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RE: BitConnect Ponzi Eats up 7% of Mined Bitcoin Daily! Part 7

in #bitcoin7 years ago

Another excellent writeup @cryptick, thanks for posting. I wrote about EthConnect a couple of weeks ago and how it looks almost identical to BitConnect.

I also noticed how BitConnect's roadmaps is almost at an end, just as EthConnect's roadmap begins. Interestingly, EthConnect's roadmap also lasts about a year and feature much the same milestones including the mythical listing on Bittrex exchange.

I was watching a video earlier by J4Snip and Clif High and Clif reckoned that the signs are that BitConnect will come to an end by around the start of December. If that should happen, a lot of people are going to get stung forsure. You, me, and others will have to find some other schemes to ponder and write about :-)

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Thanks, Nice writeup on EthConnect. Wow. It is crazy the number of schemes out there.

I like the point they make in the report, that BitConnect is now only paying on three levels; instead of 7 or 13 and this is because they are running out of money.

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