kingmoneymastery
Jr. Member
Offline
Activity: 61
Merit: 1
Join The Frontier
|
|
September 30, 2017, 06:17:05 AM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
|
|
|
|
rudystyle
|
|
September 30, 2017, 07:11:24 AM |
|
Anyone knows how to add nodes to the qt wallet? My connection to network is weak. Thanks in advance. By the way I think BitConnect definitely is a good passive income generator and a noble attempt for financial freedom for many of its users. Invest big, pull out initial capital and let the profits compound, earning a very passive income while at it. I know of friends who have 7 figures invested into BitConnect. Not kidding. These are my own personal opinions and not financial advice. Everyone will have different views, and I respect and listen to both sides. Have a good day ahead Wow 7 figures. If Bitconnect even runs for 6 months they will make out like bandits
|
|
|
|
Saisher
|
|
September 30, 2017, 09:01:17 AM |
|
It's a scam but I made $20K from it :p
That's very contradicting imagine you made $20 k from a program that you trust your money now you are shouting scam because you are not investing anymore, I want to see people who really lost money here because they are the one who really scam by bitconnectcoin.
|
|
|
|
jravago
Full Member
Offline
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
|
|
September 30, 2017, 01:40:25 PM |
|
It's a scam but I made $20K from it :p
That's very contradicting imagine you made $20 k from a program that you trust your money now you are shouting scam because you are not investing anymore, I want to see people who really lost money here because they are the one who really scam by bitconnectcoin. I think his just shouting scam as a joke because a lot of people think Bitconnect is a scam but he earns 20k out of it. so if its a scam, then how come he earns 20k.
|
|
|
|
rudystyle
|
|
September 30, 2017, 02:06:46 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime
|
|
|
|
thankyoubasedgod
Newbie
Offline
Activity: 5
Merit: 0
|
|
September 30, 2017, 03:47:33 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank.
|
|
|
|
spaceman2
Newbie
Offline
Activity: 65
Merit: 0
|
|
September 30, 2017, 04:29:49 PM |
|
Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank.
they dont control 28million. all coins havent been mined/staked yet. but they do control 5.5m of the 7.8m existing coins. (immensely premined, i dare you to trace the biggest wallets back to block #1) https://chainz.cryptoid.info/bcc/#!richthey are just waiting for enough idiots to jump on so they can sell all their coins (even 1% of it is enough to set anyone for life) for bitcoins and be gone for good.
|
|
|
|
bambarmia
|
|
September 30, 2017, 04:44:12 PM |
|
Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank.
they dont control 28million. all coins havent been mined/staked yet. but they do control 5.5m of the 7.8m existing coins. (immensely premined, i dare you to trace the biggest wallets back to block #1) https://chainz.cryptoid.info/bcc/#!richthey are just waiting for enough idiots to jump on so they can sell all their coins (even 1% of it is enough to set anyone for life) for bitcoins and be gone for good. WOW.. the rich list of that bastards looks awesome ...
|
|
|
|
bitinit
Newbie
Offline
Activity: 1
Merit: 0
|
|
September 30, 2017, 05:12:55 PM |
|
Here is a video I did on Bit Connect... https://www.youtube.com/watch?v=POthTiv_4hwI am going to post an updated video in a few days about my progress so far. It may be a scam in the end, but if you play it safe you could make some money before it closes down. The service is based on giving loans to their trading bot and you make between 0% - 2% each day on your loan amount. Watch the video for a better explanation.
|
|
|
|
rudystyle
|
|
September 30, 2017, 06:37:58 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand?
|
|
|
|
MJMJ
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 01, 2017, 12:52:10 AM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think the first point he was trying to make is that while it's tracked and calculated in dollars on the bitconnect website, you never actually own real world dollars in this system. They are just using dollars as the currency the payouts/loan system is based on/tracked in. But you don't actually have a bank account somewhere with those dollars in it in your name. They could just as easily have called them bitconnect bananas and said 1 bitconnect banana = 1 dollar, but obviously it just makes sense to track it in dollars as that's what the price of bitcoin is mainly tracked in and is of course easier to understand for everyone. It makes no difference because the only way to cash out the dollars (or bitconnect bananas) is to convert them to BCC on their system first at whatever the current BTC/USD and BCC/BTC prices dictate. And then of course you're free to withdraw either BCC or BTC. He is of course mistaken about them controlling 28 million BCC though as that many don't even exist. And of the 7+million that do exist obviously many of them are in private hands now.
