What is going on with Bitconnect ?

in bitconnect •  7 years ago  (edited)

Hello after I invest $10,000 on bitconnect and keep reinvest now unable to login into my account for about 3 days and when I login last I saw some bitconnect on my account, what is really going on with bitconnect, can someone tell me really what is happen with them and why am I seeing bitconnect instead of dollar or have they started given out but bitconnect instead of the regular dollar ?

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Are you sure that you have not been hacked?

I have manage to login into my account so how can that be hack ?

Not hacked. They closing up shop on their lending platform. They are scumbags.

Bitconnect has been exposed as a fraud/ ponzi. They have multiple orders to shut down. = Not Good
I wish you the best of luck getting your money out...

^^ Yep.

Honestly, at this point, I would download their QT Desktop wallet, send your BCC their, and stake them. In hopes that they rectify the situation sometime in the future by developing further upon the BCC blockchain or integrate it into their BitconnecX bullshit or something. Or you can sell at the massive loss. Either way the situation sucks. Again, sorry for your lost and as mcbitty said, good luck getting your funds, hope you can recover as much as possible.

This is the best advice, if you can hodl, you will gain.

They closed the lending platform. Any active investment you had, they converted the USD value to Bitconnect Coins at a value of like $364/Per BCC... which is retarded because now the coin is essentially useless. That being said the BCC blockchain still works, you can stake coins or sell them on the exchange, however I think the coins are only worth about $18ish per coin on HitBTC, I haven't checked BCC's internal exchange.

TL;DR They gave everyone worthless BCC tokens that lost like 95% of its value. Sliver of hope that they try to do something with it in the future, fat chance imo though. I think they are gonna go away soon.

how could they do $364/per BCC why I see now on other exchange it say $17 how can that get me back my $10,000

It won't unfortunately. I only lost a few hundred, very sorry that you had much invested. They chose 364 because it was the avg value of the last 15 days before it went down. So you had 10k in active investment, they should've given you roughly 27.5 BCC. However, again, the coins are essentially worthless at this point. Sorry to deliver the bad news : /

I'm sorry for u. I lost some money to investing in bitconnect. Unfortunately​ I don't think that any project with​ bcc will appear, or be successful​.
who's gonna invest in BCC right now?

I have warned everyone about bitconnect as I was skeptical about its business plan, so much like a ponzi scheme, here it was my warning telegram link and twitter link
and here was the first prior warning telegram link

hopefully it will upgrade

Any idea on what I can do to get back my $10,000 ?

  ·  7 years ago (edited)

There is not much you can do. If you are located outside of the US you can purchase Bitconnect X (BCCX) and they will give you a $150 per BCC temporary rate. But keep in mind you would be buying another coin from the people that scammed you $10,000 in their Ponzi scheme. The staking you'll get about 7% of your total coins per month and will eventually drop to 1% per month as time goes by. Honestly, is it a good idea to hold onto a coin that is known in the industry as a Ponzi scam coin? Don't let the promotors FOOL YOU AGAIN. I swear people staking and telling people to stake are watching Trevon James videos lol. SMH.

Here is the BEST option to make your money back, but it's your money and you do what you feel is best for yourself.

Sell why its at least worth almost $20 per BCC. I just purchased a good amount of the following coins that have double-digit multiplying potential.

I bought a boatload of SIA Coin (SC). This I would actually highly recommend buying. Look into it yourself first and you'll see why. My prediction: SIA Coin (SC) 30x - 50x in a few months.

These 3 have "potential"

  1. CAN - Trade at https://Kucoin.com
  2. MED - Trade at https://gate.io/signup/979893
  3. ICX - Trade at https://www.binance.com/?ref=11836687

Buy and HODL. CAN has 10x or higher "POTENTIAL". MED and ICX have already gone up a lot, but still have more potential, however, do your own dues and look into these coins before actually buying them.

A great place to look at for coins that can go to the moon is here https://www.coinmarketcal.com

Things to look for are "Coin Burns" which will usually make a coin price go up. It has many great ways to see upcoming events and release of coins that you can look into and hopefully find a coin that gets your loss from Bitconnect back.

omg..first please check out this news man hope you get the bitcoins news
https://steemit.com/bitcoin/@mdazhar1710/whu-has-bitsoin-s-rrise-fallen

111lawsuit_mgn.jpg

https://d.tube/v/cryptobtcchris/0m9ih5rh

Brief overview of cryptocurrency markets and market cap. Pop star Katy Perry posts her crypto nails on her instagram. Rapper 50 cent just found out he is a crypto millionaire. Stock market app, Robinhood, is going to start selling 2 cryptocurrencies in 5 states with no trading fees. The Square cash app has expanded its beta bitcoin program to new users. Both Robinhood and Square Cash will be competing with Coinbase. There are a few big YouTubers getting sued for their involvement advertising and endorsing Bitconnect. I give my thoughts on buying BitconnectX tokens vs hodling BCC tokens. Twitter is a great source for Verge XVG news.

I'm curious, who got you to buy into Bitconnect in the first place?

one guy on you tube send me the link ?

Think about it . . . you took investing advice from one guy for $10,000.00 dollars of a company you should have done your own research on?
The money is gone.

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