Bitconnect (BCC) scam proves why you shouldn't trust anyone

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Hi,

I am Crypto Coins and I make videos :-)

Bitconnect was a lending and exchange platform that allowed users to stake, invest, trade and mine Bitconnect. It was promising crazy returns and income simply when holding the tokens.

Apart from having their own exchange BCC was also listed on HitBTC, Coinexchange and Livecoin. Most of the volume (90%+) was going through their official exchange.

Bitconnect was raising a lot of controversies with many people labeling it as ponzi, scam and pyramid scheme.

On 16th of January the article was published on the Bitconnect website annoucing the closure of the Bitconnect lending and exchange platform.

People holding the balance in their lending wallet were given Bitconnect tokens at the value of 363.62 USD per token.

The problem is that people started selling tokens on other exchanges which tanked the price to around $15 at the moment.

This means that people lost a lot of money.

The Bitconnect X ICO will still happen (lol).

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