[ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency

[S2B]

you sound like a bunch of liberal retards. ponzi ponzi ponzi  hitler hitler  why is it a ponzi and why am i hitler. make an argument stop accusing.

[ChromaticStar]

I think Bitconnect has a lot more than 6,000 victims. They had a Facebook account, which now no longer exists, that had over 120,000 likes on it. I wonder what happened to it, even the Facebook link on their website is now dead.

Here's Alexa rankings:

https://www.alexa.com/siteinfo/bitconnect.co

It's hard to say how many site views that they have, but it's clear they have a high user base to rank at that level. Bitcointalk.org is in the 4000s and according to this site's statistics, there were already over 5,000,000 page views for the first day of September and there are over 1,000,000 members here. My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else. Deposit BTC, buy BCC, lend BCC, repeat. Bitconnect must hold the majority of BCC themselves.

[YuTü.Co.in]

I think Bitconnect has a lot more than 6,000 victims. They had a Facebook account, which now no longer exists, that had over 120,000 likes on it. I wonder what happened to it, even the Facebook link on their website is now dead.

Here's Alexa rankings:

https://www.alexa.com/siteinfo/bitconnect.co

It's hard to say how many site views that they have, but it's clear they have a high user base to rank at that level. Bitcointalk.org is in the 4000s and according to this site's statistics, there were already over 5,000,000 page views for the first day of September and there are over 1,000,000 members here. My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else. Deposit BTC, buy BCC, lend BCC, repeat. Bitconnect must hold the majority of BCC themselves.

Why would upwards to 500,000 people become members of BitConnect, yet have no intention of participating in their wonderful program?

That 6,156 figure reflects exactly how many wallets there are to date, with a given that many folks maintain more than one wallet, it's safe to assume that there's less than 6,000 people invested in BitConnect, a majority of those investing the bear minimum - U$100.

My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else.

Try reading what you pen prior to publishing. Rumor has it that it's all the rage.

Firstly, the second sentence consists of two clauses that's nowhere near similar in nation, ergo no comma - two different sentence. But I assume that in your mind there is a connection, in which case I'm at a lost.

So, up to 500,000 members invested in BitConnect but probably don't have a BCC wallet because ... wait for it ... why bother maintaining a wallet for freshly purchased coins because they aren't worth a rat's ass anywhere else on the Flat-earth.

That might make sense to fellow retards invested in BitConnect, but not for naysayers in the real ball world.

you sound like a bunch of liberal retards. ponzi ponzi ponzi  hitler hitler  why is it a ponzi and why am i hitler. make an argument stop accusing.

This dude is going all in with showcasing his retardness. Sadly, this guy is in either the conservation for libertarian camp since he just dissed liberals which I'm not one. Please welcome your newest member, Retard S2B.

[ChromaticStar]

I think Bitconnect has a lot more than 6,000 victims. They had a Facebook account, which now no longer exists, that had over 120,000 likes on it. I wonder what happened to it, even the Facebook link on their website is now dead.

Here's Alexa rankings:

https://www.alexa.com/siteinfo/bitconnect.co

It's hard to say how many site views that they have, but it's clear they have a high user base to rank at that level. Bitcointalk.org is in the 4000s and according to this site's statistics, there were already over 5,000,000 page views for the first day of September and there are over 1,000,000 members here. My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else. Deposit BTC, buy BCC, lend BCC, repeat. Bitconnect must hold the majority of BCC themselves.

Why would upwards to 500,000 people become members of BitConnect, yet have no intention of participating in their wonderful program?

That 6,156 figure reflects exactly how many wallets there are to date, with a given that many folks maintain more than one wallet, it's safe to assume that there's less than 6,000 people invested in BitConnect, a majority of those investing the bear minimum - U$100.

My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else.

Try reading what you pen prior to publishing. Rumor has it that it's all the rage.

Firstly, the second sentence consists of two clauses that's nowhere near similar in nation, ergo no comma - two different sentence. But I assume that in your mind there is a connection, in which case I'm at a lost.

So, up to 500,000 members invested in BitConnect but probably don't have a BCC wallet because ... wait for it ... why bother maintaining a wallet for freshly purchased coins because they aren't worth a rat's ass anywhere else on the Flat-earth.

