Another great article @streetstyle
I had a thought that I'm almost tempted to turn into a post; If you were going to start a HYIP/Ponzi scheme, why go through all the trouble of making it into something that is blockchain based and (afaik) completely original?
Why make all the effort?
I'm not sure how much time & money were put into creating the platform, but that is another thing that makes me believe it isn't a scam.
The most successful (and thus damaging) ponzi scams are ones that make great strides to appear legitimate and provide rationale for how they are making income. All the while behind the scenes it's a simple ponzi apparatus.
@streetstyle I have read this post and understand that you've earned part of your bitcoin back, and you may yet earn more than you've deposited eventually. Make sure you take possession of your bitcoin back with a withdrawal on the blockchain. By the way, as I understand it they will only return the capital (aka the $ value of the BTC) that you deposit. So if bitcoin goes well up like you predict, you may be still looking at a loss vs. holding bitcoin.
Finally, I urge you to read and consider the implications of referring people to a ponzi like Bitconnect: https://steemit.com/scam/@pfunk/promoting-a-scam-makes-you-a-scammer
I have decided not to downvote scam promotional posts without a warning, but I may downvote future posts. It may sound harsh but please read my post for why.
I never looked at it that way, but that is true usually. I imagine for skilled developers that web part might not be too hard, but then you also have to consider that Coin itself with the wallet and support software. I know that there are some events coming up soon that are Bitconnect related, so lets see if you don't get some insights soon as to what is coming down the pipeline in Bitconnect's future. Thanks for the support @futuristgear
No problem @streetstyle!
Like you say the website might be simple enough, perhaps the internal system wouldn't take too much work either.
But then you've got:
Pretty elaborate stuff all in all.
Yeah me too i believe it is real