABLY IS.
This scam is so perfect that the people behind it will walk away with hundreds of millions and never be caught. No one will ever know their names. Give me a solid reason why the team behind this company have kept themselves completely secret from the investors?
we might only get 20% a month soon instead of 40% 
