AGM76
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January 16, 2018, 09:31:42 PM |
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Yes, it seems they are ending the platform although the coin and website will be kept. Everyone's capital releases are being returned at a 15-day average of the BCC rate. Remember they don't have to pay any BTC to anyone. They just need to pay in BCC tokens. The fact that they are able to return everyone's loans (albeit at a rate of around $363 rather than the current BCC rate) means they were well in profit. The problem is how are people going to cash out? The coin price will plummet if there is no lending system with everyone trying to cash out their capital releases simultaneously. The good news is that DavorCoin and a couple of others will be just as good or better. Yeah the site is overloaded but I managed to get in and send my BCC tokens away to an exchange so their wallets work. The price on the exchanges hasn't gone down much yet btw.... still near $200.
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cvdesty
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Activity: 512
Merit: 20
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January 16, 2018, 09:33:56 PM |
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Fuck, want to login but the server seems to be overloaded. I allways come back to the capture. Want to remove my BTC out of my wallet there Our capital should have been returned in Bitcoin. They did not give us sufficient notice to get our capital back, since we are still required to exchange their worthless coin. I say it is worthless because it will essentially be useless because the lending platform has been terminated.
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jes3874
Newbie
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Activity: 11
Merit: 0
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January 16, 2018, 09:36:28 PM |
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I'm sending my BCC to Coinexchange. How long is it gonna take?
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mosprognoz
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January 16, 2018, 09:41:03 PM |
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There were hundreds of warning here in this thread over and over, but greedy fucking idiots were not listening. How do you feel now? Scammers are gone with your money and left you with useless shitty tokens that nobody will buy after a couple of days any more. Greediness and stupidity is the main problem of the mankind.
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OWZ1337
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BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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January 16, 2018, 09:43:07 PM |
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Fuck, want to login but the server seems to be overloaded. I allways come back to the capture. Want to remove my BTC out of my wallet there as they dump all their coins of stupids who would give these clowns their coins is beyond me :-D weeee
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I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™
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Stivenson
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Activity: 89
Merit: 10
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January 16, 2018, 09:53:14 PM |
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Less then 3 BTC worth of bitconnect tokens left, you can still sell them for $100+, be quick though!
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Thadeous
Copper Member
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Activity: 588
Merit: 17
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January 16, 2018, 09:55:20 PM |
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Sad news from Bitconect Well, we all know the game we play, so hope no one here borrow money for Lendings... Stay calm, be smart and keep studying Crypto.
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alexmsal
Newbie
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Activity: 5
Merit: 0
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January 16, 2018, 09:58:47 PM |
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We all can predict that the price for BCC coins will be about 0 for the next couple of weeks. Shall we sell it now to get at least something or it's better to hold (on external exchange for sure) and believe for the best?
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mosprognoz
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January 16, 2018, 10:05:01 PM |
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They are refunding all customers but using their BCC and not in BTC. Sure.. They took away your BTC and now are paying back with toilet paper.
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longshort
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Activity: 92
Merit: 10
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January 16, 2018, 10:11:31 PM |
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The perfect storm is brewing for Bitconnect here. 1. Increase in withdrawal demand (to buy BCCX) 2. Increase in withdrawal demand (because of fear, cease & desist etc) 3. Bitcoin price dump (have to pay out more BTC for every $ in interest paid) 4. High % volalility payment required tomorrow as BTC crashes. 5. Promoters fleeing BCC and scrambling for disclaimers 6. BCCX selling twice as many tokens today ($25,000,000 worth). Im sure its just FUD. Even Roy Murphy can't dream up excuses at the moment. Things are dire!!!! aaaaaaaaaaaaaaanndddd its gone. Sad day for crypto but its been a long time coming. DO YOU RETARDS STILL NEED PROOF THIS WAS A PONZI FFS!!!? ? Are you nuts? They have always been less of a ponzi than bitcoin. They have made HUGE profits from the lending system and can afford to give everyone back all their loans at the same time in BCC tokens (albeit at the 15-day average rate). They have no incentive not to dump all their coins now, except for the fact they are saying the website and the coin will continue. You just don't get it do you!? They don't care about BCC coins because they are WORTHLESS to them!!! They wanted your BITCOINS!!!!! And you gave them to them didn't you!? SMH. The scam is complete and the exit has already happened.
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JohnDoe3490
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January 16, 2018, 10:12:31 PM |
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And there is no way to exchange the BCC for BTC at their value lmao. It just collapsed and the market sees a bloodbath holy shit.
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cvdesty
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Activity: 512
Merit: 20
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January 16, 2018, 10:13:02 PM |
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Sure.. They took away your BTC and now are paying back with toilet paper. Exactly! Since the site has been down they have been making us believe they were working things out, when all along they knew they were going to end the program. Then they suddenly tell us it's over, that the lending platform is terminated and we can only get our capital back in BCC. This wasn't done right. But you can't expect greedy and dishonest people to do the right thing. They get to walk away with all that Bitcoin now—millions of dollars worth, and they leave the people who made them rich with a useless coin. Dirty scoundrels!
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BtcVolcano
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January 16, 2018, 10:18:40 PM |
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Yes, there I see very rapidly developing news
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Hunterwolfie
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January 16, 2018, 10:28:17 PM |
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Bitconnect are the ones dumping BTC right now.
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IPVPIRL
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Activity: 192
Merit: 13
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January 16, 2018, 10:29:48 PM |
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People are still buying at livecoin. Transfer there.
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NoMoreForksPls
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Activity: 62
Merit: 10
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January 16, 2018, 10:31:11 PM |
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They are refunding all customers but using their BCC and not in BTC. Sure.. They took away your BTC and now are paying back with toilet paper. If China news don't crash the market, imagine the MSM covering bitconnect - starting to get ugly
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ccminer.net
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January 16, 2018, 10:32:11 PM |
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Bitconnect are the ones dumping BTC right now.
Is it true??? the ponzi collpsed?
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ddevink
Jr. Member
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Activity: 140
Merit: 1
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January 16, 2018, 10:35:43 PM |
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yep gone bcc is worth noting anymore haha we fucked Atleast I had my investment back and some profit
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Cipherr
Member
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Activity: 64
Merit: 10
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January 16, 2018, 10:38:18 PM |
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Its totally cool that they are cashing you guys out in BCC tokens based on its price 15 days prior so you can recover all the mon... Oh wait. Im sorry for your losses, but please, don't support this type of stuff in the future. It only hurts the community as a whole.
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