Hi there,
In short, I have a "Finance and Banking" background and I use this knowledge when it comes to my investments in altcoins. So, I applied the same approach when it comes to BCC (Bitconnect's cryptocurrency) and was shocked by the fact, that people still can be so stupid. It is as we never learned from the Dotcom-Bubble or the crash in 2007. People are blind as soon greed takes over!
Well, it is quite obvious, that this will be the largest Ponzi scheme in the history of Blockchain so far. I will definitely be enjoying the falling of the "selfmade" millionairs on YouTube, who promoted that bullshit in the first place. As an example, CryptoNick, who I respected so far, also started promoting Bitconnect. This is going to hurt the blockchain-community.
To sum up, I believe that Bitconnect's coins are not even worth a penny. Unfortunately, BitMex is decent and smart enough and hasn't come up with a future based on the underlying BCC. So far, I couldn't find a financial product which I could use to short that bullshit.
Anyhow, I want to benefit from those idiots investing in Bitconnect. So, does anybody know how to bet against BCC?
Best regards,
Simon