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Author Topic: How much of an effect will the inevitable demise of Bitconnect hurt BTC's image?  (Read 258 times)
ChiBitCTy (OP)
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September 23, 2017, 06:58:30 AM
 #1

This is not a post to start a debate !    If you're like me and understand why this is a scheme and are a supporter of Bitcoin and alt-coins.. than you're probably as upset as I that this coin is out there!  The clock is ticking until it blows up in the investors faces and gives a bad name to Bitcoin.  I have recently had friends approached about this, and even approached myself.  So I got to thinking.... Will this just be a tiny blip on BTC radar?  Will this have a large effect and scare thousands of would be crypto owners away for good?  Will it send Bitcoin's value straight down? 

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Herbert2020
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September 23, 2017, 07:14:42 AM
 #2

LOL. if any random altcoin out there which is getting pumped and inevitably dumped could have any effect on bitcoin, then bitcoin would have died a thousand times over by now.

this coin is not even big enough to be known among users. so who cares if it dies or not. it is like a grain of sand in a big desert.
or maybe you think this is the first scam among altcoins?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
ChiBitCTy (OP)
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September 23, 2017, 07:39:31 AM
 #3

LOL. if any random altcoin out there which is getting pumped and inevitably dumped could have any effect on bitcoin, then bitcoin would have died a thousand times over by now.

this coin is not even big enough to be known among users. so who cares if it dies or not. it is like a grain of sand in a big desert.
or maybe you think this is the first scam among altcoins?

You realize it's the number 13 coin on coinmarketcap.com ?   800 million USD's and growing really isn't that little of an amount. Most people had never heard of Bitcoin a year ago.  That's a fact.  So now that it's a topic on fire for the past year, more and more people want in and that's why this coins value is now so high.  It's going to make some noise when it falls.  I hope you're right, but I believe your underestimating it.

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noictib
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September 23, 2017, 07:43:09 AM
 #4

This is not a post to start a debate !    If you're like me and understand why this is a scheme and are a supporter of Bitcoin and alt-coins.. than you're probably as upset as I that this coin is out there!  The clock is ticking until it blows up in the investors faces and gives a bad name to Bitcoin.  I have recently had friends approached about this, and even approached myself.  So I got to thinking.... Will this just be a tiny blip on BTC radar?  Will this have a large effect and scare thousands of would be crypto owners away for good?  Will it send Bitcoin's value straight down? 
I think this is not a big thing  And it seems that you have not made research about it very well .
This is the truth that the name of bitcoin is exists innthe name of bitconnect , but can you see that there are lots of coins which have same name like bitcoin have ( like bitconnect ) .
So instead to think that is there any problem with such names , then forget it .
Here we should see at this thing positively that we have option like bitcoin where we can make profit .
And also we can see that there are many coins which have same name but noy Exactly same , for example you can see OMG coin at Bitrex whose value is much high but opposite of this OMG coin with same name is available at yobit whose value is very small .
So i don't think that names are big matter here to interfere the Market .
ChiBitCTy (OP)
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September 23, 2017, 07:44:09 AM
 #5

LOL. if any random altcoin out there which is getting pumped and inevitably dumped could have any effect on bitcoin, then bitcoin would have died a thousand times over by now.

this coin is not even big enough to be known among users. so who cares if it dies or not. it is like a grain of sand in a big desert.
or maybe you think this is the first scam among altcoins?

Also- does it make you feel cool to try and belittle people because you think you're the king of Bitcoin info and they surely don't know anything? 

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.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
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ChiBitCTy (OP)
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September 23, 2017, 07:52:16 AM
 #6

This is not a post to start a debate !    If you're like me and understand why this is a scheme and are a supporter of Bitcoin and alt-coins.. than you're probably as upset as I that this coin is out there!  The clock is ticking until it blows up in the investors faces and gives a bad name to Bitcoin.  I have recently had friends approached about this, and even approached myself.  So I got to thinking.... Will this just be a tiny blip on BTC radar?  Will this have a large effect and scare thousands of would be crypto owners away for good?  Will it send Bitcoin's value straight down?  
I think this is not a big thing  And it seems that you have not made research about it very well .
This is the truth that the name of bitcoin is exists innthe name of bitconnect , but can you see that there are lots of coins which have same name like bitcoin have ( like bitconnect ) .
So instead to think that is there any problem with such names , then forget it .
Here we should see at this thing positively that we have option like bitcoin where we can make profit .
And also we can see that there are many coins which have same name but noy Exactly same , for example you can see OMG coin at Bitrex whose value is much high but opposite of this OMG coin with same name is available at yobit whose value is very small .
So i don't think that names are big matter here to interfere the Market .

What on earth are you even talking about?  Clearly English is not your native language I get it, but you're making no sense.  I have researched the hell out of it. I said NOTHING about Bitcoin in the name.  That has nothing to do with why I posted this. It could be named Hamburger coin and I still would have posted this.  In order to receive their coin, then you must buy them with Bitcoin.  Bitcoin is involved in the entire process! Plus Bitcoin is the only crypto-coin that has a mainstream name...and that just happened recently!  So any negative news on anything crypto-coin related could easily have a negative effect on Bitcoin.  Related or  not.  Man I hope I get better replies than this crap.

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.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
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