Tag: Bitconnect
Guide to PonziScheme.io – The Quickest Way to Lose Your Money
The most revolutionary Ponzi Scheme on the market has just hit the Blockchain. Not since Bitconnect has such an innovative pyramid structure graced the web. The name of the innovative blockchain project is “Ponzischeme.io” but don’t let the name fool...
BTC Global: Another Cautionary Tale of a Typical Ponzi Scheme
When most people think of cryptocurrency Ponzi schemes, the Bitconnect saga usually comes to mind. They laugh at the ridiculous characters and scratch their heads at the numerous investors who lost despite countless warnings. Yet, down in South Africa there...
PonziCoin: the Latest Ridiculous Phenomenon in the Cryptoverse
In the cryptocurrency ecosystem’s Q1 2018, one of the biggest and most tragic stories so far has been the apparent collapse of “lending” platform Bitconnect. From the outside looking in, Bitconnect was clearly a ponzi scheme barely disguised as a...
BitconnectX: Bitconnect’s attempt to Scam Investors Through ICO
During the cryptocurrency market crash this week, we saw one of the most well-known and longest running ponzi crytpocurrencies eventually closing its doors. Many people thought it was only a matter of time before Bitconnect would collapse and in its...
Colossal Ponzi Scheme BitConnect Has Officially Crashed And Burned
BitConnect, the legendary Ponzi scheme website that had taken the crypto world by storm and potentially gobbled up millions of dollars worth of bitcoin has finally collapsed under its own weight. Over the last year, the site has used affiliate...
BitConnect (BCC) – Inside The Concerns Surrounding The Cryptocoin
There are two distinct groups in the crypto community: those who sing the praises of BCC, and those who are unabashed in calling BCC and its associated lending platform an all-out Ponzi scheme that could come crashing down at any...