Topic: Why BitConnect will destroy crypto - page 4. (Read 1635 times)
If you would have Bitcoin and didn't sell you got way more then this 40% they give you ..
BitConnect was more than just a coin for me it has a intresting cause three months ago the coin reached an all-time high price of $60. as claimed by dome but now it is: 1 BCC = 0.03709800 BTC (almost $227) for its rapid growth. The coin skyrocketed value by the start of June 2017. it is totaly ligit and probably is the best altcoin investement.
he is right this is all about money. İNVESTMENT HAVE TO BE PLANED. there is no investmnet LIFETIME . GET YOUR PROFIT AND GO MAKE ANOTHER ONVEST MENT.
IF THEY PAY THEY ARE NOT PONZI. when they wont all ponzı. things goes like this on MONEY bussinnes!!!
When there is risk there is opportunity, I remember hearing about bitcoin when it was dirt cheap but a lot of media experts saying shit about how it's a ponzi scheme. Which is why I didn't buy bitcoin, and then a friend of mine told me about bitcoin when it's 20 dollars each I still think it's a ponzi and then at some point it shot up to over 1000 dollars in a week. At that point I'm like fuck I should've invest a bit. Anyway this was a lesson, don't trust what you hear and see, you need to do the research yourself and then calculate the risks on what to invest. I think bitconnect is a ponzi and evenually will burn, but the question is when? And can you make money off it? The returns it give is crazy I will not advice people to go in but if you want to gamble and think of it like going to a casino then you might run off like a bandit with bitconnect. In the off chance that it's not a ponzi then that will be even better.
Right, back in the day when bitcoin first came out, did everyone invest in it? or did you think it was a scam. True there are many articles about bitconnect is a ponzi, but there are also a lot of people getting good pay from it. So until it actually shutdown, any opinions about it being a ponzi won't matter because it doesn't make people money. Like banks using your money to invest and then build more banks and what do you get in return? nothing is 100%, high risk high reward, only invest in what you can afford to lose.
BitConnect was more than just a coin for me it has a intresting cause three months ago the coin reached an all-time high price of $60. as claimed by dome but now it is: 1 BCC = 0.03709800 BTC (almost $227) for its rapid growth. The coin skyrocketed value by the start of June 2017. it is totaly ligit and probably is the best altcoin investement.
he is right this is all about money. İNVESTMENT HAVE TO BE PLANED. there is no investmnet LIFETIME . GET YOUR PROFIT AND GO MAKE ANOTHER ONVEST MENT.
IF THEY PAY THEY ARE NOT PONZI. when they wont all ponzı. things goes like this on MONEY bussinnes!!!
Bitcoin looks every element like a ponzi scheme. Super high returns with no sustainable business models. I won't touch it at all. However I believe many investors of crypto see that as well so the failure of such a coin will ruin its investors but not the whole market. Some bad publicity for the crypto overall probably.
the scam coin bitconnect not bitcoin may want to fix that 
BitConnect was more than just a coin for me it has a intresting cause three months ago the coin reached an all-time high price of $60. as claimed by dome but now it is: 1 BCC = 0.03709800 BTC (almost $227) for its rapid growth. The coin skyrocketed value by the start of June 2017. it is totaly ligit and probably is the best altcoin investement.
With these returns, the temptation is strong, but I am confused and suspicious about the lending as opposed to staking. If more information was available it would be easier not to label it a ponzi.
I agree with other commentators that if it does collapse cryptomarket overall will shrug it off. Too many other solid coins and utility being generated.
I agree with other commentators that if it does collapse cryptomarket overall will shrug it off. Too many other solid coins and utility being generated.
I don't think it will be a big deal if it collapses... it will get a lot of media headlines, which will push out some small investors who were thinking about getting into crypto, but the world will forget when bitcoin keeps pumping month after month. If anything, it would have a small short term impact on the overall crypto markets.
Of course BCC will put a huge dent into the cryptoscene once it collapses.
Its placed #9 by market cap. Do you know how many blogs and pages there are out there promoting the coins placed along top10 on coinmarketcap? If a top10 coin is a scam that is a huge deal.
We should all be furious at coinmarketcap for continuing to publish this coin and their "volumes", which are all fake and fabricated by the way. This is Mt Gox 2.0 and its only a matter of time before it collapses
Its placed #9 by market cap. Do you know how many blogs and pages there are out there promoting the coins placed along top10 on coinmarketcap? If a top10 coin is a scam that is a huge deal.
