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RE: [Warning] Do Not Invest in BitConnect, it is a Ponzi Scam! Read these 10 Reasons Why
As I've watched others point out, the money is currently trapped in bitconnect. To my knowledge none of those earnings are actually being withdrawn.
How do you know the actual value of bitconnect coin when 98% of the trading is happening on bitconnects exchange?
The value of a coin is dependent on its uses and what value it may bring in the future. What is the goal of Bitconnct except making Ponzi money?
The fact that you can only trade it on their own platform shows that they do not want the "market" to put a price on their project. Also it is only possible to control the price if they control the trading platform. Which is the case.
It allows them to make this Ponzi only last longer.
Correct!
It makes à Ponzi run longer. How is it good for the crypto world?
It's not. Sorry just was saying I agree with you.
Hey my friend @gniksivart.
Sorry for being a little bit aggressive, I have been under attack by some spammers Pro-BitConnect.
I hope you'll accept my apologies.
Take care my friend.
No worries. You'll have the last laugh when they eventually go belly up.
You could just join them and start spamming all the money you're making and help cause the next biggest downfall of crypto since Mt. Gaux
Tôi thấy các coin khác đều hoạt động mô hình tương tự nhau mà
they only recently got put on hitbtc(i am boycotting them now). However until recently in their internal exchange you could not cancel a trade temporary. They just recently added the cancel feature
Steemit also has an internal exchange to turn Steem into Steem dollars.
So...? Your point? In bitconnect internal exchange you could not cancel a trade temporary. They just recently added the cancel feature.
![](https://steemitimages.com/DQmcXcnqSk1J5x96nAUJQwZzRFF9Wso9AJYmUTA4Qhi6K4V/image.png)
And steem internal exchange is not calculted in coinmarketcap=
So steemit can use a bot and do a mega buy order but it won't be collected in the outside exchanges.
thus not increasing steem price. BItconnect internal exchange is counted in prices
It is on Hit BTC.