Many of us have invested our Bitcoins into the Bitconnect scheme, but unfortunately it was nothing more than a Ponzi Scheme that trapped greedy investors. They shut down their exchange and lending platform this week by giving some funny excuses. Everything that they offered was planned in order to take advantage of those greedy and lazy investors who thought that getting interest of 120% per year without doing any work is possible.
The BCC price went from $320 to just $20 within a week, which is shocking in itself. I really feel bad for those investors who invested most of their worthy Bitcoins into the project. I hope that they might recover from such an horrible indecent that took place in their life.
Bitconnect is still being traded on exchanges like HitBTC, Livecoin, and some other exchanges. However, its value is dropping drastically which is really unbearable by the whale investors of the project.
For further details read the following news article.
https://cointelegraph.com/news/bitconnect-ponzi-scheme-no-sympathy-from-crypto-community
The BCC price went from $320 to just $20 within a week, which is shocking in itself. I really feel bad for those investors who invested most of their worthy Bitcoins into the project. I hope that they might recover from such an horrible indecent that took place in their life.
Bitconnect is still being traded on exchanges like HitBTC, Livecoin, and some other exchanges. However, its value is dropping drastically which is really unbearable by the whale investors of the project.
For further details read the following news article.
https://cointelegraph.com/news/bitconnect-ponzi-scheme-no-sympathy-from-crypto-community
As a senior member of the forum and command this amount of exploratory discussion I expect that you must have read a lot about it and several concerns that have been raised on the issue of its ability to sustain long-term even beyond the forum to the other social media platforms but you choose to ignore because everything looks green and it seems its going to be forever but alas it came without warning that everything is about to go down.
The most important is if you have learnt your lessons because without that, another one will come and you would still put your money there only to regret later. Move on because the coming back of this is likely impossible.
