Bitconnect stops for "lending", coin prices reduce shock

[digdig]

Bitconnect is one of the most popular codecs in the world today, also known as Lending (MLM) and MLM (Multi-level Marketing) platforms.

However, according to a statement this morning, Bitconnect officially stopped lending activities and temporarily closed its internal trading floor. Bitconnect also said it would withdraw its crypto from Coinmarketcap.

According to the announcement on Bitconnect's home page, all investor money will be returned in the form of a Bitconnect copper at a conversion price of $ 363.6 / Bitconnect (average price over the last 15 days).

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[SrEasts]

This is old news, there are plenty of topics already about this matter. We all knew ( or at least most of us ) that it was a ponzi scheme. It had high return values, but there was always the risk about it being gone for good soon. Sucks to everyone who has their BCC stuck in the BCC wallet, but yeah, those were the risks they chose to take.

[heallove]

Bitconnect's internal trading floor will be temporarily closed within 5 days. The question is how investors can resell the bundled coin that was paid for capital recovery.

Yesterday, the price of a bit copper fluctuated around 240 dollars, while a week ago reached a record $ 400. However, as soon as this announcement was made, the price had fallen dramatically to $ 35.

[ethbtc444]

So those who do not have faith in e-money will have no faith.
There will be many investors hard to get their money back.
I hope it's not too bad.

[zahed]

I think Bitconnect lending permanently shut down.I involved investment and successfully received my money.
Alt market now shaking and BCC go the 10$ it's really bad news for investor.