cvdesty
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January 25, 2018, 05:16:29 PM Last edit: January 25, 2018, 05:30:43 PM by cvdesty |
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Yesterday, I was watching YT videos of people losing their life savings on Bitconnect and I have to tell you it was hard to watch I felt very bad for them....these Ponzis should be immediately banned when they are launched or barred from taking innocent people's money.
What I want to know is why nobody is going after Google for enabling greedy affiliates to promote these Ponzi schemes on Youtube.
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mcfom
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January 25, 2018, 05:58:47 PM |
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Bitconnect's price has fallen under $10 again in few days. Lats time there was bull trap for remaining greedy investors to fill the pockets of these scammers. This time it has collapsed totally on the dreams of so many people which were built on sand. This was obvious sooner or later.
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OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 25, 2018, 06:01:11 PM |
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BITCONNECT Xis a registered company in Panama and they are using Colombia to serve their website. This does not pass the test of a good ICO: https://steemit.com/cryptocurrency/@bryan2228/ultimate-ico-checklist-how-to-check-an-ico
IP/Domain Checker Domain Name: bitconnectx.co Top Level Domain: CO (Colombia)DNS Lookup IP Address: 104.31.72.4Geographic location not found Reverse DNS entry: not foundDomain Check
Domain Name: bitconnectx.coTop Level Domain: CO (Colombia) Domain Name: bitconnectx.coRegistry Domain ID: D12D3465F7EFC41328835876C46804344-NSR Registrar WHOIS Server: whois.namecheap.com Registrar URL: http://www.namecheap.comUpdated Date: 2018-01-09T05:32:57Z Creation Date: 2017-12-30T06:10:38Z Registry Expiry Date: 2019-12-30T06:10:38Z Registrar: NameCheap, Inc. Registrar IANA ID: 1068 Registrar Abuse Contact Email: abuse@namecheap.comRegistrar Abuse Contact Phone: +1.6613102107 Domain Status: clientTransferProhibited https://icann.org/epp#clientTransferProhibitedRegistry Registrant ID: C6ED62B1AE346422490881B3CD308C208-NSR Registrant Name: WhoisGuard Protected Registrant Organization: WhoisGuard, Inc. Registrant Street: P.O. Box 0823-03411 Registrant Street: Registrant Street: Registrant City: Panama Registrant State/Province: PanamaRegistrant Postal Code: Registrant Country: PA Registrant Phone: +507.8365503 Registrant Phone Ext: Registrant Fax: +51.17057182 Registrant Fax Ext: Registrant Email: ebeb32bf488343f4b35ec04914674d2c.protect@whoisguard.comRegistry Admin ID: C906763AF726F4C6596669F27E8D98535-NSR Admin Name: WhoisGuard Protected Admin Organization: WhoisGuard, Inc. Admin Street: P.O. Box 0823-03411 Admin Street: Admin Street: Admin City: Panama Admin State/Province: Panama Admin Postal Code: Admin Country: PA Admin Phone: +507.8365503 Admin Phone Ext: Admin Fax: +51.17057182 Admin Fax Ext: Admin Email: ebeb32bf488343f4b35ec04914674d2c.protect@whoisguard.comRegistry Tech ID: C783680B95BDD43BD885E79AFD7180805-NSR Tech Name: WhoisGuard Protected Tech Organization: WhoisGuard, Inc. Tech Street: P.O. Box 0823-03411 Tech Street: Tech Street: Tech City: Panama Tech State/Province: Panama Tech Postal Code: Tech Country: PA Tech Phone: +507.8365503 Tech Phone Ext: Tech Fax: +51.17057182 Tech Fax Ext: Tech Email: ebeb32bf488343f4b35ec04914674d2c.protect@whoisguard.comName Server: cheryl.ns.cloudflare.com Name Server: elliot.ns.cloudflare.com DNSSEC: unsigned URL of the ICANN Whois Inaccuracy Complaint Form: https://www.icann.org/wicf/>>> Last update of WHOIS database: 2018-01-25T08:59:29Z <<< cocaine cartel? :-D weee
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) weee™
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browndog785
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January 25, 2018, 06:52:49 PM |
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Are people still buying this coin? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Just crazy... Must be some kind of Stockholm syndrome ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bambarmia
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January 25, 2018, 07:07:19 PM |
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From one side it is a big tragedy for a people who lost a lot of money in this fucking ponzi scam. But from another point of view, this is good for crypto in general, because it is like a good treatment than a cancer was treated successfully and the crypto world finally get rid of it. Now only clueless idiots will invest in crypto ponzi schemes. The same story was with shit tokens using bitcoin and ethereum names, like: Etehreum dark, etehereum blue, bitcoin red, bitcoin silver, etc.. etc... They used fucking pump and dump schemes together with fake "Airdrops" A lot of noobs fall into that scams, but now that shit tokens and coins have no more value and clueless "Investors" learned a good lesson. That was another good treatment for crypto in general. I really hope that soon we will have only valuable and usable coins and tokens that are related to a real and usefull projects on the crypto market. Cheers.
