P4ndoraBox (OP)
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April 09, 2017, 04:29:55 AM |
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Hi everyone. I recently noticed that BitConnect Coin is raising among the top cryptocurrencies : http://coinmarketcap.com/currencies/bitconnect/There was 20 sellbook page vs 40 buybook pages. At the moment of the post there is 7-8 sellbook pages, and 51 buybook pages. Just before I invest, I would like to know the thoughs of Sr.Member and above before I do so. Could it be a good moment to invest, if yes, why, if not, why? I made a bit of research...Some people were saying they were doing ponzi stuff when the coin went below the ico price ( 0.001 btc ) and since the price is raising massively and it is now at 0.005 btc, the same people who where claiming it was a scam, didnt said anything back. So I would like to open a conversation that is not in their main threads to get a better neutral opinion about it. All opinions are permitted, in a respectful way, thank you very much.
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fortunecrypto
Legendary
Offline
Activity: 2562
Merit: 1048
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April 09, 2017, 06:52:14 AM |
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They have a lending platform because of this people thought they are running a ponzi scheme I have been in this project since they one when they offer it at $1 after 5 months look at what they achieve,they have their own exchanges,own mining pools android application .. and they are setting up community to every country check this videos https://youtu.be/JUOUg52Zscchttps://youtu.be/TW4Y4DAsRVgBut of course it's your money invest at your own risk
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d.kevin29
Member
Offline
Activity: 112
Merit: 72
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April 09, 2017, 06:57:12 AM |
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They have a lending platform because of this people thought they are running a ponzi scheme I have been in this project since they one when they offer it at $1 after 5 months look at what they achieve,they have their own exchanges,own mining pools android application .. and they are setting up community to every country check this videos https://youtu.be/JUOUg52Zscchttps://youtu.be/TW4Y4DAsRVgBut of course it's your money invest at your own risk People talking about this coin being a Ponzi scheme scared me away and made me sell my coins before the price falls. I bought coins at $1.7, sold at $3 and bought again at $3.5. I'm so annoyed everytime I look at my wallet by the fact that I could've had way more money in there at the moment, and a profit of +5x.. BitConnect is slowly growing up as a coin, and the price is slowly growing with it too.. I love these kinds of coins: slow but nice growth. As a speculation, my bet is that the price will go up to over $30 in a few months.
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republicrypto
Sr. Member
Offline
Activity: 1414
Merit: 252
Keep it Simple guys :)
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April 09, 2017, 01:18:54 PM |
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They have a lending platform because of this people thought they are running a ponzi scheme I have been in this project since they one when they offer it at $1 after 5 months look at what they achieve,they have their own exchanges,own mining pools android application .. and they are setting up community to every country check this videos https://youtu.be/JUOUg52Zscchttps://youtu.be/TW4Y4DAsRVgBut of course it's your money invest at your own risk great research my friend,, i just want to watch this coin,, they promote this coin to every country with huge refferral program in their lending platform, and for me this is very bad idea,, because there is a lot of HYPE and FUD in this cryptocurrency but good luck for holders,
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P4ndoraBox (OP)
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April 09, 2017, 02:17:30 PM |
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They have a lending platform because of this people thought they are running a ponzi scheme I have been in this project since they one when they offer it at $1 after 5 months look at what they achieve,they have their own exchanges,own mining pools android application .. and they are setting up community to every country check this videos https://youtu.be/JUOUg52Zscchttps://youtu.be/TW4Y4DAsRVgBut of course it's your money invest at your own risk great research my friend,, i just want to watch this coin,, they promote this coin to every country with huge refferral program in their lending platform, and for me this is very bad idea,, because there is a lot of HYPE and FUD in this cryptocurrency but good luck for holders, Yep you are right. I invested a small 0.15 btc at 0.0049 BTC I'll let it sleep and who knows what will happen.
