I think because they want to make easy money, want to make more money, more profit. And many other people join because they see so many ads about bitconnect. There are also some participants who are introduced to invest
Topic: Why did people get involved in bitconnect? - page 8. (Read 2661 times)
I want to join this bitcoin coz I was so curious about this. I want to know how I earn extra money here at bitcoin
Some didn't knew. FOMO was huge also. Some people are easily gets brain washed up when they see other gets profit out of it. It's human nature, to be jealous when someone gets easy money and gets angry they they realize they been scammed
Because people don't have any idea what they are entering into as long as they see money will come in. Greed it is. People were being deceived of higher returns that is why even though many experts are telling to avoid or not to buy Bitconnect, they still buy because they want to take the risk because of significant money.
Because it brings huge profits. Participants initially brought in a lot of money. MLM is always the case.
The only reason why many people join the bitconnect is greed. Because so many people want to invest money and do not want to work And they still want to get a lot of money. should that they want to join the bitconnect
Funny to see that almost everybody seems to blame the victims.
Sure, people were greedy, they wanted to believe that the promised returns would make them rich, etc.
But let's not forget one important fact:
The culprits who committed the crime were the people behind the Ponzi scheme.
They deliberately played the emotions of their victims to make them believe in their false promises.
It's a common misunderstanding to blame the victims of fraud "because they should have seen it coming".
Those who were able to "see it coming" were not the victims.
Those who were unable to see through the veil of lies, false promises & peer pressure, were exactly that: unable.
It's not their fault.
Never blame the victims of a crime!
Sure, people were greedy, they wanted to believe that the promised returns would make them rich, etc.
But let's not forget one important fact:
The culprits who committed the crime were the people behind the Ponzi scheme.
They deliberately played the emotions of their victims to make them believe in their false promises.
It's a common misunderstanding to blame the victims of fraud "because they should have seen it coming".
Those who were able to "see it coming" were not the victims.
Those who were unable to see through the veil of lies, false promises & peer pressure, were exactly that: unable.
It's not their fault.
Never blame the victims of a crime!
Maybe people tend to choose a bitconnet is in the affairs of looking for income very easily without having to work however, the risks that arise when playing are also very large and they must be ready to accept all the facts without blaming others.
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 because people want to earn huge money in a quick and easy way possible. That's human nature, admit it or not. Bitconnect is similar to Hyip program before Bitcoin becomes a common word nowadays. Risk takers love this kind of program since they are adept at how the program works and enticing newbies to join make them even richer for referral commision they get. Newbies and people invested less were deemed to suffer the bad fate as they can't get their initial investment as quickly as big investors did. But even if you managed to get your seed money once the human nature calls and greed prevail within the person's sanity and investing them again that made their investments to disappear.
Initially Bicconnect was $ 1. Then it raised the price to nearly $ 300. Everybody invested in it. After that, it went bankrupt, at which time many people lost money
The promise of easy quick money of course. Though sensible people would realize that bitconnect is offering something that's probably too good to be true and would avoid it. Sadly, a lot also seem to have been blinded and invested anyways which really didn't end well for most of them
Initially Bicconnect was $ 1. Then it raised the price to nearly $ 300. Everybody invested in it. After that, it went bankrupt, at which time many people lost money
People are involved with Bitcoin, because Bitcoin is a well known coin or digital currency in the current market. Its circulation is increasing day by day. This is an interesting topic, which is why people are involved with John Bitcoin, and it is possible to earn money through it.
To get money like most of us in crypto but ye idk why people did not afraid this ponzi
Personally think that maybe they try to get the fast profit in a nick of time, not minding about when the bitconnect could be down in the terms of SCAM. The sad part is when people that join bitconnect doesn't suspect any scam thing from this project.
this is because they promised good returns ,they succeeded in getting people to buy in because we did not do our due intelligence , most people do not seek to equip themselves with the necessary knowledge and information so they can make informed decisions and choices, most people only listened and followed and we all know the result.
I think, people get involved in bitconnect that bitcoin is to get insane returns on their investment. A better future is just something that you get with it. Also many people find Bitcoin very convenient as a method of payment as it protects their privacy online and prevents their cards from getting hacked.
This is a very interesting scheme that uses a lot of elements of interest to a large society, at the moment also interested in a huge number of people, and it's probably convenient and interesting after all.
Bitconnect was not a very prudent idea probably...Anyway, there's no doubt for me that cryptocurrencies are going to displace roughly 25% of national currencies by 2030. They’re just much more efficient, the way they run. They are not very liquid today, but that/s a question of time. Have you heard about Paytomat? Basically, it is a Decentralized System for Cryptocurrency Payments. I've checked their team and partners, quite impressive. They support 11 cryptocurrencies already, have many trustworthy partners like SONM, NEM, Hacken.
to our knowledge from the beginning people have recommended that bitconnect is a project that ultimately becomes a scam. However, there are still people involved in it. the greed of being a real person at the end is totally defeated. we advise never to be tempted by things that promise bigger or totally unreasonable gains.
I guess the best guess is that there are many people that are not so smart or want to get rich fast. So they dump their money anywhere and hope that they make quick money. Like alot of ICOs.
in our opinion bitcoin currency is considered the easiest to make dollar currency very easy by beginner investors, so they make sure and find programs that claim the highest returns every month or every day. This trade is believed by many new people to be true, maybe they do not know how mining or trading is operating in the crypto world.
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