Hi guys, to start off this is NOT A PROMOTING THREAD, I DO NOT RECOMMEND NOR DISAPPROVE OF THE USE OF BITCONNECT AND IT'S LENDING PROGRAM.
Some background about me:
Studies: B.ASc. Mechanical Engineering / B.Asc. Computer Engineering (I have two seperate bachelors)
Resident: Canada
Age: 26
Began into bitcoin in some way: 2011
What I specifically started my online ventures for : Trading Runescape gold in 2009
What I have done since: Traded crypto's, traded all sorts of multiplayer game golds, gambling in multiple different games
Off-topic note: Made $105,000 USD last 4 months of trading crpytos
So, yesterday (day 1) of my bitconnect experience;
Doing some research and came accross probably 90% of red flags and 10% of positive outcomes... what I noticed though not a SINGLE true scam has occurred on the website, it's operations and responses are almost instant and they're keeping a good management of funds and withdrawals. So of course, I was at first deterred as I myself thought it was a ponzi scheme as well, I mean come on... 1% (chanced) DAILY +0.25% (guaranteed daily)..
DEFINITELY SCREAMS PONZI SCHEME.
But aspects and numbers of this also make sense, cause if you put it into perspective bitconnect began starting this lending service in january of this year, if you check what the bitcoin price was at the time when a substantial amount of people invested even if they paid off the people who invested they're in HEAVY profits from the growth of bitcoins, probably enough to keep them paying all there extras for the next 2-3 months alone (I have numbers on the members registered and approximations of other things which I do not wish to publicly represent quite yet).
Being the person I am, and having made the profits I have lately I am deciding to give this a chance even though I know this is a long-term scam being plotted out... now the reason I was willing to give this a shot is because;
- I made a decent amount so far already off cryptos
- Bitconnect has been running flawlessly and hasn't had a single problem yet
- The numbers from the ICO are quite high therefore having a solid base of liquidity to keep it running for a few months after downfall too.
- Still in early stages of development
- THE NUMBERS MADE SENSE AS LONG AS YOU LOCK IN FOR 120 DAYS AND YOU DO IT BEFORE END OF 2017! I CAN EXPLAIN THE NUMBERS TO THOSE WHO ARE MOST DEFINITELY INTERESTED JUST PM ME. (KEEP IN MIND THO I DO NOT RECOMMEND INVESTING IF YOU'RE NOT WILLING TO HAVE 0 AT THE END OF THIS)Also, keeping all these things in mind I have a method of approximating when they will begin to start having lingering thoughts of the exit, and it will be no TIME this year.
Now for the moment you've all been waiting for :
I have invested $10010.00 into the program to recieve .25% Daily guranteed and up to 40% Extra a month, and the lock in period is 120 Days as you can see here:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimgur.com%2F14Omzmq&t=665&c=NhiqcAiQzxXq5Q)
So tonight in about 10 hours I will be recieving my first interest payment, and I will be posting my payments on a day to day basis and any other updates I notice about the website, this way we can see if I end up getting my money back at the end in 120 days, or what portion I recieve before this lending scheme ends (which it could possibly never end or it could end in couple of days or hours even no one knows).
If you're more interested in this of course like I said i'll explain my logic and numbers and thoughts to those who're truly interested in investing... it looks legit if you look at the term lengths, the numbers and the possibilities of what will occur in the next 4 months. In case you're interested (not promoting) and want to give it a shot feel free to join on my ref link of course
https://bitconnect.co/?ref=Karanmeister I CANNOT EMPHASIZE THIS ENOUGH DO NOT PUT ANY MONEY YOU ARE NOT WILLING TO GET BACK AS I DO NOT WANT TO TAKE ANY RESPONSIBILITY OR BE ASSOCIATED WITH YOUR DECISIONS, ALSO IF YOU'RE HERE TO BASH MY DECISION IT'S OKAY CAUSE $10010.00 TO ME IS NOT AS MUCH AS IT MAY BE TO OTHERS!