But you see, cryptocurrencies aren't debt-based. They have a fractional non-zero value that can increase over time, which can't be driven below zero due to the decentralized nature of it. That in itself makes the technology not a scam.
Bitconnect is a famous example of a pump and dump scam that dropped the value 99%. But it's still alive actually. Value is hovering around $1. When it was delisted everywhere it was around .9 of a cent.
If there were any kind of meme-like effort to put eyeballs on it just for kicks it'd spike up like every other coin during this bull market, to some extent.
The reason Bitconnect failed is because it promised more than the technology could deliver. Good cryptocurrencies don't do this, and they flourish.
But you see, cryptocurrencies aren't debt-based. They have a fractional non-zero value that can increase over time, which can't be driven below zero due to the decentralized nature of it. That in itself makes the technology not a scam.
Bitconnect is a famous example of a pump and dump scam that dropped the value 99%. But it's still alive actually. Value is hovering around $1.
If there were any kind of meme-like effort to put eyeballs on it just for kicks it'd spike up like every other coin during this bull market, to some extent.
The reason Bitconnect failed is because it promised more than the technology could deliver. Good cryptocurrencies don't do this, and they flourish.
But you see, cryptocurrencies aren't debt-based. They have even some fractional non-zero value that can increase over time, which can't be driven below zero due to the decentralized nature of it. That in itself makes the technology not a scam.
Bitconnect is a famous example of a pump and dump scam that dropped the value 99%. But it's still alive actually. Value is hovering around $1.
If there were any kind of meme-like effort to put eyeballs on it just for kicks it'd spike up like every other coin during this bull market, to some extent.
The reason Bitconnect failed is because it promised more than the technology could deliver. Good cryptocurrencies don't do this, and they flourish.