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RE: BitConnect Scam??? Day 38 Results
BTW, I've bookmarked this page so I can revist over time, to let other investors and lenders know what its really like as far as real world returns on $1k loans on Bitconnect's platform.
As promised is a Day 2.5 update. There's a slew of interest payments at 1.86% (plus 0.10%+ on about 83% or $1010 of the principal). You can thank AllYourCrypto for helping me format the info below as part of an article we're working on:
Total Principal invested: $1,340
Principal invested at 0.10%+/day extra: $1,010
Term Length: 239 days - $1,010 / 299 days - $200
Estimated 6 month average daily interest on 8/6/2017: 0.89%
Estimated 6 month average daily interest on 8/8/2017 for $1,010 loan: 0.99%
Referral Fees earned: $120.60
Lending fees earned (Day 2.5): yyyyyy (still calculating this part but at 0.9% to 1.96%/day)
Plus: $20 worth of BTC sign-up bonus from steemarco (and I guess for signing up & funding a couple other accounts).