How I am playing the bitcoin fork drama...
I know I planned on sitting on the sidelines but I couldn't resist.
Last night I took some profits from bt-connect platform and exchanged it for the their own token when I saw it drop to $57, then sold for bitcoin when it went back to $62. I then transferred the bitcoin to Bittrex who will be supporting BCC (cash). Whatever happens after August 3rd I plan on putting back in BC and do another loan.
I look at this with the mindset of "there's no such thing as a free lunch", and boy oh boy does this look like something that's just too good to be true.
Hey, if it's working for you? That's awesome! I'm happy for you, but the numbers don't make ANY sense. There is no institution that could pay out anywhere near that amount of interest and still be viable. I have looked at this a few times. It would've been (obviously) very smart to have bought BCC in the beginning and traded it like any other alt. The % interest though...........it just can't work like that! Congrats on your personal success though, i AM happy for you but i would advise folks to do research and use caution
Thank you for your honest feedback and inspiration mr jesusjuice!
I believe in the platform #1 because it works. #2 the support team seems to care about it's users and #3 Jeti Knight explained very well in his video how not only do the numbers work but BC probably makes a huge profit off of their cut of the volatility trading. BC also has a long roadmap and is scheduled to be at many blockchain conferences this year. According to support they are seeing 2,000 new accounts a day. Thanks again I subb'ed to you buddy and gave you an upvote.
I admire your determination and independent thinking - it's too late now to do anything about bitcoin exchanges (in regards to bitcoin transfer). But be prepared to dump - into something that you think will be secure.
You need to be thinking security now, congratulations on your returns. But protect what you've made, and secure its value. You don't want to lose that 1k you've just earnt
Everything seems poised for a breakout. Even Bitcoin is sitting on a reverse head and shoulders pattern. If it breaks out i am happy if it breaks to the down side i am buying more! Thanks for your feedback man. I am now subscribed to thechosen0ne!
Congratulations @steemsteamsteme! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPHow long you been doing bitconnect?
16 days and counting. over $1k profit so far on $5k investment
nice! been trying to find someone who has been doing it for just over half the investment return time.
check out @jetiknight