Bitcoin Forum

What is your take on Bitconnect?

Bitconnect is a ponzi scheme. Case closed.

It is a big scam, and we all knew that from the beggining.

But i have a friend who is earning more than $150 a day with bitcoin, obviously that he was an early investor.

if i am not wrong, he invested more than $5000 on October, and he has already recovered his investment, and he is earning more than $150 a day and he has been withdrawing it everyday.

he knew that it was a ponzi since the beggining, but he made profit from it, because he was an early investor, it's very obvious..


But for the newbie's ones: Dont invest if you do not want to lose money in there, it can fall at any time.

its successfull lending platform as of now but still its ponzi scheme sooner or later they will still running away with all money of investor,lucky for those who invest early i know some people earn big money in bitconnect and i have lots of friends risking there money in bitconnect if you want to invest just take in mind theres a big risk just invest what you afford to lose

This ^^

I have some friends too at work that decided to put some money on BitConnect, they did the 100$ option just to be sure they wouldn't lose much if something went wrong. If you really feel like putting some money there you should put no more than 100$ imo.

He is just full of mud and fraud because they are Ponzi. Don't even thinking about putting your hand and your money into that kind of Ponzi. Throw away that kind of thinking because that's really full of risk or you will cry at the end of the story.

Its simple way of fraud that give income for many scammers so be careful!

To make an investment, users must first buy the Bitconnect "A crypto asset created on top of another blockchain" with Bitcoin via the exchange. Then you will be able to loan the token to the Bitconnect bot. It is important to note that the investment stake is locked away, and can’t be accessed for or anywhere between 120 and 299 days & Any interest earned is available to be immediately withdrawn.

Interestingly, referral codes come though the real moneymaker. Users with large followings (such as Cryptonick) earn a far greater return from this method. Hearing about this situation really raised the first questions in my mind. Is it a legitimate lending platform, or is it a modern Ponzi scheme? It all sounds too easy to make quick money.

Hey...
Its a good way of investers in our busniess.

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What would you expect from them? Of crouse, everyone knows that they are a pyramid/ponzi scam but yet everyone still decides to invest in it, fuelling the bubble. In the end, all the people that still has an investment will get RIPed.

Just a biggest ponzi ever. There are so many threads discussed the bitconnect. The bitconnect lending is worst service. How many people got scammed by this biggest ponzi scheme there is the only one exchange site that already traded a big volume of the bitconnect. and that's the bitconnect exchange site itself. There are so many accusation against the bitconnect and especially UK against the bitconnect too.

Stay away from bitconnect, it's a total ponzi scheme. Still many are thinking that this is a good investment but they don't know that this has been become one of the biggest ponzi scheme in the entire crypto world. Don't push yourself to get some bitconnect. Better to get some legit investment or altcoins that are reliable and why go with bitconnect if there is bitcoin already?

its a wellcrafted ponzi scheme,dont ever try to join if you dont want to lose a lot of money.

I see a lot of people asking to join bitconnect, but I think that if they join it will only throw money and make for the person who invites him. until now I follow that person and no word about bitconnect