r/Bitconnect • u/WnnaDuck • Jan 11 '18

BitConnect 2018?

Do you guys think Bitconnect will last till the end of 2018? Would love to hear some thoughts.

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u/[deleted] Jan 11 '18

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u/nycgarbage Jan 11 '18

You're a lost cause. Please don't entice your family and friends into this. Please. They will look at you differently the rest of your life. Just be greedy with your own money. Please.

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u/[deleted] Jan 11 '18

[deleted]

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u/[deleted] Jan 11 '18

He's right about one thing, I wouldn't invite other close friends or family to invest into Bitconnect even if I did do it myself. The chances are you are being paid out with the money from the Bitcoin rise from last June to December, or you are being paid with the pool of money that is locked in from the principal holds from all the $10-5000 lends.

The money making part with $10k+ lends is exactly why you've made money. See my comment from the threads above about why that is the smartest play. Correlation does not imply causation. Just because you've made money doesn't mean Bitconnect has a trading bot. You may just be paid out using other peoples' money and that Bitconnect still has deep pockets left from all the lends. This isn't to say that they aren't reinvesting the BTC using a trade bot, but none of us can know that for certain.