Bitconnect and Regalcoin are dead?

[BMG86]

There has been an over saturation of lending platforms in the market. Literally the past 3 months, all sorts of new ones have popped up. I think a lot of people are just buying in the ico and dumping immediately afterwards.

[ahoenk]

Both coin are death and already predict it. And now still there are many project scam ponzi like this trying to steal money again from others. Just be carefull there are many coin created for ponzi from the start but there are many legit project. You need to do dip research to know about it and always read whitepapper before investing.

[ckorbba]

Both coin are death and already predict it. And now still there are many project scam ponzi like this trying to steal money again from others. Just be carefull there are many coin created for ponzi from the start but there are many legit project. You need to do dip research to know about it and always read whitepapper before investing.

and yet all this documentation is made by the developers themselves, and maybe even other people, but only under the guidance of the first. Thus, it can be said that all the information that is written in the White Paper can be built and made so as to deceive you as the truth.

[goyald2801]

best ponzi scheme of crypto was bitconnect .
carlos was best shiller of this .

such schemes only give benefit to early investors and for large number of people it turn out as scam .

op got panicked for 220$ price , hope he sold all his coins before its real end .

[surfinonmyownwavebaby]

Take it as a lesson these types of platforms will never have any traction in crypto or the real world. They can work for a while, but once people figure out the scheme or once money stop coming in then you see what actually goes on. There was another one called DavorCoin I think and the same thing happened within a couple of months. You don't want to be in a spot like Trevon James or Craig Grant are in right now, I would be immensely scared going up against the US government.

Hint: If a platform offers "guaranteed money", get as far away from that platform as humanly possible.