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Author Topic: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency  (Read 368872 times)
YuTü.Co.in
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January 27, 2018, 04:21:28 AM
 #5881

Move over BitConnect, there's a new show in town ...

Code:
http://www.tailopez.com/flow.php?lp=FS-3452&utm_source=adwords&utm_medium=youtube&utm_content=YTlink&utm_sid=jNv85bteFFc&campaignid=1008680809&adgroupid=50468293875&physicallocation=9030356&creative=247640027742&matchtype=&network=ytv&device=c&devicemodel=&ifmobile=&ifnotmobile=[desktoptablet]&ifsearch=&ifcontent=[displaynetwork]&keyword=&placement=youtube.com&target=&param1=&param2=&random=12114882233907353579&experiment=&adposition=none&extensionid=&keywordid=kwd-295944508740&interestlocation=9030356&gclid=Cj0KCQiAwKvTBRC2ARIsAL0Dgk3LgbvHBuvw0mmdu5tPRybt0XqXivQIVz6fuL7F2iYdkTTb2E_GWVkaAqfAEALw_wcB

Quote
In this FREE training, Tai will teach you various investment strategies used by himself and other successful investors and experts to make money with cryptocurrencies, such as Bitcoin and Ethereum. It's not to late to invest in Bitcoin and other emerging cryptocurrencies, and Tai will break down why now is the best time to make money in this new and exciting market. Bitcoin and other cryptocurrencies may seem intimidating, but in this free seminar, you will discover the right investment strategy for you, so you can start making money off of cryptocurrencies today!

Text highlighted because the link was from one of Tai's YouTubeMercials (just made that up; wonder if I'm the first, but I digress) where he states no less than three times as to how smart he is due to surrounding himself with smart people like the person who penned the above if not penned by himself.

On a side note, I'm now wondering if AGM76 has an altered ego.

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tententen
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January 27, 2018, 04:34:58 AM
 #5882

Im not sure what the right thing to do with this thread would be, but you gotta give it to theymos that he did not censor this...I don't think that that's necessarily a good thing, but he let this obvious scam build traction on his own platform, that couldnt have been an easy choice.
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January 27, 2018, 04:53:47 AM
 #5883

Im not sure what the right thing to do with this thread would be, but you gotta give it to theymos that he did not censor this...I don't think that that's necessarily a good thing, but he let this obvious scam build traction on his own platform, that couldnt have been an easy choice.

gambling is nothing new to bitcointalk ~ it's a sandbox for hairbrained video games gone wrong lol :-D weee

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
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January 27, 2018, 12:05:50 PM
 #5884

This is going to be harsh lesson for many but at the same time things seems to becoming more complicated. This will not be last ponzi/scam scheme unless the people behind this reach behind the walls. They should be forced to pay every single person else these frauds will keep growing in future too.
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January 27, 2018, 01:17:25 PM
Merited by shogun47 (10)
 #5885

Some persons were persuading me to invest on this coin when the kept rising, but I was wise enough not to. What would I done if I had invested 10k$ on this when the price was over 350$?

This guys need to be brought to book.
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January 27, 2018, 01:35:01 PM
 #5886

Some persons were persuading me to invest on this coin when the kept rising, but I was wise enough not to. What would I done if I had invested 10k$ on this when the price was over 350$?

This guys need to be brought to book.

Absolutely and anyone in the world thinking they could bring this already sunk ship back up to $300+ need to see a doctor as well. It just won't happen.

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January 27, 2018, 01:57:34 PM
 #5887

Trust summary for AGM76

This user's password was reset recently.

This user's email address was changed recently



Well looks like someone bought themselves a full member account hoping to be able to save BCC. LOL.

These people deserve to stay poor just like they have for generations.
You can’t help those people

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January 27, 2018, 03:07:26 PM
 #5888

I skin through like 33% of that wall of text from so-called "dev" but I suppose this is a troll lol.

