It looks like the end could be near for BitConnect. I wonder if they are selling all their BCC grabbing every last bid on their order book? I can't wait for this ponzi to implode, I've been waiting too long now. If only I could have bought those put options...............
If bitconnect have been holding most of their profits in bitcoin, they doubled the USD value of what they started with this month alone. Maybe they will buy an exotic island to celebrate with all the lenders (all expenses paid) for their xmas do
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Bitcoin mining suited to big corporations, individuals can profit in other ways. The platform has one of the largest offline communities compared to other cryptocurrencies, providing education on digital tokens all over the world, including the BitConnect Annual Ceremony Event. In a first for the crypto community, they released a music video album to raise awareness of the potential benefits and opportunities cryptocurrencies afford investors and users. BitConnect has also seen a high adoption rate among cryptocurrency enthusiasts, with one of the highest mining hash rates for Scrypt cryptocurrencies. Various unique aspects of the network that contribute to the adoption of the BitConnect coin include: - BCC has seen an exceptional growth rate, equal or better to that of Ethereum in its first year of launch.
- The Bitconnect Trading Module enables users to trade Bitcoins directly with each other.
- An escrow service team which will act as mediator in case of any disputes and determine an appropriate resolution.
- Quick and easy fiat to Bitcoin trades (and vice versa) through the BCC exchange.
- Trust mechanism guarantees the community stays secure and ensures user protection against fraud.
I'm gonna be fuckin rich! How? By selling whatever shit this dude is taking. I'm sure that shit ain't yet regulated, given that this potent shit is new in the partaking space. You can only change to FIAT if you loan the amount. BCC seems to be stuck at $300 now though so almost like tether haha. You want cryptocurrencies to be regulated?
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I'm not sure if anyone mentioned this but Bitconnect released a whole album. I saw a couple of other music videos they made and thought how many have they got? I think this link shows them all: https://www.youtube.com/watch?v=23Hpcq1ybxY
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Did Craig Grant hack Trevon James for $1million in bitcoin?? https://youtu.be/7O-Jh7cB9e0?t=164 Notice how he says it happened to him a few months ago, but go back a minute from that time in the link and you will hear he said he just talked to his phone company but later says he already upped his phone security three months back after the initial hack.
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The Oxynger one seems to be safe from almost anything. You can also combine it with another to make it 100% secure.
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Good point ! I have found a very intersting comparative test on virtual keyboards safety tested against keyloggers, including those that can capture screenshots on mouse clicks. Please see here : https://www.raymond.cc/blog/how-to-beat-keyloggers-to-protect-your-identity/Some are pretty effective, but not perfect. The conclusion suggests that only those provided with some anitvirus programs are completely safe.. Electrum has its own virtual keyboard you can select in the plugin options but not sure how safe it is. The windows one I thought might be better. The point is not to type the whole password with the keyboard and just some characters.
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I was just wondering about this too. You should also run osk (type it in the start area) on windows to use the on screen keyboard desktop app to make it safer (just type some characters with the keyboard).
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Yeah, bitconnect and ethconnect might be related to MMM but at least it should be able to guarantee the lend amounts and fluked a decent system. Also, Ponzis were legal in Mavrodi's time in Russia until a year ago but luckily he found a trading bot . https://mavrodicoin.com/ this one is just a boring coin with no bot
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Don't you understand that bitconnect are profiting massively from the interest rates they give out? Lenders lose out on the value increase of the coin. Historically, it's been better to just hold on to the bitconnect tokens rather than convert them into USD for the lending. That's what this youtuber refuses to comprehend (like I said once befire, it's due to traumas that they have to believe this stuff and find a scapegoat to survive psychologically to the extent that evidence against what they believe makes them believe it even more, craziness just like when Gleb buys his cross-dressing gear at Alibaba on a meth binge). The lending pays out less BCC than is lent and they can adjust the percentages if the price doesn't go up as fast in the future (they only guarantee 0.25% per day on amounts higher than $10.01k). In times when BTC goes down 20% like now, it can be useful to guarantee your investment using their lending service, but usually it's better just to hold the coins. On another note, Craig Grant seem to now think there is a lending bot again : https://www.youtube.com/watch?v=NOHwcVUgJp4 more words of wisdom
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Just noticed it says Glenn Arcaro is British and born in 1981!
