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RE: Proof Bitconnect's Bot it Going Broke!
Did you take into account all the Bitcoin they take in? You don't think they just hold onto that, do you? They make backend deals with exchanges to provide them with bitcoin to sell for the current price plus part of the exchange fee.
First this proof is not complete, because they could be the path could be you deposit bitcoin convert to BCC then lend to them, then they could convert to BTC. They could convert back and forth between BTC and BCC and all those transactions would be caught by my research. However, if they take the BTC and change it to USD or another crypto currency that is not caught by this research.
They do take in a lot of bitcoin and I have heard this idea of them doing backend deals with exchanges to provide them with bitcoin liquidity. I believe the first youtuber I saw suggesting this was Ryan Hildreth. This is not how exchanges work. Even if it was then coinbase would simply buy the cheapest bitcoin they can find. They would not pay premium prices to Bitconnect when they could pay a lower price at another exchange.
@cryptotim market makers, exchanges, brokerages etc. try to keep as few shares or coins as possible on hand because they assume more risk by holding more. In fact if they have to hold more that means they will increase the bid ask spread. If you read this link, read the whole thing, it may make more sense why Ryan is definitely wrong http://www.investopedia.com/terms/m/marketmaker.asp As a general "sniff" test to see if what Ryan and others are saying makes sense think of Bernie Madoff. He had multiple billions of dollars of securities under his control and promised only about 10% a year, yet could not maintain the Ponzi once the market had a downturn. I suspect this will likely be the case with Bitconnect. I think in the long term the crypto market will go very high. However, at some point I think there will be a significant drawdown. When that happens Bitconnect will likely collapse.