Bitconnect is scam?

[Davis-William]

Dear all,
My girl friend investment 2000$. But i'm research internet some result.
https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed

So, this news is exactly.

Please advise me.

Thank you.

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[Hazir]

Dear all,
My girl friend investment 2000$. But i'm research internet some result.
https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed

So, this news is exactly.

Please advise me.

Thank you.

Your girlfriend invested $2000 just like that?

Op, so you read this article yourself. What more proof do you need to believe that if something is too good to be true it is a scam?
You should be alarmed by one fact: if someone is offering you ridiculous and guaranteed profit of up to 91.25% a year
How do you think it will be sustainable? After all the company needs money to earn too!

[schubz66]

I think Bitconnect will atleast last for 2 years. The model is very self sustainable for atleast that period of time.

Just a $100 investment can become $2000 in 1 year and $80000 in 2 years. I you go out with you family to 6 flags you will probably spend more than that. My suggestion is just put $100 in bitconnect and see where it goes. You honestly have nothing to loose. I had put all my life savings in cryptocurrency 6 months ago which was worth 30k and i have multiplied it to approx $200k. Unless you take a risk in life you will never gain. Put whatever you feel comfortable with. Whether that is $100, $1000 or $10000. I personally have around $20k invested in Bitconnect and i see my money multiply everyday. So friends just $100 may make a difference in your life. You get paid interest every day which you can remove out if you dont feel as comfortable. But dont miss the boat. Bitconnect is awesome.

They say no risk no gain. And I am sure you guys can risk $100. You can use my link below to sign up with Bitconnect.

https://bitconnect.co/?ref=schubertz66

[pawanjain]

Anything that claims to give out huge returns in a short period of time turns out to be a ponzi scheme. Bitconnect might be a ponzi scheme too but the thing is it has been designed in such a way that everybody in that platform makes a profit. I don't say Bitconnect will last forever but it is a good opportunity now to invest in it since the platform will run atleast for more than 1-2 years which is more than sufficient to get the investment back with profits. Just 4 months are enough to get the capital amount back through daily interests and then after that just wait and watch your money grow.

[Potato Chips]

Anything that claims to give out huge returns in a short period of time turns out to be a ponzi scheme. Bitconnect might be a ponzi scheme too but the thing is it has been designed in such a way that everybody in that platform makes a profit. I don't say Bitconnect will last forever but it is a good opportunity now to invest in it since the platform will run atleast for more than 1-2 years which is more than sufficient to get the investment back with profits. Just 4 months are enough to get the capital amount back through daily interests and then after that just wait and watch your money grow.

No matter which side you look at from, There's no denying that bitconnect definitely reeks of ponzi scheme so I don't get why its still a good opportunity to invest with  . Actually, Everything seems very suspicious like the unknown owner, pyramid schemes, unsustainable rates etc. Its a big red flag in short.

There's no assurance that it'll run for more than a year or two furthermore without any problems? Really??. These ponzi's promises a bunch of craps to lure users so I don't think you should believe exactly what they say.

[P2Pfinder]

I think Bitconnect will atleast last for 2 years. The model is very self sustainable for atleast that period of time.

Just a $100 investment can become $2000 in 1 year and $80000 in 2 years. I you go out with you family to 6 flags you will probably spend more than that. My suggestion is just put $100 in bitconnect and see where it goes. You honestly have nothing to loose. I had put all my life savings in cryptocurrency 6 months ago which was worth 30k and i have multiplied it to approx $200k. Unless you take a risk in life you will never gain. Put whatever you feel comfortable with. Whether that is $100, $1000 or $10000. I personally have around $20k invested in Bitconnect and i see my money multiply everyday. So friends just $100 may make a difference in your life. You get paid interest every day which you can remove out if you dont feel as comfortable. But dont miss the boat. Bitconnect is awesome.

They say no risk no gain. And I am sure you guys can risk $100. You can use my link below to sign up with Bitconnect.

https://bitconnect.co/?ref=schubertz66

SCAMMER, YOU AND THEM.

