You know, I really would prefer that not to be the case. I would like people to make good decisions based on solid information, the opportunity to judge for themselves, and a certain measure of safety for them in their fiscal lives.
But you are completely right.
I have done a little bit of research recently and my personal findings haven't exactly been the most reassuring. When you have federal regulatory agencies on two continents looking at your business operations and being pretty unified that they are more than a little sketchy, it's not a place that I would choose to put my money. If I had money in it right now, this would be the moment that I had fair warning to take it out and count my blessings that it was in time.
But I am open to being persuaded otherwise. In fact, I would like to be.
And if BitConnect ends up being shut down and people are out of more money than they can afford to be, I will have the good grace to feel bad for them. That's a terrible situation to put yourself in, and a terrible situation to find yourself in.
However, it does remind me of the old joke about what the biggest river in Egypt is. There is no escaping it.
My biggest problem with blind critics is you don't have a variable proof to your claim of bitconnect being a ponzi scheme.
Do the math, how many ponzi schemes can support millions of clients and pay them without any glitch for about 16 months?
How many ponzi schemes have billions of dollars in circulation?
Bitconnect does actually have a trading bot. Do your research, there are now trading bots available for sale all over the place now. An example is traderdaddy, profit trailer, and gunbot, to mention a few. Some of these bots are even free. Bitconnect has brought about a revolution in the crypto world, and its only natural that there'll be a few doubting thomas' here and there.
For heaven sakes, some people even called bitcoin a scam.. Sadists who are naturally frustrated only criticize what they cannot understand. Call it a scam, call it whatever you want.... Everything that has a beginning will end one day, same thing applies to ur banks and other financial institutions that you trust so much.