How I lost my entire college fund in BITCONNECT

I am currently living on $22 dollars a day, and now 2 weeks behind on rent. This is the story of how I ended up where I am. I first heard of Bitconnect through a friend, we'll call him Jim. Jim was making hundreds of dollars daily through the platform and crypto in general. I had been given 20k for living costs/partial tuition payments by my family. Life was good. Although I knew I'd plunge into debts because of tuition fees, things aren't as bad as they are now. Perhaps the most crippling thing about this scam was it's aggressive affiliate marketing strategy. While Jim was out making hundreds, my money sat in the bank doing nothing whilst I worked as a waiter part time. So I decided to ask him about it. Jim told me about the trading bot and all. Now I know you guys are going to be like " It's was so obvious that it was a scam, It was too good to be true". There was no hard evidence it was a scam, there were general statements that it was a scam however it was devoid of ANY evidence that it was a ponzi scheme because they made us made us believe it was a legitimate company with all these events in Asia, and the mass promotion of the site by affiliates that made the dream seem deal. IT WAS FEASIBLE , if you consider the volatility of bitcoin, the mass amount that was traded ( even with slippage) it could still work. It was feasible that it could produce such large sums of money daily, maybe not forever, but in the current market it seemed possible.

(cont.)

Other urls found in this thread:

youtu.be/MQCLH8vvt6E
twitter.com/AnonBabble

He was actually getting paid out and highly recommended the site. Thats the problem with these sites, they don't promote the platform by themselves through adverts ... Its the people closest to you who was telling you and your peers to invest. Users of the site are doing the marketing. Its a spineless strategy that hurts entire communities. All promotors have to do is convince one person. And that one person who believes tells the people who trust him and they all invest. And thats exactly what I did. I admit I got greedy... On Dec 7 I put in 16k, everything I had. The lock-in period wasn't too long and I intended to perform the 60/60 strategy to maximise profit. I was earning an Average of $200 daily and I was living the dream. I could afford to spend more and I didn't have to work part-time because I took out enough from my daily interest to sustain me as I reinvested( not exactly 60/60 but The best thing I could afford). It was a month of Bliss. I had referred others. I felt like I was helping people be more financially independent. In total I had only referred 2 people, however each person took out a 10k loan. One sold their car to go into this. by the time I had my second referral put in It was 2018 already. The was about 2 weeks were they were earning some money and we all went out a lot because we thought we could afford it.

(cont.)

Me, Jim and my other two friends were living the high life we were worry free and we maintained a positive attitude because the sponsorship system brought us together and we were able to ignore the FUD as a group. During the cease and desist and Ddos attack we had faith that the platform would pull through like they always did. The night before the shutdown we were out partying. I met probably the hottest girl I had seen in my entire existence, I was telling her how I was a crypto entrepreneur and stuff( yes I was acting like a wanker), but she seemed impressed. Bitconnect gave me so much belief in myself, I had the courage to speak to this beautiful woman knowing I was financially able to support another person as well as myself. We exchanged contact details during the party then parted ways after a night of meaningful talks, hookups and talks about the future. I woke up the next morning with that smug look on my face. The kind of look you give when you feel at your best in a super cocky way. I felt like the Leo Decaprio, in The Wolf of Wall Street. Here was this cheeky kid meeting beautiful women, partying hard, succeeding and having his friends succeed alongside him.

(cont.)

As i did routinely, I'd check my lending wallet balance so I could withdraw some and put it in the bank. Halfway through loading the webpage, the groupchat goes off. An article from one of my friends. The end of lending had come. Worried and but reluctant that I was reimbursed in my wallet I proceeded to send them to an exchange. But I was late to the party. Within hours the price had dropped from $400 to $12. Not only had I been screwed by Bitconnect. I was screwed by the market. But more importantly I was screwed by Jim, my close friend. And I had convinced others to lend over 20k in total. I haven't seen or heard from Jim since, He decided to dropout after his girlfriend broke up with him and go work fulltime instead. Am I as guilty as those who promoted to the masses online? My friends feel cheated, Like I had deceived them for commissions. In the end Bitconnect was able to steal over 1 billion dollars in investor's money as well as ruin the lives of 1.5 million of it's users. Were we all simply a tool to allure others into getting scammed. I'm working two jobs now, one for rent and food. And other for tuition.

(cont.)

There are many people suffering out there because of the damage Bitconnect has done. But there are many In this very community that have profited massively from the shortcomings of people like myself and my peers. I'm on a major budget, $5 bucks is enough for a box of noodles that could feed the 3 of us for about 2 days. I know begging is not allowed in this subreddit, so I won't. But if you have profited substantially from this ponzi scheme I urge you to do the right thing and reimburse the newer investors( the people) whose money that was stolen and given to you by the platform due to the nature of the ponzi scheme. It doesn't have to be me, but if you wish to do so please indicate in the comments below. I hope you all learn from the mistake I made. NEVER put all your eggs in one basket. and NEVER tell your friends to place their eggs in the same basket as your own. My last hope is for BCC to moon.

Tldr

I'm a nigger.

who the fuck goes to vegas and throws their life savings on black? idiot.

