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Title: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Levieth02ng on January 20, 2018, 03:22:11 PM http://stockemperor.com/currencies/bitconnect-exit-scam-suicide/
holy **** Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: rezurect on January 20, 2018, 03:25:04 PM So many warnings, so many signs. What were these investors thinking?
Many of us saw it coming, still feels bad for them though. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Milletsky on January 20, 2018, 04:06:36 PM I think this is their exit scam by means of using this kind of issue to fabricate stories.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: taongam on January 20, 2018, 04:10:47 PM Everyone knew Bitconnect is a Scam. Literally everyone. The people who fell for it didn’t do any sort of research. Like not even the most tiny minimum. We all knew it will fall apart. No surprise there.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: TwSeventh on January 20, 2018, 04:13:25 PM what do you expect from pyramid or ponzi scheme ?
giving a reward based on their capital ? it reminds me to my old experience, back then people over hyped it and it's gone a few month later. learn from your mistake and learn from others, it's not the first time we're seeing this kind of project or service or whatever we called it. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: fitzzz on January 20, 2018, 04:42:34 PM this is the cancer of cryptocurrency and even everyone knew this kind of ponzi scheme are going to scam later other patronizing it because of hype and wanted to profit easily. all should do DYOR before investing hard earned money..
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: alan2here on January 20, 2018, 04:47:51 PM Early entrants will surely make a profit and all subsequent participants will suffer tremendous losses. I think every game will end and the money goes from one hand to the other. It is best not to trust lending as it is very dangerous
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: cryptohunter on January 20, 2018, 04:54:01 PM same coming for all these over inflated icos with nothing to offer except a white paper
go for projects with REAL functioning software that has a use case outside of a ponzi .... then you have your value locked in. |Dont think having a huge inflated cap will save you. However they will not be able to cash out that much certainly not 2.5bn Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Wingo on January 20, 2018, 04:56:06 PM http://stockemperor.com/currencies/bitconnect-exit-scam-suicide/ holy **** Clearly a planned scam from the very start. The bubble popped and they cannot contain it. Their promises are full of lies, you can't earn a guaranteed amount daily. Be realistic when investing your money and not on scams like bitconnect, they don't even reveal where and how the money earns a daily interest. I saw this from the very start, and even when you do the calculations, you can prove that their promised returns we're all lies. Too good to be true. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: rocky121 on January 20, 2018, 04:59:22 PM Need the regulators to go after these disgraceful ponzi schemes and try to get peoples money back.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: KingScorpio on January 20, 2018, 05:03:50 PM http://stockemperor.com/currencies/bitconnect-exit-scam-suicide/ holy **** i am glad this happened, the market now has its example that huge glamourous coins arent necessary good, this gives air and opportunitiy for smaller projects that need that are serious and product focused Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Furgon Chino on January 20, 2018, 05:05:55 PM It was long overdue honestly
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: tokeweed on January 20, 2018, 05:14:14 PM Read the first comment in this thread: https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/ (https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/)
So f*cking hilarious, I'm laughing so hard right now!!! I mean, I'm not happy seeing those people lose their money, but most of them really do deserve it. Who's stupid enough to take a loan and invest it in a sketchy ICO? Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: stanstan on January 20, 2018, 05:18:15 PM Does anybody remember one similar HUGE scam, named laser.online ? Those guys made half a billion... More of these to come. They cause a big negative impact to the market but there's nothing to do.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: AgatioX on January 20, 2018, 05:18:57 PM Indeed that scam exit is fantastic.
But it was the only project(ok,together with less known OneCoin) where everybody was warned from so many trusted people that Bitconnect is a SCAM and ponzi (Even Vitalik said that). HOW did you people were still investing there and made this ponzicoin on 1st page ??? Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Cryptoguru274 on January 20, 2018, 05:29:26 PM Too bad for many investors who put their money in Bitconnect because what ever story they will give about investors funds would not hold water. Next time would be investors will look for a fully decentralized platform not the lending ponzi stuff to invest their money.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: themaxx on January 20, 2018, 05:31:16 PM Suicidal is a bit of an exaggeration... but anyone who's suicidal over crypto is a darwin award candidate...
