what happened to BitConnect?!!!

[Singwala]

its $33 now! god!

Bitconnect is a Ponzi Scam so we should not buy it. Many traders are now in a hurry because of the sudden drop in the bitconnect which of course resulted in losses. So that we can call Disconnect the Bitconnect,

[allanr]

There is a bad news about Bitconnect. They said that they will just close the lending program but we think that it is just their escape plan. It is a ponzi scheme since the beginning. It was all their plan all along. Sorry to those who invested here. Move on and learn from your mistakes.

I heard they have returned the investments of their Users. Returning all of the money from the lending platform. But that does not qualify not to call them as a ponzi scheme. 

How if the investor do not aware of that ? he not open the platform and didnt have chance to cash out his money. i guess he lost it.

[chiggz]

Bitconnect turned into BitconnectX! As obvious, it turned into a Ponzi scam taking all its investores down the drain!

Many youtubers played on the lack of knowledge of people that either were new to the space or were lazy not to research it. Basically they said that they have a bot that the more money you give it to trade it the more money it makes, your money is locked by them and you receive a daily pay. They also advertised that there was no or very little risk. If it sounds too good to be true, and it's success depends on you signing new people to the group and it quacks like a duck, most likely it's a ponzi scheme. Its really sad to see many people maxing out their credit cards, Students putting in loan and getting lured into the trap.

Now all that remains are the left over Bitconnect coins without any platform. Ready to be slaughtered!

[haidangtp]

Do not believe in it, now let go of it and look for another opportunity. There are many other good coin waiting for us.

[ParallelSquid]

I heard they have returned the investments of their Users. Returning all of the money from the lending platform. But that does not qualify not to call them as a ponzi scheme.  

They didn't actually return customers' money. Customers gave them Bitcoin and got useless Bitconnect money in return.

If that's the case I think there's no problem with it. Since the Bitconnect was actually a lending platform where they give you an amount in Dollars.

[thelittledragon]

my god SCAM!
but good to see it's down now.

[Haunebu]

Bitconnect turned into BitconnectX! As obvious, it turned into a Ponzi scam taking all its investores down the drain!

Many youtubers played on the lack of knowledge of people that either were new to the space or were lazy not to research it. Basically they said that they have a bot that the more money you give it to trade it the more money it makes, your money is locked by them and you receive a daily pay. They also advertised that there was no or very little risk. If it sounds too good to be true, and it's success depends on you signing new people to the group and it quacks like a duck, most likely it's a ponzi scheme. Its really sad to see many people maxing out their credit cards, Students putting in loan and getting lured into the trap.

Now all that remains are the left over Bitconnect coins without any platform. Ready to be slaughtered!

I completely agree with you here. Many popular crypto youtubers like Micheal Crypto, Trevor etc referred Bitconnect and earned millions through their referrals which is smart in my opinion, but they earned this money by causing pain to so many people around the world which is disgraceful and not worth it at all if you ask me. Bitconnect as a coin is promising, but I never trusted its lending platform since it was not sustainable in the long term and this was clear to everyone, but so many people want to get rich overnight and look what happened. People need to stop trusting these lending platforms completely.

[sparg]

They are a scam project and still people urged to buy in. The played out on the greed of the people and offered a 1%-2% dayli interest so people rushed to buy and lend BCC. Omg when will we grow up and understand that this kind of things cannot mathematically exist? I dont even feel sorry for all of those who were scammed (i have a few friends who were) because when all the internet screamed that it is a scam all of you investors in BCC stood up for in an praised like a project that it will make you rich.
An i am sure that is this year another project like this will apear it will have succes because the greed is to big to fail.

[Endikadija]

Bitconnect turned into BitconnectX! As obvious, it turned into a Ponzi scam taking all its investores down the drain!

Many youtubers played on the lack of knowledge of people that either were new to the space or were lazy not to research it. Basically they said that they have a bot that the more money you give it to trade it the more money it makes, your money is locked by them and you receive a daily pay. They also advertised that there was no or very little risk. If it sounds too good to be true, and it's success depends on you signing new people to the group and it quacks like a duck, most likely it's a ponzi scheme. Its really sad to see many people maxing out their credit cards, Students putting in loan and getting lured into the trap.

Now all that remains are the left over Bitconnect coins without any platform. Ready to be slaughtered!

The result will depend on how many you can try to make another people interested to join in this ponzi scheme., This just another method to avoid a lot of accusation against bitconnect. As long as the developer shouldn't be arrested and bitconnect will still exist. The sad thing there is some similar ponzi scheme with bitconnect just like regal.

[MJK_Anfaenger]

I guess when it's too good to be true it probably is. Greed just sometimes gets the better of otherwise rational people.

[blue_id69]

Bitconnect scam bitconnectX born just same ponzi scheme same money game, you want to get pay you need to drag another greedy person to invest, until there no investor and puff they disappear again and run with all of your money.

[zutigenij1000]

It was written SCAM from the start, and the growth was not normal. Just look at the chart from the beginning and it looks like somebody is going to invest. I hop they are going down, but be careful. It can follow the pattern of pump and dump.

[Happiest]

I have heard numerous times that, that coin is a total scam even during and before it ICO. A lot of people refered to it as a ponzi scheme. All this controversial stories surrounding pushed most exchange to pull it down from their site.  I bet the developers must have made their fortune out from it regardless of what people are saying. I don't really like the idea of referring someone to invest so you can level up. People sees you as a scammer if you beg them to join an investment.

[wayaneka]

This coin does not have good fundamental so that pump just in short time and will be dump soon, since many people lose their money from lending program of Bitconnect so many people does not believe this coin again and the popularitas also down, and in my opinion not possible  the price of Bitconnect going up again to $400 like before.

[rommelzkie]

Update:
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
Follow the instructions in the following article:
http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26

Does anyone here tried the guide to recover BCC at price level 142.47 USD per token? Is it true that they will send back the BCC token worth 142.47. I have a doubt that it is a scam. Im hoping for your clarification. thank you

[Teraboy]

Update:
Our #BitConnect cryptocurrency will be removed from all exchanges.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
Follow the instructions in the following article:
http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26

This looks like just another scam attempt. How you dude is buying each bitconnect worth $142 while at the same time the majority of bitconnect market just trade that shit coin for $3 for every bcc scam coin.
https://coinmarketcap.com/currencies/bitconnect/
You are obviously spreading the malicious link to others.That's true consider the fact that bitconnect gets dumped more than 99% from the peak price.

[ujinice]

In all forums, warned that this is a financial pyramid and it will collapse one day, on a general correction, people panicked and sold everything.

[Thyaga]

This is not a scam. Check it yourself.

The bitconnect system is similar to a ponzi scheme that leads to the total destruction of its followers aka scam.