You are viewing a single comment's thread from:

RE: The BitConnect scam exposed

in #scam7 years ago

The OP completely skips over important points.
-Bitconnect lending is tied into buying into a cryptocoin, artificially inflating its price and then lending THAT coin, not cash.
-Payouts are made in BitconnectCoin and NOT made in cash, this allows it to be able to support payouts because it isn't depended on whether bitconnect has cash to pay out but on whether they have BitconnectCoin to lend, which they have the largest reverse, it is PoS, and when they pay out the value goes down AFTER they give you the BitconnectCoin, which is important.
-If there was no trading bot, which a 1% per day trading bot for an experienced trader, moved into crypto, could EASILY make, they could STILL support what they are offering because of the BitconnectCoin alone.
-The trading bot never offers 1% like many people argue it does and it DOES and HAS for many days in a row offer 0% or near 0% for many days back to back and they make no guarantee that this will never happen forever
-people argue they make a GUARANTEE, They make NO GUARANTEE.