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dooglus
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January 25, 2018, 07:16:08 PM |
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It's funny...coins like DASH are allowed to go up in price and not be called a Ponzi
You really can't be this dense. Nobody is saying that BitConnect's lending platform was a Ponzi because their token went up in value. That isn't what defines a Ponzi. People are saying that BitConnect's lending platform was a Ponzi because it promised unrealistic and unsustainable daily returns in USD terms. the promise of free coins forever for holding enough of them and not selling- sounds a bit like lending doesn't it?
All proof-of-stake coins promise free coins forever. They don't promise that these free coins won't debase the currency - because they will. If staking causes the supply of DASH to double, it's not unrealistic to expect the per-unit price of DASH to halve if there's no change in demand. And nobody is promising any different. It is the promise of sustained daily USD profits by the BCC lending platform that made it a Ponzi. It basically works exactly the same way - PoS mining/staking isn't much different either except the yearly interest they give you is a fixed percentage instead of variable although the more often you stake, the more it compounds and higher staking amounts tend to pay more often)
No, it's quite different. DASH's returns are in its own tokens. BCC's lending platform promised a return in USD, effectively promising that the USD price of BCC tokens would never fall below a certain price. That's a promise they couldn't afford to make, and a promise that they eventually broke. DASH was even moaning about Bitconnect to coinmarketcap's Twitter (calling it a Ponzi, no less)
That makes sense, because it was a Ponzi, and DASH isn't.
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YuTü.Co.in
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January 25, 2018, 07:24:58 PM |
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Name: AGM76 Posts: 350 Activity: 168 Merit: 100 Position: Full Member Date Registered: May 24, 2017, 06:42:47 AM Last Active: Today at 10:09:15 AM
Okay, who's giving AGM76 his first gifted sM?
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free-bit.co.in
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2018, 07:30:50 PM |
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In the other hand the Bitconnect creators and biggest promoters will be hunted down like animals and put hopefully in jail where they belong!! All evidence is there on that site, public records, names, faces, videos and more!
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suchmoon
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https://bpip.org
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January 25, 2018, 07:44:57 PM |
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Name: AGM76 Posts: 350 Activity: 168 Merit: 100 Position: Full Member Date Registered: May 24, 2017, 06:42:47 AM Last Active: Today at 10:09:15 AM
Okay, who's giving AGM76 his first gifted sM? I'm waiting for negative merits to be implemented.
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silverston
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January 25, 2018, 07:45:21 PM |
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Bitconnect's price has fallen under $10 again in few days. Lats time there was bull trap for remaining greedy investors to fill the pockets of these scammers. This time it has collapsed totally on the dreams of so many people which were built on sand. This was obvious sooner or later.
People are always trapped when they hear about quick and easy money. In fact, I agree - it was immediately clear that the bitconnect is a common trap, if you can say - the pyramid. The price in the moment rose to 400 dollars and it is very a pity to those naive people who bought at this price a coin of BCC ... Now it costs 13 dollars and I doubt that growth is expected. This is the end.