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: coinminter22 on January 20, 2018, 05:34:33 PM "Everyone knew Bitconnect is a Scam. Literally everyone. The people who fell for it didn’t do any sort of research. Like not even the most tiny minimum. We all knew it will fall apart. No surprise there."
This exactly! Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: bigvito19 on January 20, 2018, 05:35:45 PM Every year a ponzi scheme will get exposed
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: crptotrader007 on January 20, 2018, 05:37:24 PM This was a known thing that they will be doing an exit scam for sure because none of the pyramid scheme can survive for a long time.
Bitconnect surely did a good thing though by giving BCC to their users which can be traded for BTC. This is the one thing I liked about them. But the coin has no real value since a major dump made it's value reach a single digit number. Despite of this Bitconnect is still planning other things like the BCCX ICO. Who knows what's gonna happen to that coin in the future. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: uszaty43 on January 20, 2018, 05:38:20 PM They all are dumbasses, that is the only answer my friend. They have been warned a lot of times, even before the exit scam. They just did it because they wanted to do it.
And i saw that one guy invested all his life savings in there. So many warnings, so many signs. What were these investors thinking? Many of us saw it coming, still feels bad for them though. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: SilverCoin300 on January 20, 2018, 05:38:40 PM It is not the only one. Other cryptos are going to fall for being the same ponzi crap. Many people knew what Bitconnect was and still invested. Look how many new icos have popped up that is similiar to bitconnect.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: BlueYozakuraBTC on January 20, 2018, 05:50:23 PM What they did was dirty and giving them BCC tokens like "ooh sell our trash since we got what we really wanted out of this aka BTC" BYE......
If they wanted to be fair they should have just given them their BTC back. Cruel as hell but I have fallen for the promises of ponzi's before because when you see the large balances of these people you think well why not me right? I have to say this one was the biggest I've seen in a long time. Also did you watch some of the youtubers that were promoting this? I found them to be insensitive with a " well people that weren't educated didn't do the research" etc etc. I was like wow seriously? Why don't you just spit in their face while you're at it? I remember just a few weeks ago I saw an ad for bitconnect where this somewhat giggling woman had put over $200,000 in and she wasn't even making any real money back yet. I was thinking OMG if this thing falls apart soon she's so screwed. The guy that clearly promoted this to her was all smiles with his ref commissions. She's the first person that popped in my mind when I saw the news like wait that was just a few weeks back she put that in? What the hell is she going to do now? Hope she files some immediate fraud claim. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: KingScorpio on January 20, 2018, 05:54:58 PM Read the first comment in this thread: https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/ (https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/) So f*cking hilarious, I'm laughing so hard right now!!! I mean, I'm not happy seeing those people lose their money, but most of them really do deserve it. Who's stupid enough to take a loan and invest it in a sketchy ICO? i am happy actually, ponzi schemes like bitconnect, will help smaller cryptocurrencies to get attention, Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: randythered on January 20, 2018, 05:55:31 PM They all are dumbasses, that is the only answer my friend. They have been warned a lot of times, even before the exit scam. They just did it because they wanted to do it. And i saw that one guy invested all his life savings in there. So many warnings, so many signs. What were these investors thinking? Many of us saw it coming, still feels bad for them though. They acted out of greed and in life when you do that you will often end up getting burned. It was never as if bitconnect were simply going to give up the money that they'd so effectively fleeced. You could be sure the owners would be leaving with a big slice of the pie. I hope that authorities can track them down and bring the justice that should be served but if they have any sense or know how they'll have put already a large chunk of that money towards new identities and now be off the grid somewhere. