So I find this today just researching bitconnect's ICO and find out that Texas is now banning the is of bitconnect. I really don't understand bitconnect but just another way of the government sticking it's hand in the freemarket.
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However it is kinda justified for bitconnect is a ponzi scheme
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You think it is? I'm not familiar with it seemed pretty interesting not sure if it's worth it right now.
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Here proof:
https://www.scambitcoin.com/bitconnect/
https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed
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Ok def will check it out I hear it's pretty cool but it was to confusing anyway did you get burned by bitconnect or know anyone that did?
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got burned by couple of similar scams. It called ponzi scheme they pay out but only for a time. Bitconnect is something special due to the fact they hold most coins they can earn by pos. And the fact it pays it usd makes it more sustainable as long as bitcoin prices are get higher the less they have to pay.
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Oh wow sorry to here that what's your favorite coin so far?
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Here my post stating what coins i plan on buying/hodl
https://steemit.com/investing/@sames/i-am-spreading-my-funds
https://steemit.com/crypto/@sames/coin-i-plan-on-buying-before-beginning-of-the-new-year
And adzcoin a coin that encouraging alternatives ads
https://cryptoinformationgiver.xyz/bitcoin-lessons/
see that bee sign on my site that the alternative/ addition to ads by paid ads on their site along with more revenue stream( it a profit share system) and the fact they going to launch an exchange similar to kucoin this month. If you want to sign up= https://adzbuzz.com/go?r=ahsanulkhan
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Yep: https://www.ssb.texas.gov/news-publications/4-billion-crypto-promoter-ordered-halt-fraudulent-sales
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I will check this out thanks for the link are there any others they are going after?
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