Who are these new people posting? I saw that vid on reddit too but he obviously doesn't understand how it works. Bitconnect doesn't care if people start withdrawing their deposits as they are all covered. When people withdraw at this time, both the investor and bitconnect will have made profit (people put in more BCC than they get out even including all the interest when lending because although they have increased their capital amount in USD it is less than they would have got just holding their coin). Bitconnect are sharing the profits from the coin increase with those lending and only the coin holders should have any risk if they set it up correctly. By the way, I just saw some video with this guy: https://www.youtube.com/watch?v=nucXgUQcsoo and it was incredible how he was getting like $200 an hour almost coming into his lending wallet from other people depositing lol What I find more incredible than Leroy "Honestly" Fodor quoting Joshua Zipkin in proving that I'm a scammy ass - not to be trusted in this space - is you linking to a Trevon James vid with the intent of giving BitConnect cred. To be fair to Mr. Lames, you know he's hit the big time when they start making parodies of him: https://www.youtube.com/watch?v=6MNwMqZ3FAE |
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Please PM me if you're the dude who maintains that YouTube channel. Bruno |
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Not to put salt in anybody's wounds, but if those who filed claims would've already been paid pennies on the dollar, they could've invested it all in BitConnect and become billionaires in five short years.
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EthTrade-cum-Ethereum Plus also have a hand sign. Here's our hand sign:  "BitConnect is not welcome in our neighborhood." |
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https://www.youtube.com/watch?v=sW5O2GUriYY&feature=youtu.be&t=360Tell me if you can find any holes in this dude's story: Dude is a DJ and has a real estate license but his buds wanna know how he makes so much money online. Daily videos showing my passive income investments, and reviews of new Online Income programs like Bitconnect, Questra World, & Aurum Bank. Check out the Passive Profits Series!He tells them. They want in. They give him a U$100,000 to invest. Dude shows his recent US100 investment on BitConnect's platform and proceeds to fund the site a little at a time so not to move the BCC price too much. This, after he converted the U$100K to BTC, by what means, who knows. In about a day, the newly created account is funded, and he's about to hit the invest button on BitConnect. But first, he needs to read the ToS, thinking it prudent to do such prior to submission. He also thinks it's prudent for his investors to read the ToS so that they know what they're getting into. <link above is for this point in the vid> All investors agree and it's a go. Click. Aaaaaaaaaaand it's gone!
So, are you telling me that some investors gave this yo-yo a hundred grand where nary a one of them read the ToS? According to this yo-yo, he didn't even read it when he supposedly sent his personal initial hundred bucks. Then after reading it, they still let the investment go through. Here's his course: http://urbanschool.com/course/mixing-mastering-supercourse/
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Personally I think the man behind the company is Yuris Prasetya, a known ponzi scammer. Bitconnect has admitted he's part of their team and he used to promote OneCoin, another massive ponzi.
Nailed it!https://www.linkedin.com/in/yuris-prasetya-a6395944/ "Come to BitConnect, BitConnect is fun, come right now, don't walk - run!" |
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Gleb I know you posted about this a lot and I probably haven't read most of the earlier posts but bitconnect always advertised variable interest up to 40% per month. I already showed how sustainable it is so that they can take profits during up days to pay for the down days. They were actually profiting from the lending system and not losing money, simply from the growth of the coin value. If the growth slowed they would have accumulated funds as a reserve. They also had lots of BCC coins reserved too gaining lots of interest. The affiliate program was actually paid for by the staking interest built into the coin since lenders have to give this growth up to bitconnect so bitconnect can use this to pay affliates. I'm probably not making it very clear but they didn't have a bad business model in my view and it didn't necessarily involve talking money from new investors. You seem happy about their possible closure but what about people who have invested? There was no reason for them to close while they were making genuine profits from the coin demand.
who says they are done?? bitconnect token already passing all these other shit coins like eos and the rest of this crap bitconnect will be back up in a few minutes and back to business dont panic cause of some weirdos running their mouth here on the forum that have no idea what they talking about Captain Weirdo, who doesn't have any idea what I'm talking about, checking in to expose bitconnect-worldwide's sockpuppet --> https://bitcointalk.org/index.php?action=trust;u=923020I dare him to deny it. Bruno PS: I double dare him. PSS: I triple date him. |
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Your reasoning is still flawed. It implies that the only way for Bitconnect to profit is through speculating on the price of their own coin and this is highly risky. Their ads clearly state there is "NO RISK" so if this was a legit company, this is not how they would operate. You are making this way too complicated and risky to operate and ignoring all the obvious signs of fraud. There's no way this can function unless they have an outside source of income, coming from a volatility bot, which they most definitely do not have.