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: KingScorpio on January 20, 2018, 06:02:37 PM They all are dumbasses, that is the only answer my friend. They have been warned a lot of times, even before the exit scam. They just did it because they wanted to do it. And i saw that one guy invested all his life savings in there. So many warnings, so many signs. What were these investors thinking? Many of us saw it coming, still feels bad for them though. They acted out of greed and in life when you do that you will often end up getting burned. It was never as if bitconnect were simply going to give up the money that they'd so effectively fleeced. You could be sure the owners would be leaving with a big slice of the pie. I hope that authorities can track them down and bring the justice that should be served but if they have any sense or know how they'll have put already a large chunk of that money towards new identities and now be off the grid somewhere. in cryptoeconomics there is almost everything greed driven, but communal / communist "authorities" dont really care about cryptoeconomis, they are actually not friendly about it. because many judges and lawyers earn their bread from long term established stock systems. regulated financial systems, now crypto shows up taking a bow around them, the judges, the parliaments, and the police, basically was bribed by the banksters, and run by them, the banksters abused the police and judges as the registration and licensing system, and they paid the others in reward handsomely, now lets see the reaction. nevermind we might still see the us state social system mutate into a neocommunist one Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: phelbaby on January 20, 2018, 06:13:45 PM I think all is not lost,at lest investors are giving BCC in exchange to the coins,in future when BCC is valuable investors can still make out what they invest, but this will be a longtime investment.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: johstacy on January 20, 2018, 06:15:49 PM Yes, it was a very competent scam in my opinion. Those who managed to get out of the project early, but were a participant from the very beginning they earn not bad money. Of course the rest are simply at a loss. Now there are many projects that copy this financial pyramid. But they are even more impudent and do not give to earn even to those who buy tokens on ICO. They just do not betray them. They just take the money and that's it. Do not want easy money, it's better to stay away.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Bytem3 on January 20, 2018, 06:18:06 PM I have been warning them for a long time but as long as they saw virtual money coming in no one cared.
Here's an article covering it: https://coincodex.com/article/1195/bitconnect-has-completed-the-exit-scam/ Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: KingScorpio on January 20, 2018, 06:55:41 PM I think all is not lost,at lest investors are giving BCC in exchange to the coins,in future when BCC is valuable investors can still make out what they invest, but this will be a longtime investment. it wont be valuable if there is no substantial leadership behind it, and there is none it was just made to scam others for short term gains Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: European Central Bank on January 20, 2018, 07:09:55 PM the writer really, really should've figured out long before now that market cap is an empty figure.
no doubt they made out with a bunch of money. it was never anywhere near the billions. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Headachez on January 20, 2018, 07:27:52 PM They may have exited but they are actually back and are getting ready to do it all over again. They're website is back up. They are now pushing their new coin.
Quote Dear community members, the current BCC price drop is the direct result of us releasing all of our members coins at one time. We will do our best to honor the value of BCC as close to what it has been holding during past several months. At this time, we are closing the lending platform only. The BCC Exchange will work as usual from tomorrow and the wallet service will remain operational to hold your BCC on the website. https://bitconnect.co/system-news/95/bitconnect-update-regarding-the-changes-to-lending-and-exchange-functions/For next 10 days we are allowing members outside the U.S.A, to participate in the BitConnect X ICO with BCC at $150. This is to support existing coin holders and give the BCC coin some initial stability after these recent events. We are launching a new, superior system as an exchange that will support several cryptocurrencies as soon as possible and BCC will be listed immediately. BitConnect Coin are limited in supply to 28 million and there are currently only 9.6 million in circulation.This scarcity of supply should create a market demand, with help and support from the community, once this new exchange begins operation. We still expect BitConnect coin (BCC) to gain its value back and you can hold your coins in the website wallet or transfer them to a QT wallet. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Crypington on January 20, 2018, 07:36:26 PM Is there a single (former) Bitconnect “investor” that can honestly say they were not warned about this Ponzi scheme?
