[ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency

[nutildah]

Seriously? This Coin still alive? There are still many people in my country who promote this coin on facebook or in real life.

i guess people that never sold during the huge dip still hope there will be a miracle.....sorry for them....but you never know

I know. I'm telling you for sure. There will be no miracle. The coin produced nothing. It is a collapsed Ponzi scheme. What's somebody gonna do? Pick the Ponzi scheme back up, dust if off and raise it from the dead? It's still a Ponzi scheme. A revamped pile of horseshit is still a pile of horseshit.

[European Central Bank]

I know. I'm telling you for sure. There will be no miracle. The coin produced nothing. It is a collapsed Ponzi scheme. What's somebody gonna do? Pick the Ponzi scheme back up, dust if off and raise it from the dead? It's still a Ponzi scheme. A revamped pile of horseshit is still a pile of horseshit.

does it have its own actual functioning blockchain with wallets and stuff and a way to mine or stake? if it does then i see no reason why it can't pump again as a vanilla coin promising nothing. weirder things have happened and it certainly had a high profile for a while. and it's not as if crypto will ever run low on shamelessness.

[cabron]

So you guys still have the positive attitude to this coin?  Crypto is crypto no matter how crazy things had been as long as its been traded means its still alive. I can't just believe how the supporters see how it dip $430 to $0.60 and can't see its one of the greatest heist in crypto.

But let me encourage you one more time after all we are all in this together. Its not about what it is. Its about what it can become, it may be $0.60 for now it may be $600 later on in your dreams

[European Central Bank]

Why would a Ponzi schemer (aka shitty criminal) rehash this when everybody knows it was a scam? Why not just build a new scam from the ground up? This coins stands for nothing but greed and stupidity. Its reputation is extremely negative. That's why its not going anywhere. Want to make a bet?

because most people are incredibly stupid and many will have heard the name.

like i said, if it's a functioning coin, and i'm not sure about that, then maybe it'll be treated as a standard speculative vehicle in future. you don't have to glue a ponzi on top of it.

if someone has bags they may try to pump and people will join any pump.

[BitPotus]

https://www.bloomberg.com/news/articles/2018-08-09/cryptokidnapping-or-how-to-lose-3-billion-of-bitcoin-in-india?utm_source=twitter&utm_campaign=socialflow-organic&utm_medium=social&utm_content=crypto



Between late 2016 and early 2017, Bhatt invested in BitConnect, a cryptocurrency firm that was being promoted in Gujarat by a man called Satish Kumbhani, according to Bhatia, the CID investigator, in an interview at his office late June.

Kumbhani is one of the founders of BitConnect, which has allegedly scammed individuals across the globe, according to Crypto Watchdogs, a group of six investors who’ve filed a U.S. federal lawsuit against the company.


Shit is hitting ze fan in Bitconnect Land....

Maybe we will know who the cunts behind it were soon...

[proo7]

Bitconnect Scam Nets $3 Billion in India !


The Shailesh Bhatt saga from India’s merchant-dominant state of Gujarat hit new highs last week after the elaborate network of politicians, kidnappers, law enforcement officers, and local authorities unraveled loan sharks.  In all, Bhatt’s bitcoin scam is estimated at a mammoth $3 billion, all in BTC.

Ruling Party Connections
Months before the Indian ruling party elections go into full swing, Prime Minister Narendra Modi faces an embarrassing situation of sorts after prominent politicians and high-ranking police officers from Modi’s home state were found facilitating the cryptocurrency scam.

CCN has been closely following developments since Bhatt was first reprimanded in February 2018, which saw the prime accused confess to local police about kidnapping investors in connection with a Bitconnect investment scheme.

At the time, Bhatt alleged continual harassment from police authorities who kidnapper the builder and demanded 200 BTC, or $1.8 million, for his safe release. The builder duly paid this amount.

However, Bhatt found himself on the other side of the law after authorities discovered several inconsistencies in his incident account, leading officers to believe they had stumbled upon a scam spanning over continents and involving a few hundred million.

