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Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 289. (Read 384600 times)

full member
Activity: 630
Merit: 103
bittrex was shut down by the US Government Huh What kind of drugs are you on man ?
newbie
Activity: 45
Merit: 0
Hello

I just came back from a bitconnect promoter meeting in thailand

Bitconnect seems very legit to me, also expenses have been paid and we discussed a lot about the future of bitconnect

bitconnect is planning to open up physical locations worldwide( I will open 1 very soon in Munich germany, Austria and switzerland will follow)

Bitconnect doesnt want to reveal to much of how they make money but by what i have been told everything seems to be very plausibel
and it makes perfectly sense for the future of the company to not reveal to much information on how they make money for obvious reasons.
(Copy cats)
Bitconnect has a very friendly community and it works great and very professional.

We see how bitcoin changes the world and businesses, why can people not accept that bitconnect does the same

bitcin is around for 8 9 years bitconnect for 1 year and they already planning on opening cryptocurrency learning centers all around the world so to me bitconnect is very legit and NOONE using or beeing involved in cbitconnect has been lied to, scammed or lost 1 $

the reason that bitconnect is very silent about their trading bot is because if you found out on how they trade and where the risk of a government shut down would be very high

Mr Satish - all asia top promter said something very intelligent

We dont believe things are a scam when we get scammed by them, but if we make money we believe this is a scam
and this statement is very true

Compare it to bittrex wich was shut down by the US Government but is anyone calling bittrex or the government in this context a scam, not really, people just take it as a loss

the point im trying to make here is, sometimes it is better for the community if not everything is in the open because when everything is out there and very transparent it gives a lot of attacking points to people trying to ruin everything

bitconnect will be the face of cryptocurrency, a platform were people actually can go to an office and learn about crypto currency, something that is very needed especially for people that are not as familiar with IT

Bitconnect is doing a real big service to the community and time will prove bitconnect right

sr. member
Activity: 770
Merit: 264
What is best for staking BCC?

Should I use the coin control features and move all the coins into one big block?
newbie
Activity: 35
Merit: 0
As I predicted this huge ponzi scheme will begin to collapse in a couple of days, because the price will not move any higher and there will be no more so called "investors" Like Bernard Madoff said  "All one great big lie"
Hahaha and this prediction is based on... highly professional trader insight, right?
As I can see you are real professional in scam promotion  Open your website offering scam promotion services. U gonna make good money...
Actually, other than you, I'm presenting the good and ugly facts regarding this coin, so that everybody can make a decision. Check out by yourself:
https://bitconnectexplained.wordpress.com/
sr. member
Activity: 434
Merit: 250
hero member
Activity: 2926
Merit: 567
As I predicted this huge ponzi scheme will begin to collapse in a couple of days, because the price will not move any higher and there will be no more so called "investors" Like Bernard Madoff said  "All one great big lie"

It's not collapsing you are blind what is happening to your, you are acting like an idiot or do not know how to read figures, Bitcoin started at $1.50 one dollar and fifty cent now they are worth hundred of dollar so what coin figure are you reading.
newbie
Activity: 35
Merit: 0
newbie
Activity: 8
Merit: 0
So after reading the 90 pages of this thread for the last 2 days (yes I'm a bit crazy), so I could forge myself an informed opinion before deciding if this coin is really worth something or not, I can sum-up the facts, good and bad as follow:

   - The devs are unknown (but so were Bitcoin's at its beginning)
   - They didn't provide any whitepaper (Bitcoin's original whitepaper was very simple itself and didn't go into details)
   - The GitHub source page is a joke (only a few cosmetic commits and no activity/update)
   - However a lot of private dev has been going on (wallet clients for all major consumer platforms, very functional exchange with top security, smartphone applications for Android and iPhone, mining pool…).
   - They claim to be an open source platform but much of is completely closed…
   - The privately developed software is of high quality.
   - The main dev call himself Satao Nakamoto (no comment)
   - Devs acted unethically when they switched their lending platform abruptly from BTC to BCC to force people to invest in their new coin (it was in December 2016 if I remember well).
   - They do have a public blockchain.
   - You can find many "news" article about bitconnect but they are all sponsored press releases.
   - It looks like a Ponzi scheme, it smells like an MLM, and act as get rich quick scheme…
   - OP doesn't reply to scam accusation anymore (they did in the beginning but gave little proof to alleviate these accusations).
   - The coin is only sustainable if there is indeed a huge trading bot investing all the funds stored on their main exchange in btc/usd trading.
   - When asked how this bot was not taking any loss days after days, the OP answered that they save on past earnings to compensate for those bad days and distribute interest nonetheless saying that they do plan on improving their bot algorithm.
   - There is no proof of the existence of this "volatility software" but as a dev myself I can imagine it to be perfectly plausible, given the volatility of bitcoin and the amount of btc they have gathered it's totally possible to generate the income necessary to support BCC economy model without using new investors' funds directly to pay the old ones (this [promotional] video explains it).
   - They're listed only on 5 small exchanges (CoinExchange.io, Crypto DAO, Livecoin, Novaexchange, TradeSatoshi) besides their own that encompass 90% of the volume exchange.
   - When you invest on their platform you have to buy bcc using btc and then buy a lending plan in $ using the current market price of bcc on their exchange. The bigger the loan the bigger the bonus and the shorter the invested money is locked down.
   - After the lock-down period is over you get your deposit back in $, you can reinvest it directly or you can convert them back to bcc at the current market value.
   - When investing you get paid daily in $ that you can convert without fee to bcc at the market price as soon as you have $1. (The daily paid amount strictly follows the volatility software interest rate + any bonus obtained from the amount being loaned) .
   - You can reinvest what you earn daily as soon as you have $100 thus benefiting from huge compound interests over time.
   - The lowest withdrawal limit is 0.005 btc + 0.0007 fee
   - They still don't allow withdrawal of BCH (but allow deposits(!) - unless the withdrawal option only appears when one does have BCH to withdraw…)
   - They have a roadmap and achieved every milestone of it on time so far delivering new features and causing scam accusators to disappear from this thread one after another (but this doesn't prove much).
   - The value of the coin has increased steadily over the past 8 months.
   - People are getting paid so far so they do deliver (this doesn't exclude a Ponzi).
   - They have implemented an anti-panic system on their exchange ("volatility based circuit breaker") which was actually never mentioned in those 90 pages. (this is maybe why they avoid big exchanges…). This is quite innovative in my opinion and add self-regulation to the market preventing human emotions from destroying the currency.
   - Their ad campaign are very aggressive and they plan to do more according to their roadmap (this support the Ponzi accusations)
   - You can't buy anything real with this coin yet but they have been talking about a smart card and coming partnership with undisclosed companies. (so for now it's only speculation)
   - They have made it so that one would want to keep their BCC instead of cashing them out in btc, in many subtle and clever ways…
   - They seem to target small investors mainly (MLM campaign, very low investment entry possibilities, very low limits in withdrawals and transfers). Is it because it's easy to scam new investors or because they want to turn the table around? (Are the people behind it truly there for betterment of mankind and not to get rich themselves?)
   - From what I understand they want people to use this coin as a way to pay for their daily needs but keep the majority of their shares in the system for as long as possible. They designed this as a long term investment with supposedly guaranteed daily returns.
   - If bitconnect is not a scam the math tell that it would destroy standard economy as we know it… (taking all the money from the poor, investing it automatically and redistribute it evenly, in the long run money wouldn't be worth anything - is that possible? I might just be dreaming here…)

