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RE: How is Bitconnect Sustainable? How is Bitconnect Not a Ponzi?

in #bitcoin7 years ago

The point is you didn’t pay in dollars, you paid in btc. If you had just kept the btc you would retain control and earns more than $136. Also, I assume that’s all reinvested?
I invested a similar amount in July and I have withdrawn btc and have managed to recover well under 50% of my initial investment.
Its a scam. Prob not a traditional ponzi but people are going to lose a lot of money.

Craig invested $100. All the rest of it came from referral fees, convincing others to invest their money!

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