RE: SCAM Warning: BitConnect

You are viewing a single comment's thread from:

SCAM Warning: BitConnect

in cryptocurrency •  7 years ago 

I know those earnings sound crazy but you need to realize BTC has been skyrocketing over 40% a month on its own. You're just getting a small cut out of their earnings from investing with them. They're also going to be at the blockchain expo this November. Everyone's fast to pull a red flag before they even use/experience any of what they're talking about.
BitConnect Is HERE to PARTY in the USA!
Educate yourself at the blockchain event. Get your ticket for FREE

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

The problem I see with BitConnect is that earnings from investing in bitcoin are never guaranteed. There are also lots of one coin seminars too, where they propagandize about guaranteed income, but that doesn't make one coin any less a scam. However, it is a good point that as long as speculative interest in Bitcoin remains high, everything, scam or not, will prosper. Nonetheless, the scammers are probably the ones who are truly partying in the USA right now.

I'm not saying those earnings are impossible to get in the current market, only those kind of results generally come with ample amounts of risk. If BitConnect was a Bitcoin hedge fund seeking to get those returns, I would be less worried.