[ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 91.

nthnode404

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Everything I say is in My Opinion Only!

Quote from: Chrmel612 on January 22, 2018, 01:19:57 PM

Quote from: SeaSoul on January 22, 2018, 06:16:39 AM

Quote from: hroub on January 22, 2018, 06:04:59 AM

My only questions are:

1) Why did they bother to refund BCC? They could have just kept their website off and save on domain money and not refund anything
2) Don't scammers just shut down, stop communicating and disappear?

I'm a skeptic, so I still havent decided what they are. I know they are admittedly a pyramid scheme, but pyramids aren't necessary scammers, especially if they are upfront about them being a pyramid. I believe time will tell. If they indeed refund less than 2 month old accounts, that would be a non-scammer move in my book.

Are they actually publicly known in any way? They are responsible for $2 billion just disappearing. Imagine authorities find them. That could end really badly for them so maybe they are trying to limit the harm now as much as possible and demonstrate good intent. I wouldn't want to be in their shoes even with that money.

That is a big big red flag. They manage to hide themselves while operating this scheme. Actually most of the ponzi scheme work that way.

Why not concentrate on the BILLIONS or TRILLIONS of USD that are going missing. Doesn't that affect more people currently on a daily basis?

MaGNeT

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Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na

Amazing that people are still falling for this ponzi scam.

And AGM76 seems really desperate, posting pages full of defending those scammers.

Some people have lost thousands of $.
Don't understand how you still can defend them.

Chrmel612

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Republia - New Blockchain Technology

Quote from: SeaSoul on January 22, 2018, 06:16:39 AM

Quote from: hroub on January 22, 2018, 06:04:59 AM

My only questions are:

1) Why did they bother to refund BCC? They could have just kept their website off and save on domain money and not refund anything
2) Don't scammers just shut down, stop communicating and disappear?

I'm a skeptic, so I still havent decided what they are. I know they are admittedly a pyramid scheme, but pyramids aren't necessary scammers, especially if they are upfront about them being a pyramid. I believe time will tell. If they indeed refund less than 2 month old accounts, that would be a non-scammer move in my book.

Are they actually publicly known in any way? They are responsible for $2 billion just disappearing. Imagine authorities find them. That could end really badly for them so maybe they are trying to limit the harm now as much as possible and demonstrate good intent. I wouldn't want to be in their shoes even with that money.

That is a big big red flag. They manage to hide themselves while operating this scheme. Actually most of the ponzi scheme work that way.

AGM76

full member

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Merit: 102

Quote from: zintips on January 22, 2018, 11:28:58 AM

Quote from: AGM76 on January 22, 2018, 09:20:44 AM

Quote from: Crestington on January 22, 2018, 06:58:24 AM

You are wrong that they didn't dump https://chainz.cryptoid.info/bcc/#!overview go look through the days of the crash to see Millions of BCC hitting the exchange. Those green candles you saw are them selling, and can be achieved by breaking all walls down to less than 10% of the price and then placing new, bigger sell walls for people to buy into.

Seeing a number on the screen means nothing, people thought that Zenpool was mining but it turned out to just be a script.

But there is no BCCX Block explorer, and there is no escrow so you don't know anything anyways.

Most likely scenario is that they just keep all the BTC and sell all the BCC that comes in for the ICO for more BTC once walls increase because it seems like a good deal to be able to buy BCC for $17 so that later on you can sell it for $150 Roll Eyes

Another nutty one. I already showed you the volume from coinmarketcap (which includes EVERY exchange combined). There was barely a few million $ in volume (meaning less than a million BCC was sold). They were all just panic sellers thinking the price would go to nothing. There was no volume before it to suggest any insider trading either.

Remember also that their internal exchange opened a couple of days later at the normal $200+ price. Many people who were waiting for it to open again sold for $200 instead of $30 at other exchanges.

The BitConnectX ICO is clearly selling out within seconds every day. The fact they were raking in $13million before on each round (selling 260k BCCX at $50 each) then the BCC offer (of $150 per BCC) means that on current prices they are losing well over $10 million each day if buyers are using BCC instead now (which shows how stupid your argument is that they were the ones dumping for a measly few million dollars and it's not as if they could do it secretly on the blockchain either).

