Topic: Anyone in Bitconnect? Scam coin? (Read 1624 times)
Such an old song to sing man. Everybody knows that Bitconnect is a scam so why there are people like you who still wanted to take the risks? You can try to invest in any other coins but in Bitconnect, I don't think its a good idea. Although they are planing to have another ICO for this year (rumor), its still a big no put up your money in it.
I'm not in, definitely not my project (coin whatever). Won't risk to buy them as they seem for me like a ponzi. Not a scam, but...how to say better, I think they are alive only because strong and aggressive marketing position - that's it
Well I bought some Bitcoinct coins. Today I think they have broken up and my capital no longer exists. They have died. I regret the choice to invest in this coin. But this is a lesson for me. I remember this lesson.
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Well I have heard of this coin, they have gone bankrupt and many are complaining about Bitcoinct.
It just a drama that they got bankrupt, the scheme is very clear that they are going to scam one day and boom it all happened in a flash, real quick.My friend still holds this coin but does not know what to do. I think we are losing money in the Crypto market. They are risky to date.
Don't generalize that because your friend invested to a scam coin, we are losing money in crypto. You have to understand that there's a risk but don't invest and put yourselves into a scam coin.I bet your friend bought when it was on hype but now look on how cheap it is.
Well I have heard of this coin, they have gone bankrupt and many are complaining about Bitcoinct. My friend still holds this coin but does not know what to do. I think we are losing money in the Crypto market. They are risky to date.
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UPDATE
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
Follow the instructions in the following article:
Click here: http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26
***SCAM AGAIN*** Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
Follow the instructions in the following article:
Click here: http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26
I see nothing suspicious in this exchange...however, I heard that there are crazy withdrawal fees and sometimes you just cannot withdraw what you want because of that...
I think it grow much before it turns out its a scam, but not worth risking.
You are correct but it would need to be one massive gamble that it is constantly going to benefit from which is unlikely. I would say they are still going to be around for another 12 months maybe due to the fact they are pushing roadshows to feed the system. But the numbers just don't seem realistic its like most "lending" platforms unless there is a real need for this volume of $$ it would be very difficult to hit the daily profits. The false stability is coming from people constantly reinvesting in the coin and artificially inflating the system.
Don't get me wrong with Ponzi, MLM, Pyramid they are all eventually going to fail and the important bit if getting into them is to recognise they are exactly that. But investing early getting your ROI then rolling interest means you could have done well if in early or even now. The gamble is when will the house of cards fail.
Don't get me wrong with Ponzi, MLM, Pyramid they are all eventually going to fail and the important bit if getting into them is to recognise they are exactly that. But investing early getting your ROI then rolling interest means you could have done well if in early or even now. The gamble is when will the house of cards fail.
I took a step back and thought about it, if the price of bitcoin goes up biconnect may be able to pay back investors in dollars and not bitcoin. Also if there are more bitcoin hard forks then all the minted alt coins from the hard fork go to biconnect. If these hard fork coins get pumped like bitcoin cash, bitconnect may be able to pay back investors and come out on this gamble; but if these forks do not follow through like segwit it'll be a sad day for bitconnect coin owners. Hodl your own bitcoins...
The system is based on locking people into constantly reinvesting due to greed, as I advise people on my YouTube any of these things are very high risk and you can make money or lose the lot. Investing $100 into it may sound like a good idea but they also lock your money in. I put $100 in a while back and simply move the money into their coin and let it go up in value. Then once it hits a certain level I withdraw it regularly so when it does go under it won't have lost any of my money.
But the whole thing just doesn't make sense even with people I know who think this is an investment platform it still doesn't add up. Chain Group I have invested in and it has been working well nearly 70% a month return and grown from $50 to $1,500 but even that I am not calling it anything more than high risk.
I know some people shout Ponzi as soon as you can get more than 1% a day ROI but you can do it yourself if you put the time into it on the markets.
But the whole thing just doesn't make sense even with people I know who think this is an investment platform it still doesn't add up. Chain Group I have invested in and it has been working well nearly 70% a month return and grown from $50 to $1,500 but even that I am not calling it anything more than high risk.
I know some people shout Ponzi as soon as you can get more than 1% a day ROI but you can do it yourself if you put the time into it on the markets.
I got lost in the crypto Youtube world and everyone has these Bitconnect accounts and I watched a couple of videos and it sounds like a Ponzi scheme waiting to happen in a year. What do you guys think?
You're spot on! And thankfully you do realize the consequences of this coin being a ponzi scheme. I know personally that many people know this is a scam but still promote it to others for their personal gains in terms of affiliate income.
This is not only misleading but also immoral in my opinion.
Bitconnect is no different to make money fast schemes or MMM global.
It is funny that most people always know when they are in a Ponzi scheme but they always find a stupid means of justifying it.
I won’t be surprised since that is what keeps the ball rolling for them, cause as much more gullible users like them keeps stepping in, the more they keep getting and so on until one day, the cycle cannot just help itself any longer and then die.
Bitconnect using scheme like ponzi or somthing and it is not good if you register now. The price already too high and the company will goes down soon. If its look too good to be true its mean something fishy there. You better buy vertcoin or bitcoincash or invest your money on crypterium then put ur money at bitconnect and its locked
I got lost in the crypto Youtube world and everyone has these Bitconnect accounts and I watched a couple of videos and it sounds like a Ponzi scheme waiting to happen in a year. What do you guys think?
I am very sure you are already smart enough to detect that it is a Ponzi and no need going further. It is just in a matter of time before they receive their judgments.It is a Ponzi and everything about it screams that and you are better off putting your assets in your wallet than considering putting your funds in them. Usually, those in the lower part of the chain when things are about to go wrong are always the ones who suffer it, so stay away!
Yes, it looks like a ponzi scheme. I don't invest in it!
Pretty weird its price is so high and it's always on top 20. I hope this bullshit will end soon and people won't lose too much money when it ends....
Pretty weird its price is so high and it's always on top 20. I hope this bullshit will end soon and people won't lose too much money when it ends....
I mean i have used it for some time now, made a decent amount of money lending on it and moving it to BTC afterward. It could totally be a scam but why not get paid before it goes away. I have also recently be using Regal coin also its literally the same complex but just released so it should be around for awhile to get some money into it. The benefit i find with it is that its daily Accrual rate has been over 1% since i started last month and your capital even for 100 dollars is only held for 99 days as apposed to Bitconnects time frames where 100 dollars is like 8 months.
If interested https://regalcoin.co/ref/THRENIN
If interested https://regalcoin.co/ref/THRENIN
Stay far away from Bitconnect and any other ponzi like coin scams. More and more are popping up everyday and will only continue to get worse due to Bitconnect marketing to people that don't understand it all.
big scam big ponzi biggest lie and most of their pictures and videos are fake.
Only retards want to invest in that scam coin.
they done ICO but didnt have something to release
Only retards want to invest in that scam coin.
they done ICO but didnt have something to release
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