Bitconnect scandal

Discussion in 'Cryptocurrencies' started by traderjo, Mar 10, 2019.

  1. traderjo

    traderjo

    https://7plus.com.au/sunday-night?episode-id=SNIT19-007
    1% return for a day! people are just stupid or what? sad that people got scammed but they have themselves to blame.. and the regulator too , a toothless watchdog why on earth ICO are not as regulated as an IPOs! IMO stupid, smitten by technology and for not to be seen as backward and anti technology regulators are shying away from scrutinizing this "FINANCIAL PRODUCT"
     
    Nobert likes this.
  2. zdreg

    zdreg

    Government regulators by their nature react after the horse has left the barn.This is the usual state of affairs like recently binary options and numerous other examples in history.
     
    MoreLeverage and Nobert like this.
  3. traderjo

    traderjo

    yes true mostly.. hence the term toothless wathdog
     
  4. d08

    d08

     
    fan27 and Nobert like this.
  5. schweiz

    schweiz

    This was on youtube before Bitconnect crashed:

     
    Nobert likes this.