RE: Breaking news: Bitconnect say they will pay back all their investors in Bitconnect coins, not Bitcoin. Edit: bitconnect price now down 88%
I follow many youtubers and many of them are warning about bitconnect. but the problem is most of youtubers want to earn through their MLM scheme. they know that this can be a scam but who cares. they take there profits and when it's come to scam, what they do is, behave like they also get scammed by them more then you but in actual they are in huge profits.
History knows that the MLM scheme are waste of time and almost all of them are ponzi, then why peoples go for it. the reason is youtubers, who encourage newbies to join through their referral link and and they stuck in there hoax, after taking huge profits youtuber came out of it because they aware about these type of scams and at this point newbies stumble and learn their lesson. i was also get scammed once that's became my lesson.
The golden rules of crypto is "DO YOUR OWN RESEARCH" and before investing ask yourself that "HOW MUCH YOU CAN AFFORD TO LOSS"
Half knowledge is worse than no knowledge
Never invest by just listening to others
Well thanks for this article and awareness. best of luck, have a good day.
"I'm not saying you should invest in Bitconeeeeeeeecccct, but here is my ref link if you want to try it out"
Pretty much the majority of Youtube Promoters.
:)