Topic: BITCONNECT down for 24 hours or more? - page 2. (Read 569 times)
yes, since yesterday it is falling. it might be profit booking.
I only put a little it. took most ofmy money out. but now the damn site is nearly unusable. they are crashing hard right now and I fear lots of people will lose a lot of money and worsen the already falling crypto market
Site is up for me right now if you guys wana pull out your money.
Yeah.. that is the best thing that you can do, just withdraw everything from there before they end up scamming everybody in there.
This site is crap, and they are the most giant ponzi scheme that has been created during the last year.
Pull out your money while you can,this ponzi scheme wont last forever everyone is starting to cashout and seems the founders of this scheme will make a silent move for their exits.
Personally, am not a big fan of HYIP programs due to the extreme risk involved. I know some people who actually profited from these programs which is why I know for a fact that it is possible to earn big money from these programs, but it is extremely luck dependent and I feel that ICOS are way better in this aspect. Investing in an ICO is far less riskier when compared to investing in an HYIP.
Coming to Bitconnect, this could be their exit strategy, but I am not sure since they did bounce back sometime back from such attacks and continued their operations which is why I am reluctant to call this a scam.
Coming to Bitconnect, this could be their exit strategy, but I am not sure since they did bounce back sometime back from such attacks and continued their operations which is why I am reluctant to call this a scam.
I invested and thankfully made back my initial outlay, so currently in profit.
I would like it to come back online so I can keep taking the $$ but if not ... oh well.
I would like it to come back online so I can keep taking the $$ but if not ... oh well.
Site is up for me right now if you guys wana pull out your money.
I always stayed far away from bitconnect, I heard about it early june and was tempted by all the possible profits but seeing a bunch of youtubers spouting referrals everywhere and the pyramid scheme made me think twice though. From what I know, your funds are locked for a certain duration if you have invested in BCC. If that's the case for you I hope things work out because it's easy to see that this kind of lending program is not built to last.
I only invested a small amount of BTC before I knew what this was, however I have already made more than my investment so no worries. However the site has been down for nearly 24 hours as far as I know, maybe longer. super vague posting on their site too about it. anyone have anything on this?
Conventional doss attack that happens every day with thousands of other projects and sites, this project is the father of the founder in this line of business, I think he will survive all the projects of similar nature Not sure, it depends on how much you trust them. They are still updating their social media sites letting people know it's still down. It would be huge news if it did go down. If it's truly a ponzi, then BitconnectX is what they're doing to gather more funds, but if they were exit scamming out of Bitconnect, then BitconnectX is a definitely scam because why would they go through the trouble of announcing this and trying to follow through with it with some new company. Nobody would trust them if they exit scammed out of Bitconnect, so BitconnectX wouldn't even get off the ground.
I'm all about Davor anyways. At least they're a bit more transparent and are paying nicely. But like I said, I'm glad I found a new one so perhaps this thing can go on for a year like Bitconnect. I just need it to last a year and I'm all good in the hood.
I'm all about Davor anyways. At least they're a bit more transparent and are paying nicely. But like I said, I'm glad I found a new one so perhaps this thing can go on for a year like Bitconnect. I just need it to last a year and I'm all good in the hood.
BitconnectX wouldnt be an exit scam imo, since they havent sold out that ICO yet. If they were using it for an exit scam they would have milked that ICO dry first.
I checked the ICO out, didnt invest. Its basically gonna be a decentralized exchange, they limited each investor to 500 or 5000 (i cant remember) USD per day for the ICO. It also had a daily hard cap. They could probably raise 200m USD in an ICO if they wanted to, but they didnt, they limited the hell out of that ICO so i really doubt bitconnectx is intended as any form of an exit scam.
But again, BCC is a risky one, im on it too with a tiny bit of money and shockingly for all the risk it exposes us to its the worst performing of all my investments
Not sure, it depends on how much you trust them. They are still updating their social media sites letting people know it's still down. It would be huge news if it did go down. If it's truly a ponzi, then BitconnectX is what they're doing to gather more funds, but if they were exit scamming out of Bitconnect, then BitconnectX is a definitely scam because why would they go through the trouble of announcing this and trying to follow through with it with some new company. Nobody would trust them if they exit scammed out of Bitconnect, so BitconnectX wouldn't even get off the ground.
