1. They waited for those cease and desist letters to accumulate.
2. They totally simulated those DDOS attacks, or if they didn't they were TERRIBLE at protection, notice how on bitconnect.co they have some ghetto home-made DDOS protection and on their new ICO they scale up with cloudflare?
3. There is clear market manipulation whenever the market is in continual downturn.
4. They refunded the initial loan amount in Bitconnect NOT bitcoin.
5. DO NOT BUY BITCONNECTX
If you're going to clean up shop do and clean a profit from everyone, just do it. Don't come up with these fake excuses and attempt to continue it on. If you bought the Bitconnectx coin I feel sorry for you, god only knows how long they'll last now that several thousands of people know they're full of shit.
still don't get it , what happened exactly with bitconnectx ??
I know that they were running an ICO to keep rolling their ponzi but can't understand what you are talking about ?!
did it fail already ?? cause AFAIK it's really new and not sure if it was even launched yet
anyways I guess you already know the risk of putting money in such sites right ?!?!
EDIT : site opened now and found that
https://bitconnect.co/system-news/94/changes-coming-for-the-bitconnect-system-halt-of-lending-and-exchange-platform
so it's done for their "Lending" and ICO
Sure, may be you will also explain why BBC crashed that much?
Actually, let me help you: all Bitonnect lenders immediately received BCC.
And what they did? They started selling them instead of holding and thinking what's next!