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Author Topic: Bitconnect likely to be a ponzi  (Read 13950 times)
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April 14, 2017, 07:51:08 AM
 #21

I had this doubt since they began, and time after time i think i'm right.
If that what keeps you from investing then you have something to cry now if you bought it in their ico you would have a huge profit but now you have yourself to blame nobody can argue with success,they will soon enter the top ten in the coinmarketcap .

I never invest is them and i will never advice to buy this kind of products. Bitconnect work as a ponzi (they ask loan and promise interest): wich are their business? Where they invest money from deposit? I feel confident that part of deposit are used for pump their coin, and when this happens all of us know how will be the end  Roll Eyes Roll Eyes Roll Eyes...
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April 14, 2017, 09:14:19 AM
 #22

I think this thread my have help Bitconnectcoin reach new heights,they are now in the 12th spot in the coinmarketcap and currently traded at $10 up so we have to thank OP for creating this thread it's additional marketing for Bitconnectcoin.
whatever the result is you must always thank malcovixeffect for his efforts to publicize BCC with his childish efforts. Now i am cashing out my BCC and whatever results come after it i am always in profit  Wink.  Thanks OP without you this had not been possible.

I bought 1500 BCC for 1.5BTC, and today they are valued 15 BTC  Cheesy
feeling to start some donation..

Do you think, i even care. I am not that greedy to profit from obvious scams.

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April 14, 2017, 10:05:02 AM
 #23

I had this doubt since they began, and time after time i think i'm right.
If that what keeps you from investing then you have something to cry now if you bought it in their ico you would have a huge profit but now you have yourself to blame nobody can argue with success,they will soon enter the top ten in the coinmarketcap .

I never invest is them and i will never advice to buy this kind of products. Bitconnect work as a ponzi (they ask loan and promise interest): wich are their business? Where they invest money from deposit? I feel confident that part of deposit are used for pump their coin, and when this happens all of us know how will be the end  Roll Eyes Roll Eyes Roll Eyes...
You can't argue with success they are on top of their games you are like those people who was offer free bitcoin in the beginning but refuse it because they thought it's a fake money,they could have made a fortune from those free bitcoins


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April 14, 2017, 11:09:34 PM
 #24

I think this thread my have help Bitconnectcoin reach new heights,they are now in the 12th spot in the coinmarketcap and currently traded at $10 up so we have to thank OP for creating this thread it's additional marketing for Bitconnectcoin.
whatever the result is you must always thank malcovixeffect for his efforts to publicize BCC with his childish efforts. Now i am cashing out my BCC and whatever results come after it i am always in profit  Wink.  Thanks OP without you this had not been possible.

I bought 1500 BCC for 1.5BTC, and today they are valued 15 BTC  Cheesy
feeling to start some donation..

Donation ,, uh,, what a nice idea,, and you should do that if you want,,
but not just wrote in this thread ,, make it real,,

find some people who need money, then give them,,






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April 18, 2017, 05:17:10 PM
 #25

walks like a SCAM
talks like a SCAM
smells like a SCAM
looks like a SCAM

but it ain't kids

send your BTC now ... to Pirate@40.lets-do-it-again.ventures.rrrrR

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GTTIGER
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April 22, 2017, 11:18:47 PM
 #26

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

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April 23, 2017, 08:22:47 AM
 #27

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

You cannot sustain your observation because so far none of ico participants or early investors lost their money in fact some of them now richer thanks for Bitconnectcoin 1000% growth

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April 23, 2017, 05:22:19 PM
 #28

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

You cannot sustain your observation because so far none of ico participants or early investors lost their money in fact some of them now richer thanks for Bitconnectcoin 1000% growth
We will know in 100 something days. I mean seriously, bitcoin volatility software.. what? There is no free lunch.

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April 24, 2017, 02:38:52 AM
 #29

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

You cannot sustain your observation because so far none of ico participants or early investors lost their money in fact some of them now richer thanks for Bitconnectcoin 1000% growth
We will know in 100 something days. I mean seriously, bitcoin volatility software.. what? There is no free lunch.

