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Author Topic: Bitconnect Can Lasts For Years  (Read 163 times)
cosyike
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November 14, 2017, 08:07:25 PM
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Correct Explanation of Why Bitconnect Will Not Fail
 Let me take this opportunity to describe Why Bitconnect Will Not Fail. As we all know there have been a lot of speculations as to whether Bitconnect will be sustainable in the long run or not. Another speculation is whether the company could one day run away with the funds or not. Well, the issue of whether they can run away or not is left for us to guess and debate. And this can be done for years. No one can actually predict that with some degree of certainty.
However, as an investor and a financial analyst, the aspect I am most concerned is whether the 40% interest per month can be sustained for years.  In my opinion, it can be sustained and I will gladly show you how or why. First, the interest is BTC price determined, which means that as long as the price of BTC increases or changes, they will be able to pay. For example if the price yesterday rose by 5% and they paid 1%. They are still left with 4%. If the price falls by 2% they may decide to pay 0.5% and still be left with 3.5%.  If the price rose again to 5%, they can comfortably pay you 1.2% and on and on it goes.
Second, they do not pay you back your capital the exact BTC you lend to them but the exact USD you lend to them by buying BCC. For example, if you had lend them 10,000 USD when the price of BTC is 1000USD and BCC is 10 USD, it means they must have collected your 10 BTC for buying 1000 BCC. If the price rose to 7000USD per BTC, the price of BCC may as well rise to 70 USD as we have seen these days, at the time your capital would be repaid after 120 days, they would only give you or you would receive 1.428BTC (10000/7000). That means their gain on your lending would be about 8.5BTC (10BTC-(10000/7000) excluding the $16000 paid out. In actual sense, Bitconnect just managed the fund for you. If you had decided to buy 10BTC then and kept for the 120 days without lending it and decide to sell it, you would have received $70,000, which is a gain of $60,000. Now compare it to only $26000 (4000*4 +10000) you received from the Bitconnect at the completion of 120 days. Note; 4= 120days/30days; 4000= 40%*10000.
The only way Bitconnect will run into crisis if they do not actually do any trading is if 1. BCC price keeps falling while BTC price keep rising, 2. If both BCC and BTC prices keep a persistence falling. However, the former situation will never happen as long as they are willing to buy back the coin. Remain it is impossible to dump BCC as most BCC is locked. So the worst that can happen is to stop reinvesting which will not create any crises. If you watch out you would have observed that the price of BCC always varied directly proportional to BTC. So they have built the model around BTC price fluctuations. The latter case can only be overcome if they are actually trading with the coin. In this case, they would be able to focus on buying USD when the price is higher and selling for BTC when the price goes down. By focusing on selling or shorting, they would be able to meet huge BTC repayment demand. 
If you are investing in Bitconnect, invest. If the company does not decide to run away with the investors’ coin, or if government does not interfere with their business model, you will comfortably recoup your capital. But note that if you decide to buy BTC and keep, as the BTC price soars you will make a better profit than even putting it in Bitconnect lending. I have personally invested.
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ansi
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November 14, 2017, 08:15:20 PM
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If you're with them since the day one, you're good to go, you already made couple thousand of them.
BUT this project is the most scammy project out there in th crypto world.

Ponzy is a Ponzy no matter how many years will survive, simple as that.

They depend on BCT prices, BTC prices fall = Bitconnect to the grave Wink

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November 14, 2017, 09:12:17 PM
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No matter how convincing your arguments the bitconnect remains and will be a financial pyramid  Angry

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