On the day Bitconnect closed the lending they still were only offering to exchange BCC at $22 or whatever the market price was for the BitConnectX ICO but the next day they upped it to $150. So if they hadn't offered that price, they would be making over $10million more each day in the ICO (assuming most people don't use BTC any more for the ICO - as it would be pretty stupid to). They must know the BCC will go up to previous levels again. Don't you see how your argument doesn't make sense (I know I haven't explained it very well but it seems obvious they haven't cheated anyone - they can't control users dumping the coins after releasing them all)

========================

That is true if they are really selling BCCX coin with $150 BCC. I am not convinced they are selling any. Has anyone truly bought any BCCX coins with BCC coins from Jan 20 onwards? It is possible that they are prioritizing BCCX sales to other currencies like LTC and BTC. I had LTC and I was able to buy BCCX coins very easily but not any using BCC coins for payment. The time outs without confirmation do not make sense as when I made purchases using full BCC value of $290 before 17 Jan using BCC before the nose dive one time I missed the purchase on reset time but I never got a timeout, it came back and said try again tomorrow all sales made for the day. I doubt they are losing any money due to BCC sales at $150, they are not happening.

So all 260k are from BTC purchases? Why would anyone buy it with BTC or other coins if it's cheaper with BCC? They never failed to sell out quickly.

Bombardier

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Activity: 588

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Quote from: bitjamz on January 22, 2018, 10:57:35 AM

from 2500btc volume to 320btc i think it was the last pump

do not underestimate people's stupidity

zintips

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Activity: 159

Merit: 10

Quote from: AGM76 on January 22, 2018, 09:20:44 AM

Quote from: Crestington on January 22, 2018, 06:58:24 AM

You are wrong that they didn't dump https://chainz.cryptoid.info/bcc/#!overview go look through the days of the crash to see Millions of BCC hitting the exchange. Those green candles you saw are them selling, and can be achieved by breaking all walls down to less than 10% of the price and then placing new, bigger sell walls for people to buy into.

Seeing a number on the screen means nothing, people thought that Zenpool was mining but it turned out to just be a script.

But there is no BCCX Block explorer, and there is no escrow so you don't know anything anyways.

Most likely scenario is that they just keep all the BTC and sell all the BCC that comes in for the ICO for more BTC once walls increase because it seems like a good deal to be able to buy BCC for $17 so that later on you can sell it for $150 Roll Eyes

Another nutty one. I already showed you the volume from coinmarketcap (which includes EVERY exchange combined). There was barely a few million $ in volume (meaning less than a million BCC was sold). They were all just panic sellers thinking the price would go to nothing. There was no volume before it to suggest any insider trading either.

Remember also that their internal exchange opened a couple of days later at the normal $200+ price. Many people who were waiting for it to open again sold for $200 instead of $30 at other exchanges.

The BitConnectX ICO is clearly selling out within seconds every day. The fact they were raking in $13million before on each round (selling 260k BCCX at $50 each) then the BCC offer (of $150 per BCC) means that on current prices they are losing well over $10 million each day if buyers are using BCC instead now (which shows how stupid your argument is that they were the ones dumping for a measly few million dollars and it's not as if they could do it secretly on the blockchain either).

On the day Bitconnect closed the lending they still were only offering to exchange BCC at $22 or whatever the market price was for the BitConnectX ICO but the next day they upped it to $150. So if they hadn't offered that price, they would be making over $10million more each day in the ICO (assuming most people don't use BTC any more for the ICO - as it would be pretty stupid to). They must know the BCC will go up to previous levels again. Don't you see how your argument doesn't make sense (I know I haven't explained it very well but it seems obvious they haven't cheated anyone - they can't control users dumping the coins after releasing them all)

========================

That is true if they are really selling BCCX coin with $150 BCC. I am not convinced they are selling any. Has anyone truly bought any BCCX coins with BCC coins from Jan 20 onwards? It is possible that they are prioritizing BCCX sales to other currencies like LTC and BTC. I had LTC and I was able to buy BCCX coins very easily but not any using BCC coins for payment. The time outs without confirmation do not make sense as when I made purchases using full BCC value of $290 before 17 Jan using BCC before the nose dive one time I missed the purchase on reset time but I never got a timeout, it came back and said try again tomorrow all sales made for the day. I doubt they are losing any money due to BCC sales at $150, they are not happening.

selenophile

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Activity: 244

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ohh what happened to the bitconnect? I'm outdated now as i on a vacation for a few weeks. last time i check the price was on $300 but now its on a dip?

bitcircle

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Quote from: bitjamz on January 22, 2018, 10:57:35 AM

from 2500btc volume to 320btc i think it was the last pump

There is no chance of mercy this moving forward towards a slow death while investors are looking for a miracle. I don't think it's worth to waste time into this project because this ship sinking now.

bitjamz

sr. member

Activity: 503

Merit: 250

from 2500btc volume to 320btc i think it was the last pump

AGM76

full member

Activity: 336

Merit: 102

Quote from: SickMetaGame on January 22, 2018, 10:20:00 AM

Quote from: AGM76 on January 22, 2018, 10:09:18 AM

Quote from: SickMetaGame on January 22, 2018, 10:00:32 AM

lmao at "they are losing millions" argument because they are accepting BCC tokens for $150 into their ICO...

