3 Reasons Why Bitconnect is a scam
OK OK.... I know.
You've heard this before.
But honestly, I just want to be able to say "I told you so" when it all comes crashing down.
Also, I think my reasoning is quite good.
Let me know your thoughts (it's a short vid!)
Boom! ;)
It is not magic. Trading bots have been around for many years. Massive investment firms rely on them. They are just not available to the general public. Secrecy is a must. People have reverse engineered algorithms in the past based off trading data and found flaws in the algorithm. In turn they have exploited millions. Providing trading history is a very very bad thing.
Guess you were right @sashadaygame.
It is not a scam, it is just that there is a big request for it and there is so much you can do with the limited coins in circulation. And when they are getting harder and harder to mine, if you want to be part of it you need to pay big money. It is like a fee for something better, something exclusive and technological superior...otherwise keep doing traditionally the things and you'll end up pay more more in fees than in value.
Thanks for the heads up @sashadaygame ! Where are you vlogging from?? Looks incredible! Hope to see you in ACA soon ;)
Ecuador :)
This comment has received a 14.70 % upvote from @kittybot thanks to: @jmehta.
thanks awsome post
check this out
https://officialbtc.usitech-int.com/
thanks for nyc post
you can check my post give comment & upvote :)
Thanks for sharing Sasha. I agree with your conclusion, because as you already pointed out, there is no proof provided. Also I have some experience with AI and from where I'm standing it really does not seem that we are there yet. There are some pretty sophisticated algorithms out there, and a couple of them do really well in trading, but yeah... not that good.
Nice background btw^^
Thank you for warning people against this scamconnect.