Re: [ANN][BCC] Bitconnect Coin - Decentralized Cryptocurrency
i think we will see another pump in bcc
God I hope not! Just let the coin die.... It's done enough damage already to people. This coin will be used in the crypto history books as the Classic-Text-Book Ponzi Scheme example. So sad ;-;
yes i think so too, one thing I learned the hard way is that dead coins never die, this is crypto!
Nah this is not a textbook ponzi, it is a reverse ponzi.
The population should be educated how to spot both schemes.Lazer online would be a text book ponzi, stealing $200+ million which is the largest classical ponzi in crypto.
Yes this IS a Ponzi Scheme.
"Ponzi scheme organizers often solicit new investors by promising to invest funds in opportunities claimed to generate high returns with little or no risk. In many Ponzi schemes, the fraudsters focus on attracting new money to make promised payments to earlier-stage investors to create the false appearance that investors are profiting from a legitimate business." - https://www.sec.gov/fast-answers/answersponzihtm.html
Bingo