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It's very easy to trade BTC nowadays dealing with super-bullish cryptomarket.
But when things get less obvious, when price movememt becomes much harder to predict - professional traders will start denuding money from blinded with success newbies
So, it's basically pointless to compare investment instruments without context.
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But what if we take 1 year (or even 2 years) span? Personally I believe (if it doesn't crash  ) that BitConnect Lending with its compound interests can leave BTC behind easily. Wishful thinking. Bitcoin will always outperform Bitconnect. People are using Bitconnect like a crutch. It is more profitable to trade Bitcoin, and you can still apply the compounding interest principle while doing it, without having to worry about a shady company closing shop and running away with all your money. Learn to trade Bitcoin. It is highly unlikely Bitconnect will be around for another two years. But even if they are, just keep in mind that their Risk Disclosure says they could reduce rates if the program nears an unstable condition. Compounding can only go so far with programs like Bitconnect. Bitconnect will become unsustainable at some point, and the people who have been compounding will most likely lose a lot of money, money that they likely woulnd't have lost had they traded Bitcoin on their own. Agree. I compared BCC Lending with "buy and hold" strategy while BTC day trading is more profitable and more time consuming. |
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Many of you say that Bitconnect is ripoff because BTC simply grew up faster. About 1 month ago many investors complained because BCC coin grew faster. But what if we take 1 year (or even 2 years) span? Personally I believe (if it doesn't crash ) that BitConnect Lending with its compound interests can leave BTC behind easily. Chances that it will keep working for 2 years are miserly. But investors had to understand this before participating. |
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So i don't understand about bitconnect card is it exist or it's only site with user panel?
There are two options: virtual card and plastic card; Also there are two types of each: KYC1 Level 1 and Level 2 with different limitations |
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Is the news about legal case in UK true?
I actually also asked about that here yesterday but nobody answered me. Im pretty interested to hear some news about that. Would be happy if anyone with insights could answer. Note that im not invested in BCC, just to make that clear. Im just following how things evolve around this project. |
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If you do a $10010 loan and cash the daily interest out, by day 84 you would have cashed out all your money and are playing with the house money.When people say it is all going to crash down and everyone is going to lose a lot of money, surely it will only be money they could afford to lose and if they cash it out first they don't lose at all.
It really depends on average daily profits. For example, last week average profits are ~0.6-0.7% Also typical cryptoinvestor tends to start with small amount, see it working and then up the ante. That's a natural behavior but also a thief of time because nobody knows how long it will last. So I believe that it's more important to decide how much you're ready to lose, not how much you'd want to earn. |
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Bitconnect is holding your precious Bitcoins, and gives you, compared to Bitcoin performance, ridiculouse small daily interest! But what will happen if BitConnect lives for 2 years and all this time you will keep reinvesting? Compound interest will do its job. So investing in BCC gives you a chance to make a ridiculous profit. Just want to point out that there's no need to compare BCC and BTC investments; Both of these assets have their pro's and cons. |
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Where can I find a trailer of your project?
not sure if understood your question correctly, but there's a short promo video at their official site bitconnect.com |
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3. BBCpay. If BCC doesn't get off the ground, it will cause people to want to withdraw their BTC from the card system. This, combined with increased loan withdrawals could put pressure on the BTC reserves. There is currently no evidence of a card issuer or vendor for BCCpay. Mastercard logos have been removed form the BCCpay.co website. Personally I find BCC pay to be a very strong positive signal of BitConnect's long-term vision. Does it make withdrawals much easier? Sure Do withdrawals unbalance BitConnect? Sure Would BitConnect had planned to release BCC Pay if withdrawals significantly exceeded new loans? Sure thing, no This is why for me it's a signal of BitConnects steady position and ambitious goals. Also BCC pay is exactly what they promised to create in their roadmap. |
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How to change the sponsor in bitconnect ?
If you already entered a sponsor, there's no way to change it. If you registered without any sponsor, you can always add him on your profile page. |
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Well, you are a straight man with no fear, maybe it's good. But are you sure that the coin is still alive after 2 years? Of course I'm not second-sighted. No guarantees here. But here's one thing that keeps me restless: I was very serious to invest in BitCoin in 2014. But I didn't take this chance. I though it was too risky. I don't want to miss an opportunity once more. I'm ready to lose my BCC loan. But I'm not afraid of it because it's not my last few cents. It's an aggressive component of my cryptoinvestment portfolio that gives me a chance to make huge money. |
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yeah, but not everybody has got $5M for shareholders' equity capital |
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Looks like price is stuck now and not following btc anymore, all those high rollers who got $200k loans getting like $3000 per day interest stalling the whole system, there is now shortage of new comers but system has to pay all the high rollers everyday... not looking good from here!
Personally I also have invested a good amount into BCC. I think it's to early to start judging if it correlates with BTC or no. My personal forecast is that it will continue working fine for at least 2 years. We'll see how it goes in 2 years  |
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I believe that dropdeck is a very prospective platform because it simplifies business funding. If dropdesk succeeds, there will be much less need in ICO's Liked a very decent team, one of the most detailed roadmaps and 50+ pages long white paper. Personally I believe these guys and going to invest a little. |
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When joining, is it better to use a referral link or begin on your own?
Any advice on this guys? You lose nothing when using someone's referral link. A person receives a commission depending on your lending deposit, but you lose nothing. Some guys offer to give back all the commission the'll get from your registration. But I believe it's not a wise option: A) guy can just 'forget' to send you his commission back B) that's not too much This is why I advice you to register without any referrer or find a referrer who will share his expertise with you. Expertise costs more than money. You can PM me if you'd like to join my team. |
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You complicate things too much.
All you have to do is regularly check altcoin price in USD: if it falls - you lose money, if it grows - you make profits.
BTC in your case is just a yardstick: if BTC has grown faster than your coin - you could earn more keeping BTC, but it doesn't mean you lost money.
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It appears that the more people bail out of BitConnect BCC coins the more return for the remainder lenders. The 80% daily gains having to share with a lesser number of lenders may be all the better. Just saying. This sounds really strange. Quitting investors hurt BCC cap. It's unprofitably for BitConnect to give extras to the rest of investors. System wants your money, it's not a charity organization.BTW I've invested a significant amount in BCC lending and haven't seen such huge profit lately The only reason for BitConnect to increase profits would be to stimulate investments - that's reasonable. But no charity... |
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If you've got a solid background in backend, I suggest you to monitor your local job postings every day.
Also follow on Linkedin and built up the connections with ICO organizators.
There's a huge chance to get a great job, because crypto is hottest topic of 2017.
Just try being social and communicate with relevant people. Show what you can offer, that's my 5 cents.
You'll build up your skills during the work instead of courses and other theoretic stuff.
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BCC seems very sustainable and stable as such. I think the only 2 reasons that it can collapse is either some kind of gov-t decision to shut them down or owners telling themselves "OK, I think I've got enough money now and can quit business...". And the 3rd reason being BTC collapse of course  I think owners will never will tell themselves that they've earned too much and now they must shut down the system I find first reason the most realistic. Also they have 14 founders, so maybe they may encounter some problems with sharing proceeds. Maybe there will be a fork in this case, who knows The only thing I know for sure is that currently everything is totally fine. |
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AirToken price keeps melting. We live in very strange times: some very weak and obviously risky projects keep growing while AirToken looks more dead than alive for me now. Invested 1k in it, not happy at all |
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