Bitcoin Forum

See thread. It seems too good to be true but so many people praised it to the heavens and back in the past.

So now that it dropped more than 97% and BCC closed operations, is it a good time to buy discounted BCC tokens? ::)

wow is it true?
why i doubt that so much?
discounted or disband?
btw blockchain community hate them, right?

Bitconnect is a 100% ponzy scheme project and it just lost 95% of the price. Its crash was just the matter of time, because there is nothing behind it. Do you still believe it will raise? It's a very silly decision to get in bitconnect at all and especially now.

I'm just shitposting.

I've been calling BCC out for a very long time, but a lot of people didn't want to listen even to clearly illustrated facts that made it abundantly clear even to a toddler that BCC could not possibly be legitimate.

Thank your info! Today! BCC lending and exchange stop and bcc down verry fast!

They call it is "King of lending coin"
And now BCC have not enough money to pay lending profit

let me think hmmm.....ummmmm.... no!

wow, if no your next post, i think i will said something bad about your first post
it looks like this crash is good thing for natural selection
lending coin will collapse whatever it takes
the king has fallen.. retreat guys  ;D

I feel a ponzi scheme here

I think this is a downfall, investors have sold off the coin and have since led to the collapse of the coin. Look at the prices of other currencies, the price of it has gone down a lot, but now can not predict what will happen. From now on every purchase must be sober

After this I would never invest on Bitconnect.
I made a lot of researches about BitConnect , saw a lot of posts that the coin is a kind of scam.
So it is not good to invest on it , this is my opinion.

Big NO, One of my friend inviting me to invest in bitconnect but I said no way, because I told him that is a ponzi scheme. So he lose money to this bitconnect. Disconnect!

Thanks to all for pointing out this is a Ponzi
We need to educate those people out there not to be blinded by greed. There is no way they can sustain the high payout.

Nope, the operations its closing down. I mean it started as investment trading bot which pays off profit if you locked your tokens. If operations company went off and gone, whats the value BCC remain?

If you have a lot of money to invest a $300 price per coin then it's good because BitConnect has good reputation and it's a good player as being one of the top Altcoin and giving its investors good returns and profits.
Although BitConnect decreased the price with most Altcoins but it will soon back to normal as most coins do pump and increase the market capital value.

I already warned people to stay away from BCC before. but, no one listened.. feels sorry for people who made big investments..

Id think its good to buy bcc now because as we can see the price of bcc decrease to 85% , even if the lending program is close but there is a possibilities to pump the price to 50$ each .

Anyone who didn't see this coming deserves to lose their investment in this scenario.
It's not like there weren't enough warnings and words of caution about BitConnect  ::)

I didn't invest in BitConnect as I wasn't following it at all closely, so, I was just wondering. What were the signs / some backstory about the whole mess?

Not go invest HomeBlockCoin ) (the best invest, link my profile)

Bitconnect is officially totally stopped. I would not recommend to invest in, but if you know some "real" and good news about them, you may invest on your own opinion.

2 hours ago it was $5.75 and now it's $9.41 so if you're feeling a little bit adventurous you could try playing the dead cat bounce. You're more likely to get burned though.

Not a good investment, but a mediocre toy.

BitConnect is gone lol

They literally closed down operations in preparation of an exit scam. I'm surprised to find somebody who still believes in BCC even at this point.

I guess you have a lot of experience to rate on bitConnect, I am worried bitConnect is really a ponzi scheme. this is what makes consideration, I think more investment is safer for bitcoin or eth.

Apparently not!  ;D

I still can not believe it will all end because it feels so fast.
Let's wait at least a week to see how all this will be missed, or maybe the simple thing that keeps happening and just price manipulation to achieve more profit.

