Wow... I went to work Sunday night and buddy tells me how he just invested $1000 into this... started going off about being .05% of the people doing this blah blah blah sounded like he was reciting an Amway sales pitch.
Memes and hilarious video editing aside- that conference looks like every pyramid/MLM scam superconference that I've ever seen.
[This is what the BitConnect price chart looks like today](https://i.imgur.com/IwMop2U.jpg
When they announced they were shutting down they told people "dont worry, you'll still have all your BCC tokens!" but those tokens are now worthless as you can see.
Tons of people have been warning about this for months, but still sad to see people that lost money on this scam. There were a lot of YouTube personalities shilling this thing, using their referral links to make even more money off of people.
And the pain isn't even over, we're still going to see tons of these other pump and dump cryptos plummet over the next few months. [A lot of them already have](https://coinmarketcap.com/currencies/tron/
What the h.... Who'd put money into something promoted this way? I mean alright I get people get blinded and think they're late to Crypto, but this is just baffling me.
That’s hilarious.. that high pitched “bitconnnnneeeeeeeecttt” is funny as fuck!
Cryptocurrency is getting ridiculous. You see everyone on the Internet buying coins and acting like they know how to handle complex finances yet none of these people would have ever considered investing in very high risk stocks and day trading. You have teenagers and young adults with no finance experience investing. I like to think of crypto as the quantum mechanics of finance: no one really knows what the hell it is and how to handle it.
EDIT: weird anectode. A guy I know who used to huff gas in high school is building a mining rig.
Vader - what colour is your blood
/r/wtf /r/cringe merge into one in this video
I've created a new cryptocurrency that does not require a computer called YaosHugs. Everybody can have as many as they want, can create as many as they want, and YaosHugs are always free. 🤗
Mods, can I get a loud warning on this bitch?
this is why you don't invest in random cryptos without doing your research
They took advantage of the people who look at bit coins and go "wow, wish i'd bought those when they were $10! Here's my chance!"
I feel bad for those that invested. But cmon, guys :/ Gotta be smarter than that.