You are not doing a good research in the history of Bitconnectcoin https://coinmarketcap.com/currencies/bitconnect/
the ico price was $1 and check out their price now,Bitconnectcoin is now in the top 15 spot and I can give you 500 more days to prove Bitconnectcoin.


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April 24, 2017, 03:11:43 AM
 #30

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

You cannot sustain your observation because so far none of ico participants or early investors lost their money in fact some of them now richer thanks for Bitconnectcoin 1000% growth
We will know in 100 something days. I mean seriously, bitcoin volatility software.. what? There is no free lunch.

You are not doing a good research in the history of Bitconnectcoin https://coinmarketcap.com/currencies/bitconnect/
the ico price was $1 and check out their price now,Bitconnectcoin is now in the top 15 spot and I can give you 500 more days to prove Bitconnectcoin.
Now is the inflection point. It lasted this long because most of the Ico participants were the scammers.

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April 24, 2017, 03:17:37 AM
 #31

Anyone watch that craig grant guy on youtube sending all those sheeps to the slaughter. It's ridiculous. I guess money does leave fools.

You cannot sustain your observation because so far none of ico participants or early investors lost their money in fact some of them now richer thanks for Bitconnectcoin 1000% growth
We will know in 100 something days. I mean seriously, bitcoin volatility software.. what? There is no free lunch.

You are not doing a good research in the history of Bitconnectcoin https://coinmarketcap.com/currencies/bitconnect/
the ico price was $1 and check out their price now,Bitconnectcoin is now in the top 15 spot and I can give you 500 more days to prove Bitconnectcoin.
Now is the inflection point. It lasted this long because most of the Ico participants were the scammers.

They are part of the scam check out on how they promote it without even providing legitimacy to this scam. They cant even provide info about the volatility software lmao besides didi you even check the new coins being generated miners only gets 15 while there is a new block generates 100BCC hahaha this shills are very stupid.
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August 13, 2017, 02:55:07 AM
 #32

Let's focus now on facts

This is what Bitconnectcoin has accomplished so far 5 months after their ico

They are now in the 26th spot in coinmarketcap one of the fast rising coin who gets in the top 30

https://coinmarketcap.com/currencies/bitconnect/

They have triple their ico price...


ponzi scam always go up at beginning. it only go down big one time. when you lose everything. remember it

if bitconnect get too big and then it go under, all crypto even bitcoin will crash a lot
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August 13, 2017, 04:42:51 AM
 #33

bitconnect is a clear ponzi , it doesn't need a genius to figure out
still you will be able to break even fast if you promote it and got tons of referrals , but it's not a good thing to do
you can see some youtube scammers like Trevon James and Craig Grant , they are making tons of money daily by fooling their referrals
they haven't invested more than 1K but the commissions are high since some newbies are being fooled by the numbers they are making daily
here is a youtube video discussing this ponzi and the acts of these two guys
https://www.youtube.com/watch?v=rzkuJi4FNJs

even trevon disabled comments in his channel also he is hiding the like/dislike so newbies can't read the negative comments on his videos

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August 13, 2017, 04:57:53 AM
 #34

bitconnect is a clear ponzi , it doesn't need a genius to figure out
still you will be able to break even fast if you promote it and got tons of referrals , but it's not a good thing to do
you can see some youtube scammers like Trevon James and Craig Grant , they are making tons of money daily by fooling their referrals
they haven't invested more than 1K but the commissions are high since some newbies are being fooled by the numbers they are making daily
here is a youtube video discussing this ponzi and the acts of these two guys
https://www.youtube.com/watch?v=rzkuJi4FNJs

even trevon disabled comments in his channel also he is hiding the like/dislike so newbies can't read the negative comments on his videos

Exactly. I think a big part of this ponzi scam is the fact that prominent bitcoin youtubers are heavily promoting it, and saying that it's not a ponzi scheme etc. Also, the fact that it is marketed as a cryptocurrency just makes things worse.

This is NOT a decentralized cryptocurrency. The value of the whole thing depends on the interest being credited and the bitcoin volatility bot which is most likely imaginary to work. This has nothing to do with connecting people whatsoever.

