BitConnect - A test case study

Discussion in 'Digital Currencies' started by Court Jester, Dec 23, 2017.

  1. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    welll unlike the obvious scam that is genesis mining that some here put money inoti decided to put $500 USD into bit connect

    unlike the suckers buying genesis mining contracts I know this is a ponzi scheme -- im betting that the bubble will collapse however after ive got my capital back -- we will see how long I can ride this gravy train for.

    Chhooooooooooooooooo choooooooooooooooooooooooooooooooooooooooooooo all aboard
     
  2. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    You've reached a whole new level.
     
  3. jerrygold

    jerrygold Active Member Silver Stacker

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    Did you get $500 for a christmas present?
     
  4. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    lol no not really ive always been on this level.

    though honestly i think this ponzi scheme is going to go on for a while longer yet.
     
  5. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    You should totally make a decent investment. $500 USD is chump change.

    I put almost $5K into Genesis and made a profit. Time for you to man up?
     
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  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    is it still making a profit? have you regained your capital back?

    $500USD is enough to test the waters with bitconnect
     
  7. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Yes, I told you about it in the other thread. Both the DASH and Monero contracts have paid for themselves. My capital is returned and I still have over a year left on both contracts.

    I would have thought that if you were going to make a big deal out of this then you'd at least have a real go. Put your money where your mouth is?
     
  8. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I have and put my money where my mouth is hence the $500 USD gamble I will also re invest the profits for a while as well.
     
  9. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    Genesis in the black after 8mths of 2 year contracts.
    I wish for you only a quicker return on your investment - look forward to your regular updates on how its progressing.
     
    Last edited: Dec 23, 2017
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  10. jerrygold

    jerrygold Active Member Silver Stacker

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    Can you briefly explain how an "obvious scam" like Genesis paid you more money than you put into it? It seems if you got scammed you should lose money not make it.
     
  11. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    I never said I got scammed Jerry, Court Jester is the one claiming it is a scam
     
  12. jerrygold

    jerrygold Active Member Silver Stacker

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    Yes I know that!
     
  13. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    it is a scam and I dont believe for one second you have gotten your initial capital back on the ETH mining contract purchase

    aka I think your fuill of bull dust.
     
  14. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    You have had others tell you the same thing CJ - you just cant handle being wrong.

    Now just to be clear CJ - I owe you nothing. Not proof, not an explanation, not even the time of day so please don't be offended with me telling you I really couldn't give two shits about you or what you think. I no longer care that you are a delusional little troll.

    Jerry, you quoted me but should be aiming your question at CJ who has been calling it a scam without being involved in it.
    Bugged out has also pulled a profit from it but CJ seems to ignore that (I cant fix CJ being stupid and ignorant, that's his deficiency to deal with)

    That's all the input I can be bothered with for this thread.
     
    Last edited: Dec 24, 2017
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  15. jerrygold

    jerrygold Active Member Silver Stacker

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    I was just being silly because you said you made a profit and he is calling it a scam.... so....
     
  16. JNS

    JNS Active Member Silver Stacker

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    Don't worry @Court Jester, i have to say you are not alone and i tested not only by water but at a deep sea. Mine is coming near to 5 digits, got 50% of my capital back and half of it i am willing to lose. If it will not shut down in next 2 months, i can sleep well without worries because the other half is done as well. There should be more bigger problem if being afraid of losing couple of hundreds rather thinking it negatively. At least there is something to watch daily.
     
  17. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    bit connect is up over 90% overnight
     
  18. JNS

    JNS Active Member Silver Stacker

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    Well strategy I learnt, should kept in BCC for a while when it was in 218$:)
     
  19. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Yes, with Bitcoin rallying suddenly the risk of exit scam in the short term has been reduced.

    Until next time...
     
  20. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    you know they dont guarantee 1% per day there are some days the interes pais is 0 so it very well could be sustainable. The only thing they guarantee is teh 0.1 - 0.25% bonus for the larger desposits.

    today for example the rate was 0.04% or 20c on my $510
     

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