In December and January, the market was flying in the sky. People were throwing their money in all kinda scam and pyramid scheme. After the fall of bitconnect, everything is downhill. Bitconnect had a giant marketcap. Did this scam make people lose their faith in cryptos? These days i hear more people whining how most ICOs and projects being scam. Before everyone was pumping with optimistic words about ICOs and new tech.
Even the good projects who reach their deadlines and deliver their promises, are not getting the love they deserve.
Do you think bitconnect scam affected the sentiment of people about crypto market?