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RE: Are people fleeing BitConnect?

in #bitconnect7 years ago

Also, I find it extremely suspicious how correlated BCC price and BTC price are. No other coin is so correlated to BTC. If anything I'd expect there to be a somewhat of an inverse correlation as BCC purports to be a vehicle to trade out of BTC in order to make fiat USD loans. We might expect a flight to a fiat based instrument during a BTC price crash for instance. The charts look nearly identical. It's almost as if someone is literally copying trades from a BTC exchange and pasting those exact trades into the BCC exchange:

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76237.03
ETH 3033.90
USDT 1.00
SBD 2.62