
Bitconnect: The Wannabe Bitcoin Ponzi Scheme | Multi Level Mondays
iilluminaughtii
00:00
BitConnect - The Real Deal
In 2017, BitConnect was in the 20 largest cryptocurrencies. Their market value at 1.43 billion compared to Bitcoin's 304.5 billion is still nothing to scoff at. People who were able to cash out their profits daily chose to compound it instead because why wouldn't you? Some claimed they were making anywhere between $1,500 to $3,000 a day, and of course they just keep fumbling that money right back into BitConnect because it was serving them so well. YouTubers came out with videos insisting that it was just like Bitcoin insisting that BitConnect was the real deal.
Transcript
Play full episode