Bitcoin Forum

Bitconnect shut down its cryptocurrency exchange and lending service this week. It's a scam. But, still it is available on the marketplace. Why this is happening? People are being scammed by investing on this.  ???

Yesterday i have seen advertisement of Bitconnect. It will require more time to delist Bitconnect from all exchanges and swithch off ads.

i wonder the same with ripple too

First of all, I'm not here to defend Bitconnect.  I've been calling it a Ponzi since I learned about it.

That said, the only thing Bitconnect had to do to comply with the cease and desist orders are shut down their lending operation, which they did.  I don't think it is in violation of any laws, anymore, so there is nothing wrong with leaving it on exchanges.  From what I've hearing, they are trying to reinvent themselves as Bitconnect X -- whatever that is.

That said, I wouldn't trust these guys with a nickel.  I can't believe people have bid it up from their $8 low, and I hear the Bitconnect X ICO is doing well?  WTF?  They just pulled off a $2.5 Billion con, and now are trying to raise another half a billion through an ICO.  Whatever.  People are gullible.  Reminds of the saying, "Fool me once, shame on you, fool me twice, shame on me."

This is cryptoworld...It is a young ecosystem that is not reguated...I also am wandering sometime why coinmarketcap doesn't delist scams or fake coins...

The best we can do is learn a lot and be responsable of what we do and buy  ;)

Whatevery people think about that, somehow bitconnect try to rebrand to another bitcoin but remember bitcoin is bitconnect and ponzi is ponzi and that will never be changed. just such big ponzi scheme.
I hope the dev could be arrested by doin this shame thing in the crypto. The dev has no money caused by all of their moneh already used to be bought lambo.

Because Bitconnect ponzi scheme has new incoming ICO which is bitconnectX,another lending program i hope these founders and operators would be caught and be hang to death.

Because actually Bitconnect coin is real cryptocurrency that we can mine by self, and only the lending program use ponzi scheme to pay profit the member and network bonus. Bitconnect coin is the same like other mineable coin that has some advantages.

At this moment there are 1469 cryptocurrencies on coinmarketcap. Even if the half of them is dead do you realy think that cmc staff should monitor all of them? There is a lot of garbage listed on coinmarketcap that have 0 volume. As I've noticed they are listing different coins even without having all information about them. If you dig deeper you will find even more shady projects. This is an important lesson: do not trust anyone and always do your own research. What is about real exchanges they probably have theyr rules about listngs. Anyway it is their own reputation.

It's key advantage being it made the founders rich. Perhaps it will survive as a currency, or perhaps just maybe those losses are permanent and the founders are headed to prison

I observed the same thing yesterday and I was wondering if Bitconnect was still in existence but I then realized that it will take time for coinmarketcap to do the delisting from their system since they were paid for it. Let us wait and see what will happen next week.

Ha. This forum needs a like button

I think coinmarketcap should remain neutral and not remove it because it is a ponzi scheme or scam but i agree that trading platform should start delisting this scam coin and also dont allow the upcoming cryptocurrency that bitconnect developers want to release which is bitconnectx to be listed on their exchange. because it is surely another planned scam.

  I think coinmarket should be more clear about what they display. Bitconnect was never a coin and showing on coinmarket as a top5 for so long have been more toxic to the community them the people that make videos on youtube. We should start asking for the automatic removal of projects that are scams

Bitcoinnect is still Crypto so coinmarketcap can not be deleted. I think people should consider Bitconnect as Crypto instead of Ponzi because current BCC can only buy and sell and can not lend. I predict the BCC price may reach $ 200

Because like the saying goes.....  there's a sucker born every day

Hahhahah.. yup, I wonder the same

Bitconnect coin still exists. They have only stopped the lending and internal exchange. It will rise up again.

Because there will a new coin which is bitconnectX,it is in ICO right now another scheme will be born i hope the founders would be sentenced to death.

I buy only 0.2 bitconnect and sold to fast ,maybe buy more when price down.

Some said there other still buy it so they still let it on marketplace.

I guess it take some time for bitconnect to be delisted from these websites. There must be a schedule and notify the exchanges’ users before delisting coins.



Hahaha you guys made my day.

Because there is  upcoming ICOs of the old bitconnect scam,they will just rebrand and re-launch the ponzi scheme that rekt most of the investors.

probably because there is still a trade on the coin and of course there will be the greatness of the coin!

I think Bitconnect is too big and expensive project, to close and deceive everyone, most likely these are temporary difficulties that will soon be overcome.

This may appear to be new to a lot of the coin investors on this forum, those scams happen once in a while.
They use different techniques but still a scam nonetheless. I wouldn't invest in it now or years from now if it's still on an exchange.