Did the Bitconnect Exit Scam crash the markets?

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9y

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Lets be real, a lot of crypto investers were tied into the Bitconnect ponzi. With it's exit brings a wave of uncertainty, fear, and even loss for a lot who were invested in the bitconnect platform. A lot of people saw this coming, and it's probably good that it happened now rather than later. I suspect Tether will be the next ponzi to meet this fate.

I think this will happen to all scam coins in general. I think we could even see Ethereum and Ripple meet a similar fate. I've had some new crypto folks mock me for being a bitcoiner, but as we see, bitcoin pain causes pain to all coins.

Did the Bitconnect Exit Scam crash the markets? | Ecency