RE: Bitconnect token is Crashing!! Is this the beginning of the end for their hard to sustain model?

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Bitconnect token is Crashing!! Is this the beginning of the end for their hard to sustain model?

in bitconnect •  7 years ago 

I don't get you people. How the flying freaks could you think something legit can offer 1% per day?

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bitconnect and controlled finance have been paying out around 1% a day for quite awile now..... alot of people have just cashed out huge loans.
i havent invested as the risk is to high, but it is looking legit.

if we look at the history of bitconnect the first big push on the youtube was about 250days ago. so with that in mind i would say alot of people are getting paid out and are taking large amounts out instead of reinvesting, why market is going down.
but hey you could be right, it could be a scam, but i really doubt it.

Bernie Madoff Lasted for many years!!
Well the cripto world is much more crazy than the stock exchange the potencial to lose or gain is much higher.
So is possible for a tradding bot to make 1% or more a day, in day tradding.
But if i and such a bot i wouldn't get other people involved for sure :D

Exactly. They were a ponzi scheme.