Damn you are either super delusional or paid to spit this shit.

Let's forget how we got here.

SMG

Well their ICO was selling out each day before and still is now.

Alright bud, but how about the fact that they did not spend millions to "generate" these BCCX tokens.

If after all of this, you still truly believe that BCC Devs are the blockchain communities saviors, who came to share and make billions with every Rahul, Joe, Vlad, Jose, Tyrone and Jin Lan Xeng then you are delusional. These motherfuckers came here to fill their pockets, they succeeded at a grandiose scale and now they are in the process of fattening them a bit more.

If you are paid to do this then at least it would be explainable.

SMG

From your tone, you're obviously biased. These people came from the Far East originally and probably weren't wealthy by most standards. More unlikely to want to scam people than some places. You can't deny that many people profited in bitconnect and similar sites. I had $5k or so in there and wasn't bothered really if I got it back or not (I already received more than I had deposited and started pretty late - only four months back really or whenever I started posting on here). To tell you the truth I'm receiving $1k a day in interest combined from a dozen or so of these so-called 'scam' lending ICOs since they started sprouting around September time. I must be delusional.

I wouldn't recommend joining the ICOs in the current climate, it's best to wait until they are released. Recently the prices have tended to fall when they hit the exchanges, although many usually still start around $10. I wonder why you think bitcoin and other top cryptocurrencies are the only ones that have value and can go up in price?

SickMetaGame

newbie

Activity: 43

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Quote from: AGM76 on January 22, 2018, 10:09:18 AM

Quote from: SickMetaGame on January 22, 2018, 10:00:32 AM

lmao at "they are losing millions" argument because they are accepting BCC tokens for $150 into their ICO...

Damn you are either super delusional or paid to spit this shit.

Let's forget how we got here.

SMG

Well their ICO was selling out each day before and still is now.

Alright bud, but how about the fact that they did not spend millions to "generate" these BCCX tokens.

If after all of this, you still truly believe that BCC Devs are the blockchain communities saviors, who came to share and make billions with every Rahul, Joe, Vlad, Jose, Tyrone and Jin Lan Xeng then you are delusional. These motherfuckers came here to fill their pockets, they succeeded at a grandiose scale and now they are in the process of fattening them a bit more.

If you are paid to do this then at least it would be explainable.

SMG

AGM76

full member

Activity: 336

Merit: 102

Quote from: SickMetaGame on January 22, 2018, 10:00:32 AM

lmao at "they are losing millions" argument because they are accepting BCC tokens for $150 into their ICO...

Damn you are either super delusional or paid to spit this shit.

Let's forget how we got here.

SMG

Well their ICO was selling out each day before and still is now.

SickMetaGame

newbie

Activity: 43

Merit: 0

lmao at "they are losing millions" argument because they are accepting BCC tokens for $150 into their ICO...

Damn you are either super delusional or paid to spit this shit.

Let's forget how we got here.

SMG

lilaj4de

sr. member

Activity: 602

Merit: 250

Hard to believe in this project, but even raising BCC again, I do not have the courage to invest in this project anymore. The currency turned almost ashes in a few hours Sad

AGM76

full member

Activity: 336

Merit: 102

Quote from: Crestington on January 22, 2018, 06:58:24 AM

You are wrong that they didn't dump https://chainz.cryptoid.info/bcc/#!overview go look through the days of the crash to see Millions of BCC hitting the exchange. Those green candles you saw are them selling, and can be achieved by breaking all walls down to less than 10% of the price and then placing new, bigger sell walls for people to buy into.

Seeing a number on the screen means nothing, people thought that Zenpool was mining but it turned out to just be a script.

But there is no BCCX Block explorer, and there is no escrow so you don't know anything anyways.

Most likely scenario is that they just keep all the BTC and sell all the BCC that comes in for the ICO for more BTC once walls increase because it seems like a good deal to be able to buy BCC for $17 so that later on you can sell it for $150 Roll Eyes

Another nutty one. I already showed you the volume from coinmarketcap (which includes EVERY exchange combined). There was barely a few million $ in volume (meaning less than a million BCC was sold). They were all just panic sellers thinking the price would go to nothing. There was no volume before it to suggest any insider trading either.

