Hello world,
It is a kind of promotion post, so dont read it if you do not like it in the first place, otherwise try it for yourself,
https://bitconnect.co/?ref=molenta
and joining my team, will give back all my initial earning, it is seven percent on your deposit.
LETS GO:
- HOW BANKS WORK - what happens when you deposit in bank, is sustainabe?
bank due to "regulation" (which btw is a decision made by few people) reserves from 10% - 20% of your money and the rest it goes to the "lending" bot (i mean here credits), they are exstremly risky investment as it can go many things wrong. So we have here somwhere from 5X to 10X money factor multiplicator. And YES if we all pull money out of bank it goes down. And YES banks are sustainable as we are, as society.
- MARKETING PROMOTION PROGRAM - why can it live
Refferal program; crowd: "its a scam, not sustainable, etc..." You know what, this part is sustainable. Every kind of marketing is a cost/earning ratio. In every product you pay a part for marketing, its in your Toyota, yougurt and any other product, yes even in lending products, see for your selves on radio, tv, internet. Here Bitconnect is using his promotion on referals (the whole system takes about 5%) and yes we get the marketing share in our budgets. Steem also has a great promotion program on voting, generating steems. Its the new kind of marketing. Think about it. I will make another post on this.
- TRADING BOT - is it real or not
I dont know if there is one or not. Even if its or its not, the bitconnect coin has its lending potential value, it is connected to bitcoin, you buy bitcoin to lend it. Think here. Bitcoin ecosystem, buy support for locked time. Im economist, i know some stuff on support/demand. Ponzi? Yes/No. You decide. How many products you buy are one big ponzi for you. How many services are ponzi for you. Its sustainable, maybe not for ever, but it can survive for many years, more than some giants of economy can. Will go deeper here in next post.
Stay cool, try, live, let live and stay positive. And remember do not ever ever ever invest more than you can positively lose. All investings are risky, every enterpreneur knows it, each every day there is a risk decison.
Will give advice also on other cryptocurrencies.
Bye, Yours BI-consulting