Subsequently, arrests were made after Bhatt helped police identify the guilty and unfortunately, they even included Nalin Kotadiya, a member of Modi’s lawmaking department, in the list of accused.

Networks all Around the World
Bhatt and Kotadiya remain absconding; it is believed that the two parties are at fierce loggerheads with each other, as evidenced by their continual blame game at each other.

While Bhatt made appearances at local police stations to provide his account, Kotadiya posted a video on YouTube in April 2018, naming Bhatt as the prime purveyor of the scam while maintaining his innocence.

In the video, Kotadiya threatens to release damning evidence against Bhatt and several others, including politicians.

While centered in Surat, Gujarat’s diamond-centric industrial city, the scam extends as far as Texas, U.S., and reportedly even involves local celebrities.

Bitconnect Used to Scam Investors
For the uninitiated, Bhatt’s scam saw Bitconnect, a much-tainted “dead coin,” being offered to investors as a promising cryptocurrency investment for those who missed the Bitcoin brigade. Investors were asked to invest BTC in turn of Bitconnect pay-outs every month, with return figures quoted at 40 percent of total investment.

Using the framework as mentioned earlier, Bhatt and his accomplices were able to trap unsuspecting businessmen and wealthy individuals, using celebrities and politicians as pawns in their evil game – presumably to build legitimacy and gain investor trust.

The scam came to light after Bhatt, and another accomplice squared up on two Bitconnect representatives in Surat, demanding over 2,000 bitcoins as ransom.

However, the enterprising accomplice double-crossed Bhatt and contacted his uncle, none other than Kotadiya, to trap Bhatt and extort all of the illegally-gained hauls.

Source: https://www.ccn.com/elaborate-bitcoin-bitconnect-scam-nets-3-billion-in-india/

[YuTü.Co.in]

Bitconnect Scam Nets $3 Billion in India !


The Shailesh Bhatt saga from India’s merchant-dominant state of Gujarat hit new highs last week after the elaborate network of politicians, kidnappers, law enforcement officers, and local authorities unraveled loan sharks.  In all, Bhatt’s bitcoin scam is estimated at a mammoth $3 billion, all in BTC.

Ruling Party Connections
Months before the Indian ruling party elections go into full swing, Prime Minister Narendra Modi faces an embarrassing situation of sorts after prominent politicians and high-ranking police officers from Modi’s home state were found facilitating the cryptocurrency scam.

CCN has been closely following developments since Bhatt was first reprimanded in February 2018, which saw the prime accused confess to local police about kidnapping investors in connection with a Bitconnect investment scheme.

At the time, Bhatt alleged continual harassment from police authorities who kidnapper the builder and demanded 200 BTC, or $1.8 million, for his safe release. The builder duly paid this amount.

However, Bhatt found himself on the other side of the law after authorities discovered several inconsistencies in his incident account, leading officers to believe they had stumbled upon a scam spanning over continents and involving a few hundred million.

Subsequently, arrests were made after Bhatt helped police identify the guilty and unfortunately, they even included Nalin Kotadiya, a member of Modi’s lawmaking department, in the list of accused.

Networks all Around the World
Bhatt and Kotadiya remain absconding; it is believed that the two parties are at fierce loggerheads with each other, as evidenced by their continual blame game at each other.

While Bhatt made appearances at local police stations to provide his account, Kotadiya posted a video on YouTube in April 2018, naming Bhatt as the prime purveyor of the scam while maintaining his innocence.

In the video, Kotadiya threatens to release damning evidence against Bhatt and several others, including politicians.

While centered in Surat, Gujarat’s diamond-centric industrial city, the scam extends as far as Texas, U.S., and reportedly even involves local celebrities.

Bitconnect Used to Scam Investors
For the uninitiated, Bhatt’s scam saw Bitconnect, a much-tainted “dead coin,” being offered to investors as a promising cryptocurrency investment for those who missed the Bitcoin brigade. Investors were asked to invest BTC in turn of Bitconnect pay-outs every month, with return figures quoted at 40 percent of total investment.

