Topic: Bitconnect sold 50000 BTC (Read 567 times)
yes maybe that's the reason bitcoin goes down
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
if this true, this can be one from many reason
because there are a lot of reason for the down price of Bitcoin in this moment
but, i think bitcoin will never comeback to $1500 that is very imposible for me
Are you sure this is real news ? do you have any valid source ? if not this is just another FUD. Anyway 50k BTC its not that much money, i mean try to see daily btc trading volume on several market and see how much it is.
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
You sounds like you are proclaiming a ponzy site, not Bitcoin. Buy, buy and buy
50000 Bitcoins are just 550 000 000 or half a billion. I don't think that Bitconnect's money could disrupt so badly the market. The daily trading volume is 100x higher.
Exactly and very well said.
I also don't think 50000 bitcoin selling can badly disrupt the market. I have seen big sales but they have never disrupt the market 80% down. That's way too much of asking.
Wow that is a staggering number. Those figures put them around 750 million dollars. However volume for bitcoin has been around 10 billion a day. 50k bitcoins can put a dent in the price but not even close to crashing it.
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
Do you know the old history about casino Star Dust and the one clever but unlucky 'shortist' in 1980s?
Please find it in Google. That's very useful for those who advise to buy and buy... even if price falls down to hell.
ps about Bitconnect - it's absolutely immoral scam. I heard about some suicide of it's investors
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
You sounds like you are proclaiming a ponzy site, not Bitcoin. Buy, buy and buy
50000 Bitcoins are just 550 000 000 or half a billion. I don't think that Bitconnect's money could disrupt so badly the market. The daily trading volume is 100x higher.
It will be a combination of reasons, this might be the biggest story and like people said we all expected it well ahead of time. The problem is people new to crypto who are slightly dazed and confused and got caught up in that, its shame they could not have been warned more. I'm not sure if any big news channel jumping on the back of the general crypto story line took time out to do some journalism and call out BCC as a scam like enterprise ?
In any case the trend is greater then the sums of the parts. BCC sells out partly because the market was forcing a liquidity squeeze onto them and so it becomes part of the selling momentum. Markets always move like this, people hitch a ride on the way up and flee on the way down. Just general market profit taking, its not selling caused by BCC in my book. Its only part of the story.
Mt. Gox was big enough to distort the price upwards and eventually downwards, that I will take as the main strut to 2014 selling but I've not heard anything in the last year to parallel that effect. Which is good, we never want one thing to dominate crypto like that did as it makes for weakness. Decentralisation is king, stay away from anything that doesnt make the best of distributed load
In any case the trend is greater then the sums of the parts. BCC sells out partly because the market was forcing a liquidity squeeze onto them and so it becomes part of the selling momentum. Markets always move like this, people hitch a ride on the way up and flee on the way down. Just general market profit taking, its not selling caused by BCC in my book. Its only part of the story.
Mt. Gox was big enough to distort the price upwards and eventually downwards, that I will take as the main strut to 2014 selling but I've not heard anything in the last year to parallel that effect. Which is good, we never want one thing to dominate crypto like that did as it makes for weakness. Decentralisation is king, stay away from anything that doesnt make the best of distributed load
Is that real ?
you can certainly see for yourself, many people have said and talked about in social media that it is just a scam. so we must be more careful and cautious in making investments Everyone knew it was a scam, I do not even understand those who invested in it ..
Yes, everyone knew that it was a scum, but greed turned out to be stronger. I hope people have learned this lesson.
OMG!! (not a coin) I've lost money on Bitconnect
Is that real ?
Yes this is a one bad reason as for btc price as for investors,they have lost up to 95% of their investment and today there is a very bad situation in confidence issue because people may don't trust companies like this anymore.But I think its not finish and relevant bodies will be interested in this case.Also there are a lot of reasons and everybody talks about this,despite the fact,Its Little doubtful that price goes down every year In january and I think panic is artifically created from investors who want to buy it for low price.
people shouldn't trust them in the first place
we said repeatedly in every social media that its a scam, if people lost money because of it its their problem really.. and i am sorry for that
50k bitcoin is nothing.
I don't think bitconnect is the main reason why the bitcoin crash but I believe bitconnect is the one of the crashing bitcoin and bitconnect scam team launch their new ICO which is called bitconnect x another scam site.
Move on and forget about bitconnect like the development team who scammed us already they create new icos of bitconnect x valued as low as 50 $ .
50000 is alot of bitcoin. Every time I seen an advert for bitconnect I always thought there was something not right with it. We all have to feel for everyone that got burnt by this. If something smells like fish it probably is.
Why is everybody panicking ? Bitcoin has always gone up and down and the price needed to fall it was way to high plus now more people can afford to buy Bitcoins
I was wondering when bitconnect goes down, it seemed to good to be true.
https://hyip-rotation-system.com/
https://hyip-rotation-system.com/
I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.
Do you think it will fall out into that? you're spreading FUD news. it won't affect the price because people are holding.. well this is a big opportunity to jump in the train. goodluck and make more bitcoin! and Yes Bitconnect is delisted in coinmarketcap this is a good news! bitcoins for sale? it's their project very well?
Jump to: