Bitcoin does not make any promises about getting rich. Steemit does not make any promises about getting rich. Bitconnect promises 1% returnts per day. They can't keep that pace up and eventually it will collapse. maybe not this month or next or even next year, but it will eventually collapse and it will probably bring tons of SEC regulations down on cryptocurrency space because of how much money people are going to lose.
Of course I don't have "proof" if I did, it would already be too late.
Bernie Madoff made a ponzi scheme that lasted for a decade and defrauded investors of 50 billion dollars so BCC IF it is a ponzi is just a drop in the bucket.
Look I'm not saying BCC definitely is a ponzi, I'm just saying it looks like a ponzi. This is exactly how a ponzi scheme works. Use new investor money to pay old investors, but when new investors dry up and there is no more money shit hits the fan.
I wish you luck. Please stop making incoherent arguments. I take your point. I won't change your mind about it, you won't change mine. I'm not jealous of any money people are making on BCC I do just fine with my own investments in projects that I feel have more legitimate uses.
its fine, i kno ur not jealous now, but many people are just fearful of what they dont understand
Butconnect coin is no different than any other high valye crypto currency, its trade on multiple exchanges, has a large userbase of people just wanting to hold them and like buitcoin wont sell them, its just as useful as litecoin but growing at a much faster rate because of the bitconnect website which is simply an exchange and a place tyo do crypto investments, rthe money is simply coming from bitcoin price going up, just accept that they found a way to make money in a cocnsistnet way, because its npot hard, as bitcoin and altcoins go up, they will make more than 1% and also I never saw anywhereon bitconnect that said 1% a day, i remember the egold ponzi schemes that promised 15 a day yes manyof those "forex"; schemes were ponzis
but honestly the crypto currencuy is a decentralized proof of stake coin, how can that be a ponzi? People trade it like any other coiun
bitconnect went down and the priuce of bitconnect coin of course dropped TEMPORARILY and tHEN came right back! people trade it just fine without bitconnect webiste
its too late for it to fail its up there with all the top cryptos now almost 1 billiuon in marketcap
they are simply proaactive and a ittle more centralized with the coin towards the top! so its steemit! its fine man, its just a crypto and they did something clever with 1. promise of daily interest and 2. referals, so WHAT? Is steemit has referals people would be saying it was a scam but steemit in a way does have referals when u get people to join they follow u and eventually as ur followers u got tp signup make money steempower, u get upvoted and make money off them~ we could have a direct referral program, i have people i africa $1 to sign peopel up and gave $1 to teh person they signed up! any crypto cuyrrency COULD have a referal program, i mean coinbase create a referal porogram for Bitcoin! as u get people to buy bitcoin u get $10 and so does the person whopsigns up~ I dont see any evidence of bitconnect stealing money from anyone and havent heard of anyone who lost money with them, i have heard of people loosing money with big exchanges that arent even suposed to be aponzi scheme yet pepople loose money from things.like jaxx wallets and mt gox and tons of exchanges get ripped off
its fine that bitconnectoffers a 1% return, why not? Bitcoin gives people a 1% return if u were to break it down ove rthe yar amd with a reserve of money you COULD offer a steayd 1% return, why not? Buitcoin goes up more than 1% a day lol, over all, yes theer are downturns but thatrs what the resertve funds are for, but overall, bitconnect is simply cashing in on the price of bitcoin's steady rise in value.....
@ackza https://themerkle.com/ponzi-scheme-bitconnect-plummets-90/
Oops turns out I am not a psychic. I was just smart enough to see an obvious ponzi scheme for what it was.