Remember also that their internal exchange opened a couple of days later at the normal $200+ price. Many people who were waiting for it to open again sold for $200 instead of $30 at other exchanges.

The BitConnectX ICO is clearly selling out within seconds every day. The fact they were raking in $13million before on each round (selling 260k BCCX at $50 each) then the BCC offer (of $150 per BCC) means that on current prices they are losing well over $10 million each day if buyers are using BCC instead now (which shows how stupid your argument is that they were the ones dumping for a measly few million dollars and it's not as if they could do it secretly on the blockchain either).

On the day Bitconnect closed the lending they still were only offering to exchange BCC at $22 or whatever the market price was for the BitConnectX ICO but the next day they upped it to $150. So if they hadn't offered that price, they would be making over $10million more each day in the ICO (assuming most people don't use BTC any more for the ICO - as it would be pretty stupid to). They must know the BCC will go up to previous levels again. Don't you see how your argument doesn't make sense (I know I haven't explained it very well but it seems obvious they haven't cheated anyone - they can't control users dumping the coins after releasing them all)

Slow death

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: nikochanbtc on January 22, 2018, 07:01:38 AM

I think that this project requires more careful observation

Quote from: rasom on January 22, 2018, 07:29:59 AM

i believe in this project will grow and have a big success in the near future and im looking forward to it. goodluck dev.

Forget this ponzi project.

easyrimka

sr. member

Activity: 518

Merit: 261

so whats the last word about bitconnect ? is it raising again ?

rasom

newbie

Activity: 11

Merit: 0

i believe in this project will grow and have a big success in the near future and im looking forward to it. goodluck dev.

nikochanbtc

newbie

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I think that this project requires more careful observation

Crestington

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Quote from: YuTü.Co.in on January 21, 2018, 10:34:09 PM

Quote from: AGM76 on January 21, 2018, 09:53:14 PM

Quote from: YuTü.Co.in on January 21, 2018, 09:34:06 PM

Quote from: AGM76 on January 21, 2018, 09:23:16 PM

Quote from: Crestington on January 21, 2018, 09:06:57 PM

Quote from: AGM76 on January 21, 2018, 08:00:29 PM

Quote from: pkcorp on January 21, 2018, 07:46:56 PM

Quote from: AGM76 on January 21, 2018, 07:11:23 PM

Quote from: suchmoon on January 21, 2018, 07:05:26 PM

Bitconnect was not an investment. It was a scam, it collapsed, the last ones to hold the bag got stuck with near-worthless tokens. That's how these scams work. There is no feasible way for "everyone" to make 30% per month. Such investments don't exist. It's not "bad press" that made people lose their money. It's the scammers. With some help from shills like you.

What I don't like, is idiots saying the scam 'collapsed' when they never collapsed. They always paid less BCC in interest than was lent to them in the lending system. It would have carried on fine without all these people saying it was a Ponzi etc. It is obvious to any sane person who isn't traumatised enough to have to believe these Ponzi stories to psychologically survive.

Also, as I explained before, to send just 6BTC from my wallet at a normal fee range (few hundreds satoshis per byte) I had to pay hundreds of dollars. My wallet wouldn't have charged me more than I needed to pay but obviously most wallets like electrum generate lots of inputs etc so the more you send the more the fee would be.

Oh I seem to deleted what I wrote before but basically those were normal charges for sending that amount of BTC from my wallet, in the last few days I gave examples to before.

Instead of just typing it I will copy and paste the images from electrum below from a couple of transactions in the last two days:

You're an utter idiot. I'm sorry, but there is no other way to put it.

So what part don't you agree with?? Bitconnect always profited in BCC from the lending system and didn't need to take BCC from new lenders to pay old ones. So it wasn't a ponzi. When someone lent 1BCC for example, by the end of the term the capital release would only cost bitconnect say 0.1BCC if the coin had gone up 10 times in that 8 months or whatever (in practice it only took a few months to go 10X) and the interest paid was also far lower than the gain in the coin price. They could have easily paid 50% higher interest rates (I'm guessing but a lot higher than 1%) and still been in profit!!! They didn't have a guaranteed percentage for reinvests or lower amounts so could have easily carried on without even changing the terms of the loans!

Regarding the fees, my wallet lets me choose and I didn't choose the fastest, but low/medium. I set it also to dynamic fees so it can tell how much is needed for certain speeds. I would have paid even more if I wanted it to be faster but any slower wasn't much cheaper so I set it to medium speed.

EDIT: Just did the calculation and at 1.5% per day that is about 56% per month and 200X in a year. The coin was initially valued at sub-$1 in the ICO and I think fell to 16cents early on but went up to near $500 all in a year so the 1% wasn't excessive at all. 1% daily is only 35X in a year!!!

