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RE: Proof Bitconnect's Bot it Going Broke!

in #bitconnect7 years ago

@charlestines.com , you are a very patient individual. In my experience, it is almost impossible to overcome the juggernaut of Faith-based investing such as the type being perpetrated by Bitconnect. When I get exasperated by this topic (daily) I like to remind folks that less than 10 years ago, the same type of people who are "investing" in Bitconnect firmly believed that a $50,000 per year salary was sufficient to carry an $800,000 mortgage. Because the bank wouldn't approve them otherwise.

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I like that comparison and thank you for the compliment. I don't know if I am patient or just like hitting my head against a wall haha. I have had people say it wouldn't be around this long if it was a Ponzi and it would be this big or look I got paid out. Seems like the same logic as 2008. I once had a family member get involved in the ZeekRewards Ponzi. This person told me for months that it was a good idea. After about 6 months my better judgement disappeared and I decided to listen to this authority figure/family member. I had to pay a $100 fee right away then wait for my $900 fee to get transferred. Fortunately the SEC shut it down the next day saving my $900. It was one of the best $100 lessons I could have asked for. I did go blow that money on a nice bicycle that I enjoy very much and call my Zeek Bike. It serves as a great reminder to only invest in what you understand and to be willing to stand against the herd.