BitConnect keeps paying out shit, while Bitcoin rises like The Dark Knight... here's the real reason it's a scam!
People wonder all the time how BitConnect could possibly be sustainable, mostly because the great majority of them are sheep, and just listen to what others tell them, but in reality, BitConnect doesn't pay as well as many might think.
The going made up claim, is that BitConnect pays out 2% daily (I wish) interest, when in reality, it is consistently much much lower.
In fact, if you were to have just invested directly into Bitcoin, or into the BitConnect token for that matter, you would have made far far more money than you would have investing into the BitConnect lending program.
These are all facts people, so if you want to dispute them, go check the numbers yourself.
The real reason why people believe BitConnect is the second coming of Christ, is due to its extremely rewarding referral program.
People such as CryptoNick, Trevon James, and Craig Grant have made their entire fortunes off the backs of other suckers believing in the BitConnect dream, and 90% of that fortune came from BitConnect's referral program... not the lending platform.
And the real spit in the face, is the great majority of the referral money that these bad actors stole from them brain dead followers, was put directly into Bitcoin and other more sensible investments, as opposed to the lending program they so vociferously champion.
So sad really, but it shows to go you people... don't be stupid!
And if something sounds too good to be true, especially when it comes from the mouths of these shady characters, you'd best hold tightly onto your money, and just keep on walking on by.
We can't be mad at them for getting referrals and making money. The system does work. You can get a rough estimate for what you will be bringing in after a certain amount of days here. The truth is we don't know what bitcoin or any of the cryptos are going to do. You have some valid points such as the investment of bitcoin increases over the last year was probably better than the interest in BitConnect but people can make a lot off of BitConnect as well and eventually live off of it! Great article! Keep posting.![](https://steemitimages.com/640x0/https://bitconnect.co/upload/image/banner/lending/BitConnect-lending-728X90.gif?v=98745478)
Lol..... You've said it all. Nice post
Why thank you, and I wish it wasn't so, but there are a lot of bad folks out there praying on the weak, and they must be called out. Leaving a paper-trail on the internet is the best way I know how, so hopefully it works.
does it matter? of course it should.
@tolkatore Nice post! I upvoted and followed you. Can you check my last blog posts
https://steemit.com/life/@alirajput/some-stunning-images-from-the-city-of-lights