Bitconnect - page 3. | Bitcointalksearch.org

Swinging Phallus

full member

Activity: 266

Merit: 103

Quote from: HAARP on November 07, 2017, 06:31:52 PM

Quote from: Cipherr on November 07, 2017, 06:08:06 PM

You didnt search then.

Bitconnect is a well known ponzi scheme in the crypto community. Its trading of its coin is kept to as few exchanges as possible to manipulate and control its stats and its a joke that will crumble when they cant pay out eventually.

If it wasnt a ponzi everyone in their mother would talk about it, because look at its growth rate. But when you realize what it is, you wont touch it with a 10 ft pole, because it could collapse into nothing at any given moment. Like 10 days ago they just dropped their marketcap by like 500million out of fucking nowhere with some lame excuse. Go check the marketcap chart to see it.

Ridiculous. Stay away.

It's a ponzi scheme for sure, but we can't understand how its price was pumped this much. From the january 2017, until now, there is sharp value inflation in its price and this is very interesting for such ponzi scheme. That's the point.

One of the big reasons the price went up was because a TON of greedy crypto-youtubers were spreading the word like wildfire because of referral bonuses. They offer a lucrative bonus for inviting new people in the system by giving you like 10% profits from your guests profits. It's incredibly sketchy, when I first heard of it I knew very well this was nothing but bad news. The people who invest in this downright confirm it's legitimacy without a shadow of a doubt, but the truth is poignant with BCC. It looks like a ponzi and it feels like a ponzi, so most likely.... it 's a ponzi.

cakravothy

hero member

Activity: 868

Merit: 501

Chainjoes.com

bitcoinnect this now is booming, much new member every day join in bitcoinnect
you can read in coinmarketcap volume transaction and bitcoinnect price always incraese

hdtqisg

sr. member

Activity: 686

Merit: 250

People are investing less on it! Should prices start falling or not rise fast! or have come to the price threshold! But investing in BCC is more risky than BTC

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: jerry0 on November 07, 2017, 05:20:28 PM

Is there a reason i don't find any topics about this coin?

It's because it's more of a ponzi / pyramiding scheme, try to study bitconnec it's more of something that make their investors think that they are investing to a real coin but in reality, they don't.

Quote from: jerry0 on November 07, 2017, 05:20:28 PM

This coin has soared very high yet there is almost no talk about it. Is it possible for this coin to hit 1k or more?

I don't know since I'm not giving an interest to have some little of my money invested there. But if I were you it's not gonna work out to stay on that coin.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: jerry0 on November 07, 2017, 05:20:28 PM

I am looking through coinmarketcap and this has my attention. This coin has went up to almost as much as ETH prices already. The price of it earlier was very little like ETH yet there is very little discussion about this coin. Is there a reason why? I just noticed this coin starts the same word like bitcoin... in bit...

Is there a reason i don't find any topics about this coin? This coin has soared very high yet there is almost no talk about it. Is it possible for this coin to hit 1k or more?

Bitconnect has own forum, you can try to find them all through the search engine. but bitconnect was better than ethereum, if you are thinking about the bitconnect as the same with ethereum and you may wrong. Look at the chart on the coinmarketcap. The only traded bitconnect coin was in their own exchange site. that gives a lot of opinion about the manipulation especially their business structure just follow the ponzi scheme.

bathrobehero

legendary

Activity: 2002

Merit: 1051

ICO? Not even once.

Did its price really went up? Or is it just a made up number coming from their exchange and broadcasted to coinmarketcap?

Their exchange is new and only deals with BCC and so they can report any number they want for the price and volume through their API and that's enough for coinmarketcap to get listed and the numbers accepted.

By the numbers ~95% of the volume is done there, they're likely also change the price to their liking which nobody will ever know.

EastSound

sr. member

Activity: 1377

Merit: 268

Quote from: jerry0 on November 07, 2017, 05:20:28 PM

I am looking through coinmarketcap and this has my attention. This coin has went up to almost as much as ETH prices already. The price of it earlier was very little like ETH yet there is very little discussion about this coin. Is there a reason why? I just noticed this coin starts the same word like bitcoin... in bit...

Is there a reason i don't find any topics about this coin? This coin has soared very high yet there is almost no talk about it. Is it possible for this coin to hit 1k or more?