There are more than one registered Bitconnect companies located in the world. I do not know who this UK Fitzsimmons guy is, but he is probably not part of this Bitconnect.
Seeing the angry people on Bitconnect's website isn't helping them right now.
The UK company is actually them. This is from the bitconnect website: Thank you for your interest in BitConnect.
Please use contact form if you have any questions or requests, concerning our services. We would be happy to answer your questions. Enter your details and we'll get back to you shortly.
BITCONNECT LTD
THE PANORAMA PARK STREET ASHFORD ENGLAND TN24 8EZ.
Company Number :10278342.And this is from companies house in the UK: BITCONNECT LTD
Company number 10278342
Follow this company
File for this company
Company Overview for BITCONNECT LTD (10278342)
Filing history for BITCONNECT LTD (10278342)
People for BITCONNECT LTD (10278342)
Registered office address
The Panorama, Park Street, Ashford, England, TN24 8EZ
Company status
Active
Company type
Private limited Company
Incorporated on
14 July 2016
Accounts
First accounts made up to 31 July 2017
due by 14 April 2018
Confirmation statement overdue
First statement date 13 July 2017
due by 27 July 2017
Nature of business (SIC)
82990 - Other business support service activities not elsewhere classifiedFilter officers
Filter officersCurrent officers
1 officer / 0 resignations
FITZSIMMONS, Ken
Correspondence address
The Panorama, Park Street, Ashford, England, TN24 8EZ
Role ACTIVE
Director
Date of birth
June 1978
Appointed on
14 July 2016
Nationality
British
Country of residence
United Kingdom
Occupation
Business OwnerAnd therein lies the rub. From the get-go, clearly BitConnect wanted its marks assured that they're dealing with a "real" company, hence depicting their charter. When it became evident that no such person could be sourced at the given address, the marks then resorted to claiming that's a non-issue with Ken F. being Satoshi-esque. So what if the folks behind BitConnect lied when filling out their charter. Besides, we were all able to register on their platform anonymously thanks to the way they structured their company. It's not like tomorrow they're going to change that aspect and register again under the auspices of a for-real company where they'll have to comply with KYC et al. laws. WAIT, BREAKING NEWS !!! Give an Investard a rope, and hell hang himself. Give an Investard a bunch of rope, and he'll help onboard other Investards so to hang themselves, some even their own German grandmother <looking at you, JetiKnight>. |
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 "There are some very fine idiots on both sides." |
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BigVern got spanked in court, lawyers get paid anyway using liquidated property, everyone else involved enjoy justice and maybe a few pennies each. Yea, quite the punishment. Ok, so Vern gets to run away to china with as much crypto as he can steal and live with his whore. His ex wife gets $250k of the stolen money gifted to her from the lawyers. The employees continued to draw a paycheck from stolen money from the users after the hack The ones paying the settlement and the lawyers... the people who got robbed of course. did I miss anything? Everyone involved made out in the deal expect the people who had money in craptsy. You can order Vern to pay 1 quintillion dollars... he dont care. He is in china. Hes not planning to make the trip back. If he ever decides to come back, his lawyer will file a motion to set aside the verdict due to lack of proper service and the whole thing will get washed away again. By then there wont be any point in going after the cash, as vern will be broke by then... so they wont retry it without a chance of payout.  "I put the gloves on like so, then waited till Paul came home as I hid behind a bush." |
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"Consequently, we are now only suspending the accounts that have negative balances and those accounts that are associated with the members that have negative balances. NB: Account holders that do not clear the negative balances within the 5 days stipulated will have their data published on the platform.In the meantime, the negative account holder's details will be sent to the respective one structure promoters to recover the funds." Very bad move Bitconnect, I wonder how can they get the money back when they do not have any KYC programs. Also threaten people to public their data online seems pretty illegal  LOL I know right, BitConnect is BLACKMAILING to DOX their customers :'D I think they will just use this as an excuse to start banning some big investors who didn't even abuse this glitch so they can keep the ponzi running for a little bit longer before going bankrupt and in the end blame it all on the people who abused their buggy system and not the ponzi structure. FWIW, I have no use for people who publicly blackmail ... Oh, wait! Carrry on. |
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I'm not buyin' it! I think you're the dude who makes love to ducks. FWIW, I just came to this thread to check for something mundane and opted to fuck with you. Later, bud. Bruno |
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And when I could start posting images to threads?
