This is what I have seen on how Bitconnect makes the money they make:
- You pay with BTC, you buy BCC. Each time you buy or sell BCC they make 0.25%, so on a $100 deposit they make $0,25 for each $100.
- On top of that if the Robot says you made 0.80%, the robot really made 1% or more, we really don't know.
- When BTC goes up in price, the BTC the Company made also rises, so they make money there too.
- The amount of BTC they had before coming online is only expressed on the graphics they have in the bot page. When they did their ICO, they made everyone in the system buy BCC with the BTC they had. You would need to see the Market Cap at that time to calculate 0.25%, a nice start if I may say...
- Finally, The ICO started at $0.16 if I am correct. It is the most rapid coin to rise, I believe it was up to $60 in 6 months, a faster growth than ETH.
Conclusion:
If they stop by any reason, They would be throwing away a Gold Mine. With the upcoming changes like the Smart Card, the BCC token can only keep rising in Value.
- If you liked my comment please help out a starting guy and give me a like. You can also checkout my Youtube Channel, I do most of my videos in Spanish but if you want to hear my views in English, please subscribe and comment so I know you want them in English I'll try my best to communicate to you all. I also have a Facebook page called "BitcoinTradings"
Thank you and God bless!
eceinco