Hey there. Thanks for dropping by!
This is my first month update on what could be the latest blockchain ponzi scheme.
Bitconnect - Day 31. First month and my thoughts
All we really need to see is a decent white paper and some proof there is a "trading bot" so we know its not just new money feeding old money.
We wait for answers and i asked on twitter so we shall see if i get a response.
The hq listed on the site is apprently Tonbridge UK... would you look at that its less than a 3 hour drive for me to get there. If invited and allowed to record trip i could potentially prove its legit. I doubt that day will ever come though.
Thanks for viewing
Have a nice day and Steem on!
Disclaimer: none of the sites or trading i do is gaurenteed and i have only put in what i can afford. This is not finacial advice. If you are interested in the two main sites i use there will be referral links below and i will recieve a small bouns dependant on what you invest if you choose too. These stats will always be mentioned in future posts (no names just figures)
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MinerGate: https://minergate.com/a/71513b513ea218efb2695db0
BitConnect:
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I've tried to reach out multiple times with no response. While it's possible it can be old money feeding new, id like tontgink it's just as possible that what's feeding the new money is whatever bcc tokens the company kept for itself to disperse. That coin has gone up a ton since opening, so I'm assuming the founders are loaded with plenty of cash to payout while they build the company?
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i want to think positive things. But if i remember tokens are limited supply and everyone who loans are locking up more so in essence they are controlling the price growth. But i stick by that it should be easy to supply say previous weeks trades by the "bot"
We wait anxiously as i do really want it to be legit but its hard to believe without proof
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Agree. I feel like in a few months when people start pulling out their initial deposits is when we're really going to see just how legit this coin is. I still have 5 months to go. 😬 In the meantime I'm making $40/day but that won't matter if I end up losing my 4K investment.
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