Not that I’m saying they should not seek legal remedies, or we should blame the victims, but use your heads, people. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: crimsongoth on January 20, 2018, 07:39:14 PM I see people who invest in this style as gamblers. People who used to get conned to bettors are now losing money to scam coin creators. As I always said, if you don't know anything about something, you shouldn't invest in it.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: KingScorpio on January 20, 2018, 07:48:36 PM the writer really, really should've figured out long before now that market cap is an empty figure. no doubt they made out with a bunch of money. it was never anywhere near the billions. well i am telling it all the time here that the marketcap is an empty multiplication and the worst indicator for a currencies support, unfortunately it is used for ranking and marketing. But the stupid speculants just use that term but in truth have no idea what they are talking about, Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Dhruvv1 on January 20, 2018, 08:10:04 PM Most people are well aware of how BitConnect is a major scam. While the project may seem dead and buried, that is not necessarily the case. In fact, the BCC currency can be used as a way to buy into the BitConnectX ICO later this year. It is evident this project should be ignored by everyone who has any common sense whatsoever. Similar to the BitConnect Ponzi Scheme, BitConnectX will only cause financial loss. :o
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: anahata on January 20, 2018, 09:34:15 PM Most people are well aware of how BitConnect is a major scam. While the project may seem dead and buried, that is not necessarily the case. In fact, the BCC currency can be used as a way to buy into the BitConnectX ICO later this year. It is evident this project should be ignored by everyone who has any common sense whatsoever. Similar to the BitConnect Ponzi Scheme, BitConnectX will only cause financial loss. :o It will similar to NXT>Ardor>Ignis saga. Every year they come up with new crypto, which can be freely get if they hold the older one. People buy for free coins, prices go up. And then big dump comes. They deserved to be burned. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Puyol on January 20, 2018, 09:41:04 PM Ponzi's projects are harming the community in my opinion , because of this one of my friends didn't invest in cryptocurrency. people are scared to lose money...
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: muhdatha on January 20, 2018, 09:50:22 PM http://stockemperor.com/currencies/bitconnect-exit-scam-suicide/ holy **** What did they waiting for? It's absolutely immoral ponzi scam. I know that same scam projects feel free in emerging markets but very strange to see this results in USA etc Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: 000JC88 on January 20, 2018, 09:58:56 PM http://stockemperor.com/currencies/bitconnect-exit-scam-suicide/ holy **** lol ok bitconnect was not a scam, was a coin that suicidal people invested to have a reason to kill their selfs. Seriously , people got what they deserved Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Mahanton on January 20, 2018, 10:04:37 PM Read the first comment in this thread: https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/ (https://www.reddit.com/r/Bitconnect/comments/7qx0kv/im_literally_shaking_this_cant_be_happening/) They do really deserve it because it has being warned or do tell people to this forum not only 10x 100x but i do believe 1000x being mentioned here about this obvious ponzi scheme coin but people let their greed overcome them and do decide to invest and for those who go all in then for sure suicidal attempt would really be possible even myself wont know on what to do if i do lose up my house,all of assets because of going all in and taking up some loan just to invest.So f*cking hilarious, I'm laughing so hard right now!!! I mean, I'm not happy seeing those people lose their money, but most of them really do deserve it. Who's stupid enough to take a loan and invest it in a sketchy ICO? Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: 2stout on January 20, 2018, 10:21:28 PM Not to be outdone and to continue their scheme, they are launching an ICO- BitConnect X. From what it appears, a token will be $50 and 2 BCC can be exchanged for 1 BCCx and on top of that the ICO is on fire. What's that old saying- Fool me once, shame on you; fool me twice, same on me.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: FrueGreads on January 20, 2018, 10:42:54 PM The blind and mindless rush of people for the so called easy profit leaves me speechless. Ponzi schemes are not new, and they all follow the same rules: promises of steady profit (0.5%, 1%, 2%, etc, daily profit) and a referral program. I think most people are aware that those who get in quick normally get the profit if the scheme goes well, and the last ones will get burn. I think people entering ponzi schemes and leaving with profit should also be held accountable and their money should be held. Maybe if people that are participating in these programs were also considered "criminals" maybe they wouldn't do it again. If there are no clients for these things, maybe they would disappear.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: RieraMusic on January 21, 2018, 03:43:29 AM I noted it was a exit scam when I saw the interview in youtube, when the asian guy was drinking some kind of licour and the blonde girl look so nervous. They already now at that point that bitconnect was about to crash and they lied to the world saying that those were only rumours and the platform was working without problems. The bitconnect X was a scam, probably to have some money to pay the users and avoid prision. Im not sure but im sure they already knew all this was happening. They are scammers! >:(
