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RE: Bitconnect SCAMMED MY TEAM

in #bitcoin7 years ago

WARNING: If you sign up for a cloud mining service, you will lose most of your money as explained in detail here.

As mathematically proven in the above link, if you buy a 15Th/s contract and with a 5% difficulty increase each round, you would only receive 45% of the bitcoin from mining compared to just buying bitcoin directly. And that's just with a 5% difficulty increase per round. Over the last 3 months, the bitcoin difficulty increase has been around 11% on average so you would receive even less than 45%. Also, given the way the price of bitcoin is rising, you can expect even greater difficulty increases further reducing the amount you would mine.

If you want bitcoin, don't be a complete idiot by purchasing cloud mining contracts, just purchase bitcoin directly.

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This does not deserve a flag. Excellent information everyone should see.

Thank you Marcus.

He is spamming and harrasing me on all of my posts. Besides that the assumptions about the difficulty is wrong. Basically they are spreading untrue information. I will address the post very soon in one of my videos.

I think instead you should do a video on staking some bitconnect tokens. I myself want to learn more on staking the tokens to gain interest on them. Additionally Something that would be cool is if you continue to accumulate profits from your refferals and make a large sum of money then every 3 months or something I would give alittle bitcoin to all of your downline that make themselves known in the comment section. Or steemit. For example any of my refferals who signed up under Braxton101 in 10 days I will be sending them some steemit and I will continue to give more as time goes along if they post here in the comment section. Since I like rewarding an ongoing conversation. Upvoted your post I like your video's!

Those are some good ideas. Thanks.

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