Bitcoin Forum

BitConnect right now is among the 20 cryptocurrencies with the highest capitalization as we see in Coin Market Cap (It got to be 7th in the ranking!!!)

Can we believe that BCC is legit or is it a gigantic Ponzi?

Yes it is, tell your friends and family!

Look at the votes, the coin is clearly a scam. If you can't figure that out after that then we can't really help you.

The price will keep going up for a while, if that is what you are looking at.
And this is because there is a huge hyping on the whole internet about bitconnect, and everybody wants to invest in there because it is a "cool" investment because it is an altcoin too.
this is why there are some people who are so desinformated, and they just put their funds in there and they are risking their whole budget in that weird site.
Obviously that everybody who invest in there are going to lose their funds , everybody knows that.

Better be safe than sorry.

But if you really want to try to invest on BCC, just make sure you'll put in an amount that you'll be comfortable to let go.

I can not understand why there is a lot of people trying to hype this coin, it makes no sense because we all know that this is a fail project, there is no way for them to afford those kind of returns to all the investors.
There are more than millions invested in there, they should be paying around one million dollar for all the investors everyday, if i am not wrong.
there is not even a single economic bussiness that is able to pay that amount of money  (i mean, 1% a day, and more if you take care of the compounding)
Obviously that it is a fake.

You can call it as scam or not. It's a ponzi scheme clearly, there is actually no relation to the crypto currency. They're organizing a pure ponzi scheme in that garbage structure. You can check and verify this easily.

Stay away from it!

This to me is a scam. They are spreading the word perfectly well that many people are victimized by them. But then at the end of the day, it cannot redeem its reputation as a scam. They are clearly using the less-knowledgeable to raise some and to let them recruit some more to join BitConnect. Clearly a ponzi scheme.

Any coin that pumps without any reaso,n or any high yield investment programs backed by a coin is a scam. Someday these sites will close without anyreason. Same as Genesis mining and any other HYIP program.
Stay away from these.

I see this ads from google and facebook ads almost i see this everywhere when i am watching youtube always popup this as advertisement..
That actually obvious useless and i believe you will not earn something with this .. if you really wanted to invest not in bitconnect.. i heard lots of complain right now from them unlike before but right now looks like they are turning to scam many people..
So becareful to invest your money guys. .

It seems to be . I hope it is not scam. Nobody wants you to go through the nose.

I answer that it seems to be,
I am not sure about this coin,
it may have big marketcap but I am not sure what it is and how was it

I guess, Once it reach its target fund,  it will close down. Its like other ponzi site who scam people.

I hope i was wrong for this thinking and looking forward for the better news about bitconnect.

Bitconnect is a ponzi scheme. And i think it will affect the entire community when its down. The price goes up very much. I hope no one invest there anymore. Remember " if something look too good to be true it is probably scam " who ever has make his return dont invest anymore !! Jump of the ship and start trading or juat let ur coin in your cold wallet. Maybe no more then one year the ship will goes down.

I was thinking about the direction of the coin,
do they have specific tech advantages?

Not quite sure how this will end

Anyone knows how this one is developed?
Or
May this one collapse?
I am just afraid that it may make Bitcoin seems bad.

Nothing really its using its crypto thingy to make their ponzi system operate easily.

No technical advantage or something being updated.

Bitconnect is the biggest ponzi ever i seen. It can sit on the top 10 coinmarketcap for very long time.
https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/

UK will try to take an act to shutdown that biggest ponzi scheme right now. Just waiting for the more news in the future about the bitconnect shutdown's update.
This seems to be interesting thing.

bitconnect coin its not scam
but lending system its like you invest to ponzy scheme
that lending system make this coin hype
if not has lending system this coin will be shitcoin
so I will say Bitconnect is coin life under ponzy scheme

I have no clue. I never bothered to look at it until today. It does sound too good to be true. That is generally the case in the cryptospace.

They have been here for a year, base on my own point. I wouldn't say they are "100%" scam, no one can assure that.

Ill give you an example, i operate such scheme. I promise to pay 1% daily from your investment. In this case, I collected $100,000 from the members. I gamble it, won another $100,000. In this case, i can pay this in 3 month from the $100,000 i collected and have the $100,000 for free in profit. Seems good?

Nope. This is a scheme that would lead to real bad problems when it start to become bigger and when market become more saturated. People can make $1000 to $7000 in the 2017 within 11 months.
But market doesn't always work the way they want. Perhaps BCC have a good "trading robot", but that doesn't ensure they can trade and make profit all the way.

So, their business is unsustainable, but i wouldn't call it scam

It's scam and very shady.  Do not invest in it or let others invest.  When it blows up, a lot of people will lose money and it will not be good for the crypto world.

