There are many different views on Bitconnect. The BCC (Bitconnect coin) is in a free fall. So at least at the moment I would not recommend to invest in Bitconnect with BTC. I would not invest into Hashflare at the moment with BTC too. Because as long as BTC rises buying anyithing with BTC is not a good idea.
I already described this phenomenon in connection with steem here:
https://steemit.com/money/@mathsinnature/bitconnect-and-steem-are-heaving-the-same-trouble
Here I described why it is time to go into BTC now or stay at least in BTC at the moment:
https://steemit.com/bitcoin/@mathsinnature/it-s-time-to-get-ready-for-the-next-btc-run
But keep Bitconnect and Hashflare in mind!
One very important "currency" in cryptocurrencies is trust. Hashflare and Genesis mining (with this activation code you get 3% off: Qg8hmv) are two by many people recommended and trusted mining facilities I will definitely invest when BTC has finished the next bull run (maybe at 22000 or 25000$).
These 2 cloud mining facilities claim/pretend to mine and the user hopes to be able to withdraw the gained amount. In contrast to that Bitconnect claims to lend money in the form of BCC to other people like P2P-credits anyway do online since a few years (with advantages to both sides, just keeping out the banks).
I cannot verify that Bitconnect is doing that, but I have also never seen a proof that it is a ponzi scheme. Some people even say this about the Bitcoin.
i just know that withdrawing some BTC from Bitconnect and I made some nice profits through the falling of BTC.
I even was complaining that I missed one rise to 18000 of the BTC by investing into Bitconnect, but then BTC fell and I got payed in dollars by Bitconnect and changed that in BTC so that I will be back in the next rising stage.
But the crazy thing was that I invested 1500 dollars and got out 260$ in 3 weeks. I invested the part into BTC.
So I saved money by investing there! That's the only thing I can tell you for sure about Bitconnect.
Disclaimer: All links to Bitconnect in this article are referral links. But all stories are totally true and I am trying to give you the most objective and fair view on this topic.
Please resteem and upvote this post if you want to spread the ideas and strenghen the crypto community! If you are (once with higher prices or now) thinking about registering, please use my referrals to support my work! Thank you!
Bitconnect: https://bitconnect.co/?ref=Matm12
