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RE: Bitconnect Explained by Steve Dell : Interesting Medium post explaining how Bitconnect may work.

in #bitconnect8 years ago

Proof of Stake alone on their holdings alone would cover all payments. That does not mean there is not a trading bot program though.

It is possible for a good auto trading software to get good returns like this on a very volatile currency like Bitcoin. I myself have developed bots that could make 1% a day. I imagine these young Asians behind BitConnect are better programmers than me.

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Great point. Thanks for sharing your insight