I dont think it is scam. That system is ponzi but they have real project in real life. At least they still paying for their members.  ;D

Think about those people who are greedy and eager to earn x2 profit. There are people who doesn't care much about on where they are investing and obviously blinded with this too good to be true scheme plus the testimonies of other deceived people to support this scam operations.

I am sure why people still investing in Bitconnect or any other lending crypto. Most are offering less return IMO compared to other crypto now. Bitconnect is a sinking ship. No matter how you look at in. I rather invest in real ICO or any new utility coins at the moment.

Note: Do pay attention, many solid ICO from China are emerging in the tokensale now.
eg, https://tokensale.elastos.org/, https://investors.echat.io/
Many more are coming. Invest in ICO will more 1,000X more profitable than "lazy" passive style investment in lending, furthermore, these programs are much more risky than solid reputable ICO. Do your research. ;)

actually, I don't know about bitconnect but some of my friends say that bitconnect is legit and they still make a profit with the coin. I think bitconnect is like an investment that we already know in other program and if we want to invest in bitconnect then I suggest to you to search everything that we need to know so we can make a decision with no regret if we get scam. it is better to spend money on the investment programs that we know and we are sure with the programs because we can prevent to get scam in the future.

Anyone who believes Bitconnect is not a scam should really consider buying finance and business 101 books. This steemit user does a great job of breaking it down - https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed

Texas securities commissioner has become the 1st US state to shut them out- as of just several days ago -https://news.bitcoin.com/bitconnect-slapped-with-securities-emergency-cease-and-desist-order/


Get on to social media and ask them basic stuff. How do I earn? How do I refer friends ? They will give you plenty of help and answer fully. Now ask them ..Where is Bitconnect located?

Common sense people

short answer, yes, it scams you into accepting easy profits there instead of studying the market and making better returns, i have $100 in there for a laugh, had i put that into my crypto portfolio it would have 12x in the same time i doubled my $100 at bitCONnect. just imagine what they have done with all that BTC people have given them.

and when its no longer profitable for them....... kiss your money goodbye. 

yes - its a scam - and now, shorty before it is dying, comes already the next one: Hedgeconnect - the new Bitconnect (https://steemit.com/bitconnect/@andreas888/hedgeconnect-das-neue-bitconnect)

lg

Such people amaze me. Have all admitted that is Scam is who not until the last merges. From the truth will not run away.

A lot of good projects with great potential, why hold onto it and wait for the project will close and you will lose your money or the price will fly to the floor.

Here is an interesting projects with small capitalization that can be well shot FOOTY CASH, UNIFY, Eryllium, Copico. Active team in General has potential for growth.

And what do you wait for BITconnect?

LOL. The SEC issues an immediate CEASE and DESIST to Bitconnect, and you are still in here defending them as NOT a scam?  OMG... I can't even believe we are having this conversation.  I guess you are free to ride that sinking ship all the way to the bottom.  Just trying to throw you a life preserver... don't say we didn't try.

Bitconnect is not a scam but people who manipulate bitconnect is using these to scam that's why bitconnect has a bad image now,some of my friends using bitconnect they earn profit so where is the scam and bitconnect is the top of the highest paid token if they didnt now,or some people investing in bitconnect when they scam they spreading a issue to bitconnect so that people are scared to invest in bitconnect.

Soooooo... still not a scam?

Everybody kept saying it from the begininng of BitConnect... It's really annoying to read people complaining about such obvious stuff.

you still hold your belief now?

I started bitconnect 3 weeks ago with 1020, now I have over 1200. Friend that got me into it started 50 days ago with 5k, now has 12k (he has also signed up a bunch of people). The guy that got him into it started with 30k, is now a millionaire, and just bought a 500k house on the river with cash. So, works for us so far.

Did you check their latest updates? they are closing the lending and platform. The truth is they are operating in ponzi scheme of investment package. It is not about their are legit or will survive, it is about when they run out of net cash flowing in. It is clear from their past trimming of tiered ref payouts, cutting 7 layers to 5 then 3. Now you can't even move the coins..

Check out the BCC price now.. And their outrageous Bitconnect X ICO price
I guess BCash finally getting the BCC symbol soon.

People can make money with this but only the people on the top as it's always with ponzi schemes.. and also the company of course. But no, if you join now you will not make any money from it

Right now many people are propagating negative news about the Bitcoin and Cryptocurrency, we cannot conclude it as the scam. Not only Bitconnect many other coins price fell down to more than 40%. So wait for recovery from the market.

lol. How’s that BCC working out for all of you holding on to the belief that this project isn’t a scam? It’s trading at $22. It was over $300 yesterday.

https://s18.postimg.org/ox50pbg15/bitc.jpg

A normal project, it can not fall so much.

