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RE: Regal Coin: the next BitConnect Ponzi Scam

in #scam7 years ago

Nice writeup.

Regal Coin and Bitconnect looks very suspicious alright. There's an endless number of videos and blogs about Regal and Bitconnect being scams or ponzis but it doesn't seem to put too many people off them.

It's interesting that all these projects are springing up and they are sucking up a lot of funding that would otherwise most likely have gone into more legit projects such as all the great alternatives that you have mentioned.

If that volume of funds had gone into the legit coins, they would probably have had quite a boost.

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Thanks. I agree. Many of the people who invested in BitCoin early learned to march by the beat of a different drum so it isn't surprising that they like to do there own thing. Still are lots of great projects though!