BitConnect market cap dropped from 2 billion to 600 million ?

[Fredmartin]

What do you think that it can happen when this ponzi scheme will go down and let at lot of people with losses ?  We speak about a market cap of $1 776 631 069 USD do I have to consider that this amount is the global value of the scam ? 

[1714996787]

1714996787

[1714996787]

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[European Central Bank]

What do you think that it can happen when this ponzi scheme will go down and let at lot of people with losses ?  We speak about a market cap of $1 776 631 069 USD do I have to consider that this amount is the global value of the scam ? 

nothing. almost all of that volume is taking place on an exchange they control. and it's probably bullshit anyway. it's a drop in the ocean and no one else will care.

the only potential botheration to the bitcoin market is the scammers running it attempting to dump their conned bitcoin all at once.

[Fredmartin]

Thank you for your answer ! 

It is rather a good thing, it should not that a rotten fruit spoils the basket.  There is no way to stop that ?

[European Central Bank]

Thank you for your answer !  

It is rather a good thing, it should not that a rotten fruit spoils the basket.  There is no way to stop that ?

yes - http://bitguru.co.uk/bitconnect-could-be-shut-down/

but it's possible they'll collapse before anything is done by the authorities. or it might limp on for a long time.

either way no one should care other than the people who put money into it and they've had enough warnings.

[NaissuR]

BCC... one of those coins you hate because you didnt invest in it on the beginning  

[rockyfeller]

Bitconnect is a big scam. we're you get new investors to pay out the old investors and you'll get a fee from them if they withdraw or get funds in lending. Bitconnect is a total scam a HYIP sites that everyone needs to be aware of

[Mearntain]

I wouldn't go so far as calling bitconnect a scam myself, but I also do realize that it is impossible for them to stay around permanently (at least with their current rates).

Is it sustainable for the long term? As in a year or 2 more? I really do think it Is possible. But I still wouldn't feel comfortable locking my funds in for 299 days personally.

It definitely is interesting with the significant market cap decrease, and I'd be really interested in knowing the reason behind it.

[10000BTC]

That's a big question to be answered by them, why such a big drop?
It will be nice if we get a good answer from them.
I have some investment there though waiting for it to mature.
this is not a good sign for me at all.

[snackman]

Is the the Game over for BitConnect? 

Today the market cap dropped from 2 billion to 600 million.

In October we had 7.238.551 BCC    https://web.archive.org/web/20171023022949/https://coinmarketcap.com/     
an today only 2.138.092 BCC  coins.

My favorite altcoin slogan "Shitcoin to the moon! No to the mars!! I like these shit times" 

And now they make a new advertisement  in coinmarketcap "invest in BitConnect". 

https://coinmarketcap.com/currencies/bitconnect/
What the fuck already happened with the bitshitconnect, It looks the supply already manipulated by the developer. Glad to see the bitconneck already kicked out from top 10 coinmarketcap.
Bitconnect try to launch the next advertisement to plunged a lot of the new comer into the bitconnect's ponzi scheme.

I'm agree with you I think bitconnect is a ponzi scam. but I dont know how they can live for a long time like this. even price reach x100. how?

[matsusomoto]

People realizes that this shitcoin is a well crafted ponzi scheme thats why they dump this coin.

[topesis]

BCC... one of those coins you hate because you didnt invest in it on the beginning  

I can't wait to see you face when this house of cards collapse, BCC is a scam from scratch, it is disturbing to see some people closing their eyes to the obvious. I don't know  how the developer is sustaining the scheme till now but this is a not going to end well because alot of BTC will be lost

[totnaksquad]

Only newbies like me would ever touch the Bcash but if you are researching before investing in anything it wont be a problem.

[lakimens]

Update:
Our BitConnect cryptocurrency will be removed from all exchanges on March 19, 2018.
Therefore, we offer an opportunity for our members.
You can exchange your BCC tokens at the current rate of $142.47 USD per token.
Only until March 19, 2018.
From that day, the currency will no longer have any value and will stop circulating.
Follow the instructions in the following article:
http://telegra.ph/GUIDE-TO-RECOVER-THE-INVESTMENT-FOR-THE-BITCONNECT-BCC-CRYPTOCURRENCY-02-26

You can check future updates through the BitConnect twitter.
https://twitter.com/BitConnectUK

For technical problems related to the synchronization of your wallet, you should contact us by email by writing to support@bitconnect.co or visiting our website www.bitconnect.co

They believe you, definitely. Current rate of $142? It's literally $2..