How come even sophisticated investors caught up in the scam Veeky Forums? Is there a broader lesson here for the follies of mankind?
>LOST $30,000 IN LOANS IN BITCONNECT 2018
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BITCONNECT
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Il take the b8
>sophisticated investor
>nigger
>black guy
>sophisticate
pick one man
These desu.
dam why did he take out 30k worth of loans. how does this even happen?
>take out a payday loan and put it in a ponzi scheme
>sophisticated
i'm surprised he can tie his shoes
i feel bad for this dude
he had only been researching cryptos for a month and he put 30k worth of loans into it
hes definitely stupid as fuck, but dam man
>not only too stupid to realize BCC was a scam
>but so stupid he gets a loan for it
oh boy.
BITGONEEEEEEEEECT
i feel evil for giggling at this
this isn't circlejerk downvotey hugbox you fucking retard.
go back.
In the video he said it was his 30k savings
I took out a payday loan to buy link at 16 cents. 1 month later I was up 7x
gtfo
my secret club
This can happen to anyone fellas. Dont forget this is a ponzi from top to bottom.
see
No it can't, because my initial investment was 200 dollars.
All he had to do was just buy bitcoin and leave it alone.
The only black people in crypto who did not buy BitConnect are the ones who live in white neighborhoods.
Yeah in all seriousness he's an absolute imbecile. In a libertarian utopia he'd have gotten fleeced and rightfully so. Zero sympathy.
Losing your gains also counts as losing unless your time is worth literally negatives
Man this plebbit crowd is the absolute worst, I've noticed a major difference on just the past few days alone. People needing to be literally spoonfed how to get on an exchange to buy something.
I jack off to 2d girls in my free time
of course my time is worth nothing
I feel bad for the guy. He seems like a normal dude that just wanted to make some interest on his savings, which is a perfectly reasonable thing to do. He wasn't parading himself on twitter/youtube as a genius crypto investor or calling himself something stupid like TheCryptoKingWizard - he was just a normal dude looking to make some interest on his savings.
Feelsbadman.
We need more /pol/ on Veeky Forums. It's the only defense we have against plebbits and females
>earn $30,000 via side jobs / self-emplyed
>invest in bitconnect, it goes to $0
>end of the year, owe the gov taxes on the $30,000 you earned
I just feel for the dude. I daytrade this shit and even thought I have made my initial investment tenfold with little effort, it still stings when I make the wrong call and lose out on some gains.
I can't even imagine losing real work savings in the blink of an eye but then again, they should not invest what they are not willing to lose forever.
And the loan providers were up 10x
>research crypto for a month
>don't have the brain capacity to realize when something sounds good to be true
>follow through with a $20,000 loan
>feeling sorry for dumb people making dumb decisions
>savings
Nigga took out a loan.
The thing is, crypto IS too good to be true. We are used to this shit but 10x gains in a month is not normal in the real world.
If you bet ALL your savings on a crypto you deserve to get fucked, dont spend more than you can afford
If negros are shilling something then stay away.
That includes TRX
HEY HEY HEY WASSA WASSA WASSSSSSSSSAAAAAAAAA
Shhhhhhiiiiieeeeet mayn
Then don't invest like an absolute buttfuck re tard. Yeah I bet he's gonna have a lot of buyers remorse as are all the other retards who bought in, and this is one more step towards regulation if FBI/SEC get involved because people are too stupid to make financial decisions in this market
did bitconnect only market this to black people? seems like only black people invested in this
This guy took his video down, but he lost $20k from Bitconnect. He was completely stunned from the video so much so he tried acting normal. It probably hit him pretty hard by now.
That's true as well. These guys can ruin this shit for all of us for being carelss.
>feeling sorry for dumb people making dumb decisions
I guess I do. Again if this guy was a cunt on social media or being an annoying normie flaunting his crypto wealth, then sure, fuck him.
I think so, I legit never even heard of it until it all crashed. Granted I've only been into cryptos since november but still. Never even heard of it. Scam companies only try to target suckers.
It's why spam and scam emails are riddle with misspellings and links that look like they'll give you a virus. It's supposed to scare off any reasonable person, so that only really dumb people who will buy into the scam. Basically if you're so dumb you don't notice all the spelling and grammar errors then you are also so dumb you'll agree to wire money
racial IQ differences aren't just a meme you know
>hit me up in the comments man. tell me what to do
Bitconnect appealed to the normal MLM crowd. If you look up conventions for MLM industrys, youll see a ton of women and minoritys because they can rely more on social networks for sales because of being in more tight knit communitys or having large social networks (women).
Now that is a smart investment
Thanks, just bought 100k
ppl new to crypto are the ones who got scammed in the end, there were so many ppl on youtube (who clearly understood it's a scam) giving their name and face behind it, giving away referral codes
kek
absolutely this.
...
