You are viewing a single comment's thread from:

RE: BREAKING NEWS: Bitconnect Is OVER 😰

in #crypto-news7 years ago

"and you don't need to be a virtuoso to make sense of that the numbers don't make any sense."

Yeah, what made sense about taking loans denominated in $ at BTC < $1000, and paying them back at 15x the BTC price (ie, paying back 1/15th the BTC)?

Do you know how math works? The numbers made amazing sense, that's why they did it.

Sort:  

@max1994 good job translating my comment from this post: https://steemit.com/trading/@cryptopassion/the-end-of-bitconnect
and good job falling for it @lexiconical

you both bring a lot of value to the community irony off