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RE: Bitconnect SCAM with PROOF

in #bitcoin7 years ago (edited)

After Craig Grant repeatedly promoted this site I did invest $140. into it to test drive and so far it's been paying out.
I am skeptical though for three reasons:

  1. rate of return is better than good

  2. top volume/main exchange is Bitconnect's own exchange, big warning flag

  3. Where are the names and faces running the show. At this stage of the crypto game all legit operations need to have their names and faces front and center.

Thanks for posting. Upvoted and followed.

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https://bitconnect.in/ provides a little more clarity into their team, but still seems a little sketchy

I was also going to drop $100 as a gambling investment as well, but decided against it after crunching the numbers. Your $140 investment would have returned more from buying and holding bitcoin unfortunately. Also, you would not have to worry about exit scammers. Good point regarding the exchange being owned by Bitconnect - another red flag and risk on exit.

Good luck with your investment. Hopefully it turns profit so you can move on to something less risky. Cheers!

Thanks for the warning .. thumb up 👍🏼 , and followed :)

$140 would grow tremendously more than holding Bitcoin if you compound which is very easy to do with Bitconnect.

Holding BTC from two months ago untill now 7/21/17 (BTC= 2,750) would have yielded greater gains.

Wrong. If you compounded BCC daily yo would net about 70% profit as opposed to under 40% for holding Bitcoin based on today 7/21 prices.