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
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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 : /
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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?
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