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RE: Bitconnect promoters go to ground and deletes youtube videos

in #cryptocurrency7 years ago

Cool. Not sure if it'll do much good though.
Main Bitconnect founders will probably disappear or they'd pull a brilliant scam only to stick around and face the consequences.
Youtubers can probably squeeze themselves out of it with a good lawyer and claiming they had no idea.
Not only that, by crashing the BCC token the way they did, there's no way anyone can possibly expect to get fair compensation for their losses.
Oh well. I don't want to be negative but, be realistic, don't get your hopes up too high. If you get some money back, great, but obsessing over it will only make things worse.

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No one really knew who was behind Bitconnect which is a huge red flag! I doubt that many Bitconnect investors will get their money back, however I think those behind Bitconnect as well as its prolific promoters should be held to account. There should be consequences for their actions.
And then for those who haven't invested in Bitconnect but thinking of investing in other lending platforms, they should use what happened to Bitconnect to make them think twice.
I have outlined some potential strategies to make some money from the lending platforms that are still running, eg Davor, Lendconnect, Thorncoin, here, however those strategies are very high risk and most like result in losses.