And anyone promoting BCC is a snake oil salesmen.
Who sold-out for this referral program (SCAM) !? I lost all respect for any YouTuber pushing this as a sure thing! Same on you!!!
Anyone promoting Bitconnect is a snak oil salesmen and deserves no respect from the community.
Bitconnect is a blockchain based lending platform where you buy BCC tokens and loan it to a BTC trading bot for a minimum of $100 and 299 days. BCC tokens only have value based off the success of its referral "program system" or in reality a pyramid scheme. Since the tokens are locked for loaning the BCC tokens appear to hold and gain value.
This is Price manipulation at its finest. The value of the token is completely artificial and entirely unsustainable. The only saving grace for BCC is their referral-based program and incentives for content creators with large user basis to take advantage of...
Brother. You are champion. Thanks for this post. And I'm glad I found you here on Steemit. Stay in touch, me wants to learn more! PS, feel free to drop by the SteemSpeak homies, tell 'em i sent you. I'm nobody special, just a point of refrence: https://discord.gg/e5twJK
Thanks bro bro
I agree wholeheartedly with your post. I have been telling my friends for some time now. Glad you made this post. People are in it to make some quick bucks by having other people make investment through referrals, etc . . . it's just pretty low in my opinion.
Most of those referral based things are pyramids, and I personally stay clear of all of them and invest DIRECTLY and trade DIRECTLY on market exchanges.
Finally !!!
A lot of people kept inviting me to this bitconnect in facebook, I told them that it will scam but nobody believed, so let them lose their money ! I worned them !
It's a scam
super nuts in my head i though smart people were in crypto but then they cant see through bitconnect ...smh lol
haha, I know man, it's crazy. But even smart people are drawn into these things. Getting the word out is probably the most effective way of slowing it down.
This is my favorite video you've done. It's very funny and transparent. You're one of the good guys.
Really great and informative video! I had been on the fence about bitconnect.
Do you feel the same way about cloudmining?
If you pay 1BTC to Genesis for hashes mining bitcoin, do you get more than 1BTC back?
At the moment Im receiving about .1 BTC a day
That's the kind of info I wanted. Do you have any proof and it's off 1BTC hashpower purchase?
If youd like follow my Youtube Channel. I've invested many BTC for daily payouts
https://www.youtube.com/c/GbonikzBits?sub_confirmation=1
Im sharing my experience on there
It's a scam that if you do it right can make you profit
Cloud mining is very similar. You can make money, but the only way to really be profitable is to have legions of followers on social media who use your codes, advertise your codes to your friends, (I would guess to say that most people who are heavily into referral based cloud mining would tell their loved ones to NOT join) or swap codes with other people constantly.
If you want to mine, get yourself a rig and add to the hashpower of a mining pool. Do not cloud mine. Or buy an expensive mining rig and do it yourself.
I totally agree man!!!! Bitconnect is a massive scam. If you get the chance you should upvote my latest post about altcoins blowing up! Thanks! :) https://steemit.com/cryptocurrency/@parkermorris/steemit-vlog-3-altcoins-will-blow-up
Upvoted
Your friend Trevon James does promote it. Are you calling him a snake oil salesmen?
I don't have to call him out. Everyone already knows.
Anybody that pushes this shit. Will never make honest money or know the joys of real earned wealth.
Thanks for the video. I only scanned the BitConnect briefly, and as a relative crypto newbie, was considering it. You make it VERY clear that this is a site to avoid. I appreciate the tip. :)
You should track the bitcoin value against the bitconnect value over time.... is bitconnect denominated in USD or bitcoin? I'd be glad to help with graphing the data if you can document it for everyone.
Seems as though some have troubles selling their BCcoins...
https://bitcointalk.org/index.php?topic=1841669.0
Upvoted and resteemed sir
Thanks for that information it's a good job there are people like you weeding these bastards out cheers mike , will resteem this one