Definitely a scam and not worth it

Bitconnect is a not a good investment but a ponzi scheme
It is always good to calculate your risk,why invest in a project without a problem to solve in the real world,the cryptocurrency world is a well structure sector that is here to stay for along time,so ensure your investment is safe and secure

Correction it is now at 100% if you still thinking about buying then go ahead and waste your money. It's whole operation shutdown including its lending and exchange platform dont know what happened but i guess this is just the inevitable for altcoins. Some others will follow but bitcoin will still remain the same. Let see whos next will follow with this sea of red in the market right now.

For me No, bitconnect system is ponzi scame, using referrals system. who people have many referrals will be rich. system like this will colaps soon. Im also interested about bitconnect but when i try to research so many bad review. so i leave it
better you choose to invest in ICO, you can also rich there. or in popular crypto, Bitcoin or Ethereum

please change name BCC with shit token  ::)
many people got scammed BCC. LOL HYIP on crypto  ???

A lot of people, including me, have been warning about BCC. It was pretty obvious too. Even if you didn't know a thing about crypto or investments your alarm bells should go off when seeing those twats on the stages giving "talks" at crypto gatherings.

many say that the BBC is a scam, but everyone is still wondering, I hope everything is fine, but if anyone wants to invest in ICO, I suggest it to participate in daneel project. For more info, visit their website at www.daneel.io (http://www.daneel.io)

Nobody is wondering, BCC is a scam and is dead as of today. This thread isn't the right place to shill random ICOs without any elaboration either.

I'm sure BCC will never come back. up to now, investors must have realized Bitconnect is really  a ponzy scheme project. It is a bad project. From the start, it is a multi level model. after the upper level has a large profit. they announced the closure, funny

I think BCC is investing very well, because it is very cheap compared to its value. Over a month ago its price was $ 4k

Look at the post just below yours, lol. People are donkeys. There'll be a lot of blood and tears in the future once the crypto market converges to its true valuations and all the hype buyers end up losing everything.

in my opinion, no

because the project is ponzi-like project

it is too risky

Such schemes always worked and will work in the future. A new similar project (may be BCC-2 :) ) will appear soon. But BCC is pretty much dead.

It's just a ponzi coin, if you got in early and sold quickly then you will have made some decent coin. Feel sorry for those who bought late and just tuned in to find everything has been lost. Especially those that invested everything!

of course no. It is just a big scam for the investors. Who can pay for you much profit after a short time? Its price has fallen 90% today and I think you should sell all your Bitconnect now.

No, it is a ponzi scheme and they are already on its exit scam. As of now those who invest in this project are crying because the company stops the commission and they exchange their worthless shitcoin  instead of money to those poor investors.

No, You will holding and trade.
MLM coin should invest from time to time

You should choose trade to be safe
Coin MLM is never safe, when a new coin is the best time to invest

You mean Bit GONE eeeeeeeeeeect??

Never trust these types of scams!!

Its like Ponzi himself rose from the dead to do it one last time.

When ever there is a referral link the way that bitconnect used it, alarm bells have to start going off.... look at those 2 young youtuber Ryan and crypto Nik, they gathered such a huge following and shilled the shit out of their referral links.... obviously it looked good becuase they got a fuk load of subscribers.

After dropping to 97% it's clearly the the whole project was scam. Good time to buy? I doubt it will be pumped again so questions like that should be literally can be answered easily.

There are lots of cheap coins around at the current bloodbath so why choose those who are already in the verge of being a shitcoin.

Feel sorry for those who trust BCC.

Thise that enter the scheme early it is very good investment for them, thisitme last year the ICO was on and I could remeber people asking them for to release the amount they have raised but they didn't

Well, that was the first prove the project was a Ponzi scheme. People should start making their homework better before investing in such kind of projects.

Bitconnect is a PURE PONZI scheme.

It isn't even secretive about it.
I didn't even have to do much research on it all to figure this out.
I just looked at their "exchange" and the lending system they have and its is ridiculously pyramide-like.

If a store is having a going out of business sell, and you can get some things at rock bottom prices, then I would say, go for it!
You will actually use those things.

But if that store is rock store, well, a rock will always be a rock whether it is priced at 10 cents or $1000.