This is an issue that needs to be looked at, i'm actually surprised at the fact hat nobody talked about this for 3 months now.

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August 14, 2017, 08:59:45 AM
 #35

Exactly. I think a big part of this ponzi scam is the fact that prominent bitcoin youtubers are heavily promoting it, and saying that it's not a ponzi scheme etc. Also, the fact that it is marketed as a cryptocurrency just makes things worse.

This is NOT a decentralized cryptocurrency. The value of the whole thing depends on the interest being credited and the bitcoin volatility bot which is most likely imaginary to work. This has nothing to do with connecting people whatsoever.

This is an issue that needs to be looked at, i'm actually surprised at the fact hat nobody talked about this for 3 months now.

yeah man exactly , but newbies in general mostly don't know about the forums here me myself I was introduced to bitcoin way before I was introduced to bitcointalk
I would say over 80% of members here know already that this site is scam , but newbies who only bought bitcoin and just watch random youtube videos wont figure this our
I would say the best part is to create threads here about shady youtubers who promote these sites also people who fake others with gambling methods saying that it work and makes money and then report all the channels and rain them with negative comments

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August 17, 2017, 10:38:22 AM
 #36

I'm in the process of putting my money into this, I'm not putting more than Im willing to lose if it turns out to be a sham. I personally cant make sense of it, It seems like a complete pyramid scheme and will eventually implode. Lets see what you guys have to say about it?

Thank YOU! Huh Huh Huh Huh Huh Huh Huh Huh

To my understanding Bitconnect isn't an altcoin, but rather an investment platform. I'm not sure why people are still constantly buying into this and pumping this up.

Whether or not bitconnect has any sort of value solely depends on their "bitcoin volatility software" being able to work as kyraishi pointed out. There are admins working behind it, meaning that it is a centralized ponzi instead of any sort of legit crypto. Bitconnect itself is nothing special at all.

Plus, how are they able to provide consistent interest of over 0.1% per day guaranteed on top of bitcoin volatility software interest?

Even risky investments irl can't achieve these sort of returns. Don't invest, if you do not want to get scammed.

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August 17, 2017, 02:37:31 PM
 #37

I just found out about it and I'm a bit shocked that noone in my social bubble talked about this scam. But I think they don't know anything about it and a lot of people only stumbled upon it after the Bcash fork. I now believe we should use BCC ticker for bcash and oust this scam wherever possible. I thought about asking prominent btc people with a lot of followers to investigate bitconnect and publicly denounce it as a scam. The more people are warned, the better, right?
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September 11, 2017, 12:33:29 PM
 #38

Buyer A uses BTC to buy Bitconnect Coin (BCC), which is traded almost exclusively on BCC's own exchange. Buyer B buys BCC and his money is used to pay Buyer A. Buyer C buys BCC and his money is used to pay Buyer B. When the supply of new investors eventually dries up, the whole thing will collapse and those at the end of the chain will be left with a worthless token. This is the very definition of a Ponzi/MLM scheme.
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September 11, 2017, 08:31:09 PM
 #39

Hello Smiley

I am new to the Crypto-scene which attracts me for both the technical aspect and the earnings opportunities.

This bitconnect is being promoted everywhere and for a moment I got excited about it (I thought it was some kind of implementation of smart contracts) but I got a feeling that this is too good to be true and this thread fuels my suspicions.

If cryptos get associated with ponzis, all cryptos will get a bad name which would be a pity. Right now states like Estonia and Malta are getting interested in the blockchain technology which is really promising and could boost the value and stability of the cryptos.

As regards to bitconnect, if the lending is legit and that profitable, there is no need to have Bitconnect Tokens, the system could work with Bitcoins or Ethers.

Cris



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September 22, 2017, 05:28:43 AM
 #40

Please join me in reporting the Youtube videos of scammers that are promoting this ponzi.  I bet if several people do it we could bring down the Youtube videos and cause the ponzi to collapse, saving would-be victims millions of dollars.

Don't day trade.
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