Topic: I'm surprised no one is copying Bitconnect yet ✍ ☕ ⌛ (Read 2158 times)

It looks like their ponzi schemes are crashing down, maybe that's why they are creating new coins with lending programs to take new money in to pay out to previous investors.

Most coins that offer lending platforms need to create a different use for their coin and not just a lending platform.

Is CryptoKitties a good way for people to hold the Ethereum coins?

Anyone have any other ideas on how to get people to hold the coin?

I'm sure they'll be other alt coins coming out in the future.
They will most likely create their own lending platform to force users to hold their alt coin.

I have a feeling that in the future, all alt coins will implement a lending program on their website.
This is probably a great strategy that they can keep the value of their alt coin up.

Unless, they've figure out another way to force people to hold their alt coin.

Most alt coins failed that's because everyone is selling them.

I've noticed a new trend emerged.
The alt coins starting to create their own lending platform similar to Bitconnect.
They are using this strategy to keep the value of their coin higher.

Here's are a few examples:

POStoken have their own lending platform similar to Bitconnect.
Doge coin could create their own lending platform similar to Bitconnect.
Dash coin could create their own lending platform similar to Bitconnect.

The lending platform is the only way any alt coins will be able to force people to hold the coin.

There are over 1,000+ alt coins. They all failed because they did not clone the Bitconnect's lending model.

Don't think so, somehow it may work but not for now.

Cryptokitties is kinda bad as a Store of value for Ethereum token

Guess by holding Ethereum itself make more sense

Bought 11ETH worth of Cats and now am stuck with it

This thread is from August. Since this posts, hundred of coins copying Bitconnect program like Hextra, Unix ...

I do not interested with Bitconnect its ponzi site. All ponzi site will end up with some other ponzi sites. i'm not recommend who want to investing their money there too risky.

Well who the hell will copy that well crafted ponzi scheme? no one because its an obvious shitcoin.

Maybe beacause they have a good security taht can never be imitated yet.

Don't worry, not only someone will, but at some point there will be soooo many Ponzis around that you will have problems is seing the good projects among them

The only one trying to copy them is ethconnect but being handled by worst team i have ever seen no response from them bad tech..

EthConnect is expected to open soon.  https://ethconnect.com/

Most people fail to realize that BitConnect is an altcoin which is mineable.  It is just like any other cryptocurrency variant but with other avenues to make money.  You can make money in 4 different ways off BitConnect but everyone is so preoccupied and skeptical of the lending aspect. 

Everything in the Bitcoin world is DECENTRALIZED but people keep looking for that one figure or one entity to be responsible.  People who don't understand things try to implement old ways of thinking to the Bitcoin world and call everything a scam.  BitConnect is a socialized community regulated by itself in the cryptoworld just like Bitcoin.  Anybody can argue that Bitcoin and every other cryptocurrency is a fraud because it is not backed by any government as a true fiat.  They may call it an alternative digital currency or property or commodity but it is not the same as tangible fiat backed by the government.

Remember, understanding what decentralization means is important because a lot of people still don't understand it. They are still brainwashed to think like centralist.  We already saw what China and other countries did to Bitcoin but because it was decentralized, it just shrugged it off and investors adapted easily by shifting resources to more favorable countries that were more acceptant of it.

there is a lot of bitconnect copy cat for now,
but people don't know what they do by promoting all these ponzi,
the just make cryptocurrency become similiar wilth ponzi
maybe this is all about money, not less and not more

Why would you copy a concept with a business model who is (IMHO) not viable in the long term.
Read what people say about it and then you'll understand that something is not quite right about it.

I have a coin, selling it in ICO and then implement a backdoor into POW algorithm to mine everything for myself, anyone trying to mine it will get zero reward, pools? > I control. exchange? > I control. marketcap? > again I'm selling and buying it by my self > I control.
And I'm surprised why no one has cloned my business strategy yet?

Pretty sure there are a lot of teams building platforms based around the same concept of Bitconnect, e.g. Ethconnect