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Topic: Bitconnect and Regalcoin are dead? - page 2. (Read 292 times)

full member
Activity: 287
Merit: 101
December 25, 2017, 12:40:44 PM
#5
bitconnect price charts are weird as hell,pump and dump coin for sure.
But as every pump and dump coin you could have had tremendous profit by buying before the pump and selling before dump, it doesn't matter if it is a scam or not.
full member
Activity: 395
Merit: 100
December 25, 2017, 11:34:37 AM
#4
from the beginning bitconnect or regalcoin and other crypto with lending program is a ponzi scheme for me
so, soon or later the price will be down hard,
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
December 25, 2017, 11:30:44 AM
#3
They have both, as you note, been pointed out to be ponzi type schemes, with a lot of credible allegations. In fact, just looking at their main websites and schemes tells you to avoid them like the plague. They may not be dead, since MLM type operations are very difficult to stamp out, but steer very far away from them.

Anything that guarantees profit has to be a scam, if not now, then down the line. You simply can't profit from others below you without the whole system eventually crashing down at some point. I still see people posting about Bitconnect though, so clearly it's not dead (yet).
full member
Activity: 126
Merit: 100
December 25, 2017, 11:19:59 AM
#2
wow $75 to $4? That is a HUGE dump, anyone know what the fuck caused that dump?

And yes, i saw that bitconnect has been decreasing a lot, it seems that the huge bubble is finally crashing (of bitconnect)
hero member
Activity: 2282
Merit: 659
Looking for gigs
December 25, 2017, 10:57:54 AM
#1
I've just checked the market recently, and it feels like I didn't regret about not investing to Bitconnect and Regalcoin.

As of today, Bitconnect got down by 50% from $440+ to $220+ and Regalcoin from $75+ to $4+. Maybe lending type coins are not going to last long, especially that Bitconnect was criticized as a ponzi and they have been threatened by UK to shut down their services early January.

Are they really dead now guys?
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