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Kraken is back up and running! Bitconnect is still down. by bwells

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· @bwells ·
$51.61
Kraken is back up and running! Bitconnect is still down.
<html>
<p>Kraken, &nbsp;one of the largest exchanges out there, &nbsp;was down for a few days after they were supposed to have a scheduled maintenance that was only supposed to last a couple of hours. &nbsp;Many people were panicking over this, &nbsp;but luckily for everyone involved, &nbsp;Kraken seems to be back up and running normally. &nbsp;</p>
<p>Since I don't use this exchange anymore, &nbsp;I am not sure if their update helped speed up the orders. &nbsp;If you still use Kraken make sure to leave a comment on how it is working now that they have completed their update. &nbsp;<br>
<br>
In further news, &nbsp;Bitconnect has been down for maintenance for a couple of days now. &nbsp;This is concerning for the holders of this coin and for those that have "lent out" their coin on the Bitconnect platform. &nbsp;</p>
<p>This comes just days after Bitconnect received another cease and desist letter from the state of North Carolina. &nbsp;They are the second state behind Texas to send Bitconnect a cease and desist letter.&nbsp;</p>
<p>I am not sure if this is just the corrupt government of the United States trying to get Bitconnect shut down so their citizens can't continue to earn free money, &nbsp;or if they are trying to legitimately protect their citizens from a ponzi scheme.&nbsp;</p>
<p>Bitconnect has been the center of much controversy and debate about whether or not their service is a ponzi scheme, &nbsp;whether or not it is sustainable, &nbsp;and if or when they would finally pull the plug and go missing with everyone's funds. &nbsp;</p>
<p>One thing is for sure, &nbsp;and that is the fact that many people made millions using Bitconnect. &nbsp;That is not to say that it isn't a ponzi scheme, &nbsp;but it is certainly a fact. &nbsp;I even made a small amount of money from their platform off of lending $300. &nbsp;I never had a problem with a payout, &nbsp;but one must admit that all of these types of lending platforms have the capability and much higher probability of being a scam. &nbsp;Especially as compared to legit cryptocurrencies out there that have real usability and function.&nbsp;</p>
<p>Do you think Bitconnect will come back again and silence the haters, &nbsp;or is it gone for good this time? &nbsp;Tell me what you think in the comments!&nbsp;</p>
<p>To the moon,</p>
<p>@bwells</p>
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vote details (24)
@abhicrypto ·
Finally , crypto world does not need any exchange problem right now !
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@aowal202 ·
We get a lot of benefit from your post. But we think bitcoin will not cheat us. We want bitcoin prices to be always above.thanks for sharing informative post.upvote and resteem sir.thanks @bwells
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@bankthecrypto ·
i think that this is the end of Bitconnect
👍  
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vote details (1)
@blazing ·
bitconnect after their ico seems fishy to me
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@cityslicker ·
Kraken is back great to know that
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@cutiepie ·
kraken came up fast finally great to know that
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@fazlehassan ·
its very wonderful and learnable post. i think people of all ages like it. So thanks
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@henryrider ·
$0.03
crypto's are the future, thanks for this information..
👍  
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vote details (1)
@kingsberry ·
Its great news for Kraken exchange users. Now they're really excite.
I extremely believe bitconnect will comeback again. So no need to worry I think.
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@machhour ·
$0.26
Fud everywhere , i think bitconnecy will come back very soon ,:)
👍  
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vote details (1)
@yallapapi ·
http://i.imgur.com/zCQYirF.png
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@madushanka ·
I guess Bitconnect scheme come back soon correct way same also come backing kraken exchange. We'll see.
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@matthewdavid ·
$0.26
The problems with centralized exchanges are real. It just points out the need for decentralized exchanges.

I've been extremely pleased with Bitshares. I've made quite a bit trading and transfer times are very quick. I learned about #bitshares here on Steemit and I'm so glad I did!
👍  
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vote details (1)
@smileplease ·
Its really good news and bitconnect also come back as soon possible.
👍  
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vote details (1)
@starboye ·
even i made some profit but will invest more or not i don't think
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@wakeupnd ·
$0.26
The bitconnect ponzy scheme might be finally coming to an end.
👍  
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vote details (1)
@yuchristhalie ·
I really do hope this is not Bitconnect's exit play. Although, it may not affect me for I really have known from the start it was Ponzi.
But I know many Steemit friends have invested in it. I sure do hope you take out the funds when it goes live again!
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