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RE: Bitconnect Goes Down - Price Drops to $30 - I Warned You Guys
I had the same arguments with people getting into Bitconnect who told me I was an idiot for buying Bitcoin 3-4 years ago. There was never any "Trading Bot" nor anyone proof of one. I am quite frankly pleased with today. Nothing will benefit this sector more than flushing out the bad actors and the Altcoin pump and dumpers.
Hey @vogeltron1 yeah I agree it's refreshing to flush out some of the bad actors. My fear however is that this gives a bit of a black eye to crypto from the eyes of people who don't know enough to distinguish between HYIP programs and ponzi schems and actual cryptocurrency. The timing of this doesn't really help either with Bitcoin and crypto already in a slide. In the longrun though your right it's healthy
Yea, I agree. Anything that brings in the Government is always not good in my opinion.