RE: Prediction: when Bitconnect ponzi scheme will implode
The truth is, we don't have real data to have a better feeling when they will collapse. Blockchain is very manipulated. I have a lot of friends and family and they never invest on anything before asking me first what I think. I have a good track record and they want a second opinion. Thing is many people asked me about Bitconnect. That is what make me think that Bitconnect is more popular than 7000 investors. There are at least 1000 different youtube channels promoting bitconnect. I don't think that more than 1% of investors promote it on youtube. I might be wrong, but I just can't comprehend that there are 7k subscribers. Should be way more. I did not know that they have IOS and Android app.
One thing I think we agree, when it comes to ponzi schemes, Bitconnect is a masterpiece.
It is a masterpiece of a Ponzi scheme. Your point on the number of You Tube Channels is an interesting point, that could be the result of one person making a lot of money and then a bunch of people following him. I appreciate your thoughts on this, I haven't had many good conversations to debate these points. I certainly can be wrong here, am I am guessing. I shouldn't expect anyone else to trust my numbers more than me, when I don't trust any of the numbers I read about myself. I will be interested to know if you find more concrete numbers. Great discussion.