A cryptocurrency that was largely determined to operate as a Ponzi scheme, reaching a high of about $435 in value during its peak, and hitting a low of $0.89 as of today. Bitconnect has a lending platform with promises of returns that are generally regarded as unsustainable, causing people to argue that the returns are merely based on new funding put into the platform rather than the actual generation of profit. Suspiciously, the founders of this platform are anonymous. The SEC and possibly other U.S. government agencies are investigating this cryptocurrency.
Carlos: "It's a scam!"
"Biiiiiiiiiiiiiiittttcoooooooonnnnneeeeeeeeeeeccccctttttttt!"
John: "I just lost my life savings in Bitconnect."
"Biiiiiiiiiiiiiiittttcoooooooonnnnneeeeeeeeeeeccccctttttttt!"
John: "I just lost my life savings in Bitconnect."
by Prankster May 18, 2018
Get the Bitconnect mug.From the hoodlums in the hood to the Bigfoot in the woods nobody can out Bigfoot Tony...from the signs in the sky to the tracks on the ground all the others are just clowns.
by Big daddy stew March 5, 2020
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Joe W: "Bitcoin is a joke!, It's a ponzi scheme! It's like baseball cards and tulip mania all over again".
Bitcoiner: "Bitcoin will reach $100,000 and then we'll see if it's a joke!"
Bitcoiner: "Bitcoin will reach $100,000 and then we'll see if it's a joke!"
by Dovetail November 12, 2013
Get the Bitcoiner mug.The act of farting in such large quantities that it eventually renders the air around you unbreathable, similar to the carbon emissions caused by excessive Bitcoin mining.
by BatteryMaster October 12, 2021
Get the Bitcoining mug.Illegitimate duplicate of the original Bitcoin. The equivalent scenario in the fiat world, would be a minority of people working inside the Federal Reserve suddenly defected and start printing USD on their own, albeit using A4 size papers for their fake money notes.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
A: Should I buy Bitcoin or Bitcoin cash?
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
by Henry law August 21, 2017
Get the Bitcoin cash mug.My boy Wagz was banging this Indian chick and when he flipped her over to hit it doggie, he was taken over by her Bigfoot butthole.
by JStackz June 8, 2017
Get the Bigfoot Butthole mug.Bitcoin is virtual currency created in 2008 by an anonymous person or persons known as Satoshi Nakamoto and is slated to replace the Dollar as the global reserve currency due to its decentralized nature, and limited supply.
No bank can freeze your Bitcoin. No government can seize your Bitcoin. No thief can steal your Bitcoin. You control your private keys, and no one can take your Bitcoin away from you.
Billionaires like Elon Musk have invested in Bitcoin as a store of value that will preserve their wealth. The motto in Bitcoin is HODL, invest, and "hold on for dear life". Never sell, ever.
There will never be more than 21 million Bitcoins circulating in the world, by design. The Federal Reserve (neither federal, nor a reserve) prints money endlessly, then loans it out for interest making them and all of their big banker friends rich in the process. Bitcoin slowly decreases in supply until all 21 million bitcoins have been minted.
Bitcoin sticks it to the man.
Bitcoin is the Internet of money.
Bitcoin is Gold 2.0.
Bitcoin started at $0 per Bitcoin in 2008. Bitcoin hit an all time high on November 8, 2021 when one Bitcoin was worth $67,567.
Bitcoin value is estimated (by some) to reach $1 million dollars per Bitcoin, one day.
Bitcoin has created a new generation of millionaires and billionaires.
Bitcoin is like the invention of the wheel, or the Internet.
Bitcoin can make you rich, or not.
Acquire at least 1 Bitcoin, and your great great grandkids will thank you.
No bank can freeze your Bitcoin. No government can seize your Bitcoin. No thief can steal your Bitcoin. You control your private keys, and no one can take your Bitcoin away from you.
Billionaires like Elon Musk have invested in Bitcoin as a store of value that will preserve their wealth. The motto in Bitcoin is HODL, invest, and "hold on for dear life". Never sell, ever.
There will never be more than 21 million Bitcoins circulating in the world, by design. The Federal Reserve (neither federal, nor a reserve) prints money endlessly, then loans it out for interest making them and all of their big banker friends rich in the process. Bitcoin slowly decreases in supply until all 21 million bitcoins have been minted.
Bitcoin sticks it to the man.
Bitcoin is the Internet of money.
Bitcoin is Gold 2.0.
Bitcoin started at $0 per Bitcoin in 2008. Bitcoin hit an all time high on November 8, 2021 when one Bitcoin was worth $67,567.
Bitcoin value is estimated (by some) to reach $1 million dollars per Bitcoin, one day.
Bitcoin has created a new generation of millionaires and billionaires.
Bitcoin is like the invention of the wheel, or the Internet.
Bitcoin can make you rich, or not.
Acquire at least 1 Bitcoin, and your great great grandkids will thank you.
Yo, you heard about that new money, Bitcoin? I be hearin' rappers drop that shit on they tracks, so you know it's legit.
I bought Bitcoin back in 2017, and in 2022 I cashed some in to buy my house, paid in full, in Bitcoin. #thanksbitcoin
I bought Bitcoin back in 2017, and in 2022 I cashed some in to buy my house, paid in full, in Bitcoin. #thanksbitcoin
by Lou Skywalker September 20, 2022
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