Topic: Bitconnect is Dead.... :( (Read 1083 times)

***SCAM AGAIN***

I think yes bitconect is dead. Its down very fast.
From beginner so many people said that they get much profit from bitconnect but i still doubt with this project so i never invest in bitconnect. N now its scam. I am lucky

Bitconnect is biggest scam ever.. When my friend adviced to check their whitepaper and how their system works, i said to my friend one word: Stay away! This ponzi scheme can hurt both of us because noone can get rich on ladder ponzi schemes except owners.

There are scammers even trying to get the last rays of hope from those who have already been scammed! Seriously, this world of crypto is not for newbies. It truly is the wild wild west over here. Too bad for those who got ripped off, it is easy to be blinded by the potential riches and take a gamble - I guess people just wanted to believe that they could change their lives in the blink of an eye. They will be more cautious next time.

It was heartbraking to see it burn... It was pretty obvious for people who know about economy but still, it's a heartbraking sight to see it burn down slowly. Hope this "recovery" is legit and the owner of those last tokens won't get hit once more, they already lost a lot...

Dropped from 480$ to $9,08 USD ( current price) already improved that Biconnect lost everything :  their trust at investors, their valuation at the system . I could say that the fallen of Bitconnect pulling down a huge empire of MLM coins which are really potiental to developing.

So, just strike out this useless project. This is normal situation. Be more positive and concentrate your attention on more successful projects

I think they are back, I was watching Youtube and saw an ad starting with Bitconnect logo its called Zouk coin !!

Bitconnect is dead but the scam idea behind it is not. There is another new coin called Lendconnect
with similar website and features that is going to suck in many new investors unfortunately.

It was sadden that bitconnect shutsdown most of their features, there value really goes down a lot. I feel sad because I have family members who invested in bitconnect and I hope they will release their capital investment.

Bitconnect was even in the top 20 of coinamrketcap list at some point in late 2017 . If they are actually pumping and dumping, people are going to lose a lot of money.

Breathing? haha, even microbes need to breathe. xD

Bitconnect is still breathing and fighting for its existence, i wonder there are still believers of this ponzi cause the coin  has still price and traded to different exchanges to different trading pairs.

I think you're wrong about that. Many people who bought BitConnect from stock exchanges were unaware of BitConnect's system. So many people may have invested in this system without knowing it.

Honestly I don't feel pity for bitconnect investors (suckers) that lose money. They should've known this was a ponzi scheme. There were too much information regarding this scam basically everywhere. I hope we will see these scams less than now in the future.

Because Bitconnect gave a hope for those who wants catch a dream.... big money without hard work.
They promised good profit for those who participate and join referral program.
But at start of this progect many analysts had afraid than that multy-levels referral program looks like stupid Ponzi scam.

It was born dead, I never understood people investing their money in scams like Bitconnect when we have a lot of solid, prospective projects on the market.

   They still believe in recover. I do not know why would anyone invest in
BitConnect when there is so many people who point that it is a pure scam.
   I do not feel sorry for people who lost money there, I hope that can be
their lesson for the next time.
   I would like to see what will happen with that law suit in court, that can
stop people to create scam ICOs if they can go to jail for doing that.

There is a rumour about bitconnect try to build new platform in the future called bitconnectx, This scam project just remind me with cloud mining site which already tried to rebrand into the new name to erase a lot of negative comments and review about that.
Bitconnectx scam will be back again soon. Honestly i will be glad to see if the developer will be arrested to the jail. 

I don't understand why some people still holding this coin, it was said this this time last year when the ICO was on that this is a pure scam, but because of people's greed and thanks to some youtube content provider they help promote this scam. I have you guys know there is a class action suit in court now against Bitconnect and its promoter

Trevon James keeps pushing lending scams by the way!

A lot of the people who were scammed by Bitconnect are now uniting and taking action against the company
https://www.bitcoinguerrillas.org/

I will just correct you on this; Bitconnect has always been dead* only that most people was not aware of that from the very beggining.

I am very sorry for all those who lost all their money in there, but they should know that they were just investing in a ponzi scheme.

and down to $18.39 today!!

I thank God that I only invested $100 into it several weeks ago !!

It is totally death.a the pump to $40 is only exit scam by them or by their so called leader. This coin design to become ponzi from the first. Why on earth people trust million of dollar to this ponzi scheme coin. Leason learned and now move forward for whoever invest on bitconnect.

Well what do you expect from a Ponzi scheme? To prosper and grow more and more?

