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Topic: BitConnect - Is there any chance for BitConnect to fail? - page 2. (Read 1042 times)

full member
Activity: 288
Merit: 100
Bitconnect is a wonderfull project driven by professionals. So don't wait to jump in.
You will make a good life "with headache" when you enter a professional driven ponzi scheme.
full member
Activity: 229
Merit: 100
Some people say BitConnect is a scam some say it is legitimate, what do you think? I've read many articles about it and I still not understand how it actually works.
There is absolutely no chance for BitConnect not to fail.

Just do the Math.

If the interest that they promise was real, there would be more money in BitConnect than in the entire rest of the world in a very short time.

Why would they do the math, if this would kill their dream of becoming infinitely rich by doing nothing? Eventually, people sometimes get killed by dreams.

lol, really sad this day people invest at some scam ponzi project and believe that a real project, and in the other hand sometimes people not event bat an eye to real project cause dont have "daily" profit

Exactly. One of the cases is the lack of interest of "inverstors" for Bancor, which just because of its nature cannot be used for pump&dumps. And it is a long term project.
full member
Activity: 252
Merit: 100
simple, it's an old game, old player will be paid by the new one, simple as that "Ponzi Scheme". Nothing to do about research or calculation, as you know even cloud mining nowday is playing some ponzi too, it's hard too believe that you can got paid with daily percentage or something like that  Grin believe me trading always be better choice
newbie
Activity: 37
Merit: 0
I got in, took my into into BCC and it tripled. then the next few times i got to 10 bucks, i reinvested. now I go directly to BCC to BTC and to Bittrex.
member
Activity: 182
Merit: 10
Its a well crafted ponzi,usually doing good in the start and will end in bloodbath after they sucked all your money the last members who joined will suffer badly.
full member
Activity: 396
Merit: 106
Don't fall for it. Ask you the right question. Why they are given you 1% interest per day, so 365% per year ? If they can make money as quick, why they need yours ? They can snowball with a bank debt. It's a scam, and it will fail a day. No ponzi last forever, since century this system exist, none of them live since.
Bitconnect is a high-yield investment program (HYIP). Everyone knew all of that since day one in MMO, only delusion idiot believe in safe and have reward or they could simply a shills. Good luck to Bitconnect holder and hope you get out of it with some gain, no hard feeling.
member
Activity: 140
Merit: 10
when someone giving you a percentage return everyday,
you can tell them to fuck off,because most of them are scammer.
do you think they're a genie? so they can give us an exact number how much that we will get everyday?
i even encountered something like this and can be said as one of the victim.
so do not bother with it and try to find something else,because you can see a lot of project other than this one.
better safe than sorry my friend
full member
Activity: 195
Merit: 100
According to CoinMarketcCap, bitconnect lost 70% of its market cap on November 3rd.
https://coinmarketcap.com/currencies/bitconnect/#charts

One point that occurs to me is that as long as BitConnect keeps all of the BTC invested as its "reserve" then the ponzi is sustainable for as long as bitcoin keeps increasing in value as it has.Notice that the value per BTC has essentially topped out and rolled over.
full member
Activity: 462
Merit: 100
BitConnect is probably one of these rare cryptocurrencies that almost never showed its decrease. It is very strange for me, and although I do hope it is not a ponzi project, its growth lets me thinking it looks like a fraud.
sr. member
Activity: 308
Merit: 250
As long and new money keeps pumping into crypto bitconnect will continue to run.
Only a very thin line separates bitconnect and most alts.
hero member
Activity: 952
Merit: 513
Some people say BitConnect is a scam some say it is legitimate, what do you think? I've read many articles about it and I still not understand how it actually works.

It's definitely not legit. Anyone trying to convince you that Bitconnect is legit is trying to earn from you a portion of your investment because there are lucrative rewards involved with introducing new investors into this ponzi scheme.

And that's exactly what it is - a ponzi scheme.

