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RE: BitConnect Closes Exchange After State Crackdown Over Unregulated Sales
I agree it is a good day for crypto since this was a ponzi scheme that needed to go down.
As for the victims, I am not sure I feel sorry for them. I witnessed a number of debates on here with people defending bitconnect claiming it wasnt a ponzi scheme in spite of being shown that it most likely was.
It is hard to defend someone like that as being a victim. If one chooses to ignore something, isnt that on them?
I kept hearing about bitconnect being shady, turns out to be true. In these early days of crypto I think it would be wise to heed people's warnings about certain coins/companies, there is so much room for shenanigans right now. Still feel bad for any newbie innocents that didn't catch word
You're so nice for commenting on this post. For that, I gave you a vote!
Awwww @rewardpoolrape, I'm lovin it.
Also, I agree it is easy to abuse the reward system, do you have any recommendations for lowly minnows on effectively using flags? I think we are in a situation where people are afraid to use flags because they fear making enemies with whales
I think there are two types: The promoters who earned on affiliate commission by bringing others in and for them I am not sorry at all. But a bigger group are people who believed these scammers and for them it is sad. Lets hope they learned, education can be expensive.