Come play with crytocurrency with me. Its called bitconnect. Theres a couple of tiers, and 100 gets you in the first. Loan your 100 bucks, you get interest. Reinvest your interest @ 10 dollar intervals, and you should make close to 900 bucks in 299 days.

Heres how it works: https://www.youtube.com/watch?v=FG_XKPga7iY

Heres my referral: https://bitconnect.co/?ref=holycow131415

Heres my Coinbase referral to buy bitcoin so that you can buy bitconnect coin(BCC). We both will get 10 bucks: https://www.coinbase.com/.../59dc30d49e702400deb16d90

Heres how to work the bitconnect site once you have your BCC: https://youtu.be/L6ioE1Bujo4?t=31m36s

If you need help, feel free to reach out to me. Make sure you buy about 110 USD in bitcoin bc sites take a fee, and you need at least 100 to make it into BCC. And please, do your own due diligence!

BCC had like a pyramid scheme thing going on a few years ago that didn't really work out unless you had solid referrals. Then the price of BTC skyrocketed and this became legit income. It works. Trust the man.

bonus

looks a bit ponzi-ish

this, and other videos convinced me otherwise.

https://www.youtube.com/...qEnuEvW5F073G&index=3

To hit the kind of returns you are claiming, do I need to make a certain number of referrals also, or is the $100 investment enough?

How much have you made from this scheme and how often do you get $10 to reinvest? Looking at the history of this coin it's hit a current peak, will drop a bit shortly, then will pick up again in a few months time. No chance you will make a 9x return in 9 months, at best you will double your cash.

The only winners from this would be the Pyramid Ponzi, so your referral would help you out but no one else below you. A fair way to spread the wealth would be if each person signed up, then signed up the next person... but you wouldn't get your 9x return doing that ;)

smells like a fraud so it must be fraud.

The $100 is enough. Heres a spreadsheet to help you get an idea how this works. https://bitconnectmoney.com/bitcoin-excel-spreadsheet/ In the beginning itll take about 2 weeks to get your first $10, then 13 days to get your next, then 12... etc



I myself have put in originally $470. This explanation above, and here is wiithout referrals. That makes me get $10 every 2-3 days. The more i reinvest, i will get $10 more often... then jump from reinvesting $10 to $20, 20 to 30, etc because of compound interest.

The coin is just a vessel to get your money in and out of the site. To me, tt doesnt matter what happens to the coin, unless you directly hold the coin and not "invest". But that is up to you. In the end, im not here to convince you if it is or isnt a ponzi :)

Also, I do believe it is high risk / high reward. Thats why the title says "USD you dont care about" Lol

Day trading seems to offer better results for lower risk, no? At least in my experience.

I'm lazy. That is what this site is for lol.

Hey man I wont use anything bitcoin. It's used by Evil Corp

So you live by the motto "Don't Be Evil"? Heard that ones free nowadays :P

100$ PayPal can also be used to entice people to kill for you. Its a win win.

It doesn't work when they don't like you.

If I had a 100 dollars I didn't care about, it be on some girly fluff Soviet wouldn't care about :p

That just explains the rather obvious of "if BitConnect can make a profit of x, they can distribute money to everyone" as opposed to answering how they make x, which is typically the scam.

The pyramid structure is just how they can gather more money into the scheme. Dodgy YouTube videos like this don't really help: https://www.youtube.com/watch?v=CCXFK7DVaWA

BitConnect has almost the exact same opaque structure as many financial frauds (referral fees, opaque trading platform promising high returns): https://en.wikipedia.org/wiki/WinCapita

Apparently it is quite a big scheme already, as some youtube videos seem to suggest: https://www.youtube.com/watch?v=7MeREnecIFw

Huh

cool i'll check this out.

The advantage of this scheme though for those running it is people are paying them bitcoin to join and encouraged to re-invest their BCC back into the system, why take it out when the "gains" are so good? While people are happy to flood money into it there's no need to stop, once the value of BC starts to fluctuate the creators of BCC could empty the BC wallet and crash their value of BCC, meaning everyone else will have nothing and can't sell up, and the BC spent can't be traced.

This is one of the reasons why we have departments like the FCA in the UK, but virtual currencies are a law upon themselves and the only winners of this scheme are those who get out before BCC pulls the plug.

