I am still kind of unsure as to how bitconnect had a major percentage of the cryptocurrency market. One of my theories are that as soon as bitconnect fell, many people thought that other currencies were like this and decided to drop out as well. Then we hear about other coins like Hextracoin and Davorcoin who come in. I am a little sketchy about joining these lending groups as they are bound to fail at one point as the same concept is in these groups. As for the price of bitcoin falling to 9k, likewise, everyone needs to basically calm down as this isn't the first time it dipped like this. Right now, the value of bitcoin is 12.94 thousand dollars. So essentially the coin is climbing back up in price meaning that investing into cryptocurrency right now is perfect. Of course, the market needs some time to recover after the whole bitconnect thing happened. But with all the panic, yea it needs to calm down a little.