Now that Bitconnect has been widely all over as a ponzi scheme.
It was evident that the price would surge low, and that happened immediately after the declaration from Bitconnect.
90% drop and the investors were horrified at the happenings.
What surprises me now is, if it's so much of the known fact that it's a scam, probably a ponzi scheme, why is the price rising again?
Does Bitconnect being a ponzi or of the kind has no effect in the buying and selling or trading of the crypto?
Looking for an experts advice?
@defango, anything that you can put into?
Any others?
Not an expert, however from what i know, the BCC coin wansn't invoved in the lending program, and lived a life on it's own. And bitconnect will now act as a wallet service and a crypto news provider. This means that the BCC coin still lives it's own life, however with the recent news it has dropped a lot in price.
I'm not an expert but this is what i know. Hope it helped @lillieskold
That does helped a little. I got to do a little bit of my own research. Thank you buddy!