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RE: Warning: Anything that walks and smells like a Scam is a Scam: A Case of Bitconnect et al
This is so true , If it's too good to be true then it's most likely too good to be true. The only concern is how Bitconnect was able to grow so much. I hope this sends a message to everyone that there is no easy money anywhere and you have to deeply research any project before investing.
Bitconnect was able to be successful because they gave themselves 1 year for full back payment of money ...so the business strategy will give them time to make big gains in the Ponzi scheme also giving their evangelists time to sign up newbies ...