If someone really tried to come and defend their "algorithm" that was supposed to be printing money (trading/daily interest) then please kindly go choke on some Thai ladyboys penis.

This whole thing was so basic, the fact that they ran up 2 billy is quite insane.

SMG

YuTü.Co.in
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January 27, 2018, 05:15:02 PM
 #5889

Trust summary for AGM76

This user's password was reset recently.

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Well looks like someone bought themselves a full member account hoping to be able to save BCC. LOL.

These people deserve to stay poor just like they have for generations.
You can’t help those people

I find that interesting because ...


A few minutes later ...


What's the over/under for AGM76 being an close associate of BitConnect? I'm thinkin' that front- and backend dev dude.

MI5: Dear Mr. theymos. Please send us everything on your database pertaining to Mr. AGM76. Thank you. PS: Make no mention of this request, for we're in the middle of a terrorist-funding investigation (ref. https://www.reddit.com/user/AGM76/)

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January 27, 2018, 05:21:00 PM
 #5890

Scam or not - it doesn't matter because the interest to this token is really big. So we can only envy to pr-team of this project  Grin
envy WTF!!!  those are wrongly spoken words.
shogun47
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January 27, 2018, 08:34:16 PM
 #5891

Scam or not - it doesn't matter because the interest to this token is really big. So we can only envy to pr-team of this project  Grin
envy WTF!!!  those are wrongly spoken words.

I am not quite sure what's wrong with you but maybe you are one of those guys who took a mortgage and bet on this or you must be completely crazy. BCC just failed and if you spread another message (for your own benefit), you are going to hut people!

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January 27, 2018, 09:36:29 PM
 #5892

Want to know something funny?

Staking yield was much better than the lending platform.

Min age is 15 day, max age is 30 days compounding at 10% a month the first 6 months and 8% the second 6 months.

That would have given you 3.4x the amount of coins in 1 year.

Let's say you bought 1000 coins at $1, staked them, and sold them at $400 (9 month period), that is about 3x the amount.

You would have made approximately $1.2 million

If you had bought $1000 worth and put it in the lending platform during the same 9 month period.

You would have approximately $14,000

Technically speaking, the lending platform was actually on par or even slightly less at times than the appreciation of just hodling BTC.
YuTü.Co.in
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January 27, 2018, 09:50:12 PM
 #5893

Want to know something funny?

Staking yield was much better than the lending platform.

Min age is 15 day, max age is 30 days compounding at 10% a month the first 6 months and 8% the second 6 months.

That would have given you 3.4x the amount of coins in 1 year.

Let's say you bought 1000 coins at $1, staked them, and sold them at $400 (9 month period), that is about 3x the amount.

You would have made approximately $1.2 million

If you had bought $1000 worth and put it in the lending platform during the same 9 month period.

You would have approximately $14,000

Technically speaking, the lending platform was actually on par or even slightly less at times than the appreciation of just hodling BTC.


"That's some BCC trading bot!"

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January 27, 2018, 10:14:28 PM
 #5894

https://stocksgazette.com/2018/01/27/eryllium-ery-the-privacy-centric-coin-for-the-future-of-money/

Nice article posted today.

IT'S GONNA BLOOOOOOOWWWWWWW
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January 27, 2018, 11:05:00 PM
 #5895


https://eryllium.com/faq/


I'll be the first to admit that unlike BitConnect, we know exactly who developed Eryllium ...

Quote
Thus We Eryllium studies it for a long period of time and come out with a more advance platform for developers and end user to give more value.

... Dr. Word Spaghetti, PhD.  Roll Eyes Roll Eyes Roll Eyes

Upon further review, Dr. Word Spaghetti, PhD is teamed up with Dr. Copy And Past, PhD. Who would've thunk it?

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January 27, 2018, 11:53:30 PM
Last edit: January 28, 2018, 12:10:27 AM by AGM76
 #5896

Want to know something funny?

