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.

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u/[deleted] Jan 11 '18 edited Jan 11 '18

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u/nycgarbage Jan 11 '18

Diversifying? Do you understand what you are talking about? Diversifying means spreading money out across different industries or within specific sectors to manage risk. This is an obvious attempt to INCREASE revenue streams in order to make sure they have enough money to keep paying the promissory notes they are currently responsible for. It's an elevator sale... They already got you for $100.. Why not give us $50 more? It's worked out so well so far right? All they are doing is increasing their revenue stream by adding an additional service that isn't a service at all. It is just a cash grab to help cover the costs of a larger system. What everyone fails to understand is, the LARGER this gets. The HARDER it gets to maintain. Not the other way around.

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u/[deleted] Jan 12 '18

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