Price is swinging wildly in Livecoin, CoinExchange and Novaexchange. It's at about $40 from a high of $150 in a few minutes.
It's down from number 12 to number 27 at https://coinmarketcap.com/ in a few hours. And the site is offline for maintenance.
Nightmares are about to come true and dreams shattered. Looks like they are facing serious problems.
Whether it will happen today, tomorrow or next year. One thing is absolutely certain. BCC will shatter the hopes of 99.9% of its investors.
Don't say I didn't warn you.
I have Followed people just to WATCH like Craig Grant and Trevon James, Not to invest in Bitconnect myself but just to see how it was going to play out for some time before I would consider getting involved myself. I hope for the BEST for everyone that has any money involved in Bitconnect. Something just did not seem right for me to get involved although I was really happy to see many people making loans and receiving money everyday. Lets just see how this plays out for now. STEEM On !!!
for better or worse?
LOL! What do you think?
@simonjones great update post.
My thoughts: meh. If something seems too good to be true, it probably is. Do I have money in it. Yes. Is it more than I am willing to lose? No.
The rule of crypto: never invest more than you can lose, even down to the smallest allocation in your portfolio.
Some more details and info BitConnect Crash and "Maintenance".
wow
Great works, I wish you success
People realizing they didn't buy discounted Bitcoin Cash?
This if it is falling
Thank you for the information .. this is good news .. hopefully many who ngevoted you .. follow me maybe we can be friends well
OMFG. Bitconnect is shutting down??? Any updates on it?
It's being revived RIGHT NOW!!! the price is up to $94.57.
WEBSITE STILL DOWN
$90.73 now. Website still down. Don't get your hopes up too high....
I think there must be a whale who dumb the coin much, and sold it for ridiculous low price. It must be insider of bitconnect. They realise bitconnect can't be sustained if it keeps on going higher.. So they created a panic sell.
Website is partially up check out my post.
https://steemit.com/bitconnect/@tngflx/bitconnect-flash-crash-from-38usd-back-up-to-90usd
I hope its ok, I'm not involved but lots of Steemians are.... Don't want people to lose.
I think price of bitconnect in coinmarketcap is not accurate.
price is 43 $ but graph shows 124$ .
coinmarketcap has a bug where the graphs you often view will stop updating in the browser and will get stuck at a date.
You can check this by opening a different browser and you should see that it's up to date.
You can fix this by clearing the cached files from your browsers history. Just the cached files, you don't need to clear cookies or anything else.
Oh I see !
Thank you so much for the information my friend !!
I've heard of bitconnect because big names on Steemit have been promoting it. I even saw one of them run FB ads. I honestly never put much faith in the Bitconnect platform. Maybe I'm wrong, but I couldn't find any info about the development team or the CEO. Usually, when the owners/founders aren't willing to associate themselves with their own creation, that's not a good sign. If Bitconnect can recover from this, right now would be a good time to buy some coins.
I would not count on this ever recovering. It's extremely risky to buy the BitConnect coin as it could literally go down to $0.
not looking good... I invested before I found out how much of a scam it was and was hoping I would at least get my money back before it blew up... feeling pretty shitty, but I'm glad people spoke out about it and informed more people from taking the plunge
thanks for sharing this
It's being revived RIGHT NOW!!! the price is up to $94.57.
WEBSITE STILL DOWN
There are big sell walls at Livecoin.
Looks like a buy signal... prices dropped down to $59, now back up to almost $90. $121 @ livecoin.
The site is still down , looks like its for good , i signed up with them and was mining , then i stop for a few days and my coins were gone , i don't trust them from that point so i never invest
Amazing
OMG
The site has been down for a few hours and everyone seems to be quick to hate and cause panic for what goal?? Let's allow the dust settle before creating negative buzz. They have the right to prove themselves IF they were hacked and recover accordingly. It's not a witch trial. If it IS a scam, then we'll find out soon enough, but not a few hours after the price goes berserk and the site goes down, potentially a protocol to stop a hack (or maybe to prove its a scam, etc). Way too early and extreme to claim that nightmares are coming true with shattered dreams because of a coinmarketcap snapshot and temp site access. People are entitled to invest or put money (or no-risk profit) into something for their own reasons after evaluation, or simply just for fun and experience. It doesn't mean they were foolish.
many were.
I suppose those that weren't have a bit more peace about it either way for said reasons.
Dont put your hard earned money into this they are just preying on unenformed people that dont know any better. Red flags everywhere right from the start. You would be better of putting money into your own mining rig or something like that. I hope you can get your money back.