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Topic: Bitconnect Official Shutdown News (Read 412 times)

member
Activity: 476
Merit: 41
January 19, 2018, 06:35:48 PM
#43
HORAY!!!

I just wish bitcoinnect would die already.
It is so blatantly a ponzi scheme, and TONS of coverage showing how much of a scam shitcoin it is, and yet it lasted so long and even cracked the top 10 a couple times.
To me, it was a constant reminder on just how greedy, stupid, and depressing a lot of the "investors" of crypto have gotten.

Now, expect to see all kinds of volatililty as people try and get out, and also some try to artificially pump it and keep it going.

In that way, it's like bch.  BCH has no relevance, is just a useless copycat, but goes up and down like crazy cause people are desperate for it to be something it is not.

What would really make me happy, is if the market finally grew up and stopped pumping money into complete smoke and mirror projects.
Yeah, that would nice.
member
Activity: 854
Merit: 21
January 19, 2018, 04:51:32 PM
#42
Bitconnect just like a lot of ponzi schemes have made a lot of people richer than ever and left millions others in abject poverty.
In my country years 2016 & 2017 was really a year for ponzi schemes and I have learn my lessons, millions have been lost in the bid to make more and my honest advise is; stay away from lending platforms that promises monthly returns.
full member
Activity: 238
Merit: 108
January 19, 2018, 01:22:53 AM
#41
This is one reason why people must be really careful before putting any amount if investment especially in crypto since we all know it was not supported by the government so in this kind of situation I'm sure many will lose a big amount of money. Proper assessment must be establish and as much as possible do a lot of research before making investment because ponzi site are really making their best effort to earn from people here so better be wise
member
Activity: 182
Merit: 10
January 19, 2018, 01:21:08 AM
#40
Yes this is the best news ive ever heard this week,most of the new people are getting involved with these scams so its a good thing for all of us,another scam project was closed for good.
member
Activity: 462
Merit: 10
January 19, 2018, 01:14:10 AM
#39
Who ever invested in there investment plan will lose huge amount , is there are returning the investment @ current rate($ 30) or any other price .

and they have mentioned they will continue there ICO ,
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.

is this the best time to buy BCC and BitConnect X ICO token ?
hero member
Activity: 728
Merit: 500
January 19, 2018, 01:03:18 AM
#38
This is a shame after all, i feel so bad for all those who invested all their money in this shitty coin, anyway, they all knew that it was a huge ponzi scheme from the very beggining.
WOW, I looked earlier at it was down to 8, now it is up to 21..... you need to have your head examined if you are buying this after that news

And yes, it was dumped to $5, but it is now upto $28 each one of them.

I can not understand why there are a lot of people trying to speculate with this coin like if it was the Confido 2.0. It will only rise if the whales decide to pump it, nothing more than that.
member
Activity: 174
Merit: 10
Private Banking & Trading Platform: Wealth Managem
January 19, 2018, 12:46:11 AM
#37
Yes probably this is the end not only for bitconnect but also all the lending platform out there,you should stay away from these ponzi schemes.
newbie
Activity: 98
Merit: 0
January 19, 2018, 12:24:03 AM
#36
So luckily not involing in this trash coin
full member
Activity: 308
Merit: 110
January 19, 2018, 12:21:35 AM
#35
At least, Bitconnect Team will buy back BCC at 150$, this is not real buy back but you can able to switch to their new platform and keep BCC at high value.

Seems people love to be fucked, again, and again. They stole your money, cashed out and got rich because of greedy noobs. Now they offer to buy your shitcoin back half price (of course they can with the millions they stole), to open a new ponzi and start all over. And people are running again to give them what they still have left, claiming they are legit because they offer to compensate a little.

If they really do, get 150$ per BCC back, and estimate yourself lucky. And don't forget to tell others, so no one get robbed again.
sr. member
Activity: 308
Merit: 250
January 18, 2018, 10:29:07 PM
#34
Everyone saw this coming even the ones who put money into bitconnect saw this coming.
member
Activity: 448
Merit: 17
January 18, 2018, 10:26:54 PM
#33
this is the end of the ponzi project
profitable, but can not last longer than other projects
HODL will feel big loss
full member
Activity: 597
Merit: 147
January 18, 2018, 10:23:07 PM
#32
At least, Bitconnect Team will buy back BCC at 150$, this is not real buy back but you can able to switch to their new platform and keep BCC at high value.
member
Activity: 148
Merit: 10
January 18, 2018, 10:09:17 PM
#31
Well this is very what we expected to happen few months ago,the one ponzi scheme that is well crafted by its greedy founders,a ponzi scheme from the start ended a ponzi,most of the people invested in this scheme probably aware to what will happen from the time they joined,.
member
Activity: 65
Merit: 14
Read and comprehend. Evaluate and take action.
January 18, 2018, 09:42:26 PM
#30
Now the project is known as Bit-disconnect

LOL.  Good one hahaha.

UPDATE: Yesterday their exchange was "unavailable" and a lot of people thought all hope is lost. Reddit link: https://www.reddit.com/r/Bitconnect/comments/7qvi2h/cannot_exchange_bcc_for_btc_help/

Well today I am not sure what time the price for their BCC coin was updated on their website similar to one on coinmarketcap (~$34).  People were able to log into the exchange and exchange BCC to BTC and withdraw whatever it comes out to be, which is about 10x less than a few days ago. Also, there are ways to send that BCC coins to another exchange such as OCTOIN and exchange it there.
legendary
Activity: 2394
Merit: 5531
Self-proclaimed Genius
January 18, 2018, 01:02:30 AM
#29
Look how many of us foreseen this moment yet a lot of investors suffered from losing their wealth.
But it's pretty predictable, the road map and their whitepaper, they should have seen this coming.

few month ago i almost in out there. some of my friend lost their money.
Did you encouraged them to buy this past few months? Because that's....
member
Activity: 101
Merit: 16
January 18, 2018, 12:59:00 AM
#28
Now the project is known as Bit-disconnect. 
member
Activity: 182
Merit: 10
January 18, 2018, 12:55:48 AM
#27
Well thats very good news,that ponzi scheme has ended earlier than i expected,hope people that was victim of this scheme learned their lessons.
member
Activity: 420
Merit: 15
January 18, 2018, 12:44:49 AM
#26
few month ago i almost in out there. some of my friend lost their money.
sr. member
Activity: 630
Merit: 251
January 18, 2018, 12:23:08 AM
#25
I used to advise others to avoid this kind of project (using ponzi schemes), but my advice was not heard and even I was attacked by bitconnect lovers. Now the thing I fear so far has happened and I think this is the end of bitconnect.
full member
Activity: 319
Merit: 100
January 18, 2018, 12:22:49 AM
#24
Well I didn't expect they gonna go bankrupt, I was planning to join in few more days and I still collecting money to join but really surprised me when they post the notice to withdraw before they closed.
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