RE: Flag all scams/referral links/shit you can find!
LMAO, the math in that video is so broken! Its sustainability is only possible if Bitcoin keeps growing. If Bitcoin stops growing fast enough, it won't be profitable for them anymore... And they will stop paying! The trader bot is kept secret and I highly doubt it's trading out there with such profits.
Besides, your statement of "If you can't prove something, it usually means there's nothing to prove." is total BS. We can't prove that https://bitclick.club/ is a scam either. Does that mean that there is nothing to prove? It's a scam. We can't prove it, but it's a scam!
Bitconnect is the same. The math in the video assumes that Bitcoin keeps growing and the trader bot keeps making profitable investments. Both will stop at sometime in the future. The problem is that no one knows why and if you believe Bitcoin is going to grow, why would you invest in Bitconnect and not in Bitcoin?
If you invested $10,010 in Bitconnect 4 months ago, you would've made almost $15,000 profit... AWESOME, right? But what if you invested $10,010 in Bitcoin? Bitcoin's price then was about $2800 and now, the bitcoin price approaches $9000. You would've made more than $22000 profit!
By the way, if you really believe Bitconnect is legitimate, please prove it. "If you can't prove it, it usually means there's nothing to prove!"
I will stop replying, because this discussion is turning into nonsense from your side and logic & facts from my side.
Wow, this is going to blow your mind, but I agree with you on the "what if" Bitcoin stops going up theory, and they know that too... but is Bitcoin going to really stop going up?
It indeed blowed my mind. I feel like Bitcoin will keep rising for a while, but it will stop. It may take years... Decades.. But it will stop. Though it will be profitable until then, I feel like Bitconnect is offering things it shouldn't.
Well no shit, and just like most companies who deal in this kind of stuff, with the exception being Wall Street, because tax payers bail them out when the jig is up, BitConnect too will fail, but I will have already made my money, and will be long gone before it falls... so who cares?
No one knows when it falls.. That's the problem.
As long as Bitcoin keeps rising, you're good, when it isn't... that's when it will fall.
It's amazing people defend Bitconnect. Its a PoS Ponzi scheme. Going to suck for the bagholders.
Agreed. Initially, I thought only the referral link advertisers were "pretending" to believe in it, simply because their followers would invest in it and grant them all sorts of bonuses... But a lot of people really believe it's legitimate! How stupid can people be?