Every one has seen the rise and fall of Bitconnect and now it is again trying to get back on it feet. It is bringing up an ICO @ 150 dollars which i don't think will be a hit. Why would someone buy a coin for 150 dollars when the current value of the coin is say about 23 dollars only. I don't know whether the company is trying to salvage some pride or trying to scam again and disappear with the money. Only time will tell but for now i would rather wait and watch rather than jump into a sinking ship.
Your view please.
Its very simple, they give 3 worthless coins for 1 worthless coins. It does not cost them anything but people will keep hope they won't take huge losses. At the end, new ico token will not even be worth as close to 50 dollars when they hit exchanges.
exactly a simple solution would be to stay away from it.
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thank you just followed you back looking forward to your posts and blog.
Pretty much. Don't throw your money at it. If you feel like gambling you can daytrade it. But certainly don't invest in it.
Seems to me like they're trying to drag the last bit of cash out of people with their ICO before they disappear forever.
exactly i would rather wait for the tide to settle rather than jump i for now. A dear friend of mine lost plenty of money, feel sad for him but that's crypto for you, some win some lose.