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RE: Are Bitcoiners using their "free fork money" to pour into Bitconnect?
Yes, they can do this, but that is making quite a few assumptions. Assuming BTC keeps a steady rise(very dangerous as BTC is volatile), same problem with the example of the housing market in 08. It is also assuming Bitconnect will keep at a steady 1% daily(avg) return.(also very risky). The assumption that Bitconnect will keep going as well(last risky part too).
Yeah but if you got the money risk free will you not be willing to take a lot more risk to increase it?
Didn't they still need to put up the original BTC for the other "risk free" fork crypto? The original BTC is not "risk free".
If only risk free money was involved. I'd be ok. It would be all like a lottery gamble.