BREAKING NEWS: Bitconnect At Least Partially Shutting Down(and a Tether Update)
It looks like Bitconnect will be shutting down it’s lending/exchange site for a multitude of reasons(https://twitter.com/coindesk/status/953372128514052096?s=17). There is still hope BCC, at a later date, will remain accessible to those outside the U.S. but no one knows for sure. As it stands the site appears offline. We’ll see what happens.
If this news holds true(likely making BCC a Ponzi scheme) this might not be the last collapse we see... What do you guys think?
UPDATE: Supposedly more Tether has been printed so we should be ok for now!
Sometimes it will happen but don't worry, it's the natural way of the cryptocurrency,
CoinDesk tweeted @ 16 Jan 2018 - 21:03 UTC
Disclaimer: I am just a bot trying to be helpful.