What payouts on a $130 bitconnect loan look like

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Entriquit

Entriquit

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Hey there guys,

I see quite a few people asking if Bitconnect is actually legit and if it actually pays out what it says it pays. As far as I can see, short term, Bitconnect is definitely a profitable venture. I am not sure how long this platform will be able to run for but, as you can see from my video here I am certainly on track to make back my initial investment and much more within just a couple months.

Enjoy, I would be happy to answer any questions as well :)
 
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About 1% a day? Sounds like a bit too high. There may be more to this than meets the eye.
 
I think it's very susceptible to exit scam. Crypto world is too fast to have funds locked.
 
bartosimpsonio said:
About 1% a day? Sounds like a bit too high. There may be more to this than meets the eye.
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I agree, however the ROI is based on the price of bitcoin.
There are some days where I get as little as 0.17 % as well.

Essentially you are lending "The Bitconnect Company" your bitcoins and they are paying you back in $USD based on how much the price increases.
 
Fragmaster said:
I think it's very susceptible to exit scam. Crypto world is too fast to have funds locked.
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Can't argue with that, however I put in $130 and have already cashed out over $70 to my bank account in just about two months.

I don't think I am going to put any more in, but I am certainly going to enjoy any profits I make from it in the mean time :)
 
Entriquit said:
Can't argue with that, however I put in $130 and have already cashed out over $70 to my bank account in just about two months.

I don't think I am going to put any more in, but I am certainly going to enjoy any profits I make from it in the mean time :)
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That would be smart. Remember, there won't be any warning, once cat leaves the bag, money is gone with it.
 
This coin has been hyped to the moon by youtubers who give out their affiliate links to get huge bonuses. TIP: stay away from this shit
 
Entriquit said:
Can't argue with that, however I put in $130 and have already cashed out over $70 to my bank account in just about two months.
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I've read some reports about this out on the WWW and lots of investors are skeptical. As they should be.

You're talking about a few hundred dollars here. But would you trust them with 10, 20k u$?
 
AlumniAce said:
This coin has been hyped to the moon by youtubers who give out their affiliate links to get huge bonuses. TIP: stay away from this shit
Click to expand...

I have been working on promoting this platform on several of my social media accounts as well, that it one of the reasons I find it could be so lucrative.

bartosimpsonio said:
I've read some reports about this out on the WWW and lots of investors are skeptical. As they should be.

You're talking about a few hundred dollars here. But would you trust them with 10, 20k u$?
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Probably not, as with crypto in general I like to not put all my eggs in one basket...
 
I wish you luck! Hope you'll get your money back along with some profits before they bail out.
 
Bitconnect is literally a scam, anyone promoting this for affiliate commissions is just scum...
 
Well if you compare NEO and GAS as dividends, they offer you 8% yearly.
Bitconnect offers 90%-400% per year. If it was legit, they would borrow money from the bank instead of victims ahem users.
Their trade bot - "volatility software" is a big lie. Their only proof is being honest so far, which means nothing. I made a specific trading bot for myself, and it certainly CANT scale. There is no way i would ever share it, sell it, or give away its profit to someone else. Shaving irregularities is finite.
 
Fair enough, thanks for all the input guys.

Honestly, I wouldn't doubt everything you guys have said is true, I more so made this for documentary purposes so other can follow along and actually see what happens first hand without risking anything themselves.

Cheers
 
the whole idea comes from users borrowing on Facebook groups .

I see it then went to Bitcoin know this company running a loaning business.

it legit but also doggy

the problem is, if the person that leant the cash go bust, or no cash to pay , unless your setup with insurance and legally connected who cover your arse.

say I lend 20k thinking I'll get 21k in a week on a 1% intreast over a week .

but the person just goes and don't care paying back , I lose cash or is the company going to pay me, I don't think so ....

you might be scamming them and the person that took your cash might be your mate and split the difference when you receive the 20k ...

won't work all I say..(( be very carefull))
 
It's a ponzi scheme, but it is still pretty new. Getting in fast and hard on a new ponzi scheme will make you money, trying to stay with it long term will burn you bad. I got in on it early and already cashed out, so I'm happy. Who knows how long it will last, it could collapse tomorrow, or it could last a couple of years more. That is the risk involved, and deciding on that is what makes investments hard to do. Essentially it is a gamble, and the odds are in bitconnect's favor.
 
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