Also, there are so many other coins to buy, so why bother with this one?

if i have spare money would definitely invest in bitconnect because price getting the edge because of team couldn't pay for profit .none of us would know how the market will behave with different good news .

That is the end for those mlm coin. I think so, the mlm coin does not have much application in life. Only based on ponzi model to develop the system. This pattern will collapse. Sooner or later

The good news is that BitConnect collapsed and that stupid money has now learned a very painful and very valuable lesson for the future.

When something is dead, 97% discount is still too expensive, Lol. It was a Ponzi scheme, it has been said countless times here in the forum, now it has been halted and I don't think it will resurrect. Of course, if you believe in resurrection so much...

Invest and you will no longer be a BTCMILLIONAIRE.  This project has had a bad reputation since the beginning.  It had a cult like following and now the followers are being burned.  Even with the current massive price drop, it can go down even further.  Buying now is like buying bitcoins on mt gox for $100-200 before it closed down permanently. 

so many bad news today!
i've been in Bitconnect and it seems not good right :(
god bless all of us...

An assets that loses about 97% of it values should not be something one should invest in. I think the right things to do is to hold until bitconnet teams open again. I am seriously surprised about what has happened as many coin  get dump about 50-80% this year alone. It is something we should be worried about as I think 2018 post a serious danger to crypto currencies.

I think I agree with you that I've also read some posts about bitconnect they made a the coin that kind of some scam and as my friend suggest to me that don't try to invest its hard to be their partners that's why I stop myself to invest to them.

Yes it is a good investment for the people that wants to waste their money bigtime,just kidding bitconnect was a ponzi scheme from the start only people who doesnt do research will be the victim of this scheme.

As a fellow investor I feel sorry for all greedy people that become preys for these ponzi scam coins. We should not show hatred through these people( been scammed myself by several exchanges ).
Nothings feel good about been scammed so someone else can profit. We should not show hatred to those people but instead help those in need and keep this forum and post updates regarding these kind of things. As our community in crypto grows bigger at lot of people that are desperate and greedy to earn fast money. We see alot of people promote these scammy things just to earn money through people that have earned hard and are new to this. We as veterans have the responsibility to help and show that we are a good community.

Be sure to look up your facts and investments before trusting some unknown person on the internet. Would you trust a stranger on the street that are promoting something that seems to good? dont you become suspicious? I bet you would, there is no different here.

Agree with you buddy. With bitcoin and bitconnect rising in value in recent times, so many newbies rushed and invested into these coins without thinking too much and now they are scared seeing how their values have fallen due to the Korea ban. The thing that they have to understand is that they should be ready to lose all their money due to the extreme volatility of this market.

Bitconnect lending platform was never sustainable in the long run which is why I never deposited a single dollar into their exchange while the coin itself had some value. Currently, I still feel that the coin possesses value if the developers and community members support it regularly.

BitConnect is a Ponzi project and surely this will be a scam. I heard the news that BitConnect is really a Scam. lol

They all claim it as a ponzi because it's really awful to see how its market value had plunged so deep like almost 100% loss. But now, it started to rise again from 5$ to 30$ and i think somebody still believes in this currency.

it's a scam, just get away from it...

It's a total scam and I feel sorry for those people who are convinced and attracted to join and invest on it in the latter part. I have also read a post on reddit that he's totally scared of his wife because he chose to invest on bitconnect with approximately $45,000 with just a single blow. That's quite a lot of money and they really think that it's a legit one. I don't know if they didn't get any noticed or warned about that scam. They are now shutting down and it has been part of their plan to close since before.

In this irrational market, everything is possbile. i see now that the price went to 42$ for BCC...

I think bitconect is ponzi so it's bad choice for long term investment. Now you can see bitconect price falling down after one year launch maybe will shut down.

they are now many videos uploaded that they loss their money because of bitconnect scam, but if you want to make money with bitconnect just do a short trade not recommended for long term investment.

68$ now. So who bought at 6$ yesterday?))