I hope you guys realize that nobody that lived through and experienced the crash of 1929 is still alive to tell us about it. You were taught in your AP History class that people jumped off buildings and killed themselves, people tried to sell their Ford cars for $50. Generations come and go, and history repeats itself.
We're not at the top of this bubble yet, but when it blows apart we're going to relive a modern version of 1929 all over again.
edgy
>We're not at the top of this bubble yet, but when it blows apart we're going to relive a modern version of 1929 all over again.
No we wont faggot
>Sophisticated
You spelled domesticated wrong
I actually feel bad for this guy. Hes one of thousands of normies who got tricked and robbed. this guy had savings and had the drive to invest, and now hes lost it all and wont ever get to again
>man it's a shame that teenager died, he had a car, and he had the drive to be a nascar driver, really sad he hit that pole.
I can't get enough of these bitconnect stories.
GET THE FUCK OUT OF MY Veeky Forums YOU REDDIT KIKE NORMIE
REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>works for grubhub
>$30k in savings
He said savings and that he gave it out as loans on bitconnect.
Regardless, I doubt a bank would loan him $30k. Did he tell them he was going to get rich from a new alt coin?
Probably lost $3k at most
fucking hell can't stop laughing here
Legit someone is going to get shot over this sometime soon, screencap this
Hey hey hey
Wassu wasu wassu
They can't afford the plane tickets to china to do the shooting
If the guy is self-employed shouldn't he be paying taxes quarterly?
Do you feel sorry for me because i dropped out of highschool and stayed a neet for 4 years?
You shouldn`t. I screwed up as did that guy and no excuse will take away the fact that i wasted 4 years of my life on my own while most people around me did better.
>I doubt a bank would loan him $30k.
Why? If he just pays back 300$ a month it would be a 10 year loan with loads of extra interest on it.
>implying the mouthbreathers dumb enough to put their money into this is smart enough to track down anyone
Jesus fucking Christ you reddit faggots need to leave
Desperate people make desperate decisions.
is he likely to pay it back if he loses it all tho
No he didn't watch the video
He had 30k in the bank and he lent it to bitconnect
I wonder what happened to the Veeky Forumsraeli that got so sick of crypto back in November he took his 17k of bitcoin and locked it up in Bitconnect
Who takes a 30k loan to buy a crypto?
AHHAHAHAHAHAAHHAHAH
>U no u no i had mah money u no i said u no and u know what they say u no i made interest on money everyday man u no so I said whay nat man u no so I put all muh money in bitconnect u no wut wuz ay thenken i dunno watafak imma gun do mang this shit is cray man i think im dreaming right nao man bittconnect fucken scam motherfucka man ay didnt make no monie
spit on it
Rhymes with trigger
>nigger who put himself in debt to invest in a meme coin
>sophisticated investor
SHIIEEEETTTT MAYNNN MAH MONIE ALL GONE SHIT MANN MOTHERFUCKA BITCUNNEK MANG NO FAIR
Holy shit man I laughed for a good while but damn this guy fucked up
I think this guy seems suicidal.
focus on winning instead of peoples loses
u guys will never be rich
this guy is too stupid to be investing his money
its sad but its the harsh reality
the dumb ones get skimmed
Niggers finally feel what it's like to have a 3rd party take your money and give it to someone else? About fucking time.
B I T C O N N E C T T T T T T T T T ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! !
The only thing I feel bad about is that dumb normies invest in shitcoins I’m not invested in and their dumb money doesn’t go to me.
Fucking niggers
>if you want to recoup your losses from bitconnect, sign up in this new lending platform called automatix.top, put me as your upline:orlandoz, they are paying 5% DAILY
ahahahahahhah
don't be like this, i know you can do better user
A nigger can get burned, but a nigger will never learn.
>is he likely to pay it back if he loses it all tho
Yes. The bank can just sieze the mans car or any other property that he owns
NOT A PONZI SCHEME GUYS THIS IS AN INVERTED FUNNEL ON THEIR FUCKING PAYOUT STRUCTURE PAGE.
...
The social safety net makes both situations incomparable. Nogs on welfare live better lives than 99% of the American population of 1929, and even if they waste all their money the government checks won't stop coming.
Now, when the real economy collapses under the weight of exponential derivatives and dysgenic demographics camouflaged for gdp inflation purposes... That's when you're going to feel the heat.
Anyone have any more beeeconneeec vids?
>username: LoveTrustCare
Not exactly the BEEETCONREEKT video, but a perfect parody of a classic:
youtube.com
hOW THE FUCK DO YOU TAKE OUT 30K IN FUCKING LOANS
GOD DAMN
>dysgenic demographics
another West Hunt reader?
he didn't take out 30k in loans, he took out 30k in savings and "loaned" it out (to bitconnect)
this guy lost 12k.
youtube.com
Oh, still an idiot.
does anyone have the screenshot of the woman who thought she would have a bcc retirement fund but after it crashed just commented "i'm so sad"