The concept is that they use a trading bot that trades the bitcoin based on volatility of bitcoin. The interest every day actually corresponds to how bitcoin did that day. It actually has its good days, and bad days of interest.

Personally, heres what I see. I see that they should be around for at least another year. They have over 1b market cap in there own coin, and it has a block chain, miners, etc. There interest flucuates, and they have plenty of revenue streams. It would be crazy if it all disappears. Yet it could lol.

Its risky, and another important thing... its fun. People gamble against house rules all the time. I think they have worse odds than doing BCC.

So far i've made ~130 and its only been about a month! So i have about 600 bucks in the system now. I decided to just keep reinvesting what i make til the moon.

i thought this got busted.

It is, a strikeoff notice is pretty serious. There's a reason they want you locked in for a fixed period of time, enough to get other mugs to invest then cash in at the end.

But as there's no real asset, just pull the plug and it's job done! Funds gone.

Busted?

the interest rates, from what ive seen, almost always correspond to bitcoin's volatility. I've seen 0% days lol. It would also be magical to see a whole block chain worth around 500m market cap just disappear Also it changed from 1b to 500m bc they are only calcing the circulating supply of bitconnect coin now, basically self correcting.

https://youtu.be/p8CuuwlVh44?t=2m29s

https://www.youtube.com/watch?v=2EChqxy-vXc

Yes, busted. Bitconnect has 2 months to clean up its act or the UK government will be seizing assets and that's on official documentation.

https://beta.companieshouse.gov.uk/...y/10278342/filing-history

To me it looks like they went from LTD to PLC since they are so big. PLC = going on stock market soon? wowzers

https://www.youtube.com/watch?v=Ie7UJ3beGDw
https://beta.companieshouse.gov.uk/company/10948031

Also, the doc date for LTD was 7/11... if they were going anywhere they would have been gone now. Its 4 months later.

No, it's the UK. 7/11/17 = 07 Nov 2017 First Gazette notice for compulsory strike-off

Looking at the records they've set up the PLC (PLC just means public listing so shares can be sold outside and not limited to "investors", doesn't have to be on a stock market but that is what you would need to be to be listed) in an effort to reduce the risk to shareholders and pump funds into their company, again artificially inflating the price in an effort to encourage a buyout and cash out legally. The more I look into this the worse it looks.

Just FYI, in many jurisdictions, all proceeds of "criminal activity," even if you are not the criminal, can be taken by the state. So if this calls into one of those jurisdictions, your idea of hanging on for a year and then cashing out before it falls apart won't work. And yes, running a ponzi scheme that promises to trade on BitCoin and advertises false profits is criminal activity in most places.

well, what i meant is, if you are so worried about it, you can cash out your original investment by not reinvesting gains, then just play with house money with in that year your original is locked up.

also, jurisdictions can take your bitcoin away? i dont think so lol. you take your earnings, then get back to btc.

i plan to reinvest earnings for 2 years then cash out gains.

ppl take the referral picture they had and think ponzi. just recently they scaled the referral system way down. one can deduce its b/c enough ppl know about bcc now, and will prob phase it out completely.

bcc is no different than banks. ill just post these words this but ive seen this many times.
"when you are depositing your money to your Bank, you are legally lending the Bank your money? The Bank can legally do anything they want with your money just as long as they agree to pay you 2% interest per year. All Banks are running ponzi schemes by taking new lenders money and repaying back old lenders. The biggest Bank in the british parliament's USA corporation is a private company called 'Federal Reserve'. That private bank Federal Reserve have been running the biggest ponzi scheme since the year 1913. They've been printing out new money to pay for their old debts. The Federal Reserve is still running that old ponzi scheme today! Why would you lend your money to any Bank and only earn 2% in interest per year? When legally, you are obligated to be paid interest per day for lending your money (deposit) to your Bank."

im not here to convince you to change your opinions, but its good to show opinions of both sides :D one will eventually be shown to be right, and i hope its me Lol.

Btc will absolutely recover tho if you missed your chance to sell and rebuy at a lower rate you did miss out. I sold off when I heard about bitconnect and I'm riding cloud nine atm. I do have faith that the market will recover as it always does. Although I'm currently 100% divested due to current circumstances, I do play to reup my investment after the current volitility stops.

