Do you remember Bitconnect? I lost 3500 dollars in this pyramid! - page 2.

Slow death

legendary

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Quote from: harastvo on June 17, 2018, 07:46:16 AM

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.

were many people who lost money in this ponzi scheme, was something like the trafficmonson where many people lost a lot of money

Quote from: harastvo on June 17, 2018, 07:46:16 AM

I wonder how many such fools like me?

Dude, you should not call yourself an idiot, unfortunately in this world there are very evil people, people who just want to cheat and steal money from other people. These people who cheat other people and steal money from other people is who should be called idiots

Quote from: harastvo on June 17, 2018, 07:46:16 AM

Are there people who have earned on this?

Of course there are many people who have made a lot of profit with this ponzi scheme, as the scheme says: "ponzi scheme" the first investors are the lucky ones and those who are more likely make a lot of money

RamonBTC

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Accepting one mistake is hard to do but it is the only way to move on and learned from the past. I know someone who lost money because of this Bitconnect scam or scheme without my knowledge, he is new one in crypto not even a year and I can’t imagine how he sufffer from that. Depression even change him from a cool one to a doubtful man to anyone. He even stop now on investing.

I’m sad that he secretly done this move on his own, but I understand now why. I don’t have money for it.

Good for me I have read this https://techcrunch.com/2018/01/16/bitconnect-which-has-been-accused-of-running-a-ponzi-scheme-shuts-down/?guccounter=1

hugeblack

legendary

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In the past, it was difficult to detect scam ICOs/projects "only after it happened" because scammers make an effort to convince people of their project idea.
BitConnect taught us how open source projects trusted without even reading the program code.
Now, it's easy to detect scam "scammers became lazy because of the stupidity of investors," but there's a lot to invest without even checking a simple Google search.

sunsilk

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Quote from: allthebitandbobs on June 19, 2018, 03:23:04 PM

Quote

This scam should be forgotten forever.

Noway bro those who forget the past will repeat it.Also who can forget BITCONECCCCCCCCCCCTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTT

Haha bro I forgot about that, hey hey hey... hey hey heyyyyy.

Waza waza waza waza waza upppp.

You made my night bro.

But this should be forgotten by the victims but if you want some memes there's a lot of videos on youtube with remix just for fun purposes.

shield132

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Quote from: harastvo on June 17, 2018, 07:46:16 AM

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?

Why to remember old bad days?
This is wonderful forum, you don't have to come here after your sad stories, you have to come before them. The reason why I say this is because Bitconnect was proven scam here and their account was tagged very early. Can say the same about some exchangers and gambling websites.
I don't know someone who earned from bitconnect because most of them invested in last months.

LadyK

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Quote from: harastvo on June 17, 2018, 07:46:16 AM

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'm very lucky that I can't participate in bitconnect. I was very busy with ICO, so i have enough money to buy them.

allthebitandbobs

sr. member

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Quote

This scam should be forgotten forever.

Noway bro those who forget the past will repeat it.Also who can forget BITCONECCCCCCCCCCCTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT TTTTTTTTTTT

sunsilk

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Quote from: Potato Chips on June 18, 2018, 07:31:04 AM

Quote from: sunsilk on June 17, 2018, 03:20:26 PM

Quote from: harastvo on June 17, 2018, 07:46:16 AM

Hi, let's remember bitconnect!

This scam should be forgotten forever.

Why though? To say the least, it's a perfect example of a not-to-follow-if-you-don't-wanna-be-the-next-fool, which should remind people

The victims were feeling bad about their wrong move of investing to bitconnect and that's what I'm saying that it should be forgotten forever.

You have the point that it's a great example to stay away from the same schemes if there will be some the same crypto that will come out in the future.

Anyway, bitconnect is completely dead but by checking it's market cap it still has a rough $4M cap.

kevoh

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Quote from: Potato Chips on June 18, 2018, 07:31:04 AM

Quote from: kevoh on June 17, 2018, 10:29:32 AM

I remember Trevon James. One of the popular bitconnect shills on Youtube. His videos were convincing enough to get most of his subscribers (and Steemit folllowers) to buy into the bitconnect scam.

Welp. It's quite easy to convince greedy and desperate people especially when you're willing to do sacrifices (e.g. yer identity etc..)

Anyhow, There's a lawsuit filed against that guy right? along with other shillers

Yeah there was. It was filed in the state of Florida. A copy of the lawsuit was available online. I got the picture below from a steemit user calaber24p

However, I don't seem to know how the case ended but I'm guessing he would have been hit with only a heavy fine.

