Quote from: onlytemporary on December 24, 2017, 12:48:20 PM

Quote from: cvdesty on December 24, 2017, 07:13:25 AM

Quote from: longshort on December 24, 2017, 06:50:58 AM

Just like every other Ponzi in history, its not proven until everyone loses their money. You are the same as all the victims of past Ponzi's. "it works for me so cant be a scam". How many times in history does it have to happen before your realise you've been scammed?

Here's just a few reasons why you should be sh*t scared of losing your money.

- Anonymous owners - Yes Bitcoin has Satoshi Nakamoto (anon) but he doesn't have your bitcoins does he?!? Bitconnect DO have your bitcoins so they SHOULD NOT be anonymous. Why are you giving your money to people who wont show their identity!!?

- High emphasis on recruitment - All ponzi's require new people to survive. Hence the % referrals for existing member recruiting new member who bring more BTC into the wallets of the mystery BCC owners.

- Centralised - 100% centralised, unless you are one of the very minority who keep coins offline. 99% of BCC and BTC invested in Bitconnect is controlled and in possession of the Bitconnect owners. Ask yourself, if that website didnt load today, could I get my coins? No, you cant.

- Targeting the poor and inexperienced - Look around you. Anyone you see that has invested in BCC is brand new to crypto and does not fully understand what they are doing. Promoters are targeting poor countries to recruit uneducated victims. Look at google analytics and see the the top countries for yourself: https://trends.google.co.nz/trends/explore?q=bitconnect.

- Crypto geniuses call it a scam - How many blockchain prefessionals do you need to tell you its a scam? 1? 3? 10?? How many?

Vitalik Buterin, Michael Novogratz, Charlie Lee, Jameson Lopp, Erik Vorhees, Jackson Palmer. And thats just a few who have taken time out of their day to call out this centralised shitcoin.

I guess what I'm trying to say is that the EVIDENCE is common sense, along with the historic indicators of a ponzi scam. Charles Ponzi and Bernie Madoff would be proud of this one, thats for sure.

To say something is a scam is to imply the people behind it are operating with the intent to do ill will towards others. If you have no evidence to support such a claim, then you shouldn't be saying it is a scam. You can say you believe it may be a scam, however. But when you say it is a scam, the burden of proof is on you to validate your accusation against it. If you can't do that, then that makes you look like a liar.

They are running a full fledged PONZI! That right there tells you the people behind this are scammers! You will see soon enough and a lot of people are going to lose their shirts!

Time will tell. Let's see how long this platform will last and when it closes. The low price is now due only to the fall of BTC. Time will tell.