|
|
|
|
MJMJ
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 01, 2017, 01:25:56 AM |
|
Here is a video I did on Bit Connect... https://www.youtube.com/watch?v=POthTiv_4hwI am going to post an updated video in a few days about my progress so far. It may be a scam in the end, but if you play it safe you could make some money before it closes down. The service is based on giving loans to their trading bot and you make between 0% - 2% each day on your loan amount. Watch the video for a better explanation. If you think it may be a scam wouldn't the best way for your audience to 'play it safe' be to avoid this investment altogether and find another opportunity, not invest anyway and hope to get out before it collapses? Just be honest, you have realised it's possible to make a ton of money via referrals so you're promoting it anyway. Which is fine if you're upfront about it but just don't make out like there's some secret way to 'play it safe'. Bear in mind anyone you convince to sign up now is getting in further down the line than you so is at greater risk than you if it is a fraud. Basically don't do a Craig Grant. (He has openly said he thinks it's a total lie and that they have no trading bot, and yet he's one of the biggest promoters of it because he makes a ton via referrals, thereby admitting he couldn't care less what happens to his viewers as long as he's made his money)
|
|
|
|
barfine
Newbie
Offline
Activity: 55
Merit: 0
|
|
October 01, 2017, 07:45:29 AM |
|
It's a scam but I made $20K from it :p
That's very contradicting imagine you made $20 k from a program that you trust your money now you are shouting scam because you are not investing anymore, I want to see people who really lost money here because they are the one who really scam by bitconnectcoin. It is called sarcasm.
|
|
|
|
diskodasa
|
|
October 01, 2017, 08:39:43 AM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think he want to say how much money he can get daily by invest 10k$. 0,5% -2% per day. fyi
|
|
|
|
rudystyle
|
|
October 01, 2017, 09:41:06 AM Last edit: October 01, 2017, 10:05:12 AM by rudystyle |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think the first point he was trying to make is that while it's tracked and calculated in dollars on the bitconnect website, you never actually own real world dollars in this system. They are just using dollars as the currency the payouts/loan system is based on/tracked in. But you don't actually have a bank account somewhere with those dollars in it in your name. They could just as easily have called them bitconnect bananas and said 1 bitconnect banana = 1 dollar, but obviously it just makes sense to track it in dollars as that's what the price of bitcoin is mainly tracked in and is of course easier to understand for everyone. It makes no difference because the only way to cash out the dollars (or bitconnect bananas) is to convert them to BCC on their system first at whatever the current BTC/USD and BCC/BTC prices dictate. And then of course you're free to withdraw either BCC or BTC. He is of course mistaken about them controlling 28 million BCC though as that many don't even exist. And of the 7+million that do exist obviously many of them are in private hands now. It doesn't matter whether it's called bitconnect bananas or bitconnect shit. Right now you get real USD $135 for a piece of it. If you have 1 BCC, you will get 0.031 BTC ($135) right now. Just because they don't send it directly to your bank account does not mean it's fake $$. YOU can transfer it to BTC and then transfer it to your Bank Account if you are really so concerned of your bank balance. No one is stopping you from doing it.
|
|
|
|
Tmdz
|
|
October 01, 2017, 01:26:10 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think the first point he was trying to make is that while it's tracked and calculated in dollars on the bitconnect website, you never actually own real world dollars in this system. They are just using dollars as the currency the payouts/loan system is based on/tracked in. But you don't actually have a bank account somewhere with those dollars in it in your name. They could just as easily have called them bitconnect bananas and said 1 bitconnect banana = 1 dollar, but obviously it just makes sense to track it in dollars as that's what the price of bitcoin is mainly tracked in and is of course easier to understand for everyone. It makes no difference because the only way to cash out the dollars (or bitconnect bananas) is to convert them to BCC on their system first at whatever the current BTC/USD and BCC/BTC prices dictate. And then of course you're free to withdraw either BCC or BTC. He is of course mistaken about them controlling 28 million BCC though as that many don't even exist. And of the 7+million that do exist obviously many of them are in private hands now. It doesn't matter whether it's called bitconnect bananas or bitconnect shit. Right now you get real USD $135 for a piece of it. If you have 1 BCC, you will get 0.031 BTC ($135) right now. Just because they don't send it directly to your bank account does not mean it's fake $$. YOU can transfer it to BTC and then transfer it to your Bank Account if you are really so concerned of your bank balance. No one is stopping you from doing it. It is an accounting system same as a bank would use. A bank keep very little money in house like 5% and the rest gets invested to make them profit. The numbers someone sees on their account means nothing, it is an IOU. Nothing but a promise to pay, 95% of that money is not sitting in the bank.
