Review on BitConnect by Joseph Bello
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 using the platform. They actually succeeded in convincing many innocent users to fall for there trick and without lasting for a long period of time the system started developing different issues, like major loss of assets, they where affected like a million loss and had no chance of retrieving anything from the platform. I researched deeply into it and find out the white paper was not available to verify it sustainability in the cryptocurrency community. The has recently shot down it's activity, leaving Lifes of users who invested there all in it hopeless, this platform has seized from existing
The project was declared a big scam, the platform letter rebrands it's name to fool innocent people for the second time but it failed. The news spread around every social media platforms, warning to stay of the project, but before that the damages made was much. People should try and stay out of project like this one, sometimes it's hard to detect, but you should make your research very well before going into an investment.
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.
