BitConnect market cap dropped from 2 billion to 600 million ?

lakimens

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PVxYGaa1UZM6oDqW3ZKe4Esi18DgwBpDkr

Quote from: ?? on ??

Update:
Our BitConnect cryptocurrency will be removed from all exchanges on March 19, 2018.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
From that day, the currency will no longer have any value and will stop circulating.
Follow the instructions in the following article:
http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26

You can check future updates through the BitConnect twitter.
https://twitter.com/BitConnectUK

For technical problems related to the synchronization of your wallet, you should contact us by email by writing to [email protected] or visiting our website www.bitconnect.co

They believe you, definitely. Current rate of $142? It's literally $2..

totnaksquad

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Activity: 182

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Revolutionising Marketing and Loyalty

Only newbies like me would ever touch the Bcash but if you are researching before investing in anything it wont be a problem.

topesis

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Activity: 630

Merit: 500

Quote from: NaissuR on December 14, 2017, 06:34:57 PM

BCC... one of those coins you hate because you didnt invest in it on the beginning Sad

I can't wait to see you face when this house of cards collapse, BCC is a scam from scratch, it is disturbing to see some people closing their eyes to the obvious. I don't know how the developer is sustaining the scheme till now but this is a not going to end well because alot of BTC will be lost

matsusomoto

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Merit: 10

People realizes that this shitcoin is a well crafted ponzi scheme thats why they dump this coin.

snackman

sr. member

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Merit: 250

snack of all trades

Quote from: twobits on November 04, 2017, 10:55:05 AM

Quote from: razzor85 on November 04, 2017, 09:21:42 AM

Is the the Game over for BitConnect? Shocked

Today the market cap dropped from 2 billion to 600 million.

In October we had 7.238.551 BCC https://web.archive.org/web/20171023022949/https://coinmarketcap.com/
an today only 2.138.092 BCC coins.

My favorite altcoin slogan "Shitcoin to the moon! No to the mars!! I like these shit times" Wink

And now they make a new advertisement in coinmarketcap "invest in BitConnect". Shocked

https://coinmarketcap.com/currencies/bitconnect/
What the fuck already happened with the bitshitconnect, It looks the supply already manipulated by the developer. Glad to see the bitconneck already kicked out from top 10 coinmarketcap.
Bitconnect try to launch the next advertisement to plunged a lot of the new comer into the bitconnect's ponzi scheme.

I'm agree with you I think bitconnect is a ponzi scam. but I dont know how they can live for a long time like this. even price reach x100. how?

10000BTC

full member

Activity: 238

Merit: 102

That's a big question to be answered by them, why such a big drop?
It will be nice if we get a good answer from them.
I have some investment there though waiting for it to mature.
this is not a good sign for me at all.

Mearntain

newbie

Activity: 7

Merit: 0

I wouldn't go so far as calling bitconnect a scam myself, but I also do realize that it is impossible for them to stay around permanently (at least with their current rates).

Is it sustainable for the long term? As in a year or 2 more? I really do think it Is possible. But I still wouldn't feel comfortable locking my funds in for 299 days personally.

It definitely is interesting with the significant market cap decrease, and I'd be really interested in knowing the reason behind it.

rockyfeller

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🚀🚀 ATHERO.IO 🚀🚀

Bitconnect is a big scam. we're you get new investors to pay out the old investors and you'll get a fee from them if they withdraw or get funds in lending. Bitconnect is a total scam a HYIP sites that everyone needs to be aware of

NaissuR

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BCC... one of those coins you hate because you didnt invest in it on the beginning Sad

European Central Bank

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Quote from: Fredmartin on December 14, 2017, 06:26:49 PM

Thank you for your answer !

It is rather a good thing, it should not that a rotten fruit spoils the basket. There is no way to stop that ?

yes - http://bitguru.co.uk/bitconnect-could-be-shut-down/

but it's possible they'll collapse before anything is done by the authorities. or it might limp on for a long time.

either way no one should care other than the people who put money into it and they've had enough warnings.

Fredmartin

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Thank you for your answer !

It is rather a good thing, it should not that a rotten fruit spoils the basket. There is no way to stop that ?

European Central Bank

legendary

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Quote from: Fredmartin on December 14, 2017, 05:42:35 PM

What do you think that it can happen when this ponzi scheme will go down and let at lot of people with losses ? We speak about a market cap of $1 776 631 069 USD do I have to consider that this amount is the global value of the scam ?

nothing. almost all of that volume is taking place on an exchange they control. and it's probably bullshit anyway. it's a drop in the ocean and no one else will care.

the only potential botheration to the bitcoin market is the scammers running it attempting to dump their conned bitcoin all at once.

Fredmartin

newbie

Activity: 14

Merit: 0

What do you think that it can happen when this ponzi scheme will go down and let at lot of people with losses ? We speak about a market cap of $1 776 631 069 USD do I have to consider that this amount is the global value of the scam ?

johntradez

member

Activity: 161

Merit: 11

If there was a mistake in the coin supply, then I would think coinmarketcap would backdate those corrections. And if there was a token burn or something then I would think they would have said something.

This seems fishy. Even for something as fishy as BitConnect. Money magically disappearing. And I'm seeing more ads for BitConnect on coinmarketcap than ever before. It almost makes you think coinmarketcap was colluding with BitConnect to make it seem like BitConnect has more room to grow than it does...... but no way that'd be crazy

kingvirtus09

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www.Artemis.co

Yes it's a shitcoin, for me it's a HYIP that listed on top markets. pretty sure they attract more investors. right now it dropped on top 20. people will realize that this coins is a shitcoin.

prtty2gal2

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Activity: 1092

Merit: 523

Quote from: Slow death on November 04, 2017, 11:04:26 AM

When I read the title I thought that finally they would have to be accused of ponzi scheme

Quote from: razzor85 on November 04, 2017, 09:21:42 AM

Is the the Game over for BitConnect? Shocked

Today the market cap dropped from 2 billion to 600 million.

they are always recruiting new investors, maybe the number of new investors has reduced, who knows ... unfortunately theyl are 15 in the coinmarketcap

Quote from: twobits on November 04, 2017, 10:55:05 AM

What the fuck already happened with the bitshitconnect, It looks the supply already manipulated by the developer.

these guys are scammer experts, they manipulate people, see that in Asia they have a lot of acceptance and they do a lot of publicity to recruit more people

Yes but as we all know that bit connect coin is one of the decentralized economy that has become common in today's world due to ease of access and user friendly nature. The market capitalization has dropped to such an extent possibly because it has been stated as a scam.

The biggest fault that I feel is bit connect coin have some sort of restriction when it comes to transaction and bring out the money you have once put in your online wallet. It is somewhat like 3 to 7 months span before you can actually use the money or convert it into fiats.

mb808

newbie

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Merit: 0

Wow. Thats a big decrease

MadGamer

legendary

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Regardless of the scam accusations against them. The market capitalization represent absolutely nothing and It can decrease and increase based on the available supply which is the case now because the price didn't move much. If the marketcap actually decreased then this may be good for the coin itself as less supply, with more demand result in an increase.

Prettymie

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Activity: 406

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Wow its my pleasure to hear this news..im interested to no more about btc and to try in investing..

PokerDiceMan

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Undeads.com - P2E Runner Game

bitcoinnect can incraese very high volume transaction if new member join in lending system
without new member bitcoinnect volume transaction can down
because basicly bitcoinnect user not trader, but only ponzi player

Topic: BitConnect market cap dropped from 2 billion to 600 million ? (Read 4250 times)