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October 20, 2017, 06:43:37 PM |
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You get rewards for referring people, so if you refer people you get paid. It's a pretty big incentive for people to say it's not a scam.
I think it's a scam, but depending on how they manage it, it might have legs - so I'm in it a bit.
If they continually make big % gains, then it is quite easy to make those payoffs. It's not actually that hard, it started at 11 cents or so, and now it is 200 bucks - just by keeping your cash in bitconnect coins 100 bucks you would have made a fortune. This helps in people not actually using the lending platform as much as you might think, and they also have a staking system, too. I'd say that a really big slowdown over a matter of months will be needed to shut it down.
If you think about it, they aren't promising any bigger gains outside of referrals than something like Ethereum, or BTC would have given people over time - but obviously they have to end.
I have referral links that I have for regal coin, western going, goldreward, hextracoin so feel free to ask me for those. They are all the same, but they are very new, goldreward just completed the pre-sale, and looks the strongest now that regal posted 40x gains on the coins in 3 weeks.
I never posted any links or anything, but feel free to ask for my links and I'll tell you what you want to know (yes I think they are all basically lying and will collapse eventually)
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