Just check their history its connected to MLM or ponzi better stay away from it. It is not even being developed into a better altcoin

ahmedjamal1998

hero member

Activity: 728

Merit: 537

Quote from: jerry0 on November 07, 2017, 05:20:28 PM

Is there a reason i don't find any topics about this coin? This coin has soared very high yet there is almost no talk about it.

Well by the time you wrote this question, you should've guessed it yourself.
Yes it's a scam coin with nothing interesting in it at all. And that's actually not only my own opinion on here. Just try searching the forum for this coin and you'll see each and everyone explaining how it's a scam.

A lot of the members of the forum trade in cryptocurrencies and try to snatch every opportunity to make money out of coins. Don't you expect to find millions and millions of threads about if it was legit ?

I mean it went up from $212 on October 29 to $284 on November 3. That's a 34% increase in less than 5 days.
Clearly it's something that you don't want to put your money in.

Besides, there's something that caught my attention in the price charts.
Look at the market cap ! It went down by $1,500,000,000 in a fraction of a second and nothing happened ?
Like what in the world is going on with this thing ?

Get me out of here.

HAARP

full member

Activity: 206

Merit: 100

Quote from: Cipherr on November 07, 2017, 06:08:06 PM

You didnt search then.

Bitconnect is a well known ponzi scheme in the crypto community. Its trading of its coin is kept to as few exchanges as possible to manipulate and control its stats and its a joke that will crumble when they cant pay out eventually.

If it wasnt a ponzi everyone in their mother would talk about it, because look at its growth rate. But when you realize what it is, you wont touch it with a 10 ft pole, because it could collapse into nothing at any given moment. Like 10 days ago they just dropped their marketcap by like 500million out of fucking nowhere with some lame excuse. Go check the marketcap chart to see it.

Ridiculous. Stay away.

It's a ponzi scheme for sure, but we can't understand how its price was pumped this much. From the january 2017, until now, there is sharp value inflation in its price and this is very interesting for such ponzi scheme. That's the point.

Alns

sr. member

Activity: 602

Merit: 250

Dont be so dumb, bitconnect has only went up because it has a lot of support from the newbie ones who LOVES ponzi schemes, there is no way that a program could give someone more than 1 percent a day and with COMPOUND included, it is impossible.
Dont be dumb, dont buy this coin, because on the day that this project explodes, the price will go down so much, and it is probably going to reach less than $100 again.

Cicada1033

full member

Activity: 168

Merit: 100

You will see on the forum that this project is actually discussed quite a lot. So listen to the people! It's a well know ponzy scheme.

Just stick to the rule: If it sounds too good to be true it most likely is. And Bitconnect sounds absolutelly rediculous.

Cipherr

member

Activity: 64

Merit: 10

You didnt search then.

Bitconnect is a well known ponzi scheme in the crypto community. Its trading of its coin is kept to as few exchanges as possible to manipulate and control its stats and its a joke that will crumble when they cant pay out eventually.

If it wasnt a ponzi everyone in their mother would talk about it, because look at its growth rate. But when you realize what it is, you wont touch it with a 10 ft pole, because it could collapse into nothing at any given moment. Like 10 days ago they just dropped their marketcap by like 500million out of fucking nowhere with some lame excuse. Go check the marketcap chart to see it.

Ridiculous. Stay away.

prodigalson

full member

Activity: 200

Merit: 100

Just another shit coin for MLM sheeps

sylance

full member

Activity: 392

Merit: 102

I'd do a quick search on it; you're very likely to find the lack of discussion around it relates to the secrecy and the likelihood Bitconnect will collapse at any moment. Unlike Bitcoin which is open-source and decentralized, Bitconnect is closed. In fact, no one knows the people behind Bitconnect so if they did decide to close up shop one day there isn't much anyone can do to get their funds back.

jerry0

full member

Activity: 1750

Merit: 186

I am looking through coinmarketcap and this has my attention. This coin has went up to almost as much as ETH prices already. The price of it earlier was very little like ETH yet there is very little discussion about this coin. Is there a reason why? I just noticed this coin starts the same word like bitcoin... in bit...

Is there a reason i don't find any topics about this coin? This coin has soared very high yet there is almost no talk about it. Is it possible for this coin to hit 1k or more?

Topic: Bitconnect - page 3. (Read 931 times)