I completely agree regarding the reliability of the sources. The increase in addresses seems correlated to the pump phase. It appears that sharp decreases occur when the BCC/USD price gets too low, to recirculate coins so the pump cycle can start again. That's just my working theory. BTC price hasn't really moved that much more, having held at about $5,500 (better than I had expected).
RE: Are people fleeing BitConnect?
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Are people fleeing BitConnect?
This is from last night 10/25/17 @ 8 PM
This is from this morning minutes before this post:
So, it appears that the vanishing of addresses peaked out in between these two times. Note that bitcoin surged about 6% during the same period.
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Following the recent price surge:
It's like blowing a balloon. You blow air into the balloon to inflate it, but you don't breathe that air back out from the balloon because you'd never make progress inflating it.
Likewise, with BCC when the wallets are building up, I think that's the result of BCC exchange pumping reflected in the blockchain. I also think the rapid address liquidations are off-exchange, and therefore don't redeflate the price balloon. The liquidations still give bitconnect enough coins (air) for the next pump (breath).
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well it is still growing..
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