RE: Why I Don't Do Affiliate Marketing
Anyone claims that you cant pull btc out of bitconnect is false
and you can buy and sell bitconnect on many exchanges like novaexchange or any others listed here
https://coinmarketcap.com/currencies/bitconnect/#markets
10 seconds of research and you coulda known this obvious fact but you were so quick to believe lies spread by jealous people who dont get how bitconnect could grow to #13 biggest cryptocurrency at nearly $1 billion dollar marketcap....and a volatility trading bot is too hard to believe ....but see the bitconnect token price increase is where the money comes from and BCC just as worthy of a coin as any other to go up in price....people don't have ANY evidence BCC is a scam....it just games the system, uses bitcoin and BCC price increase to pay dollar payouts! its a decentralized company, dont be upset that they found a great way to grow their own Proof Of Stake blockchain with MLM affiliate marketing to make a lot of money!
those BCC tokens really are bought and sold for that $110+ price across multiple exchanges
bitconnect hasn't scammed anyone that I know of! its very misunderstood but tell me, how does a scam get to #13 on coinmarketcap?
maybe im wrong but BCC would get an award for most elaborate crypto scam ever, maybe scam level rivaling the Federal Reserve! lol XD
no hard feelings good comment, and @libertyteeth is onto something
Here's the way I look at bitconnect. It's more of a risky play vs. a cryptos that have better use case. No one knows exactly how they apply their system to make a profit, but it's certainly quite possibly that they have trading bots that can leverage the volatility. There are big traders in the ES Mini's that sophisticated trading software. This is well known among day traders. So it's not out of the question that they have a legitimate system. If they are borrowing from their investors and making a profit from system trading then sharing a portion of their profit, then they could keep going for a very long time.
I do feel like its more of a high risk, high reward compared to other cryptos. Trading software often does very well in volatile markets, but not so well in sideways markets. So a change in market dynamics could eventually leave people holding the bag. The early adopters have and will make good money. As long as you are aware of that fact, then more power to you. There are people dumping money into complete garbage ICO's compared to Bitconnect.
ya and if people wanna go after BCC why not go after the federal reserve lol now thats a scam!
yes u nailed it
Maybe a better question to ask - and I'd like to get a simple answer to - is this:
If I bought $1,000 of both BitCoin & BitConnect (coins, loans, whatever) and then I waited for 299 days - which one would be the better investment to have made?
Is there anyone out there who has posted an easy answer to this question? @libertyteeth may have answered it in his long article - but I got tired about 1/2-way through the article trying to figure out the answer. Somebody could have just said... what the answer is. I don't have time to research every coin out there - so I tend to just stay clear of the ones which seem to have some controversy and concern surrounding them - like BitConnect. There are plenty of other coins out there doing as well, or better - and they have a better reputation.