Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
by
bitChipper
on 26/01/2018, 17:12:56 UTC
The reason I posted on this thread was that people like you kept saying bitconnect 'collapsed' when it is blatantly false. They profited hugely from the lending and were not in any financial troubles. So they didn't 'collapse' in the way most people think and could have carried on fine if it wasn't for all the 'scam' complaints and getting authorities interested. They never scammed anyone before they were forced to close the lending and still paid everyone back their loans early at the 15 day average market price.

Of course the scammers profited, that's the point of the scam. But they didn't pay everyone back. Worthless made-up tokens are worthless. They should have paid back those dollars that they promised - should be easy since they were not in financial trouble? But they didn't. Therefore scam. Authorities tend to be interested in large scams.

Authorities are interested and the class action lawsuit that was filled in florida is a good start but i highly doubt any justice will be served here. Maybe some of the big youtube promoters will get slapped on the wrist with something but thats probably it.

Unfortunately in the end the people who will be punished is the hardworking people who took money out of their savings to try and get in on some of this "bitcoin boom" stuff and were mislead by greedy/irresponsible promoters who got them to invest through their ref link...shame shame shammmeee on the promoters of this!