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.

[1715416963]

1715416963

[1715416963]

1715416963

[1715416963]

1715416963

[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