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RE: Are people fleeing BitConnect?

in #bitconnect7 years ago

I read somewhere on the internet that BitConnect "pressured" Coin Market cap into listing its own exchange. If you look at volume on Coin Market Cap by exchange.
https://coinmarketcap.com/currencies/bitconnect/#markets
you will see 94% of all the volume is on BCC. Lets talk about gorillas? Where does an 800 pound gorilla sit? Wherever he wants! Since, 94% of the volume is on the BCC exchange and Bitconnect directly and indirectly controls the BCC exchange it is not exactly a "free" market. BCC is that 800 pound gorilla. Since 94% of the volume is on that market, they can control the volume and prices. So that basically means they can send whatever data they want to coinmarketcap.

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