BitConnect Resumed Bitcoin Deposits & Withdrawals
For those in the BitConnect is a scam camp the actions of the company over the last few days strongly go against their opinion in favor of the company being not only legitimate but standup.
BitConnect had stopped deposits and withdrawals of Bitcoin a few days ago on July 29th, 2017 due to the upcoming Segwit and uncertainty in the Bitcoin community about the volatility that might follow. With the company turning off access to withdrawals some people thought they would never turn them back on. If BitConnect was a scam this was the optimal time to run away.
Bitcoin deposit and withdrawal services have not only resumed - but unlike many popular exchanges that were holding clients Bitcoin during the fork who did not distribute Bitcoin Cash (BCH) to holders of Bitcoin, BitConnect has already distributed Bitcoin Cash (BCH) to anyone that was holding Bitcoin.
That definitely doesn't reflect the actions of a company running a scam. They would had kept all of the Bitcoin Cash like many of the exchanges have instead of passing it on to their clients as well not reopened their withdrawals of Bitcoin after pausing them during the uncertainty.
Bitconnect lately does make me want to do a real investment in them.
Coming back online with withdrawals as promised was a huge confidence booster for everyone.
Thanks for the post. This was good news for us that are involved in BitConnect.
I am surprised a post about BC not only didn't get flagged but got some steemitbot upvotes. well done! Does that mean the unofficial steemit campaign against BC is over?
It was an informative post without any affiliate links. No reason to flag at all. Dunno about the Steemitbot vote though. Weird.
That is really an eye opener, thanks for the info
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Not a bad sign..but don't all Ponzi schemes pay their debts for a while?
Price of BitConnect has risen from cents to over $65 (BCC) today. If it were a ponzi they would had taken the hundreds of millions of dollars they have made plus their clients and ran. One year has passed. They are looking solid and legit.
Thanks on the reply @jordanlindsey. I'm not saying they're not legit necessarily, just that hundreds of millions can be tempting.
I got a bellyRub and this post has received a 9.28 % upvote from @bellyrub thanks to: @jordanlindsey.
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