That might make sense to fellow retards invested in BitConnect, but not for naysayers in the real ball world.

you sound like a bunch of liberal retards. ponzi ponzi ponzi  hitler hitler  why is it a ponzi and why am i hitler. make an argument stop accusing.

This dude is going all in with showcasing his retardness. Sadly, this guy is in either the conservation for libertarian camp since he just dissed liberals which I'm not one. Please welcome your newest member, Retard S2B.

I'm not promoting this shitcoin, I hate it. I've been blasting Bitconnect for months now.

I don't know how Bitconnect manages their platform wallets, but I assume the "wallet" they give you isn't a separate address that shows up on the blockchain, it's just a number on a spreadsheet. All that being said, Bitconnect must have more than one user for each of their addresses, hence 100,000s of users for just a handful of addresses with coins in them.

[Gleb Gamow]

I think Bitconnect has a lot more than 6,000 victims. They had a Facebook account, which now no longer exists, that had over 120,000 likes on it. I wonder what happened to it, even the Facebook link on their website is now dead.

Here's Alexa rankings:

https://www.alexa.com/siteinfo/bitconnect.co

It's hard to say how many site views that they have, but it's clear they have a high user base to rank at that level. Bitcointalk.org is in the 4000s and according to this site's statistics, there were already over 5,000,000 page views for the first day of September and there are over 1,000,000 members here. My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else. Deposit BTC, buy BCC, lend BCC, repeat. Bitconnect must hold the majority of BCC themselves.

Why would upwards to 500,000 people become members of BitConnect, yet have no intention of participating in their wonderful program?

That 6,156 figure reflects exactly how many wallets there are to date, with a given that many folks maintain more than one wallet, it's safe to assume that there's less than 6,000 people invested in BitConnect, a majority of those investing the bear minimum - U$100.

My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else.

Try reading what you pen prior to publishing. Rumor has it that it's all the rage.

Firstly, the second sentence consists of two clauses that's nowhere near similar in nation, ergo no comma - two different sentence. But I assume that in your mind there is a connection, in which case I'm at a lost.

So, up to 500,000 members invested in BitConnect but probably don't have a BCC wallet because ... wait for it ... why bother maintaining a wallet for freshly purchased coins because they aren't worth a rat's ass anywhere else on the Flat-earth.

That might make sense to fellow retards invested in BitConnect, but not for naysayers in the real ball world.

you sound like a bunch of liberal retards. ponzi ponzi ponzi  hitler hitler  why is it a ponzi and why am i hitler. make an argument stop accusing.

This dude is going all in with showcasing his retardness. Sadly, this guy is in either the conservation for libertarian camp since he just dissed liberals which I'm not one. Please welcome your newest member, Retard S2B.

I'm not promoting this shitcoin, I hate it. I've been blasting Bitconnect for months now.

I don't know how Bitconnect manages their platform wallets, but I assume the "wallet" they give you isn't a separate address that shows up on the blockchain, it's just a number on a spreadsheet. All that being said, Bitconnect must have more than one user for each of their addresses, hence 100,000s of users for just a handful of addresses with coins in them.

Excellent point, albeit disproved by the likes of this dude - https://www.youtube.com/watch?v=EBIdCNCsGMg - depicting their BCC wallets on YouTube vids, all of which show up on the BCC blockchain.

[okane818]

hello dev,

is it the bounty sig and tweet still available?

thanks and regards

Okane Satoshi

[fortunecrypto]

hello dev,

is it the bounty sig and tweet still available?

thanks and regards

Okane Satoshi

It is a year over, if we can turn back time we could have buy more when it was a dollar worth I believe when they launch their promotional campaign they are not paying Bitconnectcoin only Bitcoin, correct me if I'm wrong I don't remember being part of their campaign.

[S2B]

https://i.imgur.com/mzckBPF.png

I think Bitconnect has a lot more than 6,000 victims. They had a Facebook account, which now no longer exists, that had over 120,000 likes on it. I wonder what happened to it, even the Facebook link on their website is now dead.

Here's Alexa rankings:

https://www.alexa.com/siteinfo/bitconnect.co

It's hard to say how many site views that they have, but it's clear they have a high user base to rank at that level. Bitcointalk.org is in the 4000s and according to this site's statistics, there were already over 5,000,000 page views for the first day of September and there are over 1,000,000 members here. My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else. Deposit BTC, buy BCC, lend BCC, repeat. Bitconnect must hold the majority of BCC themselves.