I invested when btc was $220. Made 3000% on my investment. Sometimes just paying attention and playing the odds can make you a fluff ton of money. I would, however, wait to invest until AFTER the current situation works out.

It's not the referral picture itself LittleItaly, it's the fact that they are promising returns of up to 1% per day which is completely inconceivable in almost all asset classes, and they promise to do so with some vague "trading on volatility"-strategy. I can go to the real stock markets and "trade on volatility" by buying/selling options or buying/selling the VIX or variance swaps or whatever and most likely my expected return will range from -20%->10% per year. They are different from banks in the sense that returns on lending to banks will be 1-2% per YEAR, not day.

Listen I've worked in investment banking and am doing a PhD in finance - THESE RETURNS CANNOT BE REAL.

And, yes, that is a pointless appeal to a nonexistent authority ;)

* I can make you very rich with BTC, give me your BTC and I will trade it riding the spikes with my bot - nothing wrong with that.
* I will issue you with a new coin, BCC. This is your "share" in our system, you can trade it back for BTC after a fixed locked in period - errr... not too sure about that
* I will pay you all "profits" in BCC, you can trade them for BTC but you'd make more money if you gave it back to us - right....
* I will give you even more BCC if you convince other people to give us BTC, then you can reinvest that too! - So I get my friend to give you money so you can pay me more money?

I think you need to watch more Hustle on the tellybox, common part of the scam is the "convincer" where you get a mark involved in your plan, you start off with a small operation where the mark "wins" and sees that "the system works", get them to invest big, even better if they drag their friends into it, then pull the plug.

Already you've said they are downscaling the referral system, that means the cash is going to slow down as the pyramid is getting bloated, keep the current suckers paying in for a few more months while they are locked in on their fixed term then one of the following will probably happen:

* The wallet disappears completely, file for protection like MtGox, directors are scott free with 1bn of untraceable BTC
* The value of BCC tanks against BTC once the funds dry up, all your profit gone. Directors pay out original investments (or less) but sitting pretty on their BTC nest egg.

The structure of this pyramid is akin to timeshare holiday lets when they were riding the property markets prior to the financial crash.

They dont promise 1% a day like other platforms that grabbed the cash and left, there have been low days.

They dont give you bcc as payment, they give it in $$ that you then buy back bcc with from other users that are selling it in exchanges. then you buy btc back from other users in exchanges.

they arent holding the btc either. you buy and sell to other users in the exchanges.

So, i think you guys think you are giving the bitconnect platform btc directly, when in fact you are buying and selling to users on the site to get yourself bcc.

You lend your bcc to the platform.

heres the best explanation ive found. if they run, bcc tanks, and then they lose all value in the 6million bcc they are holding on lend lol

https://www.youtube.com/watch?v=9tZsRAsnkBs

Sorry but that video cannot be more wrong.

"bitconnect has $1.5bn it can pay out to its users" errr no it doesn't, the VALUE of bitconnect is 1.5bn, but as soon as people start to cash out, the demand drops and the value drops. Do you really think they have $1.5bn worth of bitcoin under their control or cash in the bank? Do you really think Facebook as $500 BILLION sitting in its accounts because that is what the share value is worth?

The winners in this are the first to invest, then the first to cash out just before it tanks, everyone else is going to suffer hard to pay for that.

Also that video says it's paying in dollars, but it's making up another currency. You still have to transfer that dollar to BTC to get it in your wallet to then transfer it to dollar for your bank account, they are not paying you directly in dollar to your bank. This makes it more convenient to slap it back in as BCC but you think you're doing well because you've seen a "real" dollar amount.

Also, even the early investors might end up as losers if the government makes a serious attempt to track where the money went, because proceeds of a crime typically have to be given up even if you're not the criminal..

And the $1.5bn that is "in the program" is complete air because it's the value of BCC after including their fictitious returns. If enough early investors (or the creators) have cashed out and the actual returns have been 0, the entire thing might be holding close to nothing.

The US Federal Reserve System is not privately controlled. Each Reserve Bank (12 total) have a board of directors composed of 9 members. 6 Directors are appointed by the commercial banks that hold stock in their district's Reserve Bank; 3 Directors are appointed by the Board of Governors. The 7 members of the Board of Governors are in turn appointed by the President and confirmed by the US Senate. The Board of Governors serves to direct the activities of the Federal Reserve Banks on a day to day basis, while the Reserve Bank Directors serve to direct their particular bank's activities on a day to day basis. The overall policy of the Federal Reserve system, however, is set by the Federal Open Market Committee. The FOMC is composed of the Board of Governors (7 members) + the President of the Reserve Bank of New York + 4 other reserve bank presidents on a rotating basis. In effect, private banks lack the abillity to determine the operations of the Federal Reserve System on their own. However, they do provide a powerful minority voice that provides the voice of private banking with some teeth. In effect, the government can't pull too far on monetary policy to the detriment of private banking/business without risking reversal upon just 2 Governors defecting to the unified Reserve Bank Presidents; meanwhile, private banking does not have enough voting power on their own to do anything.

The Federal Reserve System exists at arms length from the rest of the federal government, but they are not without oversight. Further, the Federal Reserve System neither prints nor mints money. The US Mint (http://www.usmint.gov) is the Treasury Department agency tasked with minting coins. The US Bureau of Engraving and Printing (http://www.moneyfactory.gov) is the Treasury Department agency tasked with printing money. Incidentally, the separation of the US central bank and the US Mint/BEP acts as another layer of oversight.

i have made a phukton in cryptocurrency. however i dont believe in that referral crap LI is trying to do. u can make money much simpler by manning up and not be chicken sh!t.

decentralized is how civilization used to live until the population got too big too fast. agriculture was the first big advancement in centralized order, which in return results in people with power becoming stronger and stronger, and a majority of the population became a "slave" in some form by continuing to make money for people in power. decentralized is simply saying there is no middle man, nobody is in power. it opens the door to endless opportunity.

Angel1s post on the federal reserve is so bullcrap. the federal reserve was made by the wealthiest people in the country with one primary objective : the rich get richer, the powerful become unstoppable. all the while the rules were made to be so complex the rest of the population were kept in the dark and left clueless.

i do believe there is a cryptocurrency bubble, and it will burst/deflate eventually. when that happens, people will lose money, but isnt that the same as the stock market? the only difference is right now people are getting huge returns with very minimal chance of losing. look at the god damn charts.

Yup, I don't have an issue with crypto, the hype around countries trying to ban it just secures its futures further because it means those countries don't know how to control/track/tax it which is why the value is being pushed higher. I've made a return just sitting on BTC and not locking my funds into an alt for 6 months, now it's hit 10k I'll probably cash out and wait for the bubble, then go back in again.

mmm can i play if i already have $ in coinbase?

hmm, donny loan me $100? :P lol

Yep. Just send your bitcoin to your btc wallet in the bitconnect platform once you sign up. buy the bcc with that bitcoin to lend the bcc to the platform. https://bitconnect.co/?ref=holycow131415

Ripples and litecoin is cheap. Ive been thinking about investing in it recently. Real bitcoin is worth 9500 dollars per coin now. When it was new if you had spent 1000 dollars you would be worth somewhere in the 40 millions right now.

The question is what happens after Sunday with a listing.

As a unit of transfer, though, Bitcoins price swings are not good. Also the fact we have no real means to know the true reasons for the price swing. Hype alone doesn't seem to be it, logically. Add in that Steam has already dropped Bitcoin doesn't bode well for it. I'm guessing most people investing in it have no idea what they're doing, and those trying to use it as a means of payment (if there are any left) are going to run into real trouble soon. Maybe people would have made a lot of money if they invested early, but I'm guessing a lot of people are going to lose money once this bubble pops. Once a currency loses its stability, it loses its ability to be a currency, and that is supposedly bitcoin's primary function.

you can (or could) buy car with bitcoins and on some minor pays bc is accepted and ofcourse ransomwares accepts bcs only.

And we'll see for how long. It's basically become an investment that has no backing (like investing in Tesla) and is doomed to crash soon. "Invest in my company" "What do you sell?" "Imaginary magic beans" "Take my money!!!"

Just make sure you get out first lol

no any kind of cryptocoins here, its total pyramid scheme.

https://mic.com/...coin-right-now#.KsDsib279