Quote from: Wawaji on November 11, 2017, 03:54:33 PM

Quote from: K1dkyle on November 11, 2017, 08:51:04 AM

haters and lovers of Bitconnect i still think there is money to be made on this

85 Days to get your money back on the largest loan, a lot less if someone signs up under you, for you will get get 5% on every loan or 3% and then 2% on anyone under them.

less than a month ago we all watched the Bitconnect team splash out Millions on cars and gifts plus doing the event. And there own card comes live on the 1st December

If they thought it was close to exploding they would not have done the event.

i can't see the company going under atm, there is just too much money to be made for everyone

And with the new findings about the company now being a PLC well that just helps all the fence sitters to jump over and join in.

You're very naive, they do all of this to mask investigations from the government. Pozi schemes usually find ways to justify its users investiments. For example:

1) Pay people with other people's money = ponzi = investigations and arrest of the people behind it.

2) "Sell" a product to people so they can sell this product to others and thus receive money = masked ponzi = investigations take longer and usually the owners get away with it.

The bitconnect coin, loan, card are simply things to justify the people's investiments. What is really making them money is that the price of the coin is rising and lots of people are getting into this ponzi. Let's say someone put 2k dollars into Bitconnect:

1) They receive close to 100 coins

2) The price of the coin rises by 200% in the following three months

3) The investor receives 2k dollars after three months

4) Bitconnect owners get 2k times 3 minus 2k = 4k dollars

So, when the price of Bitconnect stops rising at this huge ratio, the owners will disappear with everything.

Exactly how does the price of a coin quit rising when the controllers of the coin manipulate its price on its own exchange?

"Check out my YouTube channel where I prove that compound interest works with Bitconnect. I put in the minimum of U$100 because as you see I'm on a fix income. Every day I earn approximately 1% which I reinvest, adding to my initial capital of U$100 where I can't withdraw if for 299 days. After three year, I will request my fortune which will be released to me 299 days later. That's a lot of potatoes a new pair of Adidas."