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Author Topic: Why did people get involved in bitconnect?  (Read 2590 times)
jikurpa
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September 28, 2018, 04:58:39 PM
 #241

The simple answer is pure greed. Some saw a way to make easy money and plenty of it. Before investing potential buyers should ask themselves how someone can make such high returns yet they themselves cannot.
not everyone as you say bitcoin was created with advances in technology and development of the times and along with its development is needed an advanced economic system also possible one of them cryptocurrencies and people follow bitcoin because they follow the development of the times and technological development
yoseph
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September 28, 2018, 05:10:21 PM
 #242

In a very simple language we can say it is just a greed.If someone saw a way of making easy money then they connected. I think people who participated knew its risk factors.
People are just too greedy, when people see the chance that they are going to make an astronomical amount of money, they seem to lose their reasoning altogether and they become victims of such things.
ghermghuda
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October 01, 2018, 09:27:24 PM
 #243

In addition, something i have realized is that scams just eat us up without notice. Humans are humans and hence our dopamine effect always come inti play- i mean our emotions sometimes gets control over us and we taje initiatives we never wished we did, and that's why people are still getting scammed each day.

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October 01, 2018, 09:47:36 PM
 #244

Maybe the reason why they get involved in bitconnect is because it has they same features in bitcoin. Maybe they find it also interesting and have a good background how it was created and who are the people behind it. There is always a reason behind each doings.

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October 02, 2018, 12:00:13 AM
 #245

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 its because greedy from investor. Many sign that bitconnect is a scam and pyramid scheme but they ignore it because they just want to make more profits from it.
RockerNun
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October 06, 2018, 02:09:28 AM
 #246

Now it's just a name and very sad, hopefully for other currencies unlike bitconnect. Because bitconnect is very profitable and promises in the future for profit. Most of them buy without doing the research first, lack the knowledge and information necessary so they can make the right decision and choice, most people just listen and follow and all of them We know the results. In my opinion, people are investing in BitConnect, because they want to get rich in a day, but when the project puts too many results to come true, it becomes fraud. People have been involved in bitconnect because of their greed to get rich quick investment.
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October 06, 2018, 03:04:51 AM
 #247

I got involved in a ponzi scheme because of the interest (ROI) it promised within a short period of time! What needed to be satisfied was my greed apitite! Yes, Mine isn't different from why people had to get themselves involved in "Bitconnect" the quest to make quick money effortlessly within a short time is what drives people into things like Bitconnect!!! Ponzis. Until My first ponzi experience I thought I was the only one who couldn't stand the fact of being broke and needed fast ways of making it big! When I realized people could part with milllions of dollars for 30%, 50% ROI in 14, 30, and 132 days, I knew I was joking all along.

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Johnzky
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October 06, 2018, 03:16:25 AM
 #248

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!
Absolutely Greed is the main reason why people still become victimized by bitconnect scheming imagine how huge the promised profit with a small amount of investing?

And besides i believe this scamming becomes an eye opener for all the investors and prospective investors to always seek for good profiteering in this riskier market.so be aware and be observant
gesdan
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October 06, 2018, 03:35:36 AM
 #249

maybe some people that bitconnect is a good project and good things, so they want to involved with bitconnect and anything else, or just people that just follow their trends or friends to involved in bitconnect without knowing what is bitconncent?

mithon2017
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October 06, 2018, 06:48:31 AM
 #250

Bitcoin is really good for us. people get involved Bitcoin connect because Bitcoin gives lot of opportunities to trade. you can development your life,  your country using it. so most of the people believe it. most of the people want to good life. and Bitcoin gives lot of promising chance to build up good life.
zuziekatee
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October 06, 2018, 07:28:09 AM
 #251

Every opportunity is a banger to always make profit from it whether its a good one or a bad one. the problem with people is greed and inability to enter or quit at the right time.

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lee cooper
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October 06, 2018, 08:09:07 AM
 #252

They think bitconect will provide more benefits, even though bitconnect itself is a scam project because the team has fled. Initially, it did have good potential but the developers were not responsible so they ignored bitconect. A dilemma for crypto lovers.
bdc2343
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November 01, 2018, 06:17:01 AM
 #253

Everybody who uses bitcoin is profitable, they want to connect with each other, meaning they want to share their way of making money, and there can be many components of fraud. Many of the participants may be due to their curiosity or greed.

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Bomber007
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November 01, 2018, 07:16:44 AM
 #254

People got into bitconnect because it promised good profit in a really short time, they got into it for the same reason that people still foolishly invest in High Yield Investment Platforms known as HYIPs, they just want to make profit real fast, it was a calculated risk for some people and blind risk for most because some people were lucky and made a lot of money from that scheme although the majority lost.

J Gambler
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November 01, 2018, 07:20:44 AM
 #255

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?

Only to does whos willing to invest without regreting can invest their money to these Pyramid and Ponzi schemes. Yes, this is an easy money however, the problem here is when will it last? So if you are willing to take a risk, then do it.

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November 01, 2018, 07:35:52 AM
 #256

Quick profit is the name of the game, and you have to admit that bitconnect promised that in spades, infact it not only promised that, it delivered that promise to many people, it is unfortunate that the vast majority lost though.

Agatha-Akina
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November 01, 2018, 08:01:35 AM
 #257

Because people hear the promises of success, those who are not equipped with good knowledge will easily believe, and the results of how well we know. So be a lucid person before making a decision
saumang2m
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November 01, 2018, 09:25:15 AM
 #258

People are joining the Bitcoin platform so. Because Bitcoin is such a platform. In which people can earn money by working without any investment. And can meet your life's needs. Almost all people around the world will be connected to Bitcoin in the coming time.

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Aldrinx00
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November 01, 2018, 09:52:03 AM
 #259

I think most people who invested in Bitconnect are new in cryptocurrency and wants to earn huge, quickly without doing hardwork.
They don't have enough knowledge and didn't even study that this kind of hyip is a pyramid scheme, i hope people now realize how important due diligence is before investing.

Louis Jackson
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December 08, 2018, 02:32:20 AM
 #260

 People fall into these schemes due to the heavy returns promised
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