My buddy is now in Indonesia and he found a bureau of Bitconnect. The pic of it below.
If you are not aware - it was a Ponzi that some YouTubers were promoting and in the end, it disappeared with peoples money.
Here is how it looks, of course, it doesn't work anymore but the banner is still there.
Another funny thing about Bitconnect is Carlos pump guy.. Just check his video from their "party". Shits amazing.
Hell, even biggest youtuber of the world made fun of this movie and the scam.
Markets
Since the coin is actually a crypto (just the business model was the scheme) its still trading and alive (until exchanges kick it off). Keep in mind other exchanges like Binance having BCC are actually having BCH (Bitcoin Cash) just initially it was called BCC so some didnt change it. Do not be fooled by this.
Follow, Resteem and VOTE UP @kingscrown creator of http://fuk.io blog for 0day cryptocurrency news and tips! |
 |
|---|
It was just so obvious to me from the start that it was a scam. Good grief; they used an actual picture of a pyramid to explain their payment model! Yet even with all the warning signs that it was both a pyramid scheme AND a ponzi scheme, it was useless convincing anyone who had already invested. Why? Desperation and greed make for a powerful intoxicant, that's why.
Anyway, I honestly laughed out loud when I first saw the headline for this post in my feed. I used to live in Indonesia and I'll tell you a funny little story this brought to mind.
So I was living in Indonesia for a year, having arrived with just an (at that time) 2 month tourist visa. So I had to go to Singapore every 2 months to get a new tourist visa, which was an expensive and inconvenient trip to keep making. Some long-time expats put me on to this service where they would get a 6 month business visa for you allowing you to do 6 months at a time instead of 2. So I did this, only every month I had to go there to get a 1 month extension on my 6 month visa actually remaining active.
Well long-story short, every month there were new prices and new hoops to jump through. It was always a surprise what it was going to take each month I went to reup. So finally I get fed up and decide to give them a piece of my American mind, LOL. So I start telling them this is no way to run a business. They need to have fixed prices and post them, and if everyone has to go through the same hoops all the time, why not write that up and tell people so they can plan ahead.
They just smiled and nodded. Years later it hit me. I was in that country illegally, they were essentially the mob, and they never knew what they were going to need to ask me for a month in advance because they had no way of knowing what bribe the govt. official they were working with was going to demand.
So basically, I was criticizing the mob on poor business practices. LOL. I'm happy to say I've become a little less "Americans abroad" over the years since. 😀
Anyway, it may not be so strange that bitconnect is still going strong in Indonesia.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
LMAO that’s classic.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think is getting better now with new president...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How anyone invested in something where a guy who was promoting it shouted BITCONNEEEEEEEEEECT, HEY HEY HEY, etc. on stage, I have NO idea lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
GET A WAY FROM THEM!
They took my money, It wasn't that hurt though .. I made evenly as I invested but, feel bad to those people just got in!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I tried to warn so many people of this scam, but all I would receive is hate. Very little sympathy for those who loss money.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They are like that bacterium!Propagated everywhere!The top was cut off and the roots remained...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Their problem not mine, and how can they really be mad at the big promoters
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is clear that their problem.. There will be many more such companies.Just need to be watchful!We have steemit this main thing! :)Good luck to you @crypto2crypto !;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agreed. Many of us have been screaming ‘scam’ for months. The trouble was that people who had invested were trying to get others to invest and didn’t want warnings etc! They seem to have gone quiet now though!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh don’t mention bitconnect now. They will call you a insensitive asshole.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
same here, i told so many people but got so many hate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Whenever greed strikes some one he or she loses his mind and you cannot talk sense to them.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It seems like BitConnect's bureau in Indonesia, not Bitconnect's central headquarters that happens to be in Indonesia.
Still a good find and a good share, and I learned from here that the BCC in Binance is BCH.
The naming is confusing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This comment has received a 50.00 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!
Above average bids may get additional upvotes from our trail members!
Get Upvotes, Join Our Trail, or Delegate Some SP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You got a 50.00% upvote from @greengrowth thanks to @stimialiti! You too can use @GreenGrowth by sending your post URL in the memo field to the bot. Minimum bid is 0.01.
If you feel this post is spammy or not worthy of @Greengrowth you can contact a moderator in our Discord Channel https://discord.gg/6DhnVTQ.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That PewDiePie video is hilarious 🤣...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You mean no more free lambos?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We should stay connected to each other so that if we smell anything fishy we should immediately warn each other and then others
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Question is will people listen?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I will say why not it may not be everybody but at least some and this should not stop us from doing our duty.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The only good thing that came from bitconnect was Carlos Medez
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey hey heeeeeeeeeeyyyy!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wasssaaaaa wassaaaaaa wasssaaaaaaap
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hahahaha. He made bitconnect scam memorable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
1% per day compounding...humanity..,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That bureau looks like a scientology church... super sketchy
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Shame on those promoting a scam
Shame on those too lazy to do real research before putting in money they can't afford to lose
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just stealer
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So glad I did'nt bite on that one...