Why would upwards to 500,000 people become members of BitConnect, yet have no intention of participating in their wonderful program?

That 6,156 figure reflects exactly how many wallets there are to date, with a given that many folks maintain more than one wallet, it's safe to assume that there's less than 6,000 people invested in BitConnect, a majority of those investing the bear minimum - U$100.

My guess is Bitconnect has somewhere between 250,000 and 500,000 members. Most of them probably don't even have a BCC wallet, why bother to withdrawal when it's a useless coin anywhere else.

Try reading what you pen prior to publishing. Rumor has it that it's all the rage.

Firstly, the second sentence consists of two clauses that's nowhere near similar in nation, ergo no comma - two different sentence. But I assume that in your mind there is a connection, in which case I'm at a lost.

So, up to 500,000 members invested in BitConnect but probably don't have a BCC wallet because ... wait for it ... why bother maintaining a wallet for freshly purchased coins because they aren't worth a rat's ass anywhere else on the Flat-earth.

That might make sense to fellow retards invested in BitConnect, but not for naysayers in the real ball world.

you sound like a bunch of liberal retards. ponzi ponzi ponzi  hitler hitler  why is it a ponzi and why am i hitler. make an argument stop accusing.

This dude is going all in with showcasing his retardness. Sadly, this guy is in either the conservation for libertarian camp since he just dissed liberals which I'm not one. Please welcome your newest member, Retard S2B.

another super star calling people names. way to go champ!

[AGM76]

This thread is starting to become nonsensical. Every member has bitconnect addresses and bitcoin addresses to send BTC and BCC to. It may be that the coins are quickly moved out into storage wallets so remain empty most of the time.

Anyway the end is nigh....just saw this video lol https://www.youtube.com/watch?v=6m3Fks8liUw


Don't join control-finance though that is obviously some scam.....they could be gambling with the money to try and double it themselves (50% chance lol). Their Benjamin is obviously some actor too (great british accent there)  https://www.youtube.com/watch?v=Kev6On0qs0M

[Gleb Gamow]

This thread is starting to become nonsensical. Every member has bitconnect addresses and bitcoin addresses to send BTC and BCC to. It may be that the coins are quickly moved out into storage wallets so remain empty most of the time.

Anyway the end is nigh....just saw this video lol https://www.youtube.com/watch?v=6m3Fks8liUw


Don't join control-finance though that is obviously some scam.....they could be gambling with the money to try and double it themselves (50% chance lol). Their Benjamin is obviously some actor too (great british accent there)  https://www.youtube.com/watch?v=Kev6On0qs0M

Dude, if you could explain how that feat is accomplished, you'll be a billionaire tomorrow.

Retard 1: Why is your BCC wallet empty?
Retard 2: Because I moved my BCC into a storage wallet.
Retard 1: But can't that wallet also be seen on the blockchain?
Retard 2: Obviously, you don't have a clue as to how storage wallets work.
Retard 1: Guess not. You are so smart! How much is the minimum to invest in BitConnect? U$100?
Retard 2: Actually, for you it's now U$1,000 because I let you in on its business model.
Retard 1: You're the bestest. Here's my money. Now what?
Retard 2: Wait. While waiting, start a YouTube channel and sarcastically say that BitConnect is a scam in every video you upload like Crypto Mark.
Retard 1: Can I also upload videos dissing Ponzi schemes.
Retard 2: That's normally saved for seasoned BitConnect investors who know what they're talkin' 'bout.

[Gleb Gamow]

its legit man https://bitconnect.co/?ref=TripAndSmash

No it's not, man!

Asshole Bruno checking in to once again prove that BitConnect is a 100% scam using their own words.

https://bitconnect.co/terms-of-use/

For the retards in the audience slower than the normal retards, allow me to read the highlighted part slowly to you. Please pay attention else there'll be no cookies and milk for you later.

The service is available only to individuals who are at least 18 years old.

Can one of you special retards tells me what that means? ... Don't raise all your hands at once now. ... Nobody? ... Okay, I'll tell, and afterwards cookies and milk.

It means that a person can't be 17 years plus 364 days old. Nor can they be 17 years plus one day old. And definitely NOT 16 years old. Why? Because 16 year old people are younger than 18 year old people. To put it another way, 18 year old people are older than 16 year old people.

