You are viewing a single comment's thread from:
RE: Responding to Jeti Knight's Response Video to BoxMining's Video
I think we all learned our lesson on lending platforms the hard way. I wish I invested Steem instead of BCC. But there's no going back. I'm hodling BCC for now and hope it moons like you said.
Boxmining was wrong. The only reason why my position was shunned was because of emotion, and not the facts. The reason why I pulled the video is for the same reason. We spoke Jack, and though you state that the coin was "no where near $362, it was actually not $250, but $297. However what you fail to realize is the fact that the general valuation you're referring to was based on a total release of all capital on the entire platform. My video talked responded to how bitconnect indeed had the capital to pay out, generally speaking 1%, to everyone using the platform...and the fact that they paid everyone with a coin that was valuated at $362 proves it. How can you pay out an entire 100% active invest (albeit at the price) but cant pay just 1% of folks active investment at a bcc price of $297? Boxmining was wrong plan and simple. If folks take the time to understand what im presenting then it's clear to see that this has nothing to do with the $362 valuation. Bitconnect had enough to pay the interest on the day. They didnt run out of money because if they did they wouldnt have had money to payout the entire active investements. Saying that bitconnect ran out of bitconnect tokens (which is how we got paid) is ridiculous just by seeing what they ultimately did with the tokens. Just dealing with the facts.