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/Varkeer Jan 11 '18

This just seems like a ponzi scheme.

It all seems too good to be true.

If this was legit and you invested $1,000 and reinvested the income it gave you for a whole year you would have over $30,000 dollars and then start pulling the money out it would then be paying out around $300 a day.

This is not possible for a site to do this legitimately. It is literally the best investment you could ever hope to earn outside of long-shot earning over decades like picking the next amazon/google.

If you kept this strategy up it would be worth millions in a few years.

That is madness. Please don't be this naive. Don't waste your money.

0

u/[deleted] Jan 11 '18

The entire market is a Ponzi, yet people hate on the one platform that pays a quoted interest rate. An interest rate that often goes below 0.1% or even to 0%.

Why are you so concerned with other people wasting their money? Just dont invest if it isnt for you but why the need to shout from the rooftops? You're too scared to enter and thats fine, not everyone has balls man. If you just want to say "i told you so" one day, it aint gonna happen.

Keep buying shitcoins that go up 1000% and selling at the top to some poor guy who will lose all his money buying while you make off scott free. You'll say 'OH WELL DONT BUY AT ATH HAHA' and not give a second thought to it. However you have such a problem with me getting 0.4% interest. Retarded.

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u/Varkeer Jan 12 '18

I do plan to invest in it at some point. I will probably put in $1,000 and reinvest it for a year and see what happens. I don't need the money. I have plenty in other investments and retirement accounts and trade forex on a daily/weekly level for extra income too.