Consider yourself lucky to have learned this lesson as cheaply as you did. Some lost much more. Now stop being a faggot.

This has the potential to be an excellent copypasta OP but you need to tighten it up a bit.

...

The world is not anymore the way it used to be.

Mmmmhhmmm mmmhmmm no no no.

Bitconeeeeeeeect

Nice job Tyrone. There's always basketball

Wasa wasa wasa wasa wasa wasa wasaaaaa

Bitconeeeeeeeect!!!


^OP, does this seem legit to you?

Thanks for sharing this awesome glorious exciting life event with us.

Can you post your Blockfolio?

This dude sounds like a massive prick, great to hear that he crashed and burned. I suppose the universe tends to work out as it should.

youtu.be/MQCLH8vvt6E

>hmm.. This guy really makes some good points.

The audacity of you fucking retards. You come here sharing tips and analysis of crypto, when it's just a roll of the fucking dice. You're like a sad old booze hound that thinks he's got a great method for winning the coin slots. You all think you're Jordan Belfort. If you weren't £1000 deep in crypto by 2014 you're a fucking victim. If you haven't already lost most of your money, you're going to at one point. Even the photos you post of your "14k portfolio", you're not kidding anyone. Spend 10k, up 4k one day, down 4k the next. This should not be a business and finance thread it should be a help thread for problem gamblers. You're fucking pathetic. You're lazy. You have nothing going in in life. That's why you choose crypto currency. You're all too lazy to invest in real business ventures. Take me for example, a real entrepreneur. I've been buying and selling cars since I was 17. It's paid my bills for 6 years. Just this morning I bought a "spares or repairs" listing for £150. Got it running after a quick reference of the hanes manual and an hour on YouTube. Same car, similar age and millage are selling for £4500 on autotrader. Night just sell it for £4000, for a quick sale. Even if I buy a car that is truly fucked, it still has scrap value, real physical value. What do you have? Nothing. Ive also put the deposit on a car that cost 3300 but will sell for 5000 easily. And all that took was 15 mins looking for a good deal. Last year I used only £8000 to buy my uncle a van and tolls for his landscaping business, for which I'm getting £1200 per month cash for zero effort. No sleepless nights. No spending hours each day following trends (100% pointless task) and now I'm looking to buy a small piece of low grade land for forestry operations. You idiots really have no idea about business or finance. I hope bitcoin crashes to 1k most of you fucking hang yourself. Worthless posers.

That story got to me bro, whats your eth address?

Why would bitconnect moon lol

Good you deserved it.

googled it and the key was an example used in a guide. try harder, faggot.

Will copy - just in case you lose it ofc.

Get on my level bitch I need 5 dollars a day
Feels comfy living in a shittier country (the big and cold one)

Just bought 100k

He Knew.

>"no hard evidence it was a scam"

1% returns a day

>"he was actually getting paid out"

classic ponzi strat

>"bitconnect gave me so much belief in myself"

typical Amway shilling, but at least Amcor leaves you with a room full of washing detergent

>"financially support myself and another person"

With $16k net worth in loans? lol

>last hope is for BCC to moon

Wake the fuckup.

Invest in Dec and was living the high life? Sorry to say but thats not how you stay rich.

Oh btw, it was known in Dec that it was going to crash and burn and then they pulled the bitconnect x ICO hahaha how stupid can people get

Kek'd. How did you not see it? You thought it was legit? mmmm mmmm NO NO NO BEEEHCONNEEEEEEEEEEEC

nice b8m8

>Not only had I been screwed by Bitconnect. I was screwed by the market. But more importantly I was screwed by Jim, my close friend. And I had convinced others to lend over 20k in total. I haven't seen or heard from Jim since
You screwed yourself. Unfortunately you are a little itty bitty tiny college child that knows nothing of the world. You have had everything given to him and never had to lift a finger. And now you tried to be a willy willy big boy and wager mommy and daddies college fund on virtual internet meme currency that anyone in the business that was worth a damn said was a scam. And, well, of course, its everyone elses fault but your own. Big. Fucking. Surprise. You are a peasant. You will always be a peasant. You should remember that everyday that you turn wrenches on some other guys dream.

The sun was shining the day Bitconnect fell. And you losing that money was the species evolving. Shucking off its dead waste.

Guys can't you read ?
It's a reddit post op posted here, he's just sharing,not larping or pretending it's him.

Your brain are so fucked by iphones and porn you don't even have the patience to read a thread before posting.

I have the patience to put my dick in your mouth.

Tell em jim, so you're telling me I can just buy cheap rekt cars, read manuals, fix em and make more than 6x the initial investment with no qualification?
Fuark, what else can I do

>There was no hard evidence it was a scam, there were general statements that it was a scam however it was devoid of ANY evidence that it was a ponzi scheme

Guaranteed 1% daily returns?

Where is this bot that they claim was real?

Extraordinary claims require extraordinary evidence

Don't bother. Looks like he copypastad it from reddit. Hence the "Begging is not allowed in this subreddit" he said.

>I know begging is not allowed in this subreddit, so I won't.

faggot