Bitconnect Closes Virtually Its Entire Operation, BCC Token Drops 87%
i have warned you guys about never invest in bitconnect and what i said came out dear friends i recommend you to never invest on a lending platform.
best to invest on steem lisk or bitdegree for this moment.
Bitconnect has formally closed its lending platform and cryptocurrency exchange following warnings from Texas and North Carolina regulators. The Bitconnect Coin (BCC) digital currency is down 87% today and 93% from its December 29 high of $437. At press time, BCC is trading for just $30.
Ponzi-like
Many in the digital currency community have called Bitconnect a Ponzi scheme, including Ethereum founder Vitalik Buterin, according to TechCrunch. Such accusations were based on the multi-level referral system and the promise of up to 40% earned interest, plus a daily bonus of up to 0.25% per day, on each loan. The promise of risk-free high returns is often typical of a scam - if it sounds too good to be true, it probably is.
Bitconnect Coin’s website describes the currency as:
thanx all for the replys guys remember lisk and steem and bitdegree wil be huge comming weeks or months dont miss the runs
i never liked them and never trusted that bitconnect hahaha
How lucky are you.
bitconnect is disconnect
i just lost a lot of money with BCC bro. i need some boost 🧐
Fortunately I did not join and invest there .. Though a lot of lucrative solicitation with a fantastic slogan. GoodBye BitConnect!!!
its been so long i havent into steemit ..and i am back ...i always read you posts at first :) now daily updates to you ... thankyou for so much info you have helped me alot
Huge lose for bitconnect investors :( Thanks for sharing this informative post, Yes bitdegree is good option. @bitcoincompany
BitConnect was a scam, good to see this finally happening, but despite the 90% price crash it still has a 100 million market cap which is insane.
Thanks sir sharing bitcoin news.
It is a good and healthy new for the crypto space.
thx bro you the best:d