We should all be furious at coinmarketcap for continuing to publish this coin and their "volumes", which are all fake and fabricated by the way. This is Mt Gox 2.0 and its only a matter of time before it collapses
Hi Atomise. Would be nice if you could elaborate a little bit on the reasons why you think this way about bitconnect.
How to be sure it will or won't turn out to be another Madoff like scam?
I'm not sure how much time and money was dedicated to create the platform...give us more info please.
How to be sure it will or won't turn out to be another Madoff like scam?
I'm not sure how much time and money was dedicated to create the platform...give us more info please.
I share the same concern about expatiating on the reason why he thinks the bitconnect platform is a scam and irrespective of what they are doing over there, I don't think the effect will be massive as Op is potrying it because I don't see the popularity so high to that level to command panic in the community. Someone introduced it to me but I didn't believe in it so I didn't bother but I think the people involved are happy with what they are getting and if it turn out to be a scam, they will also.enjoy it as well.
Bitcoin looks every element like a ponzi scheme. Super high returns with no sustainable business models. I won't touch it at all. However I believe many investors of crypto see that as well so the failure of such a coin will ruin its investors but not the whole market. Some bad publicity for the crypto overall probably.
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
Who are they?
Somebody explain me, why thousands of smart(i hope so) people invest in such projects like BitConnect.It`s very easy to see, which exchanges they arem and conclude, that this is zero benefit. And other real perpective projects maybe couldn`t ricj their cap to make working product, cuz all money in such projects. It`s a pity 
I think this is mostly because of the "hype", good marketing and non smart approach to investments. These scam projects are really good marketed and people see them everywhere and they think that if a lot of people are talking about these projects, I need to invest. It will be successful and will bring me a huge benefit and enormous profit.. This is how such people think. And I agree with you, while they are investing in junk projects, really good and worthy ICO's are left without money.. This is the real life!
AFAIK, bitconnect has toned down their claims. I do not see evidence of a scam currently - it is a cryptocurrency like any other, one can stake their coins for a return in interest (which will be the case for ether as well), and if you lend it, there is the chance to get interest. If the currency has no value, then it will be reflected in the market.
What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
I don't know the dev team and why it has referral system, also little information about lending program. Also look ppl above me said about guaranteed return.What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
We know who is ethereum dev, so we need to know who are ppls behind bcc, especially because they say you can "invest" in bcc.
AFAIK, bitconnect has toned down their claims. I do not see evidence of a scam currently - it is a cryptocurrency like any other, one can stake their coins for a return in interest (which will be the case for ether as well), and if you lend it, there is the chance to get interest. If the currency has no value, then it will be reflected in the market.
What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
Anything or anyone promising you GUARANTEED returns is a scam.
That is my point. They have removed claims of guaranteed returns.
Yet, they are delivering high returns (40% profits per month) without giving information about their true source of profits, which is obviously not a legitimate business.
I'm sorry, but this is a scam. It has been, is and will always stay a scam.
Regards,
Trump
Somebody explain me, why thousands of smart(i hope so) people invest in such projects like BitConnect.It`s very easy to see, which exchanges they arem and conclude, that this is zero benefit. And other real perpective projects maybe couldn`t ricj their cap to make working product, cuz all money in such projects. It`s a pity
AFAIK, bitconnect has toned down their claims. I do not see evidence of a scam currently - it is a cryptocurrency like any other, one can stake their coins for a return in interest (which will be the case for ether as well), and if you lend it, there is the chance to get interest. If the currency has no value, then it will be reflected in the market.
What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
What are the arguments that it is a scam?
I agree that they made very dubious (to put it mildly) claims in the past.
Anything or anyone promising you GUARANTEED returns is a scam.
That is my point. They have removed claims of guaranteed returns.
A lot of people are getting into this knowing it is a ponzi scheme and trying to profit from people below them... so many malicious players on the market right now, i hope it crumbles above them. If BCC doesnt grow much further i don't see it having that big of an impact in the entire market, we just need to stop it from attracting newbies who don't know its a scam.
Bitconnect destroying crypto? I don't think so. The only coin which can destroy crypto is bitcoin and that will never happen according to me. Bitconnect has proven itself as a system worth trusting for now and you spreading FUD won't change that fact.
only the BCC investors are going to loose their money when this pyramd will collapse!
the coin have no use cases and shady team and they are going into jail quickly!
the coin have no use cases and shady team and they are going into jail quickly!
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