I just loathe to see history interpreted & rewritten by survivors who risked nothing. Its easy to call defeated humans war criminals. For all i know there was a bot, and owners were JFK'd, by the same group that sank the titanic to insert the Federal Reserve under the ribs of western civilization.
These "survivors" risked nothing because they saw that this was a scam a year ago. They have been warning everyone who would listen that it was a scam. History isn't being rewritten. Today's history is the same as the future they were predicting for a year now. Obvious Ponzi is obvious.
What's the percent return of BTC sprinting from $2k to 20k then back to 10k? 1% a day is not surprising. A lot of home based server bot users claim more % daily.
Going from 1k to 10k in a year is 0.633% per day. Going from 1k to 20k in a year is 0.824% per day.
Bitcoin isn't a Ponzi. There's no Bitcoin company promising daily returns, paying them for a while and eventually failing to pay out the promised returns. Anyone who promises to pay 0.25% per day in USD value is lying to you. BitConnect can try to argue that they paid everyone back, but they paid them back in a token that dropped 90% in value before most people could exchange it for anything useful. The USD value of people's "investments" shrunk instead of growing as promised.
Do you see the difference? Bitcoin doesn't promise anyone that they will make a positive return. BitConnect's lending platform did.
How much scamming can this company do?
They can keep scamming you as long as you keep giving them money.