BitConnect Is Preying on New Investors
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BitConnect really seems bitconnect news december a scam. Anyone who doesn't yet agree with this should watch this video: I've been asked what I think about BitConnect. From the surface, seems like a classic ponzi scheme.
I wouldn't invest in it and wouldn't recommend anyone bitconnect news december to. While this marks the first time Lee has shared his thoughts on BitConnect, Buterin had previously expressed skepticism about the Bitcoin lending platform on other occasions.
Asked about the sustainability of its business model, which roughly offers 1-percent daily return on investments, the Ethereum founder commented that all signs seem to suggest BitConnect is running a Ponzi scheme. In fact, many speculate that neither of these UK registrations are legitimate. An alarming number of the individuals listed as stakeholders in BitConnect appear to be registered with inconsistent addresses and birth dates.
Additionally, Twitter sleuths have since confirmed bitconnect news december some of the purported stakeholders that the details behind their names are indeed not authentic. Cryptocurrency influencers had so far opted to maintain a safe distance from BitConnect and all the Ponzi talk around it, but it all but seems the situation is swiftly starting to change. As I recently argued in another piecewhen mainstream attention is finally shifting to the cryptocurrency market, every little fail could have huge repercussions for the entire market.
Another reason for bitconnect news december is that the stunning popularity of BitConnect has spawned off a number of equally fishy copycat companies, seeking to mimic the business model of the Bitcoin investment platform, but with other currencies.
A new day, a new scam, welcome to crypto Despite all the doubt surrounding BitConnect, the platform has managed to cement its position as one of the twenty leading cryptocurrencies by market bitconnect news december, according to stats from Coin Market Cap. In fact, prior to a re-calculation of its total circulating supply, BitConnect used to be among the bitconnect news december 10 biggest cryptocurrencies by market cap.
One of the ways in which the Bitcoin lending investment platform has managed to maintain its popularity is through its large network of affiliate promoters, defending the platform on YouTube and other social channels — though often without offering legitimate proof in return, other than screenshots of their earnings. Posted by Sam Capizzi bitconnect news december Tuesday, November 7, Published December 1, — December 1, — I follow this rule of thumb: Could not stop bitconnect news december at this!
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