I think the market correction and Bitconnect going is good news. It wasn't healthy to have so many coins massively overvalued. We needed a reality check. Hopefully people will learn from Bitconnect and avoid the ponzi schemes, I'm sure there will be more of these scams but hopefully not as big as Bitconnect was.
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Yes, I agree market correction and Bitconnect exit is a good thing. Coins are still overvalued and current flooding of ICOs without regulation will bring more scams and bad reputation to crypto. Hope things get well sooner!