Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
suchmoon
on 26/01/2018, 16:38:22 UTC
Well obviously the people who say the truth are often hated. So you are telling me that they are making up all the BCCX they sell each day? So even before they closed the lending they didn't received $13million each day in BTC? They are losing if they did always sell out because they are taking BCC tokens worth less than 10% of the price they are accepting for them.

You use the word "obviously" in a way that makes me think you don't know what it means.

I'm saying that we have no way of knowing what's going on with BCCX. There is no transparency whatsoever. There is no way of knowing if they are selling out or if they're selling more than $13m worth.

So when you invest in any ICO, why is that not a Ponzi if they value of the token isn't really based on the success of the company as profits are not shared (at least with most stocks there is some eventual hope of a profit share or acquisition later on but someone buying a company that issued these crypto tokens in the past does not need to buy these tokens back)? Aren't these tokens usually a zero sum game so if the price goes up there has to be losers when people sell??

Your whataboutism is getting old. Bitconnect is a proven scam. That is not going to change even if there are other scams out there. Bitconnect is the scheme that blatantly promised high returns and then collapsed. If other ICOs do the same they're scams too but why don't you go post about that in their respective threads? Keep this on topic.