Rick Nolan (OP)
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January 11, 2018, 11:31:51 AM |
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The Securities Division of the North Carolina Department of Secretary of State issued on January 9 a temporary order to cease and desist to Bitconnect. Source: https://hype.codes/north-carolina-bans-bitconnectEarlier in January, the Texas Securities Board handed the investment platform a similar cease and desist order, barring the company from operating within the state. The British Registrar of Companies has also sent an official legal notice to BitConnect, warning to shut down the company and dissolve its operation.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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IlfarIldarovich
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January 11, 2018, 11:33:34 AM |
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Covered pyramid ? Heard about this coin not very good reviews . I think it is good that it is closed ,there is no need to fool the people
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Rick Nolan (OP)
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January 11, 2018, 11:35:52 AM |
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Covered pyramid ? Heard about this coin not very good reviews . I think it is good that it is closed ,there is no need to fool the people
Unfortunately, it hasn't been closed yet
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Shishir99
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January 11, 2018, 11:37:33 AM |
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I think it should be banned all over the world. It is a proved ponzi scheme. Everyone should keep away themselves from Bitconnect. It can exit anytime with people investment.
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SrEasts
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Aida Service
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January 11, 2018, 11:48:39 AM |
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I'm paying close attention to what's happening with bitconnect right now, i strongly believe that they are getting ready to run away, specially after this new thing of BitConnectX ICO (starting at 50$ per token!!) ... seems like this is their last effort to gather more money before dissapearing
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bitcoinvestor
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January 11, 2018, 11:57:21 AM |
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Covered pyramid ? Heard about this coin not very good reviews . I think it is good that it is closed ,there is no need to fool the people
yes, the coin has no value it is pyramid system. Members pay members. It is money game. You'd better stay away from it. I think there are more ICOs or altcoins you can invest and make profit because the price will increase soon. 2018 will be the year of cryptos. It can be sweet or sour.
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BeCryptonom1
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January 11, 2018, 11:58:31 AM |
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Why some said that bitconnect is scam?
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poodle63
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January 11, 2018, 12:14:24 PM |
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The Securities Division of the North Carolina Department of Secretary of State issued on January 9 a temporary order to cease and desist to Bitconnect. Source: https://hype.codes/north-carolina-bans-bitconnectEarlier in January, the Texas Securities Board handed the investment platform a similar cease and desist order, barring the company from operating within the state. The British Registrar of Companies has also sent an official legal notice to BitConnect, warning to shut down the company and dissolve its operation. I hope the more countries will consider banning bitconnect as shit ponzi scheme ever. How that was actually disturbing the crypto community. But this is very good news. But there is a lot of problems because a lot of similar ponzi scheme just like bitconnect were appearing just like hextra or regal. All of them scam pnzi projects.
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Rick Nolan (OP)
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January 11, 2018, 12:15:23 PM |
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Michael Novogratz, Vitalik Buterin, Charlie Lee called it a ponzi scheme. Buterin explained:
"Their official videos are effectively promising 1% daily returns and touting this as the primary benefit of the project. Ethereum and bitcoin, on the other hand, are backed by a proven and consistent record of 200-700k daily txs and $100k-4m daily txfees."
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Rick Nolan (OP)
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January 11, 2018, 12:51:04 PM |
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upd
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