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BitConnect Review

15

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Terrible

Revainrating 2 out of 5  
Rating 
1.9
Crypto Projects

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Global ratings 15
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Type of review

As the search process progressed, researchers and new clients have already reported major disasters to join an agency like BitConnect. After customers quit the platform and stopped using their wallets, they already know that the order has become a “big tear” category for the public. It is unknown at this time what he will do after leaving the post. The company has created a lot of customers who are giving up hope. Manny cryptocurrency customers have bought most of the currencies there to make a

Pros
  • There is no definite advantage to writing about this issue.
  • Protocol with supervision or mediation.
  • The task is to offer customers a very good return on investment.
  • Allows you to make payments on cryptocurrencies.
  • At the beginning of this issue, he was able to make a lot of money because of the juicy prizes offered by many people.
Cons
  • Most of the customers went bankrupt after investing.
  • This cryptocurrency misplaced 100% of its value during the week.

Revainrating 1 out of 5

A project doomed to failure that many people didn't notice at first

the world of cryptocurrencies is characterized by being very volatile and constantly changing. This is something that veterans and experts in the area know very well, but there are always new investors and inexperienced users who are not very clear about it and may be future victims of scams. There is a long list of unscrupulous people and companies, who take advantage of this fact and offer services and products that can be very tentative, and cause you to invest in them One of the most popul

Pros
  • Many people during the beginning of this project were able to earn a lo of money due to the juicy rewards they offered
Cons
  • it was clearly a system that was going to fall, due to the enormous sums of money that they offered and that soon they would not be able to pay
  • this project scammed millions of people around the world who lost all their savings
  • When the pyramid system began to collapse, they blamed governments and banks for doubting its reliability and closed operations without warning.
  • Due to the euphoria over the profits that were being made, most of the people did not notice that they did not even have a white paper

Revainrating 2 out of 5

The best administration of the last five years.

There became no manner to combat to get their assets returned. Experts remotely bear in mind this paintings at a positive distance. Plus, I'm new to this pockets with new clients who don't think about the scenario. Now there might be no cut-off instances and no guarantees from voters. I took a deep breath and found out that there has been no specialised reduction inside the threat to preserve song of probabilities within the evolved cash range. This plan monitors the rate of careers; at the…

Pros
  • The business has been closed, abandoned and has not been cut off since it was greeted as a fraud.
  • At the beginning of this issue, one or two people could get serious cash because of the ad-closing fixes.
Cons
  • The organization no longer exists. I have not been able to go to the group since they left the organization, and I am not close to the people who will be relocated to me.
  • This digital currency has consistently lost 100% of its value.
  • He handed over a ton of guarantees to his followers and lost a ton of people.

Revainrating 4 out of 5

Customers, just like me, consider this issue questionable.

As the investigation cycle progressed, pioneers and new customers learned beforehand about the immense catastrophe that would join an organization like BitConnect. After customers left the stage and started using their wallets, many realized that the issue was openly called a "big scam." They have really dominated the issue of persuading a large number of honest customers to submit to the case, and in a short time, the frames have affected 1,000,000 disasters, leading to a variety of issues…

Pros
  • At the beginning of this issue, many people could make a lot of money because of the awards they advertised.
Cons
  • It was, of course, the framework he was planning to collapse because of the enormous cash he offered and the inability to pay it off immediately.

The plan for this project is being supplied on a credit program. Of course, the profitability of this project is not very high. BCC also has funds installed on this platform that went to the accounts of tax havens. In real time, this is an extremely important scam in the world of cryptocurrencies and blockchains. This plan has a technical document, a roadmap, or the actual data of the entire plan. The highest profitability - more per year depending on the invested funds. Like me, users were…

Pros
  • No positive factors.
Cons
  • High profitability.
  • The cryptocurrency has tarnished.

Revainrating 1 out of 5

A company with low incomes.

The project has already learned about the huge disaster that will join an organization like BitConnect. As their customers leave the stage and begin to use their wallets, many are forced to realize that the company has been branded as a free big trick. The beginning of this has been a significant disaster in sources that have taken into account the capital of several customers. Therefore, at first it was unsatisfactory for the organization to grow so fast, but after some issues with the…

Pros
  • Bitconnect had the biggest ICO trick. With more than $ 2.6 billion in revenue, there will be a lot of noise in the ears of financial backers.
Cons
  • There is a false business model.
  • He made too many promises to his financial supporters and many people lost their lives.

Revainrating 1 out of 5

Not an existing any more, stay off.

Bitconnect was a project designed to beautiful the financial lives of people willing to develpe their lives on cryptocurrency. The project brought Soo many promises which made so many investors find intrest in the project. It actually brought a drastic loss in the system, making huge loss of funds, creating a lot of drama between user's and the developers of the platform. So many users lost millions using this platform, it was such a pity that a crypto platform will make users regret using a…

Pros
  • No good advantage to write about this project.
Cons
  • Created so many losses.
  • Losses of assets.
  • Does not exist anymore.

Revainrating 1 out of 5

Project was abandoned, nothing good about bitconnect.

in the beginning the bitconnect project started as a platform that will change the living of people around the world, creating a chance to improve investment of users time's two or more of what they might have invested. The down fall of this great project started when the developers created a trading bot promising the user 500% of what ever they put in. Manny cryptocurrency users sold most of there currencys to make sure they participate in the wonderful profit th y where to make if they try…

Pros
  • The project made promises to give users a good profit after investing.
Cons
  • Left so many users broke after investing.
  • A big scam and treat to people.

