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RE: IS BITCONNECT A SCAM!? INTERVIEW WITH @JACOBCARDS - Crypto Nights Episode #15
I think it’s a scam, their only luck is that bitcoin price keeps rising but it could not last and if Bitconnect collapses and maybe Bitfinex/tether too another obituary will be written, good chance to buy
If Bitcoin price were to drop below say $6-7K again Bitconnect might go under. The thing that keeps them going is the fact that BTC price AND their token price keep going up. Recently their token has been declining v BTC price which is unusual since they were trading at nearly 0.04 BTC per coin and now they are under 0.03 BTC each.