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RE: Is BitConnect Profitable? | Who is BitConnect? | BE AWARE BE SAFE

in #cryptocurrency7 years ago

Has anyone noticed that whatever money people can make in BitConnect, is the exact same amount as if they had just bought their token at an exchange... and sell it afterwards...?

And by doing that, you would have made the exact same profit, in exact the same time frame... without having your money locked in their program.

This seems very, very, very suspicious... as if the token is being manipulated, and users are being paid by the money BitConnect makes by trading their own token, inside their own exchange.

This will collapse, eventually... and it will be very profitable for the owners. For the users? Not so much.

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@mitrado to be honest, it came across to me few days back when i saw BitConnect tokens being worth of $290...