looks like click bait, we didnt get scammed or lose money yet, still holding BCC and waiting for it to got back up like any other alt coin. even though i was in it for a short time i did get paid out the daily interest as promised, unfortunately the govt shut it down, don't know why this would be a scam or ponzi. easy to say things about things about what you don't know and jump on the band wagon. everyone should know the risk in crypto buying, holding, lending, etc. if not do your homework, but i would think again before you start bashing people @trevonjb and calling them scammers and a fraud. will have to vote this post down if possible, new to this steemit platform. just a newbie too. we can agree to disagree enough negative stuff in the world, just move on and learn from your experiences and learn from the. you should try to find someone that had invested in bitconnect and get them to call it a scam or ponzi that would make it a better story, instead of copying and pasting something you found on the internet on a google search. bad attitudes, name calling from not doing your research make the crypto community look bad from everyone. get read btw.....
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I have to say I disagree. Scammers make crypto community look bad, not the people calling them out.
which govt? Bitconnect is/was not based in the US so any cease & desist orders sent to it by Texas or North Carolina or even by the UK authorities would have had little consequences for an operation in SE Asia. No, they realised with bitcoin price dropping and fresh "investors" into the pyramid on the decline, they had to stop paying everyone, take their amassed pile of Bitcoins and spend the rest of their lives on a beach in Koh Samui :D