With all due respect, nothing in your post is even close to proof that BitConnect is a scam. Frankly saying you have proof and not providing any is dishonest.
I will say it is most definitely a risk, what isn't in the crypto world. If you included compounding in your math BitConnect takes the cake over holding your bitcoin by far. Anybody that has been in Bitconnect for around 111 days or more has already recovered their original investment and are now in the money.
As for you considering taking the chance, here is something to think about. How many times have you wasted $100 in your life, perhaps on stuff you don't even remember doing or junk you don't use? That's all it takes to start. And $100 compounded as often as you can over a year at .88%(current average) would be about $2400 and after two years over $50,000 as an estimate. Now that's a chance worth taking. Use compoundaily.com if you want to check for yourself. If you respect what I said and want my code let me know.
I agree with you 100%
Here, here. Too many are glued to the referral plan as "proof". I signed up under nobody and there is nobody signed up under me. If this investment program stays in place, I will have much more money than I've ever had in my life. I am compounding, of course.
I tend to agree, I have received a lot of down votes for my review and it was marked as spam. How is my view considered spam? If you dont agree just dont read it and move on.
people will invest in a shit coin but don't trust bitconnect smh!!
why do you trust it?
He thought of bitconnect being a scam by them just buying the bitcoin and making more money than their clients and just paying their customers some of it, but that's not the case!
It's still a scam, but a whole different one! It's one that pays the first investers with the money of the newest investors. Through that, it's easy for both them to make tons of profit and maintain a good reputation, as there is no way we can prove they are doing this, untill it's too late!
That's what I thought. Classic Ponzi scheme. But no way to prove it as you said.
crytptyb whats ur thoughts on bcc now? given money has been stolen out of bcc?
I agree with you too. If you guys want to invest, please use my referral link follow https://bitconnect.co/?ref=bccinvest1
BitConnect brings people to the Bitcoin world and cryptospace by offering 1% interest daily.. there are a lot of people out there that don't understand Crypto, and don't even want to learn about it, but they understand getting a return of 1% daily.. it is true that holding Bitcoin or holding BitConnect tokens are more profitable vs using the Lending Program
u have to also consider the fact that BitConnect has other plans as a company as well.. they are going to have a Smart Card (debt card of some sort), and also a marketplace on their site, and who knows what else they want to create for their project over the course of the next couple months / years.. consider this for example.. what if the government bans Bitcoin.. and then we only have our other crypto tokens to work with until they ban them? this is why it's smart to diversify your portfolio, and why I invest, trade and hold Bitcoin, BitConnect, some other alt coins, and I'm investing in the EthConnect ICO next week
oh I also forgot to mention, it INCENTIVIZES people to join the crypto world by offering the 7% referral commission.. so, it's again, CONNECTING people to Bitcoin, because Bitcoin doesn't have an incentive to get people to promote it and get others to join the movement, that's a huge factor as well
I made $7000 from referral commissions alone, and those people are getting people to sign up, and it's bringing a lot of new investors to the entire space, and that's where it really shines and does EXACTLY what they claim they want to do.. "Connect People To Bitcoin" aka BitConnect
BitConnect brings people to the Bitcoin world and cryptospace by offering 1% interest daily.. there are a lot of people out there that don't understand Crypto, and don't even want to learn about it, but they understand getting a return of 1% daily.. it is true that holding Bitcoin or holding BitConnect tokens are more profitable vs using the Lending Program
u have to also consider the fact that BitConnect has other plans as a company as well.. they are going to have a Smart Card (debt card of some sort), and also a marketplace on their site, and who knows what else they want to create for their project over the course of the next couple months / years.. consider this for example.. what if the government bans Bitcoin.. and then we only have our other crypto tokens to work with until they ban them? this is why it's smart to diversify your portfolio, and why I invest, trade and hold Bitcoin, BitConnect, some other alt coins, and I'm investing in the EthConnect ICO next week
oh I also forgot to mention, it INCENTIVIZES people to join the crypto world by offering the 7% referral commission.. so, it's again, CONNECTING people to Bitcoin, because Bitcoin doesn't have an incentive to get people to promote it and get others to join the movement, that's a huge factor as well
I made $7000 from referral commissions alone, and those people are getting people to sign up, and it's bringing a lot of new investors to the entire space, and that's where it really shines and does EXACTLY what they claim they want to do.. "Connect People To Bitcoin" aka BitConnect