Crytpo Nick claims 2.5 million in referral volume; 86K in referral fees and 1,783 in the downline for an average investment of $1400. each.
in this video
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Crytpo Nick claims 2.5 million in referral volume; 86K in referral fees and 1,783 in the downline for an average investment of $1400. each.
in this video
So CryptoNick now claims 4,933 people in Bitconnect with 12.4 million in volume. It is notable that referral payout structure has changed to level one 5%, level two 3% and level three 1%. I do not know how this effects the numbers. That said It would appear that Bitconnect has not slowed down yet.
And as a datapoint if we take the $12.4 million and divide it by 4,933 people we get an average loan amount of $2,500. This is up from the 1,400 number I have use previously used.
If you look at the screen shot from the videos we can deduce more numbers.
For those people involved in the fraud or pyrmid scheme under Cryptonick. This shows his downline by volume. Dividing the volume by $2,500 for the person we can see
Level one: 1,608 people
Level two: 1,120 people
Level three: 585 people
Level four: 404 people
Level five: 248 people
Level Six: 317 people
level Seven: 331 people
Level Eight: 186 people
level nine: 60 people
Level ten: 30 people
Beyond ten: 72 people.
We can also look at this and see the average idiot in level one has a 70% chance of having some underneath them (level two) and for people in level 2 they have a 52% chance of having someone underneath them. Level three 69% chance or average of .69 people. Level four: 70% chance. I would like to just summarize this data by saying roughly there is a 65% chance someone has someone underneath them or each person has .65 people beneath them. I don't know that there is a lot of practical good for this information, but it does shine a little light into the bitconnect network. It would be fair to assume that those in the system longer have more invested. It would also be same to assume the longer you are in the more downline and better chance of building a downline you have. These factors should be taken into account, but are not as I don't have good guestimates at which to adjust for them. That said. This is a little peak into the downline that is enlightening.