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VitKoyn
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January 17, 2018, 03:57:12 PM |
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We all knew it from the start that Bitconnect lending and exchange platform will shutdown/disappear soon because it is a ponzi scheme with its referral system and unbelievably interest and daily bonus. It is just that there are still some people that believe that it is best time to buy Bitconnect while the price dropped 87%, believing that it will recover soon when the cryptocurrency market recovers. Now the developer of this project have this new ICO for their Bitconnectx trading platform that is really over priced, and people are still buying it.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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cl0ckw0rk
Newbie
 Offline
Activity: 70
Merit: 0
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January 17, 2018, 04:02:48 PM |
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It's shit like this that causes people to stereotype and put crypto in a negative light, saying they're all ponzi schemes
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maxxdxx
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January 18, 2018, 06:26:57 PM |
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There were lot of famous crypto youtubers pumped bitconnect. Companies like bitconnect cannot exist if crypto is going to thrive. Ponzi schemes always disappear after crash. Sympathy for people who lost money.
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harpazo777
Newbie
Offline
Activity: 13
Merit: 0
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January 18, 2018, 06:29:33 PM |
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There were lot of famous crypto youtubers pumped bitconnect. Companies like bitconnect cannot exist if crypto is going to thrive. Ponzi schemes always disappear after crash. Sympathy for people who lost money.
Hopefully the authorities go after all of those YouTubers who were promoting Bitconnect. |
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ThunderCatSteve
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January 18, 2018, 06:41:20 PM |
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We all knew it from the start that Bitconnect lending and exchange platform will shutdown/disappear soon because it is a ponzi scheme with its referral system and unbelievably interest and daily bonus. It is just that there are still some people that believe that it is best time to buy Bitconnect while the price dropped 87%, believing that it will recover soon when the cryptocurrency market recovers. Now the developer of this project have this new ICO for their Bitconnectx trading platform that is really over priced, and people are still buying it.
Bit(dis)connect is/was a pure ponzi scheme and dangerous for new investors into this coin, I saw in coinmarket cap that the price of bitconnect has changed and crashed dramatically which causes a huge panic into the whole crypto world by making all of the coins (except few) all red, and at this phase we should be very clever and not sell our coins because banks and rich people are buying and as we see today the price has been increased a bit and most of the coins in the page one in marketcap are green. |
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bitae
Member
Offline
Activity: 196
Merit: 15
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January 18, 2018, 06:44:31 PM |
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From 500 USD to 45 USD in less than a week.  |
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dangful
Full Member
Offline
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
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January 18, 2018, 06:45:25 PM |
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I don't think when BitConnect is shutting down their Lending role does mean it's coin value will become nothing.
I'm one of the luckiest guy who have a best chance that I bought 60 BitConnect coins while on its cheapest state a cheap as $7 last 24 hours and now it pumped back into $80 so what you guys think of my investment? Do I need to sell it off and wait for another dip?
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dangful
Full Member
Offline
Activity: 210
Merit: 100
Decentralized Jet-Stream Encrypted Multi-Media Dev
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January 18, 2018, 06:48:47 PM |
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From 500 USD to 45 USD in less than a week. I bought some of BitConnect coins a cheap as $7 and now I'm gonna decide whether sell them or hold little longer because I do have really good profit because I'm a very lucky investor yesterday due to the sudden drop from $400 down to $7 and after a day it gone up back to $80 as of this writing. |
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bononlines
Jr. Member
Offline
Activity: 75
Merit: 1
Keep going. This will happen again :)
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January 18, 2018, 06:50:20 PM |
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Instead of investing in lending companies, you can go and invest your money into some project for investment platforms. Take a look at Savior Investments (SAVI) and you will see you will earn a realistic profit with investing your money and not lending it in some Ponzi one.
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Hello world! Please join and help! (https://bitcointalk.org/index.php?topic=2861374)
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kram31
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January 18, 2018, 06:54:04 PM |
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Finally, we will see some Scam project go from top20 to ZERO in less them one week. This is great for the cryptocurrency and to anyone that believes in a new economic system. We need that more scam projects fail.
Feel so sad to those people who invested in this bitconnect lending, many of my friends join this lending system and i feel sorry for them for their loss! warned them before that once bitconnect get an issue and there's no investor to come this project will go down and run away, i hope bitconnectx or some sort of their company will still be on to solve the problem and at least give back the money to those people! |
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Stephen Gornick
Legendary
Offline
Activity: 2506
Merit: 1010
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January 18, 2018, 06:54:45 PM |
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It's sad how many projects are intentional scam and also how naive people can be. Often they are just after profit, greed gets over common sense and at the end they end up as scam victims.
Always do the due dilligence.
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rezurect
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January 18, 2018, 07:00:22 PM |
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It's sad how many projects are intentional scam and also how naive people can be. Often they are just after profit, greed gets over common sense and at the end they end up as scam victims.
Always do the due dilligence.
Where did those people think all that money was coming from, all it needed was a btc correction to stop the whole scam. |
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vlom
Legendary
Offline
Activity: 1498
Merit: 1113
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January 18, 2018, 07:01:46 PM |
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and the price of this coin is going up again. unbelievable!
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xarly1
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January 18, 2018, 07:04:13 PM |
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Yes, it seems that this is the end of the story . But for many an unhappy ending . Sorry for the people who invested their money in this project
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bononlines
Jr. Member
Offline
Activity: 75
Merit: 1
Keep going. This will happen again :)
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January 18, 2018, 07:05:52 PM |
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and the price of this coin is going up again. unbelievable!
It is all manipulation the market. You can put sell order with high rates in the market and then put the buy order with higher one, and then the token will go up in seconds |
Hello world! Please join and help! (https://bitcointalk.org/index.php?topic=2861374)
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StrikerEureka
Member
Offline
Activity: 68
Merit: 10
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January 18, 2018, 07:16:12 PM |
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Finally this has happened! It´s a shame that these kinds of platforms exists. They do big harm to the whole cryptocommunity and making those falses promises to the people are one of the main reasons we are in a bubble state. I don´t fear a bubble popping at all anymore, it will just wash away these scams and shitcoins and will make the market more serious and reliable. Sorry for those that invested because they trusted a relative or a friend though but really happy for those that knew what Bitconnect really is and still intentionally invested and hopefully got burned really hard.
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NewcryptoNew
Newbie
Offline
Activity: 19
Merit: 0
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January 18, 2018, 07:27:06 PM |
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It was a huge blow for investors
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TheAlchemist
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January 18, 2018, 07:51:54 PM |
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This project originally looked like a scam. That is, buy and sell immediately on take-off. But it seems that this is so fraudulent that they did not give anyone any money except developers. It did not look like a project in which to invest money. It was a completely dirty game.
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tbearhere
Legendary
Offline
Activity: 3136
Merit: 1003
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February 28, 2018, 11:21:38 AM |
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