I just came across this.
So they ask you to buy their coin and then they offer you interest when you "park" your coins.
So you are exchanging BTC for Minex.
Then you promise to keep them off the market and receive 0.19% interest daily.
Now if you want to make any kind of money, you will obviously be needing thousands of coins.
There is no way you will be exit the market without encountering significant slippage.
The only people who are making bank are the early adopters.
Which I presume are mostly the minexcoin inner circle of shills.
And if I am not mistaken, now the son of the CEO is now launching a similar ICO and his own dad is the escrow?
And they are promising cards which are being issued by some mysterious bank?
this reminds me very much of some other project that I called out as being a massive scam way before all the other idiots caught on.
You all know how that went.
Seriously, WHAT THE FUCK?
We have converted all members fund in BitConnect wallet from Bitcoin balance to BitConnect coin balance.
The available balance shows now in BitConnect wallet is BitConnect Coin you hold rather Bitcoin used to show earlier.
To Lend in BitConnect lending platform, you require to have BitConnect Coin. Bitcoin will not get accepted for lending.So you effectively take all the BTC and replace it with your worthless coin.
This was a scam from the beginning....
Wonder what that twat Robelneo has to say now.
He was so busy shilling for you scammers.