Quote from: bitChipper on October 20, 2017, 08:50:57 PM

Quote from: KLN_IT on October 20, 2017, 03:26:06 AM

Can someone with valid proof please explain how this is a ponzi scheme? Do we need to look up the definition of ponzi scheme here? I've been getting paid daily, I've had no issues, I've had zero problems. I guess getting paid daily is a problem. Most of the haters are probably people who don't have money to invest. Where else can you make 140% ROI? Plus you get your initial investment back. You want to buy coins and sit around daily waiting on the next big news to move your coin, go ahead. Time is money, bitconnect pays daily. Reinvest or buy more crypto daily from the profits generated. It's really simple. Better yet, transfer your earnings to a bitpay card and live off bitconnect. Its actually a pretty nice life really!

I pity and emphasize for you, and for your sake I hope you don't get burned. When i first got into crypto i was really delusional about a lot of things too. (nothing personal) but i understand how exciting and emotional it can get when you start making money so easily.

Yes you have been getting paid daily and have no problems yet, but im telling you MT.GOX, CRYTSY, MINTPAL.....the days leading up everyone felt the same way you did...then WAM...no withdraws, no support money basically gone. You cant understand that because it hasn't happened to you yet!!

Ask yourself this, if bitconnect is really sooo good and the investment opportunity of a lifetime then why aren't the real bitcoin whales and gurus talking about it and investing in it??

Here's my take. They have either the most profitable bot known to man or they have no bot. Without a bot they are making a fortune. What they have set up is a platform where you purchase BCC directly from their exchange which controls 95% of all volume. People are purchasing BCC for loans, and giving it DIRECTLY to the company. This is putting constant buy pressure on the coin increasing its value. After 299 days the constant buy pressure increases the value and then they give you back USD reaping the rewards for the appreciation in market value that is created on their exchange along with the fees of trades on exchange. they ARE MAKING A FORTUNE! When there is an equilibrium reached between the amount of money being removed from the platform vs the amount being put in by referrals, Bitconnect WILL CASH OUT. It will be epic in a terrible way for some