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RE: Breaking news: Bitconnect say they will pay back all their investors in Bitconnect coins, not Bitcoin. Edit: bitconnect price now down 88%

in #bitconnect7 years ago

That sucks for bitconnect users, looks like the market will be red for a while longer now. I wonder how far bitcoin will fall let alone bitconnect coins.

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Bitconnect is not bitcoin, but when the weekend newspapers get hold of the story this weekend, the public at large won’t be able to tell the difference. It will push all crypto prices lower, including bitcoin.