Haha. The BCC is now ending leaving its investor a headache claiming their funds. I wonder if the closing of BCC affected the market rundown of all the coins?

Cryptocurrencies gain their values because they are popular and many people are investing on it. BCC lost its very foundation, trust! Many investors for sure have lost their investment with its downfall. Now with a negative trust rating, I don't think any serious investor is gonna jump into it again. It may be popular for now due to its very low value. All its new investors right now are into the opportunity race as to who gets first anybody's investment.

Bitconnect is the very successful pyramiding scheme in the world of cryptocurrency. That pump that happened in the price before was cause by the new traders or new people in crypto that was hype because of its good returns and because of the trend in bitcoin. And for me now even the price dip very hard I will not risk of buying. Without a platform a coin will never go up again. And also with the news spreading now that they are scam and I think this is just their exit plan.

I heard bitconnect is creating a new ICO project. If they cannot be trusted, which I think they are then handling a new ICO will surely not work. The new ICO project of bitconnect is BCCX.

I can almost guarantee you that the same dweebs will throw money at BCC again, even after they just got outright scammed by them.

I heard that Bitconnect is a scam because of BCC dropped operation. Futhermore the price is going down. Hard times. I actually wouldn’t invest in Bitconnect. This is obvious thing that coins is not worth it.

It was obvious that BCC is a scam way before it ceased operations. It was just a matter of time before it collapsed on itself.

No, it's not like there's some product that can be resurrected, it was a ponzi scheme and everyone knows that. Even now those people who somehow didn't know that and invested are now aware it's a ponzi scheme, it will never resurface and thankfully so.

In my opinion was more than proven the situation of BitConnect after a long time was unmasked the pyramid system, it is up to each of us whether we should invest again or not.

I was gonna say ;D 

I am not sure if you are serious or just kidding!

If you are serious, do not do it at all. BCC and all it's sibling are gone forever (hopefully).

Everyone has a wonderful opportunity to get in now, while the price is low, and before it's leaders go to Prison.   ;D

Nah, just taking a jab at those who actually believed in BCC despite all the red flags.

Bitconnect is a well crafted ponzi scheme that deceive the uninitiated. What value and product does Bitconnect is based on? Is in not crypto currencies? In crypto do you have a certainty of profit? NO. So if Bitconnect makes claim of profit percentage. You shouldn't buy it.

wtf! Who are those people who are trading it now?

I think it is the stupidest thing someone can do right no. It has been proven that Bitconnect is a ponzi scam. When you own more than 90% of all the tokens it is clearly something bad. They run away with all of the money and now they keep saying excuses until the people are going to forget about them. That is the strategy of all the scams and they are never going to come back and pay everyone because that would be crazy.

Bitconnect token will slowly go dowm in price until nobody is going to use it because the team behind this project owns 90% of the tokens.

Monkeys

I have never invested in BitConnect. I had my doubts way back and decided to pass. Now, so many people are saying it is a Ponzi scheme, so I just don't see how can you trust this project and buy BCC.

People who deserve to lose apparently. Really there's no excuse for it right now.

How come they can still do trading if their coins have totally failed. They already closed their trading platform yet the coins price is increasing and they continue on the exchange.

I will say FORGET about BCC.
Don't waste money ! It's a scam , save your money and make more by investing in something else.
BCC toke a lot of money from people, that is not a good investment.

I think he fell to his real price, but the fact that he had recently imagined this is just an inflated bubble. Of course, now you can buy it and wait until it again become inflated and then sell))

Don't think that it can be inflated again to previous values. There's a big hole in the fabric :))

People are actually still buying this? After a myriad of warnings, a total collapse and exist execution???

Maybe people want to keep their coins as a novelty? I can't think of any other reason, to be honest. Sort of how rare banknotes are worth 100x their actual worth, perhaps people want to buy this coin to show people later on that they still own it.

The real value is 0. The price is irrelevant.

I feel like you're giving them too much credit. BCC is neither rare nor novel. People are just trying to "buy the bottom" (of a bottomless pit).