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Gleb, after the glitch, they made an announcement on the bitconnect site that their promoters were going to form a company. You can see some dodgy ones like Glenn Arcaro and probably other ones you recognise: 03 Oct 2017 Confirmation statement made on 3 October 2017 with updates View PDF ( Confirmation statement made on 3 October 2017 with updates - link opens in a new window ) (6 pages) 26 Sep 2017 Appointment of Mr John Bigatton as a director on 26 September 2017 View PDF ( Appointment of Mr John Bigatton as a director on 26 September 2017 - link opens in a new window ) (2 pages) 26 Sep 2017 Appointment of Mr Jean Simon Labreche as a director on 26 September 2017 View PDF ( Appointment of Mr Jean Simon Labreche as a director on 26 September 2017 - link opens in a new window ) (2 pages) 26 Sep 2017 Appointment of Mr Jonas Dumalin as a director on 26 September 2017 View PDF ( Appointment of Mr Jonas Dumalin as a director on 26 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Nontokozo Mamfengu as a director on 18 September 2017 View PDF ( Appointment of Mr Nontokozo Mamfengu as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Glenn Arcaro as a director on 18 September 2017 View PDF ( Appointment of Mr Glenn Arcaro as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Javellana Jonel as a director on 18 September 2017 View PDF ( Appointment of Mr Javellana Jonel as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Binyeegob Muhammad as a director on 18 September 2017 View PDF ( Appointment of Mr Binyeegob Muhammad as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Wolf Jorgen as a director on 18 September 2017 View PDF ( Appointment of Mr Wolf Jorgen as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Kim Jongkeun as a director on 18 September 2017 View PDF ( Appointment of Mr Kim Jongkeun as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Darji Divyesh Dhansukhlal as a director on 18 September 2017 View PDF ( Appointment of Mr Darji Divyesh Dhansukhlal as a director on 18 September 2017 - link opens in a new window ) (2 pages) 18 Sep 2017 Appointment of Mr Nguyen Ngoc Thuong as a director on 18 September 2017
So, now we know they do have a new company and their business model is proven to be sustainable (at least as long as bitcoin still rises in value and doesn't crash - I expect BCC would crash too but the test is whether they can still pay the loans which they guarantee). Ethconnect I believe are the same people behind Bitconnect. It seems suspicious that they needed to raise so much more money on the ICO and how they claimed to be some sort of 'modified ponzi' but I don't see any financial problems with bitconnect at the moment. I think they didn't expect their system to be so successful and it was just a fluke they ended up profiting so much by introducing their own coin and controlling the market and price due to their massive reserves (so are not a ponzi).
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It wasn't too bad considering..... by the way, this guy was slagging off bitconnect not long ago and now he seems to have dropped regal instead lol https://www.youtube.com/watch?v=CpAWEcVRrBI but he is saying chain group and usi tech are not HYIP?
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The Bitconnect genius, Jrevon Tames, admits that he doesn't know what 2FA is: https://www.youtube.com/watch?v=kXm7zv14QbM&feature=youtu.be&t=38Q: Mr. Tames, what lotion do you use to jack off with? JT: I don't want to tell how I'm doin' it or else the price per bottle will go up due to all my subscribers startin' to buy it. Prior to gettin' rich off Bitconnect, I used to spit in one hand and jack off with both hands, switchin' from wet to dry so to pretend that I'm fuckin two dudes. What happened to Elektra? I missed it but apparently many people invested and you scared them away lol (also you seem to be the registered domain owner for some reason now : http://whois.domaintools.com/elektracoin.com ) I saw a Trevon video where he shows he's got $1million dollars worth of bitcoin and also $1million earned on bitconnect with just $200k of investments so mostly referrals (he also said he earns $1000 PER HOUR that keeps pooping up into his lending wallet!). He also has a couple of thousand BCC coins worth half a million plus! So why you so upset if everyone makes so much money on it?
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It was totally a scam from the start. Gleb exposed lying about the dev team at the beginning and this was also a lie at the bottom of the website: Crypto Base Ltd Company No. 10825810 London, WC2A 1LF is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, for the issuing of electronic money transfer.Do you really believe he intended to bring out a Visa card too? Crypto Base Ltd I’ve completed searches on the Financial Services Register which is a public register of the firms authorised by us and I've found no record of Crypto Base Ltd as being authorised by us. This means that you would not have access to The Financial Ombudsman Service in the case of a dispute with an authorised firm or the Financial Services Compensation Scheme (FSCS) in the event an authorised firm is declared bankrupt or insolvent for example.
Doesn't anyone care they lied about this? Nobody cares bro. Don't try to speak for everybody, speak only for you. Say that you are not interested, but not that anyone is interested.. All the investors so far have been scammed... or tell me what do you have now?? Where are your BTC? Where are your BTBcs shitcoins ..? on their platform that no longer exists ..? Please, grow They don't regulate cryptocurrencies but this is what they wrote recently: Thank you for providing further details and the archived web address. I've looked at the website and can see that they say they are authorised and regulated by us for electronic money transfer. I've checked our register again as my colleague Andrew has done and cant see any details that this firm has been authorised and regulated with us.
