Remember Ethconnect? - page 2. | Bitcointalksearch.org

Ever-young

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Quote from: Filmmmakerr on July 04, 2024, 10:14:19 PM

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back Cry

So, whenever you feel bad. Remember, it could be worse.

That's a large amount of money to be lost in the Ponzi scheme. I don't know how much the US value was at that time, but with the current price, it's worth a fortune.

My question is, were the people who got affected by this scam unaware that it was a Ponzi scheme, or did they know and wanted to take advantage of the Ponzi by trying to make profit from it through their high reward system, and in the process, the system crashed on them?

JeffBrad12

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Quote from: Filmmmakerr on July 04, 2024, 10:14:19 PM

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back Cry

So, whenever you feel bad. Remember, it could be worse.

Yeah i remember that too, ETH connect being created after bitconnect which has been getting so popular in the past with billions marketcap. Lucky me, i was not that stupid in sending a bunch of money to them, and i remember my folks were losing a lot of money from participating on bitconnect and ethconnect.

Anything related to the connect token had been so popular in the past, but you were very very wrong to send your BNB to the eth connect.

You are now becoming a new millionaires if you were not doing that.

salad daging

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Ethconnect's scam scheme at the time, I don't think you were the only victim but many investors were affected by this fraudulent scheme until they lost everything from the assets they owned.

During those 5 years you never got up, buddy? It's a shame when there are many moments that happen in the market for several years, I know this is your sadness of losing 3000 BNB, if you continue to think about it you will continue to be stressed.

passwordnow

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Quote from: Filmmmakerr on July 04, 2024, 10:14:19 PM

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back Cry

I remember that scam and that's a lot of BNB's that you've lost to it. If you haven't lost that, say that you held those BNBs until it has reached $700 then that approximately around $3.5M. You're already rich by now. But unfortunately, you've been a victim of it as you've said, I'm sorry about that terrible experience.

Quote from: Filmmmakerr on July 04, 2024, 10:14:19 PM

So, whenever you feel bad. Remember, it could be worse.

I agree. Not just with your story but there are also other stories to hear on how their investments went and how they have failed with their decisions in the past. If they haven't committed those mistakes, they probably have done something new or they're already rich.

yazher

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Yes! I remember it and at that time there were lots of successful ICOs and stories of successful investments as well that's why when it gets to the top, people blindly follow others to invest in it without even realizing the possible consequences of their actions because the platform promises them good to be true return of investment which we all know a red flag no matter what is it.

But as you can see, we have the same fate concerning losses even though I haven't invested in such a project, I also fell into a trap with some other investors where we thought we finally found a good project and decided to poor decent amount of crypto to but the same has happened because there were no improvement and until now, the price of their coins hasn't been increasing for years now.

Tipstar

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It was the largest scam disguised as a cryptocurrency. AFAIR they used to give high staking reward and the prices kept on rising. They were so popular and so much in demand that they stayed in top 5 crypto by market cap in coinmarketcap. They got into legal troubles and when the price started falling and never recovered. They'd have been a successful memecoin if present at current time but they promised being something they were not and hence got in trouble. The growth was so inflated that the bubble was going to burst one day or other.

culuuton

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Pyramid - Ponzi Scheme, remember Ethconnect and remember Bitconnect (one of the largest cryptocurrency scams). There are still lingering sadness after many years.

coin-investor

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Quote from: Filmmmakerr on July 04, 2024, 10:14:19 PM

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back Cry

So, whenever you feel bad. Remember, it could be worse.

I remember it as a lending platform. Many newbies are not aware of Ethconnect because they launched their ICO back in 2017, when many good projects launched their projects through ICOs, as did these scam ICOs.

That 3000 is huge if you hodl until now if I'm not mistaken BNB was at $1.94 back then, so you've lost more or less $6000, it's traumatizing really but we have all a share of losses because that was the time the industry was diluted with fake projects. There were good projects but so were bad projects whose intention is to scam.

For those who are not aware of Ethconnect here is an article about the project.
ETHConnect ICO Review, 100% Scam

Filmmmakerr

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Hello. Bye.

I havent posted in over 5 years. Why? I lost 3000 BNB to that scam.

Traumatizing. I' havent even made 1/100th of that back Cry

So, whenever you feel bad. Remember, it could be worse.

Topic: Remember Ethconnect? - page 2. (Read 330 times)