"Do Not Invest in BitConnect, it is a Ponzi Scam!" – RESPONSE

craig-grant (75) in freedom • 7 years ago

7 years ago by craig-grant (75)

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georgedonnelly (59) · 7 years ago

When I hear Craig Grant was one of the absolute brain-deads promoting BitConnect.... That was unexpected. But you should stand by what you did and not be deleting things.

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1 vote

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newsflash (64) · 7 years ago

@vlemon

You got a response...

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1 vote

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g-power (48) · 7 years ago

I knew it since day one that bitconnet is a ponzi scheme..the outragious interest is comming from new investors....once this new investors ceases,bitconnect will crash or colapse and investors fun will go down the drain.....PEOPLE BE WISE.

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3 votes

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cryptofixer (55) · 7 years ago

Bitconnect is not easy to understand to some people, The thought of getting a 100% return on investment is crazy, This guy has a good response. Thanks for sharing the video. I asked you when you where streaming a while back if bitconnect was a good investment, You said "not to invest anything I wasn't sure of". -The best type of advise

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1 vote

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godcomplex (53) · 7 years ago (edited)

I just find it weird that people who got rich off crypto or Bitcoin are some of the ones complaining about Bitconnect being a Ponzi Scheme. It is like they are ignoring their own history. It would be like if people in Bitconnect later on see some new thing and report it to the FBI as a Ponzi Scheme.

Algorithmic trading is the real deal.

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godcomplex (53) · 7 years ago (edited)

It is an unregulated exchange but no more of a Ponzi Scheme than any other crypto. I think a lot of the heat it gets is fueled by government interests but that would be a conspiracy theory. Bitconnect is paying, and no user of it complains, so it is profitable.

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1 vote

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davebrewer (59) · 7 years ago

It is CERTAINLY more of a Ponzi scheme than any other crypto.

PONZI scheme means a fraudulent mechanism where specific returns are promised, but in fact that those returns to the first ones in are being paid by the fees of the last ones in, until it collapses on itself as the inflow of new investors dries up

This is exactly what Bitconnect does.

Please give the name of any other cryptocurrency that is promising specific returns in specific timeframes?

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3 votes

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godcomplex (53) · 7 years ago (edited)

I've personally submitted a Bitconnect loan and got paid. How many Bitconnect loans have you tried? If you have never used Bitconnect and never even browsed the website then who are you to tell us what it is or isn't? You are in a competing Ponzi Scheme. If you are afraid of risks and of Ponzi Schemes I suggest you keep your money in your bank account where the government can protect you from these risks (and opportunities). People afraid to take risks don't deserve opportunities and so they don't get them.

Do you expect to get rich without taking an equivalent amount of risk? Finally