No person with even half a brain believed in BitConnect. It was pretty much the dictionary definition of a ponzi scheme. And no, it's not hard to pick a good coin, in fact it's pretty damn easy. It just takes time and discipline to properly research projects without listening to baseless fanatical hype.

I like beetoken
Wepower I dont like itm,the team is from estonia and lithuania so a big % scams or problems.

I knew from the beginning that bitconnect is a ponzi . Even Vitalik Butherin the founder of Ethereum sustained that each platform that it gives you more than 1% every is a PONZI . Be careful in future and stop to put money in platforms like this "lending".
Have a great day !

Most people are interested in ponzi scheme and overaggressive marketing strategies as seen in Bitconnect. It was obvious that it is scam, but most people are idiots and invest such things. Maybe some investors read this but sorry I have to be honest, do not ever invest such a ponzi scheme again. Do not believe over happy people as seen in Bitconnect party omg.

Today I saw that its price increased a bit. This was a huge chance selling all you got. Crypto market is huge with lots of chances, I believe you can earn what you lost soon.

There will always be new projects like the BCC was. Many investors were deceived by the promises of the developers. Possible profit was unimaginably high and it is sad that most of the investors actually believed in this scheme.

A scam is finally revealed and this Ponzi scheme that worked on the principle of the payment system from the old users to new is broken now. Problem is that the more scams like this are already working on the same principle and they still ain't revealed.

Bye, bye BCC!

Its a big loss for all new investors of that Bitconnect. Its hard to pick a good coin to invest now because of this happenings, Im afraid now to lose my money. So many investors and community believed in their project but they pulled it all to the ground. This is the saddest scam project I've ever heard. But i see there are some lucky who sold it early and its a trauma for all investors.

fear is strong with this one
i think so many people that can not access more information about how crypto investment work become fictim of this fall
so when this news come up, price go higher again..
or maybe someone play with it

Only a complete and utter moron would still believe BitConnect at this point. No serious company would just randomly close doors over night and cause such a catalysmical drop.

Oh what a crazy candle at Bitconnect man. Happy that I sold that stuff.

Bitconnect has said they would like to price the BCC coin at $150 on their bitconnectX exchange when it opens.  People may be buying in hopes that they fill follow through.  They have said they would like to make people "whole" with their investments in their lending program by paying them the $363 per BCC coin they hold from their loans; for people who didn't transfer their BCC from the bitconnect exchange already and sell them for huge losses.  Remains to be seen if they will do it.

There have been so much warnings everywhere and people were still blindly following the gurus. So sad story yes, but all have been warned!

All the market is recovering right now starting from BTC to all Altcoins so maybe Bitconnect still alive.

Honnestly i don't understand why people keep buying this... Don't they look news about the project before invest on it ?

Lol. The youtube video is so funny. This is the type of project that gives cryptocurrency a bad name.

I dont know much about bitconnect. many people say that bitconnect is a ponzi scheme, but that strikes me as strange. right now i am checking marketcap and bcc pumped, actually what is going on.

Why not? Because it would be mentally deranged to do so. It's only a matter of time before you crash to zero with your mentality.

Bitconnect gained in value after drop. Say whaaat?
Used it and earn your money, why not?

It has to happen sooner or later. It's always the same history: astronomic gains, huge referral program, short time of life to project, developers become riches, users become poor.

I think it was ovbious because it is a ponzi scheme.
Bitconnect has no proven way of earning.
Community was warned many times before.
But till now people are making money from this shit.
I think it is a move from whale for exiting their position.

It is still not dead... $57.86...

I know from day one it is a ponzi scheme, and suggest friends not get into it, however there are still some people supporting it.

It's no surprise. When business activities are shady, this is what they always come down to no matter how successful they may be. Hope people would stop looking for fast gains and do their due research before engaging in any venture.

Bitcoin died i also die with it.  LOL 

Sure, until it collapses again.

i dont know if is a strategy to dump the price of bcc 10$ dip price right now almost 70$... This yr bitconnect will experience pump and dump. Lucky person who bought the bcc price of 10$. This is cool profit follow the fudd news.. Fudd news will become a profit.

Because of substantial brain deficiencies.

I con't believe at my eyes: bcc over 60$. Who is so stupid to buy BCC coin now??? This is not speculation, this is an HARAKIRI!

I feel bad for people who lost funds on that. I find it very amusing that Bitconnect grew today, maybe people can recover some funds with the pump today.

Sooner or later it was going to happen. The fact that this is a scheme Ponzi said everything. People bought it because of their greed and were punished for it. Greed is punished and this is fair. I hope that no one held all portfolio in this coin. To all who lost money - I wish to quickly restore the lost.

