pyramid scheme - economic/market view if a big project fails

[emptyFridge]

Hi

I want to know what you think will happen if a big project fails and millions of dollars are burned..

For example, bitconnect has a marketcap >500.000.000$, if this project will fail and yes it will, the economic impact will be huge, there will be uncountable news about people losing money with cryptocurrency.
I think it will effect all other crypto projects and there wont only be blood on the streets, also bones and corps ... just imagine the outcome of the black death
This will be a great time to buy 

[pitiflin]

Hi

I want to know what you think will happen if a big project fails and millions of dollars are burned..

For example, bitconnect has a marketcap >500.000.000$, if this project will fail and yes it will, the economic impact will be huge, there will be uncountable news about people losing money with cryptocurrency.
I think it will effect all other crypto projects and there wont only be blood on the streets, also bones and corps ... just imagine the outcome of the black death
This will be a great time to buy 

What lame shit are you standing on? Bitconnect will fail, sure and people are going to listen to you, of course.
After all you're the economist of the century, aren't you, boy.
If big projects are going to be fail, then how did they end up being successful and big? People do their own diligence and then invest in something, right? So your logic here explains on how well knowledge you have and you seem to be an expert in it. 

[shinratensei_]

Hi

I want to know what you think will happen if a big project fails and millions of dollars are burned..

For example, bitconnect has a marketcap >500.000.000$, if this project will fail and yes it will, the economic impact will be huge, there will be uncountable news about people losing money with cryptocurrency.
I think it will effect all other crypto projects and there wont only be blood on the streets, also bones and corps ... just imagine the outcome of the black death
This will be a great time to buy 

The bitconnect already become the biggest fail project and it was turning out into the ponzi scheme, a lot of the people are realizing about that and another market capitalization list of the cooinmarketcap already delisted the bitconnect because a lot of people are suspecting the bitconnect as the biggest ponzi scheme in this time after the okcoin.
A lot of people already lost their money on there and I think you know about how the ponzi scheme works.

[emptyFridge]

Well I did not meant to discuss if a ponzi scheme will fail, nor did i want to discuss the great or failness of bitconnect or other clones.

From my point of view, they are the greatest scams of history, a ponzi scheme on steorids.. but people are dumb and will be dump enough in the future to believe that the great "trading bot" will make a daily interest of 1%

I wanted to know how you guys think the market will react if such a big project, like bitconnect, would suddenly vanish. How will the price and reputation of other projects be effected?