Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
bitconnect-worldwide
on 25/08/2017, 04:59:44 UTC
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.

who says they are done??
bitconnect token already passing all these other shit coins like eos and the rest of this crap

bitconnect will be back up in a few minutes and back to business

dont panic cause of some weirdos running their mouth here on the forum that have no idea what they talking about