Bitconeeeeeext - next Bitconnect (Scam Warning)

[1miau]

A few days ago, a new "project" has been presented in it’s ANN here on Bitcointalk. It makes no secret of being directly or indirectly related to Bitconnect:

https://bitcointalk.org/index.php?topic=4378430
https://bitconnext.net/

And yes, the project is called Bitconnext (next Bitconnect).
The business model is exactly the same or at least very similar. Like Bitconnect there is an ICO and if the platform starts, Bitconnext promises 12% to 20% profit per month, depending on how much you invest. The profits are generated by trading - according to Bitconnext.
The layout is also very similar to Bitconnect.

Very ridiculous is the following statement on their website:

ABOUT US

Bitconnext LLC is one of the top crypto investment opportunities today and there is a good reason for it. Bitconnext offers features, services and security that no other crypto investment platforms did before it. Our main goal is to help the Investors achieve their financial freedom by creating more secure investment opportunities for them. Unlike other crypto investment platforms that are based on HYIP/PONZI schemes, our platform is based on real arbitrage trading. Our company stands for transparency and devotion towards serving our Investors the right way.

That's exactly what Bitconnect had promised, and in the end the platform was closed in January 2018.

It’s well-known what happened to BCC, the coin of Bitconnect: BCC is almost worthless now: https://coinmarketcap.com/de/currencies/bitconnect/


Please be warned of an investment in this “company”. The promises are to good to be true and claiming profits by trading was never successful. This story Bitconnect already told and in the end it was not true.

[1715166599]

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[1715166599]

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[timerland]

They literally picked the worst name possible for their business.

Needless to say, they are a pretty obvious scam. It's funny, because they literally copied everything over from Bitconnect and still thought that people would believe them and invest in this. Lending platforms like these are already a thing of the past. I think they're trying to get people to think that they are the new version of BCC.

Arbitrage is actually a legitimate way to make money, but definitely not on the scales that they are promising. Plus, they are guaranteeing returns, which means that their business model has nothing to do with this anyways.

[tmfp]

I just posted this in their self modded thread; I wonder if it will last, 'specially now Gleb's turned up too.....

Only HYIP based lending platforms are crashing, because they are paying previous investors with the money invested by new investors. Our platform is generating profits via real arbitrage trading.  It is clearly stated in our whitepaper.

You continually repeat this.
Saying don't make it so.
You provide no proof whatsoever to justify your claim to be either
a) Actual arbitragers and not HYIP admins
b) Able to guarantee that 20% monthly profits are achievable on an ongoing basis

Your "White Paper" resembles a fifth grader effort on the subject of "Arbitrage Theory".
Your sliding scale of increased returns relative to size of investment and longer periods are pure Ponzi Scheme, even more so when claiming an arbitrage advantage for your scheme's

small orders

Now all your investments are insured via arbitrage trading, that is the only one secure financial instrument for investments hedging.

This is a completely misleading use of the word "insured."

Unlike other projects that are created by random and unknown people with fake biographies on their LinkedIn and Twitter profiles, Bitconnext investment platform is created by a company, that is officially registered in Cyprus (Offshore)

Please explain how the use of an off the shelf company, registered in a country only remarkable for its lack of extradition treaties for financial crime, in any way

stands for transparency

If you are not

random and unknown people

then tell us your names, give us your bios and show us your faces. You must be well known, as

For years our team has been working on projects that take advantage of the possibilities offered by cryptocurrency trading.

Prove it.

[SmartCashWillDominate]

lol I think this is just an ICO scam to get the money and run with people trying to invest in ponzis trying to get early.

[1miau]

I just posted this in their self modded thread; I wonder if it will last, 'specially now Gleb's turned up too.....

Yes, let's see. But it isn't deleted so far.  

If you are not

random and unknown people

then tell us your names, give us your bios and show us your faces. You must be well known, as

For years our team has been working on projects that take advantage of the possibilities offered by cryptocurrency trading.

Prove it.

Maybe they have hired some employees from Bitconnect... So yes, they have people who have 'been working on projects that take advantage of the possibilities offered by cryptocurrency trading'. - Take the advantage for themselves.
(but I don't even know if it can be said Bitconnect existed for years...)

[LogitechMouse]

They planned to make an ICO but they didn't plan the name of the project. Its obvious scam. The OP has negative trust already. See the logo of that ICO, its the same as Bitconneeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeect .. . Hey!!! Hey!!! Hey!!!

I hope no dumb investor will invest their money in this shitty lending platform.

[cryptodevil]

Not that this will be a surprise to anybody.

