Tag Archives: lending

BitConnect is shutting down its lending and exchange platform

BitConnect is shutting down its lending and exchange platform Following months of red flags, Bitcoin investment platform BitConnect – which has long been suspected of running a Ponzi scheme – has officially announced its platform is shutting down In a blog post – titled “Changes coming for the Bitconnect [sic] system – Halt of lending and exchange platform” – released on its official website, the company said that is “closing the Bitconnect [sic] lending and exchange platform

” The website has since gone down The statement goes on to suggest that BitConnect will now operate solely “for wallet service, news and educational purposes “We are closing the lending operation immediately with the release of all outstanding loans,” the statement read “With release of your entire active loan in the lending wallet we are transferring all your lending wallet balance to your BitConnect wallet balance at 36362 USD [sic]

” This rate has been calculated based on last 15 days averages of the closing price registered on coinmarketcapcom,” it continued “You are free to withdraw your BitConnect coin currently in QT wallets that was used for staking as well We are also closing BCC exchange platform in [five] days

” “In short, we are closing lending service and exchange service while BitConnect co website will operate for wallet service, news and educational purposes,” it ended Those interested to see the full statement can refer to a screenshot captured by independent Twitter sleuth @BCCPonzi, who has been documenting the investment platform’s shady business for months According to the statement, the company will “continue offering other cryptocurrency services in the future

” The equally questionnable BitConnect X ICO – which was explicitly named in a cease and desist letter served by the Texas Securities Board – will remain “functional BitConnect claims that its BCC coin will still be “listed on outside exchanges” and “merchant websites” Meanwhile, it has taken a massive dip to $144, as per CoinMarketCap By comparison, its value fluctuated around the $425 mark less than 10 days ago Above its legal trouble and inability to protect itself from continuous DDoS attacks, the company blamed the closing of its lending and exchange services on “bad press

” That is despite the fact that most of this bad press circulated around the severity of their legal troubles Prior to this development, the shady Bitcoin investment scheme was mired in a litany of legal troubles, including cease and desist orders from the UK in November, as well as two more from from the US this month – one from the Texas Securities Board and one from the North Carolina Securities Division Leading up to the announcement, BitConnect promoters suddenly began distancing themselves from the project Coincidentally, the website was struggling with a series of server downtime – all of which began shortly after the cease and desist orders rolled in Update: The price of BCC has plummeted even further, currently standing at a bit over $43

Source: Youtube

Bitcoin Giveaway Winner! | Bitconnect Lending Program 2 Week Update

Yo how you doing everybody matt is not your average tv and today we are announcing the winner of yesterday's random random very random giveaway man but before we get into that make sure you subscribe hit notification bell this way you are Notified whenever i have another random freaking video you know i mean i was thinking yesterday yo let's do by the end of the week i want to give away 20 more dollars in bitcoin and by the end of the video i was 25 minutes in and i do apologize about that and by the end of the video i was just saying you know what Let's just give the 20 the 20 our a bitcoin to whoever we're still watching you know i mean i know i'm kind of long-winded? I don't think i'm the most interesting guy in the world or anything like that but i do appreciate you guys supporting watching till the end So i'll be doing that a more a lot more often in quite more people than i thought posted once to the end stuff like that so shout to every that did that i put Citizens i can't do the random i'm not everybody posted that they watched at the end so i can't just do a random comment picker So i had to do it old-school, way yes i have an olaf cup shout out, to the homie olaf From frozen so i have all the names in here or this shit i dropped one chuckling everybody's name in here that that commented yesterday hey i I watched the end so we don't have one lucky winner right here? $20 with a bitcoin alright here we go First person that i pick let me just go in there okay here's here's a winner right here you, saw me pull it out of there Here's a random winner east east sell Hot tab he's he'll a tab i don't even see it That if that's you i will be sending you your bitcoin but i do apologize i don't have to do it tomorrow You'll see you in tomorrow's video that i will send it to you tomorrow friday i put all my bitcoin into finance because i was you know i'm really good at getting into these all coins and i had And i was gonna pull it back out so i sent it to you and there's like a $20 charge And by nance to pull that money out so i was like fuck that i'm gonna leave that money in there and i'm gonna buy more bitcoin tomorrow because right now i'm tapped out i got anybody like $10 with the bitcoin right now on Coinbase i'm still waiting for my $300 that's what the coming next tuesday Which is which is a pain in the ass i want to get into deborah coin like now but i promise you guys man i will send the the 20 bucks tomorrow But i have it right here you are the winner you see the video right here i will send you that tomorrow okay again congratulations and everybody that's watching watch at the end of the videos you never know you never know you might be giving away money i'd be giving away something you just never know but anyways man this um this video i really wanted a decade to big connect i'm like i said i had 3,300 bucks that i want to invest and divert coin and to compare the two platforms But that thing's taking with that that's just taking forever so right now we're talking about big connect and it's been two weeks Two weeks it's been two weeks that um that i invested in big connects so my initial investment i went ahead and did all my numbers alright they even though big connect doesn't numbers for you i wanted to check it or whatever so my initial investment on december 21st today is january 4th today is january 4th 2018 1:28 pm

, california time and i invested i started in big connect two weeks ago on thursday December 21st okay exactly two weeks i put two hundred and fifty dollars in here okay so as you can see If you guys wonder what there's noises it's uh my desk has like a little door whatever and it has like these metal clips So they're just hanging right now because my my door is my uh my keyboard freaking thing is open and so like they're just hanging anyway i do apologize for that i should rip those fucking things out but they keep hitting my legs Anyways i miss it 250 bucks okay i invested 250 bucks in big connect two weeks ago as you can see as? i was like $90 more in there than what would i originally invest it okay so i Invest as soon as i get in this platform and big connect in order to start you need a hundred bucks that's the least amount of money that you can invest in big connect You guys start with a hundred bucks but once you started the 100 the hundred bucks to reinvest every ten dollars you could reinvest back into the platform so That's what i've been doing i haven't taken any money out i'm 100 on all my platforms that i'm invested in i'm just reinvesting reinvesting reinvest and getting that compound can't pound interest who you're gonna see it's worked really well so i invested to 250 in my initial investment i'm already almost 100 bucks in but i want To show you i haven't given away i give away money for everybody that signed up under my affiliate program here on big connect The the link is right there at the bottom bit connect click the link sign up i won't give it away money to anybody that There's a new loan hundred bucks and i'll give you guys back 20 i'll give you guys 20 bucks so check this out this house is how it goes down they connect So i have i have six people in my team in my referral team but only one person has done alone and and once you do a loan that's when i see a return and all that stuff, so out of the 250 bucks that i that i did in two weeks i've got in 31:15 i'd say 31 15 and then 63 bucks that you see here is affiliate bonus and this is something i didn't know That again i have one person this so anybody every that all is the affiliate bonus that's why you have 63 bucks right there but only one person like it's not that hard you know you could do a couple videos say hey sign up under Under me under bit connect and and i'll give you half of what's right here whatever the case is whatever you use to entice somebody, to sign up under you or If you if you didn't do that or coin which that's gonna be coming real real soon by next week Because that's my freakin bitcoins taking forever to clear from the bank you can do whatever one person is what i promise you guys is one person that And my team and this is what is that this is what they're doing so one thing i didn't know so their initial investment When they first put their investment in i got a percentage now i believe what they're doing is Reinvesting and i'm getting a couple bucks on top of that you know i mean so my first thing was 60 bucks Yesterday was 2 bucks and then today i wake up and there's another extra dollar in here so um affiliate bonus obviously works you see the big big youtubers they have hundreds of thousands of dollars right here And i know why now you know like like they have? 4,000 people underneath them every time they make a loan every time they reinvest they get a percentage that shit builds up quick i get it So with my total earnings so far is 94 bucks You know i mean in every you might again you're gonna be saying like oh yeah you have an affiliate person that's why you? obviously the chunk of the change is right here but it's only one person that's a you know it wasn't that difficult i i put out there i Give away 200 bucks you know if i still haven't made my money back i gave away a hundred bucks so you could say hey You, say i invested 350 into this, so 250 i invested into um into big connect but i i gave away another 100 bucks for five people To um to sign up under me underneath me i my referral Campaign whatever the case might be so you can say that i invested 350 and i'm almost back to zero and in two weeks now then right and two weeks i made my money back now after this everything is everything is would you call it everything is um Profit from me from here on now i think ten more bucks So anyways i'm gonna showing you guys the opportunity now in two weeks You know i almost added three okay so we'll say that we'll say 350 that i spent on here I'm at zero in two weeks you know i mean i got i got my Investment back in two weeks is it i got my vision back in two weeks And and from here on now is all profit i know this guy is gonna be locked in for you know for 200 or some days So every time you riously he's reinvesting money so this money this i'm gonna build this is gonna build because i'm reinvesting out my stuff too so just keep building you know i mean so just giving you guys a little show of how it's a compound interest and stuff like that so that that's what i want to give you guys right here today i'm big connect um you Know i don't want to waste too much show you guys it's time because i know i can get long-winded Or are we at right now nine minutes perfect i want to end it like at ten minutes so we're gonna do a half of A video today again Bit connect if you're not signed up to sign underneath anybody or you want you know you're you're thinking again i'm a financial advisor i'm not, guaranteeing you and your profits but as What, we see right now you sign up on the big connect you sign up under me just click the link that's in the description The first link that's there? And sign up under me and the first person that does alone you have to do at least a hundred dollars First hundred hour alone i will give you back 20 bucks i would you know so you're already doing 80 so you're um you're risk is not that it's not that big instead i set up a hundred dollars you're gonna only risk eighty dollars i'll give you guys 100 bucks for the first person that signs up under me and gives a loan even if you're already are signed up on if you already part of my team go ahead and make a loan and and you will get $20 back if you're not signed up under me sign up under me and You get 20 bucks back as soon as you do a hundred dollar loan because that's the limit right here i'm To connect but anyways man that's all i got for you guys again make sure you keep it tuned man because no matter what Randomly like i said i'm all my money i got like 40 bucks in in big connect because i bought more um i bought more that big connect finance because i bought more all coins last night and but i saw had enough money i was like let me just put all my money in here Then i'll take it back out So i try to take it back down i try to take half of it so i was like i like i have 40 bucks In there and they're like oh we're gonna take away like $19 fees so much fuck that so right now i left on my money and finance and i do apologize of the week? we do have the winner right here I'm selling is my oh i'm so Hot tab you guys saw the name but on my Tomorrow for sure i'll be able i should be able to have enough i enough to do by 20 bucks of a coin base because there's limits if there's limits on How much i could get a day so every day they release a little bit more a little bit more so tomorrow for sure i will be giving you guys money if not i'll just take that money out and take the hit on the On the 19 bucks you know i mean i don't want to be that guy that like promises all these giveaways and doesn't give the? Money away but i think by tomorrow we should be good i don't want to lose any money either you don't say but anyways man again make sure you subscribe make sure you get the notification bill because i will be giving away a lot more bitcoin again right now they connect first person that gives that does another loan and best in Big connect if you guys are already thinking about it go ahead and do it and you get $20 back simple as that man anyways bye not, shy rich tv is your boy malinsky and i'll see you guys tomorrow peace

Source: Youtube

How to Start Lending on Bitconnect – Easy tutorial shows you how // Instructions explained

How to Start Lending on Bitconnect – Easy tutorial shows you how // bitcoin lend lending program proof review instructions explained withdrawal capital release reinvest scam ponzi calculator calc money david moadel welcome to looking at the markets with David Modell I wanted to give you a really quick and simple guide to how to transfer money to bit connect so you can start lending money and earning profits in the bit Connect lending program alright so first you have to log into your bit Connect account on bit connect Co alright and if you want to join bit connect by the way there's a link I'm gonna provide you with a link and it's below this video in the description of the video so you can click on the link and join bit connect and you can be on my bit connect team for the lending alright and I can be your guide or your mentor if you want and if you have questions if you joined bit connect and you want to put some money into the bit connect lending program so you can start earning profits every single day you can email me at any time my email address is David Modell at gmailcom but first you need to sign up under my affiliate link for bit connect and be part of my team so check the description and click on the link below this video alright so if you're ready to start lending money for the program start earning profits you would go and go to your bit connect account sign in log in with your password and then click on dashboard which is right here dashboard ok and that'll take you to the main page the dashboard now you need to get some bitcoin okay either on coin base or somewhere else and then transfer it from coin base or wherever wherever you have your Bitcoin wherever you bought it you want transfer it from there to your Bitcoin wallet it's right here okay on the dashboard on the bit connect website after you log in the Bitcoin wallet is right here okay you can see how much you have in there right now I have nothing but so you need to get your Bitcoin into the Bitcoin wallet here in order to do that you need know what your address is your Bitcoin wallet address on bit connect okay on the bit connect website so how do you find out what your Bitcoin wallet addresses on bit connect well you can click on the left side of the screen you can click on a little wallet thing here or you can also go to the little menu thing and you can click on wallet here either way both of them will take you to your wallet there's your wallet alright and then we're see where it says receive bitcoin BTC alright you would click on that green button here and that that way you can get the address to accept Bitcoin payments alright because you're going to need to send your Bitcoin from coinbase or wherever to to your bit connect Bitcoin wallet alright and so you need to find out your bit connect Bitcoin wallet address and so you'll click that green button and then you can copy that a Bitcoin address make sure you copy it exactly you don't want to send a Bitcoin from coinbase or wherever to a wrong address that would not be good okay so you want to copy it exactly you can right click copy whatever it is alright and then you go to a coin base or you know wherever and then let's say it's coinbase that's you know one of the more popular ones and then you click on accounts after you log in a coin base alright and then you go to your account so you go to your Bitcoin wallet which mine doesn't have any Bitcoin in it right now but if you did have some Bitcoin in there you can click on send and then you can paste in that address the which you copied from here from the green button on the bit connect website ok so you go to coinbase or wherever you know whatever you have the Bitcoin and you send it to that address that you've got from this this green button here from the wallet you know again you go to the wallet part of the wallet icon on the menu here ok so and that's gonna take a little bit of time alright so now you have to wait you have to keep checking back keep checking back to see if it's here if your Bitcoin is and the Bitcoin wallet then you're in good shape okay then the next step is to click on exchange because now you need to transfer or exchange from the Bitcoin here to your bit connect wallet here you need to get the funds from here to here alright in other words you're exchanging your Bitcoin to bit connect tokens and putting it here alright so how do you do that well once you see the Bitcoin in here you click on exchange which is right here and you give it a few seconds all right and it'll take you to the exchange alright and there you go and by the way another way to get to the exchange you can click on the menu thing here alright and you can go to be BCC exchange it's right here that'll also take you to the same page or you could just click on this little icon right here on the menu here ok so now you're gonna go down go down go down and there you see by cell BCC okay so you're gonna buy BCC you're gonna buy some bit connect tokens using your Bitcoin okay in other words to get your you know your money from the Bitcoin wallet to your bit connect wallet you have to go down here and you have to purchase it alright so how do you do that well it's the default settings are fine you just you see that blue button that's first of all you go to the buy BCC not to sell BCC you go to the buy seized by BCC that means buy bit connect tokens with your Bitcoin all right from your Bitcoin wallet here now you click on all the blue all button ok assuming that you want to invest all of the Bitcoin you don't have to do all you could just put some of it if you want to but if you want to do all of it all of the Bitcoin that you transferred if you want to lend all of it or invest all of it in the bit connect lending program then you'll you would have to you know change all of it into bit connect tokens because that's what you'll be led basically all right so you can click all if you want to do all of it and then you see where it says last you could just leave it there leave it on last okay and then click on so you know leave that blue button last and then click on the green button by bit connect coin all right and it may take a few seconds may take a few minutes but eventually should be able to purchase the the bit connect coin with your with your Bitcoin okay and if it doesn't go through if the price keeps jumping around you may have to change this number okay you may have to lower it or raise it you'll probably have to raise it okay yeah in other words you might have to spend a little bit more okay so you may have to adjust the number hopefully you'll get it the first time hopefully you'll be able to buy it on the exchange the very in the very first attempt if not try raising you know adding a little bit to this number add a little bit more add a little bit more you don't want to add too much you don't want to you know get ripped off you don't want to overspend all right you don't wanna just give away your money like that you want to get the lowest price possible but you also want to make the purchase you don't want to be left out all right so try it raise the price if you have to a little bit keep trying again eventually you should get it you should be able to make that purchase all right and you can scroll down a little bit and see all the orders all the buy orders sell orders more importantly you can see your open orders and if it's not filled then keep waiting and then try again if you have to all right and hopefully it'll change from an or from an open order to a filled order in your my order history okay so if it goes from here open orders to my order history that means you know that it went through your order was filled and you made the purchase of the bit connect token all right and you could always come back to this page to check that the funds should be you know should be out of your Bitcoin wallet and now into your bit connect wallet you should have some funds there okay should have some bit connect okay and that's where you're going to lend alright and you need to have at least $100 worth to start in the lending program all right 100 US dollars we're talking about okay finally yeah you're almost there okay then you go back to the dashboard which you could either do through the menu here or just by clicking on this icon here alright so you'll have some funds hopefully by now and your bit Kinect wallet okay and now you would click on see that blue button here lend bit connect all right you would click on that and I don't have enough you know I don't have anything and right now in my bit Kinect wallet here but if I did then I would certainly want to lend it especially if I had at least $100 worth okay and so what you would do is you put in here you type it in how much you want to lend it could be $100 could be whatever it is a thousand five thousand you know whatever you want to be depending on you know how much you want to earn okay and how quickly you want to get your initial investment released back to you and that's called capital release alright the more you invest the more you earn as you can see and the quicker the capital release will be okay so if you want to put in let's say a lot of no a thousand and ten dollars so you can get to this level here or whatever okay now do not invest more than you can afford to you know to lose or to put at risk yeah I don't want you to I do not want you to invest any money that you will need tomorrow or next week or next month okay this is money that you're willing to put at risk but you know as far as I'm concerned I'm willing to take the risk I feel very confident about the bit Connect lending program alright so you put in how much you want to lend and put in the lending program so you can start earning daily interest payments okay and then it'll tell you how much that isn't bit connect all right and then you click a check the box you read the Terms of Use you're making a decision to participate alright with a full understanding of the rules and regulations and then you click on the blue button pay from bit connect wallet alright and then you're in then you're you're in the program and check back every 24 hours and you should start to see your interest payments and they should start to add up and when you have at least ten dollars in your lending wallet to reinvest okay what you know you'll see the interest payments start to add up here and then when it's at least ten dollars you can click on this blue button here reinvest right now I because I keep on reinvesting I don't have ten dollars right now I only have two dollars and 46 cents but if this was at least ten dollars you could reinvest that ten dollars okay which is what I'm doing you don't have to you can withdraw it but personally I like to keep reinvesting it that way I can get even bigger interest payments through the magic and through the power of compound interest alright so that is a quick and simple hopefully a tutorial on how to start investing in bit connect after you've signed up okay and you can see my affiliate link here and again it is in the description of this video and if you've signed up to be part of my team if you've signed up through my affiliate link and you're ready to start depositing funds you can re-watch this video as many times as you want and you can also email me at David Modell at gmail

com and I can help you through the process if you know because this this is a multi-step process it might be complicated for you that's okay if you're on my team then I can be your coach or mentor in helping you to invest money correctly into the bit connect lending program and also to reinvest it when you're ready to do that you don't have to reinvest but that's what I do I've been doing it every single time alright so thanks a lot I really appreciate it I hope this is a resource for you if you're ready to invest money into the bit connect lending program all right how I hope that you will give this video a thumbs up on YouTube I hope that you will leave a comment and subscribe to my youtube channel alright thank you so much I appreciate it and I'll talk to you again soon

Source: Youtube