Bitconnect is liked among some and others don't like it, now i have never invested in bitconnect myself and i do not intend to do so. That doesn't mean i hate it, but having a platform that holds my money, that isn't even a licensed platform well i don't trust that, and i can't take it out once invested which is suicide to any serious investor.
But Bitconnects new ICO (BitconnectX) most likely an "Exchange" is being promoted in rapid succession so fast that they are not able to even have a Roadmap or Whitepaper done yet.
So why the rush?
First of all i thought this is very odd why would a billion dollar platform need an ICO! Not even a whitepaper, not even any information! On their ICO. And then i did some serious investigation and i found the missing piece!
Only reason why they would actually need any form of funds is because they are in competition!
But then i thought; Who or what would form such a threat to them?
None of the recent Lending platform from last year are even coming close to form competition to Bitconnect, Regalcoin was an utter failure and pretty much 98% of the launched platforms will die out soon.
and then it struck me!! They Keyword is LICENSED
Not a single cryptocurrency on the market is an actual licensed crypto currency, or so i heard! Whether this is the case or not remains to be seen but then i knew it they are afraid of USI-Tech.
Now why USI-Tech?
- USI-Tech has about 750,000 Members give or take and growing daily! and will easily reach Over 1 Million by the end of the Techcoin ICO.
- USI-Tech when compared to Bitconnect actually gives back more Overtime profits + It gives back actual Bitcoin! actual value!
- USI-Tech is busy making their own Internal Exchange and because USI-Tech is quickly becoming the bigger player Bitconnect has the response to speed up the process.
- USI-Tech is actually Licensed and Bitconnect is not!
Now Regardless who brings it out first doesn't truelly matter, the fact of the matter is, Bitconnect has lost its place in the market when you add up that you Get more Value for Less time With USI-Tech. Very soon Bitconnect will have to give way and drop under USI-Tech.
The Market has flipped and the momentum of Bitconnect is slowing down as they are rushing their own Exchange in order to gain back some form of control.
Will i Invest in BitconnectX?
Possibly yes, its free profits, but i will never let it sit in their platform for long amounts of time.