Claims to be a company incorporated in Cyprus, no record found:

[suchmoon]

I seem to have triggered the shithead so the thread has been locked... I was hoping for months of entertainment.

https://bitcointalk.org/index.php?topic=4378430.msg39337492#msg39337492

[yokxashor]

Hello everyone, unfortunately we’re forced to lock our thread temporary, due to cryptodevil and suchmoon trying to extort money from the project.

cryptodevil https://bitcointalk.org/index.php?action=profile;u=224980

suchmoon https://bitcointalk.org/index.php?action=profile;u=234771

Here is the copy of extortion letter, we received from cryptodevil.

http://s1.radikale.ru/uploads/2018/6/4/00274cd75ca3ac55c3a6cb1761e63fda-full.png

[suchmoon]

Hello everyone, unfortunately we’re forced to lock our thread temporary, due to cryptodevil and suchmoon trying to extort money from the project.

cryptodevil https://bitcointalk.org/index.php?action=profile;u=224980

suchmoon  https://bitcointalk.org/index.php?action=profile;u=234771

Here is the copy of extortion letter, we received from cryptodevil.

http://s1.radikale.ru/uploads/2018/6/4/00274cd75ca3ac55c3a6cb1761e63fda-full.png

Zero to full retard world record in the making. You should hire digaran and Quicksy to help you dig this hole.

[1miau]

I seem to have triggered the shithead so the thread has been locked... I was hoping for months of entertainment.

https://bitcointalk.org/index.php?topic=4378430.msg39337492#msg39337492

Good job!  

But yes, on second thought it’s a pity, it was just getting funny. I almost ordered some popcorn.  
What a shame Bitconnext gives up already...
Probably they've made enough money...

Insider-tip: there is still a chance to post some negative feedback:
Bounty Bitconnext: https://bitcointalk.org/index.php?topic=4377997.0

[cryptodevil]

Insider-tip: there is still a chance to post some negative feedback:
Bounty Bitconnext: https://bitcointalk.org/index.php?topic=4377997.0

He's already got a script set up deleting any of my posts in that bounty thread advising people that the OP has been confirmed as a scammer and that their support will result in negative trust being issued.

I guess we'll just have to monitor it and neg accordingly until people get the message.

[1miau]

Insider-tip: there is still a chance to post some negative feedback:
Bounty Bitconnext: https://bitcointalk.org/index.php?topic=4377997.0

He's already got a script set up deleting any of my posts in that bounty thread advising people that the OP has been confirmed as a scammer and that their support will result in negative trust being issued.

I guess we'll just have to monitor it and neg accordingly until people get the message.

Yes, he deleted my warning for new participants not to waste their time for this scam, too:

https://i.imgur.com/CkkKQzK.jpg

Maybe it’s an interesting idea if someone has a high negative trust score to disable the function of self-moderation. Now it’s a clear abuse of self-moderation by him to promote his scam.

So, we could prevent this abuse in the future. Someone who is extremely untrustworthy shouldn’t be allowed to delete critical comments here.

This change would be a drastic intervention so we have to think about it carefully if we want to do this and disable the self-moderation only if the red trust score is over 50 (just an idea, or maybe 100). So many DT members have to confirm this.

[yokxashor]

This change would be a drastic intervention so we have to think about it carefully if we want to do this and disable the self-moderation only if the red trust score is over 50 (just an idea, or maybe 100). So many DT members have to confirm this.

Yes, sure, because of you, fucking newbie, the administrators will change the forum rules.  First off all our platform has nothing to do with bitconnect and secondly nobody cares about your opinion, fucking German Nazi. I know that you are a member of "Autonomous Nationalists" https://en.wikipedia.org/wiki/Autonome_Nationalisten  the nazi movement that is collecting money for their fucking activities. So, I advise you, to shut up and fuck yourself up your German Nazi Ass.

http://s1.radikale.ru/uploads/2018/6/5/11e5330a5e6bcefc29ca423ea3263d14-full.jpg

[suchmoon]

our platform has nothing to do with bitconnect

So you just accidentally named it that way and used the same logo?

It doesn't matter though. It's a scam in its own right, the similarity to Bitconnect is just an amusing detail.

[cryptodevil]

Maybe it’s an interesting idea if someone has a high negative trust score to disable the function of self-moderation. Now it’s a clear abuse of self-moderation by him to promote his scam.

Actually that's a pretty good idea. Many scammers do indeed abuse the self-moderation thread function to prevent warning posts from alerting other users.

