Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 298. (Read 384600 times)

How have "the bots" been proved to be accurate at all? Have they even been proved to exist?

This is a regular Ponzi scam. The returns you have been seeing in the past months are paid for by new "investors" giving the scam their money. At some point the rate of new investment fails to keep up with the exponentially increasing rate of growth of "interest" and the scam grinds to a halt.

I gave backup. Bitconnect is paying at least 0.25% profit per day, every day on any "loan" over $10k. That should be all the evidence you need. No legitimate investment guarantees to more than double your money in a year.


Nobody "really needs" to get involved with Ponzi scammers. Of course they could get lucky and get in and out again before the company vanishes with all the money. But it's unlikely. Once invested, people tend to re-invest (now that they've seen "proof" that it is "legit"), and so even the people who were early enough to avoid losing anything still end up losing due to their own greed.

Just think about it. If you had a magic bot that could guarantee to more than double your money year after year, would you really be giving those profits away to random strangers on the Internet? Or would you quietly borrow some startup money at a much lower rate of interest any get rich yourself? It just makes no sense.

THE TRUTH ABOUT BITCONNECT - BY JETI KNIGHT

https://www.youtube.com/watch?v=59QLTvq20f4&t=2249s

Do you have any evidence to back up your claim that the 0.25% profit per day comes from a bot?


I am not saying that trading bots don't exist. Of course they do. I am saying that bots don't exist that can guarantee to make at least 0.25% profit on any amount every day.

Calling me a "hater" isn't an argument. Neither is claiming that because banks have trading bots then bitconnect must not be a Ponzi scam. Do you have any actual evidence that bitconnect's returns come from a trading bot, rather than coming from new "loans"?

Interest gets paid and you convert to BCC. So where does the BCC come from? Out of thin air?

Coin does seem scammy...No whitepaper...cmon

thanks stormy ill wait patiently for my account to update

when does the interest get paid?
i invested yesterday, should i see the interest in my account today?
and if im not seeing the interest updated into my account then what do i need to do?

thanks

@ChromaticStar:
"How do you know Bitconnect has a bot, have you seen it? What exchanges is it trading on? How is there no risk? All trading has risks. How come Bitconnect just sits here and doesn't answer any questions? Are they afraid? Their market cap was over $400 million. They could have an independent third party audit to clear all these scam accusations up. Why don't they?"

I think these are very valid questions and i would love to get an answer to them from the team behond BCC.

I have invested myself 1k dollar after reading and watching lots of traders. It the bots are accurate which they have proved to be in the past months its a pretty good investment. I think the risk is worth the gain in this case but i have to agree that the lack of communication from the team is something that worries me. With this much money pouring into the platform they should for sure have someone here answering people concern.
I want to start promoting them even but i do need to get more info about the company. Like who is the owner to start with. I send them a mail so waiting for response.

I have to say this concept in Crypto is sort of unique (i'm a noob so maybe it is not but as far as i seen other cryptos dont offer anything similar to this).
Before i invest in any crypto i like to see a real usecase for the crypto. Otherwise its just another crypto into the space. BTC/LTC (and few others) are sort of exception since they been around for a long long time and build a solid community and trust.

When you enter into the lending program, everyday you get paid interest and convert it to BCC. Where does this BCC Come from?

You realize they have a blockchain ? a wallet ? a coin and Android and Applestore Apps? Mining pool? Who's developing all these?  "no dev"  You realize there are private githubs also..  Some companies don't want others coping their business model, so they don't give out freebies to possible competitors. Like a certain company called HIVE reportedly copied PPT's white paper.

I don't claim to hold the truth. I am providing serious questions that need to be answered. I am still not getting any.

"Judging by your lack of proof, of the simplest of due diligence, an email." Is this not Bitcointalk? Who created this thread? This is Bitconnect's thread! They are here! They are logging in everyday! They are reading these posts! Where are their responses! They have said nothing! Any reputable company answers questions and refutes accusations.

If you want to put your money in Bitconnect, go right ahead. At least you know what you're getting into now.

Judging by your lack of proof, of the simplest of due diligence, an email. You want to convince me you are here out of goodwill. Theres a name that comes to mind when others make unsubstantiated claims, liable claims against a person or company. Your also trying to convince me, and everyone else you're the authority of all things related to ponzi's, trading and autobots. That your knowledge is so great you know its a ponzi, yet in the same breath you claim all ponzis can't be known. I think you've pretty much proven to everyone here.. What the truth is.. and you aren't the holder of it.

https://coinmarketcap.com

They are back at number 14 and climbing , seems there was some kind of an issue with exchanges and feeds.

Again, all my scam questions go unanswered. No ponzi can be proved until it collapses, so demanding proof that it's not a ponzi is an impossible demand. All ponzis have similar characteristics, and Bitconnect is exactly what one looks like. The only one who can prove it's not a ponzi is Bitconnect, through an independent third party audit of their books. They're the one you should be asking to provide proof.

Again zero proof just yelling scam... Yes the proof is on the accuser that the legal requirement when making liable claims.  If your so smart is another condensing term. I'm smart enough not to level myself to your little games.  The simplest answer to all of your questions is did you email them and ask ? I've seen on youtube emails of people asking these question and some have been answered. 

The burden of proof is on the accusers? You've got to be kidding. I just gave tons of proof. Have you not read any of the posts I recently made? I've hardly just yelled "SCAM!" and ran away. I supported my allegations with authentic questions and even links.

How do you know Bitconnect has a bot, have you seen it? What exchanges is it trading on? How is there no risk? All trading has risks. How come Bitconnect just sits here and doesn't answer any questions? Are they afraid? Their market cap was over $400 million. They could have an independent third party audit to clear all these scam accusations up. Why don't they?

"Trading the peaks and valleys." Even legendary traders can't do that with perfection. Bots are only as good as you program them to be, they therefore have risks and will lose money if they trade on the wrong signals. You never can be perfectly sure when there will be a peak or valley.

If you're so smart, maybe you can answer some of the questions I've asked over the past two pages of this thread and clear everything up for everyone since Bitconnect won't.

Please stop claiming everything is a Ponzi with zero backup? Your guesstimation doesn't count as evidence. The accuser is tasked with proving that something is what they claim. Speculation is just that... So get it right when you make your claims. Your misleading people with your guesstimations, and liable claims.  This makes you pretty much a kind of scammer. Doesn't matter what your intentions are, you could be hurting others by misleading them away from a opportunity that they may really need.  

I've never seen so many haters in my life! No proof, zero just yelling scam.  It's a scam! Why because you can't see how volatile BTC is ?  Imagine if you could trade the peaks and valleys, how much money you could make per day. A bot has no emotion and doesn't get caught up in news, politics.  You say there is no bot, I say the accusers have the burden of proof. There are legit forex companies trading the same way everyday. I know of one trading BTC the same the and have similar payouts structured differently. So all auto bot trading companies are a scam I guess. Everything a scam these days.. If you missed out on an ICO.. Yeah that's a scam..while you hate on the price hoping it came down to buy in.  I still remember everyone calling Ethereum a scam and they still do. Just like everyone who doesn't have a clue calls BTC a scam or you will lose all off your money when it disappears. I hope you can see the irony in all of this.

There are still a lot of unfilled buy orders on coinexchange.io 
Last chance to get at least something back for your money