Warning *** epic rant
This rant is about bitconnect. Yes...bitconnect. I know im going to get alot of flack for this post but I dont really care.
For the so called crypto community -
Bitconnect was one of, if not the largest price drivers of bitcoin in 2017. As we have seen, cryptocurrencies gain value from inward volume, leading to increased market capitalization, not valuation, not balance sheets....inward volume.
Bitconnect brought alot of new money into the cryptocurrency market by providing an easy to use platform for those interested in cryptocurrency, without alot of expertise in trading or technology.
I have heard alot of people jeering others online, calling them all sorts of childish names, and making fun of them for taking a risk by investing in the bitconnect platform and other such lending platforms.
This shows a lack of respect prevalent among the crypto community, and also narrow-mindedness. Miners and traders both benefitted from the easy influx of new money brought in by platforms like bitconnect.
Its just sad to see how many people hate a lending product like bitconnect, devor and the others. It seems these same critics applaud big banks and government that have drained the lifeblood out of the people.
These same experts have no problem with futures trading, with contracts issued by these same big banks.
It wouldn't surprise me if these guys were behind it all.
Oh well, just my two cents. Hopefully all this fud wont stop new investors coming into the crypto markets. We need the volume.
Good luck!
Thanks for yur good posts, I followed you! +UP
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