Why did people get involved in bitconnect?

[Arkham Knight]

Because in a perspective of naive and gullible newbie, all they hear is nice and good things and they became deaf on all the negativities around it. Majority of people who invested in it does not really know cryptocurrency and that scam used it for their benefits.

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[Getcoinsite]

maybe the same reason why they get involved with a whole lot of other shady stuff, the greed!
it actually seems to be a strong driving force in the cryptocurrency market. people even buy bitcoin out of  greed, they want to get rich overnight, and don't get me started on altcoins and their pump and dumps.
so the same thing is true about  bitconnect and all the similar projects. people get involved with them because they think they can make money, they sometimes even close their eyes on facts because all they see is money!

Got it dude,its the greediness whos bring them to become a victim.if greed is an attitude of individual theres always a chance to be always deals in scams,because they will only looks in profit not in the matter

Because in a perspective of naive and gullible newbie, all they hear is nice and good things and they became deaf on all the negativities around it. Majority of people who invested in it does not really know cryptocurrency and that scam used it for their benefits.

Not only newbie is the victim instead those oldies too but they become greed that why the intention becomes a worst case

[ChaChaiTL]

We first need to confirm that BitConnect (BCC) is an electronic currency similar to Bitcoin (BTC) and other coin. Up until now, BitConnect was in the top 15 on the roster, so everyone involved They are also easier to understand and accept

[david tien]

People invested in Bitconnect, because they wanted to be rich overnight, but when project is promising returns that is too big to be true as usually it is scam.

[jaaeeeyyyy]

Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.

I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?

One reason might be because they ignored the signs. They ignored the warnings. In this industry, there is a fine line between what's scam abd what's legitimate. Maybe that's what they thought. Anotger reason might be because they got blinded by the promise of huge profits. That's why they invested blind foldedly and inevitably suffered the consequences later on.

[JumpHIGH]

Usually signs are the inductions about the project is legit or fake. Once we ignore the signs there are more disadvantages in our way to join at bitconnect. Signs is very important to follows or to back off in one particular project.

[Assface16678]

Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.

I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?

They might have been blinded by the promise of even bigger profits than what's already existing in bitcoin that they overlooked the obvious and dubious things that go with bitconnect. Another reason might be because they are persuaded by other people and them, having no prior knowledge about the company and even sometimes to bitcoin, they invested.

[Shimmiry]

Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.

I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?

A lot of people blindfoldedly invested in this scam giving bitconnect the benefit of the doubt and ignoring what the news and signs have been showing them. After all, there is a fine line between what's scam and what's legitimate in this industry. Another reason might be because of the fact that bitconnect promised huge potential profits and they have been blinded by it.

[asraaf8687]

in our opinion bitcoin currency is considered the easiest to make dollar currency very easy by beginner investors, so they make sure and find programs that claim the highest returns every month or every day. This trade is believed by many new people to be true, maybe they do not know how mining or trading is operating in the crypto world.

[raidzero]

I guess the best guess is that there are many people that are not so smart or want to get rich fast. So they dump their money anywhere and hope that they make quick money. Like alot of ICOs.

[asraaf8687]

to our knowledge from the beginning people have recommended that bitconnect is a project that ultimately becomes a scam. However, there are still people involved in it. the greed of being a real person at the end is totally defeated. we advise never to be tempted by things that promise bigger or totally unreasonable gains.

[Kristina_2805]

Bitconnect was not a very prudent idea probably...Anyway, there's no doubt for me that cryptocurrencies are going to displace roughly 25% of national currencies by 2030. They’re just much more efficient, the way they run. They are not very liquid today, but that/s a question of time. Have you heard about Paytomat? Basically, it is a Decentralized System for Cryptocurrency Payments. I've checked their team and partners, quite impressive. They support 11 cryptocurrencies already, have many trustworthy partners like SONM, NEM, Hacken.

[Hartmas]

This is a very interesting scheme that uses a lot of elements of interest to a large society, at the moment also interested in a huge number of people, and it's probably convenient and interesting after all.

[Chicksteen]

this is because they promised good returns ,they succeeded in getting people to buy in because we did not do our due intelligence , most people do not seek to equip themselves with the necessary knowledge and information so they can make informed decisions and choices, most people only listened and followed and we all know the result.

I think, people get involved in bitconnect that bitcoin  is to get insane returns on their investment. A better future is just something that you get with it. Also many people find Bitcoin very convenient as a method of payment as it protects their privacy online and prevents their cards from getting hacked.

[markk94]

Personally think that maybe they try to get the fast profit in a nick of time, not minding about when the bitconnect could be down in the terms of SCAM. The sad part is when people that join bitconnect doesn't suspect any scam thing from this project.

[Bourney001]

To get money like most of us in crypto but ye idk why people did not afraid this ponzi

[maruf_h20]

People are involved with Bitcoin, because Bitcoin is a well known coin or digital currency in the current market. Its circulation is increasing day by day. This is an interesting topic, which is why people are involved with John Bitcoin, and it is possible to earn money through it.

[Le Van Cuong]

Initially Bicconnect was $ 1. Then it raised the price to nearly $ 300. Everybody invested in it. After that, it went bankrupt, at which time many people lost money

[gabmen]

Initially Bicconnect was $ 1. Then it raised the price to nearly $ 300. Everybody invested in it. After that, it went bankrupt, at which time many people lost money

The promise of easy quick money of course. Though sensible people would realize that bitconnect is offering something that's probably too good to be true and would avoid it. Sadly, a lot also seem to have been blinded and invested anyways which really didn't end well for most of them

[vhroen]

Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.

I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?

Simply because people want to earn huge money in a quick and easy way possible. That's human nature, admit it or not. Bitconnect is similar to  Hyip program before Bitcoin becomes a common word nowadays. Risk takers love this kind of program since they are adept at how the program works and enticing newbies to join make them even richer for referral commision they get. Newbies and people invested less were deemed to suffer the bad fate as they can't get their initial investment as quickly as big investors did. But even if you managed to get your seed money once the human nature calls and greed prevail within the person's sanity and investing them again that made their investments to disappear.