BitConnect? Your thoughts?

in crypto •  7 years ago  (edited)

I had a friend of mine shoot me a link for yet another crypto site, BitConnect.

From what he explained to me, and forgive the dumbed-down interpretation, it sounds like you make an investment, it sits for 300 days, accumulating interest, and after the 300 days, you get your initial investment back.

I decided to take a gander on YouTube to see if I could make a bit more sense of it, and came across this video, which seems to explain it a bit better:

Sounds like the video creator put in $110 a couple months prior to making the video and was doing a 2 month check up on it. Seems promising by the end of it, but it still begs this question from me: He mentions "my team" a couple times. Does that mean that you have to have people under you? Like a pyramid or MLM? Because I'm not necessarily down with that kind of planning.

Has anyone checked BitConnect out? Do you have stories to share about it? Please let me know in the comments. I would love to find out more and see if that's something that I should look into investing in.


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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..

Some things that can be considered spam:

  • Banner ads of any kind
  • Referral links/codes
  • Repeating the same post
  • Links to known scams, phishing sites, and other dangerous links

That's good to know, and a valid point.

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