In scams you can earn too.
It dropped to 5 bucks and it is above 80$
Someone is buying, why?

I couldn't care less about bitconnect. Never invested a cent into that ... When something is too good to be true then it usually is... there is only 1 person I trust and it's me

Many people continued in BCC despite warnings and knowing was a ponzi scheme, they just looked through eyes of greed. Many others were ingenuous and fall into the scam without any guilt.

I said to people it is a matter of when this house of cards will fall, the interesting thing here is that you still see some people still investing in their new ICO they called BitconnectX, most people just like to gamble with their money

I heard this news too from my friend and I read on the website. it is sad but it is true. I think every people maybe know that bitconnect is ponzi but they still make investments in that site and it is for a big money and now, with the price is dropped and maybe it will scam, many people regret their decision to join bitconnect. I think from this news, many people will not give a trust to cryptocurrency although maybe they don't understand that bitconnect is not bitcoin.

I remember the news about BCC being a scam from about a month ago. Can't believe people still bought and didn't sell after that. I guess maybe they hadn't heard of the news or something. What shocked me was that when the first article came out, the price still increased. That's when I knew it was a scam

Why the sad face? I'm happy so many people were forced to actually learn something about good crypto fundamentals. Something which BitConnect didn't have.
 

We should celebrate instead!

The Bitconnect coin itself is not dead, its lending platform is the one that stopped in operation. As of this writing, the price of bcc coin in on the rise. Who knows, the people behind bitconnect offers another service that will benefit the community.

It was a pity. Officially cheating. They collect their money and say they are going now. Now it's a shame what the stock market will do in the stock market.

The Bitconnect project had bad news written all over it.  It had a weird cult like following. 

This is the time that MLM co-ops will disappear from the market after a period of turbulence. BitConnect is the largest MLM affiliate marketer and is currently on the verge of recession. The day BCC went to the coinmarketcap site I had anticipated it would get out of this market forever and that day has come, really condolences those who have invested in BCC from a very high price.

GG and you know what people who were involved in Bitconnect, I don't even feel bad for you because if you watch this video you can clearly see something is massively wrong. https://www.youtube.com/watch?v=vtXMifzkmV4 BITCONNEEECCCTTTT  (watch first 30 sec only lmfao)

Hoping is only for now someday bitconnect will fix this problem and the trust of investors coming back again
Bitconnect have good reputation in the world of cryptocurrency,
I think bitconnect wake up,again and showing to the people are not dead.

This is the inevitable end result when you are investing money in ponzi scheme. Because Bitconnect was ponzi from the beginning and it was the biggest ponzi I've ever seen in crypto world.

BitConnect was already known to be ponzi. I can not see a surprising situation. many people were told you should not to attend.

I guess thats a pretty hard lesson in economics 101 there. With great return, come great risks. With stupid good returns, comes even more risk. And then there are ponzi schemes. They always end at some point, and a lot of people get hurt badly =/

R........I..........P Bitconnect Ponzi

Everything what can be said now is useless. The project dint go well, maybe the crypto lending market is not that easy. It is making one risky investment even more riskier.

From the beginning we can tell that is a ponzi scheme, even Vitalik warned already the people that is a scam..They even create another ico which is the bitconnectx.

The house has fallen, nothing more can be done. I hope more scam projects end up infesting the crypto world.

Why did you even go into it, so many people burned out. From the very beginning of the project it was clear that this was just HYPE, collected the money and it was clear that at the end we would see scam.

After being not a FUD, but just a FACT that BCC is declared a ponzi scam and was forced to close.. i can't hardlybelieve there is still peopple buying this..   Anyone really expect to receive 363.63$ per token as stated in the quoted claim?¿?¿ are you joking?¿? this must be another final scam to drain the last few dollars possible..
5 days ago BCC = 430$
5 hours ago BCC = 6$
5 minutes ago BCC = 26$
so.. people bought it again (4x from 6$ to 26$ in a while) after knowing all the facts that verified BCC was a scam? then this people honestly deserve to loose all his money for having the brain seriously damaged and not being able to think..

well, after that news, it is below $6USD now at coinmarketcap
but before i post this my friend ask me to join their BCC group
well.. that's escalated quickly
they give me pict about BCC will coming back
and i just said simple word.. NO

This is to inform all community members that we are closing the Bitconnect lending and exchange platform. We are closing the lending operation immediately with the release of all outstanding loans. With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your BitConnect wallet balance at 363.62 USD. This rate has been calculated based on last 15 days averages of the closing price registered on coinmarketcap.com. You are free to withdraw your BitConnect coin currently in QT wallets that was used for staking as well. We are also closing BCC exchange platform in 5 days.  In short, we are closing lending service and exchange service while BitConnect.co website will operate for wallet service, news and educational purposes.