If you don't understand how it actually works, it's probably fair to say that it is going to scam you. There is no way that the profits are going to keep rolling in.
legendary
Activity: 1932
Merit: 1273
in my opinion, bitconnect had a great Ponzi scheme concept that will sustain in a long time prob 2 years from now, well I say it Ponzi scheme because from the bitconnect created until now, no one can able to prove the bitconnect volatility trading bot.

Seems if you would have bought and got in, in the beginning, you would be a whole lot richer now. I remember seeing it and letting it slide.
isn't it how all HYIP Ponzi scheme types of sites works, everyone who join earlier will get rich, but who late to join it will only have loss of money.
member
Activity: 136
Merit: 10
but maybe that's true because I also participated in joining the bounty airdrop project but until now I still have not received the token. whereas I've fulfilled the load in that respect.
full member
Activity: 196
Merit: 100
The later you join the pyramid - the more likely that you pay interest to those who have already joined. The last joined usually lose.
Just keep that in your mind. You can make money if you will be fast enough.
sr. member
Activity: 700
Merit: 350
Betting Championship betking.io/sports-leaderboard
i thnik bitconnect is yet too far from falling yet i think this alt has proven to be a strong so if you are investing i advice you to trade with it but if you still yet want to buy and you are looking to buy it so don't wait for it to fall too much.

I don't know how you can even say this. There is plenty of evidence that should alert you to stay away from bitconnect. Right now some of it's major promoters are cashing out (Trevon James, Sunny decree, cryptoNick, are just a few examples). Why are they doing this, have they stop believing in the project? I think the main reason for them to do this, is of course that they know this is just a ponzi scam, and since other users are realizing this as well, it's time to leave the boat before it sinks. This is just one of the reasons to stay away from this project right now, but even if you just look at what they are offering in their lending option, you should never get into it as well. What they offer is just impractical, and it's the same scheme as any Hyip out there.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Bitconnect is a hyip type scheme that has gotten big due to the cryptocureency growth over the last few months. It will crash and it's creators will ultimately run away with user funds. It's hot it always goes with such schemes. I challenge you to prove me wrong.
hero member
Activity: 1358
Merit: 834
If this thread is serious, then let me tell you that all of these newbies that are saying that bitconnect is worth it, let me tell you that they all are lying, maybe they all are alt accounts because they dont want to risk their reputation just by saying that kind of crap.

How the hell do you think that a normal company who is worth more than billions of dollars is going to be able to pay out 1,4% a day of interest to all their investors? (Plus, compound)

It is impossible, and there is no way to see it happening, banks are usually giving around 3% a month (and that is about 2 days of interest with bitconnect)

It is going to fall soon, it is just matter of time until we are able to see that happening.
Banks don't even give 2% per year. If banks gave 2% per month the stock market wouldn't exist.
QFT
sr. member
Activity: 476
Merit: 250
in my opinion, bitconnect had a great Ponzi scheme concept that will sustain in a long time prob 2 years from now, well I say it Ponzi scheme because from the bitconnect created until now, no one can able to prove the bitconnect volatility trading bot.

Seems if you would have bought and got in, in the beginning, you would be a whole lot richer now. I remember seeing it and letting it slide.
legendary
Activity: 1932
Merit: 1273
in my opinion, bitconnect had a great Ponzi scheme concept that will sustain in a long time prob 2 years from now, well I say it Ponzi scheme because from the bitconnect created until now, no one can able to prove the bitconnect volatility trading bot.
hero member
Activity: 766
Merit: 509
If this thread is serious, then let me tell you that all of these newbies that are saying that bitconnect is worth it, let me tell you that they all are lying, maybe they all are alt accounts because they dont want to risk their reputation just by saying that kind of crap.

How the hell do you think that a normal company who is worth more than billions of dollars is going to be able to pay out 1,4% a day of interest to all their investors? (Plus, compound)

It is impossible, and there is no way to see it happening, banks are usually giving around 3% a month (and that is about 2 days of interest with bitconnect)

It is going to fall soon, it is just matter of time until we are able to see that happening.
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