So what's your goal here?

I don't understand why you insist on trying to argue with people who know far more about Crypto than you do, all you are doing is accruing more negative trust.

This thing is dead in the water, it's over jim, sell your coins (if you have any left) and learn from your mistakes.

Here, I'll even link a couple news articles for you.

https://cointelegraph.com/news/bitconnect-ponzi-scheme-no-sympathy-from-crypto-community

https://www.coindesk.com/bitconnect-investors-left-lurch-tokens-price-drops-90/

https://news.bitcoin.com/not-content-with-scamming-1-5-billion-bitconnect-wants-another-500-million-for-its-ico/

There is a very good chance that current exchanges will delist BCC in order to avoid legal trouble and all remaining Coins will be worth $0

Are you serious? I already pointed out the factually incorrect statements from some of those stories (about them running off with bitcoins etc). All they had left when they closed the lending were the same BCC tokens some people are saying are now worthless - the same ones they left all the investors with as that was the only currency the lending platform used (although they were paid in relation to the USD value of the coins when they were lent or when they are withdrawn from the lending wallet). Why would they want their millions of BCC to be worthless (which they stake hundreds of thousands of each month)? I also showed they didn't dump them either (they were more than likely buying them cheap the other day). Actually if I look on the rich list, there has basically been no recent activity on many addresses and I don't think they stake from those largest wallets either.

There are hundreds of these coins and BCC is nowhere near as bad as most of the coins on exchanges. A lot of them are pure scams that get dumped on by the devs and you say you know a lot about crypto? There are no laws about these coins in most countries and bitconnect lending wasn't operating as a ponzi when they stopped it.

I am not posting for any particular reason other than to try to correct people's prejudices (which seldom works anyway due to the little understood 'backfire effect'). I just tend to go on a bit sometimes Grin

"The Texas SSB is wrong!!! BitConnect is NOT a Ponzi."

[/center]

I just addressed the Texan thing in the above post but are you now doing your own lending platform (your signature):

"The cryptoverse is now populated with neophyte enthusiasts, many who were first introduced to crypto via stumbling upon the likes of BitConnect with their jury's-still-out lending programs, regarded by some as being unsustainable over the long haul. Regardless if the sentiment is accurate or not, the truth of the matter is that there are now countless folks acclimated with the lending platform model as a means to [hopefully] enrich themselves in the crypto space.

After the quasi-success of BitConnect, myriad clones of the model sprung up, many of which immediately vanished at their ICOs' end, leaving some participates spooked while others sought out, then enrolled into yet another pseudo-promising lending platform clone, both groups possessing lighter pocketbooks after participating in rogue entities.

What makes this LendFunding endeavor sound is that the person behind it is well-known in the space, i.e. not hiding his vitals, and the entity of which initial funding is sought - YuTü.Co.in - has a solid foundation business model, primed for long-term growth in tokenizing YouTuber channels of opted-in YouTubers."

I thought you were from USA too and didn't you scare another lending platform off and made them close down with everyone's money (Elektra)? If you hadn't exposed them they would have probably made many people lots of money unless it was their intention all along to disappear.

I am in the US. Thanks for quoting my content, bud. Notice the lack of grammatical errors? Tongue

If by chance you were alluding to my lending program as some sort of Ponzi scheme, sadly you're mistaken, for in spite of its name - LendFunding - the lending program was limited in nature to garner initial funding and as a means to reward early adopters. That was all.

Quoting a snippet from your other post ...

Quote

Also, you must see that the ICO limit on bitconnectx gets sold every day?? Over a quarter of a million BitconnectX.

Question: Do you have the link to the blockchain depicting even one BCCX transaction, albeit seeing a quarter of a million BCCX transferred would be nice?

You are wrong that they didn't dump https://chainz.cryptoid.info/bcc/#!overview go look through the days of the crash to see Millions of BCC hitting the exchange. Those green candles you saw are them selling, and can be achieved by breaking all walls down to less than 10% of the price and then placing new, bigger sell walls for people to buy into.

Seeing a number on the screen means nothing, people thought that Zenpool was mining but it turned out to just be a script.

But there is no BCCX Block explorer, and there is no escrow so you don't know anything anyways.

Most likely scenario is that they just keep all the BTC and sell all the BCC that comes in for the ICO for more BTC once walls increase because it seems like a good deal to be able to buy BCC for $17 so that later on you can sell it for $150 Roll Eyes

Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 91. (Read 384600 times)