You should post that suggestion in the 'Meta' forum and see what kind of response it gets. It's always worth mentioning ideas like this even if only to sound it out as a possible solution to scammer abuses.

First off all our platform has nothing to do with bitconnect

Or Cyprus, it would seem.

Nobody is saying you are anything to do with Bitconnect, it is merely that your scam attempt is awfully similar in name and structure to the Bitconnect scam, therefore, you are labelled as potentially being the next Bitconnect.

[yokxashor]

Or Cyprus, it would seem.
Nobody is saying you are anything to do with Bitconnect, it is merely that your scam attempt is awfully similar in name and structure to the Bitconnect scam, therefore, you are labelled as potentially being the next Bitconnect.

First of all, you don't understand that offshore companies do not appear in public registry. That's regarding Cyprus. And the second thing is, that there were and are dozens of real ponzi threads on this forum, that already stole millions of dollars, but their OP's are not even tagged.

Regalcoin: https://bitcointalk.org/index.php?topic=2093710.0

Ethconnect : https://bitcointalk.org/index.php?topic=2301946.0

Lendconnect : https://bitcointalk.org/index.php?topic=2519448.0

Powerloan : https://bitcointalk.org/index.php?topic=3223704.0

AND MANY OTHERS !!!

We did not started our platform yet and nobody lost anything. The problem of yours is that all of you DT2 members are just fucking idiots connected with each other and all of you are involved in illegal loan businesses (here on this forum) illegal gambling websites and illegal services. This is the ugly truth of this forum.

[1miau]

snip

You should be very careful by doing such disrespectful accusations! I think it's very likely you will be banned soon, if you continue posting bullshit like this and your MLM Ponzi Scam!  

Sorry for crashing your platform, but that's the only thing you deserve!  

We did not started our platform yet and nobody lost anything.

We work to keep it that way. 

Maybe it’s an interesting idea if someone has a high negative trust score to disable the function of self-moderation. Now it’s a clear abuse of self-moderation by him to promote his scam.

Actually that's a pretty good idea. Many scammers do indeed abuse the self-moderation thread function to prevent warning posts from alerting other users.

You should post that suggestion in the 'Meta' forum and see what kind of response it gets. It's always worth mentioning ideas like this even if only to sound it out as a possible solution to scammer abuses.

Thank you, I'll suggest it later in the Meta forum.

[tmfp]

You should be very careful by doing such disrespectful accusations! I think it's very likely you will be banned soon, if you continue posting bullshit like this and your MLM Ponzi Scam!  

It comes with the territory, people get pissed about being called a scammer but they don't get banned for it often, or for calling other people names.
All but the most brain dead/greedy of potential investors will be put off by OTT abusive responses to criticism by scheme admins.
Where there's smoke, there's fire.

Thank you, I'll suggest it later in the Meta forum.

The subject has been raised many times. You use the word "we" as in "we" should do this or "we" should do that; it's not "we" it's theymos, and he's showed no inclination in previous cases.

[1miau]

Thank you, I'll suggest it later in the Meta forum.

The subject has been raised many times. You use the word "we" as in "we" should do this or "we" should do that; it's not "we" it's theymos, and he's showed no inclination in previous cases.

Oh, if it's very unlikely to have a change, so this suggestion is maybe wasted time. But i think if we can bring it up again and some DT members are positive about it it's possilbe to have a chance in long term to change it. I don't want to spam in Meta, but I found these topics so far:

Suggestion of 100 posts required to start a self-moderated topic: https://bitcointalk.org/index.php?topic=1301474.0

Limitation on the following boards: marketplace/Goods(plus all subsections), Currency exchange: https://bitcointalk.org/index.php?topic=2910321.0

For a connection to trust I found nothing so far.

See you later, I'm away some hours

[magneto]

It's such an obvious scam. You could tell from the name alone.

But 12-20% per month and a shitty roadmap that promises a Bitconnext debit card just further reinforces the fact that this is a scam. Jeez, even legitimate bitcoin debit card companies right now is struggling with new regulations in this area, and you expect to launch your own debit card line?

Real arbitrage trading is rarely based on having so much capital, and more about finding opportunities and taking advantage of them.

It's quite ironic, because apparently the 'problem' their whitepaper tries to address is literally "HYIP/Ponzi schemes", when clearly they are exactly that, if not worse.

[cryptodevil]

First of all, you don't understand that offshore companies do not appear in public registry.

There is no such thing as a Cyprus 'Offshore' company. Following Cyprus' accession to the EU they ended their 'International Business Company' (IBC) structure which previously existed over ten years ago for businesses registered and operated in Cyprus, which required that their Shareholders had to be non-Cypriot citizens and were limited to trading exclusively outside of the jurisdiction.

