Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: thecryptillian on January 05, 2018, 06:56:31 AM



Title: Bitconnect Scam coming undone?
Post by: thecryptillian on January 05, 2018, 06:56:31 AM
So apparently, BitConnect will have to face a hearing this week and prove to the UK Government that the project is a legitimate business.

The coin currently sits around $240 - There must be some nervous investors out in the crypto world today.

If they are proven to be a ponzhi scheme, they will be dissolved and all property forfeited to the government.

It will be an interesting watch. Feel free to keep this thread updated on the matter.


Title: Re: Bitconnect Scam coming undone?
Post by: IlfarIldarovich on January 05, 2018, 07:28:35 AM
Yes , it will be interesting to see what evidence they pripodnesut , the Scam will be revealed


Title: Re: Bitconnect Scam coming undone?
Post by: asayoyaasa on January 05, 2018, 07:34:08 AM
Bitconnect obviously a ponzi scheme from begining, there no way an internal bot trading can make big profit and double your balance in matter of month. And you now can see pretty much lending platform like bitconnect spread in cryptoworld, we just need to be carefull and chose wisely before make anykind of investment.


Title: Re: Bitconnect Scam coming undone?
Post by: KXC247 on January 05, 2018, 07:36:31 AM
Bitconnect obviously dosent seem legit for me. 

Where are they getting the percentage they pay their investors from?

I really don't believe the story of them having a bot trading for them.