Hello everyone!
I hope you are all doing well.
Before i got involved with cryptos, what ever kind of investment was proposing/promising more than 10% - 20% would strike my ponzi alarm!
Yet we all know that with Alt coins are sliiiiiiightly different, aren't they? Crazy gains can occur overnight.
Nevertheless not even the infamous Bernard Madoff could have ever promised a 1% daily interest for your money.
Well that was the case with BitConnect and i was really surprised to see many people falling for it.
Thankfully the scam has been revealed officially and i hope you fellow cryptonians have stayed well away.
https://thenextweb.com/hardfork/2017/11/13/bitcoin-bitconnect-uk-ponzi-investment/
https://www.ccn.com/texas-officials-strike-bitconnect-cease-desist-order/
Stay vigilant and always Do Your Own Research.
Cheers everyone!