Great article, thanks for your honesty... I wish Bitconnect were as transparent - like you said they must be 'insane but also quite ingenious'! Do you think the scheme will collapse before the SEC or another regulatory body closes them down?
RE: Theory about Bitconnect and how they can keep paying out investors ongoing...very interesting!
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Theory about Bitconnect and how they can keep paying out investors ongoing...very interesting!
Thanks, I am happy for people to invest in things like Bitconnect as long as they are aware of the risks involved. I think it is very difficult for the SEC or any other Government body to shut down sites like this as they dont have the authority and probably wont have the authority for some time to come. I believe Bitconnect can and will continue to run as it is for many more months.
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