So after over a year of constant warnings and red flags about Bitconnect, looks like the day has finally come that they shut down their services.
Now they say they are working on Bitconnect X exchange platform but let's be serious, who is really going to use that? Actually, probably the same people that used Bitconnect in the first place will...
Here are a couple people that have been shilling this scam for so long. Why people listen to these guys is a mystery to me.
Aside from Bitconnect, the entire crypto market is in a downfall and there are some users that give their predictions and "expert" analysis on different cryptos like STEEM/SBD.
https://steemit.com/steemdollar/@haejin/steem-vs-sbd-do-not-underestimate-sbd
At least he had a disclaimer...
Please do your due diligence and understand the risks when investing in a particular crypto. When it comes to crypto, it's good to understand the economics and fundamentals. Especially looking at the development and Github is a great tool to use to determine if it's a crypto you want to invest in.
Now I'm no crypto expert myself, but I play one on T.V.