I do not recommend BitConnect. It's just my opinion.(no refferals as well)
I'll do it short, I do not like long posts that need a long reading.
So the reasons are as follows:
$) I believe they really have a trading bot, I use a normal trading bot called gunbot and the percentages are really high. I believe a company worth several billion dollars can afford a profitable trading bot and hire 1000 talented programmers to create one.
A combination of Ponzi and Algotrade? Maybe..
the gains from my gunbot(USDT/BTC)
)
$$) Of course, you can not divide a percentage forever (certainly not 1 percent) but you get daily "dollars" as a daily reward based on the value of the Bitcoin you put in the time of the loan and BitConnect pay in their own currencies after they staking into millions of currencies accompanied by BCC COINS And every coin has a value of 390 dollars! And so they can pay, people in exchange for these coins pay in Bitcoin to put in loans and so the loop will last a long time! For example, at the time of my loan, I gave their "bot" 1,000 BCCs worth $ 10k. I would get 1 percent a day from $ 10,000. But in BitConnect, I would not get the percentage of BitConnect or Bitcoin coins but in dollars
$$$) In addition, they have an internal exchange that maintains their currency value and they can manipulate the currency within the platform itself. For example, if there is a fluctuation of more than 10 percent, the positive interest rate can not be realized for an hour. Which creates a greater demand than supply for one hour! it's huge time in terms of crypto
THE INTERAL EXCHANGE (MAIN TRADING VOLUME)
In summary: As long as their currency will rise in dollar value .. Whether they have Allegotrade or not they will be able to pay the huge amounts they have to pay a day.
How long? I believe that the cryptographic currency market will take up nearly 50% of the world's money.
These are just some of the reasons why they will survive (I do not even speak about the value of their currency rising madly) .
in someday peoples will lose a lot of money from that. don't risk more then you can if you take part of this
nice post informative thanks for share.
@amiramnoam - I have seen lending type crypto businesses pay out a very attractive payout in the beginning, to attract more deposits. Then when the deposits grow very large and payouts become very high, they just fold up and disappear. I am not saying Bitconnect may do that but from your analysis, it looks like a possibility. Will keep an eye out to check for signs.
Thanks for your involved analysis. Upvoted full.
Regards,
@vm2904
Love the info you've written
It sounds like BCC is doing well for the moment
I hope it's not a scam,, but we live and see
Thanks again for posting
thanks for information n bitconnect crypto.
Thanx you so much dear @amiramnoam for sharing your think.
thanks for sharing important information @amiramnoam
Great.Thanks for sharing us
1 SBD = +10$ 😇😇😇
Now 1sbd=+12$
No 11.07$ now
Nice information brother.. Thanks for sharing us.resteem it
helpfull blog tnx for share..
Thanks for the information
I enjoyed about your article and I have just been upvoted it. Keep sharing informative articles. If you wish you can follow me @unknownfacts and I'm sharing some Life Facts that unfamilliar for you again follow me @unknownfacts
Fantastic post @amiramnoam thanks for sharing
Resteemed
the reason bitconnect can pay you back with interest is because they just hold on to their BCC. there's no trade bot. they just follow the price of BTC.the site is a ponzi but a ponzi that wont fall for 5 years+ until then you can make money . only way BCC will fall is if BTC goes down below $2000
@amiramnoam Thanks for information. Check out this post you may be able to help? https://steemit.com/life/@naturalguy/there-is-lawlessness-in-the-crypto-world-who-can-help-you
wow very good information my dear friend @amiramnoam ...
Such information of you is improving our working Goto. . You can not end with your thanks.
thnx for sharing yhis post dear friend ...
Very informative post dear and i too agree with u totally on rhis. Hence have not invested in it.
Regards Nainaz
#thealliance
This is a very important post for bitcoin information. Thanks for share it.
thanks for the info @amiramnoam
If you think about it, the only way new BTC is coming into the system is through new investors coming in daily.
In short, the only way old investors can cash out is when new investors cash in (sounds familliar?)
Here's how to send any coin to bitconnect
Hi all,
I just got into Bitconnect a few weeks ago. I was skeptical. I still am. But I'm making real money that I'm using to buy real things with. So as long as they keep paying, I'll keep using it. If you want to get in on this too, first I would suggest you educate yourself on the risks and rewards. If you still want to get in and make more than 1% a day, please use my referral link below to join my team. The daily loan interest is a good chunk of the money you make. The team building through referrals is a bigger part. Do me a solid and join my team!
https://bitconnect.co/?ref=bmneveu