Proof Bitconnect is Coming to an End
Bitcoin will be coming to an end in five days due to DDOS attack, bad press, and the Cease and Desist that has been issued from Texas and North Carolina. Bitconnect will be issuing out all active loans in 5 days and you can see for yourself at https://bitconnect.co/system-news/94/changes-coming-for-the-bitconnect-system-halt-of-lending-and-exchange-platform/
▶️ DTube
▶️ IPFS
Looks like this is it folks. The exchange is constantly giving 404 errors.
Bitconnect made a load of people loadsa money, but will probably cost a lot of people loads too.
Yep, I lost on this, I can't log in or anything, hopefully they will give our active loans back like they said they will, HOPEFULLY. I am taking what they say with a grain of salt.
Well, I managed to get into the site but it wasn't really working much at all. When it isn't doing a 404 or blank page on it, I can see that they have technically returned the loans in the form of BCC tokens... but... the big but is, they have also said they are closing their exchange which means you'll have to get the BCC to another exchange that accept them and then sell them for BTC there instead. At this rate, it's hard to see who will want to buy BCC tokens now. I've written this off already a long time ago, I didn't invest much just as an experiment so it has not done much damage to me.
However, the fallout for some of the YouTubers like Trevon James and CryptoNick will probably be pretty ugly.
They just released the funds, and I sent it to an exchange to convert to BTC
Site must be creaking under the stress of hundreds of thousands of users trying to do the same... will keep trying.
Aw man, the promoters are probably in hiding right about now, this is just awful. I signed up under Trevon James.