I have a question:
I receive my daily interests in $ right? But what about my initial investment?
Will I get back in $ or BCC?
They give you the dollar amount back....which IS ACTUALLY LESS than the BCC amount so that's why I'm saying it isn't a Ponzi at the moment. It's like you give a company a bitcoin and they give you less, how can that be a Ponzi? When you lend, the BCC generates it's own 8% a month profit too for bitconnect and you give that growth up too. That is what is paying the affiliates. While the price is going up they are not losing any money paying back any investors. They should be keeping a strong reserve of profits to try and keep the price stable but eventually the coin will probably crash but that doesn't mean the people lending need to lose out as they are supposed to have no risk.
If they had this magical volatility trading bot, why do they want/need people to lend them money when they could use their own money for it and be the richest in the world in under 4 years time and have all the money in the entire world within 6-8 years? With a initial 100,000$ investment and 1% daily compounded interest rate they could run it up to:
3,7$ million within a year
142$ million within 2 years
5.4$ billion within 3 years
203$ billion within 4 years
7.7$ trillion within 5 years
290$ trillion within 6 years
11$ quadrillion within 7 years
415$ quadrillion within 8 years
15.7$ quantillion within 9 years
592$ quantillion within 10 years
http://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php