Any questions? Yes, Jimmy. ... Jimmy asked what kind of cookies you all are being treated to. The answer is peanut butter and strawberry cookies with mercury frosting, served with imported milk from Fukushima, Japan, because the establishment wants to see all of you glow ... I mean grow.

https://youtu.be/gD0ut74tYgs?t=35

At the 35 second mark (linked above), CryptoNick clearly states that he is ONLY 16 years old. From today's lesson, is 16 years old older or younger than 18 years old? If you answered younger, then you, too, can have some of them delicious cookies and milk. How many referrals does CryptoNick have, you ask? ONLY 1,700+.

Now, if BitConnect wants to prove that they are operating on the up-and-up, then they'll do the most logical thing - suspend CryptoNick's account and clawback his referral bonuses and all the interest on his investment paid out since it's 100% evident he lied about his age when he agreed to their ToS when joining the program.

Feel free to refute the above, S2B, whereupon I'd gladly stick your fifth post - like your other four - back up your moronic asshole, you fuckin snowflake who can't handle adult language.

[shivansps]

its legit man https://bitconnect.co/?ref=TripAndSmash

No it's not, man!

Asshole Bruno checking in to once again prove that BitConnect is a 100% scam using their own words.

https://bitconnect.co/terms-of-use/

For the retards in the audience slower than the normal retards, allow me to read the highlighted part slowly to you. Please pay attention else there'll be no cookies and milk for you later.

The service is available only to individuals who are at least 18 years old.

Can one of you special retards tells me what that means? ... Don't raise all your hands at once now. ... Nobody? ... Okay, I'll tell, and afterwards cookies and milk.

It means that a person can't be 17 years plus 364 days old. Nor can they be 17 years plus one day old. And definitely NOT 16 years old. Why? Because 16 year old people are younger than 18 year old people. To put it another way, 18 year old people are older than 16 year old people.

Any questions? Yes, Jimmy. ... Jimmy asked what kind of cookies you all are being treated to. The answer is peanut butter and strawberry cookies with mercury frosting, served with imported milk from Fukushima, Japan, because the establishment wants to see all of you glow ... I mean grow.

https://youtu.be/gD0ut74tYgs?t=35

At the 35 second mark (linked above), CryptoNick clearly states that he is ONLY 16 years old. From today's lesson, is 16 years old older or younger than 18 years old? If you answered younger, then you, too, can have some of them delicious cookies and milk. How many referrals does CryptoNick have, you ask? ONLY 1,700+.

Now, if BitConnect wants to prove that they are operating on the up-and-up, then they'll do the most logical thing - suspend CryptoNick's account and clawback his referral bonuses and all the interest on his investment paid out since it's 100% evident he lied about his age when he agreed to their ToS when joining the program.

Feel free to refute the above, S2B, whereupon I'd gladly stick your fifth post - like your other four - back up your moronic asshole, you fuckin snowflake who can't handle adult language.

You jave worked hard to prove your point and it seems your point is valid.Now lets see wht other party says

[Gleb Gamow]

its legit man https://bitconnect.co/?ref=TripAndSmash

No it's not, man!

Asshole Bruno checking in to once again prove that BitConnect is a 100% scam using their own words.

https://bitconnect.co/terms-of-use/

For the retards in the audience slower than the normal retards, allow me to read the highlighted part slowly to you. Please pay attention else there'll be no cookies and milk for you later.

The service is available only to individuals who are at least 18 years old.

Can one of you special retards tells me what that means? ... Don't raise all your hands at once now. ... Nobody? ... Okay, I'll tell, and afterwards cookies and milk.

It means that a person can't be 17 years plus 364 days old. Nor can they be 17 years plus one day old. And definitely NOT 16 years old. Why? Because 16 year old people are younger than 18 year old people. To put it another way, 18 year old people are older than 16 year old people.

Any questions? Yes, Jimmy. ... Jimmy asked what kind of cookies you all are being treated to. The answer is peanut butter and strawberry cookies with mercury frosting, served with imported milk from Fukushima, Japan, because the establishment wants to see all of you glow ... I mean grow.

https://youtu.be/gD0ut74tYgs?t=35

At the 35 second mark (linked above), CryptoNick clearly states that he is ONLY 16 years old. From today's lesson, is 16 years old older or younger than 18 years old? If you answered younger, then you, too, can have some of them delicious cookies and milk. How many referrals does CryptoNick have, you ask? ONLY 1,700+.

