RE: The Collapse of Bitconnect & Tether is Coming

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The Collapse of Bitconnect & Tether is Coming

in cryptocurrency •  7 years ago 

Can't fail ? Of course it can, your statement doesn't add up factually. The interest paid is more then they make loaning it out. It's a house of cards and will fail 100%

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7 years ago by

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      ·  7 years ago (edited)

    Unfortunately the interest paid is NOT more than they pay out!
    If you invested in BCC a year ago Bitconnect made way more money off of holding your BTC than they pay you interest. Its a ripoff but not like you think. As long as the BTC price goes up they can make money and pay the interests they promise.
    This is NOT a good investment 4 you!
    Best strategy is hold your BTC long term.

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