Revainrating 1 out of 5

Perhaps one of the Biggest Scams of the last Five Years

As soon as the researching process advanced, explorers and new users already informed of the big disaster that would be joining a company like BitConnect. Many already know this project was publicly labelled like "a big scam" since them their customers started to leave the platform and stopped using the wallet. The origin of all this was a major loss in assets that implied the capital of several users. In the beginning, it was not clear how the company grew up so rapidly, but after some issues

Pros
  • This project has not positive highlights as was closed, abandoned, and marked as a fake source.
Cons
  • After several issues in both the page and the product, the company was declared a big scam. There were many loses in assets that made possible its transition to the black-list for this company.
  • Users were highly affected by some millionaire loses. They never received any income, or chance to recover their savings.
  • The company does not exist anymore. The team cannot be reached since they left the company, and there are not public accesses were to contact them.
  • It was finally marked as a scam just a year ago. In 2020, many worldwide researchers started to make more global the case.

Revainrating 3 out of 5

BitConnect: Generate passive income safely

When investing in cryptocurrencies we look for the safest and most profitable options that the foreign exchange market offers us. In this sense; BitConnect offers its holders the ability to passively generate income by keeping their cryptocurrencies in their wallet. BitConnect is a cryptographic platform whose currency is identified with the acronym BCC. Utilities: • This digital asset guarantees its owners to obtain a return on the funds stored in the platform's wallet, in such a way that…

Pros
  • It is a protocol without custody or intermediaries
  • It allows to generate passive income
  • Allows you to make payments in cryptocurrencies
Cons
  • It has no disadvantages

Revainrating 1 out of 5

A major ICO scam that went down Crypto history

While setting up my review on the Bitconnect client wallet, I went knee deep in research about the Bitconnect project BCC and was able to uncover the biggest ICO scam in the history of cryptocurrencies. The project which started off with a successful ICO went into the business of building a Ponzi scheme to fool people into investing in it's BCC coin. The whitepaper usually accompanied with a crypto project was not made available and it's use cases were just so unrealistic to say the least with

Pros
  • Promised high investment yield and am sure some investors caught wind of the price value before it's crash
Cons
  • Bitconnect had the largest ICO scam in history. With over $2.6 Billion stolen, it's sure will be a major ringer tingling in the ears of investors
  • Had a false referral pyramid scheme
  • Made a lot of false promises to investors and many fell victims to

Revainrating 1 out of 5

Ponzi scam exit 2018.

This is a scam project, your asset was 100% backed by its loan program and high return on interest, basically you would invest a thousand dollars and in ten years you would have approximately 96 million. BCC is a clear example of a planned ponzi structure, the money wagered on this platform went to accounts located in tax havens, the money will never be returned. This is currently the most significant SCAM in the world of cryptocurrencies and blockchain. * This project raised 468 BTC in its…

Pros
  • No positives to consider.
Cons
  • High interest yield in a short time.
  • Highly volatile.
  • This cryptocurrency lost 100% of its value in weeks.
  • The exchange and developers handled the entire volume.
  • Obvious errors on your loan site.
  • many people lost their life savings.

Revainrating 1 out of 5

Read this to avoid another Ponzi

Let's say we are before bitconnect ico Why is Bitconnect Scam ? - Investment SchemeA little bit of common sense and a look at the Bitconnect offer to understand that it is a scam. - Bitconnect offered an interest rate of up to 40% per month, an average of 27.6%, which is a totally impossible number for any legal and honest business, including investing in cryptocurrencies. - 40% per month offers only Ponzi schemes (HYIPs), which work to make profits from new deposits until the system…

Pros
  • PONZI SCAM
Cons
  • NONE

Revainrating 2 out of 5

Bitconnect the biggest ponzi scheme ever

The main purpose of the Bitconnect is to take the Bitcoin of the user and convert it into the Bitconnect coin. This allowed the user to carry out the transactions with the BCC from the account wallet and earn a certain amount of interest. Thus the main agenda with which the Bitconnect was launched was to get the Bitcoin of the users. This helped the users to earn extra profit from the profits which they made from investing the Bitcoins. The value of the investment increased with the increase

Pros
  • Bitconnect network has been secured during the time of its existence. Many hackers have tried to hack the system but no significant effect has been recorded. It had a high level of security.
Cons
  • It was not suggested to invest in the Bitconnect network because it suspected by many of being a Ponzi scheme. Just like the other cryptocurrencies, the Bitconnect also has its shares of risk involved. The major risk which can be associated with the Bitconnect network is the risk of losing the investment. This loss of investment probably occurs when there is a decrease in the risk of the mining profit. This can also happen when the exchange rate decreases.
  • Even though the Bitconnect network has ensured the users of the authenticity of the security system, it has not been able to avoid the risk of hacking by the cyber-crimes. The lack of the back up of the assets is also considered a challenge because the future behavior of the coin was quite impossible with regards to the increase and decrease in the value.

Bitconnect was an exchange platform that allowed its users to exchange their Bitcoin for the Bitconnect Coin (BCC). With the promise of extremely high returns and the refer-a-friend “Ponzi scheme” tactic they had launched, it’s not hard to see why the project would end up being a SCAM all along. As if that wasn’t suspicious enough, they also ran their own lending program in which BCC holders could lend their coins to other members and theoretically earn interest. As such, the platform would…

Pros
  • The Bitconnect SCAM is the biggest and most well known Ponzi scheme in cryptocurrency history. In just over a year, the ‘project’ managed to propel itself from an obscure ICO to a crypto project valued at a staggering $2.6 billion. Fast forward an additional 8 months and Bitconnect has managed to get itself delisted from every single cryptocurrency exchange. This has made the BCC token effectively worthless and given BCC token holders a 100% loss.
Cons
  • No official website available, Description of the project is very vague. Team members are anonymous. Nobody could use the coin for actual payments. Promising unreasonably high return on investment without any concrete idea or rigorous plan.