Now, if BitConnect wants to prove that they are operating on the up-and-up, then they'll do the most logical thing - suspend CryptoNick's account and clawback his referral bonuses and all the interest on his investment paid out since it's 100% evident he lied about his age when he agreed to their ToS when joining the program.

Feel free to refute the above, S2B, whereupon I'd gladly stick your fifth post - like your other four - back up your moronic asshole, you fuckin snowflake who can't handle adult language.

You jave worked hard to prove your point and it seems your point is valid.Now lets see wht other party says

"Yes, my son, Nick, is only 16. And what's a crypto guru? Is that you, Uncle Bob, who used to put your hands down my pants when I was a little girl to check for bugs after I played on the beach?
I still can't get over how you two look so much alike. Ken? Wait, this ain't Uncle Bob?"

[Gleb Gamow]

https://bitconnect.co/terms-of-use/

Translated: 16-year-old CryptoNick is once again in breach of BitConnect's ToS by showcasing the names of his 1,700+ referrals more than once via videos on his YouTube channel.

The last time I checked, depicting a person's name is revealing personal information of said person. If not, I'll gladly do a tad of research and connect select depicted names - which BitConnect forbids disclosing by its users - to all their available vitals online. See why it's imperative that BitConnect has such a policy in place?

PS: Did you enjoy the cookies and milk I served up earlier? I see you glowing growing.

[AGM76]

Gleb, bitconnect doesn't require people to use their real names according to their faq section... the section you quoted contradicts that. But also what private information do you mean, because someone's username is the same as their referral link name so it's hardly private.

The bitconnect and bitcoin addresses on the platform when logging in are not shown on the account pages and are not the same each time. You literally have to press the deposit button for the address to come up (and sometimes it says the address is unavailable as I've shown before when they've had problems creating addresses). So the address for deposits probably change regularly and are not the same each time. They are never shown on the account pages except when someone clicks the deposit buttons. That is when an address is shown but I don't know how permanent they are.

Am I required to reveal my identity?

No. Bitconnect members can choose whether to specify their real name on public profile or remain known as a pseudonym.  If you wish to use your authentic name and verify your identity with bitconnect system, that would be more desirable. When you stand behind your Bitconnect activity with an authentic name, our community is more accountable overall.

UPDATE: Just saw someone post this in the comments to the 'glitch' fiasco on their site

Brent Edward  usopen65667268 • 3 days ago
They are not using the blockchain to actually store people's accounts. This is similar to the way many exchanges currently work. They give you a deposit address, but once your funds hit that address, it is swept back out and into their own pool, with an entry made into their database. Likewise, when you make a withdrawal, they have to pull the funds from one or more addresses before they can actually send it to you. Unfortunately, this is also similar to the way a bank works, i.e. called fractional reserve banking. So while blockchain assets are being accounted for coming in and going out. Internally, it's more likely some SQL database keeping track of everything.

[Gleb Gamow]

Gleb, bitconnect doesn't require people to use their real names according to their faq section... the section you quoted contradicts that. But also what private information do you mean, because someone's username is the same as their referral link name so it's hardly private.

The bitconnect and bitcoin addresses on the platform when logging in are not shown on the account pages and are not the same each time. You literally have to press the deposit button for the address to come up (and sometimes it says the address is unavailable as I've shown before when they've had problems creating addresses). So the address for deposits probably change regularly and are not the same each time. They are never shown on the account pages except when someone clicks the deposit buttons. That is when an address is shown but I don't know how permanent they are.

Am I required to reveal my identity?

No. Bitconnect members can choose whether to specify their real name on public profile or remain known as a pseudonym.  If you wish to use your authentic name and verify your identity with bitconnect system, that would be more desirable. When you stand behind your Bitconnect activity with an authentic name, our community is more accountable overall.