The reason for halt of lending and exchange platform has many reasons as follow:
•The continuous bad press has made community members uneasy and created a lack of confidence in the platform.
•We have received two Cease and Desist letters, one from the Texas State Securities Board, and one from the North Carolina Secretary of State Securities Division. These actions have become a hindrance for the legal continuation of the platform.
•Outside forces have performed DDos attacks on platform several times and have made it clear that these will continue. These interruptions in service have made the platform unstable and have created more panic inside the community.

Closing the lending and exchange platform doesn’t mean that we will stop supporting BitConnect coin. Closing the lending platform will allow Bitconnect to be listed on outside exchanges giving more options for trading.

We will keep working to make BitConnect coin available to merchant websites providing them API access to accept BitConnect Coins on their platforms.

BitConnect X ICO is still functional and we are building an exchange platform on the BitConnect X website. With BitConnect X operating as an exchange platform, BitConnect Coin (BCC) will be listed there.

This is not the end of this community, but we are closing some of the services on the website platform and we will continue offering other cyptocurrency services in the future.

Best Regards,

The Team BitConnect


Hope I get my $ back

It seems like it is dead and this is just the beginning, BitConnect can go to value zero so care with an investment guys. Just a warning for all the dip buyers that are looking for great chances right now

Before the investment is made, it is necessary to investigate what the project is and who the project team is. BitConnet is a good example of this. It was bad for those who invested their money in BitConnet.I hope they did not lose much.

Shit happens, that's why I never trusted it. Hope there comes a good system for a passive income, would be great to have one strain of income in cryptos without trading.

Glad it finally collapsed. Bitconnect obviously used ponzi scheme for its lending program. It was just the same as hundreds of sites listed in Investor-based games, the only different is this one got a huge marketing so it could scam a lot more in value and stay for a little longer.

I hope people won't fall for something like this again, unless they really know what they're doing.

Ponzi scheme ... you knew it was a scam
 

No alt dropped 93% in fcking value... unless it was a shitcoin.. OH WAIT

Bcc is a dip record holder for yesterday thata true,but in fact a lot of alta dipped twice for last few days.Im holding around 10,and 7 are 50% minus if not more.So you can say bcc dead.Its the same as all of them now

$277? God you won't like looking at the graph today buddy.


Ponzi scheme got popped, I don't feel sad for the idiots who can't do a simple google search.

Many people knew it already then still get into it well some people successfully make money but still lots of people are now suffering because of this greed. This happens so many times and we must learn from this things to prevent loosing money. Invest only on great coins and big profit will create for sure.

I suspect this situation represents an opportunity to buy BCC before a significant bump. That is my opinion.

BCC is valued currently at $277 on Coinmarketcap, down 7.48% as compared to BTC. What's more I think the price will dip further once trading is resumed because panic wont stop immediately, but following the dip I expect to see BCC rebound and that it will match BTC's percentage growth thereafter. That would mean approximately 7-10% bump in price within short order.

As always I am no expert, just a guy talking about crypto. Do your own research.

This great fall is only seen in deaths. It went down from $ 400 to $ 15. R.I.P.

Everyone who did a tiny bit of research knew bitconnect was a ponzi scheme. I feel sorry for the people who had no idea and failed at researching it. I am sure a lot have lost a lot of money. Again, this is the perfect example why you should research everything you invest in properly. Don't listen to random guys on the internet, they do not always have the best intentions in mind.

You're dead for $10,000? Don't make a mountain out of a molehill, the decline is mainly due to the influence of the policy reasons, such as people adapt to this policy, the currency will also give you faith again, if the currency is dead, so digital currency will all die!

Another will come with some other name and same greedy people will get connected to that and make it popular.

In this all Ponzy game newbie who just started the online earning things usually are those fishes who got trapped in the net easily.

Because there concept is of Bank where interest is low around 5-6% per annum and in these ponzy percentage is so big that they can't stop it to try. So whatever amount they earned in pennies by doing small task they just dumped there to make it big and later they found themself Scammed.

People were warning about bitconnect scam for some time now, i hope people went out in time.. 

Many of us knew already this was a ponzi scheme.. i just read https://www.bloomberg.com/news/articles/2018-01-16/bitconnect-closes-exchange-as-states-warn-of-unregulated-sales

Hope it didnt trapped much of you