Myself, I only recently became acquainted with the world of bitcoin and other cryptocurrencies, as well directly with the blockchain technology.
For almost two years, I managed to get the first bumps on investing in pseudoalloy mining, on which I lost a few thousand dollars, although I can't say I was particularly sad about it.
I made the decision consciously and understand that this is a pyramid, but other investors it is a pity that could not and can often still distinguish the real project from the pyramids.
Yes, real-world projects cryptocurrency does not insure anything from falling to the bottom and below in the ad). And certainly it can not boast of almost all conducted by ICO packs this year, sometimes bringing in General a good idea to absurdity.
MDK goes to ICO, the Guy wrote on a piece of paper, how it will distribute tokens to its ICO and received investments. The market is overheated a huge wave of hyip spread in chips for new yachts new investors, which typically go away forever from the world of the crypts, angry at the world that is bad for the industry.
The first thing I hear from friends when talking about what bitcoin is a pyramid. This statement is far from the topic of the person is subconsciously and instantly, as everything he knows is stuffing the first channel and the fears of losing the last penny.
A reasonable person is pretty easy to convince that bitcoin is money, investment asset, technology, anything, but not a pyramid, the essence of decentralization and the absence of refferalnaya system, usually these arguments are more than enough.
But a few months ago I noticed a new coin in the TOP 10 Сoinmarketcap, namely BitConnect. What is this new coin? She was not new, just increased in price. Russian youtube was silent, which is strange. The white paper was essentially empty, its on the stock exchanges and also domestic and two garbage nurseries, private office proposed a seven-level refererence.
I thought maybe they spend ICO, where this reference, but to the seven levels... It essentially stretches to infinity, but no, the coin is already trading on the exchanges and added to Сoinmarketcap. In the famous forum mainly overlooked MMGP hyip projects( in this case, refers to the pyramids) BitConnect added in srednepozdnie HYIP from 16% to 60% per month.
The pros MMGP there is no slightest doubt that this is a pyramid, which pays for more than a year. I urge not to invest in BitConnect. How to make money is a personal matter. Even though as the pyramid, the project is so-so. High minimal input, high output, well, TOP referrers, I think everything is fine with the income.
BitConnect despite the fact that this pyramid, this project can still not stand predictable long. Admins knowingly confuse on a successful likeness of a cryptocurrency. The whole point is that the super interest is calculated in coins BitConnect BCC, the rate of which is absolutely in the hands of the admins, since 94.24% 29/10/2017 are on the internal exchange of this project. And to receive your dividends, you first need to convert the BCC to the same bitcoin.
If tomorrow the exchange rate of the coin BCC will collapse, if not globally, and in part, this sagging will lead to the adjustment of your interest, although I think you will go into noticeable negative, as interest on BitConnect very modest. The main profit is yet again off course, which is under the absolute control of the staff.
When will the global drain depends on a simple principle: how much good now fulfills advertising and referrals, when admins will see a decline in the inflow of new suckers, the project like any pyramid scheme collapses.
Do not call not to invest in BitConnect how to make - a private matter. I just want beginners crypts not rushed to the money and abandoned the venture to invest and explore the crypt. This is a very interesting topic and Yes, it is still possible to make good money in more stable projects. Bitcoin did for half a year x10, why do you pyramid?)
Hello & Cheers!! I'm a content detection and information bot. You are receiving this reply because a short link or links have been detected in your post/comment. The purpose of this message is to inform your readers and yourself about the use of and dangers of short links.
To the readers of the post: Short links are provided by url shortening services. The short links they provide can be useful in some cases. Generally their use is benign. But as with all useful tools there are dangers. Short links can be used to hide all sorts of things. Quite frequently they are used to hide referral links for instance. While not dangerous this can be deceptive. They can also be used to hide dangerous links such as links to phishing sites, sites loaded with malware, scam sites, etc. You should always be extremely cautious before clicking on one. If you don't know and trust the poster don't click. Even if you do you should still be cautious and wary of any site you are sent to. It's always better to visit the site directly and not through a short link.
To the author of the post: While short links may be useful on some sites they are not needed on steemit. You can use markdown to format your links such as this link to steemit. It's as simple as
[steemit](https://steemit.com)
Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit