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Topic: [SCAM]BitConnect is shutting down its lending and exchange platform (Read 479 times)

newbie
Activity: 182
Merit: 0
Change your bitconnect coin tokens on a promising new project ponzitust.com at a price 20% higher coinmarketcap. Write here or mail me [email protected]
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
The lawsuits have now started.

According to the following thread, Trevoe James and Craig Grant have been summoned to appear in court by American prosecutors:

https://www.reddit.com/r/CryptoMarkets/comments/81mg7m/bitconnect_lawsuit_has_begun_craig_granttrevon/

legendary
Activity: 3164
Merit: 1003
Update:
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
Follow the instructions in the following article:

http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26
***SCAM AGAIN***
full member
Activity: 265
Merit: 100
This project originally looked like a scam. That is, buy and sell immediately on take-off. But it seems that this is so fraudulent that they did not give anyone any money except developers. It did not look like a project in which to invest money. It was a completely dirty game.
newbie
Activity: 19
Merit: 0
It was a huge blow for investors
member
Activity: 68
Merit: 10
Finally this has happened! It´s a shame that these kinds of platforms exists. They do big harm to the whole cryptocommunity and making those falses promises to the people are one of the main reasons we are in a bubble state. I don´t fear a bubble popping at all anymore, it will just wash away these scams and shitcoins and will make the market more serious and reliable. Sorry for those that invested because they trusted a relative or a friend though but really happy for those that knew what Bitconnect really is and still intentionally invested and hopefully got burned really hard.
jr. member
Activity: 75
Merit: 1
Keep going. This will happen again :)
and the price of this coin is going up again. unbelievable!

It is all manipulation the market. You can put sell order with high rates in the market and then put the buy order with higher one, and then the token will go up in seconds
full member
Activity: 420
Merit: 100
Yes, it seems that this is the end of the story . But for many an unhappy ending . Sorry for the people who invested their money in this project
legendary
Activity: 1498
Merit: 1117
and the price of this coin is going up again. unbelievable!
sr. member
Activity: 686
Merit: 250
It's sad how many projects are intentional scam and also how naive people can be. Often they are just after profit, greed gets over common sense and at the end they end up as scam victims.
Always do the due dilligence.

Where did those people think all that money was coming from, all it needed was a btc correction to stop the whole scam.
legendary
Activity: 2506
Merit: 1010
It's sad how many projects are intentional scam and also how naive people can be. Often they are just after profit, greed gets over common sense and at the end they end up as scam victims.
Always do the due dilligence.
full member
Activity: 791
Merit: 139
Finally, we will see some Scam project go from top20 to ZERO in less them one week. This is great for the cryptocurrency and to anyone that believes in a new economic system. We need that more scam projects fail.

Feel so sad to those people who invested in this bitconnect lending, many of my friends join this lending system and i feel sorry for them for their loss!
warned them before that once bitconnect get an issue and there's no investor to come this project will go down and run away, i hope bitconnectx or some sort of their company will still be on to solve the problem and at least give back the money to those people!
jr. member
Activity: 75
Merit: 1
Keep going. This will happen again :)
Instead of investing in lending companies, you can go and invest your money into some project for investment platforms. Take a look at Savior Investments (SAVI) and you will see you will earn a realistic profit with investing your money and not lending it in some Ponzi one.
full member
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
From 500 USD to 45 USD in less than a week. Smiley

I bought some of BitConnect coins a cheap as $7 and now I'm gonna decide whether sell them or hold little longer because I do have really good profit because I'm a very lucky investor yesterday due to the sudden drop from $400 down to $7 and after a day it gone up back to $80 as of this writing.
full member
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
I don't think when BitConnect is shutting down their Lending role does mean it's coin value will become nothing.
I'm one of the luckiest guy who have a best chance that I bought 60 BitConnect coins while on its cheapest state a cheap as $7 last 24 hours and now it pumped back into $80 so what you guys think of my investment? Do I need to sell it off and wait for another dip?
member
Activity: 196
Merit: 15
From 500 USD to 45 USD in less than a week. Smiley

hero member
Activity: 770
Merit: 505
We all knew it from the start that Bitconnect lending and exchange platform will shutdown/disappear soon because it is a ponzi scheme with its referral system and unbelievably interest and daily bonus. It is just that there are still some people that believe that it is best time to buy Bitconnect while the price dropped 87%, believing that it will recover soon when the cryptocurrency market recovers. Now the developer of this project have this new ICO for their Bitconnectx trading platform that is really over priced, and people are still buying it.

Bit(dis)connect is/was a pure ponzi scheme and dangerous for new investors into this coin, I saw in coinmarket cap that the price of bitconnect has changed and crashed dramatically which causes a huge panic into the whole crypto world by making all of the coins (except few) all red, and at this phase we should be very clever and not sell our coins because banks and rich people are buying and as we see today the price has been increased a bit and most of the coins in the page one in marketcap are green.
newbie
Activity: 13
Merit: 0
There were lot of famous crypto youtubers pumped bitconnect. Companies like bitconnect cannot exist if crypto is going to thrive. Ponzi schemes always disappear after crash. Sympathy for people who lost money.
Hopefully the authorities go after all of those YouTubers who were promoting Bitconnect.
full member
Activity: 199
Merit: 100
There were lot of famous crypto youtubers pumped bitconnect. Companies like bitconnect cannot exist if crypto is going to thrive. Ponzi schemes always disappear after crash. Sympathy for people who lost money.
newbie
Activity: 70
Merit: 0
It's shit like this that causes people to stereotype and put crypto in a negative light, saying they're all ponzi schemes
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