Staking yield was much better than the lending platform.

Min age is 15 day, max age is 30 days compounding at 10% a month the first 6 months and 8% the second 6 months.

That would have given you 3.4x the amount of coins in 1 year.

Let's say you bought 1000 coins at $1, staked them, and sold them at $400 (9 month period), that is about 3x the amount.

You would have made approximately $1.2 million

If you had bought $1000 worth and put it in the lending platform during the same 9 month period.

You would have approximately $14,000

Technically speaking, the lending platform was actually on par or even slightly less at times than the appreciation of just hodling BTC.


Why am I getting so much negative trust comments? Crestington (I think he put me on ignore) has just shown how bitconnect lending wasn't a real Ponzi as the lending was profitable (not many people compounded it but that was even covered even if everyone did). You can't say bitcoin and other cryptos are not non-deliberate ponzis as there is nothing unique about them or anything backing up their price so they are all a bubble, anyway. I am in no way associated with any of these sites but just realised how good an idea they were because they generate profits (the people lending the coin would have got more holding but they were still happy and didn't mind bitconnect taking some of the profits from them - assuming bitconnect sold most of the extra BCC they gained from the lending).

These profits could then be used to market the coin and increase the amount of buyers (this is the only way any crypto gains value btw before you say that's a bad thing). So I can see why people didn't like it but they had no reason to stop as long as they adjusted the interest so that it didn't exceed their growth.

Anyway, BCCX is on now.. I've never managed to buy any yet. I suppose they will need half a billion now to overcome all this bad press haaha  but I think they'd make everyone go mental if they became successful again (I mean all these people saying they are a scam will need therapy- there was something else I was going to ramble on about but forgot )

OH shit I'm not buying BCCX now they have stopped the $150 promotion......  it's at just over $10 now Cry   (just logged in)

It said $150 before instead the real price:



Just found this (which also uses my non-deliberate Ponzi term): https://www.financemagnates.com/cryptocurrency/news/world-bank-bitcoin-a-bubble-not-a-deliberate-ponzi/

"The 15-page paper, authored by economist Kaushik Basu, explores the science and mechanics behind various forms of Ponzi schemes. Included is a class of “non-deliberate” or naturally occurring Ponzi schemes, which are really just asset bubbles. Explained by others under what’s referred to as the “Greater Fool Theory”, people buy into these assets unaware of their fundamental value and only because it is expected that others will drive their price even higher through speculation. “This kind of a spiral, which has nothing more to it than people’s expectations feeding into more expectations, can cause huge price rises.”"
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January 28, 2018, 12:17:50 AM
 #5897

Why am I getting so much negative trust comments? Crestington (I think he put me on ignore) has just shown how bitconnect lending wasn't a real Ponzi as the lending was profitable (not many people compounded it but that was even covered even if everyone did). You can't say bitcoin and other cryptos are not non-deliberate ponzis as there is nothing unique about them or anything backing up their price so they are all a bubble, anyway.

You're getting negged because you're lying about this scam. You're also lying about other cryptos ("nothing unique about them or anything backing up their price") with this very lame false equivalence fallacy.

I am in no way associated with any of these sites but just realised how good an idea they were because they generate profits (the people lending the coin would have got more holding but they were still happy and didn't mind bitconnect taking some of the profits from them - assuming bitconnect sold most of the extra BCC they gained from the lending).

These profits could then be used to market the coin and increase the amount of buyers (this is the only way any crypto gains value btw before you say that's a bad thing). So I can see why people didn't like it but they had no reason to stop as long as they adjusted the interest so that it didn't exceed their growth.

They had a very good reason to stop. They extracted the maximum amount of money from their victims and there was no more "growth".