Unfortunately fraudsters and those looking to scam people may use information that is untrue to try and seem genuine to consumers. As previously mentioned our register provides details of the firms we regulate and you should check they are listed before dealing with them. You should also use the contact details we provide on the register as this will make sure you only deal with the genuine authorised firm.
I refer you back to Andrew's response regarding your next steps and reporting this to Action Fraud. I'll pass the details you've provided to the relevant team for consideration. Please be aware that we are restricted to what information we can share and won't be able to provide updates or feedback to you.
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It was totally a scam from the start. Gleb exposed lying about the dev team at the beginning and this was also a lie at the bottom of the website: Crypto Base Ltd Company No. 10825810 London, WC2A 1LF is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, for the issuing of electronic money transfer.Do you really believe he intended to bring out a Visa card too? Crypto Base Ltd I’ve completed searches on the Financial Services Register which is a public register of the firms authorised by us and I've found no record of Crypto Base Ltd as being authorised by us. This means that you would not have access to The Financial Ombudsman Service in the case of a dispute with an authorised firm or the Financial Services Compensation Scheme (FSCS) in the event an authorised firm is declared bankrupt or insolvent for example.
Doesn't anyone care they lied about this?
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Market capitalization swept back drastically from 2 Bn to 600 Mn, It's quite troublesome. I am sure that the dev is modifying the stats. I see that vindee who used to manage the stuffs is not even online on skype since month, i am sure it is about to exit scam.
Modifying the stats? The market cap is based on the circulating supply. The bitconnect website has an even higher supply and market cap than coinmarketcap originally had as they use the full coin total. Coinmarketcap decided to change the circulating supply on the same day it was comfortably in 6th place above Dash.....hmmmm By the way, has anyone thought that bitconnect is helping bitcoin gain in value? Maybe bitcoin would not be growing so fast if it wasn't for bitconnect. I have a background in mathematics so I should know if it is a Ponzi or not. They have made ridiculous amounts of profit so far. As long as people are willing to buy BCC, it cannot fail. There is always incentive to buy BCC and share the rise in value (lenders lose out on the gain on the coin so these rates can be adjusted accordingly by bitconnect). Yes these bubbles will burst eventually, like every modern economy but this is not a ponzi. Only the coin holders will lose out and the lending amounts will be safe. It will carry on as normal, with the coin holders licking their wounds etc. The lending amounts don't even need to be paid straight away (and it is always in BCC tokens which they have tons of). Can you imagine if everyone asked for their money from their bank at the same time? P.S. I also think that by now they must have worked out how to profit on their internal exchange using their inside info etc.
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This might explain it: https://bitconnectexplained.wordpress.com/2017/10/12/bitconnects-partnership-with-uquid-get-your-debit-card-now/Update 10/26/2017: Official info first hand: Cards’ ordering is currently blocked. Uquid is finalizing the deal with the new cards’ issuer – mastercard. New cards will be available in 2-3 weeks time. Uquid will directly inform all users when the card is available. Next year the card will most likely be also available in the U.S.. They’re also checking, if there is a legal possibility for one person to order a couple of anonymous cards.
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Bitconnect's debit card product DOES NOT EXIST. Do not deposit money into bccpay.co!!! Bitconnect claim a partnership with Mastercard for their debit cards but this is confirmed to be untrue. Check out this email from a Mastercard VP Brian Gendron. https://www.linkedin.com/in/briangendron-pr/Screenshot of email =====>>>>>> https://ibb.co/eR3UtGBCC are taking deposits on 1st December. This is the exit time people. Theres a reason Bitconnect ask you to deposit BTC before they send you the cards!! The cards don't exist. You have been warned!! So, when is MC sending a cease and desist letter to Bitconnect in forcing them to take down that site? Just a matter of time now that they have been informed. I can't believe how paranoid people are and that they could so easily find out it was a scam if it really was one lol. Didn't anyone see the conference when the guy talked about the partnership with Uquid for the card? Are you saying Uquid is a scam too and doesn't exist?? Saying that, Uquid seems to be a Visa card although it doesn't stipulate this on the website.
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It was totally a scam from the start. Gleb exposed lying about the dev team at the beginning and this was also a lie at the bottom of the website: Crypto Base Ltd Company No. 10825810 London, WC2A 1LF is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, for the issuing of electronic money transfer.Do you really believe he intended to bring out a Visa card too? Crypto Base Ltd I’ve completed searches on the Financial Services Register which is a public register of the firms authorised by us and I've found no record of Crypto Base Ltd as being authorised by us. This means that you would not have access to The Financial Ombudsman Service in the case of a dispute with an authorised firm or the Financial Services Compensation Scheme (FSCS) in the event an authorised firm is declared bankrupt or insolvent for example.
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