Topic: The end of BitConnect - page 2. (Read 738 times)
Unfortunately Bitconnect has made a lot of users until now which are potential victims when such event happens as I believe it will happen. A lot of marketing for this system, from massive Youtube videos to lots and lots of facebook pages and sponsorship still continues. I see this popping up in my facebook account very open from a sponsored page. We cannot do much except warn people here but usually people here don't care about warnings as we have seen with many other ponzies before. I believe bitconnect is a big scam.
it's clearly a ponzi that will die soon enough but bitconnect expiring won't have any effect on the rest of the market.
what volume there is takes place on their own exchange that they have control over. there's a little bit of volume elsewhere on exchanges no one's ever heard of.
it's a separate little 'market' that'll go down the toilet on its own. no one else will care.
the only conceivable effect is that the people operating it will have a huge amount of bitcoin but it's not as if they'll insta dump and one player no longer has an effect.
what volume there is takes place on their own exchange that they have control over. there's a little bit of volume elsewhere on exchanges no one's ever heard of.
it's a separate little 'market' that'll go down the toilet on its own. no one else will care.
the only conceivable effect is that the people operating it will have a huge amount of bitcoin but it's not as if they'll insta dump and one player no longer has an effect.
Not sure if it is the end but Bitconnect have a dump in BTC amount but it can be gidden due to the BTC price increase: https://coinmarketcap.com/currencies/bitconnect/
The scam is obvious. The question is when it blow up.
The scam is obvious. The question is when it blow up.
I agree it looks like a ponzi scheme - I wouldn't go near it.
Hi I am new and I wanted to share my thoughts about this auto trading system called BitConnect.
I believe that it is about to be shutdown and a catastropic event may occur to the Bitcoin economy.
Please check out my article and let me know your thoughts. Thank you.
http://howtoinvestinbitcoins.blogspot.com/2017/11/bitconnect-ponzi-scheme-is-about-to.html
I believe that it is about to be shutdown and a catastropic event may occur to the Bitcoin economy.
Please check out my article and let me know your thoughts. Thank you.
http://howtoinvestinbitcoins.blogspot.com/2017/11/bitconnect-ponzi-scheme-is-about-to.html
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