Magic Mirror on the Wall: Screw Rhymes and BitConnect as Well!

So, the Ponzi Scheme finally blew the limbs off of everyone involved save a very smart and very cunning majority.
This was bound to happen, and it is to my suprise that I find a lot of people...well... surprised!

So, the Ponzi Scheme finally blew the limbs off of everyone involved save a very smart and very cunning majority.
This was bound to happen, and it is to my suprise that I find a lot of people...well... surprised!

You could tell BitConnect was an obvious Ponzi scheme on steroids, so why are people surprised?

Well, the developers know this, but here's something to consider:

Humans LOVE Ponzi Schemes!

Deep down inside, they know it was a scam, but it didn't matter... everyone wants money with no work required... it's the utopia we all chase.

There's a HUGE MONUMENTAL difference between BitConnect and Steemit, and I'll approach that, as well as how to detect future scams and on how to scream SCREW BITCONNECT with all your might!

After all, it gave crypto a bad look and made all legit projects darker on the mainstream picture.

The Scam Signs: How I Identify Scams!

There are a lot of scam signs you can look for in these projects, and not surprisingly BitConnect had them ALL!

Here's what you should be on the lookout for:

• Bad Grammar: Their Pages were obviously not written by natives, and there were no proofreaders hired... so professional.
• Absurd ROI with little to no explanation: Say "Volatility Engine" on more time! I dare you!
• Not Trusting Their Own Model: They wanted BTC, not their worthless BCC.
• Artificial Increases: You were essentially buying with BTC, therefore always increasing the BCC's price artificially - then you would even give the BCCs back to the platform.
• Referral Programs: One thing holds true for all of these scams... Ponzi schemes die with no new entrants! Heck, when

After the same amount of research and the same variables researched, I found out Steemit was not a scam and BitConnect was indeed a scam... so could you if you cared enough or avoided that "Greed" bug who blinded your thought.

Stop Saying one of The Biggest Altcoins Fell:

I'm getting sick of all of the comments I'm seeing online about how one of the largest Altcoins fell.

Each time anyone says this, a good crypto kitty dies!

Humor apart, BitConnect was never an altcoin, it was a shitcoin that shouldn't even be included in the crypto talk.

Each time people say one of the biggest altcoins fell, they're hurting the cryptocurrency ecosystem.

Steemit is a Golden Project: NOT a Ponzi!

Finally, I'll just cut this post short, as this was just a rant on all of you guys that are either surprised by how BitConnect ended up, or that claim it was one of the "Biggest Altcoins".

Don't confuse a project like Steemit with BitConnect... Steemit is legit, and it will only grow.

Not only that, it is HEAVILY UNDERVALUED as opposed to BitConnect which was artificially OVERVALUED.

Consider this, and consider the fact that with Steemit you can earn a lot more interest, because it is legit, scalable and long term.

Cheers

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