This thread is getting more than ridiculous. As long as the developers (who apparently don't know the owners) keep the site running, it is virtually impossible for it to even collapse. Are people saying bitcoin can collapse? Yes, the price can collapse at any time, but it will carry on existing. Can someone tell me how bitconnect can actually stop running? Do you think they will not have enough BCC tokens to pay USD loans back? How is that even possible.
LOANERS DO NOT CARE HOW HIGH OR LOW THE BCC PRICE IS.
There will still be people loaning if the price ever collapses back to $1.
Yes, if the price collapses bitconnect may need to pay people 100x the BCC coins that they currently would do for the loans, but it doesn't change the fact that most loan amounts will stay in the system and won't all need paying simultaneously and most are only paid slowly over many months. This will give plenty of time for the price to climb back up. There is no conceivable way that the system can collapse, in my view. Up to this point, in around a year of operation, they have made huge profits and have been accumulating more and more BCC tokens and not losing them.
The only recent question mark is their reason for adding a new exchange which is HitBTC, coming in a few days. This exchange has very high volumes (higher than bittrex etc as can be seen on the
https://coinmarketcap.com/currencies/bitcoin/#markets link) and it may be a way for people to offload much larger amounts of BCC tokens without crashing the markets.
At least that puts to bed Gleb's recent ridiculous claims of shenanigans on their internal exchange.