Bitconnect details and whatnot.

in #scam7 years ago (edited)

Lots of people are claiming that Bitconnect is a scam. I'm not going to try to persuade you otherwise, but merely lay out details.

Bitconnect Mining.

Bitconnect mining has a pool that you can choose to join as well as the opensource code to run it yourself.

You can download the Bitconnect wallet here.

There is also a block explorer that you can see here.

Staking Bitconnect Coin.

Bitconnect coin can be used to "Stake" or bear interest on merely holding them.

Just download the wallet, and then follow this guide to perform your staking.

Trading Bitconnect Coins.

As of writing this, I know of only 4 places to buy Bitconnect coins.

  1. Bitconnect Exchange located inside of Bitconnect's website.
  2. Coinexchange has Bitconnect coin with a current BCC/BCT volume of 10.54 BTC
  3. NovaExchange also has BCC/BCT listed with a current volume of 24.136 BTC
  4. Livecoin has BCC/BCT listed with a current volume of 44.6 BTC

I bring up these exchanges to demonstrate that you don't have to join Bitconnect to trade their coins.
Coinmarketcap has BCC in the #11 spot with a marketcap of $412,161,394

Investing/Lending Bitconnect Coins

You can choose to "Lend" your Bitconnect coins back to the market for a projected 1% daily return 7 days a week. This is the suggested return. I personally have gotten on average above 1% for the last 12 days now.

Follow this guide and make sure to note the lending chart. You can also play with the numbers on their projected calculator.

Each time you lend more bitconnect coin to the market, it's a new contract. It doesn't accumulate. You can read up on it in their FAQs page. Make sure to click on the Bitconnect Lending tab at the top of the page.

Affiliate Marketing.

Like many other great companies out there like Amazon, Amway, Melaleuca, Amsoil; Bitconnect has chosen to use the Affiliate Marketing program as a way of getting a deeper market penetration faster.

You can see their info on Affiliates here. Also, Bitconnect listens to it's critics. On July 26th, 2017, they changed their compensation plan to only pay down 7 levels in an effort to show the world that they aren't a scam.

Again, I'm not trying to persuade you, merely pointing out details.

If you have any questions, I'm happy to answer as much as I'm able. Yes I'm an affiliate of Bitconnect, but no, I'm not going to try to recruit you unless you ask about it.

Sort:  

Bitconnect is also listed in livecoin.net

I just realized that. Thank you for that correction. I'll edit the post now.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 64383.21
ETH 3098.60
USDT 1.00
SBD 3.89