Quote from: jravago on Today at 04:35:41 AM
Quote from: denking on Today at 04:33:20 AM
If everythink come back at 150usd some we get rich with this ... lots of buyer at 25usd on Nova
I just bought couple of coins. I have to scramble to get some BTC and buy cheap BCC. We all going to be rich!!!!. I bought around 0.005
Fuck the coins! Simply give BitConnect U$100 where at 1% interest compounded daily equates to U$5B+ in ONLY five years. Afterward, exit BitConnect before everybody else does so to get your initial U$100 back and you'll be golden. Now that's rich! Oh, and don't forget to upload a YouTube video depicting your excellent experience with BitConnect where you'll make even more money off the millions of views through Google AdSense.
Gleb I know you posted about this a lot and I probably haven't read most of the earlier posts but bitconnect always advertised variable interest up to 40% per month. I already showed how sustainable it is so that they can take profits during up days to pay for the down days. They were actually profiting from the lending system and not losing money, simply from the growth of the coin value. If the growth slowed they would have accumulated funds as a reserve. They also had lots of BCC coins reserved too gaining lots of interest. The affiliate program was actually paid for by the staking interest built into the coin since lenders have to give this growth up to bitconnect so bitconnect can use this to pay affliates. I'm probably not making it very clear but they didn't have a bad business model in my view and it didn't necessarily involve talking money from new investors. You seem happy about their possible closure but what about people who have invested? There was no reason for them to close while they were making genuine profits from the coin demand.