You are viewing a single comment's thread from:

RE: any body has GOOD info on bitconnect ?? !

in #bitcoin7 years ago

It is 100% a scam. It's a classic Ponzi scheme / HYIP. Early investors get paid, but the problem arises when too many people attempt to redeem for Bitcoin. The scammers have no intention of paying out Bitcoin, so the whole thing will collapse. Bitconnect has no corporate information, seems to be started out of Thailand. There are no govt. authorities to bail out those who will eventually lose money.

Sort:  

thanks for the reply !
sorry for the late response i was out of the internet world for a bit :)