Bitconnect Scam? Watch Me Test It Daily! DAY 1-3

in #steemit8 years ago (edited)

In this video I walk you through my transfer of Bitconnect wallet to Bitcoin wallet on the Bitconnect exchange. I lent more or less $2000 dollars to the Bitconnect bot to trade using its volatility software. I show you the 3 days worth of interest payments I received of my two initial investments which turned out to be more or less $30. I then Transferred my newly exchanged bitcoins to my outside wallet Coinbase.

For the next 30 days I will be showing you my daily payouts with Bitconnect. Many are skeptical and believe that Bitconnect is a scam. We'll Here I am taking on that risk and finding out!

If you would like further info, here is a link for full info about bitconnect:
https://github.com/bitconnectcoin/bitconnectcoin

https://chainz.cryptoid.info/bcc/

http://coinmarketcap.com/currencies/bitconnect/#markets

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The fact that malwarebytes and google chrome both insist that bitconnect.co is a malware infected illegitimate site says something. Ponzi schemes work well enough if you're in early, just look at the USD, biggest Ponzi scheme in history. I do appreciate the risk your taking, and for your sake I truly hope I'm wrong... Good luck...

Yah, its probably the domain .co that is not recognized by malwarebytes or google chrome. Mostly foreign sites utilize .co it probably has something to do with restricitons and registration requirements. With .co Bitconnect is probably able to bypass restrictions .com implements because of their business model. I agree about the Ponzee scheme, however since there must be some bot trading, which has not been revealed in the source code because probably Bitconnect does not want to reveal its "trade" secret and make it open source yet, the bot is more accurate than humans placing trades therefore, the multi level marketing scheme will last until no more BCC coins have reached its maximum limit, then the referrals will definitely be suffering and so will the bonus daily interest for the lending hierarchy. By that point, they would have to figure something out, perhaps a fork to increase the mining/ staking capacity.