Update: The shit finally hit the fan:

Texas regulators seemed to largely echo many of my major concerns above according to this article about their cease and desist letter: “BitConnect has disclosed virtually nothing about its principals, financial condition, or strategies for earning profits for investors. It has not provided a physical address in England."

“Despite providing no information on how it will make money for investors – including the algorithms behind the Trading Bot – BitConnect is touting its investments as a “safe way to earn a high rate of return.”"

Life and death of BCC

Texas cease and desist order 1/5/17; BCC shutdown 1/16/17

BTC: Cause, Effect, Correlation?

Top 10 wallets drained from 68% of market cap to 23% since the article. The top 1,000 addresses only have 44% of market cap now, the minority of coins!

Funny wallets: