Bitconnect = scam?
Why do I think that Bitconnect is a scam?
According to the official site:
Bitconnect is best known for the bot, which is like to trade bitcoin, with an average profit of 1-2% per day. Here is a beautiful advertisement. The more you deposit, the more you earn! Remember, you can not withdraw capital before 120-299 days!
It looks fantastic, but this isn'tt the end of "free" money, there is still an amazing affiliate program! Wait, something reminds me ...
Fortunately, the CEO of this great company (we do not know who he is) assures us that "lending" them bitcoins is safe and risk free!
Sample bot results (no one has seen it, no one knows how it works and whether it exists), which even Goldman Sachs traders can not get closer to:
Scamconnect charts:
Because this is a great cryptocurrency, already functioning for almost a year, 2 000 000 000 $ capitalization (wtf?), we can exchange it on major crypto exchanges:
Maybe not. Well, Bittrex, Bitfinex, Poloniex or Binance do not know what they are losing.
Bitconnect even has a "road map":
Mathematical riddle.
Bill Gates bought 10,000,000 bitcoins. Send all of them to Bitconnect. After 76 days, he wants to withdraw everything. As we see, this should be approximately 21,090,000 BTC. (Bitconnect has a withdrawal option not in $, only in btc).
From where BitConnect will take so many bitcoins, if there will not be more than 21,000,000? Keep calm, the next level of the pyramid under construction!
Below inflation in Zimbabwe, I was joking, it was the skill of the mysterious Bitconnect bot:
Turn a thousand into a million in two years (with no risk!). Seriously?
How do I see it?
Bitconnect is a Ponzi scheme. There is no trading bot with an average profit of 1% per day. Payments are financed from subsequent payments. The creator(s) of this scam will not reveal his(theirs) name(s), because he(they) will disappear with naive people's bitcoins and only this will remain after him:
Images from: https://www.google.com, https://coinmarketcap.com, https://twitter.com
Have a nice day!
Donations:
(BTC) Bitcoin send to: 1EpheTa1vT8vykBy2VYyWsVsgJv1VYoVmD
(LTC) Litecoin send to: LezPqGVb3S69ssec92oBSRDQSFM32fZAyB
(DASH) Dash send to: Xco4Sx38vRHAx5veUYGoikDc7GdAqgLpH1
(ETH) Ethereum send to: 0x6e89496AC3692DDdE6976479BC8df524Ff5ea912
(LSK) Lisk send to: 9879659926151325953L
(BCH) Bitcoin Cash send to: 1BuwvkUL9JY4fBQs6cKNFysqqkfiA4BtYA
(EOS) send to: 0x6e89496AC3692DDdE6976479BC8df524Ff5ea912
(ETC) ETH Classic send to: 0xb9c09B67d356F17939A1c2A4EDf81040Bd04cAf30
Lol, guiness record for longest crypto ponzi scheme. Even though it is a ponzi I would say it has some smart people inside to pull this scheme for this long. Still, the end is near, interest payments started to get higher than new money.