I've always been controversial about the Bitconnect lending platform. The program seems too good to be true and this is the first time I came up with a theory which shows how Bitconnect works as a PONZI SCHEME. Please share your opinion with us in the comments section. I'd be very happy if someone proofs me wrong.
Bitconnect PONZI SCHEME finally REVEALED!?
7 years ago by foodnature (57)
$0.12
- Past Payouts $0.12
- - Author $0.11
- - Curators $0.01
13 votes
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hello. are you the person on the video? photo pls
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well it does say "foodnature" for his username so it's probably someone who just posts his videos on here. It'll be easier to just message the guy on youtube and ask him if this is his blog on steemit.
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I can confirm. One time on Steemit I pointed out a mistake in a video about Hashflare profitability and the video was later changed to account for that mistake. Probably Sunny / foodnature just created the accounts at different times with different kind of content in mind :)
EDIT: there's a link to this Steemit account in the video description, so confirmed 100% ;)
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Yes. wanted to confirm to see if I am supporting the creator of this good analysis. thank you very much
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strange i've been slwoly leaking exactly this information... and was about to make an article.... and a week later you come to exactly the same conclusion
good job
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Very good explanation. I think this is it.
But it is possible that as a side project they are actually getting something from Bitcoin trades.
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yes but no bot ever existed.... a mediocre trader could multiply their btcs true. but sunny is very right. the moment the inflection point comes it will come crumbling down
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We need more people to be aware of this scam. Enough have suffered already though ecoinplus.
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belive me or not. I spent hours on FB showing basically this math... no one cares... while they see their money rising they are happy... at least I was able to mantain my friends out of that.
A DDOS would help =)
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If you are interested the youtuber Kryptographyk did a different kind of research: he actually dug into the public records company filings and uncovered so much shady stuff. That is was a definitive evidence for me.
People don't care. A ponzi works great until it suddenly doesn't. Ecoinplus did too.
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will check
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