Review on BitConnect by José A Rodríguez
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 with users themselves, the truth came to light.
Then, the project went down from a valuable company to maintain the platform of a millionaire lose. And their users, who were the first ones affected also lost everything. Tokens were never recovered. They didn't have the chance of fighting for a way of obtaining their holdings back. With time everything passes away, but researchers still remember this project with certain distancing. And this is what I recommend new users who don't know about the status of this wallet. It is not available anymore, and it is not going to be recovered by any trustworthy provider. So keep your distance, even when there are not channels to get affected by it.
In conclusion, the advice has been placed down. It's time for users to start exploring deeply about those that do not promote anything good for the cryptocurrency market. In the other hand, this company had so much to learn. It's a pity it ended that way.
Note: The wallet was disconnected just a year ago. This scam was detected a free some issues on the platform where users started to inform others of their loses.
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.
