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RE: BitConnect is a High Yield Investment Program, aka Ponzi

in #bitconnect8 years ago

That implies that you think ponzis are ineffective and nobody profits from within. Both false. It's only declared purpose with it's 'trading bot' is to steal value, without fail. If it's so fail proof and doing so well then why do they need to lock in your loan for 120 days minimum? It's not 'not a ponzi scheme because it's doing well. The only defense that keeps coming up is that somebody gets their money back, which is zero proof of how much is going out the backdoor.