create account

RE: Bit Connect - Fraud or Legit - Reality Check! by steemmatt

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @drdmd/re-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-webyclass-re-cryptogem-bit-connect-fraud-or-legit-reality-check-20171127t182754823z

· @steemmatt · (edited)
It doesn't claim that either.  That's what marketers with affiliate links all across the web say to try to hook people.  If you look at the marketing materials on the site, it says "up to 40% per month".  "Up to" is a disclaimer and it's up to people to understand that's a range.  I don't see anything else regarding claims of an average of or promise like that, nor have I ever since June.  The only thing they guarantee is a bonus 0.10-0.25% daily for loans ranging from $1,010 in value upward on a scale. Of course, it's semantics, but that was the extent of my first reply before the conversation was redirected.

I don't like the site if it's a scam as anyone wouldn't, and am not arguing, but just hope people generally spread the right info after proper due dilligence.
properties (22)
authorsteemmatt
permlinkre-drdmd-re-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-webyclass-re-cryptogem-bit-connect-fraud-or-legit-reality-check-20171127t185457601z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2017-11-27 18:54:57
last_update2017-11-27 18:55:36
depth7
children2
last_payout2017-12-04 18:54:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length777
author_reputation137,852,274,798,769
root_title"Bit Connect - Fraud or Legit - Reality Check!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id21,701,366
net_rshares0
@drdmd · (edited)
Let's stop wasting peoples time here. The math behind 1 percent daily interest comes from 1.01^30 = 1,34 => 34% which is in the ballpark of their own figure of "up to 40%". 40% a month gives an average daily interest of 1.121574122%. That is 1 % daily interest on average. It's unsustainable. It's ponzi. It's pyramids. It's instert-a-name-calling-here. It's bad for people. It's end of discussion.
properties (22)
authordrdmd
permlinkre-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-webyclass-re-cryptogem-bit-connect-fraud-or-legit-reality-check-20171127t192420831z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2017-11-27 19:24:21
last_update2017-11-27 19:25:18
depth8
children1
last_payout2017-12-04 19:24:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length398
author_reputation727,446,969,842
root_title"Bit Connect - Fraud or Legit - Reality Check!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id21,703,880
net_rshares0
@steemmatt · (edited)
You made sense with your first sentence.  Tacking on formulas, sarcasm and last words is antagonistic and immature on your part.
properties (22)
authorsteemmatt
permlinkre-drdmd-re-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-steemmatt-re-drdmd-re-webyclass-re-cryptogem-bit-connect-fraud-or-legit-reality-check-20171128t005342975z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2017-11-28 00:53:42
last_update2017-11-28 01:14:12
depth9
children0
last_payout2017-12-05 00:53:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length128
author_reputation137,852,274,798,769
root_title"Bit Connect - Fraud or Legit - Reality Check!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id21,727,683
net_rshares0