How many of your predictions came true?
I've called out 18 Bitcoin Ponzi schemes. So far 17 of them have shut down, stealing investor coins. BitConnect is the only one that didn't shut down yet. But I'm sure it will.
and how did you come to that conclusion?
It's pretty easy. Anyone offering guaranteed daily USD interest rates of 0.25% or more without size limit is running a Ponzi. 0.25% per day compounded is 148.77% per year. They're guaranteeing to double your USD amount every 278 days, even if their "volatility software interest" is zero every day. If their software gives you 0.5% per day, you also get the bonus 0.25% per day for a total of 0.75% per day. That gives you 1429% per year, and doubles your USD every 93 days.
I'm not sure how anyone could look at BitConnect's lending program and not think that it's a Ponzi scheme. It seems to me that in order to say that it isn't a Ponzi you have to either be lying or stupid.
They can pay to investors from profit of the rise of BCC and BTC and that is without profit from a trading bot. Ponzi scheme works that you pay older investors with fresh investors, so no it's not a ponzi scheme...
Also they do not guarantee anything, they cover the losing days from the reserve fund. And since they got 300k% profit from BCC and 10k% from BTC they can pay to investors for a long long time. However they can also dissapear as nobody knows who is behind it... But so can hapen with all crypto. They can be banned by states, people won't use tham and the price will drop to 0...
This is entirely new. So you can't compare this to past schemes as it is not the same... Money is there and payments are legit. The only thing that is enigma is the trading bot.