Topic: Why did people get involved in bitconnect? - page 7. (Read 2661 times)
I think because they like easy ways to do things,put your money and wait for profit,but in bitcoin you have to learn and read first about it,because it's not a simple thing for ordinary men,so that's why ppl doesn't see the difference between ponzi shceme and the right way to invest in cryptos.On the other hand, people who think they have limited time may make calculated investments and not worry too much about losing,or making a small profit.
Bitcoin prices have dropped from $ 20,000 to $ 6,000 at the end of 2017 Because of the Bitconnect. If Bitconnect does not scam investors, the current Bitcoin price may be $ 30,000 or even $ 40,000. I am very sad for the development team Bitconnect. They have created a coin that has no ecosystem but has a very high price on the market. and they killed it
because a lot of them are investing in bitcoin. they want big profits. even they also want to have a better future than before by investing in bitcoin gan .
Most of the time, friends ask about an unbelievable investment
BitConnect is a company, an exchange, and an open-source Bitcoin-based Cryptocurrency. It was launched in February 2016 and became one of the most successful cryptocurrencies by price up until the very beginning of 2018, with an all-time high of $463 per token last month (currently at about $12), and a market cap of about $2.7B USD.
BitConnect uses a “Referral Bonus” system which was heavily advertised by multiple YouTube crypto personalities that are now facing legal charges for their recommendations. The YouTubers would get higher and higher investment profits for referring more people. In fact, the BitConnect platform was built to recruit others and give the user higher rewards for referring others to join the network.
BitConnect uses a “Referral Bonus” system which was heavily advertised by multiple YouTube crypto personalities that are now facing legal charges for their recommendations. The YouTubers would get higher and higher investment profits for referring more people. In fact, the BitConnect platform was built to recruit others and give the user higher rewards for referring others to join the network.
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 am wondering even with the examples of Bitconnect and Davor , they still fall for impressio.
Pure greed make people to take such kind of stupid decision.
Because they are tempted to profit one of them is the available investment system that will get monthly profits up to 40% per month with a maximum period of 299 days and a minimum investment of $ 100. The invested capital will be refunded when 299 days have been met, perhaps this is one, which makes a lot of people willing to invest in bitconnect.
Peoples get involved in this kind of scams because of their greed they want to make rich in one night, they wanna earn money without any struggle but one thing should be remember if we are investing in bitcoins then we need to struggle more for learning and market research also timing of market entry and exit. bitconnect was a scam and many reviews about it was negative but greediness always make loss for us.
Everyone keeps saying that people are lazy or greedy etc. Bitconnect advertised itself as a token with an opportunity to earn by investing same token into whatever trading the company saw fit. Was it really a pyramid scheme? Is it not possible to actually earn an income by trading currencies? I think a lot of factors contributed to the fall of bitconnect,least of which would be the bad blood resulting from the certain whales not wanting the little guy to make a profit. Same as what is happening to bitcoin. Massive sell off, negative press etc. Does this make bitcoin a scam?
Humans are greedy and lazy by nature ! everyone's dream is to put some money into these investment websites like bitconnect or its similars , cloud mining ,basically anything that can make them money consistently without any effort.that's why these schemes will never end 
I'm totally agree with you. Humans are too lazy to do their own research, they tend to put some money in Ponzi scheme and wait for the Lambo. They don't even think, that all the Ponzis are simply scams. It is simply lazy human nature.
The same way people knows that ponzi scheme is risk and can fall any time, they all are thinking to make quick money on it and exit after some time while some is just for greediness.
Humans are greedy and lazy by nature ! everyone's dream is to put some money into these investment websites like bitconnect or its similars , cloud mining ,basically anything that can make them money consistently without any effort.that's why these schemes will never end
because of its foreseeable future, people start getting involved in bitconnect
Because they can see a great deal of potential when they get involved in bitconnect
For me, It's just because they can earn unstoppable money from bitconnnect
Most people just want to get wealth through this way. We have to say that this is somewhat like Ponzi scheme. Some people who enter the market early will be successful. This will drive more people to participate.
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?
People get involve in bitconnect because of the interesting content of it . It brought your soul to join into it and helps you to gain so much money . I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
I think it depends on when they invested, and what they actually thought they were investing in.
If someone thought it was a real investment platform that could continue forever, and not a limited time thing, then they may have over-invested and feel bad.
On the other hand, those people who thought it had a limited time probably made a calculated investment and aren’t too worried about any loss, or made a little profit.
If someone thought it was a real investment platform that could continue forever, and not a limited time thing, then they may have over-invested and feel bad.
On the other hand, those people who thought it had a limited time probably made a calculated investment and aren’t too worried about any loss, or made a little profit.
It's just greed. People want to jump to something that they think they can get monoey from without having the patience to even do some research and observe these warning signs.
BCC is profitable, I guess who helps promote the coin and these ambassadors are holding conferences for local people to persuade people to invest without any idea of what's possible. happening.
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