Is BitConnect lending dead? No!

fredstyles (25)in #bitcoin • 7 years ago

Folks,

With BitConnect shutting down its lending service everyone in that community has lost money and are scared to death wondering how they are going to recuperate their investment. Rumors has it that BitConnect is contemplating paying out investment money to those who joined the platform in the last three months. Really?? I will believe that when I get my check. BitConnect has found a way to screw a good thing up. They have a great community that believes in the platform. If BitConnect had been more transparent and clearly communicated what their plan was to deal with what was plaguing the platform (dos attack) and what obstacles that arose (Texas and N. Carolina send Cease and Desist Letters). All indications point to BitConnect panicking and pulling the plug before clearly communicating their community their plan of action. Its like they bought into the FUD other there about BitConnect. Perhaps they thought that governments were going to look into their "trading bot" or lack of a "real" trading bot. What BitConnect did do is show that by giving all the coins back to its users it was not a "Ponzi scheme". Maybe that was their intention,however, at the risk of its community feeling betrayed. With the launch of BitConnectX coins I do not see how or why the community would support the coin.

Now that BitConnect has shutdown its lending service what should we do with the BCC tokens we have? Here are Four things you can do:

exchange your BCC token for BTC on the BitConnect exchange and hope you get people to buy your token for $200+;
exchange your tokens on an exchange like Coinexchange or HitBTC and get virtually nothing;
Hold your BCC coins and hope the value rises to a profitable selling point;
open a Oction.com account and keep lending your BCC coins for interest daily.

You can trade and lend BCC on Oction.com. BCC is listed on their P2P exchange:

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