Bitconnect sold 50000 BTC - page 2. | Bitcointalksearch.org

oviudiu

newbie

Activity: 112

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Quote from: Darooghe on January 17, 2018, 02:36:21 PM

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.

Isn't there anyone to punish these guys? How can you so something like that? It's crazy, they've ruined a lot of lives...

Bobby park

member

Activity: 546

Merit: 24

Quote from: Darooghe on January 17, 2018, 02:36:21 PM

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.

Bitcoin will recover its price and don't panic! Everything will be back to normal. I think it is our opportunity to buy more bitcoins specially if it will fall down at the deepest. Bitconnect is a scam, a lot of people fooled by them.

SparrowMano

member

Activity: 106

Merit: 11

Everyone knew it was a scam, I do not even understand those who invested in it ..

Dropcarve

newbie

Activity: 32

Merit: 0

We will survive the crash. We can take advantage of it ourselves. But I'm sorry for the victims of Bitconnect.

cl37007

full member

Activity: 364

Merit: 100

If he really is selling all that BTC then it is likely to have an affect on the price but what evidence is there that this is what is happening?

Transformbitz

full member

Activity: 434

Merit: 101

Quote from: Darooghe on January 17, 2018, 02:36:21 PM

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!

trumper

full member

Activity: 406

Merit: 102

This is not true, no one can sell this scammed btx in exchanges, the reason is south korea news but they confirmed that they will not ban, RISE

Suharti12

member

Activity: 350

Merit: 10

The panic will not benefit us if the bitcoin price goes down the better we buy it again to increase the investment, because it is also one of the advantages of the bitcoin price reduction, stay patient and do not do panic selling.

racebum

member

Activity: 75

Merit: 11

Quote from: Rubberduck59 on January 17, 2018, 04:23:39 PM

Is 50.000 bitcoins really enough to influence that market that much?
I have a buddy who recently invested 10.000 USD into BitConnect. Ouch, I bet he's been crying in regret Grin

if buyers aren't ready to meet the price then yes. if you ever watch futures trade in a thin market each trade drives the price. when i was watching the price fall the other day there were not many buy orders firing off so the price moved quickly.

this morning when we were at a tech support level and the selling seemed exhausted buyers stepped in and drove the price now +800usd in a few hours

50,000 coins is a lot of money and you also had nervous people in korea who were probably not wanting to throw more dollars at it just yet also limiting the buy side

i think the long term trend is bullish but it's going to be a wild ride on the way up.

if i could ask any fundemental question in the world and actually receive an answer which i know i can't it would be this. what happens at 21 million coins

what i honestly don't get is why someone would unload 50k coins into negative news. if you have a large position it would seem logical to sell into strength and trickle out

m9shn9sh

member

Activity: 182

Merit: 10

It's horrible. I was deceived by these crooks. Although I lost very little, but this residue remained. Now they are trying to attract people to a new platform. I hope they will not work out Sad

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: Rubberduck59 on January 17, 2018, 04:23:39 PM

Is 50.000 bitcoins really enough to influence that market that much?

It may be to a certain extent. Let's assume that it has indeed been BCC selling these coins from $14,000 all the way till just over $9000 reached today. If we look at how thin the markets are, then it wouldn't cost any effort to get the price to tank like it has been doing since yesterday. Especially when we take into consideration that a lot people due to the mainstream media think it has to do with governments cracking down on crypto exchanges. BCC may have initiated the dump for a good amount, and the rest of the market has done their part of the work. The price seems to be recovering right now, so we have to wait and see how the coming days will be. If the dumping is over, which may be the case, then we have just started to go up again.

alyssa85

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CryptoTalk.Org - Get Paid for every Post!

Quote from: Darooghe on January 17, 2018, 02:36:21 PM

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 they have sold people's money and kept it for themselves, they're looking at jail...

JamesR1

full member

Activity: 294

Merit: 100

Quote from: Darooghe on January 17, 2018, 02:36:21 PM

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.

There is big different between the two project (BTC.BCC) no way to compare both market .

cryptojoe

sr. member

Activity: 353

Merit: 250

that explains a thing or two...

prehisto

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Activity: 882

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Your Data Belongs To You

Quote from: Rubberduck59 on January 17, 2018, 04:23:39 PM

Is 50.000 bitcoins really enough to influence that market that much?
I have a buddy who recently invested 10.000 USD into BitConnect. Ouch, I bet he's been crying in regret Grin

I believe that yes, it is enough to influence the market , the value of 50000 BTC is from 500-700 million USD, depending on BTC price (10-15k). Also I was not aware of this huge scam and sell off in these days, it means that this factor did add to huge correction.

coindetective

full member

Activity: 165

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It was so obvious Bitconnect would crash, such an obvious scam.

I really do not understand how people were so naive to give them a single penny.

Lock00Live

member

Activity: 238

Merit: 10

Blockchain with solar energy

It's time to end a mighty empire Bitconnect in the MLM coin market. I think this is also a bad omen for similar projects because coin lending and MLM projects have developed well in the past due to the fact that BitConnect has taken the lead to push them up. When BitCon was on the Coinmarketcap, I thought about the prospect of it going but did not expect it to go so soon. I feel very sorry.

bigvito19

full member

Activity: 706

Merit: 111

good grief, well they cashing out

ViktorTroshka

full member

Activity: 420

Merit: 101

So Bitcomnet is a pure financial pyramid. The outcome was clear in advance. I do not understand why people in 2017 give money to such projects, when you can invest almost riskless in popular reliable coins and not think that someone will one day take and run away with your money.

Rubberduck59

full member

Activity: 340

Merit: 100

NEM <3

Is 50.000 bitcoins really enough to influence that market that much?
I have a buddy who recently invested 10.000 USD into BitConnect. Ouch, I bet he's been crying in regret Grin

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