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: cryptoatomic on January 21, 2018, 05:11:52 AM We have been warned,people are so greed to still invest in a ponzi scheme now the consequences are now showing,lots of people lose.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: anahata on January 21, 2018, 03:59:35 PM Moreover it's having wide spread panic in the market too. Good projects with years of hard work will bear the burnt. And they don't deserve this at all. I have always looked for projects that ha something promising to offer tech wise, and there is real development backing it.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: tokeweed on January 22, 2018, 12:29:30 PM Not to be outdone and to continue their scheme, they are launching an ICO- BitConnect X. From what it appears, a token will be $50 and 2 BCC can be exchanged for 1 BCCx and on top of that the ICO is on fire. What's that old saying- Fool me once, shame on you; fool me twice, same on me. Wow seriously? Those scum will have to go to jail. This is the sort of thing that forces the Feds to act and regulate the space. I hate it as much as the other guy but the way things are going, we are gonna get a whole lot of regulations. Crypto for trading is gonna suck. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: randythered on January 22, 2018, 07:58:25 PM They all are dumbasses, that is the only answer my friend. They have been warned a lot of times, even before the exit scam. They just did it because they wanted to do it. And i saw that one guy invested all his life savings in there. So many warnings, so many signs. What were these investors thinking? Many of us saw it coming, still feels bad for them though. They acted out of greed and in life when you do that you will often end up getting burned. It was never as if bitconnect were simply going to give up the money that they'd so effectively fleeced. You could be sure the owners would be leaving with a big slice of the pie. I hope that authorities can track them down and bring the justice that should be served but if they have any sense or know how they'll have put already a large chunk of that money towards new identities and now be off the grid somewhere. in cryptoeconomics there is almost everything greed driven, but communal / communist "authorities" dont really care about cryptoeconomis, they are actually not friendly about it. because many judges and lawyers earn their bread from long term established stock systems. regulated financial systems, now crypto shows up taking a bow around them, the judges, the parliaments, and the police, basically was bribed by the banksters, and run by them, the banksters abused the police and judges as the registration and licensing system, and they paid the others in reward handsomely, now lets see the reaction. nevermind we might still see the us state social system mutate into a neocommunist one While you're probably right right now, the thing to realise is that there's so much money within crypto that all of the 'elite' are going to want a slice of the pie, suddenly they can regulate things etc and that gives them control over the money within crypto. There is no big industry that they will not be interested in, wherever there is money to be earned they will follow. Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: munareal on January 22, 2018, 08:04:39 PM This is not good at all. This is the reason why we need regulations an KYC in the crypto world .There should be way to trace this fraudsters and they should be bought to books.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: bpt1310 on January 22, 2018, 08:07:30 PM This seemed like an obvious ponzi when I first researched it months ago. I can't help but think most people knew this but were going to gamble anyway.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: rbt on January 22, 2018, 10:01:01 PM Lately I`m seeing many people jubilating about the crash of Bitconnect, but we should be aware about the fact that kind of projects gives crypto a bad name and in the long run it can affect us all... also, it scares me a little when I realize how how many people invested in this kind of project, even if so many reputable people gave clear warnings.
Title: Re: Bitconnect performed exit scam with $2.5 bln and investors are suicidal Post by: Dujeff3300 on January 24, 2018, 05:26:48 AM Bitconnect is a shame on cryptoworld. I hope this kind of crypts will be eliminate in the future. So much lost to those people who wants to earn big time. Losing money is really bad experience and will cost you anxiety and life discomfort.
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