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RE: BitConnect Ponzi Dumps 75% High To Low On "Website Hack" - Touches $38 - I Told You To Get Out
I learned my lesson from GLBSE. I watched closely when pirateat40 was scamming. I'm still bamboozled how so many people still fall for these scams.
This is a sad day.
I find it interesting that Pirateat40 offered almost the exact same peak gains as BCC.
It seems that getting near the "1% a day" threshold causes all logical function to cease in average-to-below-average IQ human brains.
The silver lining is a 75% dump in a garbage asset usually shakes the long-term confidence badly. This could be a death spiral, which will at least mean no new suckers get roped in.