Fireside Crypto: Bitconnect / South Korean Regulations

in #bitcoin6 years ago

Recently Bitconnect couldn't pay off their lenders, leading to them "refunding" tokens which no longer had a function. This all led to a collapse of the Bitconnect market .. or did it??
I also recap my adventure in South Korea - and to the surprise of nobody, blockchain is going strong :D

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Bitconnect was doomed to failure.

Bitconnect was a ponzi scheme. It was not hard to see.

FUD was the ultimate downfall of Bitconnect. For all the nonbelievers, you're almost not allowed to knock it until you try it. Because from a user, I was not burned by BCC. People constantly bashing BCC burned me. They only turned in because of constant DDoS attacks, bad press, and two cease & desist orders from NC and Texas. No one came forward saying it didn't work, or that the system was rigged. It worked as dictated, and nothing else. So in reality, thanks for nothing.

Bitconnect will be worst in coming days
Thanks for your info @boxmining.

Great information. first time i see your post and find good work i follow you hope you will share more in next posts

how do you think about bitcoin prices that the end of this there is a decrease,
What is your opinion?

It will increase very huge now

Heard Crypto Nick and Trevon James say they're going to buy more....unbelieveable

Even after it getting confirmed that bitconnect is a scam there are people who are still investing in it. I don't understand how could some one this fool.

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