Bitcoin Forum

BCC sits at around 40$ right now and is on place 83 on coinmarketcap. How come there is still demand for the coin? Isn't it literally useless now?

It will take time for it to get flushed out of the system. 

Many don't know what is happening...just buying blindly.  Some are in denial and still believe it can be saved.  A few thinks it is BCH.  No matter what, I feel sorry for the investors, especially the new ones.

Aren't we all? 

I mean in 6 months, I got 7x my investment at one point and I want more.  It went down to x3 recently (back up to x4.5 now) but it shows I am greedy as well.  My risks are calculated and educated though and I expected these swings (still hurts and shocking mind you) but I don't panic because of the mental (mathematical and statistical) preparation.

This forum helps me stay informed as well (thank you) but not everyone can do as much reading as I do.

I don't take pleasure seeing someone losing money... though it is part of this "game".

BCC is still among the top 100 coins in the coinmarketcap it is because of its demand. A lot of people think this coin has the potential to take over bitcoin so if they have the budget for trading they basically invest on this coin which is really surprising to me. I really thought this coin would be gone too soon right after people received them for free.

Sorry to use you as an example...

My point exactly about people thinking BCC is BCH.

Maybe this is the reason
https://bitconnect.co/system-news/95/bitconnect-update-regarding-the-changes-to-lending-and-exchange-functions/
According this news, Bitconnect is allowing members  to participate in the BitConnect X ICO with BCC at $150.

BitConnect is a scam ponzi scheme but prior saw a huge dip yesterday and many people thought that this is a good buying opportunity as many coins were falling and this dropped the most. The more it dropped the more it would rebound. Sometimes this logic works.

Many people just donnot know , that it is hyip scheme , and buy it , thinking that it is real crypto , but it doesnnot trade on any market besides it`s own ). It is scam coin , and dumping it price to 0.1$ it just question of the time.

No matter how strange it might look but they were right actually. BCC has risen 300%+ since yesterday. But if I was on their place I would start selling the coins immediately. I agree with above posters that this coin will hardly survive in the far future. But for now it has $66 million daily trading volume which is impressive to say the truth.

IT still above its ico price but yeah, it is Totally useless i think?

The operation is gone, company shut down, no more lending.
Perhaps someone might wanted to reborn it>?

It is still a top 100 coins because it still has quite a big marketcap with its supply and price

It takes a few days to get out of the top 100. I think many people did not know the BCC information was dead. They have spent a lot of money on the lack of knowledge. That's why BCC is still $ 40. Pray for ignorant people to buy it

Its being pumped hard just look at the charts...
Am thinking people have mistaken it for bitcoin cash which sounds more closer to the ticker symbol of BCC or investors are simply unaware of whats happening with the BCC project, lets waiting what happens in the next few days

https://i.imgur.com/w7yQsvA.png

There is a difference between the natural desire to posses more and better and the greed which is a sick obsession with obtaining more material things, when I invest money it is natural that I want to get more money out of it since that is the reason for investing, but I choose my investments carefully, while I have several coins most of my money is in bitcoin and a single altcoin in which I believe, I will never invest in anything that seems like a scam or in this case a confirmed scam.

People are just blindly buying coins guided by hype and speculations.

Relax, it will be flushed in the toilet... eventually.

Bitconnect has released news, and they allow for members can use BCC to participate ICO Bitconnect with rate $150/BCCX so BCC has been bought a lot. Maybe they know the risk but they want to make profit fastly so they don't care it.

Wouldnt last much longer. People should realize thats a scam coin. I still cant understand how many person behind it and didnt go to 0$

I dont think that news will satisfy lots of investors because of these reason:
1. Too late, some already sold all their BCC
2. They want exchange rate > 300$ because Bitconnect refund investment at that rate

I think it's because of the news that they are going to accept BCC at 150 $ each coin for their upcoming ICO on their new platform bitconnect X, so people want to buy to join the ICO maybe.

On numerous exchanges, Binance for example, BCH is listed as BCC. It makes good sense that new investors in particular gets confused.

I need not to mix these two tickers together are you talking of BCash or Bitconnect, some exchanges list BCash as BCC why some BCH so this is causing confusion in the space as you can see

Why spend time writing a comment with the exact same point as the one before you? :)

He mean Bitconnect coin, the simple is official on coinmarket cap and no others coins want people to think wrong.

Currently, BCC is in a bad period of time marking the end of MLM coin. But it still has the support of those who have not followed it yet, and now it is time for these investors to join in and hopefully it will rise as it did in the past. BCC has dropped to the lowest of $ 8 and now it is worth $ 35. I advise you not to invest in BCC at this time.

Many people are supporting and investing on bitcoin cash. So it is remaining one of the top coins in cryptocurrency. I don't think bitcoin cash will be gone in circulation in the market.

BCC = Bitconnect, not BCash (BCH)
RIP BCC, people who invested in it should assume their losses. BCC was clearily identified as a ponzi scheme

So BCC is officially over, but how about their ICO? Maybe they will come back with different coin, and you can buy it with BCC, maybe thats why it still has value

People are also buying Confido.
Maybe it's not people but bots who've decided that everything is on sale  ;D
Or maybe just someone uninformed, who knows