Even if it is a scam, they will be exchanging a zero value coin for something. If it ends up being a scam, no harm done. I don't see anything wrong with that as long as it's not a revival of a dead ponzi scheme for a new one that asks new funds from bcc holders.
I read all the horror stories from people who lost everything on this ponzi scheme, so I think any community driven project to help those people out should be supported. Bitconnects demise didn't just hurt bcc holders it hurt the entire crypto space. I believe the community, especially on this forum and especially senior members of this forum should help out all those people who lost their life's savings instead of bashing them as idiots. Look at the proposal, use your experience and expertise as senior members and scrutinize the new proposal to make sure it is legit.
We need more people into the crypto community to make this revolution mainstream. Driving them away is not the solution. We all made mistakes when we were starting this journey.
I read all the horror stories from people who lost everything on this ponzi scheme, so I think any community driven project to help those people out should be supported. Bitconnects demise didn't just hurt bcc holders it hurt the entire crypto space. I believe the community, especially on this forum and especially senior members of this forum should help out all those people who lost their life's savings instead of bashing them as idiots. Look at the proposal, use your experience and expertise as senior members and scrutinize the new proposal to make sure it is legit.
We need more people into the crypto community to make this revolution mainstream. Driving them away is not the solution. We all made mistakes when we were starting this journey.
You're contradicting yourself. If the Bitconnect scam "hurt the entire crypto space" then you can't claim "[if] it ends up being a scam, no harm done".
I looked at the above "proposal" of this high-yield masternode bullshit and I stand by my opinion. But those who put their money into Bitconnect didn't listen to the warnings anyway so you can stop appealing to the community. If someone wants to convert their BCCs to some other shitcoin - it's their choice, just as it is my choice to call out various shitcoiners fishing for gullible idiots in this thread.
Fair enough, you got a point there. It is contradicting.
On the other hand though, even though it definitely is your right to call them idiots, I don't think it is proper to call 1.5 million people idiots. At least not now.
Definitely call them any names you like as a warning when the scheme was still operational to protect them, but kicking someone when he is down, I'm sorry, but that's just wrong.
All I'm saying is we all make mistakes. I've been around since the beginning of bitcoin and was I tempted to invest in bitconnect? Of course I was. I was definitely curious to see what the fuss was all about. I took the time to read their code and I have to admit they did some good work. But the platform didn't look sustainable and that corny show of unprofessionalism at their annual event with cars and money falling from the ceiling convinced me it was a ponzi scheme. But I did mine their coin and made good returns on the way up. I was lucky that pow mining ended much before their demise. But I do feel for all the people that fell victims to these scammers. And if the community is willing to help them even though they were greedy I will support it. As long as it is a community effort and endorsed by some of the senior respected members of this community.
