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RE: The BitConnect scam exposed
There is no question BitConnect is a scam. It has all the characteristics. Early adopters to these scams who know when to get their funds out can realize those returns, but only at the expense of the principal of all the other suckers who put their money in afterwards. If you promoted this to your YouTube audience, then I'm calling that a misuse of your influence.
here is a steemit post about someone who loaned $1500, got it back, and made $842 in profit on the loan. https://steemit.com/bitconnect/@henry-gant/bitconnect-investing-before-i-wised-up-what-you-absolutely-have-to-know-to-gain-on-your-bitconnect-investment
And I won't be following that guy either. In fact, I will not follow anyone who promotes these types of "programs." Sure, they are allowed to exist, thanks to the industry not being burdensomely regulated--I get that. But anyone who promotes such schemes is displaying a profound ignorance of sound investment principles and quite possibly also a subconscious view of their audience as a thing to be parasitized.