So let me get this straight.. (about BCC)

[Enjel]

I am wondering why Bitconnect crashed so bad - why did the site get shut down..?

Bitconnect was basically a token that was sold so that people could lend them out to a "bot" which had an algorithm that could make 1% daily returns?

However, this "bot" had no transaction history or source code (latter being hidden makes sense, former does not).

Does anyone know if this bot actually existed?

Also, why was the affiliate program such a big deal for BCC? Why was it so important for them to have new people into BCC all the time?

And why did BCC shut down operations at a time like this?


I have my own theories, none of which can be proven, because BCC is not transparent at all, a big red flag.

What do other people think about Bitconnect...?

[WORLDWIDEWES]

BITCONNECT is a scam. The only reason the coin is trading at the price it is, is because people assocaited with bitconnect are probably selling their tokens along with keeping the bitcoin people gave them.

[Enjel]

BITCONNECT is a scam. The only reason the coin is trading at the price it is, is because people assocaited with bitconnect are probably selling their tokens along with keeping the bitcoin people gave them.

That's my theory... although no one can prove anything, since there is no transparency.

The token is supposed to be loaned to a "bot" which can make money for you. But did the bot just disappear or something? Why did they shut down the site?

[yhoga45]

I’m agree with you two guys. I give a big agree with this reason if we don’t know about the “bot” it’s actually existed or not and my opinion Bitconnect it’s Multi Level Marketing. Haha it’s just my opinion

[Dragonrage201]

There have been plenty of warnings given on these forums by senior members
warnings about bitconnect and many other lending pyramid ponzi scam coins.
Paying daily 1% kind of interest is not possible and works only so long as lot of
new suckers are joining the scheme and new money entering pays the old. The people
who joined very early did made a killing but most of the latecomers probably will lose
most of their money.

[batturkey]

I am wondering why Bitconnect crashed so bad - why did the site get shut down..?

Bitconnect was basically a token that was sold so that people could lend them out to a "bot" which had an algorithm that could make 1% daily returns?

However, this "bot" had no transaction history or source code (latter being hidden makes sense, former does not).

Does anyone know if this bot actually existed?

Also, why was the affiliate program such a big deal for BCC? Why was it so important for them to have new people into BCC all the time?

And why did BCC shut down operations at a time like this?


I have my own theories, none of which can be proven, because BCC is not transparent at all, a big red flag.

What do other people think about Bitconnect...?

Scam project thats the reason of last deep. Should go much deeper if u have any u better sell them now.

[housebtc]

The surprise thing here is that the token still has value, I know some people will be hoping to hold since they buy at the top but this project and other scams are bound to go to zero it is just matter of when this will happen because scam is a scam