Post
Topic
Board Speculation (Altcoins)
Re: Bitconnect is Dead.... :(
by
CodyAlfaridzi
on 17/01/2018, 13:58:58 UTC
Many of us knew already this was a ponzi scheme.. i just read https://www.bloomberg.com/news/articles/2018-01-16/bitconnect-closes-exchange-as-states-warn-of-unregulated-sales

Hope it didnt trapped much of you

Glad it finally collapsed. Bitconnect obviously used ponzi scheme for its lending program. It was just the same as hundreds of sites listed in Investor-based games, the only different is this one got a huge marketing so it could scam a lot more in value and stay for a little longer.

I hope people won't fall for something like this again, unless they really know what they're doing.