@trevonjb was a great role moddel or so I thought until Bitconnect, but then again the game we play is a challenging one. Making quick cash never comes without grave risk.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
500 free charitable coin sign up with ethereum address
https://ColourCoin.org/350728 $10 worth free
ICO ending in few days & let us make a fortune
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was watching this whole drama of Bitconnect. Even try to warn some of my friends about it, but it was futile. Some of them lost a great deal of money, but even now they still believe the project will get on its feet again. How sad.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This was one of the biggest Ponzi scheme .which scammed a tons of people money .but after the crazy crash if it to 0.23$ again some scammers started to fool people to buy this & wanted them to invest more in it .which is a very sad part of it .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A lot of people lost money to bitconnect, I have friend that did.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you look closer at their logo, they did show a sign that your money will evaporate
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We just have to be very careful of this scams. I pray God help us but we have to help ourselves also by being very careful in search for wealth
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, fortunate me i didn't enroll them but was tempted and hesitated. as in crypro humanity nil is loyal as soon as it comes to comfortable money.
But they did swallow my bch which was a free gift from land btc. Not a great deal immediately a a small amount of bucks i think.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@maisha I hope you didn't copy @steemfuture's comment. Even though you didn't use it word for word, your comment reminds me of a trick some of my students would pull ... they would translate the English version to another language, then another, and then back into English. Please don't use other people's words and then upvote yourself.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey @kingscrown, great post for bitcoin ! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the only thing that will have future value are the carlos matos internet memes and videos
Carlos Matos is angry
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Best one:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
harry potter is missing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hahahah so well made! Thanks for sharing! I hadn't seen either of these :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Unfortunately cryptocurrencies or should I say, a lack of crypto knowledge is used to get around legal issues. Ie how do we get around registering securities? Just get people to pay in bitcoin... this only works for a short time and only because people are not familiar with the laws around it eventually catches up and people get caught out.
Follow the laws and do the right thing regardless of whether something is purchased in fiat currency, cryptocurrencies or bananas
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So much loss!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
tried to warn so many people of this scam
many people lost money
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
what a nice news ! i love it actually i would share this to korean community
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I personally heard that bitconnect is a scammer and ripping people off their hard earned money. Thanks for updating us @kingscrown
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If it doesn't work anymore, then they should remove the banner.. It will be giving people that lost money in it false hope.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Very good post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good thing my sister and I chose not to jump in.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like your post
https://steemit.com/adventure/@hamidi103/a-never-exhausting-adventure-in-steemit-b48a0f17aeb0f
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
excellent
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is really coming as a shock to me because i did a month back after all options I weighed though i knew it wasnt having a base line but when you are a risk taker you want to try something new but not the fact i took the risk wisely by starting with the least amount just to try hiw solid it was but ere I am hearing stories of scam and the rest. I guess life is win some and lose some. Thanks for sharing this information @kingcrown you always do this for your followers. Thanks for info.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When i heard of bitconnect, from the first day I had no interest in it and i told my friends not to join. Just to hear about their sudden fall.
Accept my sympathy for people who were affected.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Shame on these promoting
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
wow thats great indonesian. best wishes for you guyz. carry on.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @kingscrown, this post is the third most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 390 and the total pending payments to posts in this category was $8498.09. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is really a sad thing when other humans seek to extort other people of their hard earned money. It is really hard to make money and some people just find easy to take just like that no guilty conscience or anything. I watched a few videos of how some people lost everything from bitconnect. Its really terrible. There is another similar program like bitconnect called USI TECH, can anyone comment on this whether it is a ponzi or legit? I know network marketing is a legit business but there are also a lot of ponzis attached to these models. I could not find much information about USI TECH and The TECH COIN.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Next to no sensitivity for the individuals who misfortune cash.It was simply so clear to me from the begin that it was a trick. , it may not be strange to the point that bitconnect is as yet going solid .I attempted to caution such a large number of individuals of this trick, yet all I would get is despise.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Surely it is very surprising for everyone .. They rollicking investment there, but because of inadvertence then the loss will happen .. Thanks for information @kingscrown
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome to Indonesia Brother@kingscrown. Have fun.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
not only are some people hoping that bitconnect will continue they are actually buying into bitconnect x wich is the new ico....unbelievable you can still find people on youtube promoting bitconnct x.
people comited suicide over this bitconnect stuff. i wrote an article about self regulation in the crypto space if we do it big brother wont over regulate.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
one thing for sure they did one hell of a video to promote this scam
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It didn't take a genius to know that this was a scam from the beginning. Anyone promising you guaranteed outrageous returns is probably lying. In general, if a business or crypto (or any type of investment for that matter) has high potential for profit, there's almost always a significant risk involved as well. It's always a delicate balance of risk versus reward.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I had come to know about bitconnect just 10 days before they did exit scam. It was scam from the start. Many tried to warn investors but no one listened. They all got blinded by greed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So Bitconnect's ghost still haunts us till this day. Also I've seen those promo videos before and if I didn't know better I probably been convinced as well. Those videos can easily convince people looking to get rich quickly. Anyways, thanks for the interesting news on Bitconnect.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm also now in Indonesia, but where is it?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Did you saw Carlos Matos nearby? LoL
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes, lucky me i didn't join them but was tempted and hesitated. Because in crypro world nothing is true when it comes to easy money.
But they did swallow my bch which was a free gift from holding btc. Not much just a few bucks i think.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A lot of people lost a lot of money due to their own greed I sincerely hope that some of the youtube promoters are held accountable as they have made thousands if not millions of other peoples misfortune.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
People will be surprised when BitconnectX will go to the moon. Everything will be clear in a few months 🤫😇
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like you posts
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit