Take it as a lesson these types of platforms will never have any traction in crypto or the real world. They can work for a while, but once people figure out the scheme or once money stop coming in then you see what actually goes on. There was another one called DavorCoin I think and the same thing happened within a couple of months. You don't want to be in a spot like Trevon James or Craig Grant are in right now, I would be immensely scared going up against the US government.
Hint: If a platform offers "guaranteed money", get as far away from that platform as humanly possible.
Topic: Bitconnect and Regalcoin are dead? (Read 298 times)
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
best ponzi scheme of crypto was bitconnect .
carlos was best shiller of this .
such schemes only give benefit to early investors and for large number of people it turn out as scam .
op got panicked for 220$ price , hope he sold all his coins before its real end .
carlos was best shiller of this .
such schemes only give benefit to early investors and for large number of people it turn out as scam .
op got panicked for 220$ price , hope he sold all his coins before its real end .
Both coin are death and already predict it. And now still there are many project scam ponzi like this trying to steal money again from others. Just be carefull there are many coin created for ponzi from the start but there are many legit project. You need to do dip research to know about it and always read whitepapper before investing.
and yet all this documentation is made by the developers themselves, and maybe even other people, but only under the guidance of the first. Thus, it can be said that all the information that is written in the White Paper can be built and made so as to deceive you as the truth.
Both coin are death and already predict it. And now still there are many project scam ponzi like this trying to steal money again from others. Just be carefull there are many coin created for ponzi from the start but there are many legit project. You need to do dip research to know about it and always read whitepapper before investing.
There has been an over saturation of lending platforms in the market. Literally the past 3 months, all sorts of new ones have popped up. I think a lot of people are just buying in the ico and dumping immediately afterwards.
these projects worked some time.. i guess it stopped working after 10 lending programs .
lets wait for the next wave of scammy projects
lets wait for the next wave of scammy projects
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?
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?
If its all about the drop in price that is being witnessed for you to determine whether those coins are dead, then I would say maybe bitcoin is dead too and all other coins that have shown a downward price in the past couple of days. In the case of bitconnect, the possibility of it crashing is kind of high considering the negative publicity that surrounds it and the UK threat you made reference to in determining the future of this coin.
Bitconnect seems quite dead.
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?
Bitconnect and regalcoin was huge dump, but not means that this coin are already dead. Maybe it will happen because many users were full out their investment due to continues declining of bitcoin price they think that investing in this coin is more effective than investing into different coin. Also probably happen was they lessen the price of bitconnect and regalcoin coin because they want to encourage more capitalist. 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?
Good riddance, ponzi schemes are extremely unethical. Hope the bitconnect founders get destroyed in the courts.
Bitconnect is pretty dead, i dont understand why a lot of people have put all their life savings in there. And i read stories about people saying that they asked for loans to friends and banks in order to invest in this ponzi
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?
As of today, Bitconnect got down by 50% from $440+ to $220+ and Regalcoin from $75+ to $4+. Maybe lending type coins are not going to last long, especially that Bitconnect was criticized as a ponzi and they have been threatened by UK to shut down their services early January.
Are they really dead now guys?
You didn't regret about not investing in it? Well I did, from 0.70$ to 300$+ was a huge profit.
It is not yet clear who is behind the project, how it works, or if the BCC has any actual use. Bitconnect also uses a number of questionable methods to work and promote its business. The business model proposed by the company is economically unstable, since the current level of profitability can not be confirmed by any one,or legally known investment system.
Bitconnect and Regalcoin not the best options for investment, soon they will just disappear...
No coin is simply dead, and dead coins may come to life stronger. If you believe in bitconnect and regalcoin then it is very good time to buy these coins.
any reasonable reason why we must believe bitconnect or regalcoin ?
because i see there is no reason to buy both coins
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,
so, soon or later the price will be down hard,
And it is doing exactly that at the moment, regalcoin is the same as bitconnect only that created by 3rd world countries. Bitconnect is much more professional, but in the same terms, they are exactly the same, ponzi schemes.
No coin is simply dead, and dead coins may come to life stronger. If you believe in bitconnect and regalcoin then it is very good time to buy these coins.
I wanted to buy some regal coins when it was pumping but fortunately I knew about possible scam of the coin.Just double check,guys,before buying something.
Lending coins like Regal and BCC have been tainted hard as Ponzi schemes and by the looks of it now, they are finally being dumped hard. If you earn money off of people under you and are told that your capital is locked for x amount of time avoid it like the plague. These coins pray on the weak and the newbies entering the crypto market and sooner or later their funds will run out and once that happens well you know the rest. Sadly, I was a victim of 1 coin scam but luckily I only put in $200 to test the water. You should check out SALT that is an example of what an actual lending company should look like. They are transparent with most of their missions and they actually have a face behind the coin not like the others. I definitely feel sorry for the people who invested not hundreds but thousands to BCC and regal. You will see a class-action lawsuit coming up soon I am sure.
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?
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?
not for now,, because the believer from BCC and Regalcoin is still exist, but big player already got huge money on it, and slowly but surely they start quit from both lending crypto,,
maybe few weeks again from now both cryptocurrency will be dead,,
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.
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.
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,
so, soon or later the price will be down hard,
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).
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).
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)
And yes, i saw that bitconnect has been decreasing a lot, it seems that the huge bubble is finally crashing (of bitconnect)
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?
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?
Jump to: