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RE: Texas state securities serves Bitconnect an emergency cease & desist order

in #bitconnect7 years ago

I know everyone calls cryptos a Ponzi scheme, but I have never seen anything more Ponzi than bitconnect.

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BCC just happens to be one trying to mislead millions of crypt-enthusiats.

The thing is though the new users come like network marketing. Which makes it more like a ponzi.

For real, it seems to depend on new users

just because all cryptos are ponzi schemes doesn't mean you can get rich off them if you time it right! hahaha, I don't care!

All crypto's are not ponzi schemes. The majority of new crypto's use Tokens in the same way traders traditionally used Stocks. When you invest in viable crypto's you are investing in the company and the tech they provide. The government dislikes this because it takes money away from the brokers and overpaid hedgefund managers on Wall Street. People can do their own research buy into a company all from their computer. With no limit on trades.

Not all cryptos are ponzi! BCC is for sure tho!

i been trying to find out exactly what make them a scam artist but i can't seem to find 1 person who lost money in the process! if you do know one please let us know . thanks.

It's a network marketing scheme

What does that even mean? I'm confused

You can read an article about network marketing here: https://www.entrepreneur.com/encyclopedia/network-marketing

Well not for sure, just extremely likely. Who knows, Maybe they really have have the god bot and were the stupid ones. lol