Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 75. (Read 384600 times)

Why did you even bother? the dumbass used bitconnect and bitcoin in the same sentence. Obviously, he is out of loop if he thinks both are synonymous to each other

Do you understand inflation? Could be the fact that the money supply grows 40x faster than bitcoin, or that bitconnect is holding a massive chunk of BCC and owe all the people who had money stuck in their lending platform.

Bitconnect is NOT a scam. You're oppressive U.S. Dollar is the scam coin that's sinking to the bottom no matter how hard you organize to hate on Bitcoin, etc.

Most of you organized haters are buying the lows. smh

Purpose of a cryptocurrency is that is cannot be taken down through government interference and everyone holds their own money, able to sell at any time they choose. It's illegal to launch a website, ask people to send you their money to hold for you in exchange for a payout of 1% compounding interest a day. The problem is that this website can arbitrarily decide to stop paying interest and keep all your capital you have invested at any point in time.

An ironic affiliation? No, I just don't like scams.  They give other crypto's a bad name, and give ammunition to the centralised powers who would stop crypto if they could.

chainletters are hella legit bruh lol

https://en.wikipedia.org/wiki/Chain_letter

i will buy some BCC when it become 0.16 Dollar again 

The SEC has been going after crypto ponzis for years, see my signature for one example. They have also issued warnings regarding ICOs and enforcement is likely to come.

But ponzis are illegal anyway, regardless of securities violations or lack thereof.

Strange this was your first post? Are you sure you are not affiliated with them in some ironic way? By the way, there are plenty of lending platforms and they always used to perform really well from ICO onwards but lately there has been less interest. I still believe they are a better model than normal cryptos but others will disagree.

http://icoreview.site   are even suggesting not to buy at the ICOs any more and wait until they hit the exchange..... this wouldn't have been good advice just a month ago but now it seems there is a lot of bad press about these things.

They've already started it again - it's called Bitstrades now.  Now advertising on coinmarketcap -  and obviously designed by the same illiterate desperate low-life.

Check out this little thread too - quite enlightening:  https://bitcointalksearch.org/topic/bitstrades-offers-trading-exchange-services-for-bitcoin-and-fiat-currencies-1815668

Different name, same shit

Bitconnect is less than $ 9? It seems really the end. It is a pity for investors who lost all their money by buying coins at a price of several hundred dollars. Now the volume and cost is falling and I think is approaching the $ 0 mark ... Perhaps, these are the brightest scammers on the market lately!

It's up to people to decide whether they think it's a ponzi or not. All cryptos like bitcoin are also ponzis as there is no wealth created. Anyone making a gain is balanced equally by people making a loss (excluding the profit for the broker or the exchange - which bitconnect also received on their exchange btw) and it's purely by sheer volume and buying activity being greater than selling that the price goes up (through marketing as the price is not based on anything other than speculation from buyers and sellers - i.e. no wealth is generated). People can't all cash it out at that price, everyone should know that by now, and it doesn't take much selling to crash the market (only a few percent needs to sell to completely annihilate the market).

I know for sure these are not regulated or illegal in the UK and no courts in the USA have ever decided they would be classed as a security in terms of any case law, unless you know of any? Bitconnect were already complying with the Texas cease and desist before closing and people from certain states weren't able to make new loans (from what was said on youtube videos the day after they received it they'd already implemented a check for people signing in to confirm their location). It doesn't mean they were actually doing anything illegal as most states didn't bother, and I'm sure it wasn't the people in bitconnect complaining to those states to take action.

It seems like people want to go after certain cryptos they don't like the marketing of instead of allowing them to be unregulated like they always have been before. At least bitconnect lending generated the company profits (the lender didn't mind giving it to bitconnect either as long as they still profited so it's not as if they were defrauded). The coin was still around $300 when they closed the lending (and also still when they reopened their exchange) so it wasn't as if they closed after the market crashed. If there wasn't so much misunderstanding about their platform and so many complaints from outsiders, bitconnect lending would have been fine for a while longer and probably would have just slowly reduced their interest rates and thought of some other incentive for their coin.

So I don't know why people keep putting out so much misinformation about them breaking any securities or money issuing laws etc when it wasn't the case for UK at least.

No shortage of gullible people still thinking BCC is going to turn around. It was a scam, game over.

There was a UK address on the Texas C&D. The point being that it doesn't matter what the scammers claim their location is. Ponzi schemes are illegal in many countries regardless of their origin.

I thought it was based in southeast Asia but just hired a bunch of European salesman.

Bitconnect was supposedly "based" in Europe too. See how well that worked out.

I hear lots of news if this project has scam. Everyone should be more careful in investing their money, so things like this do not happen again.

You sound like the creator of bitconnect for some reason haha.  

 I love it when the most ignorant and dumbest individual on the thread is yelling about others been ignorant and stupid. Everyone warned you fucks about bitconnect but your greed was deflecting those warnings like a ninja deflecting punches. Well, the romance is over, lay down, ass up and take this vicious dick down.

 

right. i would like to see texas shut down Davor which is based in europe, long story short they cant do shit.