It's like investing in Russian Scam called MMM. Why shouldn't someone don't invest a spare 100 bucks? Whitepaper of MMM was good...lots a good reviews...See the point? xD
Have you looked into how BitConnect works? Have you done any research on MLM's?
You don't have to go by what people say, you can look into how they work. BitConnect is an MLM. Read about MLM's and you will find out why it's a scam.
It's like investing in Russian Scam called MMM. Why shouldn't someone don't invest a spare 100 bucks? Whitepaper of MMM was good...lots a good reviews...See the point? xD
Whether or not that works wouldn't change the nature of the scam.
Ponzi schemes pay out.. until they don't.
yeah but everyone said steemit and bitcoin was a scam.. and what now? it isn't, i just dont see valid points.
Have you looked into how BitConnect works? Have you done any research on MLM's?
You don't have to go by what people say, you can look into how they work. BitConnect is an MLM. Read about MLM's and you will find out why it's a scam.
there is no proof its a scam thou, and there is loads of MLM lending websites, are they all scams then? but how long does the scam last in this case?
You can't prove that something is a Ponzi scheme until it crashes. You can prove that something is a pyramid scheme.
This is from BitConnect's own website:
Pyramid economics are fundamentally unsustainable. They prey on people who don't recognise that they are buying into an unsustainable scheme.
Yes all MLM systems are scams.