Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
I dont know guys, BitConnect has been hands down the best program out there to earn extra Bitcoin. Everyone will always have their own opinion weather its a scam or ponzi but the truth of the matter is is that BitConnect is paying and its paying well. Growing at an enormous rate. BCC team working to keep development of the coin going. I personally am backing BitConnect coin. I can see major value in the future with the implementation of a BCC debit card. They have great marketing and advertisements. And obviously the best part is the lending program which pays you almost or if not more than 1% daily on your returns. Weather it truly is trading bots behind the scenes using your money to profit from Bitcoin volatility or not has yet to really be unveiled. But I gotta say if your looking to grow your Bitcoins over a mid-long term timeframe this program can help you out.
Heres my latest progress video on my BitConnect adventrue!
https://www.youtube.com/watch?v=w82pZPSdui0[/flash]
Sign up free and try it out yourself!
https://bitconnect.co/?ref=CyrptoChron
Heres my latest progress video on my BitConnect adventrue!
https://www.youtube.com/watch?v=w82pZPSdui0[/flash]
Sign up free and try it out yourself!
https://bitconnect.co/?ref=CyrptoChron
Out of curiosity, how can you simply dismiss all the evidence that it is a ponzi? Evidence is not an opinion, it is reality. Here's what I've posted before:
Who is Satao Nakamoto? He is apparently the lead developer of this platform, yet we have next to nothing on him. Not even a LinkedIn profile or even a photo of him on his Facebook. Who are the other developers?
Where is the whitepaper? Is it so proprietary that it can't be released?
Where is the money everyone is making coming from? Supposedly you make money by staking it with a "volatility bot" that makes money through some sort of algorithmic trading program. Where is the volatility program arbitraging its earnings from? What exchange is it trading on?
How is there never a loss? You make money every single day, there's never a day where you lose money.
Why do they need their own coin? You don't need a coin to run a trading bot. Especially since they claim to be trading the BTC/USD pair, they should be staking BTC not their own BCC coin.
Is there any independent information worth verifying?
Would Bitconnect allow an independent third-party financial audit from a firm like Friedman LLP who recently audited Bitfinex?
Who's the CEO of Bitconnect.
Here's Yuris Prasetya, part of Bitconnect's team: https://www.youtube.com/watch?v=EVxLbvD-734 Here he's promoting OneCoin, which was recently declared a Ponzi scheme by Indian authorities. Why should we believe he's not trying to promote a new ponzi?
The SEC recently declared all these ICOs to be regulated securities. While I am no expert on the topic, I'm pretty sure when they look into Bitconnect, and they will, enforcement actions will be coming. Alexa rankings today indicate 19.4% of users come from the US, more than any other country. Bitconnect may be located in Indonesia where they don't have jurisdiction, but there are actions that can be taken. Bitconnect.co servers are located in San Francisco. Andriod and iOS apps are marketed to US consumers. If a US based exchange wants to list a coin, the coin will have to comply with US security laws. If you want to run a pool, you will have to comply with US security law. There's no reason the SEC can't coordinate with foreign agencies to obtain compliance. There are probably far more things that can be done.
My point is, this total lack of transparency will never fly with the SEC. Once the SEC takes action against Bitconnect or even issues an advisory, it is all over.
Since day one so many people are predicting Bitconnectcoin will die a natural death and authorities will clamp this coin down it did not happen and those who predicted that, are nowhere to be found in this thread Bitconnectcoin is now heading in their 1st year and onwards to the top 5