RE: [Warning] Do Not Invest in BitConnect, it is a Ponzi Scam! Read these 10 Reasons Why
Very good detailed post.
I have had a lot of hate for calling this a dodgy platform and probable scam.
On the companies house front.
Unfortunatly back in early september a group of marketers set up bitconnect international and another bitconnect listing. The latter is now bitcoin amr so watch out for that.
Not sure if the uk gov is looking at them too but i hope so.
The first listing was an obvious fraud listing.
From the bottom of my heart i thank you. Im not the best at writting and would never have out together such a good post. And its nice to not feel so alone with my stance.
Also food for thought
Mathematically its more profitable to hold their token than loan it to them. Based on figures fron june 4th/5th to oct 2nd this year. Without reinvesments or referrals but including 0.25% bouns. You could of made 20k more on a $10010 loan of you just held the token amount instead.
I only add this as people seem to respond to the $ value of all this than real logic.
All my findings are based on historical data from bitconnects own site for interest payments and CMC for token value growth during the time period.