[ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency

[chohav]

I was very curious how long this will last ...lasted too long already in my opinion.

Thanks

Its last because of bitcoin price since majority deposit made by bitcoin and they also have control of bitconnect coin.
With the bitcoin price drive, the lending profit all come from capital gain of bitcoin.

The end of the game also predictable, whenever bitcoin price plump than the project will halt or finish.

Wrong again. They only paid in BCC tokens. The BCC went up at a higher rate than the lending rate (people who invest in the lending give up the growth of the BCC token as it's fixed in USD). Bitconnect have been massively profitable throughout due to the price and demand of their coin. They were effectively sharing the profits of the growth of the coin. The only problem now is they paid about 3 months interest to everyone in one go and everyone wants to cash out at the same time.

OMG Do you even believe what you just wrote?
bitconnect is known ponzi scheme and most of the people entering it knew this too, but greed is more powerful than thinking.

[KuromaYoichi]

Wow so finally this ponzi meet its end, It's amazing enough for this one to last very long. Hope this will be a good lesson for the greedy one out there, there's a lot of warning that bitconnect is a ponzi and can shutdown anytime but they don't care and now finally they learn the truth by losing their money here.

[thiec]

I was very curious how long this will last ...lasted too long already in my opinion.

Thanks

Its last because of bitcoin price since majority deposit made by bitcoin and they also have control of bitconnect coin.
With the bitcoin price drive, the lending profit all come from capital gain of bitcoin.

The end of the game also predictable, whenever bitcoin price plump than the project will halt or finish.

Wrong again. They only paid in BCC tokens. The BCC went up at a higher rate than the lending rate (people who invest in the lending give up the growth of the BCC token as it's fixed in USD). Bitconnect have been massively profitable throughout due to the price and demand of their coin. They were effectively sharing the profits of the growth of the coin. The only problem now is they paid about 3 months interest to everyone in one go and everyone wants to cash out at the same time.

Your point is Why do the BCC Price drop, My point is Why does the Lending Program Fail to delivery promise.

[AGM76]

I was very curious how long this will last ...lasted too long already in my opinion.

Thanks

Its last because of bitcoin price since majority deposit made by bitcoin and they also have control of bitconnect coin.
With the bitcoin price drive, the lending profit all come from capital gain of bitcoin.

The end of the game also predictable, whenever bitcoin price plump than the project will halt or finish.

Wrong again. They only paid in BCC tokens. The BCC went up at a higher rate than the lending rate (people who invest in the lending give up the growth of the BCC token as it's fixed in USD). Bitconnect have been massively profitable throughout due to the price and demand of their coin. They were effectively sharing the profits of the growth of the coin. The only problem now is they paid about 3 months interest to everyone in one go and everyone wants to cash out at the same time.

Your point is Why do the BCC Price drop, My point is Why does the Lending Program Fail to delivery promise.

Well what they actually did was instead of paying 1 day's interest today, they paid everyone 100 days of interest. It was not for any financial reasons they stopped. They were making profit all the time. Their coin price reflects the demand and they could have carried on but were probably forced to stop due to their USA customers..

[maomew]

has anyone been able to cash out? it says refund will be $300+ per BCC token lmao.

[AGM76]

has anyone been able to cash out? it says refund will be $300+ per BCC token lmao.

That's how they convert your USD loans.... if you had $36300 invested you will get 100BCC back ($363 per BCC they are using based on the last 15-day average price).

Obviously, they probably made enough profit to keep collateral for these loans but instead they are doing what their platform promises to do and paying in BCC tokens. They are paying your loan back early, though. Unfortunately, the coin will not reach that price again unless they create more demand for it. They told some promoters (Craig Grant has a video about it) that the coin will reach the same value within 6 months.

[maomew]

has anyone been able to cash out? it says refund will be $300+ per BCC token lmao.

That's how they convert your USD loans.... if you had $36300 invested you will get 100BCC back ($363 per BCC they are using based on the last 15-day average price).