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asriloni
Legendary
Offline
Activity: 3192
Merit: 1033
Leading Crypto Sports Betting & Casino Platform
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April 09, 2017, 02:46:28 PM |
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They have a lending platform because of this people thought they are running a ponzi scheme I have been in this project since they one when they offer it at $1 after 5 months look at what they achieve,they have their own exchanges,own mining pools android application .. and they are setting up community to every country check this videos https://youtu.be/JUOUg52Zscchttps://youtu.be/TW4Y4DAsRVgBut of course it's your money invest at your own risk great research my friend,, i just want to watch this coin,, they promote this coin to every country with huge refferral program in their lending platform, and for me this is very bad idea,, because there is a lot of HYPE and FUD in this cryptocurrency but good luck for holders, Can you confirm if this project gets a bad reputation? Is this just another Ponzi or scam investment? There is no a future for this project in my mind if this is a Ponzi.
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P4ndoraBox (OP)
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April 09, 2017, 03:50:50 PM |
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I've made a bit of analyses tonight, I've watch the Bitconnect Coin markets, mostly the bitconnect.co one, for around 10 hours. From my point of view, as most of the ''new'' coins that promise a steady rise in value on the long term to raise , are in facts, using some bots. Back on topic, I noticed some strange stuff, a lot of ''buy'' or ''sell'' that werent in the buy/sell book but appeared in the market history.( See picture below ) There is definitely some market manipulation, going upward...But there is something that make me uncomfortable, but I didnt find out what is it yet. So for now I can say that my prediction is that the price will continue to rise, but I think that the switch can goes off when the main whales will decide there is enough BTC into the Buybook. ( Look at the biggets wallets of https://chainz.cryptoid.info/bcc/#!rich , top 10 = 87.68% ) ------------ Picture Showing a massive 27 btc buy, and you may noticed in the market history that a lot of buy is happening, consistently, but what I noticed is that some of the buy that has happened, werent in the sellbook at all. So, a bit strange, well a lot, for me. --------------- Throwing the ball
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coinzvm
Newbie
Offline
Activity: 6
Merit: 0
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April 10, 2017, 01:40:00 PM |
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I've made a bit of analyses tonight, I've watch the Bitconnect Coin markets, mostly the bitconnect.co one, for around 10 hours. From my point of view, as most of the ''new'' coins that promise a steady rise in value on the long term to raise , are in facts, using some bots. Back on topic, I noticed some strange stuff, a lot of ''buy'' or ''sell'' that werent in the buy/sell book but appeared in the market history.( See picture below ) There is definitely some market manipulation, going upward...But there is something that make me uncomfortable, but I didnt find out what is it yet. So for now I can say that my prediction is that the price will continue to rise, but I think that the switch can goes off when the main whales will decide there is enough BTC into the Buybook. ( Look at the biggets wallets of https://chainz.cryptoid.info/bcc/#!rich , top 10 = 87.68% ) ------------ Picture Showing a massive 27 btc buy, and you may noticed in the market history that a lot of buy is happening, consistently, but what I noticed is that some of the buy that has happened, werent in the sellbook at all. So, a bit strange, well a lot, for me. http://i68.tinypic.com/bjbv40.png--------------- Throwing the ball Don't throw your fake knowledge to others. i already made my money twice in bcc.
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P4ndoraBox (OP)
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April 10, 2017, 05:56:42 PM |
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I'm not throwing my knowledge, I said throwing the ball as a way to say, your turn to speculate.
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thebatletbet
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April 10, 2017, 10:56:38 PM |
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bitconnect investment coin, you can get return if have balance in youre account same with e-dinar coin, if new member always growth bitconnect coin can always incraese but if someday without new member again join, bitconnect coin can down price maybe can die, same with e-dinar or the billion coin
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wavespump
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April 11, 2017, 02:55:43 AM |
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Obvious a ponzi/hyip program, keep away from this project, you will lose money, never trade this coin, they may shut down the site in one day.
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connexus
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April 11, 2017, 05:56:26 AM |
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Obvious a ponzi/hyip program, keep away from this project, you will lose money, never trade this coin, they may shut down the site in one day.
Ponzi or not anyone can lose money trading altcoins, we should be very careful in choosing a coin to trade and generate good returns from our investment.
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