So, as I correctly said, you lied about Bitconnext being a Cyprus-registered company and you're continuing to lie in attempting to claim it to be an incorporation type which hasn't existed for over a decade.

[yokxashor]

First of all, you don't understand that offshore companies do not appear in public registry.

There is no such thing as a Cyprus 'Offshore' company. Following Cyprus' accession to the EU they ended their 'International Business Company' (IBC) structure which previously existed over ten years ago for businesses registered and operated in Cyprus, which required that their Shareholders had to be non-Cypriot citizens and were limited to trading exclusively outside of the jurisdiction.

So, as I correctly said, you lied about Bitconnext being a Cyprus-registered company and you're continuing to lie in attempting to claim it to be an incorporation type which hasn't existed for over a decade.

IBC does not exist any more on Cyprus ? As I mentioned previously you are a fucking uneducated idiot. https://www.offshorecompany.com/company/cyprus-ibc/ Every IBC must file accounts records with the Registrar of Companies and Tax Authorities. The first audited accounts must be filed within the first 18 months from its incorporation date The Registrar maintains a Registry of Shareholders which is accessible to the public. However, nominee shareholders are allowed for anonymous ownership. Dude, I do not care about the opinion of the fucking idiot and EXTROTIONIST like you. We received this letter two days ago and you know what ? I received messages from several projects that they received the similar letter too. I recommended them to open a scam accusation thread about that, so everybody can see who is the DT2 member and what he is doing. There are some examples of extortion attempts  already, where DT2 members were involved. https://bitcointalk.org/index.php?topic=1764757.0  Very soon you will see dozens of scam accusations from several projects that received the similar letter. I'm more that sure, that in real live you are just a fat and stinky asshole with no friends and no family. Here is an undeniable proof that you are an extortionist. http://s1.radikale.ru/uploads/2018/6/6/f6be5a6bc96ba461012dfacf644eabfb-full.png

http://s1.radikale.ru/uploads/2018/6/6/f6be5a6bc96ba461012dfacf644eabfb-full.png

[cryptodevil]

IBC does not exist any more on Cyprus ? As I mentioned previously you are a fucking uneducated idiot. https://www.offshorecompany.com/company/cyprus-ibc/

Oh dear, your ignorance is simply stunning, almost pure in its rage-fuelled stupidity.

There is no such thing as a Cyprus 'Offshore' company or 'IBC' as a separate incorporation entity to a regular Cyprus company. These incorporation agents you are linking to are merely using the term 'Offshore' or 'IBC' to describe a standard Cyprus Limited company incorporation where the majority of its directors, as well as its trading, management and control, are not based in Cyprus, rendering it as being non-resident and, therefore, not liable for taxation in Cyprus (they would, however, still be liable for taxation in whichever jurisdiction their management and control was based).

Your claim as to Bitconnext not being listed on the Cyprus company registry because it is 'offshore', or even as I have explained, non-resident for tax purposes, is false. Bitconnext would still have to be incorporated as any other regular Cyprus company and be on the register, irrespective of whether it is legally resident for tax purposes or not.

[Pecunia non olet]

I wrote a post in the Bitconeeeeeext thread that people should be very careful with the investment and my post was deleted in few minutes.

As I said many times, I do not understand that people still trust in these fake coins and ICOs...

[yokxashor]

I OPENED A SCAM ACCUSATION THREAD AGAINST CRYPTODEVIL AND I SENT A MESSAGE TO THEYMOS.

 https://bitcointalk.org/index.php?topic=4432189.msg39567641#msg39567641

[coinwizard_]

Bitconnect raised so much in funds and they got away with this ponzi scam. Someone else will copy them time and again as newbies join the crypto world unaware of what happened in the past get suckered into it.

[xtraelv]

I OPENED A SCAM ACCUSATION THREAD AGAINST CRYPTODEVIL AND I SENT A MESSAGE TO THEYMOS.

 https://bitcointalk.org/index.php?topic=4432189.msg39567641#msg39567641

https://www.coindesk.com/investors-file-class-action-against-bitconnect-following-abrupt-closure/
https://www.coindesk.com/us-court-freezes-bitconnect-assets-as-lawsuits-mount/
https://www.coindesk.com/bitconnect-promoter-confirms-fbi-interview/

Any attempt to replicate the bitconnect business model is a clear scam.

Your claims on here just do you a disservice and will attract more negative feedback.

