Will BitConnect eventually run away with your money?

in #bitconnect7 years ago

The problem is that we don't know if that trading bot exists.

I know as a manual trader that 1% is quite easy achvied with human eyes on the chart and a strict discipline. But trading bots to produce that good results, with very low risk, is unusual. I'm not saying that it doesn't exist. There's many days the Crypto currencies aren't moving that much, and that should generate less money those days. But anyway, that's where all this stands and falls , do they have a working bot / strategy, or will they see a peak where they have to pay out more to existing custumers than what new ones bring in, and eventually close everything down. That's for me the only thing they need to be trasnparent about is the trading bot. There are a lot of things they can tell about it, without giving out the source code or full strategy.

It's clearly possible to achieve this, but has these guys really cracked the nut?

At least their webdomain is registrered for many years forward.
And as for now, running a masternode generates more money than bitconnect.

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