Why did people get involved in bitconnect?

[FlexBrah]

because there was a pretty attractive payout program one percent per day from your deposit. Some people to maked good money who went in from the very beginning

[1714868462]

1714868462

[1714868462]

1714868462

[1714868462]

1714868462

[Shubhamgill33]

The primary reason was greed and greed only. People fall into these schemes due to the heavy returns promised but they do not look out for the warning signs.

[Kasliono]

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

The answer is simple, at that time, there is no one know and think that bitconnect is a scam at the beginning, Also about the news stuff, people did not believe that news in a day, same as bitcoin which have many news about it is a scam or a bubble, but why the investor still buying btc? Because the news is not always right, and the people do not believe that the newa is right

[coinwizard_]

One could say the same thing about religious cults, it is clear they are run by a nutcase but people still believe it. Bitconnect had the figures and stats to prove they were making big money and will share it. However, only a ponzi can deliver such results but they took a chance anyway

[Siren]

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?

Its given already as you have mentioned lots of reason for these victims scape from being victimized but still they continue to invest theres only one main reason for this foolish movements,and that is GREED because they wanna earn big and faster they entered this scams..i know many users that invested in bitconnect and they are accepting the reality that it was being greed what drives them here

[Radio-Active]

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?

Maybe because they were just blindly believe about the projects ? Some peoples maybe were not doing any due diligence before join bitconnect.
Not mention that many scam ICOS scammed many peoples with a millions dollars worth! In crypto, you must very picky to choose the project.

[daoquanghuan]

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?

Me and many others know crypto thanks to bitconnect. Some early participants paid off and got a profit but I was not so lucky. I lost a lot of money because of it, so many people anticipated the very high risk in this project but still participated. Because of its terrible interest, when no one joins again, this model will collapse and many people will lose money

[Coroline]

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?

because that person is tempted because bitconnect prices always increase, and when people start to follow then prices will always increase, because we know that it is pyramid.

[prehisto]

They did not know that it was a scam.

They did not want to see the red flags, they did concentrate on the big potential of getting rich also the crowd was investing this could be a big factor when talking about scams.
It was not the first and not the last , unfortunately people are not doing their research properly.

[dlhezter]

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?

Well even if it was obvious that was a pyramid scheme many people still support on it they was blind because many people post that they have an income even if it was fake income they are being greedy in promoting scam pyramid scheme then after the platform was run out then they will cry like a baby posting irritated messages regarding on that project that in the first place that was their fault because they are being blind in the income that wasn't true at all.

They did not know that it was a scam.

They did not want to see the red flags, they did concentrate on the big potential of getting rich also the crowd was investing this could be a big factor when talking about scams.
It was not the first and not the last , unfortunately people are not doing their research properly.

In short they are being greedy on the power of being rich they always think that if they join on it they will rich instantly they are not making research before they invest into some project and in result they will be scam and they always said that it is better to be scam than to do nothing they need to have proper knowledge on where they need to have an investment and they are so lazy on doing some research.

[gabmen]

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?

because that person is tempted because bitconnect prices always increase, and when people start to follow then prices will always increase, because we know that it is pyramid.

Well for people that's new in crypto, curiosity would play a part since there are members who actually did make a lot of money during it's run. Unbelievably quick and easy way to make money will surely get a person's interest

[alyssajane1982]

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?

because that person is tempted because bitconnect prices always increase, and when people start to follow then prices will always increase, because we know that it is pyramid.

Well for people that's new in crypto, curiosity would play a part since there are members who actually did make a lot of money during it's run. Unbelievably quick and easy way to make money will surely get a person's interest

Yes because of its popularity a lot of new investors got attracted to this and made investments, but now what just happened? I am so sad a lot of people are scammed by this site.

[Baronggot]

We can't prevent people to stop them from investing in bitconnect because there are also people around them who already earned big from that crypto without realizing that is a scam. People who wanted to get rich instantly or perhaps desperately can be the number one target of the said scam.

[Cryptogid]

bitconnect was actually an investment platform where people just stake money and receive a particular percent per month,it was a soft work requiring no strees at all,almost everyone that new about it loved it..thats one of the reason,its was kind of safe investing with them,

[muarip]

We can't prevent people to stop them from investing in bitconnect because there are also people around them who already earned big from that crypto without realizing that is a scam. People who wanted to get rich instantly or perhaps desperately can be the number one target of the said scam.

It can happen because if we don't study it then we will get a big loss and will stress thinking about what you have done.

[tunapa]

The saying was rampant back then  but really its was a new dimension that blended crypto to another level. It was perfect and people embraced it. They did well . but the pattern couldn't sustain them. Coupled with threats from securities. The had to pack up.

[@ophiuchuss13]

I think that at the first time  it was curiosity, people are always interested in new things and put them initially like in the game, there where the  risks, the risks can bring good money  instantly. who invested in the past, now feels very well

[Yadamosan]

Maybe the reason is the people always had a lust on them, lust to earn money as fast as they can but it's not easy that they're thinking on;Earning money is not easy but when you wait and be contented on what you had you will earn money on the right time, people want's to be rich on just 1click but that's will never happen because on this season that bitcoin is really down they need to get another work, and the greed is always with them so i think they they've get involved in bitconnect just because they want to earn money that easy as they're thingkin on but it's not just by clicking or posting it's about to risk.

[edisystem]

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?

Because people always greedy by looking at the percentage of profit you can earn for each day which is really nonsense but people always go for it. Pyramid scheme always ended with scam and yet people still invest on bitconnect. The stupid thing is many people complain and mad because get scammed by them lol.

[stallerstobtc]

Early adopters know they will have a bigger part than the later majority that will get fucked up.