Price has dropped over 60% and is now starting to creep back up.
What is going on here?
https://coinmarketcap.com/currencies/bitconnect/#charts
Accounts were operating normally until about an hour ago.
Some say a "Circuit Breaker" was triggered? (token update with malfunction?)
Nothing on Twitter from official BitConnect. https://twitter.com/bitconnect
Yes, I bought the crash. Here's to hoping for eating off weak hands! :)
Stay strong my BitConnect friends, be patient. There's been a lot of good stuff coming out recently. Don't sell at a crazy loss. Ride the rollercoaster at least until we know more information.
Cheers,
Hacked!
yes! did you here how they did it?
I don't think they would take all the hassle in creating new logo and promoting it if they were planing to scam everyone in few days.
Beside, the market cap has lost over $300 Million in less than an hour, HUGE SELLING!!!
@duridsukar - right?? that's abnormal. have we seen other crashes that big that did not bounce back?
The marketcap has BCC Exchange *, stating its not added into the Market Cap....rumor is there is a bug in the wallet from the new Segwit crap... causing duplication on coins during transfers...so people are duping the coins and trying to sell off quickly... over 900k coins were transferred out of a single wallet that only have 1k coins prior to today...
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ride it out. See what happens. Like the old saying "don't put your eggs all in one basket."
Yes, this is good advice. I'm hoping it bounces back real soon :)
Best Ponzi Scheme ever
You are right it is the best Ponzi scheme ever i just hope people get there money out as soon as because i think this ship is sinking!!
you think so @crypto-kfx ?
it's been smooth so far. I guess it was an exploit?
@darrenwilliams, same here. I think we're good for the next 12 months I'd say
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Nice post @mikev
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