[Hamphser]

Anything that claims to give out huge returns in a short period of time turns out to be a ponzi scheme. Bitconnect might be a ponzi scheme too but the thing is it has been designed in such a way that everybody in that platform makes a profit. I don't say Bitconnect will last forever but it is a good opportunity now to invest in it since the platform will run atleast for more than 1-2 years which is more than sufficient to get the investment back with profits. Just 4 months are enough to get the capital amount back through daily interests and then after that just wait and watch your money grow.

Imagine reaching out ROI for a short span of time isnt an indication for a legit investment and the primary reason why her girlfriend did invest on bitconnect because he was blinded on those returns. The same story on all eho did invest on this coin.Imagine out continous interest for a short period of time. I can say that it wont really sustain for too long even in 2 years period. No one knows on when this thing to collapse as long we are making money and already gained roi then just go with the flow.

[solarion]

There was many complaints I noticed on bitconnect but the same time many people in social networks says that investing bitconnect trading is huge returns to us. I am also really confuse that whether I have to no invest on bitconnect or not.

In the time of dump last time also bitconnect does not falls anymore when all the crypto currencies dump down in the chart.

[eagleman]

I am also really confuse that whether I have to no invest on bitconnect or not.

Don't be confuse, do you think that UK Registrar of Companies will not try to shut them down if they are a legit one? For more info read the article https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/
It's too good to be true, it's a total scam and ponzi. I didn't invest on it when I found it out that they are like that. And I'm not just an hype investor, when something popular starts to make an hype I'm doing my own research before entrusting them my money.

[squatter]

There was many complaints I noticed on bitconnect but the same time many people in social networks says that investing bitconnect trading is huge returns to us. I am also really confuse that whether I have to no invest on bitconnect or not.

The people shilling it are either 1) paid to shill or 2) are holding BCC and want it to pump. The project is extremely shady. The loan program is a pyramid scheme on its face, and there is no reasonable explanation for the level of promised returns. This will definitely end in tears.

The UK government has already threatened to revoke Bitconnect's corporate registration within 2 months, so I expect the whole scheme to unravel by then. There are much better projects in this space. The future is decentralization, not centralized Ponzi/pyramid schemes. Invest accordingly.

[Beerwizzard]

The article looks suspicious. Bitconnect shouldn't offer any stable annual income, especially that high. Anyway it looks like a pure ponzi cheme: most of the 24h volume comes from their own exchange (I'm realy curious to see any technical review of the exchange, maybe they just put a high volume by themselves), new buyers are bringing profits to the current holders and devs (I highly doubt that their exchange is legit) so it is possible to get some easy money at the beginning but such scheme will be 100% exposed sooner or later. And looking on the amount of scam allerts I'm sinking it will happen pretty soon.

[KufuT]

i am 99.999 sure   bitconnect.co   is scam websiite,   i have invested  50000$   but no return yet,   the i tried  to contact support team,
but not response  ,  they are ignoring my massage i have all the proov  you can contact me i will send you all prove,  please avoid the invest on bitconnect.co
bitcoinnect is ponzi website,    but  if you need to invest your money so you can invest any amount on   bitcoinsolve.com

the site is paying very good profit,  and also we can withdraw our deposit amount any time form the website, 

Thats weird. How did you do investment? By lending it? Or did you just deposited BTC?

Care to share some screenshots?

[richardsNY]

The people shilling it are either 1) paid to shill or 2) are holding BCC and want it to pump. The project is extremely shady. The loan program is a pyramid scheme on its face, and there is no reasonable explanation for the level of promised returns. This will definitely end in tears.

Correct. What bothers me even more is how certain well known individuals are acting like it's a great investment opportunity as well, and that while a well thinking human being can directly see red flags pop up. It's mind boggling how people are willing to have BitConnect abuse their public image for just some money. Once BitConnect goes down, and this will surely happen, these people have tainted themselves so badly, that it can affect their own professional career. I can already see people complain about how they lost money due to this, but they can only blame themselves for that. If you take so much risk, you have to accept the consequences, otherwise you are mentally challenged....