Potato Chips

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Quote from: kevoh on June 17, 2018, 10:29:32 AM

I remember Trevon James. One of the popular bitconnect shills on Youtube. His videos were convincing enough to get most of his subscribers (and Steemit folllowers) to buy into the bitconnect scam.

Welp. It's quite easy to convince greedy and desperate people especially when you're willing to do sacrifices (e.g. yer identity etc..)

Anyhow, There's a lawsuit filed against that guy right? along with other shillers

Quote from: Jarixx on June 17, 2018, 01:12:49 PM

A lot of people lost their investment, but some of them earned money, even with this scam.

Majority of those people are parasites anyway, benefiting by dragging someone else.

Quote from: sunsilk on June 17, 2018, 03:20:26 PM

Quote from: harastvo on June 17, 2018, 07:46:16 AM

Hi, let's remember bitconnect!

This scam should be forgotten forever.

Why though? To say the least, it's a perfect example of a not-to-follow-if-you-don't-wanna-be-the-next-fool, which should remind people

carter34

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I almost invested but was lucky I had no money then. I have learnt already not to go with pyramid kind of business because they are like ponzi, they keep enriching the first comers.

nniecan001

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Just keep away to those kind of scheme, hoping that each and everyone learn about those kind of scam pyramid for good. Thanks for sharing some information on this thread.

Tory-Tory

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Pyramid schemes don't last long. I have a lot of friends involved in such projects for 50 to 100 dollars, waiting for x5-x15 and bring money. Of the 10 projects, say 1-2 projects bring such a profit. I don't like such companies. All of them sooner or later are closed, a matter of time.

sunsilk

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Quote from: harastvo on June 17, 2018, 07:46:16 AM

Hi, let's remember bitconnect!

This scam should be forgotten forever.

Quote from: harastvo on June 17, 2018, 07:46:16 AM

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 admire your admission that you became a victim of it and you have been deceived by their scheme which made you think that it will make you rich easy and quick.

Quote from: harastvo on June 17, 2018, 07:46:16 AM

I wonder how many such fools like me? Are there people who have earned on this?

Carlos Matos definitely earned with this scam and the developers itself.

I didn't invested on it and thanks to the people who busted them all over the net and gave warning about it.

But too sad to think on how many people got deceived by them, more than thousands.

Jarixx

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A lot of people lost their investment, but some of them earned money, even with this scam.
Some people pulled out their investment in time and earnings too.

kevoh

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I remember Trevon James. One of the popular bitconnect shills on Youtube. His videos were convincing enough to get most of his subscribers (and Steemit folllowers) to buy into the bitconnect scam.

AngelSky

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Quote from: harastvo on June 17, 2018, 07:46:16 AM

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?

Once this coin was around 100 USD and more even saw their promotion work for more than 1 year in 2k17 especially. If you want to invest you should be careful that you are not invested on the shit projects bro.
Wait for sometime till this year end if bumped enjoy with it.

A7373

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And what? I don’t know that 30% per month is the specific of pyramid? Who know the rules , that one can make money in such projects. Grin

FreeOxen

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Yes it is good to learn from your mistakes otherwise you will keep making the same mistakes...
Yeah best thing to do is avoid pyramid schemes in general - they've been around for years - just they come in different forms and shapes. Ultimately if something sounds too good to be true, it usually is.

1Referee

legendary

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Merit: 1427

Quote from: harastvo on June 17, 2018, 07:46:16 AM

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, it's good that you acknowledge your mistake. I hope that you at least learned from it and never ever dive into similar schemes again.

Quote from: harastvo on June 17, 2018, 07:46:16 AM

I wonder how many such fools like me?

Plenty of thousands.

Quote from: harastvo on June 17, 2018, 07:46:16 AM

Are there people who have earned on this?

YouTube shills mostly and the sick minds behind BitConnect. It's not for nothing that the YouTube shills in the end deleted most (if not all) of their content to prevent complaints, legal cases, etc. They were promoting something from which they know it was very likely a scheme, and that with their face on internet. They literally sold their sould to the devil, and as always, nothing good comes out of such practices.

Some people could have recouped at least a certain part of their investment, but they were stupid enough to reinvest. Just as with cloud mining, never reinvest 'earnings' since it will force you to start earning from scratch again.

Topic: Do you remember Bitconnect? I lost 3500 dollars in this pyramid! - page 2. (Read 401 times)