Why did people get involved in bitconnect? - page 2.

Johnzky

member

Activity: 616

Merit: 30

Quote from: BrewMaster on March 12, 2018, 10:20:58 AM

maybe the same reason why they get involved with a whole lot of other shady stuff, the greed!
it actually seems to be a strong driving force in the cryptocurrency market. people even buy bitcoin out of greed, they want to get rich overnight, and don't get me started on altcoins and their pump and dumps.
so the same thing is true about bitconnect and all the similar projects. people get involved with them because they think they can make money, they sometimes even close their eyes on facts because all they see is money!

Absolutely Greed is the main reason why people still become victimized by bitconnect scheming imagine how huge the promised profit with a small amount of investing?

And besides i believe this scamming becomes an eye opener for all the investors and prospective investors to always seek for good profiteering in this riskier market.so be aware and be observant

xbossJ

jr. member

Activity: 278

Merit: 5

Invest and play

I got involved in a ponzi scheme because of the interest (ROI) it promised within a short period of time! What needed to be satisfied was my greed apitite! Yes, Mine isn't different from why people had to get themselves involved in "Bitconnect" the quest to make quick money effortlessly within a short time is what drives people into things like Bitconnect!!! Ponzis. Until My first ponzi experience I thought I was the only one who couldn't stand the fact of being broke and needed fast ways of making it big! When I realized people could part with milllions of dollars for 30%, 50% ROI in 14, 30, and 132 days, I knew I was joking all along.

RockerNun

newbie

Activity: 14

Merit: 0

Now it's just a name and very sad, hopefully for other currencies unlike bitconnect. Because bitconnect is very profitable and promises in the future for profit. Most of them buy without doing the research first, lack the knowledge and information necessary so they can make the right decision and choice, most people just listen and follow and all of them We know the results. In my opinion, people are investing in BitConnect, because they want to get rich in a day, but when the project puts too many results to come true, it becomes fraud. People have been involved in bitconnect because of their greed to get rich quick investment.

jcarlo

member

Activity: 798

Merit: 10

Quote from: squatz1 on March 12, 2018, 09:55:11 AM

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?

Maybe its because greedy from investor. Many sign that bitconnect is a scam and pyramid scheme but they ignore it because they just want to make more profits from it.

Zeque02

member

Activity: 490

Merit: 10

Platform for Cross Chain Fundraising

Maybe the reason why they get involved in bitconnect is because it has they same features in bitcoin. Maybe they find it also interesting and have a good background how it was created and who are the people behind it. There is always a reason behind each doings.

ghermghuda

jr. member

Activity: 284

Merit: 5

In addition, something i have realized is that scams just eat us up without notice. Humans are humans and hence our dopamine effect always come inti play- i mean our emotions sometimes gets control over us and we taje initiatives we never wished we did, and that's why people are still getting scammed each day.

yoseph

sr. member

Activity: 868

Merit: 266

Quote from: Rituvohra01 on September 28, 2018, 11:45:49 AM

In a very simple language we can say it is just a greed.If someone saw a way of making easy money then they connected. I think people who participated knew its risk factors.

People are just too greedy, when people see the chance that they are going to make an astronomical amount of money, they seem to lose their reasoning altogether and they become victims of such things.

jikurpa

sr. member

Activity: 665

Merit: 250

Quote from: tora on March 12, 2018, 11:50:11 AM

The simple answer is pure greed. Some saw a way to make easy money and plenty of it. Before investing potential buyers should ask themselves how someone can make such high returns yet they themselves cannot.

not everyone as you say bitcoin was created with advances in technology and development of the times and along with its development is needed an advanced economic system also possible one of them cryptocurrencies and people follow bitcoin because they follow the development of the times and technological development

Rituvohra01

newbie

Activity: 79

Merit: 0

In a very simple language we can say it is just a greed.If someone saw a way of making easy money then they connected. I think people who participated knew its risk factors.

bsce1-1

newbie

Activity: 66

Merit: 0

In my opinion, this is because they promised a excellent return, they succeeded in getting people to buy because we did now not make our proper intelligence, most people did not prefer to supply themselves the necessary information and data so they make decisions and decisions, most humans simply listen and comply with and we all recognize the result.

faithofb

newbie

Activity: 238

Merit: 0

This is because they promised good returns and they ardise their integrity because of small thing. Lot of people will have imbibe their hope that it is a good project not knowing they are bad project. they succeeded in getting people to buy in because we did not do our due intelligence choices, most people only listened and followed what they heard without making more research of what the project is all about.

alp

full member

Activity: 284

Merit: 101

Quote from: squatz1 on March 12, 2018, 09:55:11 AM

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?

And who knew that these scammers all of us deceived? The project was very interesting and we all believed that the product will launch and the price of coins will soar.... But I figured they were caught in Thailand, right?

Gabb

full member

Activity: 392

Merit: 105

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.

GabrielBrandon

newbie

Activity: 84

Merit: 0

People involved in bitcoin with the greed that it will make them rich within a very short time but the don't know it is not so easy.

MonaLeeTracy

sr. member

Activity: 1092

Merit: 269

Quote from: upyem2k on September 08, 2018, 12:17:04 PM

People got involved in bitconnect because of their greed for get rich quick investment. Everyone knew it was going to crash but got involved with the hope of making some cool money before it eventually crash.

the people who are involved in bitcoinnect should think long before. whether what they follow includes good things or not, because jumping is easy but the challenge is quite difficult.

upyem2k

jr. member

Activity: 448

Merit: 1

People got involved in bitconnect because of their greed for get rich quick investment. Everyone knew it was going to crash but got involved with the hope of making some cool money before it eventually crash.

adefirman98

jr. member

Activity: 112

Merit: 1

maybe from the promotional effects intensified by bitconnect, seminars everywhere, promotion on social media, so people who just found out about crypto and saw the benefits offered by them were easily attracted and participated in their parts and became victims.

jamota

newbie

Activity: 112

Merit: 0

As far as I know it's better to invest in Bitcoin and Ethereum is the best step now.
In my opinion, people invest in Bitconnect, because they want to get rich in a day, but when the project gives too many results to become true it turns out to be fraud.

maskeffec

sr. member

Activity: 532

Merit: 250

Most of them buy without doing research first, lack of knowledge and information needed so they can make the right decisions and choices, most people just listen and follow and we all know the results.

As roma

newbie

Activity: 53

Merit: 0

Quote from: stallerstobtc on August 27, 2018, 06:25:58 PM

Early adopters know they will have a bigger part than the later majority that will get fucked up.

I think most people just listen and follow and we all know the results.
This is because they promise good results, they succeed in getting people to buy because we don't do intelligence, most people don't equip themselves with the knowledge and information needed so they can make the right decisions and choices

Topic: Why did people get involved in bitconnect? - page 2. (Read 2661 times)