Pages:
Author

Topic: BitConnect is the WORST INVESTMENT in CryptoCurrency History (Read 652 times)

sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
I've heard prohashing stopped mining / allowing bitconnect and the blocks are all being orphaned so basically it's not mineable (10%? was mineable prior?)


Is the bust coming soon or will BCC go to $1000 lol

Interesting to hear your guys thoughts
hero member
Activity: 882
Merit: 500
Personally I believe BitConnect to be the worst investment in CryptoCurrency history . . possibly the biggest scam of the century ( we will find out sooner, than later)

https://youtu.be/FQsFhZ0uuRI




What are your thoughts on BitConnect/BCC and their 5 million premined coins?

Several sources were shown in this video, here's links to them
https://quickpenguin.net/bitconnect/
https://thebitcoin.pub/t/bitconnect-bcc/780/14
https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed
https://coincodex.com/article/1036/what-is-bitconnect-and-why-have-we-decided-to-distance-ourselves-from-it/


Don't forget to use my BitConnect referral code!!! www. BitConnectisaPONZI .com
It is the truth that bitconnect is a biggest investment system where people are making lots of money and also making investment more and more day by day , so in this way the site is running perfectly without big problem .
And also here the site is not giving the fix profit daily , per day profit % can be zero , so in this way site can run easily according to the daily investment profit .
Here the site is like hashocean.com that was really a big scam site for cloudmining who scammed the people after two year Money rotation.
Here can be possibilities with new volatility software named program this will scam us soon , well here i have not made any investment in bitconnect , but if you have no tension with your money then invest at 100% risk .
member
Activity: 126
Merit: 10
Hoqu.io – Decentralized Affiliate platform
While the project is working anybody can make money on it. It's real world with its laws=) And as I can see this project is working now, so...why not?
full member
Activity: 322
Merit: 103
I don't know all the details about Bitconnect but it doesn't seem so bad when I'm looking on their chart:
https://coinmarketcap.com/currencies/bitconnect/
The coin is growing without any significant shocks. People who bought it earlier for 1$ made a great profit. Nothing about the altcoins is stable, I hope most of the investors understand it before giving away their money and no one is taking Bitconnect as a serious long term investment.

Cant you see where the huge volume is coming from? Its from their own exchange and also before there were huge price discrepancies
Damn, dude you are right! About 95% of their volume comes from their own exchange. That looks suspicious and even more risky but if single small investors are able to sell their coins then it is not that bad (I can hardly call it a worst investment). It more look like  a usual HYIP where the part of investors is paid and the others get scammed.
newbie
Activity: 28
Merit: 0
oh! I also! I almost get on to this! Actually me and bestfriend! Due to some traffic at work, we haven't had the time to put money on this, then THIS! We are very thankful we haven't invest on this. What should we do to at least avoid currencies like this?  Sad Huh
sr. member
Activity: 1377
Merit: 268
I don't know all the details about Bitconnect but it doesn't seem so bad when I'm looking on their chart:
https://coinmarketcap.com/currencies/bitconnect/
The coin is growing without any significant shocks. People who bought it earlier for 1$ made a great profit. Nothing about the altcoins is stable, I hope most of the investors understand it before giving away their money and no one is taking Bitconnect as a serious long term investment.

Cant you see where the huge volume is coming from? Its from their own exchange and also before there were huge price discrepancies
sr. member
Activity: 504
Merit: 251
I buy only 0.2 bitconnect but i sold to fast.
full member
Activity: 322
Merit: 103
I don't know all the details about Bitconnect but it doesn't seem so bad when I'm looking on their chart:
https://coinmarketcap.com/currencies/bitconnect/
The coin is growing without any significant shocks. People who bought it earlier for 1$ made a great profit. Nothing about the altcoins is stable, I hope most of the investors understand it before giving away their money and no one is taking Bitconnect as a serious long term investment.
newbie
Activity: 7
Merit: 0
Luckily I didn't invest my money in any lending systems. LOL. When people knew I'm working in cryptocurrency world, there were a lot of people tried to invite me join Bitconnect under their refferal link to earn some more money every month. LOL.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
It's a ponzi, and a big one on top of that, the early one that join can rejoice for their sweet return but the later one will get burned. Some people are fine as long as they can get profit from it but personally i feel wrong and won't touch this kind of thing. I have some of my friends asked me about this lately and i always warn them about it.
full member
Activity: 459
Merit: 117

Users int he forum kept reminding everyone about it being scam even the first days on their ICO. They are doing local conferences to people who wants to invest in bitcoin but lure them to join bitconnect for every day profit, that's what I've been hearing. There were testimonies about people earning from them too, I wonder how true.
aha very cleaver move make event and talk about bitcoin but they push their fake project secretly and make people want to invest at them, just never invest at shady project and offer hugh profit daily, that just another ponzi scheme
sr. member
Activity: 1190
Merit: 255

Users int he forum kept reminding everyone about it being scam even the first days on their ICO. They are doing local conferences to people who wants to invest in bitcoin but lure them to join bitconnect for every day profit, that's what I've been hearing. There were testimonies about people earning from them too, I wonder how true.
full member
Activity: 255
Merit: 100
https://burst.money/
That is why you have to be careful on where you are going to invest your money. Before you invest do some research and analyze carefully their whitepaper.
member
Activity: 98
Merit: 12
Personally I believe BitConnect to be the worst investment in CryptoCurrency history . . possibly the biggest scam of the century ( we will find out sooner, than later)

What are your thoughts on BitConnect/BCC and their 5 million premined coins?

Several sources were shown in this video, here's links to them
https://quickpenguin.net/bitconnect/
https://thebitcoin.pub/t/bitconnect-bcc/780/14
https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed
https://coincodex.com/article/1036/what-is-bitconnect-and-why-have-we-decided-to-distance-ourselves-from-it/


Don't forget to use my BitConnect referral code!!! www. BitConnectisaPONZI .com

I'm not sure it's the biggest in history ( GAW/Josh Garza may be much worse ), but I'm definitely avoiding it.....
jr. member
Activity: 196
Merit: 1
The Experience Layer of the Decentralized Internet
Just another shitcoin with ponzi platform. Get in, get money, get out. And don't look back. Eventual crash due to scam imminent. Look at the rubble and feel happy that you got out while you can, with profit.  Wink
sr. member
Activity: 1377
Merit: 268
I agree this type of coins shouldnt exist cause this will eventually puts a bad name in all crypto also it will entice scammers to create tons of shitty coins to decieve noobs
full member
Activity: 448
Merit: 110
I have been burnt by ponzi schemes in the past, no way I am going to hand over my cash to any HYIP any more. Say NO to bitconnect ponzi scheme and if you are still in it, kindly withdraw your money or cry about it later when it comes crashing down.
sr. member
Activity: 1079
Merit: 352
People who bought this become sort of religious cult. You see them and tell them it's a ponzi. they will attack you for sure, they don't believe anything we said and come up with some half logic to answer. They believe that the profit comes from trading bot and lending. Just look at principal release for like 299 days. It's a freaking HYIP.
And they even make an "official" office in some country make a seminar and go tour for a different province, and people who bought become more stupid and " See it's a real business, IT HAS  AN OFFICE!"
member
Activity: 81
Merit: 10
cant argue with you, absolutly agree that BCC is big ponzi scheme so far. people who invest there only think about quick buck and how to make fast profit this is going to far BCC will pop like a bubble sioon or later
sr. member
Activity: 784
Merit: 282
Thanks for this. As a community, it is in our best interest to call out and do what every we can to prevent scams and ponzi schemes like this. Why? Because when word gets out that this massive scam robs people of millions of hard earned money, it is BITCOIN, our investment, that will take the hit. People who know nothing about cryptocurrencies will all say "i told you so bitcoin was a bubble/scam"

So please, if you know of anyone doing bitconnect, get them out of it while they can.
Pages:
Jump to: