The cryptographic community is giving a scream in the sky after the next release of bitconnect, a new crypto. BitConnect is an open source platform on a bitcoin and crypto-form community platform designed to provide multiple investment opportunities.
BitConnect is an open source all in one bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education where it is entirely possible to find the independence we all desire, in a community of like-minded, freedom loving individuals who, like you, are seeking the possibility of income stability in a very unstable world. https://bitconnect.co/
The truth is that the main “big names” of cryptography are alerting the entire community of a possible scam, and that is seeing actors and situations that leave you doubt a lot.
Their official videos are effectively promising 1% daily returns and touting this as the primary benefit of the project.— Vitalik Buterin (@VitalikButerin) December 1, 2017
Ethereum and bitcoin, on the other hand, are backed by a proven and consistent record of 200-700k daily txs and $100k-4m daily txfees.
I think BitConnect need to generate confidence to investors and not act as a junkie in a rave party. These kinds of presentations only remind me when Microsoft released of Windows 95.
If you want to see the extended version look this:
Technically speaking, this video explains very well the fact of how they do the “magic” with the system proposed by BitConnect, definitely “Red Flag” with this currency.