We all know that this week Bitconnect collapsed when the cryptocurrency markets came down. This left many investors down and out.
However, it seems as if Bitconnect is trying to start over as a new scam ICO this time. They are currently raising funds through a new ICO called BitconnectX.
https://www.coinbureau.com/ico/bitconnectx-attempt-scam-investors/There is almost 0 transparency over this project. There are no developers, leaders nor do they even have information on the company or any legal disclaimers.
Most importantly though, for an ICO they don't even have a whitepaper! Just some vague references to PoW and PoS mining.
Looks like a
legit scam to me. What are your guy's thoughts?
A legit scam is just the perfect adjective to qualify this project even if it sounded odd. I don't understand why someone would think he can still come to the market to raise fund under Bitconnect name just one week after a lot of investors lost out in their pyramid scheme. The warnings is actually meant for the newbies only if they will hear and stay away from such as I don't expect someone who got bitten last week to still put money in bitconnect.