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RE: The collapse of Bitconnect: Was it FUD or The "con" of the trading Bot....Hallmarks of Ponzi Scheme

in #bitconnect7 years ago

Thanks for sharing. I steered clear of bitconnect from the start - it worried me how many people were involved because I knew it wasn't a sustainable system, but a ponzi scheme.

Thanks for this post and highlighting aspects of this, hopefully something of this scale will not happen again - although somehow these thimgs always manage to seep in through innovation.