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Topic: Do you remember Bitconnect? I lost 3500 dollars in this pyramid! (Read 401 times)

brand new
Activity: 0
Merit: 0
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jr. member
Activity: 322
Merit: 1
I don't even wonna remember BCC.

I lost heavily in it, my office friends also lost in it.
But well...we have all moved on.
We've learn from our mistakes and will never happen again.

Lesson learnt that not all Gold glitters.
hero member
Activity: 1065
Merit: 510
Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
You are not the only one but most investors do lost up money on that pyramid scheme type of coin. People do being blinded by too good to be true returns which most of the time their greed do pushes them to purchase on. Earners? for sure there are people who do make money besides on the developer itself. For those investors who did able to get out earlier when the coin is being pumped out and on its ATH and do take profits and never invest back are the ones who do really took advantage.
member
Activity: 350
Merit: 10
Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
I condone it with you. I also have some friends who have invested in bitconnet with but the amount is greater than 10k a lot. They think this is a long-term investment channel. I tried to admonish them and sadly they did not care about my words. And when the bitconnet collapses, they are very bewildered and collapsed. It was a sad experience.
Bitconnect is the largest Ponzi project in the cryptocurrency market to date and I will not forget the final stages that Bitconnect has made many investors lose, which is a very bad feeling.
full member
Activity: 490
Merit: 106
Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
Everyone makes a mistake when trading or investing especially if you are just starting, which is bad but also a good thing to experience to learn from it and to avoid making mistakes like that again. I also made a lot of mistakes when I was just starting to trade/invest in cryptocurrency, wrong choice of coin, wrong timing, being too much greedy but I learned a lot from those so I don't regret that I made those mistakes. About Bitconnect, I never tried to invest on it even a lot of people are shilling it, saying that we can earn a lot of money from that cryptocurrency. But I just don't invest on something just because a lot of people saying that it is a good investment.
jr. member
Activity: 121
Merit: 2
Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
I condone it with you. I also have some friends who have invested in bitconnet with but the amount is greater than 10k a lot. They think this is a long-term investment channel. I tried to admonish them and sadly they did not care about my words. And when the bitconnet collapses, they are very bewildered and collapsed. It was a sad experience.
sr. member
Activity: 798
Merit: 268
Lending is always risky. When you bring your money to other people keeping is extremely adventurous. Let's draw the lesson yourself.
Yeah its too risky especially here in cryptoworld, a lot of greedy and people and trusting some project like this is quiet high at risk. We must not forget this situation so people can learn about this pyramiding scheme, always tell people to be careful when dealing around cryptomarket.
copper member
Activity: 381
Merit: 0
Yes, I do remember bitconnect. My friend did lose much to it even though he could have made gain. He reinvested and never got anything back.
newbie
Activity: 20
Merit: 0
I have also lost a lot of money to BCC but I have forgotten it. Common set of life and work.
legendary
Activity: 2576
Merit: 1043
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Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I wonder how many such fools like me?
I didn't invest in Bitconnect but I heard that this is a big big ponzi scheme from the start. This is a lending platform which gives % that is too good to be true but many fell for their trap. Maybe because they are good at marketing strategy and that makes bitconnect popular.

I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
At least now as an investor, you learned from your mistakes and now you learned that never invest in anything that is "TOO GOOD TO BE TRUE"

Are there people who have earned on this?
Many!!!!!
TREVON JAMES
CRYPTO NICK
CARLOS MATOS
RYAN HILDRETH
THOSE WHO KNOW THAT BITCONNECT IS A SCAM AND GO OUT EARLY BEFORE THE BIG SCAM HAPPENED.
hero member
Activity: 896
Merit: 514
LOL, pyramid schemes are always like that. There is one in my country, but I’m not going to mention, lots of people who dived into it lost lots of their money, there are some who lost millions. When it comes to such kind of business, I’m always careful, though I have never been involved in it.

But I’ve been close to people it affected and seen how it ruined their life. When you go in for the first time it seems like things are going better and with more courage and greed, you jump in with more huge amount money more then you can afford to lose, and then Bam! You lose the money. So always be careful with all these, even with Bitcoin itself, cause they are all risky.
newbie
Activity: 32
Merit: 0
I am surprised their website is still alive. How can someone trust them after all?
newbie
Activity: 50
Merit: 0
Lending is always risky. When you bring your money to other people keeping is extremely adventurous. Let's draw the lesson yourself.
legendary
Activity: 1526
Merit: 1179
I thought bitconnect was going to kick off tbh.
Kick off as in become successful? That's impossible with how insanely high their offered returns were.

Most platforms offering interest for your liquidity barely top a few % while BitConnect went over that with many orders of magnitude. No business can ever sustain that without a continuous income flow.

If people were a bit more cautious about what they do with their coins, they by now would be a whole lot wealthier, and that just by hodling. It's a simple but extremely effective way to increase your wealth.

People that lost due to BitConnect will take more risk with other investments in order to recover from their losses. People's problem is that they believe in the next time to be different because they learned from their mistake.

In reality only a few learned and stop with this garbage, the rest will keep making the same mistakes over and over again.
member
Activity: 155
Merit: 13
Arabic Translation. Pm me
I heard about this. I know about the scam too, it made me really wiery about trading but you have learnt a massive lesson.

I thought bitconnect was going to kick off tbh.
hero member
Activity: 1120
Merit: 554
I was shocked how large Bitconnect ended up becoming.  It only took my a few minutes of research to realize this was a ponzi scam.  It was an obvious scam to me, but I guess the allure of easy money attracted many new investors.  Even the wealthy ones get suckered into ponzi scams.  This incident reminds me of the Bernie Madoff scandal., sometimes people just don't want to hear the truth when there is a chance for big profits.
jr. member
Activity: 121
Merit: 2
Hi, let's remember bitconnect!
This was the most popular cryptocurrency pyramid, in which many lost their money. So, I'm one of them.
I was a fool and I believed that I could make a lot of money. In the end, I lost all my money.
I wonder how many such fools like me? Are there people who have earned on this?
I understand you. I lost a lot of money because of MLM. I entered this market for the profit it brings but what I get is just the numbers and it has no liquidity value.
I trusted and invested in HEX, GRX, EXA, ....
Lose hope. Get out of the market when possible. It can cost you all that.
member
Activity: 295
Merit: 54
This is one of the most obvious scheme I have encountered at first I'm tempted to buy but I just know from my research that its not worthy enough to buy this coin like last year when It reach ath and I'm very surprised from $0.1 to $450 in just 1 year its not normal to cryptocurrency to jump is such high value.   
legendary
Activity: 3248
Merit: 1179
Many people lost, many people believed in big returns and even bigger promises. If it sounds too good, most likely it's some kind of scam. I remember bitconnect, it rise a lot of dust around, but some people were talking how big scam that is and how that project will fail, that weren't one line comments and trolling, some prominent people from this community wrote about it with explanations and arguments, but people were drunk from huge promises and they didn't listen.
I think some people raised lawsuits against bitconnect, we will see what will happen with that. Until then be careful when you invest your money and time.
member
Activity: 963
Merit: 57
At least you acknowledge your mistake, there was a lot of evidence that Bitconnect is a scam, you did not make enough research about project. I made in past same mistake.
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