The price of the bitconnect now is around $220 which started from $0.15. That is so crazy!!!!!!!!
I agree. However, the sad thing is a lot of people will always think that these HYIP are not scam until they are become a scam. So even with endless warnings, many people choose not to listen to these advice and choose to believe what is benefit to them.
Yes, and while it will hurt a lot of people, it's also going to be incredibly damaging to the industry as a whole. Remember how long it took for the industry to recover from the Mt. Gox debacle. Yes, we're well past that now, but there was a long period of time where there was a complete lack of trust in crypto because of situations like that. And while that was a hack and these are scams, they will have similar effects.