Obviously, they probably made enough profit to keep collateral for these loans but instead they are doing what their platform promises to do and paying in BCC tokens. They are paying your loan back early, though. Unfortunately, the coin will not reach that price again unless they create more demand for it. They told some promoters (Craig Grant has a video about it) that the coin will reach the same value within 6 months.

cool, i've never been in bitconnect before. Anyway i dont think the founder would be exit scamming as his face was already out on youtube right? I believe many would pay to assassinate him if he ever exit scams.

[Anubhav712]

How do we get our money back now , as its value is now nothing and my money is still stuck cannot take it out?

[zintips]

has anyone been able to cash out? it says refund will be $300+ per BCC token lmao.

=============================================

where does it say that? do you have a link? otherwise is fake news.

[Zicore47]

has anyone been able to cash out? it says refund will be $300+ per BCC token lmao.

=============================================

where does it say that? do you have a link? otherwise is fake news.

https://bitconnect.co/system-news/94/changes-coming-for-the-bitconnect-system-halt-of-lending-and-exchange-platform/

[alphaboss]

BCC just hit $24. Are you guys holding or selling this coin?

[The Yorkshire Pudd]

I was hoping for another 6 months out of them. I think a lot of users knew deep down it would all come crashing to an end. Personally I made slightly more than my investment and cashed out most of the profit. Although a large chunk of the earnings from the platform was stuck in re-investments which it looks like I am going to get back at $25 a bcc coin...sickened.

I give my condolences for those who especially didn't even reach break even. This is not what crypto is about. This has also come at a time where regulations maybe more than FUD so it certainly has hurt this space.

Just an idea, not that it probably matters, more of an interest really but as an investor you could not ask for your loan back yet they have just stopped everyones loans. Is that not classed as a breach of contract? Something they could be sued for? I know it's not like a proper company or whatever as the people behind it are still unknown..but they are still raising money with the ICO (surely nobody is going to invest?!) so if the possibility of a slip up from their personnel makes them visible then maybe a lawsuit can follow for breach of contract?
I have been up all night watching the shit show go down so I'm probably just rambling haha

[bestvcc]

i have around $1k with bitconnect ,lets holding lets hope for the best

[Hunterwolfie]

http://behindmlm.com/companies/bitconnect/top-us-bitconnect-investor-glenn-arcaro-vanishes/

Trevon James, Craig Grant and all other US based promoters better be getting some good lawyers.

 

[SyamSoedin]

lets say why bitconnect not giving back their investor fund in dollar as usual instead of they force their investor to buying coin on $362 rate while on other exchange the rate is just 10% of that value which is not over $30 right now ...

is they robbing their own investor ?

[Hunterwolfie]

lets say why bitconnect not giving back their investor fund in dollar as usual instead of they force their investor to buying coin on $362 rate while on other exchange the rate is just 10% of that value which is not over $30 right now ...

is they robbing their own investor ?

you got fucked in the ass without any lube you stupid faggot.

they took your precious bitcoin and gave you worthless tokens.

 

[MaGNeT]

lets say why bitconnect not giving back their investor fund in dollar as usual instead of they force their investor to buying coin on $362 rate while on other exchange the rate is just 10% of that value which is not over $30 right now ...

is they robbing their own investor ?

It's a ponzi, what did you expect?

It's over.

BCC tokens have no value, Bitconnect is dead, I'm suprised people still keep buying them.

[coinmenace]

lets say why bitconnect not giving back their investor fund in dollar as usual instead of they force their investor to buying coin on $362 rate while on other exchange the rate is just 10% of that value which is not over $30 right now ...

is they robbing their own investor ?

It's a ponzi, what did you expect?

It's over.

BCC tokens have no value, Bitconnect is dead, I'm suprised people still keep buying them.

They are “paying” back their investors with what appears to be a good value in terms of $$$ for their BCC tokens. But then this BCC token by the time you want to convert to BTC will be worthless. I am surprised there are still people trading BTC for BCC.

[centner]

It took 7 hours to withdraw BCC to HItBTC!

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