You might have heard about Bitconnect and been tempted to check it out, especially if you're new to the crytocurrency world. (Estimate) 1% daily returns? Sounds great right? Well... Here is what four of the smartest people in the cryptocurrency world have to say about Bitconnect.
So I guess it comes down to this... Do you trust the guys with the education and experience from Princeton, MIT, Google, Ethereum, Goldman, Coinbase... Or the dudes with middle school educations and no financial experience?
Mike Novogratz Tweet on Bitconnect:
https://twitter.com/novogratz/status/936289332289208320
Charlie Lee Tweet on Bitconnect:
https://twitter.com/SatoshiLite/status/936306965860401152
Vitalik Buterin Tweet on Bitconnect:
https://twitter.com/VitalikButerin/status/926236948238360576
You know when you see a super ugly chick and you say to your buddy "I wouldnt f*** her even with your d***"? Well with bitconnect it also applies and "I wouldn't invest in it even with your money"!
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And you yourself have tried Bitconnect
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You want me to put my hard earned money directly into a WELL known, ponzi?
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Yes bitconnect has a lot of issues and I feel bad for the people that have been indoctrinated but just the fact that they hold group meetings and large over the top conferences is a huge red flag. That is a classic psychological trick
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A ponzi scheme is not a scam, it' s a mechanism. Some of them have a solid structure like bitconnect and can have a lifetime of a couple year.Look at the growth of BCC, it was one of the best token for flipping or position of the last months.Even if it started like it, i dont think that a company with 1B of capitalization on the market can end like a classic ponzi.
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Bitconnect is likely a ponzi scheme, and, about to implode like BitPetite, USI Tech and so many others. If you have any investment in it, I suggest you get out as much of it as you can. Clif High of http://halfpasthuman.com has predicted Bitconnect will implode this month. I already took out as much as I could. I'm down a few hundred, but fortunately, not more. There are plenty of articles showing all the outnesses. I urge you research that and get your investment out.
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Congratulations @cryptobobby, this post is the eighth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 850 and the total pending payments to posts in this category was $3971.76. To see the full list of highest paid posts across all accounts categories, click here.
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another one... Andreas Antonopolous
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Bitconnect is likely a ponzi scheme, and, about to implode like BitPetite, USI Tech and so many others. If you have any investment in it, I suggest you get out as much of it as you can. Clif High of http://halfpasthuman.com has predicted Bitconnect will implode this month. I already took out as much as I could. I'm down a few hundred, but fortunately, not more. There are plenty of articles showing all the outnesses. I urge you research that and get your investment out.
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