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RE: Scam Alert: Is This The Most Well Put Together Bitcoin Scam Site Yet or The First Legitimate ICO/Trading/Passive Earning Site?
JetCoin, GladiaCoin, GlobalCryptoBot, Empowerment Coin, ECOIN, BitGrow, Royal Dragon Traders, MasterCoinPlus & BitCoin's Brain
@crypto2day whats your feeling on BitConnect lending and how does it differ from these "ponzis"?
you forgot Sii Global and USI-Tech lol
i don't see bit connect as a scam in my personal opinion, but we don't know.
At first glance someone may think so but after further investigating and talking to people in other countries, I gathered information that led me to believe otherwise.
You don't have to use their site to "lend" to earn. you can make an account for free and join a mining pool to simply mine their coins.
You can also just watch their coin and buy and sell that to make profits in BTC.
They have had charity events and meet-ups in other countries, and they do not guarantee you any type of daily return. You normally do get an interest payment on your investment daily, but it ranges from 0% to under 2% and is completely based on the change in price of bitcoin for that day.
The only thing the site guarantees is to give you your investment back after said amount of days if you had invested into their lending program.
My family in Vietnam confirmed that they have an office there and have had those events.
Bitconnect has desktop clients for pc, mac, and linux, as well as applications in the google play store and app store. if it is a scam site it is the most well played out scam site that there has been.
Your average interest payout is similar to what a mining contract of a similar amount lended would be, but again, sometimes your interest payout is $1 or nothing.
The only sites that I 100% have faith in are Genesis-mining.com, hashflare.io, and hashing24.com.