Many have been involved in Bitconnect and their outrageous success. Their money lending platform turned a lot of small investors into millionaires. For the ones who are not familiar with it, Bitconnect has a money lending program where you can buy their BCC coins, lend them to their trading bot and receive up to 40% returns per month, daily around 1%. Yes, you read it correctly. Banks can sadly only dream of it.
But the true beauty of Bitconnect is not in their lending program which is truly amazing but in the power of compounding. It means that you can practically add 1% to your principal every day and for the next day you have a larger principal to draw new 1% from it. This repeats constantly, 1% gets on top of the other and before you know it your investment grows exponentially. Albert Einstein is often quoted on the power on compounding :
()
"Compound interest is the 8th Wonder of the World... He who understands it earns it...
He who doesn't pays it!”
- Albert Einstein
Yes, that it true, he said that. But let us leave the great genius on the side for now and mention another fact about Bitconnect and their crazy success. Since they showed up on coinsmarketcap.com on January 20th this year (2017) the value of their coin has never ceased to rocket. From $0.16 in January to $280 in November! Let us do a little bit of math. Thank you Mr. Einstein for pointing us the importance of it. Ok. Let's do this. When 280 id divided by 0.16 the result is 1750. One thousand seven hundred and fifty times more than the original price. This means that If someone invested 10 dollars in January to buy Bitconnect BCC coins their investment would now have worth of, again with a little bit of help from math, exactly $17,500. And if they boldly invested $1000 they would have become a millionaire and that's what many people in Vietnam and Thailand and all around the globe actually did.
Now you can registrate to Bitconnect (https://bitconnect.co/?ref=Montag) and start with their program but it is not that hard to understand that the value of their coin will probably not go so exponentially in the future. Sure it will probably grow maybe even 10-20 times but though anything is possible in the exciting world of cryptocurrency we will hardly see such run of 1750 times as we did this year.
But here is the catch. There are programs and ICOs similar to Bitconnect starting all over the place. Let's just mention a few: Regal coin, Hextra coin, Ethconnect, Homeblock coin, Binary coin, Falcon coin, Davor coin, Gold Reward, USI Tech etc. But which one is the best? Regal has already proven its value when it jumped 70 times in only one month! Hextra coin's value on their exchange has risen 12-18 times from literally two weeks before when it was around $1. These coins are generally very difficult to buy in the ICO because of the ridiculous demand.
But all these success stories will likely pale in comparison to the highly probable future success of the Ucoin Cash program (https://ucoincash.co/ref/montag)
This one has it all. Great design. Great ICO program. Great marketing. Inteligent roadmap, whitepaper and talented people behind the product. This is definitely the best lending platform that came out this year, if I had to pick I would say this will be bitconnect 2.0!
PS
Thank you for reading my text. You may do whatever you like if you want, please do not invest more than you are prepared to loose. ICOs are risky, and always due your own research, after all it is your money. And if you want to register, feel free to use the links I provided, thanks again and godspeed.
While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..
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hey, please remove all copies, the system kept telling me that the network could not post my post and i clicked and clicked till i read how the same thing happened to a girl and how she had several duplicated posts. Also, it was not my intention to promote scam sites of course. tnx
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Spamming is not permitted on this platform, but since you mentioned "these success stories will pale in comparison to the future success of the Ucoin Cash program", what are your reasons for saying so besides the great design, ICO program, marketing, roadmap, whitepaper, and talented people behind the product? You also did not mention ETHConnect which in my opinion is the most successful based on the stampede who joined albeit the ICO was a shitshow.
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Well, to tell you the truth it is very possible to see in the future lending programs popping up even in the so called serious business platforms ICO campaigns. Anyway we already witness an avalanche of these programs and I think many of them will be a success. This one UcoinCash stands out with impeccable design and is way ahead of other platforms in their attitude, they are humble, they do not announce a rise in price, they have a low supply of coins and a policy for everyone to buy, they do not prefer whales and big money but decentralized commissioners all of which is in the spirit of cryptocurrency community. When you login to their ICO you will see their plan. Yes, it may be a very elaborated sophisticated scam scheme but they really invested a lot of work in it and they play it out very intelligently. We will see how it goes with their ICO in a few days. If it goes well then I was probably right. But nothing is certain for too long in cryptoworld, is it?
BTW I have mentioned ethconnect as one of the programs but I understand you missed it since it was not on the beginning of the list. Wish you all the best, friend :)
PS I am definitely not paid or endorsed by UcoinCash I just prefer their development before their ICO over others so far ;)
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yes I believe this program that @btcvenom showed me http://ucoincash.co/ref/ackza might be pretty good to get in for ICO and then get out, jus dont do the lending program!
yeah man this is gonan be a GOLD rush!
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why do you say not to do the lending program, just curious?
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because thats how you get trapped in a non cryptocurrency scam
if bitconnect had a blockchain for their lending program and it was transparent and it was somehow in YOUR hands like if you had control, then yes it would be great bit the risk is too high to lend all ur coins to some non bloclchan entity no matter how "humble" they may seem but u maade a good sales pitch i commend you for that
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ok, so you consider bitconnect and other similar sites a scam if I dug it right. that is legitimate but they are actually pulling it off and they will continue to be successful as long as the crypto market is on the rise which may be for many years but it can also all go to toilet like .com bubble did. though some will emerge like ebay, amazon, google have emerged from .com era, the rest of the businesses went to the toilet. it is all very risky. anyway thank you for the compliment it felt good :)
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@cleverbot @originalworks @resteem1
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Hey I thought it was funny. Can't you see me laughing?
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