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RE: Is BitConnect a Scam??? Look at this evidence & DECIDE FOR YOURSELF

in #bitcoin7 years ago (edited)

I have invested some money in BitConnect and have been getting regular interest deposits back from day one. I think the Ponzi or scam piece comes in from the MLM or referral aspect of the business. MLM and referrals get a bad rap, but the idea is to promote the business and get more people involved, not to scam people. Word of mouth is the best advertising medium of all time, so why not use referrals to build your business? And why not give people something back for referring people? Sounds logical to me.

Your investment is simply a loan, in which you make interest on. Depending on how much you loan determines when you get your loan back. Yes, you get your money back at the end of the loan term, and you keep your interest.

The biggest risk on this platform is if BitConnect pulls the plug. Which means they would need to pull the plug on their entire coin. This could happen, but I dont see it because BitConnect coin is not a shit coin, its in the top 20 in volume and challenges the top 10.

If you get in, get your money and dont be greedy this can be a good opportunity, just like anything else. To help people do this quicker I am offering to split my commissions 50/50 with my team mates so that we can all benefit, get to ROI quicker and get out if you want. Join me BitConnect

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