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RE: "MMM MMMM NO NO NO — BITCONNEEEEEECCT!!!!!! "

in #news7 years ago

If you look at Trevons actions leading up to the BCC collapse it is blatantly obvious that him (and Craig Grant) were aware of the BCC exit scam that just took place before it happened.

It's amazing... BCC is an obvious scam so they used the "bad press" as a reason for the collapse (blaming doubters for the collapse). They then DDOS'ed themselves so they could have an excuse as to why the platform was down while they prepped the exit scam (so they could blame hackers for the collapse). They also launched the BitconnectX ICO as a final cash grab at the end before the exit scam was fully initiated as a way to milk the BCC community even more before collapsing. They then paid people out in useless BCC tokens at a higher value then they were worth (363 when they were selling for 291) and after that the BCC price collapses down to 20-40 bucks so most people invested lost almost all their principle investment. They paid out BCC tokens (instead of USD like they normally do, or BTC like they should have done) as giving BCC didn't cost them anything so it allowed them to keep all the USD and BTC for themselves while all their users got hosed with useless BCC instead.

I truly hope a load of people go to jail for this when everything is said and done... this was a highly calculated and obvious scam from the get go, and people involved in the platform and people involved in pushing newbies into the platform deserve some fairly major punishment...

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and people involved in the platform and people involved in pushing newbies into the platform deserve some fairly major punishment..

Does not anyone investing in such scams do that voluntarily? How are they pushed. With a gun to the head or some other threats of violence? I'm just asking for I'm not aware of any of those practices.

Greed and or stupidity

The funny thing is that they wonder why Steemit doesn't get more legit users. They actively support scammers and then wonder what went wrong.

Steemit is a scam....lol ;)