Bitconnect is really amazing. I have done some investment there myself and all i can say is words cannot describe the feeling. You just have to be a part to know how im feeling right now.
Feelings are bad in business. Should you decide based on your feelings or logic?
Remember TV show Hustle?
They had some interesting quotes:
-Find somebody who wants something for nothing, then give him nothing for something
-Feed the greed
Remember, there are no regulations or ways to chase them legally when they perform their exit. Money trail is hard to follow in crypto.
Can someone show me their about page, their company real world location, and has anyone visited it?
If they ever tried to perform this business model with paypal for example, they would shut them down. While i hate institutions, middle man and governments, it makes you think why.
I think Bitconnect is a scam. But I will not downvote you for this.
Consider the story of pirateat40, then calculate the median yearly gains of bitcoin based on the last 5 years.
You will see that the median yearly gains of btc surpass the proposed btcc payouts for one year.
Also you remain in control of your coins.
It's your money and with 6k of bitcoin you'll be a millionaire by 2022. Without doing a thing.
If you needed money, and have two banks available. Would you loan from one which has 10% interest rate per year, or one with 20% interest rate per year?
Now put yourself in position of BCC "company" who has options to borrow from a bank at certain lower interest rate, or from you at 90-400% interest rate. Why do they need YOU, if it's legitimate business?
How can't you see it?
My main assumption is that nobody sane would throw money away.It's a scam. It still works, but one day their site will be 404.
Them paying so far is actually the most dangerous thing about it. Its confirmation bias. Them being honest so far is absolutely not enough. Sure, early adopters to the ponzi usually extract profit, but those who arrive late, just before they decide to exit scam, will lose everything.
Bitconnect posts tend to get downvoted by a group of people here that think bitconnect is a scam. They will downvote you enough to take away any earnings you may get from upvotes. It also reduces hard earned reputation.
Want to invest in the next big bitcoin? Checkout bitconnect huge gains. https://bitconnect.co/?ref=Braxton101 use this link and make a $1000 loan I will send you $30 worth of bitcoin just comment on one of my posts with your bitcoin address! That is a free $30!! If you try this you might aswell get some money for taking the risk right? Tobad nobody did this for me.
Bitconnect is really amazing. I have done some investment there myself and all i can say is words cannot describe the feeling. You just have to be a part to know how im feeling right now.
:D
Feelings are bad in business. Should you decide based on your feelings or logic?
Remember TV show Hustle?
They had some interesting quotes:
-Find somebody who wants something for nothing, then give him nothing for something
-Feed the greed
Remember, there are no regulations or ways to chase them legally when they perform their exit. Money trail is hard to follow in crypto.
Can someone show me their about page, their company real world location, and has anyone visited it?
If they ever tried to perform this business model with paypal for example, they would shut them down. While i hate institutions, middle man and governments, it makes you think why.
But it is always worth it to try. The hope that it will be is better than admitting defeat before you start. Every great venture we see today sta
I think Bitconnect is a scam. But I will not downvote you for this.
Consider the story of pirateat40, then calculate the median yearly gains of bitcoin based on the last 5 years.
You will see that the median yearly gains of btc surpass the proposed btcc payouts for one year.
Also you remain in control of your coins.
It's your money and with 6k of bitcoin you'll be a millionaire by 2022. Without doing a thing.
If you needed money, and have two banks available. Would you loan from one which has 10% interest rate per year, or one with 20% interest rate per year?
Now put yourself in position of BCC "company" who has options to borrow from a bank at certain lower interest rate, or from you at 90-400% interest rate. Why do they need YOU, if it's legitimate business?
How can't you see it?
My main assumption is that nobody sane would throw money away.It's a scam. It still works, but one day their site will be 404.
Them paying so far is actually the most dangerous thing about it. Its confirmation bias. Them being honest so far is absolutely not enough. Sure, early adopters to the ponzi usually extract profit, but those who arrive late, just before they decide to exit scam, will lose everything.
Is this legit?
So far yes. I was sceptical either, but I gave it a try and so far so good.
Who won the give away? Did I win it should I give you my bitcoin address? =D 1BJUUhwjS4hAFto8vaUFjAPtjT9t68S5aL
ArneVanKeer
Bitconnect posts tend to get downvoted by a group of people here that think bitconnect is a scam. They will downvote you enough to take away any earnings you may get from upvotes. It also reduces hard earned reputation.
But,maybe they won't notice it ;)
I really don't care. Just doing my thing ;)
Want to invest in the next big bitcoin? Checkout bitconnect huge gains. https://bitconnect.co/?ref=Braxton101 use this link and make a $1000 loan I will send you $30 worth of bitcoin just comment on one of my posts with your bitcoin address! That is a free $30!! If you try this you might aswell get some money for taking the risk right? Tobad nobody did this for me.