UPDATE: Just saw someone post this in the comments to the 'glitch' fiasco on their site

Brent Edward  usopen65667268 • 3 days ago
They are not using the blockchain to actually store people's accounts. This is similar to the way many exchanges currently work. They give you a deposit address, but once your funds hit that address, it is swept back out and into their own pool, with an entry made into their database. Likewise, when you make a withdrawal, they have to pull the funds from one or more addresses before they can actually send it to you. Unfortunately, this is also similar to the way a bank works, i.e. called fractional reserve banking. So while blockchain assets are being accounted for coming in and going out. Internally, it's more likely some SQL database keeping track of everything.

BitConnect does "require" its users to be at least 18 years of age. Can we agree on that?

CryptoNick is ONLY 16 years of age. Can we agree on that?

CryptoNick lied when he entered into contract with BitConnect, viz. agreeing to their ToS. Can we agree on that?

CryptoNick has 1,700+ referrals in BitConnect. Can we agree on that?

If you agree to all the above, do you agree that 1,700+ users in CryptoNick's downline have no issues with him being 16 years old in spite of it being against BitConnect's policy which every single one of them have agreed to said ToS when individually joining the program?

[flound1129]

Hello all,

BitConnect is now available for mining on Multipool.us.

We've found 5 blocks so far!  https://www.multipool.us/dashboard/pool/bcc

Thanks!

[BonTonPlease]

hmm ponzy or not, maybe ? we don't really know.
But 1% per day, it's awesome!

So right now, I would like to try the 120 days plan
Can it run for 120 days without crash ?

Didn't he just say somewhere else that it is NOT 1% guaranteed per day? Why do you then keep posting such content in a way that it is guaranteed?

[seyola89]

wow bitconnect is a very valuable cryptocurrency. All the way from 30 cents or so to over $100 now..
OMG..where was I in early 2017

[AGM76]

Gleb, bitconnect doesn't require people to use their real names according to their faq section... the section you quoted contradicts that. But also what private information do you mean, because someone's username is the same as their referral link name so it's hardly private.

The bitconnect and bitcoin addresses on the platform when logging in are not shown on the account pages and are not the same each time. You literally have to press the deposit button for the address to come up (and sometimes it says the address is unavailable as I've shown before when they've had problems creating addresses). So the address for deposits probably change regularly and are not the same each time. They are never shown on the account pages except when someone clicks the deposit buttons. That is when an address is shown but I don't know how permanent they are.

Am I required to reveal my identity?

No. Bitconnect members can choose whether to specify their real name on public profile or remain known as a pseudonym.  If you wish to use your authentic name and verify your identity with bitconnect system, that would be more desirable. When you stand behind your Bitconnect activity with an authentic name, our community is more accountable overall.

UPDATE: Just saw someone post this in the comments to the 'glitch' fiasco on their site

Brent Edward  usopen65667268 • 3 days ago
They are not using the blockchain to actually store people's accounts. This is similar to the way many exchanges currently work. They give you a deposit address, but once your funds hit that address, it is swept back out and into their own pool, with an entry made into their database. Likewise, when you make a withdrawal, they have to pull the funds from one or more addresses before they can actually send it to you. Unfortunately, this is also similar to the way a bank works, i.e. called fractional reserve banking. So while blockchain assets are being accounted for coming in and going out. Internally, it's more likely some SQL database keeping track of everything.

BitConnect does "require" its users to be at least 18 years of age. Can we agree on that?

CryptoNick is ONLY 16 years of age. Can we agree on that?

CryptoNick lied when he entered into contract with BitConnect, viz. agreeing to their ToS. Can we agree on that?

CryptoNick has 1,700+ referrals in BitConnect. Can we agree on that?

If you agree to all the above, do you agree that 1,700+ users in CryptoNick's downline have no issues with him being 16 years old in spite of it being against BitConnect's policy which every single one of them have agreed to said ToS when individually joining the program?

https://www.youtube.com/watch?v=czFKhiXf7Oc

Says he's 17 now but there is no age limit for buying bitcoins (as he had a coinbase account at that age which is regulated but they recently changed their policy: https://support.coinbase.com/customer/en/portal/articles/2034490-can-i-open-a-coinbase-account-if-i-m-under-18-?b_id=13521) and you can buy them at localbitcoins or some other exchanges at any age as I don't think bitcoin cares (you could ask bitcoin but don't think you'd get a reply).

So doubt it is illegal if he wants to lend some of his digital tokens to a 'lending bot', and it's a bit late now to ban him if he's invested etc.