You are a Jr.member, you should be able to start posting images already, the pictures must end with the extension of the image (JPG, GIF, PNG etc.) though otherwise they won't be visible. An example: https://imgur.com/KNKGI56 -- Wrong
https://i.imgur.com/KNKGI56.png -- Correct
Are you aespe on Reddit? |
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Enjoy your million, Gleb  No, BitConnect didn't pay me to hush. BASTARDS! I was wrong, pure and simple. Do I still believe that BitConnect is a Ponzi. NO! Just fuckin with you - DAMN STRAIGHT I STILL BELIEVE IT'S A PONZI !!! Bruno And you simply jump to threads like this from time to time to fuck around, and insult innocent people. Sweet. Hard earned reputation. Look, ASSHOLE, I already admitted to making a mistake which doesn't have a fuckin thing to do with jumping around thread-to-thread in earning a reputation. That said, kindly exit the gene pool before you accidently impregnate a knotted fence post.  "Out here in the west, there's nothin' wrong with
bringin' a bed to your favorite fence post." |
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Enjoy your million, Gleb No, BitConnect didn't pay me to hush. BASTARDS! I was wrong, pure and simple. Do I still believe that BitConnect is a Ponzi. NO! Just fuckin with you - DAMN STRAIGHT I STILL BELIEVE IT'S A PONZI !!! Bruno |
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A standalone post: I concede that REcoin and BitConnect are most likely not affiliated with one another. I fucked up in that regard. Bruno PS: Please don't quote this post.  |
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Hmm, so I looked at the Bitconnect terms of service. Any technological difficulties experienced by the Bitconnect system may prevent the access or use of members virtual currency temporarily or permanently, depending on the severity of damage. So, any technological difficulty gives them the right to permanently prevent access to member's coins. Sounds totally legit. If you say it very fast three times in a row, you'll be returned to Kansas - minus the red slippers. |
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Revisiting this post:Im not promoting a ponzi, Its idiots like you that think it is a ponzi fucking idiot
Hey, since I like you, I'll do you a favor. Here's another venerable outfit that you can get your Oma to invest ALL her pension and yourself to invest in. I already vetted them and they meet all your criteria in being an up-and-up entity - their CEO is anonymous and they use the same content as BitConnect: http://www.peoplehelp.club/terms-and-condition.phphttps://bitconnect.co/terms-of-use/so whats the point ? is bcc still trusted and legit or ? there still much people buying bcc out there
Friend 1: Dude, I discovered that your girlfriend has been fucking a bunch of other dudes for money. Friend 2: What's your point? I still get to fuck her pussy, the sweetest I've ever had. All because she needs to fuck a bunch of other guys to keep our initial relationship happy doesn't mean she's a Ponzi whore. Unfortunately, the fault is in their designer, some designer copy paste stuff from the other website I paid one guy to create a term of service and faq to my site and caught him copy pasting some words on it, he forgot to omit the name of the company where he copy pasted it.
Here's something else found on peoplehelp.club's page: http://webcache.googleusercontent.com/search?q=cache:4N2agksl-DgJ:www.peoplehelp.club/confidentiality-policy+&cd=6&hl=en&ct=clnk&gl=us
That article first appeared on BitConnect's website where other media has quoted its content, crediting BitConnect when doing such.
To be fair, I see how you could not [bit]connect the dots on your own because ... wait for it ... you're a retard!
To be fair, BitConnect started out as a social media/news aggregation site, so they print tons of press releases anyone sent them. Not sure that's an actual connection there. Maybe, but I'm thinking probably not. indeed at the bottom the page you can read this: The published press release on this page should not be viewed as an endorsement by us. The website or company may be unsafe, untrustworthy, or illegal in your jurisdiction. You should do your own research before investing money in any company or website.
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