Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency - page 92. (Read 384600 times)

They don't have from where to refund money back but they want to keep on going for other some period and easy by easy will shut down completely. This is visible and understandable scenario the way they are moving ahead by asking another $500 million which no one with brain is going throw again.

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.

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.

Never encourage scammers. There are so many good projects in crypto world.

Hopefully it does. The market should become more rational sooner or later.

Pretty much dead as of now, It doesnt really matter because sooner or later all scams will end. Unless they end their operation, they wont be able to scrap big amount of money

Wow, I'm going to sell my house and invest in this new opportunity. 

Is BCC dead after the lending platform closed? I think the BCCX will be dead soon. Any updates?

What the odds of every investor getting a thorn in the Arse and wallet?

Insanely crazy and I would really love to know whether that story is true. How in the world can someone sell his house for Bitconnect Coins? Even hard to feel sad for them.

Absolutely and what the heck should they do to get the price back to $200 - $300 +? That's what's required to get the system going again, and it won't happen. All those supporters who helped getting the price to where it was are now gone. And you don't really think that new people will stream in and get BCC going again...

Believe or not, I corrected that and a couple other minor issues while you were quoting me, bud. Nice catch, just the same.

Don't know if they have a blockchain yet, but do you not think they are actually selling that much? They were selling out before the BCC offer so that would have been $13million they were raising each day (it's actually over 260k they seem to sell each day)??

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


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?

If the C&D was somehow illegal or unlawful then Bitconnect should have sought an injunction instead of shutting it down. Surely they have funds for a legal action, don't they?

If there was no bot, they should go into hiding.

If there is a bot which became unprofitable & took huge losses, they should prove it, for safety of everyone.  Show transparency & the transactions. Explain how the bot is supposed to function & why it failed.  Maybe release the code.  No point protecting a failed algorithm/ system which cost billions in damage.

If there is a bot which remains profitable, I can understand keeping the algorithm & system design close to the chest.  But then appearances are they're keeping the bot currently to profit for themselves using BTC taken from trusting investors.  Meanwhile investors & promoters are destituted, despairing, suffering depression, humiliation, blame, perhaps homelessness & starvation.
So reinstate the bot & honor pre-existing contracts at least.

If they say they can't operate the bot due to DDOS, and Bitconnect.co & BitconnectX.co are flakey as well, to the point that I've spent 5 hours unsuccessfully trying to buy BCCX; AS others have experienced...
Then how can they be trusted to create & maintain this new exchange?  And why do they need so many millions to build it.  And what's the point? If it's a low fee exchange, how are they going to earn enough meaningful profit once  distributed spread out among hundreds of $ millions of BCCX shareholders?

If they collect $500 million for the ICO, then collect $50 million in fees pure profit by end of 2019, and then somehow reward BCCX holders that's a 10% ROI in 2 years.  That's a lot of IFs.  What's the assumed purpose or ROI of holding BCCX  which were being forced into?

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.

Finally im looking a good project like this nice dev good luck

What's this $110? I think someone else mentioned it but it's $150 per BCC for bitconnectx.  I also pointed out that the Cease and Desist order didn't understand what staking was (it seemed to want to know what company was responsible for paying the staked funds lol) and said it was a security. So how can you take what they say about the lending seriously?

Also, you must see that the ICO limit on bitconnectx gets sold every day?? Over a quarter of a million BitconnectX.  Have you tried buying in some of these lending ICOs (bitconnect-clones) lately?? They all are almost impossible to buy usually. I was never able to get any UnixCoin or UcoinCash as it was always too many buyers even though you usually get many days/rounds to try and buy (incidentally, they are both now worth a lot more than the ICO price).



So they know what staking is (the coins appear automatically in the wallet - started at 10% a month with BCC but reduced by 2% every six months) but are then asking for the source of the funds lol