Why people are so dumb? They keep believing on things even they have been scammed already? A lot of BCC is still circulating in the market and they are still getting pumped.

I don't think people will think Bitconnect as a Novelty coin. They have scammed their users and probably would not make any good recognition for doing that. Banknotes, on the other hand, have a physical appearance that can be stored anytime.

Does anyone know how to withdraw the funds from the bitconnect? It says capital released but there is no button to withdraw it.. only BCC or BTC

A lot thinks this is a downfall, almost all investors have sold off their coin and have since led to collapsing of the coin. Take a look at the prices of other cryptocurrencies, the value of it has gone down much, however we can not predict what will happen. As of now on every purchase must be somehow...!!!  ;D ;D

In my opinion, BitConnect is not, but this might be. This one looks interesting. I am getting in the ICO today in under four hours. Check it out here: https://monetizecoin.io/5a662e7ae4498
ICO is still only 0.35 cents per coin with a minimum of 50 and max of 200 to allow many people the chance to get in on it. After today's round three, the price goes up to 0.67 cents in round four.

Why people so hate BitConnect? I read a lot of bad comments

Bitconnect already lost its value but if youre an expert trader, its still good to go

The whole it being a scam thing? ;D Do your research!

No, not anymore.
Holders are dumping and selling their BitConnect coins as long as they still have chances and must investors lose money because they trusted BitConnect too much and made them having bad experience through Cryptocurrency investments.
BitConnect is the worst Cryptocurrency in the market and hopefully these kinds of scam crypto will not prosper this year. Never again!

The best you should not invest in Bitconnect because it will soon disappear.

I think what he's trying to say is that it's still possible to make a profit from it, which may be true, but still, investing in bitconnect is definitely not a good idea.

BitConnect is the worst Cryptocurrency in the market and a lot of investors losing their money and investments because some last year BitConnect is one of the strongest crypto but the people behind this coin are scammers and they made nothing but getting people's investment and run away.
BitConnect is the best lesson this really year that no investors are safe on trusting their hard earned money into scam crypto like BitConnect.

wow. Fully agree, that team should be in the jail. Hope other mlm projects still have a chance

A scam can not be a good investment
BitConnect is gone. Don't invest on it.

Never invest in bitconnect , BitConnect is GONE.
Don't lose your money.

I heard that the project itself is shut down and that's why tokens dumped this way. I don't think it's smart to buy altcoin related to dead project.

Bitconect is dropping on the market and I think the day it officially disappears. This coin MLM project has helped leaders make a big income from the market but also took away many of the assets of later investors. I have a bad impression for the MLM project because the profits it brings are so great and unrealistic.

The entity is being shut down by regulators and the founders are most likely going to prison, so I would say it is not a very wise investment at this stage. There really is no future for this project as it was in effect a ponzi scheme

Bitconnect was one of the false cryptocurrencies that allowed few people to get rich, and many people to get damaged. I read that some people are joining in a class action, I hope for the benefit of the cryptocurrency industry that this story is for those looking for easy money...

Always don't believe who promises to pay higher interests in your holdings

Recently I saw some of the scammers who tried to grab money from the people by saying that they will be paying 60% interest on our holdings and those websites are Bitpetite and laser.online
And now they absconded with the people's money and now same happened with Bitconnect. So don't believe these type of schemes

bitconnect is dead now, these pyramid networks only benefit top tier people. and they only run until the're getting new investments, no incoming fund means no lending/pyramid schemes.

Stay away from it, even though there is a large discount don't get baited. Bitconnect is facing multiple lawsuit case already and i think we should even stop talking about it, people might not see what's happening in this company and saw this large discounts in exchanges.

I've read that it might get back up and running.  So if you can buy super cheap it may be worth the risk.  I'm not sure though.

Maybe the problem is not only in the schemes but in the teams? If you're about mlm, I see how it can be interesting for users. Although I agree, we must be careful

I don't know much about BitConnect's profile until such time that i have read news spreading on the internet about BitConnect running a Ponzi Scheme. If i can still remember its graph (not found anymore) on coinmarketcap, it is obviously clear that its market price went down to almost 90%.

