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RE: BitConnect Scam: Inside the Facebook Profile of a Scammer Part 5
Apparently they have conferences. Has anybody taken pictures at these conferences of the presenters?
Apparently they have conferences. Has anybody taken pictures at these conferences of the presenters?
I did watch a vlog of someone whom apparently went to one of these conferences and seemed legit.
However there is one fundemental that keeps BCC running. It's a PoS coin at the end of the day. BCC owners hold a bunch. You get paid out in BCC. Trading crap aside, they could payout in their BCC stakings and never go broke because they just own that much.
Either way, it's your money use it how you guys want.
Yeah, Having your own coin greatly complicates the math of figuring it out. At the end of the day I think we can ignore the coin. Whenever the inflow of funds dries up, and reserves/savings are gone. It will fail real fast. There is no way of knowing if they are keeping money in USD or bitcoin. Bitcoin has been going up so much they could be doing really well. Because they only give you back the Dollar value you invested in the first place.
There are several conference videos on you tube. There is a lot of good information there about it from people promoting it. I would be highly suspicious that the conferences were put on as sales pitches to convince investors to invest more money, they may also be lower fish putting on the conference. Another thing is that sometimes people will put on a conference and have a friend -dress up and act the part. This is easy to do if from another language and culture. Or they might hire some actors to be in the photos. That said, someday people will be looking for them all them and they will be long gone...