Is Bitconnect A Good Investment?

[M3Intelligence]

Has anyone here heard of Bitconnect or is currently using it?

[Darren Olander]

It appears to be a ponzi.

[market101]

First rule:  If you are going to invest in bitcoin or anything for that matter, make sure you do not invest more than you can afford to lose.  If you have doubts, don't do it?  As far as bitcoins go, I invested a small amount with "coinbase", over a year ago.  So far so good    I do not know the owners.  Keep in mind if something is a  well run ponzi scheme, it could go on for quite awhile.

[rpsmith]

I have been wondering about bitconnect myself. I have seen their ads appearing nearly everywhere I surf nowadays. Have wanted to invest till now. Got burned more than once in these, now I am twice as leary of them.

[Glen Palo]

The Texas State Securities Board issued a cease-and-desist order to BitConnect on 4 January 2018. Basically, BitConnect is a ponzi scheme.

[jackchun]

Bitconnect now disappeared, just as expected !!

[rpsmith]

As I always try to say. Do your due diligence. Most of the time, you can tell a scam because they promise you the world with no work. I think most people still need to educate themselves more on bitcoin before getting into it.

[market101]

As I always try to say. Do your due diligence. Most of the time, you can tell a scam because they promise you the world with no work. I think most people still need to educate themselves more on bitcoin before getting into it.

 

Yes.  We all need to educate ourselves more.  BTW, If getting involved for free is an option, I suggest you do that first.  You can always upgrade after you are more comfortable with the process.  You know that old saying, "Don't put all of your eggs in one basket" ?  Seems to be good advice.  Instead of investing a lot in one program, why not invest a little in several programs.

[rpsmith]

Yes.  We all need to educate ourselves more.  BTW, If getting involved for free is an option, I suggest you do that first.  You can always upgrade after you are more comfortable with the process.  You know that old saying, "Don't put all of your eggs in one basket" ?  Seems to be good advice.  Instead of investing a lot in one program, why not invest a little in several programs.

 

While I agree with you on the idea of starting for free, I have noted that some scam sites offer free memberships but make them so unattractive that upgrading is the only way to make any real money. I see this alot with the new wave of bitcoin/altcoin miners that seem to be flooding the net these days.

[weblord]

latest news about it i guess

https://www.coindesk.com/fbi-seeking-potential-victims-of-bitconnect-to-assist-investigation

 

im late

[Sincharde]

I have seen this Platform online but never join it. Too bad it is gone.

[Darren Olander]

I have seen this Platform online but never join it. Too bad it is gone.

 

It is good it is gone, it was a clear ponzi like many of us stated when it started.

[weblord]

i like the way they present like in a genuine program they offer it for free and you have the option to stay free and earn some commissions but choose to upgrade to earn more commissions.

While I agree with you on the idea of starting for free, I have noted that some scam sites offer free memberships but make them so unattractive that upgrading is the only way to make any real money. I see this alot with the new wave of bitcoin/altcoin miners that seem to be flooding the net these days.