The First BitConnect Annual Ceremony – Thailand

The First Annual BitConnect Ceremony was held on October 28, 2017 at the Royal Cliff Hotel's Peach Convention Center at Pattaya, Thailand. Over two thousand attended, and the ceremony was live streamed on YouTube. The ceremony began at 6:30pm with an impressive performance by Thai drummers and musicians behind a symbolic sword fight, followed by traditional Thai dancers. Two MCs came onstage to introduce Michael Crypto who provided a bit of inspiration before BitConnect communities from the countries attending were...

Read More

Scams, Ponzis and Pyramids

Before we get started, let’s first define these terms in the title. According to the Merriam-Webster dictionary, a scam is ‘a fraudulent or deceptive act or operation’. A Ponzi scheme is defined as ‘an investment swindle in which some early investors are paid off with money put up by later ones in order to encourage more and bigger risks’, while a pyramid scheme is, and I quote, ‘a usually illegal operation in which participants pay to join and profit mainly...

Read More