Bitconnect Scam: The 2 6 BN Ponzi Scheme 2019 Update -Bit Connect Reddit

r/Bitcoin – What do you think about bitconnect? – reddit

The threat to delist Bitconnect LTD. BitConnect Compensation Plan Inside of the BitConnect Compensation plan, you must invest bitcoin for a “daily profit” ROI inside of the company. Follow our social media channels for …. BitConnect Coin is a decentralized digital currency, an open-source and peer-to-peer protocol that allows people to invest their possession in a non-government related currency and stores it and even earn from these investments. Alternatively, find out what’s trending across all of Reddit on r/popular. Reddit has thousands of vibrant communities with people that share your interests. Would you trust your money on their platform. People on Telegram are telling me that BCC is not even 8$ worth now. If this is real, Im ruined. You have probably already been approached by someone about this company, or maybe you just came across it in your online searches…. There’s been little sympathy from the cryptocurrency community after the closure of controversial exchange and lending platform Bitconnect. Okay so let’s get on with this BitConnect Review… So there’s quite a bit of buzz about this company at the moment and chances are you’ve been contacted, probably by email, about the opportunity. My go-to source for getting Bitconnect updates has been through Reddit and Twitter. It delivers weird bits of information in broken English, and it fails utterly to make its case clear for someone visiting the site for the first time. Reddit gives you the best of the internet in one place. Bitconnect SCAM with PROOF jenny143 ( 26 ) in bitcoin • 2 years ago (edited) This is a warning to anyone being seduced by the Bitconnect “lending program” promo videos on Steemit/Youtube (sorry @craig-grant, I really like your videos and your “flow” but this needs to be said). I would like to show them how exactly BitConnect works and save them and other users some money, and to also point out how to generally detect a scam.

overview for Bit-Connect – Reddit

Bitconnect.co. The website itself is quite unimpressive. After The Secret Revealed On The News, People Can’t Believe It! BitConnect is an investment opportunity for crytocurrency enthusiasts to purchase a new altcoin, the”BitConnect Coin” (BCC). Bit Connect is trying to make people confuse by making them believe that …. Originally, the BitConnect platform promoted Bitcoin investment and touted special investment software that helped generate returns. Bitconnect SCAM fraserb ( 46 ) in bitconnect • 2 years ago You know, some of the foul play in the crypto space is so bad that a new taxonomy is almost needed to …. At OmiseGO, we believe that having access to financial services can improve lives. Because BCC is a coin used in a lending scheme, the tokens currently on loan are not considered a part of the market value calculation. Over on Reddit, there is a subreddit dedicated to this Ponzi scheme, which has just gone private — likely due to an influx of schadenfreude. As Bitcoin value is constantly growing, it looks absurd not to try out what BitConnect is offering. Users are able to generate BCC through the process of mining.

Bit Connect Reddit
bitconnect co on reddit com

I mean, I know a lot of people called it a scam, but I’m having a hard time understanding exactly how it worked. Was it a scam because a lot of youtubers promoted something that was clearly not on the level, or …. Bitcoin is a distributed, worldwide, decentralized digital money …. Get a constantly updating feed of breaking news, fun stories, pics, memes, and videos just for you. In just over a year, the ‘project’ managed to propel itself from an obscure ICO to a crypto project valued at a staggering $2.6 billion. Prior to the decision, discussion on the BitConnect Reddit raised the prospect of admins being held legally accountable for promotion of a Ponzi scheme. This is all a bad joke right. It says BCC is at 30$ on CoinMarketCap. Don’t be fooled with the “Refund” – They took all your money and you have nothing but useless tokens. BitConnect (BCC) is a cryptocurrency which launched on 15th November 2016 which is owned and operated by Ken Fitzsimmons in the UK. BitConnect promises “daily profit” ROI of up to 40% a …. BitConnect Coin, or BCC, is a digital currency usable in the BitConnect lending scheme, where users earn 1% returns and higher per day in exchange for locking up their money. BitConnectX, on the other hand, is a totally new project. BitConnect is a Bitcoin investment platform and a cryptocurrency released in 2016. To summarize, the system worked by promising people that they could deposit Bitcoin and lend it out through some sort of automated process. Bitconnect X daily is a website that delivers daily news on the new cryptocurrency, bitconnect x. We have a team of researchers finding new information and bringing it to our users. You can learn lots on the currency including how to mine and where to buy. BitConnect has a current supply of 10,866,429 BCC with. In what appears to be an attempt to cover their tracks, admins of the popular BitConnect Reddit have set the discussion forum to private. OmiseGO is a technology first company whose mission is to enable people to securely access financial services, invest, exchange and spend digital assets anytime, anywhere through the OmiseGO platform. And now, as I write this post, the Bitconnect Reddit …. Watch Queue Queue. Watch Queue Queue. BitConnect suddenly dropped from position 8 on CoinMarketCap to position 15, due to a technical recalculation of tokens in circulation. Here’s how it pulled it off. BitConnect is a cryptocurrency and exchange platform that has been accused of being a Ponzi scheme based on how it allows users to “loan” cryptocurrency and rewards users for finding people who want loans from BitConnect. For those of you that don’t know, BitConnect is a cryptocurrency. I’ve previously compiled a small list here, but it’s out of date now. There’s a better (depressingly long) list compiled by a Reddit user here of projects you should avoid. BitConnect.co is a Ponzi Pyramid hybrid, a complete package of illegal and unsustainable schemes. Do you think it’s a scam or the real deal. BitConnect is a Cryptocurrency listed on Coinmarketcap with unit price being over $115. The Lending investment opportunity is some excellent method to help you earn Bitcoins daily. Bitconnect supports the following platforms: Windows, Linux, and Mac.