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RE: Shitconnect Demoted On CoinMarketCap
Bitconnect is just a bomb ready to explode at any time, who joined first made HUGE profits, that is true...but, no one can predict when it is going to blow up so investing now is a massive risk.
Yeah I agree. It is really hard telling when they Exit scam or it collapses or the authorities bag them up.
Authorities could seriously bag the big promoters. It's disgusting to see how BitConnect is promoted. After Vitalik called it a Ponzi, the response was that BitConnect is somehow connected to Bitcoin. So the value can't really go down. It's all going up. I actually ended up writing an entire article + a little analysis on why and who invest in these kind of ponzi/pyramids. :https://steemit.com/cryptocurrency/@vimukthi/trevon-james-vs-vitalik-buterin-in-depth-analysis-commentary-on-bitconnect
Read few of your posts. Great to see more people sharing similar sentiments about these HYPE coins. upvoted resteemed and following.
Thank you! Yeah now I actually saw Trevon admitting there probably isn't a bot and like you said suddenly he is saying that the price is tied to Bitcoin.....etc so it will continue.
But he won't come out and say that they could exit scam tomorrow or that that authorities could seize the website....etc. I will check out your post.
BitConnect is a decentralized scam. The easiest and most practical to arrest is the promoters of it. To anybody who is familiar with financial fraud, the HYPE freaks will stick out as sore thumbs. These idiots are an insult to the entire crypto community. A technically weak coin like BTC is bound to fail. I've written extensively about the death of Bitcoin and I only give it 3 years to live.
@haejin.@ew-and-patterns and many other analysts predict massive BTC correction coming very soon. That alone could be a massive blow to this scam. Human progression happens with intelligent decision making and critical thinking. Anybody who promotes BitConnect and anybody who invest in it (except for pump & dump investors who plan their exit strategy) are all going in the opposite direction of human progress. Human kind will have no future unless these people get burnt and mean BURNT.
I have no jealousy regarding the money they made. I respect capitalism. But I can never not disrespect stupidity. The very first Trevon James video I stumbled across made me disgusted. Seeing all his supporters and many similar people almost made me loose faith in humanity.
I remember Anonymous making some threats to crypto YouTubers. But it seems they weren't too serious about it.
That is funny and you are right the easiest way would be to arrest the promoters of it and maybe have them make a video telling their followers. Hahha. Have them do some community service or something and let them off but tell everyone they aren't going to be so easy on it next time. Hahah.
I just wonder how close to the top are the people who threw the big MLM style party over in the Philippines. That was pretty nuts.
Yeah the thing about Trevon that just always made me shake my head was he didn't know what he was talking about. But it really showed that just being willing to make any videos talking about crypto allowed people to build and audience. That is when we knew that crypto had arrived at triple retard mode.
The sickest thing of all is that great YouTubers who make valuable contributions and genuinely analyse the coins and provide good news only get few thousand views. YouTube which appeals to the lowest dumbest idiots give Bitconnect scammers over 50K views. That's just sick and disgusting.
I really want to see this ponzi money confiscated. We as a community would fail if we allow these things to continue.
I was thinking things couldn't get worse, but I stumbled upon this:
https://steemit.com/steemit/@skeptic/randowhale-has-killed-my-account-again-please-help
https://steemit.com/@berniesanders/comments
If you check the behavior of berniesanders You'll see that there are 55upvotes following wherever he go which have all been gaming steemit platform for money while insulting the platform, community and the creators.
That's liberals for you. I don't even know what I can do to help. That's 55 whales upvoting each other and flagging those who oppose them like true communists.
it is a battle between Dash...lol BitConnect will stop when BTC price stabilizes in definite...