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RE: BitConnect Ponzi Eats up 7% of Mined Bitcoin Daily! Part 7
Now that BitConnect has collapsed this post seems like ancient history. It is of interest to note that Bitconnect's collapse coincided with a fall in Bitcoin. Now whether Bitcoin's fall caused Bitconnect's collapse, or if Bitconnect's collapse cause bitcoin's to fall is hard to say. It might -but probably is not a coincidence- and both might have been caused by some other factor. This factor may not have even been significant. I do think both collapsing about the same time is a valid observation, and this post certainly showed that there was potential for that.