I'm all about Davor anyways. At least they're a bit more transparent and are paying nicely. But like I said, I'm glad I found a new one so perhaps this thing can go on for a year like Bitconnect. I just need it to last a year and I'm all good in the hood.
I'm all about Davor anyways. At least they're a bit more transparent and are paying nicely. But like I said, I'm glad I found a new one so perhaps this thing can go on for a year like Bitconnect. I just need it to last a year and I'm all good in the hood.
I only invested a small amount of BTC before I knew what this was, however I have already made more than my investment so no worries. However the site has been down for nearly 24 hours as far as I know, maybe longer. super vague posting on their site too about it. anyone have anything on this?
It is better to stay away at bitconnect at the moment. Because they may be starting to exit and create a new ponzi scheme. New participants will suffer huge losses. this is the cycle of a ponzi scheme so you must already know that.
Well what do you expect to this well crafted ponzi scheme? they will shutdown wihtout notice after they got their profits just like the other ponzi schemes,nothing new i pitty those who invested in bitconnect scam.
I bought BCC coin when the price $1,7 and sell all the coin a few week ago. The coin of Bitconnect actually is real cryptocurrency that we can mine by self but the lending program can be fraud and use only ponzi scheme. I think Bitconnect will back soon with new strategy to attract new member. In my country Indonesia Bitconnect is booming and many my friends join in it.
Bitconnect is now the property of the Queen of England, including all the assets. They filed papers anonymously and didn't complete the required registration so it defaults to the queen. I am being serious. It was a scam.
Maybe Bitconnect should consider rebranding to Bitdisconnect. For a billion dollar cryptocurrency project to be down for this long is unacceptable. This situation will have a negative impact on the project.
Exactly. This is so unlikely that a billion dollar project will so easily be ddosed meaning it is more than likely that they are already ending their ponzi scheme. I wouldn't be surprised if the next thing they say is that they were "hacked" and that all the money was stolen (when in reality they hacked themselves and are laughing at all the investors whose money they stole).
Everyone was warning raising red flags and warnings against bitconnect. If you still foolishly invested in them despite this, then its your fault your money is now gone.
Ive heard they received cease and desist in the U.S probably they will shutdown forever for good,never join these ponzi schemes.
Maybe Bitconnect should consider rebranding to Bitdisconnect. For a billion dollar cryptocurrency project to be down for this long is unacceptable. This situation will have a negative impact on the project.
Well it's clearly a ponzi-scheme so no surprise there.
In my early days on crypto-world, I've been a fan of HYIPs (High Yield Investment Platforms) and most of them use this kind of scheme and I'll tell you now, whenever a HYIP is about to close, bad things seems to happen first, DDOS-Attacks, Frequent senseless maintenance, and some other excuses just to pause their services for a while. After a couple of days, Boom, website down, Goodbye to all your investments.
So better not to get involve with such HYIPs in the first place or else, you'll end up losing everything.
In my early days on crypto-world, I've been a fan of HYIPs (High Yield Investment Platforms) and most of them use this kind of scheme and I'll tell you now, whenever a HYIP is about to close, bad things seems to happen first, DDOS-Attacks, Frequent senseless maintenance, and some other excuses just to pause their services for a while. After a couple of days, Boom, website down, Goodbye to all your investments.
So better not to get involve with such HYIPs in the first place or else, you'll end up losing everything.
You mean invest early enough that when you lose the initial 100 bucks, that's just the cost of doing business. pulled a few hundred out in BTC already.
Well it's clearly a ponzi-scheme so no surprise there.
In my early days on crypto-world, I've been a fan of HYIPs (High Yield Investment Platforms) and most of them use this kind of scheme and I'll tell you now, whenever a HYIP is about to close, bad things seems to happen first, DDOS-Attacks, Frequent senseless maintenance, and some other excuses just to pause their services for a while. After a couple of days, Boom, website down, Goodbye to all your investments.
So better not to get involve with such HYIPs in the first place or else, you'll end up losing everything.
In my early days on crypto-world, I've been a fan of HYIPs (High Yield Investment Platforms) and most of them use this kind of scheme and I'll tell you now, whenever a HYIP is about to close, bad things seems to happen first, DDOS-Attacks, Frequent senseless maintenance, and some other excuses just to pause their services for a while. After a couple of days, Boom, website down, Goodbye to all your investments.
So better not to get involve with such HYIPs in the first place or else, you'll end up losing everything.
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