I feel bad for the guys who invested in BCC aka Bitconnect. I had my account there too and i invested a little and made it back in time before it shut down, i was lucky i guess. When i checked my wallet today i was refunded my investment amount as BCC tokens which is still my profit for now. Valued on HITBTC for 11 usd per token yesterday i thought it was doomed… but you know what? it’s actually climbing as i'm writing this and it’s sitting as 17 usd for now.

I can see a lot of buy orders on HITBTC some buying upto a 1000, why are they buying? Clearly there is something weird going on... could it be the guys who created this mess in the first place or the guys at Bitconnect? nobody knows... but one thing for sure is that something stinks.

This whole cryptocrash has everyone worried, panic sellers and what better time to ddos or attack a website that people already claim to be a ponzi scheme from the beginning? don’t you think there are too many attacks on crypto this week alone? someone is desperately trying to shut down the cryptosphere and as always it will come back stronger.

My advice, wait.. don’t jump to conclusions. This is a market dip… and a huge one.. we can expect anything and by expect i mean it’s all up to you guys… the more you are afraid the harder the market is gonna fall.

This is the oldest trick in the market.. create fuds and destroy any market place in a matter of days or minutes.

Funny all this happened when they announced BitconnectX, which is an exchange or another ponzi? or scam? nobody knows. All i can say is the timing couldn't have been more perfect.

It’s really easy to call something a scam and create panic in the market but nobody really knows what the truth really is, most of these posts you see on blogs and twitter are fresh accounts getting attention and click baits, in all honestly they don't give a damn about how much you lost.

It can only be resolved over time and my advice.. HOLD.. we have another MtGox situation here.. we will prevail.. but we have to be strong and for once understand the politics behind all this.

Surely i will get many hate comments… but the truth MLM marketing has been known to make people a lot of money, mostly the ones who were the early adopters. It may look like a scam but i think their next step was to to get BCC tokens to be exchanged on bccx and the exchange market being the base could make it quite a stable currency. Unfortunately it stalled due to claimed attacks and market panic.

Maybe there is something to this... create a fud to sell for pennies and then buy it all up again and invest in bccx? you never know.

The problem is when we panic, we miss out all the details and rush to save our money, investments etc. without even considering that this could also be another scam pushing the media to promote more fud so they can buy at an all new low or shut down another exchange that could be unstoppable.

Hang in there guys, these are tough times. These was just my two cents on this subject.