just like any other ponzi scheme investment
they are promised a huge profit if they get a new member (referral)
that's bullshit
Topic: Why did people get involved in bitconnect? - page 10. (Read 2661 times)
People get involved in bitconnect because people are Greedy and hungry for money and they want to earn money that is easy to get and faster, and become rich, people are very easily brainwashed, they do not analyze the money invested in bitconnect can be just wasted.
Greed is the enemy of humanity
Not only those investors who got involved in bitconnect are greedy. The way did bitconnect advertised was encouraging and the most target of it are those people who are gullible with very few words. And if you guys watched on how Carlos Matos act on one of the marketing video of bitconnect, investors who lacked of knowledge on it are baited.People who are not knowledgable in cryptocurrency world are prone to be scam with this Bitconnect scam. This is like printing money without having to deal with dirty paper or ink. If there is someone convince you to join bitconnect please take advantage of the open source blockchain to check out Bitconnect.
Greed is the enemy of humanity
Not only those investors who got involved in bitconnect are greedy. The way did bitconnect advertised was encouraging and the most target of it are those people who are gullible with very few words. And if you guys watched on how Carlos Matos act on one of the marketing video of bitconnect, investors who lacked of knowledge on it are baited.
What I see is people wanted to have a huge return in a very quick period of time. Therefore, people jump into the opportunity. Have some few relatives went into this because of the return they saw from others. Then suddenly, the market crash and most of the new investor suffers.
They want the easy money plus bitconnect advertised usually by close friends or someone they know who has already invested. With word for advertisement they pass references and where people are humiliated.
Greed is the enemy of humanity and when we can`t control it the consequences can become fatal, so I guess the greed made people to avoid all the warnings and fall for this kind of scams.
people believe that there is an easy money in market by seeing just a few getting rich, the ponzi schemes like bitconnect have been around and so many times even before the crypto, I witnessed it with my own eyes but people are greedy and when you promise them to earn just by doing nothing they fall for it.
People got involved with bitconnect because of the juicy returns promised by the scheme and truly they kept to this promise to raise people's hope and lure them into the scheme. So many similar lending platforms still duped so many people even after the exit of bit connect. It is a trend that may not change till we have a perfect system.
Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
Alot of people doesn't look at the potentials of a coin as long as its increasing they are OK and will jump all in. There are other projects that are still in exchange rite now and are worse than bitconnect people are still buying cos it gives them huge profit. I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
Because some people want to become rich without working and taking a risk. However, these ponzi schemes are much riskier and always take greed people's money.
I feel people got involved to make a quick gain out of it, thereby luring more and more people into it. Was skeptical though as I saw how much people were into it with aggressive marketing.
Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
simply reason why people get envolved in bitconnect even have many accusation that bitconnect are scams but people try to invest and join in bitconnect because they want earn fast people joining in bitconnect is gamble big big big possible to lose their investment.
Because they're thinking about easy money and didn't think about the business itself as Ponzi scheme.
Because there wil be always people that need cheap or free money without doing their own research.
Just imagine what gains have made the team of Bitconnect if they would continue their game.
Just imagine what gains have made the team of Bitconnect if they would continue their game.
This is simple because getting rich is the dream of most people who invest in the crypto market and these scam projects have the power to trick investors with easy profits
People were involved because they wanted easy money. Many thought that they pyramid is not over and they will have time to grab a piece. If there is an opportunity to earn easily any Scam does not seem so dangerous.
It is obvious that the majority of people who have been involved in such unsustainable and obviously fraudulent business schemes have been guided solely and exclusively by their incomprehensible desire to obtain large profits in an easy and fast way, because anyone with a bit of common sense can realize the limit between the possible and the desirable, and that is why many times those who face the great losses that these businesses entail, tend to deserve their failure.
That is why we must always have a clear mind regarding the promises that are usually offered in this type of pyramid schemes, in this way, when we opt for realistic goals in our investment plans, we will avoid falling into the hands of the scammers that today are so plentiful in the crypto-universe.
That is why we must always have a clear mind regarding the promises that are usually offered in this type of pyramid schemes, in this way, when we opt for realistic goals in our investment plans, we will avoid falling into the hands of the scammers that today are so plentiful in the crypto-universe.
Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
I think deception in marketing is one of the contributing factors why people invest here, they were promised a huge dividend just by lending them their Bitconnectcoin, some of the early investors are posting earning and payout stats, that is why many investors are lured to this scheme.
People are blinded by greed. Getting involved in Bitconnect allowed them to dream to become rich quickly. The dream was a stronger attractor than a reality check. In such conditions, people would become deaf and blind if that's necessary to protect their dreams and illusions.
Jump to: