I'm a little confused about your anger? You lent the trading bot $1,500 USD, then you make $842 in a few months. That equal 56% ROI on the 1,500 usd. AT the end you get the $1,500 usd back.
So in a few months your US Bank account = $2,342. That's a problem???
Option B would be: Keep 1,500 usd in the bank and in the same time frame your saving might be worth 1,502.
In summary (2,342 Bitconnect) vs (1,502 savings acct) I'll take a risk on Bitconnect
I was surprised that I lent BCC and will get back CASH only. ROI, has very little do do with my experience.
This was a clue that something was wrong with Bitconnect in my opinion. Over the past 4 months, since I originally posted this article, It has come to light that others have pointed similarities between Bitconnect and a common Ponzi scam.
Good luck with your investment.
I'm in for the ROI. I don't know if its a scam,. It sure smells like one, but I'm willing to take the risk. So far I've gotten 11% of my investment out already. My strategy is to get my original USD cash value out, then play with the houses money.
Your analysis is good and compelling, so its good for reader to examine the pros and cons. I'll let you know if I get my original USD cash out.
Thanks for the good info
it clearly says on the website they have 3 options, you can go into the loan program, or mining and the third option. you are in the loan program and want to flip it to the mining program after the fact because you see the coin price is up and you had 1736 coins, it does not work like that, and if you were in the mining program and it was not doing good you would want to flip it to the loan program. you bought 1736 coins at that current market price back then, the only way to get todays current market price is that you held onto the coins and mine them and sell them now at the current market price.
"It clearly says" now.
I'm glad that you took the time to read this post. I hope that you gained some insight that will help any investing decisions that you will make in the future.
As for me, this is over 3 months old.
Situations in the crypto world move very quickly.
I have made several tens of thousands of dollars from Bitconnect. In hindsight, it could have been several hundred thousand.
Disappointing, yes; but, Lessons learned are carried to the next investment.
ok sell me one bitcoin from 299 days ago price,