Using the framework as mentioned earlier, Bhatt and his accomplices were able to trap unsuspecting businessmen and wealthy individuals, using celebrities and politicians as pawns in their evil game – presumably to build legitimacy and gain investor trust.

The scam came to light after Bhatt, and another accomplice squared up on two Bitconnect representatives in Surat, demanding over 2,000 bitcoins as ransom.

However, the enterprising accomplice double-crossed Bhatt and contacted his uncle, none other than Kotadiya, to trap Bhatt and extort all of the illegally-gained hauls.

Source: https://www.ccn.com/elaborate-bitcoin-bitconnect-scam-nets-3-billion-in-india/

Well, that fully explains the recent further tanking of BCC ...

Wait, WTF !!!

[TechnoComanche]

GimMe Sum AddNodes PLS 

[rembit77]

the growth that you see is just overclocking by trading bots on a small exchange. with the token everything is clear for a long time even as a speculation it is not worth it to buy.

[estenity]

history to follow....

[Botnake]

the growth that you see is just overclocking by trading bots on a small exchange. with the token everything is clear for a long time even as a speculation it is not worth it to buy.

This coin should be declared dead already, I don't understand why it's still searchable in https://coinmarketcap.com/ when Centra which
was declared scam were already taken down a long time ago. Actually, Centra is better because they have new program now that holders will receive fork
of what they called the Phantom, I did not read the whole info but investors were given a hope.

[alexberezov]

it looks so bad that it is unlikely to be invested. Its name is like bitcoin I really don't like it. Idea of this project is very banal.

[BitPotus]

it looks so bad that it is unlikely to be invested. Its name is like bitcoin I really don't like it. Idea of this project is very banal.

a lot of muppets "invested"

they got rekt.

all those who said it was a scam straight away got accused of being fudders.

I really hope that these accounts that were heavily promoting this scam on here get traced at some point but that's just wishful thinking on my part.

[Botnake]

it looks so bad that it is unlikely to be invested. Its name is like bitcoin I really don't like it. Idea of this project is very banal.

a lot of muppets "invested"

they got rekt.

all those who said it was a scam straight away got accused of being fudders.

I really hope that these accounts that were heavily promoting this scam on here get traced at some point but that's just wishful thinking on my part.

The OP is still active, I hope this thread will be close so people will be more aware of the situation.
Only the moron would fall victim again on buying this coin, I see the volume is now zero, I hope it will remain the same, we should help each other to protect the community.

[AlloM]

It's amazing. What Bitconnect still alive?

Yeah greed and crime and lies sure are cool!

Fucking moron.

Agreed with you that is our greed who keeping us engage with scan coin like this. Only big whales are playing the market and loading off their bags on out of mind of people.

[JohnDoe3490]

It's amazing. What Bitconnect still alive?

Yeah greed and crime and lies sure are cool!

Fucking moron.

Agreed with you that is our greed who keeping us engage with scan coin like this. Only big whales are playing the market and loading off their bags on out of mind of people.

Whoa, this coin is still going? That's crazy.

[BitPotus]

https://www.ccn.com/dead-coin-walking-bitconnect-set-to-be-delisted-from-last-crypto-exchange/

ded finally....

[nutildah]

Do you guys have any bounty program?

Yes. Just send 1 BTC to this address to join:

1Y0uRa5p3c1aLK1Nd0fSTup1d

[caulfield]

https://www.ccn.com/dead-coin-walking-bitconnect-set-to-be-delisted-from-last-crypto-exchange/

ded finally....

actually https://palitanx.com/ -bcc 

[FalconCrypto]

https://www.ccn.com/dead-coin-walking-bitconnect-set-to-be-delisted-from-last-crypto-exchange/

ded finally....

actually https://palitanx.com/ -bcc 

Not to mention, the internal exchange at bitconnect.co still functions