Topic: What do you think about Bitconnect? (Read 299 times)
I see a lot of people asking to join bitconnect, but I think that if they join it will only throw money and make for the person who invites him. until now I follow that person and no word about bitconnect
its a wellcrafted ponzi scheme,dont ever try to join if you dont want to lose a lot of money.
Of course it's a scam. ~94% of all the claimed trading is going on on their own private exchange. They can make up the all the numbers like price and volume as they want and nobody would know because trades are not on the blockchain, only deposits and withdraws are. Coinmarketcap lists any exchange as long as they have an API. That's it, that's all what they ask for so anyone can create their own exchange and send whatever nubmers they want to CMC and people will believe the numbers.
Once you realize this, there's really no point in investigating BCC any further.
Once you realize this, there's really no point in investigating BCC any further.
What is your take on Bitconnect?
Stay away from bitconnect, it's a total ponzi scheme. Still many are thinking that this is a good investment but they don't know that this has been become one of the biggest ponzi scheme in the entire crypto world. Don't push yourself to get some bitconnect. Better to get some legit investment or altcoins that are reliable and why go with bitconnect if there is bitcoin already? What is your take on Bitconnect?
Just a biggest ponzi ever. There are so many threads discussed the bitconnect. The bitconnect lending is worst service. How many people got scammed by this biggest ponzi scheme there is the only one exchange site that already traded a big volume of the bitconnect. and that's the bitconnect exchange site itself. There are so many accusation against the bitconnect and especially UK against the bitconnect too. 
What would you expect from them? Of crouse, everyone knows that they are a pyramid/ponzi scam but yet everyone still decides to invest in it, fuelling the bubble. In the end, all the people that still has an investment will get RIPed.
Hey...
Its a good way of investers in our busniess.
Build trust in bitcoin and cryptocurrency ecosystem with open source platform. Already in 142 countries. Cryptocurrency Trading.
Its a good way of investers in our busniess.
Build trust in bitcoin and cryptocurrency ecosystem with open source platform. Already in 142 countries. Cryptocurrency Trading.
To make an investment, users must first buy the Bitconnect "A crypto asset created on top of another blockchain" with Bitcoin via the exchange. Then you will be able to loan the token to the Bitconnect bot. It is important to note that the investment stake is locked away, and can’t be accessed for or anywhere between 120 and 299 days & Any interest earned is available to be immediately withdrawn.
Interestingly, referral codes come though the real moneymaker. Users with large followings (such as Cryptonick) earn a far greater return from this method. Hearing about this situation really raised the first questions in my mind. Is it a legitimate lending platform, or is it a modern Ponzi scheme? It all sounds too easy to make quick money.
Interestingly, referral codes come though the real moneymaker. Users with large followings (such as Cryptonick) earn a far greater return from this method. Hearing about this situation really raised the first questions in my mind. Is it a legitimate lending platform, or is it a modern Ponzi scheme? It all sounds too easy to make quick money.
Its simple way of fraud that give income for many scammers so be careful!
He is just full of mud and fraud because they are Ponzi. Don't even thinking about putting your hand and your money into that kind of Ponzi. Throw away that kind of thinking because that's really full of risk or you will cry at the end of the story.
its successfull lending platform as of now but still its ponzi scheme sooner or later they will still running away with all money of investor,lucky for those who invest early i know some people earn big money in bitconnect and i have lots of friends risking there money in bitconnect if you want to invest just take in mind theres a big risk just invest what you afford to lose
This ^^
I have some friends too at work that decided to put some money on BitConnect, they did the 100$ option just to be sure they wouldn't lose much if something went wrong. If you really feel like putting some money there you should put no more than 100$ imo.
its successfull lending platform as of now but still its ponzi scheme sooner or later they will still running away with all money of investor,lucky for those who invest early i know some people earn big money in bitconnect and i have lots of friends risking there money in bitconnect if you want to invest just take in mind theres a big risk just invest what you afford to lose
It is a big scam, and we all knew that from the beggining.
But i have a friend who is earning more than $150 a day with bitcoin, obviously that he was an early investor.
if i am not wrong, he invested more than $5000 on October, and he has already recovered his investment, and he is earning more than $150 a day and he has been withdrawing it everyday.
he knew that it was a ponzi since the beggining, but he made profit from it, because he was an early investor, it's very obvious..
But for the newbie's ones: Dont invest if you do not want to lose money in there, it can fall at any time.
But i have a friend who is earning more than $150 a day with bitcoin, obviously that he was an early investor.
if i am not wrong, he invested more than $5000 on October, and he has already recovered his investment, and he is earning more than $150 a day and he has been withdrawing it everyday.
he knew that it was a ponzi since the beggining, but he made profit from it, because he was an early investor, it's very obvious..
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What is your take on Bitconnect?
But for the newbie's ones: Dont invest if you do not want to lose money in there, it can fall at any time.
Bitconnect is a ponzi scheme. Case closed.
What is your take on Bitconnect?
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