BitConnect is an open source decentralized peer-to-peer platform that allows people to store and invest their wealth and even earn a substantial interest on their investment.
A scam is a dishonest way to make money by deceiving people, but does BitConnect fit the criteria to be a labeled a scam? Some agree that it is a scam and some do not. In this article I will provide my opinion on why I think BitConnect hits the grey area and give my final decision towards the end of this article.
Disclaimer:
This is not financial advice and I am not an expert or responsible for any loses on your part.
I already know this article is going to spark a lot of tension no mater what I say, but to the haters out there, I'm open to any suggestions/ feedback or criticism in the comments section below. Okay, so let's get started!
I want to love BitConnect like a fat kid loves cake, but there are so many questions that need to be addressed. Sure, I tried posting my comments on numerous YouTube videos only to be ignored. So, I'll post them here instead and hopefully somebody knowledgeable will be able to answer them.
| Flags: | Prove: |
|---|---|
| Grammar & Spelling | |
| Promises of guaranteed income | |
| YouTube videos claiming it's a scam |
Based on the red flags mentioned above, I declare BitConnect a scam until I see strong evidence otherwise. Don't be discouraged BitConnect, investors. I'm still open to what you have to say. If anything I love being proved wrong, but for now...
BitConnect is a
Thank you for your time and have a great day!
Sources:
https://bitconnect.co
