Bitconnect lost half of its value,, Can it go Bust? by greatvideos

bitconnect · @greatvideos · Dec 25 '17

$1.12

Bitconnect lost half of its value,, Can it go Bust?

Apparently Bitconnect is having a few issues

Lost half of its value

It means people are selling more and reinvesting less

That is not a really good look for Bitconnect

However i see many that claim Bitconnect to be a Scam But by now everyone made cash of Bitconnect

I haven't,, I've sold out long time ago

I bought Bitconnect at around $0.15 and sold at around $1 and got out of it

I now know I lost because I've listened to everyone calling it a scam

However I am watching it closely as I have a few other platforms I lend money too so I am really curious is Bitconnect can go even lower,,

And of course a lower price possible but I want to see if it will go bust! 

I really doubt it will fall as there is quite some good amount of money left in Bitconnect 

Its worth more than $1.3 Billions 

  ![image](https://img.esteem.ws/osvckhzyi3.jpg)

So a $1.3 Billion cryptocurrency should not evaporate that quickly,, but if a panic sale starts there might be a chance no one will ever get their investment back 
Especially if they just recently started to lend 

Let see how it will play out for Bitconnect 

This is something everyone should be aware of,, because if Bitconnect Fails,, I strongly believe other lending platforms will follow the same path 

I can be very wrong and have them grow and who knows,, maybe Bitconnect will go to the moon and reach $1000 

Can anyone say that is impossible? 


Thank you very much for Reading 
Please Comment Follow and  Upvote 
Have a lovely Christmas!

👍 msp-lovebot, umami, msp-shanehug, artaddict, fitzgibbon, minnowsupport, muxxybot, greatvideos, wekkel, ethandsmith, gefa, lastminuteman, steemprentice, mahaow, stephen.king989, airdropupdate, gamerveda, monicamustea, whiessl, christoryan, jhermanbeans, pomperipossa, gindor, pusteblume, robertvogt, chivesz, banjo, cryptohustler, myday, numpypython, decibel, edrivegom, qwasert, germanaure, taica, beng05, derosnec, nesbitt, imamalkimas, timbalabuch, swagger

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@fitzgibbon · Dec 25 '17

$0.16

I don't like the BitConnect use case at all. Yes, they have been quite successfull with their marketing and many folk have bought in. With a rising BTC value, it's no problem for them to keep paying out, but ultimately I think it's unsustainable.

👍 greatvideos, artaddict

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@greatvideos · Dec 26 '17

$0.23

See,,
Everyone has the same opinion more or less about Bitconnect 
Thank you very much for Dropping by

👍 greatvideos, artaddict

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@fechaugger · Dec 25 '17

$0.15

Wasn't that a ponzi?

👍 artaddict, fechaugger, greatvideos

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@greatvideos · Dec 26 '17

$0.18

@ahuruglica just gave the answer

👍 greatvideos, artaddict, airdropupdate

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@ginquitti · Dec 25 '17 (edited)

$0.11

As long as the price of BTC goes up Bitconnect will be around. But with BTC price dropping, of course we saw a dip. We saw dips from all coins. I dont think its done yet.

👍 artaddict, greatvideos

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@ahuruglica · Dec 26 '17

$2.60

Look at the dip bitconnect/bitcoin not with dollars. It's scary.

👍 ctyptouniverse, ahuruglica

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@ginquitti · Dec 26 '17 (edited)

It’s about a 50% dip. Not unheard of in crypto space. It’s back up to $400 today. Rising with BTC. It recovered well. But the BTC/BCC comparison is fine all coins have a similar trend. It is doing much better today. Go check it out

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2 replies

@californiacrypto · Dec 25 '17

$0.11

Hey guys Im going to start my journey in Bitcconnect and will blog the whole thing, from my first loan all the way to my first capital release. 

I will make my first loan today and blog the whole thing.

Let me take all the risk for you and see if its the real deal and if it is you can join yourself, but if it is a scam I will expose it.

 Be sure to follow me to see how it goes and tell your friends to check it out and would appreciate all upvotes thanks.🤓

Check out my first blog on it below. 👇

👍 artaddict, greatvideos, californiacrypto

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@greatvideos · Dec 26 '17

$0.23

I know it works for the moment,, but I hear more news that it will fail than prevail

👍 greatvideos, artaddict, californiacrypto

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@californiacrypto · Dec 26 '17

And ill be here to blog about the whole thing. Not in it for the profits. Only loaned $190 not even 1% of my investments.  And hey if it does work out and I do profit great if not oh well.

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@minnowsupport · Dec 26 '17

$0.03

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by greatvideos from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>.  <strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>

👍 greatvideos

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@wekkel · Dec 26 '17

$0.11

I guess they need to shove out more lambos to lure in enough new participants.

👍 artaddict, greatvideos

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@ahuruglica · Dec 26 '17

$2.74

1.3B can evaporate faster than you blink. Bitconnect is not a scam, it is a ponzi scheme, they never scammed anybody until they day that they shut down. That how ponzi schemes work.

👍 ctyptouniverse, ahuruglica, artaddict, greatvideos

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@greatvideos · Dec 26 '17

$0.18

That is actually true!

👍 greatvideos, artaddict, airdropupdate

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