Bitconnect sold 50000 BTC

[Transformbitz]

I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.

Do you think it will fall out into that? you're spreading FUD news. it won't affect the price because people are holding.. well this is a big opportunity to jump in the train. goodluck and make more bitcoin! and Yes Bitconnect is delisted in coinmarketcap this is a good news!

[cl37007]

If he really is selling all that BTC then it is likely to have an affect on the price but what evidence is there that this is what is happening?

[Dropcarve]

We will survive the crash. We can take advantage of it ourselves. But I'm sorry for the victims of Bitconnect.

[SparrowMano]

Everyone knew it was a scam, I do not even understand those who invested in it ..

[Bobby park]

I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.

Bitcoin will recover its price and don't panic! Everything will be back to normal. I think it is our opportunity to buy more bitcoins specially if it will fall down at the deepest. Bitconnect is a scam, a lot of people fooled by them.

[oviudiu]

I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.

Isn't there anyone to punish these guys? How can you so something like that? It's crazy, they've ruined a lot of lives...

[Ingramtg]

I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.

Do you think it will fall out into that? you're spreading FUD news. it won't affect the price because people are holding.. well this is a big opportunity to jump in the train. goodluck and make more bitcoin! and Yes Bitconnect is delisted in coinmarketcap this is a good news!

that's a very bad news for bitcoin , we should always refues the scam project , why Bitconnect collect so many

bitcoins for sale? it's their project very well?

[dMon125]

I was wondering when bitconnect goes down, it seemed to good to be true.

https://hyip-rotation-system.com/

[Cryptoshops]

Why is everybody panicking ? Bitcoin has always gone up and down and the price needed to fall it was way to high plus now more people can afford to buy Bitcoins

[btcprospecter]

50000 is alot of bitcoin. Every time I seen an advert for bitconnect I always thought there was something not right with it. We all have to feel for everyone that got burnt by this. If something smells like fish it probably is.

[Hoho29]

Move on and forget about bitconnect like the development team who scammed us already they create new icos of bitconnect x valued as low as 50 $ .

[meldrio1]

I don't think bitconnect is the main reason why the bitcoin crash but I believe bitconnect is the one of the crashing bitcoin and bitconnect scam team launch their new ICO which is called bitconnect x another scam site.

[ekolet]

50k bitcoin is nothing.

[mR.k0fka]

Yes this is a one bad reason as for btc price as for investors,they have lost up to 95% of their investment and today there is a very bad situation in confidence issue because people may don't trust companies like this anymore.But I think its not finish and relevant bodies  will be interested in this case.Also there are a lot of reasons and everybody talks about this,despite the fact,Its Little doubtful that price goes down every year In january and I think  panic is  artifically created from investors who want to buy it for low price.

people shouldn't trust them in the first place
we said repeatedly in every social media that its a scam, if people lost money because of it its their problem really.. and i am sorry for that

[quochuan29]

Is that real ?

[dudov]

OMG!! (not a coin) I've lost money on Bitconnect

[VestRidCr]

Everyone knew it was a scam, I do not even understand those who invested in it ..

Yes, everyone knew that it was a scum, but greed turned out to be stronger. I hope people have learned this lesson.

[Card]

Is that real ?

you can certainly see for yourself, many people have said and talked about in social media that it is just a scam. so we must be more careful and cautious in making investments

[STT]

It will be a combination of reasons, this might be the biggest story and like people said we all expected it well ahead of time.    The problem is people new to crypto who are slightly dazed and confused and got caught up in that, its shame they could not have been warned more.   I'm not sure if any big news channel jumping on the back of the general crypto story line took time out to do some journalism and call out BCC as a scam like enterprise ?

In any case the trend is greater then the sums of the parts.   BCC sells out partly because the market was forcing a liquidity squeeze onto them and so it becomes part of the selling momentum.   Markets always move like this, people hitch a ride on the way up and flee on the way down.   Just general market profit taking, its not selling caused by BCC in my book.   Its only part of the story.  
Mt. Gox was big enough to distort the price upwards and eventually downwards, that I will take as the main strut to 2014 selling but I've not heard anything in the last year to parallel that effect.   Which is good, we never want one thing to dominate crypto like that did as it makes for weakness.   Decentralisation is king, stay away from anything that doesnt make the best of distributed load

[johnnywoo2015]

I heard Bitconnect's owners collected BTC50000 from people and scammed them. the owners sold BTC50000 from 2 days ago till now. This is a big reason for crashing price. don't panic and put some buy orders at different lower price. If BTC fall down to $1500 don't panic and do buying more at different steps.

You sounds like you are proclaiming a ponzy site, not Bitcoin. Buy, buy and buy
50000 Bitcoins are just 550 000 000 or half a billion. I don't think that Bitconnect's money could disrupt so badly the market. The daily trading volume is 100x higher.