Anyway, BCCX is on now.. I've never managed to buy any yet. I suppose they will need half a billion now to overcome all this bad press haaha  but I think they'd make everyone go mental if they became successful again (I mean all these people saying they are a scam will need therapy- there was something else I was going to ramble on about but forgot )

OH shit I'm not buying BCCX now they have stopped the $150 promotion......  it's at just over $10 now Cry   (just logged in)

It said $150 before instead the real price:
http://i66.tinypic.com/2l95hqv.png

There you go, even the fake rollover is over.

And just in case you missed those questions from earlier:

I'm not asking about any other sites. Bitconnect - why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead. According to you they were in great financial shape but they paid out in worthless tokens. Sounds a lot like a scam.

Furthermore, why did they shut off lending for EVERYONE if they had legal issues only in a couple of US states? And how exactly are they going to avoid those problems with their new scam - Bitconnect X?

Those are very simple questions based on your own statements. Do you have answers or not?

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January 28, 2018, 12:22:02 AM
Last edit: January 28, 2018, 12:33:02 AM by AGM76
 #5898

Why am I getting so much negative trust comments? Crestington (I think he put me on ignore) has just shown how bitconnect lending wasn't a real Ponzi as the lending was profitable (not many people compounded it but that was even covered even if everyone did). You can't say bitcoin and other cryptos are not non-deliberate ponzis as there is nothing unique about them or anything backing up their price so they are all a bubble, anyway.

You're getting negged because you're lying about this scam. You're also lying about other cryptos ("nothing unique about them or anything backing up their price") with this very lame false equivalence fallacy.

I am in no way associated with any of these sites but just realised how good an idea they were because they generate profits (the people lending the coin would have got more holding but they were still happy and didn't mind bitconnect taking some of the profits from them - assuming bitconnect sold most of the extra BCC they gained from the lending).

These profits could then be used to market the coin and increase the amount of buyers (this is the only way any crypto gains value btw before you say that's a bad thing). So I can see why people didn't like it but they had no reason to stop as long as they adjusted the interest so that it didn't exceed their growth.

They had a very good reason to stop. They extracted the maximum amount of money from their victims and there was no more "growth".

Anyway, BCCX is on now.. I've never managed to buy any yet. I suppose they will need half a billion now to overcome all this bad press haaha  but I think they'd make everyone go mental if they became successful again (I mean all these people saying they are a scam will need therapy- there was something else I was going to ramble on about but forgot )

OH shit I'm not buying BCCX now they have stopped the $150 promotion......  it's at just over $10 now Cry   (just logged in)

It said $150 before instead the real price:
http://i66.tinypic.com/2l95hqv.png

There you go, even the fake rollover is over.

And just in case you missed those questions from earlier:

I'm not asking about any other sites. Bitconnect - why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead. According to you they were in great financial shape but they paid out in worthless tokens. Sounds a lot like a scam.

Furthermore, why did they shut off lending for EVERYONE if they had legal issues only in a couple of US states? And how exactly are they going to avoid those problems with their new scam - Bitconnect X?

Those are very simple questions based on your own statements. Do you have answers or not?

I keep trying to explain they didn't run out of anything and had made lots of profits by sharing the growth of the coin with the lenders (who didn't mind because they also made money). They only paid in BCC tokens and had loads of them. They only accepted BCC tokens too. They didn't need to have a BTC wallet on the site as people could even buy BCC with ETH on another exchange and send them BCC to the BCC web-wallet. I think these sites need to start using external exchanges and also only accept their own coin as this will stop people thinking they are stealing BTC (how is it possible they stole BTC if they didn't use it for anything or accept it as payment??).

About cryptos, I'm sure there are some companies that do buy-backs of the coin they issued when they profit etc as that would make them not a Ponzi but all others would be just a bubble as nothing really is backing up the price. Also, they can usually be cloned if they are open source so they aren't unique either. They just depend on a community to support them etc.