Ive hears so many news about bitconnect, yes many people earned money from this but only those who are invested in it early. But now it is very risks to invest in because of its bad news lately.

Its because their exchange is down and they were selling over 90% of the coins.  I see it is for sale on other sites like HITBTC.    a steal to buy them right now.  Coin has been over $300 for a long time.  Was $450 around a week ago.  Wow.  Hasnt been this cheap since beginning of June.

Ohhh never mind,......  Looks like they did close lending platform etc.   Reasons stated don't make sense to me.  Based in the UK why did they give a f*ck what the US said to them ?? Promise to make investors whole........  I personally have been taking my interest payments out and have gotten 75% of my investment out so not terrible if I dont get it back. If I do I am up 75% which I can live with. 


https://www.financemagnates.com/cryptocurrency/news/suspected-bitconnect-scam-shuts-lending-program-exchange-platform/

I think it has a not good way to attract the investors. Its way likes Ponzi and I do not like that. Its price has fallen down about 10 times now and hope its investors will be safe

Yes it was and it always will be. Sorry for the people that believed in it

It`s very expectable event for this hyip , Ponzi schemes are not living always.

why do you think so, yes, I agree, the price has fallen very much, but this is not reason to believe that this is a scam, given the correction in the market

BCC is an obvious ponzi scheme, anyone who thinks otherwise is fooling himself. STAY AWAY from bcc

The site bitconnect.co invites everyone to purchase and invest the BitConnect (BCC) crypto currency. This project can be called a HYIP, and scam, and just a soap bubble! All these words some individuals said, but indeed they continue to talk about the most popular crypto currency, bitcoin. And bitcoin in the meantime is growing and everyone is earning well on this growth. So, to predict the change in the rate of BCC is almost impossible and of course any investment in it is a big risk. Spending money on it or not is already the business of every single contributor!

what do you think about the price? bitconnect fell in price and maybe now is the right time to buy it

I agree, Wondering whether the scam and ponzi scheme rumours are true?
Well, you’ve reached your destination because I’m going to read the honest truth about BitConnect you must read the link http://nobsimreviews.com/bitconnect/
And Obviously I am not recommending BitConnect…

If you have a lot of money that you dont care if you lose it then I say go for it my man. Me personally I am not going to touch this coin

yes , its a fucking scam
i dont believe it too , since cointelegraph tell the true on their magazine.

In my review. Bitconnect looks like scam because as you can see a few days ago they released the funds enrolled in their lending section without completing the contract and then after releasing the funds they disabled the exchange and lending section while the price are still in good condition.. Before resuming the exchange and lending services they drop the price of bcc. Your original capital of 100usd for example now it becomes 36usd only it still the same, no profit and they waste your time for investment.. No one earned from lending because your profit is now useless if you some up with your released capital a few days ago. You are expecting that after releasing your funds it will be the same with your original funds before but its not due to suddenly drops of bcc price.

i hate to say i told you so..... but...

So what exactly happened with BitConn recently?

when the people do not know how to use it and how to work for btc they can say this is like scam if the people know about what is bitcoin and other crypto then they can not say this is scam people who are connected with the btc from long time they understood about btc and they can take decision and can play with their speculation when the newbie enter in the btc they alway's are worries and heaving not good idea's about speculation's so over all want to tell people btc is not scam if people think this is scam then get idea own self they are not studied it well in the market speculation is must and only good business man can do it.

i thought everyone knows this? Well, its good to see that it is finally being taken down, good thing for crypto.

Yes, take a look at it right now. Don't say that we haven't told you.

Finally, people know it was a scam, but still, we'll find it's supporters (those who have funds in it), I think it was good for Cryptocurrencies to get rid off of scams.

Yes, it is a big scam for all investors. Be careful when you decide investing anything by $!

https://beta.companieshouse.gov.uk/company/10278342

https://i.imgur.com/ekjVyW8.jpg

Looks like Bitconnect & BitconnectX ISO will be dissolved and the deadline is supposed to be this month so I would think twice before investing in either coin people

I feel very bad for everybody who was scammed by bitconnect

Yeah, it's the biggest scam after Onecoin. If you are smart enough then you will know that Bitcoinnect is a Ponzi scheme, anyone who thinks otherwise is wrong. because one percent of daily profit is too good to be true even in crypto space since the risk of cryptocurrency trading is higher than the stock trading. In my opinion, the team behind Bitcoinnect is very bad because it will soon launch ICO to scam investors once again.

