BitConnect Abondons US Affiliates and Blocks BitConnectX ICO

It looks like BitConnect is going the same route is USI-Tech when Texas and Canadian SEC give out a warning.

BitConnect is getting the same warnings and got a cease and desist which is usually the first signs of a scam…

BitConnect has no interest of registering with the SEC so they can sell legally in the US and Canadian markets…

What I don’t get is their BCCX is publicly traded and was worth $425, but once the SEC got involved it dropped to $350.

So why can’t they just register with the SEC if they have a legit cryptocurrency?

Bitconnect US affiliates

I don’t know, but at this time the biggest traffic sources are from the USA which makes up for 20%…

The only thing I can think of is they are publicly traded, but they do a lot of internal exchanges which they can control pricing with…

Anyway, it’s actually sad because I know a lot of people joined this company and USI-Tech…

They put their blood, sweat and tears into it and now these companies abandoned them…

When a cryptocurrency network marketing pops up and gives you a fixed ROI, you need to question it…

How are they making those ROI’s and if it’s from trading or mining, they need to provide PROOF.

I haven’t seen ONE cryptocurrency network marketing company provide proof of any trading or mining…

A lot of them say “it’s coming” but it never comes…

You just need to use common sense on things like this…

If they do provide an ROI, you need to ask if they are registered with the SEC.

If they are, then great!

If not, stay away!

Anyway, I hope you got some insight about Bitconnect and if you have any questions or comments, leave them in the comments below…

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Bitconnect abondons us

-Jesse Singh

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