Calling someone a "pedo" without reliable proof is defamation and is untrustworthy.

Having both been in disagreement and agreement at times with cryptodevil - I can say one thing for sure. He would not extort anyone for feedback.
He believes in what he says and wouldn't compromise his ethics.

It just takes you from "deluded ponzi promoter" to "deliberate scammer".



Also there was no risked BTC value so that is a straight out lie.


Looks like Bitconnext is based in Georgia (The country)

[Anthrlive]

Honestly, I couldn't believe my eyes first few seconds. It really looks a Bitconnect, same font, same colours. I hope they will hire Carlos Matos to promote their ICO xD

[HCP]

Here is an undeniable proof that you are an extortionist. http://s1.radikale.ru/uploads/2018/6/6/f6be5a6bc96ba461012dfacf644eabfb-full.png I have no idea what "undeniable" means...

Please stop posting and/or linking to the same screenshot of an email that quite clearly comes from a well known "spam email" domain (cyberservices.com) and claiming that is is "undeniable proof" that cryptodevil tried to extort money from you.

Emails are ridiculously easy to "spoof"... In addition, you have no proof that cryptodevil actually sent that email or owns that email address... just because someone put cryptodevil's name on it... doesn't mean that it is him.

If you have some actual evidence, please feel free to post it.

[1miau]

This thread is locked till evening, because I don't plan on spending my own, already very limited time, answering some idiots here. I will reopen it soon, so don't worry suchmoon, as promised I'll make you, VOD, Cryptodevil, ACTMYNAME and MARLBOROZA the stars of scam accusation threads. We got already around 500 views and I hope in a couple of months we will reach 10 000.

Just do it, everyone who hasn't seen it yet will notice you are a scammer and liar! Congratulations, your Bitconnext scam already flopped...


We still wait to see your proof about your experienced team:

For years our team has been working on projects that take advantage of the possibilities offered by cryptocurrency trading.

[suchmoon]

Looks like yokxashor got banned:

Autoban user: N/A in topic #0 by member #1958276

[1miau]

Looks like yokxashor got banned:

Autoban user: N/A in topic #0 by member #1958276

Oh no, now I have to sell all my popcorn...  

[nutildah]

Dear All. Due to scammers and extortionists attack, our ICO is canceled.

We apologize for any inconvenience and appreciate your understanding.

Hey congrats to suchmoon and cryptodevil for getting this guy's panties twisted pretty quickly.

I sincerely hope he unlocks it because I kinda wanted to ask him to explain how they could guarantee those types of profits every month. Flat payout = Flat Ponzi. That's never been anything but the case.

Going by the amount of rage exhibited, he / they must have invested quite a bit into this scheme already.

Its highly likely they never even planned on releasing a token/coin, going by the new standards set by Ethconnect.

[1miau]

I sincerely hope he unlocks it because I kinda wanted to ask him to explain how they could guarantee those types of profits every month. Flat payout = Flat Ponzi. That's never been anything but the case.

I don't know if it's possible to unlock this topic, because yoxkashor got apparently banned (he wasn't online since June 11 and suchmoon suspected that too). Maybe it's possible that a mod can unlock it, but I'm afraid this won't work...

Going by the amount of rage exhibited, he / they must have invested quite a bit into this scheme already.

Yes 
My first impression was they tried to get investors hoping the same history like Bitconnect: invest in the ICO and leave this scam before it busts. Bitconnext tried to advertise with a remarkable resemblance to Bitconnect: name, design of the website, business model...

Only difference: they would have shut down the website way sooner.

[tmfp]

Don't fret guys, you want to argue with/chase scammers?
There's more than enough others to go round still out there.

[xtraelv]

Dear All. Due to scammers and extortionists attack, our ICO is canceled.

We apologize for any inconvenience and appreciate your understanding.

Hey congrats to suchmoon and cryptodevil for getting this guy's panties twisted pretty quickly.

I sincerely hope he unlocks it because I kinda wanted to ask him to explain how they could guarantee those types of profits every month. Flat payout = Flat Ponzi. That's never been anything but the case.

Going by the amount of rage exhibited, he / they must have invested quite a bit into this scheme already.

Its highly likely they never even planned on releasing a token/coin, going by the new standards set by Ethconnect.

Website costs, creation of tokens and whitepaper. I'm sure he was upset that he didn't even recoup his creation costs by scamming people.
https://etherscan.io/token/0xe7cf687a01fc813fbb50c163f6e1c58e080c40ae
https://etherscan.io/token/0xfef47a24b0abefc42950aa319eda354468804bc5