I'm also hearing a lot of enthusiastic noobs going elbow deep on scammy pyramid crap like bitconnect and USI tech.
They should have imploded quickly, but the rapid, sustained growth in the bitcoin price has let them grow into monsters, with rabid fans gambling grandmas silver based on their previous 'wins'.
It's going to get ugly alright.
yeap. leading pyramids like Bitconnect show that 1) we are no near wide adaptation and (2) the markets can remain irrational before people can remain solvent. (WB)