Some of my own research on BitConnect

in #bitconnect7 years ago

So there is a website (https://bitconnect.co/) which allows you to earn 1% of your investment daily.
So if you calculate all of this accumulated profit, you could invest just 1000 dollars and in just a couple of years you would already be millionaire. Sounds good, doesn't it?

Their explanation of these profits is that they created a trading bot that trades with the money you invested, then BitConnect takes like 20% fees and you get that 80% of profits into your wallet.

When you do some more research, you can actually find a business called BITCONNECT LTD. registered in UK.
In these documents, you can find only one name owning the business, KEN FITZSIMMONS, but no one really knows who he is.
On their website, you can find the name of lead developer, SATAO NAKOMOTO.
Sounds familiar, doesn't it?
Also, i recently found post here on steemit (forgot the author name, pls forgive me), in which it was found that bitconnect logo was stolen from HubSpot.

But on the other side, they do sometimes make some conferences that make a bit more trust in them.

But well, personally i do still think its EXTREMELY risky to invest in something like this.
Don't ever invest the money you cant afford to lose.
Personally, i have invested just $100 just in case i'm really lucky and this is not a scam.

And finally, if you still wanna invest into BitConnect after reading this, you can you my referral link (https://bitconnect.co/?ref=vlplxd).
But hey, i don't really recommend doing this.

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Thanks for your good posts, I followed you!

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