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RE: Just came across more BitConnect experiments that display that something smells fishy
Thanks for pointing that line out. You are totally right. Loans make money for the people who loan money to other people. I wanted to say that its difficult to make money by getting a loan unless the interest rate it very very low, but that does not apply to this situation. So i deleted that.
BC is that it is a great affiliate/referral pyramid program, that unfortunately claims to trade using a trading robot that makes 1 % per day! So i guess they are either lying, or James Simons gave them his quant black box code, which they obviously improved!