What payouts on a $130 bitconnect loan look like

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BotMastah said:
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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I think the person borrowing the cash is the winner especially if it huge like 20k and don't bother paying back ...

what can they do cry
 
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BotMastah said:
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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Very well put.. :)
 
And the other one. Damn I can't remember the name of it. I'll edit if I remember.

It is most certainly a scam. I'm 90% sure they've been reinvesting the bitcoins they made in the early holding period.

What do you think the chances are of an exit scam?
 
I mentioned this before. The only way the business model works is when BTC increases more than BitConnect.

When it goes down, they either pay out of their pocket (possible for a few months) or run off.

Either is just as possible as the other.
 
MikeyMikey13 said:
What do you think the chances are of an exit scam?
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This downturn has already lasted 6 days. In a few more days we'll know if the payments for the past week happened or not. My guess is they won't happen.

elavmunretea said:
When it goes down, they either pay out of their pocket (possible for a few months) or run off.
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Exactly. I don't think a single penny will come out of their wallets. But we'll know for sure soon enough.
 
bartosimpsonio said:
Exactly. I don't think a single penny will come out of their wallets. But we'll know for sure soon enough.
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I think it will for the beginning. I mean chances are that Bitcoin will recover, at least somewhat, and they will have already made enough money from their past x months of operation to cover a 20% loss for months.

By paying people out in this (probably) short dip, they will appear trustworthy, so people don’t doubt them the next time, when they may actually run away.

- What I’m saying is, if they are smart scammers they will not run off right yet because that will cost them money in the long run.

Really, the only time Bitconnect investors make money is when Bitcoin dips/ increases at a slower rate than Bitconnect. So far, this has never been the case over a long enough period to justify investing in Bitconnect so if they don’t pay out at the first sign of problems they will lose it all.
 
I see youtuber promote that shit. I wonder what gonna happen to them after bitconnect shutdown lol.
 
Anything that has the staged talks with lights and music to get everyone pumped is just a ponzi scheme, cult, or both. Just preying on the masses who are looking for someone to give them all the answers to life.
 
Well the daily interests is still high,and i don't they will exit scam before their coin price goes below 10$,that its when they can actually run out of their money.They disabled mining and the other way expect buying from btc is by POS(Proof of Stake),that means they now control most of their coins.
What is the point anyway to quit when their coin is worth 300$ ?

p.s : i have invested 100$ to test the system .
 
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A friend told me to get into bitconnet and PayDiamond where you pay from $200 to $1000+ then you wait one month to get $10 for week :confused:
 
I think that they're pretty rad

Btw this is not a parody, it happened on one of their events.
 
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