Oh that just made me realise that bitconnect probably did do buy-backs!! So obviously they wouldn't be a Ponzi...the buying of their own token (maybe with ICO funds or with profits) was probably why the coin rose so much. If they kept some of the extra BCC they were accumulating from their lending, just the fact they took it out of circulation would increase the price..so it is almost the same as buying back their token from profits (but to profit they would need to sell the extra BCC so maybe they could have just sold some and kept the rest out of circulation?).
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January 28, 2018, 12:28:14 AM
 #5899

And just in case you missed those questions from earlier:

I'm not asking about any other sites. Bitconnect - why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead. According to you they were in great financial shape but they paid out in worthless tokens. Sounds a lot like a scam.

Furthermore, why did they shut off lending for EVERYONE if they had legal issues only in a couple of US states? And how exactly are they going to avoid those problems with their new scam - Bitconnect X?

Those are very simple questions based on your own statements. Do you have answers or not?

I keep trying to explain they didn't run out of anything and had made lots of profits by sharing the growth of the coin with the lenders (who didn't mind because they also made money). They only paid in BCC tokens and had loads of them. They only accepted BCC tokens too. They didn't need to have a BTC wallet on the site as people could even buy BCC with ETH on another exchange and send them BCC to the BCC web-wallet. I think these sites need to start using external exchanges and also only accept their own coin as this will stop people thinking they are stealing BTC (how is it possible they stole BTC if they didn't use it for anything or accept it as payment??).

About cryptos, I'm sure there are some that do buy-backs when they profit etc as that would make them not a Ponzi but all others would be just a bubble as nothing really is backing up the price. Also, they can usually be cloned if they are open source so they aren't unique either. They just depend on a community to support them etc.

You keep trying to muddy the waters with other coins and tokens. Completely irrelevant. Let's try one at a time:

Based on your claim that Bitconnect was financially solvent (even "had made lots of profits"), why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead.

Please just stick to answering that. No need to waste your time with some stories about unrelated coins etc.

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January 28, 2018, 12:37:05 AM
 #5900

And just in case you missed those questions from earlier:

I'm not asking about any other sites. Bitconnect - why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead. According to you they were in great financial shape but they paid out in worthless tokens. Sounds a lot like a scam.

Furthermore, why did they shut off lending for EVERYONE if they had legal issues only in a couple of US states? And how exactly are they going to avoid those problems with their new scam - Bitconnect X?

Those are very simple questions based on your own statements. Do you have answers or not?

I keep trying to explain they didn't run out of anything and had made lots of profits by sharing the growth of the coin with the lenders (who didn't mind because they also made money). They only paid in BCC tokens and had loads of them. They only accepted BCC tokens too. They didn't need to have a BTC wallet on the site as people could even buy BCC with ETH on another exchange and send them BCC to the BCC web-wallet. I think these sites need to start using external exchanges and also only accept their own coin as this will stop people thinking they are stealing BTC (how is it possible they stole BTC if they didn't use it for anything or accept it as payment??).

About cryptos, I'm sure there are some that do buy-backs when they profit etc as that would make them not a Ponzi but all others would be just a bubble as nothing really is backing up the price. Also, they can usually be cloned if they are open source so they aren't unique either. They just depend on a community to support them etc.

You keep trying to muddy the waters with other coins and tokens. Completely irrelevant. Let's try one at a time:

Based on your claim that Bitconnect was financially solvent (even "had made lots of profits"), why didn't they refund their users in full? If they can't deal in USD I'm sure users would have been happy to receive BTC or ETH instead.

Please just stick to answering that. No need to waste your time with some stories about unrelated coins etc.

You have to understand many people made a lot of money with bitconnect while the lending was operational. I think bitconnect was supposed to do something about the people who only joined in the last couple of months but again this assumes the BCC coin won't go back up. Some people have even suggested (and got hated for it) that people buy back more BCC at the lower price as the averaging down will be immense. So if they were owed $10k at BCC=$363 (and got about 30 tokens) but bought another 100 at $10 now, the BCC price would only need to reach about $80 for them to get all their money back etc.
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