I tried to view the coin again today but to no luck i couldn't find it anymore in coinmarketcap's database. Maybe it's true that bitconnect has already shut down (https://techcrunch.com/2018/01/16/bitconnect-which-has-been-accused-of-running-a-ponzi-scheme-shuts-down/).

It's still on CMC:

https://coinmarketcap.com/currencies/bitconnect/

Beautiful crash though.

If you have a lot of money to invest $ 200 per coin then that's great because BitConnect has a good picture and this is the best player as one of the top Altcoin and gives more returns and profits to investors.
Although BitConnect is lowering prices with most of Altcoin but will soon return to stable as most coins increase the value of market capital.

They deserve it I do not know why people are interested in opening an account and investing there. They know what will happen if they follow such an investment. BitConnect leader should be rich right now.

I have never been interested and researching for BCC, I think you have more experience than me. but, some oblique issues have been widespread about the ponzi scheme of bitconnect.

I see the bitconnect history of marketcap, I think I'm surprised the price is so pathetic. this is a terrible big problem. I think this is really a ponzi scheme.

I think because of what happen to bitconnect no one will invest in that token again so many people crying specialy those who invested at the peak of price. What a shame on the platform.

BitConnect is a scam.
A scam can't be a good investment. So don't invest.

Don't risk your money in a ponzi cryptocurrency :). If you've joined this crypto world for years, I think you can easily know that Q1 of every year is the time ponzi cryptocurrency dead and these coins will never having chance to rise back again of course Bitconnect is not an exception so don't waste your money.

I don't think we need to discuss about BitConnect more. The price has been fall dip. is coin Dead? Maybe
check on coinmarketcap.com/currencies/bitconnect . The price has been touch was $450 on 27 Dec last year only, but now it is undervalued $3.16 only. Many news related about BitConnect are doing ponzi scam could be true.

BitConnect have already lost consumer sentiment and trust, its nearly impossible for them to be back. They would really have to give some legal guarantees this time to get the ball rolling again! I bought 20 BCC at price $40.2 per coin! Now all money go out! All my money is now Zero. Bad luck!!! So, no reason for investing on BitConnect.

it's dead, it's clearly a ponzi scheme.
And other lending ICOs are dead right now, do not join any lending ICOs because they might be scam for sure

better invest in some ICO

You should ask carlos bitconeeeeeeeeeeeeeeect

It was the biggest ponzi scheme in cryptos. Hopefully, the founders get caught.

Yeah the fact that people are still considering it is strange to me.

Shows the importance of research.

bitconnnneeeeecccctttt is ponzi and now its worthless...

A little bit everyone, especially the promoters, knew that Bitconnect was a likely ponzi, but they continued to sponsor it to make money on many people deluded by easy profits. I hope that both the founders, and the main promoters, will be punished

the operations its closing down. I mean it started as investment trading bot which pays off profit if you locked your tokens.

I mean it claimed to be a investment trading bot, no one really knows what it did other than promise returns to investors. Which ended up being a ponzi scheme which paid old investors will money generated from new investors

Bitconnect isn't the technological project: doesn't create blockchains for blockchains and doesn't draft protocols. But according to the rating of coinmarketcap.com his capitalization has reached $646 926 773, and the project surely kept in top-20 on the volume of the involved investments. There is a question: what "reefs" it is possible to face at investment of means into this project? Whether it is a pyramid?

I'm so glad this ponzi scheme finally collapsed, although I do feel bad for the naive investors who failed to notice it was an obvious ponzi & lost a lot of money. Will be interesting to see what happens in that lawsuit against those YouTube Bitconnect shills. 

I've watched so many sad videos of former Bitconnect investors who took out business loans and even mortgaged their houses to invest in Bitconnect. Tragically enough, they ended up losing everything they had. Sooo very sad.