👍CRYPTO-NATION: LIVE DISCUSSING BITCONNECT👍

bi5h0p (55) · 7 years ago (edited)

Show me the WhitePaper on BitConnect.
Don't have one?
That's because it very well may be a ponzi-scheme/scam. It's a pretty big one, and it's been going for a while, and people are making money - for now...
I'd get my money out, If I were you.
Oh - you have to wait 299 days? Bummer.
https://steemit.com/bitconnect/@lasseehlers/bitconnect-the-scam-over-all-scams-here-is-why-craig-grant-is-a-scammer

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3 votes

iamenglishtv (64) · 7 years ago

We are discussing it like Gentlemen, no one is attacking each other, we are questioning the platform.

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cryptofixer (55) · 7 years ago

Why does this comment seem so aggressive? @bi5h0p

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https://steemit.com/steemit/@callumcampbell/exposing-the-biggest-scam-in-cryptocurrency-trevon-james-and-bitconnect

bi5h0p (55) · 7 years ago (edited)

Any business plan that claims to be on the blockchain and using bots to help people earn money needs to prove that their supposed blockchain is actually a real thing. My understanding is that blockchains are very resilient against hacking and therefore, able to be mostly transparent. However, BitConnect, after being challenged on this several times, has still failed to produce any evidence of the claims their people keep on making. Making false claims is not, "hustlin," it's straight up fraud and theft. So, anyone making money from referrals would do very well to ensure they are not, unknowingly, a part of a criminal enterprise. I feel bad for the people who don't understand what is going on here. They join up, put in their money, and start getting little payments - so it seems all good. It won't seem that way on the day when the top tier walks away into the sunset, with everyone's money.

No WhitePaper, no transparency. Until they prove it's on a blockchain, it would be wise to assume that it isn't.

I'm assertive, because I hate to see a good technology being maligned and misused, and see people who - despite their best intentions - have not actually done their due dilligence. It's a great set-up. I may be wrong about it but, so far, nobody can offer any evidence that I am wrong.

Once you understand that blockchain technology is actually going to be able to bring down the corrupt banks, and actually has the potential to free the mass of humanity from debt-slavery, you tend to feel strongly about those who would use "hype" to steer people into another scam. It's going to give our instrument of freedom a big black eye - and I'm not really happy about that.

At least I'm not going to invest in a scam-coin, until the WhitePaper is published, and the creators of BitConnect actually prove that their claims are true. This is what we have always needed to do with our governments and our banks - but people still fail to understand that they have a responsibility to hold the keepers of their money accountable. They get strung along with a little bit of money while the people in control disappear with the lions' share of the wealth. That cycle needs to end, and we all need to play our part in making it happen - not promoting something that is still questionable.

https://steemit.com/steemcleaners/@bi5h0p/craig-grant-and-trevonjb-exposed-for-scamming

Do your own research. I hope you do not discover that you may have misplaced your hard-earned cash.

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architkishore (37) · 7 years ago

Hey Man, We all got scammed once in a lifetime...Not sure whether bitconnect is a scam or not...What I follow is that if the thing is on market cap than it is reliable...It is paying returns on my investment then it is good for me...It all depends on the sustainability...So this post is not about promoting a scam it is about answering questions on bitconnect...Nobody actually asked you to invest for that matter...But yes any suggestions or questions are welcome...

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cryptofixer (55) · 7 years ago

That grin you gave shows yall have one the argument. I am enjoying this

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iamenglishtv (64) · 7 years ago

I didn't want it to be a debate, i just wanted to give my experience.

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waphilip (63) · 7 years ago

I'm just glad you didn't get flagged fam

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iamenglishtv (64) · 7 years ago

M3 too, forgot it was in the title lol

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mattt (47) · 7 years ago

You bring up some good points.

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yemmy4eva (46) · 7 years ago

Good live stream bro..

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iamenglishtv (64) · 7 years ago

Glad you enjoyed it yemmy!

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cryptofixer (55) · 7 years ago

Thank god someone understands were the value comes from

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blazing (70) · 7 years ago

Great Broadcast that was !!

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sutekh (10) · 7 years ago (edited)

Social Security is a ponzi scheme. It's not a fund lol. If you put in SS during the 70s, you're getting back less money now through inflation. Health insurance is also a ponzi scheme that's why they don't enforce preexisting conditions mandate with an insurance mandate or vice versa, can't have both or the system would collapse lol. If prexisting conditions have to be accepted, you have to mandate everyone buy it, or tax them if they don't #scam.Yall actively participating in scams every day lmao.

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