Why did people get involved in bitconnect?

[Heleacce]

People again fell for easy daily profit. They don't do any apropriate research, don't do simple math and that's the end result. If something sound too good to be true it is a scam.

[Goodnuel]

People do things for various reasons. But most join bitconnect because they wanted to a get rich quick scheme.. It did serve a few as the early birds were able to rip the late comers.. But a lot of persons joined even with the knowledge that it would not last. Some noobs were caught in the process.

[richman3451]

I do not think that bitcoin is a financial pyramid is a new future currency is the same digital money who says that crypto currency is a pyramid or bubble then I advise you to learn in detail the market itself and to see the optimal

[btcprospecter]

Unfortunately people believe there is a way to get rich quick around every corner. People get blinded by the profits they believe others are making and don't want to miss out.

[yonjitsu]

I believe that these people are just victims of a pure SCAM. As they could see, there is an existing token and as the price is getting higher and higher, they become blinded about it without even realizing the danger they're in and yes, it's already too late before they know it's just a scam. Wanting to earn big profit can sometimes so catastrophic that you really never thought would happen to you.

[Suketlapangan]

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?

I don't think anyone expected it to drop so dramatically. Crypto is still something new, so we all learn from mistakes. Ours or the mistakes of others.

yes we all learn from each other here, find out what we didn't know before.

[alexlee4694]

people believe that there is an easy money in market by seeing just a few getting rich, the ponzi schemes like bitconnect have been around and so many times even before the crypto, the risks that arise when playing are also very large and they must be ready to accept all the facts without blaming others.

[itsamemario]

BIEEEEEEEEEEEEEEECONECCCCC
BIEEECONNNNEC

NEVER FORGET

[jugger1028]

Everyone picks one random coin and bets their life on it like it's going to be the next Bitcoin, they don't give a shit if it's a BS shill or a ponzi scheme, all they care about is buying a lottery ticket. "Oh it's only $200 bucks..." multiply that by 5000 and some Russian dude is walking away with a million dollars for making a $20 website and fake references on a forked block chain.

Multiply this by 1000, this is what the state of crypto is today. Thousands of fake coins, tokens, and master nodes with fantasies...

[CrucialTechnology57]

People are always running towards the profitable schemes and they got the provre that it is the profitable scheme though it is a pyramid model.

[callyf]

From my point I don't think because it's already down

[itsamemario]

If you guys want something like bitconnect just dump your bitcoins into my affiliate links below and you probably will save a bit more than bitconnect investors

[nutildah]

If you guys want something like bitconnect just dump your bitcoins into my affiliate links below and you probably will save a bit more than bitconnect investors

Lol, what an amazing plug! I'm speechless (ok now I'm speechless).

[itsamemario]

It gets better.

Picture the BIEEEEEEEECONEEEEECCCCCC    BIEEEEECONEEEEEEECCCCCCC guy

but picture him saying


FILLLLLLLIOTTTTTTT FILLLLLLLIOTTTTTTT as you click my affilaite links below now for the best rate, only available for a limited time

[cryptolet]

People get involved in bitconnect because of greed and the desire to make quick money and get rich overnight even if they know it is a scam.

[admosfir]

I think a lot of people are interested in bitconnect because it promises huge profits, indeed bitconnect gave big profits at the first, but in the end the price dropped and never been back

[Larrycool]

First,  why will people not get involved,  it came like every other cryptocurrency out there with lots  of differences and potentials. However the fact that some people lost alot does not mean alot of people made so much money, sometimes it's one of the risk involved. You have just gotta be positive that you are making the right investment.

[Keeping Up]

whenever i see people get involved in this kind of system i can think of only few things why they joined.
some of which are:
1. they see it as a easy source of money.
2. ignorance - some of this individuals are new to crypto and they instantly jump on the opportunity without researching deeper into it.
3. risk takers - we can't deny the fact that there are those who know from the start that it is a scam but they still want to take risk by gaining early and exiting early..

[Uyiosarugue1]

People got involved bitconnect because alot of persons could not tell the difference between crypto-currency and a Ponzis scheme, bitconnect preyed on that ignorance

[Uyiosarugue1]

I think a lot of people are interested in bitconnect because it promises huge profits, indeed bitconnect gave big profits at the first, but in the end the price dropped and never been back

Well, aside the lack of clarity or general ignorance, greed was the driving force, 30 percent in a month was too good to be true