So in the end it all comes down to one real question: Is this trading bot real or not? This is what decides whether this is a scam or not… So this thread should focus on finding ways to answer this question. All other shady facts are not playing in their favor but apparently they clearly don't need to defend themselves given the coin current success so why would they bother? Maybe they just think that history will prove them right so they don't care.
What's clear though is that the people behind bitconnect.co are very clever in many ways…

I invested $100 to see how it goes (it was 7 days ago) and bought 3.5 BCC not currently invested. I still haven't decided if I want to risk more. But what I can tell from my short experience of their system is that they do have talented developers working for them so maybe this trading bot does exist but we should really focus on a way to prove that.
full member
Activity: 630
Merit: 103
As I predicted this huge ponzi scheme will begin to collapse in a couple of days, because the price will not move any higher and there will be no more so called "investors" Like Bernard Madoff said  "All one great big lie"
Hahaha and this prediction is based on... highly professional trader insight, right?
As I can see you are real professional in scam promotion  Open your website offering scam promotion services. U gonna make good money...
newbie
Activity: 35
Merit: 0
As I predicted this huge ponzi scheme will begin to collapse in a couple of days, because the price will not move any higher and there will be no more so called "investors" Like Bernard Madoff said  "All one great big lie"
Hahaha and this prediction is based on... highly professional trader insight, right?
full member
Activity: 630
Merit: 103
As I predicted this huge ponzi scheme will begin to collapse in a couple of days, because the price will not move any higher and there will be no more so called "investors" Like Bernard Madoff said  "All one great big lie"
newbie
Activity: 1
Merit: 0


This was 4 Months ago. Since then I have received 140% back on my $5000 loan. Never reinvested so I'm already making profit, a lot. Plus that 140% I exchange it for bitcoin or BCC coins which also has doubled in price in the past weeks. Its not too late to join. Today We got 1.8% plus my 0.2% bonus makes it 2% and for tomorrow the pay out came at 1.81%.. Awesome!!
You guys can still join here https://bitconnect.co/?ref=alexperez9194
sr. member
Activity: 2030
Merit: 269
whats so special about this coin?

The last guy I remember asking this question ends up hating this coin because he was so late investing in this coin when it was $1 now it's over $100 so please those people who fuds this thread are now gone don't be the next one.
member
Activity: 139
Merit: 10
Anything offering 8% a month is nothing but a PONZI SCHEME !

You're idiot... Hahaha
sr. member
Activity: 518
Merit: 251
Hello. Bye.
whats so special about this coin?
legendary
Activity: 2450
Merit: 1047
Anything offering 8% a month is nothing but a PONZI SCHEME !

Go check coinmarketcap and see coins that increased more than 8% in a matter of days Bitcoin ethereum and litecoin and even ripple sometimes increased by 10 to 30% in a matter of days, start educating yourself no wonder you are not making money from your kind of thinking
legendary
Activity: 1386
Merit: 1001
I had someone PMing me multiple times this morning complaining that I shouldn't leave him negative feedback for advertising Ponzi scams. Not without a warning anyway.

So consider this a warning. I sometimes leave people negative feedback if I see them advertising Ponzi scams.

Thanks.
Its funny to see how you are tailng bitconnectcoin until you have some interest or you are a competitor. I read your posts and then saw some gambling links under your signature and then understood what you are.

Anything offering 8% a month is nothing but a PONZI SCHEME !

You are a fool until you dont know what is speculation. Speculation drives the market ,bitcoin has increased more than 8% a day not in a month, so whats that?
newbie
Activity: 37
Merit: 0
Somebody knows a link for working windows wallet?  Roll Eyes
full member
Activity: 630
Merit: 103
Anything offering 8% a month is nothing but a PONZI SCHEME !
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