Yeah, agreed :/ I did not invest in Bitconnect for a number of reasons, mainly because there were too many reasonable people I trusted warning against it and I trusted that advice, and my own research was not showing me any reason to believe it was NOT a ponzi. I do think that there are going to be plenty of other coins that also bite the dust before 2020... I think a majority of them are scams or have no product to back up their claims etc, like you said - ideas don't always translate into working products or services.... so it will be a game of wait and see who survives. Kind of like the dot com bubble in many ways. Too many people trying to jump on board with cryptocurrencies without having researched them or knowing what they are about, too many sham companies trying to make quick money offolks who don't really know what they are doing. Ugh, there is a lopt of ugliness in this space sometimes. But so much potential, too. :( But I guess now that Bitconnect has tanked, at least that is hopefully going to spark more interest in some of the people who got burned to do more research or better understand the risks :(
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Yeah hopefully people have learned a lesson.