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RE: Bitconnect Scam? Watch Me Test It Daily! DAY 1-3

in #steemit7 years ago

Yah, its probably the domain .co that is not recognized by malwarebytes or google chrome. Mostly foreign sites utilize .co it probably has something to do with restricitons and registration requirements. With .co Bitconnect is probably able to bypass restrictions .com implements because of their business model. I agree about the Ponzee scheme, however since there must be some bot trading, which has not been revealed in the source code because probably Bitconnect does not want to reveal its "trade" secret and make it open source yet, the bot is more accurate than humans placing trades therefore, the multi level marketing scheme will last until no more BCC coins have reached its maximum limit, then the referrals will definitely be suffering and so will the bonus daily interest for the lending hierarchy. By that point, they would have to figure something out, perhaps a fork to increase the mining/ staking capacity.

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