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Topic: Why BitConnect will destroy crypto (Read 1635 times)

legendary
Activity: 3164
Merit: 1003
February 28, 2018, 07:16:52 AM
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***
copper member
Activity: 1330
Merit: 899
🖤😏
January 21, 2018, 01:56:46 PM
What if you invest on my activity tokens first to test a theory of mine? just for testing purposes, go and buy them on Waves DEX, you should have seen the asset identifier by now because I have hired 5000 beggars to slide it on their posts, I'm telling you to buy my activity tokens because they will have a value above $2000 in the near future, why don't you invest man?
Because you are waiting for another idiot to start investing and then you'd take part a.k.a  participating in a Ponzi scheme.

No place for a brown fox in crypto. loled you so.
full member
Activity: 532
Merit: 100
January 20, 2018, 10:56:34 PM
We know there are dozens out there that is also a scamcoin but Bitconnect is the most hyped, influential and obvious scamcoin in the cryptomarket. It just did not hit crypto but also destroy lives who invested large money on this.
sr. member
Activity: 686
Merit: 250
January 20, 2018, 10:26:35 PM
BitConnect has closed Lending and exchange! The value of the BCC has dropped by about 20 times (from ~ $ 380) to the current $ 19. The last investors are those who have lost money! Currently, Lending with high interest rates are very attractive but the risk is too great! Be cautious before joining.
full member
Activity: 214
Merit: 100
January 20, 2018, 09:53:16 PM
#99
I think you are wrong , every one who had googled bitconnect before investing would have seen all the warnings given beforehand . People told investors in bitconnect what was gonna happen and they still invested . Some people just want to believe to badly. So if you invested in bitconnect and lost money i'm sorry for you but it is kinda your own fault.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
January 20, 2018, 09:37:05 PM
#98
The collapse of one Ponzi scheme will not destroy cryptocurrencies. Just like the collapse of Ripple won't either. Both of them are corruptions of the original idea and their failure will only prove that centralized blockchains and pyramid schemes don't work.
newbie
Activity: 47
Merit: 0
January 20, 2018, 09:29:55 PM
#97
Everybody understands about bitconnect now, but have to say - even tether collapsing (and it will, i can bet any amount on it) will NOT destroy crypto by any means
newbie
Activity: 95
Merit: 0
January 20, 2018, 09:18:42 PM
#96
The future can not happen, as far as I know bitconnet has been closed just because of their bad publicity, but the scarcity of supply of market demand, with the help and support of the community and when This exchange starts to work then the bitconnet will be worth back in the market and you can keep your money in the wallet.
member
Activity: 154
Merit: 10
Sapien.Network-Beta Platform is Live
January 20, 2018, 09:01:56 PM
#95
Bitconnect is but one of the many cryptocurrencies. Bitconnect  for certain left a bad taste for cryptoworld especially to the lending platforms where its the most established. Nobody have seen it coming as it's one of those on top.  This event gives the lesson that nothing here is totally secure. It teaches us to analyze always investments and to diversify as well as to minimize losses such as this.
sr. member
Activity: 350
Merit: 250
January 20, 2018, 08:56:01 PM
#94
Yes you were right same thing happened which you talked around 3 months back and I was also aware of this is going to happen soon because it was hyped too much and people invested all the money they have in their by closed eyes and that happen what we were scared of they are gone now and people are crying now. But like before we have to move on and focus on crypto trading and holding it is the only things which are here for sure.
full member
Activity: 706
Merit: 111
January 20, 2018, 08:52:42 PM
#93
Bitconnect got destroyed by crypto  Grin Grin Grin Grin Grin Grin
member
Activity: 182
Merit: 10
Create Your Decentralized Life
January 20, 2018, 08:50:04 PM
#92
Most of the people knew about this from the start is just a scam,they lose a lot money because of their greed.
sr. member
Activity: 503
Merit: 286
January 20, 2018, 07:21:17 PM
#91
It's simple, when they pull the plug, this will be one of the most catastrophic and devestating Ponzi schemes the world has ever seen
Was pretty uneventful, huh?

Not really, many believe that it was related to the 30% drop in bitcoin that occurred a few days ago - that is a big deal.

And it was devastating to the people who invested in it - 90% lost, which is more than $2 billion USD gone overnight.
newbie
Activity: 44
Merit: 0
January 20, 2018, 04:39:24 PM
#90
I don't see any catastrophe ahead because since ICO stage, investors have been warned against the ponzi scheme crypto. I think its the choice of those that invested, I don't see it destroy crypto because its a ponzi scheme.
newbie
Activity: 110
Merit: 0
January 20, 2018, 02:32:05 PM
#89
What is the correlation of bitconnect with other cryptos and how will that affect them, bitconnect was never a good coin but just a ponzi scheme people that invented in it knows the risk before they did. I don't see its failure as a problem for crypto community.
hero member
Activity: 1358
Merit: 834
January 20, 2018, 11:53:31 AM
#88
It's simple, when they pull the plug, this will be one of the most catastrophic and devestating Ponzi schemes the world has ever seen
Was pretty uneventful, huh?
legendary
Activity: 1190
Merit: 1024
January 20, 2018, 11:52:33 AM
#87
It's simple, when they pull the plug, this will be one of the most catastrophic and devestating Ponzi schemes the world has ever seen

There is nothing to them that has the power to affect the whole system, really? There are so many out there that have not even heard of them. Just because you take notice of a site or service and decide to not trust them is between you and them and there is no reason for the rest of the crypto world to notice. There are so many of these things out there that everyone can find one for themselves to not trust, one each, that works.
full member
Activity: 235
Merit: 100
January 17, 2018, 08:09:31 PM
#86
It's simple, when they pull the plug, this will be one of the most catastrophic and devestating Ponzi schemes the world has ever seen

This is exactly what has happened, but why would it destroy crypto? It has only destroyed the investments of the people who has fallen into that trap. And taught them a lesson in the process.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
January 17, 2018, 06:40:20 PM
#85
The Bitconnect model is predicted to be over for a long time because the nature of this model is to take money from the last person to pay for the previous person follow MLM model. In this model, if someone is rich, there will be a poor person, which goes against the rules of the value of the cryptos. So that Bitconnect died because of the low exchange rate is also indispensable.
hero member
Activity: 2730
Merit: 632
January 17, 2018, 06:35:23 PM
#84
Bitconnect as i've read the news, closed down because of their 'bad publicity' . That's a good lesson for newbies like us not to trust easily in such like them. But i hereby disagree what your subject title said that bitconnect will destroy crypto. How is that? Will you ellaborate your point?
Sorry for your loss man i know you did put some serious amounts on that coin.That would really be a good lesson learned from those people who do easily fall out on investing because seeing on good returns and for those who did invest on peak prices for sure they do regret on what they have done.Price of bitconnect crashed down and it is already expected for this thing to happen.I dont know why he do mention on destroying crypto if bitconnect did failed.Its just one of the hundreds of coins exist on market and making effects isnt too big.
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