|
|
|
|
|
MJMJ
Newbie
Offline
Activity: 42
Merit: 0
|
|
October 01, 2017, 04:02:33 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think the first point he was trying to make is that while it's tracked and calculated in dollars on the bitconnect website, you never actually own real world dollars in this system. They are just using dollars as the currency the payouts/loan system is based on/tracked in. But you don't actually have a bank account somewhere with those dollars in it in your name. They could just as easily have called them bitconnect bananas and said 1 bitconnect banana = 1 dollar, but obviously it just makes sense to track it in dollars as that's what the price of bitcoin is mainly tracked in and is of course easier to understand for everyone. It makes no difference because the only way to cash out the dollars (or bitconnect bananas) is to convert them to BCC on their system first at whatever the current BTC/USD and BCC/BTC prices dictate. And then of course you're free to withdraw either BCC or BTC. He is of course mistaken about them controlling 28 million BCC though as that many don't even exist. And of the 7+million that do exist obviously many of them are in private hands now. It doesn't matter whether it's called bitconnect bananas or bitconnect shit. Right now you get real USD $135 for a piece of it. If you have 1 BCC, you will get 0.031 BTC ($135) right now. Just because they don't send it directly to your bank account does not mean it's fake $$. YOU can transfer it to BTC and then transfer it to your Bank Account if you are really so concerned of your bank balance. No one is stopping you from doing it. Not sure you understand the point I was making but never mind. It's a similar line of thinking to trading a CFD of a stock. You can 'buy' or 'sell' the stock and cash out the profit but you never actually own the stock itself, you're just trading on the price. It doesn't make the profits any less real once you cash them out. Just for a quick example imagine I create a coin called MJCOIN. The only currency I own in the world is 1 MJCOIN and I sell it to you for 1 BTC, and you then lend the MJCOIN back to me to trade with in exchange for interest (exactly the same as BCC). I represent your account with me in dollars based on the bitcoin price on the day you loan me the 1 MJCOIN, but I still don't actually own any dollars. At this point I now own 1 MJCOIN that you have lent back to me and also the 1 BTC that you paid me, so I can trade both of these to make more to pay you interest with. At no point are there any actual dollars in this system, it's just the currency we are using to keep track of everything. That is of course not to say there is no value in the system, and when you cash out you can convert your earnings to dollars, but that will be done somewhere else. As long as they are solvent it makes no difference anyway because as you say you can just convert it to BCC and then either withdraw that or sell them for BTC and then convert it to dollars somewhere else.
|
|
|
|
Khurram Bin Kamal
|
|
October 01, 2017, 05:13:58 PM |
|
Is it profitable to mine BCC with L3+ if yes than which pool is best, any calculator available and can the mined coins be lend
|
|
|
|
Gleb Gamow
In memoriam
VIP
Legendary
Offline
Activity: 1428
Merit: 1145
|
|
October 01, 2017, 07:02:36 PM |
|
Bitconnect getting that nice payout daily. I don't have to work anymore I guess..
how many bitconnect you get daily if you invest 10k$? look interesting You won't get BCC coin, you will get in USD which you can convert to BCC coin anytime Don't be so naive, you're not getting USD, you're basically getting some value thats has nothing to with USD, so really all BCC is doing is giving you free BCC, since they own all the BCC and control it all (28 million) If you're really getting USD then why can't you do nothing with it on their platform but buy BCC? You can't withdraw the so called USD to your bank. You are speaking without having any idea of BCC. You exchange your USD for BCC and then you can exchange BCC for Bitcoin currently at the rate of $135 per BCC. You can do whatever you want with your Bitcoin. Why is it so difficult to understand? I think the first point he was trying to make is that while it's tracked and calculated in dollars on the bitconnect website, you never actually own real world dollars in this system. They are just using dollars as the currency the payouts/loan system is based on/tracked in. But you don't actually have a bank account somewhere with those dollars in it in your name. They could just as easily have called them bitconnect bananas and said 1 bitconnect banana = 1 dollar, but obviously it just makes sense to track it in dollars as that's what the price of bitcoin is mainly tracked in and is of course easier to understand for everyone. It makes no difference because the only way to cash out the dollars (or bitconnect bananas) is to convert them to BCC on their system first at whatever the current BTC/USD and BCC/BTC prices dictate. And then of course you're free to withdraw either BCC or BTC. He is of course mistaken about them controlling 28 million BCC though as that many don't even exist. And of the 7+million that do exist obviously many of them are in private hands now. It doesn't matter whether it's called bitconnect bananas or bitconnect shit. Right now you get real USD $135 for a piece of it. If you have 1 BCC, you will get 0.031 BTC ($135) right now. Just because they don't send it directly to your bank account does not mean it's fake $$. YOU can transfer it to BTC and then transfer it to your Bank Account if you are really so concerned of your bank balance. No one is stopping you from doing it. Not sure you understand the point I was making but never mind. It's a similar line of thinking to trading a CFD of a stock. You can 'buy' or 'sell' the stock and cash out the profit but you never actually own the stock itself, you're just trading on the price. It doesn't make the profits any less real once you cash them out. Just for a quick example imagine I create a coin called MJCOIN. The only currency I own in the world is 1 MJCOIN and I sell it to you for 1 BTC, and you then lend the MJCOIN back to me to trade with in exchange for interest (exactly the same as BCC). I represent your account with me in dollars based on the bitcoin price on the day you loan me the 1 MJCOIN, but I still don't actually own any dollars. At this point I now own 1 MJCOIN that you have lent back to me and also the 1 BTC that you paid me, so I can trade both of these to make more to pay you interest with. At no point are there any actual dollars in this system, it's just the currency we are using to keep track of everything. That is of course not to say there is no value in the system, and when you cash out you can convert your earnings to dollars, but that will be done somewhere else. As long as they are solvent it makes no difference anyway because as you say you can just convert it to BCC and then either withdraw that or sell them for BTC and then convert it to dollars somewhere else. Excellent post about BitConnect's businness model, albeit trading their influx of BTC is NOT part of the equation as I've dully demonstrated - JUST HOLD BTC!
|
|
|
|
|