You didn't lose your money... Ok, technically you kind of lost your money.
Lol, this video made by @trevonjb is a classic one. I don't get it how people can have faith in something like bitconnect which was clearly a scam from the beginning. Doing 2 minutes of research was enough to conclude that. So there are only 3 possibilities:
- They just bought blindly without doing any research.
- They don't know how investing and finance works.
- They knew that it was a scam but tried to profit as much before it collapsed.
I see we're having a bitconnect relapse with Abritraging, I see it being pumped by YouTubers hard. have you seen this? Have you heard about this?
No i haven't seen that. Will look into it.
The real truth don't follow that guy or suggestion.
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Yes i know but i don't get how he still got so many followers after being exposed by everyone who's serious about crypto/blockchain.
It's like the world on his head. When you would make serious trading video's i bet nobody would watch them. While if you sell a ponzi sheme all the idiots start to see dollar signs. It's like they don't even care about getting scammed.
But i do kind of get it. They just want quick profits without hard work. And that doesn't exist without winning the lottery. So those type of Trevon J people see the opportunity and try to sell snake oil to opportunity seekers.
People always want the easy way to make money without effort or research and love to follow people like him!
It's the same thing about the media. I hate it that almost everything is sensational clickbait. But if people wouldn't click on it they wouldn't write it. Who is stupid then, the media or the reader?
Selling scams is very profitable because there are so many dumb asses in crypto. People can't think for themselves.
If you tell someone it takes 5-10 years to become a good trader/investor they even don't want to start.
I don't know if i really blame scammers that much. People who buy them are really stupid.
Beautiful
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ok i guess
I lost a bunch on bitconnect. But I don't blame anyone because I am aware of the volatility of all cryptos first hand. Let's just enjoy what's left for us and be very keen the next time we will join another program. Is this your account Treb?
Sorry but that is total BS. The volatility of cryptos has nothing to do with the fact that it was a scam. The only thing you had to do was look at the claims they made (no proof whatsoever) and do the math. There was no way the business model was sustainable. That was VERY clearly from the beginning. Bitconnect wasn't even a cryptocurrency since they had no blockchain. Anyone that has a little bit knowledge of business would have predicted the collapse.
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