Next time you want to post, please read the last few posts to know what is going on before posting non-sense.

They aren't removing alts from their site, they are shutting down completely and only letting you withdraw BTC. If you own some alts you will need to convert those alts to BTC with their exchange service which will be charged a negative 4% fee in your favor.

I think its really professional of the way they are handling this situation. However very sad that the DDoS was a success and lead to their shutdown after all these years.

Yes, Ethereum is planning to take over bitcoin and they plan to be number one.  I do not think that this can happen in the near future but I am positive that one day they will do it.

One advantage of Ethereum is the founder is known and can actullay make plan on his coin.

Alibaba as China famous enterprise, encryption will launch a business, and in the past few hours spread the news of the Chinese government ban on currency trading, this is contradictory, I think the news is likely to be false

Down over 50 hours very unusual

There has also been a cease and desist order in texas as well, texas also issued a cease and desist order for usi-tech.

It just baffles my mind everytime i get on the thread that people are still in here defending bitconnect as if its a safe, secure and a wise investment.

If your new to crypto and want to invest please dont get caught up in this, just hold your bitcoin or your favorite altcoin.

There is sucker born every minute.

You're wrong. And off topic. What does that have to do with BitConnect, even if I was?


That's not true. The site is provably fair. So?


That's also not true. Canada banned me using BTC? What are you talking about?


I am warning potential victims that this is a Ponzi scheme. I have been posting in Ponzi threads for years, attempting to warn potential victims about them. They all ended up scamming their users, just like this one will. You don't get to tell me to go away.


Maybe you'll make a profit from the other victims. That doesn't mean it isn't a Ponzi scheme. If you're happy making money from other people getting scamming then I don't know what to say to you. Good luck with your "amazing year" I guess?

None of those three promise returns. That's the difference.

There's nothing wrong with investing money for people, trying to make a profit, and maybe making a loss.

There is something wrong with promising 0.25% per day on any amount, because it's unrealistic to be able to guarantee to do that well on average on arbitrary sums for arbitrarily long periods.


I think it is a Ponzi scheme, which is a kind of a scam. It doesn't matter whether they are running a bot or not, or whether they have made a lot of money from the appreciation in the price of their token. One day the token's value will start going down and they will be losing money. Do you think they will continue paying out massive amounts of interest to the idiots who are trusting them once it stops being profitable to do so? I don't.

Well there are few reasons which needs to be analysed
1 Holiday season - As discussed earlier people have taken out their profits and in most part of the world trading volume is low on account of holiday season.
2 US Taxation There is a v high likelyhood that some new taxation laws/structure will be implemented on gains made from bitcoin and other crypto assets.This can also set precidence for other countries and some is being closely watched by big institutional investors.
3 Fear factor/Fud New money generally wait on the sidelines till there is a confirmed trend and most of the time this is the one which supports constant bullish growth. Since their are lot many rumours surrounding BTC and there has been a good correction in last few days these people will only buy their first Bitcoin when the train have already left the station (read 16500/17400$)
4 Your greed needs a break- Common what do you expect ?
Bitcoin have seen a tremendous growth in last one year. You might have been late to the party but initial breed of early investors were waiting to take out some money to buy the lambo they always talked!