Regrettable for those who had investments and started recently, in any case leaves the teaching not to invest in this type of platform and on the contrary see serious projects with greater potential

A lot of the people who were scammed by Bitconnect are now uniting and taking action against the company
https://www.bitcoinguerrillas.org/

Exactly. It sounds really too good to be true from the onset with allnthe guarantees of profit. I know personally people who've invested there and lost a considerable amount of money. If its too good to be true, better think twice or thrice about investing. And there's an ico for bitconnect coming out again, anyone wants to lose some? Lol

Although it looks like a scam since it started.. so many people lend their money like a blind.
Those who promise you to ROI  365% yearly in $ - are scammers. It simple but useful formula. :)
And you should think twice when they talk about 7-levels referral program.

You can be an Oracles ,  Bitconnect is back with BitconnectX .   Get your $   &  Cryptos secure and far of this scammers

https://noticiasbitcoin.io/2018/01/26/bitconnect-demandado-por-inversores-y-lanzando-una-nueva-ico/ (https://noticiasbitcoin.io/2018/01/26/bitconnect-demandado-por-inversores-y-lanzando-una-nueva-ico/)

Much coin came scam this year be carful

I think BitConnect is now one of the biggest scams in history. You knew this company was a scam after watching that BitConnect conference video giving away money left and right like it was floating out of thin air. I heard that there is a class action lawsuit against cryptonick, trevon james, and craigsmith. I hope they get what is coming to them.

Thanks for that shitpost. I hope you didn't pay too much for your account, since you've now ruined it. Oh no wait, you didn't buy it right? You just forgot how to speak English? Time to purge all your 2013 posts before people see that you used to know how to speak English! OMG!


Well OP, you got your answer and you got it with fireworks. Poor Carlos. He'll never be in crypto again... What a shame. WUSU WUSU WUSU WUSUUUUUP?!?!?!?!?! https://www.youtube.com/watch?v=vhyAREaWfyU (https://www.youtube.com/watch?v=vhyAREaWfyU)

Change your bitconnect coin tokens on a promising new project ponzitust.com at a price 20% higher coinmarketcap. Write here or mail me petrkirilov2018@gmail.com

I do not think BitConnect is scam. there are many investors. I heard a lot of your name. I do not know much about BitConnect, but I think it is not scam.

Stop spamming without knowing what are you saying :). I don't know why you are here while you don't know anything about cryptocurrency :)). Bitconnect is the biggest scam ever. It's already collapsed months ago. You still think it's not a scam? As I know Bitonnect founders are being sued because of scamming a lot of money from investors. LOL.

how the fuck u still tell BitConnect is not scam dude.
are u just try to create shit poster for ur signature ?
and you say u dont know about BCH but tell BCH is not scam.
damn.
well
News (https://cointelegraph.com/news/bitconnect-ponzi-scheme-no-sympathy-from-crypto-community)

Attention! The First decentralized crypto pyramid Ponzi Trust announced the start of an exchange of ponzi tokens to bitconnect coins  with an exchange rate 20% higher than at coinmarketcap.com. You should be hurry! The amount of tokens is strictly limited. Current proposal is valid until 25.04.2018. For detailed information, please send a request to Ponzitrust0398457@gmail.com or send a message to our telegram chat - https://t.me/ponzitrust_en

Please take away your ponzi scam site outa here and don't ever thinking to back again. We already know if Bitconect is the ponzi scheme when their price dropped to dust from $300. Many people got screwed because of that.

Sadly but he joined on same signature like yours

I am very glad that I did not see this grandiose AFER! I think that you have not figured out the first week. Tell me, is there any kind of admission control for ICO?

Mostly I guess people found it scam, I'm not sure about scam, but I'm more than 100% sure it can be called hype! By the way neggative fame is still fame, while many people are still talking about it, it will grow

Look at these

https://beta.companieshouse.gov.uk/company/10948031/officers

It's the officer of bitconnect

Interesting that it got to the top lately. I've never trusted BitConnect since the conference (famous man with BitConeect), it seemed there like a terrible mistake. I don't know why people support it.

The atomic project has the support of only those people who have not failed. If someone has problems, then negative feedback will immediately be on the person.

As much as i might hate to admit it Its a complete scam brother stay away It did pain me to go through their whole bounty and invested  small Eth

Currently, Bitconnect is mainly traded on both bourses HitBTC and CoinExchange. However, as reflected by many people, the transfer of this morning also signs of blockage, causing many people to run away to preserve the capital also failed. I believe Bitcoinnect is the largest scam project in the cryptocurrency market.