RE: Don't Rule Out Bitcoin Cash | Vlog #98

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Don't Rule Out Bitcoin Cash | Vlog #98

in bitcoin •  7 years ago 

Hey! Thanks for the thoughts! Appreciate it. I wanted to ask you @louisthomas, have you looked into BitConnect, and now the EthConnect ICO?

https://ethconnect.net/

I'd like to know your thoughts on that... Thanks!

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EthConnect seems pretty scammy from what I've heard

They're both complete Ponzi schemes. The only money that comes into either is from investors, interest is paid by the next person investment. Eventually the influx of investment won't be enough to keep up with the interest and bitconnect/ethconnect will take what's in their accounts and split.