https://www.nandibear.com/img/bitconnect-coin-plunge-59-dollars-steemit.com-nandibear.com-nandi-bear-luke-bitcoin-august-25-2017-sell-1.png

<center><h2>Bitconnect death plunge - $59.77 USD - August 24th 2017 - 11:30 PM<br>
50% plunge for just several minutes?</h2></center>

First off it appears that the price of <a href="https://bitconnectcoin.co/">BitConnect</a> is recovering favorably and expediently. So don't don't please don't start jumping out of your office window or off the bridge on your way home today.

<center><h2>I typically keep <a href="https://coinmarketcap.com/">https://coinmarketcap.com/</a> open here on my little computer in my mom's basement.</h2></center>

Unfortunately I wasn't able to precisely ascertain exactly what amount of time that <strong>Bitconnect</strong> was in the death plunge.   I monitor <strong>Coinmarketcap.com</strong> like <strong>24-7</strong> aside from when I take an occasional shower.

At the outset of my observation of the Bitconnect crash this evening (really its passed midnight now as I right this report) the price was even lower than what I was able to capture in the screenshot.  I first noticed the price  wreak when it was at like <strong>$53.something USD</strong> or <strong>$56.something USD.</strong>

At first I didn't intend to write anything about what appeared to be a price collapse of Bitconnect.  It wasn't until I remembered that I had once witnessed something similar when a mid-tier coin had dropped down to 7 cents for what seemed like just several minutes in the middle of the night.

At that point I made up my mind to jot down some brief notes regarding what had transpired tonight so that we may study this type of phenomenon and analyze it more.

<center><h2>What are your thoughts?</h2></center>

<strong>Question</strong>: Is it normal for top-tier coins (anything over $100.00 USD) to plummet, or nosedive, 50% in price for fleeting periods of time during odd hours of the night?

<strong>Note</strong>: Btw, it's Central Standard Time here where I'm at in the US (and where I witnessed the events described in the foregoing report).

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