RUN RUN RUN RUN AWAY!
For more information go to: http://www.law.cornell.edu/uscode/17/
https://themerkle.com/is-usi-tech-another-bitcoin-mlm-scam/
https://cryptovest.com/news/vitalik-buterin-bitconnect-is-a-ponzi-scheme/
https://news.bitcoin.com/guide-avoiding-bitcoin-fraud/
https://www.vanguardngr.com/2017/11/identifying-bitcoin-scams/
http://ethanvanderbuilt.com/2017/07/19/usi-tech-scam-yes-opinion/
https://www.forbes.com/sites/johnwasik/2017/04/26/how-to-spot-a-bitcoin-scam/
#bitconnect #bitcoin #USItech #ponzischeme #ponzi #scam #warning #cryptocurrency
So, do you know with 100% certainty that Bitconnect is a scam/Ponzi scheme?
Have you personally used the Bitconnect platform and been scammed?
Bitconnect does not guarantee anything, here is a section of the Bitconnect Terms of Service that plainly states there is no guarantee. And investors are required to accept the terms of service on every loan they make.
I cannot say with 100% certainty that it is not a scam/Ponzi scheme, but then I'm not posting articles and videos saying that as a fact it is not a scam/Ponzi scheme.
You mentioned in the video that you would like for someone who has been scammed by Bitconnect, I have not been able to find one myself.
You are entitled to your opinion, but you are stating all of this as fact.
I understand that if Bitconnect does fail, you will have the ultimate glory of telling everyone "I TOLD YOU SO", but I am curious if it continues to succeed, at what point will you admit you were wrong?
The "So" tell for cognitive dissonance. Bernie Madoff wasn't scamming anyone, until they all found out it was a scam.
Now show me the code that runs their alleged trading bot that magically makes money off BTC volatility.
"Bernie Madoff wasn't scamming anyone, until they all found out it was a scam" Exactly my point. If Bitconnect turns out to be a scam then you "guessed" correctly. No one knows for a Fact that it is a scam and should not spread their opinions as Facts
As for seeing the code for their trading bot, go ask any of the major stock trading companies if you can see the bot they use for trading stocks. I'm not sure, but in my opinion I don't think they would show you.
Agreed, I also feel bitconnect is a scam.
Total scam man, hope you can cash out before they whole thing comes crashing down.
Oh don't worry about me brothers! I am no where even near this scam. Ha ha. You would have to be one thick skulled neanderthal to not see through the absolute BS of these companies. No man - I am A-OK. I have like a buck fifty of my own money even remotely exposed to any and all cryptos.
There's alot of guys in it, I'm so amazed, but everyone wants some easy money. Your sitting on 29 STEEM too man....You just may get rich one day...lol.
PonziConnect isn't collapsing just yet, what they did was shrink their circulating supply on sites like Coin Market Cap, presumably because they had jumped into the top 10 in capitalization and that would draw more attention to their scam than they would like. There are a few imitators out there too, namely EthConnect that didn't even try to be original about it.
The guy Craig Grant just "lost" 70 BTC in there. One of two things happened. Either he moved the money due to the British investigations into Bitconnect with them considering shutting it down in the UK, and he hit the EXITS early before the panic - or Bitconnect the scam vaporized his money as they prepare to RUN with everyones money in typical scam fashion. Either way, Bitconnect #bitconnect is DONE, gone, vapor, scam, Ponzi and lots of people will get fleeced. "bUt iTs DifFeReNt tHiS tImE" - Said every sucker ever.
Why so triggered at a technical correction? You misread the chart, thinking its market cap collapsed due to capital flight or "people taking off with your wealth" (which would necessitate a price collapse) instead of the manipulation of its coin supply that actually happened. And what appears to be an intentional market cap adjustment to hide farther down the market cap list looks scammy af, since being in the top 10 would catch the attention of the kind of people who can spot a scam when they see it. There's a reason the UK didn't care about it or Vitalik had never heard of it until after it (briefly) broke into the top 10.
RUN RUN RUN RUN AWAY Yes good advice