Bitconnect a Scam?dwongch (56)in #cryptocurrency • 7 years ago Is Bitconnect a scam? Vitalik seems to say so! #bitconnect #blockchain #scam #technology
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I think it may have started off as a scam but they are doing so well it might not be anymore haha
They created a coin that is now worth billions of dollars! They could pay out clients for a very long time just off that alone.
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Exactly. It is a Ponzi scheme. See a detailed due diligence: http://blog.icoindex.com/why-icoindex-has-labeled-bitconnect-as-an-outright-fraud/