R.I.P. BITCONNECT

in #bitconnect7 years ago (edited)


Hey Steemians!

Well - things are not lookng great in the crypto world today - but my sincere condolences for all Bitconnect holders.
Some thoughts, and lessons learned today.

As always, this is a Dtube exclusive, so if you liked the video, chin up - brighter days ahead!


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I recently discovered battle the world of cryptocurrency. When I read or watch videos about crypto-currencies, I often feel like my grandma when I tell her about the computer )))

Hahaa Dont worry I wont make too many vids about cryptocurrency battles, I tried to make it appealing to look at at least :)

Your video is really simple and straightforward, thanks for them). I'm talking about cryptocurrency in general))))

Nice think and creative news that is....
thanks for sharing this type of context....

Sad event in crypto world. Condolence to all Bitconnect holders.

I don't have much remorse for Bitconnect users. Everyone worth a shit had been screaming that this was a ponzi. People didn't do their research and now they are Rekt.

Not only that, but people supporting these scams by participating in them make the rest of crypto look bad. Same with Btrash, Tron and XRP. You dance with the devil you're gonna get burned.

Btrash loool! Harsh realities @rt395.

People may find that offensive. If they do then they do not understand what Bcash is and who the con men are behind it. Again, people haven't done their research.

Good video man, and while I had no interest in Bitconnect at all I do feel for some of the newer crypto investors whose first experience in this space will be Bitconnect.

I'm no lawyer, no financial expert, and can't point fingers because I've made some horrible decisions in my life LOL But like you said...This has to be a huge learning experience. Hopefully people don't fall for it anymore and pick solid coins in the future.

For anyone that lost big money on it...I feel for you. But like you said man, if it's too good to be true...It probably is. A tough lesson for a lot of people :(

With some 1300+ crypto currencies with an unproven track record and enemies with huge financial resources I expect more wild swings ahead. Too bad they know they can hit everybody by taking down just one token, leaving a long term strategy as the only option. Did you walk by the Ugly Duck (2CV at 3:13) on purpose? LOL!

Yes....correct... so sad @maneki-neko

Lucky me :D I only have bitcoin and STEEM for now.

I'm actually contemplating to convert bitcoin into STEEM, but still don't know whether I should do it or not :D

Winny out...for now ;)

I happen to have the worst luck ever. When Bitcoin is down, and I panic sell to cut my losses, thinking I'll buy back cheaper, I end up checking the price has 2x or more. Then I hop back on, seeing as it's gained momentum, just as the market corrects again. Just HODL. You'll end up with more bitcoin that way. :) But feel free to do whatever. Not financial advice my any means.

Thank you mate! :) Appreciate it loads!

I actually bought some Ethereum with Bitcoin, but still holding on to bitcoin.

Winny out...for now ;)

Right on spot, witnessed it while on the breaks at work and I agree that hot people burn and cold people will earn. Enjoy the LSD colors in the background, fits with your voice.

Oh how the tides have turned. It was the rational people who realised that the absurd interest rates suggested some kind of unsustainable business model or a ponzi scheme.

As Charlie Lee's rule of thumb goes:
"If it looks like a 🦆 , walks like a 🦆 , and quacks like a 🦆 , then it's a ponzi."

Looking forward to your future posts :)

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