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YuTü.Co.in
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In the other hand the Bitconnect creators and biggest promoters will be hunted down like animals and put hopefully in jail where they belong!! All evidence is there on that site, public records, names, faces, videos and more! Interesting! Arrest them all where their only way for a reduced sentence is to spill the beans on all they know as to who's truly behind BitConnect, their respective sentences staying on record. Looking at you, too, Jrevon Tames.
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cvdesty
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January 25, 2018, 08:12:22 PM |
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I really hope that soon we will have only valuable and usable coins and tokens that are related to a real and usefull projects on the crypto market. Cheers.
Same here.
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alexandrofff
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January 25, 2018, 09:02:49 PM |
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It is not the first coin what makes the pre-sale amount nearly 2 million. What is the reason? For example, the last I saw is about LuckyToken: the amount of tokens available for pre-sale is 2,000,000 LUC.
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MPE Project
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January 25, 2018, 09:47:34 PM |
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Interesting,all who bought @ 0.20-1$ and sold @ 200$+ also unhappy? people,this is crypto,look @ coinmarketcap,bitconnect from 0.12$ to 400$+ and people started talking that its a scam at begin,we have winners and losers,someone got lambo,someone bought him that lambo,thats all,you can write whereever you want,but if i got that coin @20 cent and sold it to YOU for 200$+ its your problems,not mine.
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Crestington
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January 25, 2018, 10:12:00 PM |
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In the other hand the Bitconnect creators and biggest promoters will be hunted down like animals and put hopefully in jail where they belong!! All evidence is there on that site, public records, names, faces, videos and more! Interesting! Arrest them all where their only way for a reduced sentence is to spill the beans on all they know as to who's truly behind BitConnect, their respective sentences staying on record. Looking at you, too, Jrevon Tames. I had found a video where he started with $110 dollars, had amassed $528,000 through the affiliate program was locking in $10,100 as BCC was hitting $400 and BTC was at $18,000. https://www.youtube.com/watch?v=Y1ND0mu-6-wThat would be worth like 17k now Curious to know if he has anything left after all of that or how much he actually made cause I think a lot of his was probably stuck in the platform. Although, he was recently pushing a new Ponzi scheme called DavorCoin. I think it's reckless and he should get stung big time.
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Calidude
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January 25, 2018, 10:16:29 PM Merited by vapourminer (1) |
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https://thenextweb.com/hardfork/2018/01/25/bitconnect-lawsuit-florida/BitConnect hit with class action lawsuit from six victims who lost over $770,000 Judgement day has come for BitConnect: The Southern District of Florida handed the shifty Bitcoin investment lending platform its first class action lawsuit yesterday, alleging the company swindled the plaintiffs for a sum exceeding $770,000. The case, brought by six former investors, names several BitConnect branches registered in the UK. More interestingly though, it also goes after local promoters who blatantly hyped the investment scheme on YouTube and other social media channels. Among others, the lawsuit lists BitConnect affiliate marketer Glenn Arcaro, who holds a director position in the company according to the British Companies House registrar. It also names Trevon Brown (better known as Trevon James around the web), Ryan Hildreth, Craig Grant, CryptoNick (filed as John Doe) and several other unnamed promoters. The document bizarrely opens with a reference to the song Welcome to Wonderland from the Broadway play Wonderland. “Sure enough the crypto-Wonderland created by BitConnect was too good to be real,” the document reads. “As the business’ closure in January 2018 revealed a Ponzi scheme, numerous securities laws violations, and thousands upon thousands of investors who lost [more than] 90 percent of their holdings.” According to figures in the filing, the plaintiffs lost sums ranging from $11,500 to $200,000. “Plaintiffs and Class Members seek compensatory and equitable relief rescinding their investments in BitConnect and restoring them the assets and funds they were fraudulently induced into investing,” the case insists. For context, the case describes “Class Members” as any BitConnect investors with the exception of the defendants and any individuals commercially involved in the defendants’ affiliate marketing efforts. All investors that fit this criteria can join the class action against the company. In a curious turn of events, some of the BitConnect promoters named in the lawsuit – including Arcaro and Hildreth – went on to wipe their entire YouTube channels when BitConnect received its first cease and desist orders from the Texas Securities Board and the North Carolina Securities Division. Still, suspicious netizens were thoughtful enough to archive some of the promo footage before the marketers had a chance to pull it from their channels. Independent cryptocurrency sleuth Bitfinex’ed has since provided us with some of Arcaro’s deleted videos. You can access all of them from this link.
