Why did people get involved in bitconnect? - page 9.

Shimmiry

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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?

A lot of people blindfoldedly invested in this scam giving bitconnect the benefit of the doubt and ignoring what the news and signs have been showing them. After all, there is a fine line between what's scam and what's legitimate in this industry. Another reason might be because of the fact that bitconnect promised huge potential profits and they have been blinded by it.

Assface16678

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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?

They might have been blinded by the promise of even bigger profits than what's already existing in bitcoin that they overlooked the obvious and dubious things that go with bitconnect. Another reason might be because they are persuaded by other people and them, having no prior knowledge about the company and even sometimes to bitcoin, they invested.

JumpHIGH

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Usually signs are the inductions about the project is legit or fake. Once we ignore the signs there are more disadvantages in our way to join at bitconnect. Signs is very important to follows or to back off in one particular project.

jaaeeeyyyy

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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?

One reason might be because they ignored the signs. They ignored the warnings. In this industry, there is a fine line between what's scam abd what's legitimate. Maybe that's what they thought. Anotger reason might be because they got blinded by the promise of huge profits. That's why they invested blind foldedly and inevitably suffered the consequences later on.

david tien

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People invested in Bitconnect, because they wanted to be rich overnight, but when project is promising returns that is too big to be true as usually it is scam.

ChaChaiTL

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We first need to confirm that BitConnect (BCC) is an electronic currency similar to Bitcoin (BTC) and other coin. Up until now, BitConnect was in the top 15 on the roster, so everyone involved They are also easier to understand and accept

Getcoinsite

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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!

Got it dude,its the greediness whos bring them to become a victim.if greed is an attitude of individual theres always a chance to be always deals in scams,because they will only looks in profit not in the matter

Quote from: Arkham Knight on June 04, 2018, 10:27:50 PM

Because in a perspective of naive and gullible newbie, all they hear is nice and good things and they became deaf on all the negativities around it. Majority of people who invested in it does not really know cryptocurrency and that scam used it for their benefits.

Not only newbie is the victim instead those oldies too but they become greed that why the intention becomes a worst case

Arkham Knight

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Because in a perspective of naive and gullible newbie, all they hear is nice and good things and they became deaf on all the negativities around it. Majority of people who invested in it does not really know cryptocurrency and that scam used it for their benefits.

kotulo

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When it comes to the beginning, it is beneficial to everyone, having monthly interest until it loses its value reveals its true nature.

dodz031718

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Succees in getting people to buy bitcoin 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.Some investors saw a way to make easy money and plenty of it.Before investing,investors should ask themselves how someone can make such high returns.

ts sms

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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?

We see people getting attracted to Bitcoin every day. Because of this, I think the good aspects of Bitcoin. Bitcoin is a digital currency and it is a profitable project. People can get good profits while investing in bitcoin. Bitcoin's popularity is increasing day by day. The price of Taatara Bitakaywa is increasing rapidly day by day. Considering these good things, I think people are attracted to Bitcoin.

bhadz

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Quote from: Cutieh01 on May 13, 2018, 07:29:38 PM

Quote from: bhadz on May 13, 2018, 06:52:25 PM

Quote from: simpleholmes on May 13, 2018, 06:26:14 PM

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.

This is already done and they have exposed but it can't stop that there will be the scheme that will come out soon and will do the same thing as bitconnect did. What you must say if there's someone that is convincing you to invest to these scams, you must avoid and say no. There are group of people in my country that are circle of friends that encouraged everyone to invest to bitconnect and now they are broken.

Kola

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IF it exists and gives profit for its creator, it means ppl still like to be fooled, coz they like easy way to do smth, put yr money and wait for profit, but in bitcoin u have to learn and read first about it, because it is not a simple thing for a regular man, so thats why ppl do not see differents between ponzi shceme and the right way to investing into cryptos

ABIR HASAN

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I think because Bitcoin helps to get plenty of money in the roaches and to be quick, so people are involved with Bitcoin. But I'm a Bounty hunter.
But I have no idea about Bitcoin.

taeewo

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Because we want to make quick money, i also invested just $200 and saw announcement the following month they are closing..... so painful but those joined early makes cool money on it...

nidacoinlove

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Quote from: bhadz on May 13, 2018, 06:52:25 PM

Quote from: simpleholmes on May 13, 2018, 06:26:14 PM

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.

An year ago when I joined this forum I used to see two things being discussed frequently.
1. Greed control.
2. Enhancement of knowledge to understand things better.
However people who believe in marketing stuff and throw their money by watching videos and stuff will always bear the consequences, such scams will keep happening.
I personally warned my friends to not to invest in bitconnect, most of us were lucky but only one went into it and what happened next, I hope you all are wise to understand. Grin

zngit

newbie

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Because of almost perfect testimonies of the users who already experienced the benefits of bitconnect. Even me I will try whatever the item if there were already huge good testimonies about this trusted item. Bitconnect seems doing good. It helps the people to have an additional money in the pocket that's why people love it.

hoavantathan

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bitconnect and the similar projects are scams. investors think they can make money easily and fast so they become greedy. that's how many people become sheeps

Sinecoin

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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?

I think many people were in denial/were blinded by greed about the fact that it was a ponzi scheme and they wanted to make a quick buck after they saw everyone else making a lot of money from other ICO's. Furthermore, bitconnect was being pushed by many so called youtube "influencers" who managed to convince many people to invest into it.

#dhabitamartha

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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?

all do not know that it's a clear scam we're just trying to work and want to get wages from our work even though sometimes we get fooled and get no results. just spirit and spirit.

Topic: Why did people get involved in bitconnect? - page 9. (Read 2661 times)