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RE: After Bitconnect SHUT DOWN: my take
It's a fucking ponzi scheme. There's literally NOTHING driving the value of bitconnect other than the people looking to make money on their platform. That money comes from new users. A business model promising 1 percent compounding interest daily is GOING TO FAIL. You are going to lose all your money and if you're dumb enough to invest in bitconnectx after bitconnect was shut down and a class action lawsuit filed against them, you deserve it.