Ever since Bitconnect shut down operation of their loan platform. Their currency BCC has plummeted from around $350 USD to below $30 USD per BCC token in mere hours.
However I noticed that today BCC is up nearly 380%. It went up so fast I hardly had time to notice. Upon investigating, I found that Bitconnect announced on their website that for 10 days, they would accept BCC tokens at a value of $150 when used in purchases of their new alleged BitconnectX "ICO and exchange."
Edit: At the time of recording, the price wasn't very high yet, but by the time this video uploaded, BCC peaked at +500%.
Do you think the coin will actually reach $150 within 10 days?
I wouldnt trade in my Bitcoin BTC just yet.
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Who on the right mind will deposit bitcoin with bitconnect exchange. Some people will not never learn. And not, it is very unlikely that the price will ever reach $150.
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Agree. The exchange has shut down and so has its website. Trading on it right now is very risky. Although, we humans are greedy and since when the price reached $5 people have been buying and pumping it. I would recommend not investing anything till we are clear what gonna happen.
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