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Link to ICE ROCK MINING SCAM THREAD https://bitcointalk.org/index.php?topic=3139632.40
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Calidude
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January 25, 2018, 10:18:07 PM |
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Link to ICE ROCK MINING SCAM THREAD https://bitcointalk.org/index.php?topic=3139632.40
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YuTü.Co.in
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2018, 10:36:18 PM |
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https://thenextweb.com/hardfork/2018/01/25/bitconnect-lawsuit-florida/BitConnect hit with class action lawsuit from six victims who lost over $770,000 Judgement day has come for BitConnect: The Southern District of Florida handed the shifty Bitcoin investment lending platform its first class action lawsuit yesterday, alleging the company swindled the plaintiffs for a sum exceeding $770,000. The case, brought by six former investors, names several BitConnect branches registered in the UK. More interestingly though, it also goes after local promoters who blatantly hyped the investment scheme on YouTube and other social media channels. Among others, the lawsuit lists BitConnect affiliate marketer Glenn Arcaro, who holds a director position in the company according to the British Companies House registrar. It also names Trevon Brown (better known as Trevon James around the web), Ryan Hildreth, Craig Grant, CryptoNick (filed as John Doe) and several other unnamed promoters. The document bizarrely opens with a reference to the song Welcome to Wonderland from the Broadway play Wonderland. “Sure enough the crypto-Wonderland created by BitConnect was too good to be real,” the document reads. “As the business’ closure in January 2018 revealed a Ponzi scheme, numerous securities laws violations, and thousands upon thousands of investors who lost [more than] 90 percent of their holdings.” According to figures in the filing, the plaintiffs lost sums ranging from $11,500 to $200,000. “Plaintiffs and Class Members seek compensatory and equitable relief rescinding their investments in BitConnect and restoring them the assets and funds they were fraudulently induced into investing,” the case insists. For context, the case describes “Class Members” as any BitConnect investors with the exception of the defendants and any individuals commercially involved in the defendants’ affiliate marketing efforts. All investors that fit this criteria can join the class action against the company. In a curious turn of events, some of the BitConnect promoters named in the lawsuit – including Arcaro and Hildreth – went on to wipe their entire YouTube channels when BitConnect received its first cease and desist orders from the Texas Securities Board and the North Carolina Securities Division. Still, suspicious netizens were thoughtful enough to archive some of the promo footage before the marketers had a chance to pull it from their channels. Independent cryptocurrency sleuth Bitfinex’ed has since provided us with some of Arcaro’s deleted videos. You can access all of them from this link. The U$200,000 Investard: Seriously, you think it's prudent for the creator of BitConnect to give his real name in this space? Why don't you assholes quit worrying about how we spend our money. We're all adults and know what we're getting into. You're now on my ignore list. Have a good life! BitConnect: We're closing our doors due to bad press. Goodbye. The U$200,000 Investard: Dudes, can you guys help me get my money back? Does anybody know who the fucker is behind BitConnect? I'm suing their asses! Asshole: Wait, I thought the likes of me were on your ignore list. Have a change of heart? The U$200,000 Investard: Gulp!
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fapnnap
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January 25, 2018, 11:48:32 PM |
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but why would anyone invest in this anyway?
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fapnnap
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January 26, 2018, 12:17:59 AM |
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WOW DavorCoin is truly going to be the best lending platform now.They've found a great new way to encourage lending. They allow people to get their capital release anytime they choose. They just have to pay back the interest (only up to the first month and half of month two's). This should stop all the Ponzi accusations as this proves they don't have any trouble returning these loans whenever anyone wants them back and also keeps customers in control of their own money. Genius. Others are also going to copy this. Everyone has to get into this platform now: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi67.tinypic.com%2F35kjvwz.png&t=665&c=DfD9M1pgCJruwA) they're known scammers :/
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