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RE: Why BitConnect is a ponzi scam.

in #bitconnect7 years ago (edited)

Why most people don't understand Bitconnect returns.. Your missing a few facts like, limited to 100k max investment. Also if Bitconnect's economy scales beyond certain limits, obviously the return would be reflected as such. The 1% people are getting isn't guaranteed and is based on current market conditions. Did you do any research before you posted this ?

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I did a lot of research before I posted this. I even joined the ponzi with $100 just to do some research. The limit you are talking about doesn't make any difference what so ever. You are allowed to do as many investments as you want, and two $100k investments is exactly the same as one $200k investment. I know that the 1% daily return isn't guaranteed, but this is the daily return on the investment that has been the "norm" so far. And even if you only get the minimum 0.25% guaranteed profit every day (from a $10k investment). It will still add up to $90.780.322 after 10 years. That is 90 million dollars.

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