Why are all soundbites balanced in audio except for these? I'll sleep watching an episode and then here we are at 4AM with Bitconnect being screamed at triple volume. Just why?
So many people called bitconnect a scam and a ponzi, why did they do that. Were they afraid? Did Mastercard/Bilderberg/Soros make sure to shut down Bitconnect because it was a threat to BTC?
Is that why Roy Murphy went over to BSV instead, to continue the good fight against these bad actors?
Hello everyone,
I am in the crypto space since may (glorious time to hop in) and have been amazed by its subculture. I like its ethos, the way of thinking, acting and sharing experiences among us. I also like its memes!
Some of them are really tired and lazy (looking at you "buy high sell low"), but some Crypto memes are just gems to me.
I am a simple meme and I will chose a simple meme: Carlos, the Bitconnect guy! I really love this meme because it is an extremely powerful demonstration of the dangers of shilling. He seems so sure about his future gains... What did I learn: with enough shilling, everyone can end up absolutely convinced that their token is the best on earth (and we all know which communities suffer the most from this phenomenon). Every time I buy something I ask myself: "Am I being the Carlos of this token?".
So, what is your favorite crypto meme and what did you learn from it?
I push back the feeling of having missed out all the time because truth is that I had an impulsive personality at times and I probably would of lost all my money in shitcoins or the scam BCC..
I hear of veterans here say that some of their 2017 bags never went back in the green and I would be in that train except that in 2017 I would have tossed all my savings into crypto.. I've learnt patience since then.
So my point is, don't worry about MAYBE having missed out... hindsight is always 20/20 and comparison is the thief of happiness.
You are all here now, aren't you? So find joy in that.
If Bitconnect would come out today it would head straight to the Top 10 on CMC. Their mistake was being too early. The performance of Carlos Matos would be enough to keep them going if it was today. No one would care about it being a scam or not.
Just look at Squid Game even after the rugpull it's still being traded with like 60 million daily volume. With the rise of Dogecoin at the start of this year we are full of dogcoins and eloncoins with each millions in marketcap. Amplified by the Shiba Inu bullrun we have now 800 kind of Inu tokens. There is a coin called HarryPotterObamaSonic10Inu that has 6 million marketcap for god's sake. So at this point i am surprised no one restarted Bitconnect it will be a smash hit. Maybe even call it Bitconnect Inu. (Just don't forget to send me an airdrop).
Edit: Before i get attacked by different kinds of Inu holders. I am not saying your coin shouldn't exists. This is more about how different Bitconnect feels now. I am not judging anyone.
There's another "beloved" token that suffered the same fate: it was still traded/pumped after the exit scam (or, in this case, the 'final dump'). It was Bitconnect.
https://preview.redd.it/n39y3stfzfx71.png?width=943&format=png&auto=webp&s=04650a172d2e26b74a1f4d3ee77b0185bfcff4cc
- Bitconnect originally crashed over 90% from January 5th 2018 to January 15th 2018.
- Bitconnect 'shut down lending operations' in January 16th 2018.
- The Bitconnect token price pumped 50% from January 16th to January 17th, and only reached the price of the initial crash again a few days later on January 19th.
- Even though all this happened, the token was still listed in a few markets/exchanges and people were still trading. I remember reading a few comments in reddit about people buying because it's a price of history (and, indeed, it is/was. I'm sure if the tokens were converted/minted into NFT's that shit would pump like crazy even today. People love their fucking memes and hey hey heeeeeeeeeeeeeey is a great one).
- People traded the Bitconnect token until - August 2018 when it was finally delisted from the final exchange
- Conclusions: Lot of people just want a part of history, granted a few cultists might still belive Carlos Matos (hey hey heeeeey guy) will revive Bitconnect ^((even though he was also a victim)).
^(PS: If you have a few BCC tokens find a way to make them into NFT's and don't forget to tip me a few thousands when you make money on it lol)
I've been following this sub for a while because I've always been so interested in the cult like mentality around certain scams. I have read through the archived bitconnect sub multiple times over the years, but now Im wondering if there was a similar sub to SafemoonInvesting but for bitconnect? A sub that discussed the state of bitconnect before it's collapse from an outside the cult perspective.
Now that it is apparent Shitcoins that literally get rug pulled can still surge in value, I now think it is time to buy the greatest shitcoin of all time: BITCONNNNNNNNNNNNNNNNNNNNNNNNNNECT!!!
Unfortunately, Coinmarketcap doesn't list any markets selling Bitconnect. Can someone help me throw away my money and tell me where I can buy? I'm sure it will 100000000x from here and I do plan on dumping in my life savings. Projects with no trading volume for 4 years and no clear way to buy always moon right?
Alot of people including me are posting whatever advice fits.
Seems like everyone is on the FOMO price only goes up Train.
Everything looks good on a green run like this.
Confirmation bias sets in and anything that remotely resembles a negative view will be eliminated like a youngling at the Jedi temple.
What does this spell? Alot of emotion at play, where logical decisions take a back seat and taking a day to think about buying is now considered a lifetime.
Even Bitconnect is up......
https://ycharts.com/indicators/bitconnect_price
It's probably a bogus chart but maybe it isn't
The largest BitConnect "whale" holds ~590,000 BCC, which amounts to roughly 5.23% of the total supply. Back in December of 2017 this was worth $270M and now, unless we see some miraculous comeback, it is completely worthless
Gains can come quickly, but can evaporate suddenly too. In less than a week BCC went from ~$460 to $20. Not too long later it went to <$1
Have an exit plan and don't be afraid to execute it. It's almost impossible to time the top exactly, but at the end of the day profits are profits
As funny as that sounds, I'm sure people got shilled into it after hearing him talk about financially independently and his wife not believing in him.
We all like Carlos matos because he didn't know what the hell he was doing. He probably struggled most of his life earning income, and got excited.
But I'm sure somewhere within $2Billion defrauded from it that at least 100 people got excited after seeing how excited Carlos was and said what the hell...he seems like an honest guy...give me $10,000
Is Scheels are probably directly responsible for over $1,000,000 dollars being lost. 😆
I mourn my 2017/18 losses, I had over 3 BTC in Bitconnect and they are gone, some HEY HEY HEY BITCONEEEEECT guy is driving a lambo and I have..... well, *not* 3 BTC and no lambo. I have so little I can barely make anything from staking.
I read there are people who will get back cash from Mt. Gox, congrats to them!
But if only there would be some recovery plan for people scammed by Bitconnect. I only bought the stupid token when it was in the top 5 , I actually mistaked it for BNB, which I wanted. I never even looked at the insane yield percentages. Guess what I'd have around 1500 BNB if I hadn't bought Bitconnect instead of Binance Coin.
What is the legal status of this Bitconnect trainwreck? If only I could even get back 0.1 BTC I 'd be happy. FML. Seriously, F M L. :-(
