Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
badpeanut
on 16/08/2017, 14:16:20 UTC
there are many factors that make it possible to believe that bitconnect isnt a ponzi

bitconnect has its own blockchain, the price of bitconnect token is going to the moon

those are just 2 things that make it easy to believe that it is possible for them to pay out a small interest of 1% daily

if the core devs just keep selling token it is possible to pay out 1% a day and again look at the volatility and the rise of 90% of altcoins over the past year makes it even more believeable that it is possible

and as far as a ponzi-  every business out there uses money from sales to pay off merchants thats just how business works

if you run a business and you sell something you probably make some kind of deal with a wholeseller that you pay him back after you sold your product- thats just common practice for most businesses - that means everything would be a ponzi



You cant give xxx percent guaranteed on trading bots, nobody can do that. Thats the whole reason everyone knows its a ponzi. Look at some banks, they give guarantee interest if you put money in their bank. Very small percent, they say its garantuee  so they give end of the year garantuee. You know why banks can do that? Because they give out loans for higher percent so they can back it up. You ever read about long term savings for 10+ years that has included trading volatility that banks can give out 5 to 15% interest? They will always say its depends on the market so they never put in the contract you can make garantuee 5 to 15% interest/gain. You can even lose money they will tell you.
Bitconnect is another case. How the hell can someone predict 100% the market?

Please ask yourself "if tomorrow the market collapse, do they  still garantuee to give you that percent? If they can then its money from elsewhere and not from trading. Thats means ponzi