Bitconnect - your money might belong to the queen
Update about Bitconnect - it is a scam!
Since weeks there this talk bout whether Bitconnect is a scam or not.
In my opinion, Bix Weir explains pretty well, why Bitconnect is a scam. After the video of Clif and jsnip4, now Bix also did some research about Bitconnect and if you put all the information those three people found, it becomes quite obvious.
So I'd like to share some points that concern me:
- 95 % of BCC (Bitconnect) can only be exchanged on BCCs own privately hold exchange platform! It is not listed on any other big exchange, livecoin (2%) and hitBTC (0.85%) are the next platforms to exchange Bitconnect
- On the U.K. government site, where BCC is registered, states that the companies registration confirmation statement is overdue. They missed their statement date which was in July 2017.
- The person, under which the company is registered, hasn't been found yet. A man called Mr. Ken Fitzsimmons, born on June 1978, UK, is the director of the company and the only person registered.
Bix also says (I couldn't find the file unfortunately) that in this file it says:
Upon dissolution all property and rights vested in, or held in trust for, the company are deemed to be bona vacantia*, and accordingly will belong to the crown.
* bona vacantia means "ownerless goods"
So bottomline, BCC belongs to the queen, in case BCC goes down.
I think this is quite obvious, specially in the crypto, where rules are different, where there is not really an established legislation, where the community has to teach itself, learn about the space and do its own due diligence. In case you do have BCC or know someone who has BCC, make you or them just watch these videos, not because I want clicks, but because I don't want people to loose their hard earned money to the crown of england.
So stay safe and tuned. Cheers.
And here another nice post on steemit:
https://steemit.com/cryptocurrency/@debugger/who-is-the-real-owner-of-bitconnect
Links:
L7 - the cryptonuts
Join BitConnect Here - https://BitConnect.co/?ref=RTVRTV
Thank you for the great article!!
I joined Yesterday at $1010 and made $5.86 the next day (=
Just waiting until I can start reinvesting tomorrow, as the minimum amount to reinvest is $10.
Soo glad I have gotten started!
Now I just need to figure out how to make/use a spreadsheet to track and forecast my earnings (=
I, obviously, hope what you say is not true!!
(=
Donate BTC :: 1F4JMLSm6ByXBoxc1jXsSW2pMYqXn3zFAb
hehe yeah I hope so too, @rickvogt.
I have been watching a lot of clif high and others, explaining why it is a scheme. You might make money, but you have to know that others below you, using your link, might loose it because not everybody can make this insane gain without anyone being hurt.
It is totally up to you. I created a sheet on google drive where you can put in your coins (anyone you want) and see the amount of gain you made in USD or percentage. I am willing to send you a link, but only if you invest in another coin too. I don't want you to loose all your investments :)
Cheers
I had watched a lot of videos also, but a lot of these videos were also talking about the ways in which the lending platform is sustainable. That would be interesting to see the sheet on Google Drive that you mentioned. If you have the time to send me a link to it that would be great! Cheers to you! (=