CRYPTO EMERGENCY? Why is BitConnect (BCC) Crashing over 50% over the past hour!!? 📉 📉 📉 by mikev

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bitconnect · @mikev · Aug 25 '17 (edited)

$8.68

CRYPTO EMERGENCY? Why is BitConnect (BCC) Crashing over 50% over the past hour!!? 📉 📉 📉

![](https://steemitimages.com/DQmZ7d22P1JKbKnKgXGRGTZyx7adn9XFFkePHHGEUFr2zEW/image.png)

<h1>Price has dropped over 60% and is now starting to creep back up.</h1>

![](https://steemitimages.com/DQmbtStjxTmcLz5RbaBRMs9zGTZiF33RztMNstM69ENary1/image.png)

<h3>What is going on here?</h3>

https://coinmarketcap.com/currencies/bitconnect/#charts

Accounts were operating normally until about an hour ago.

Some say a "Circuit Breaker" was triggered? (token update with malfunction?) 

Nothing on Twitter from official BitConnect. https://twitter.com/bitconnect

<h4>Yes, I bought the crash. Here's to hoping for eating off weak hands! :)</h4>

Stay strong my BitConnect friends, be patient. There's been a lot of good stuff coming out recently. Don't sell at a crazy loss. Ride the rollercoaster at least until we know more information.

Cheers,

@mikev

👍 booster, minnowbooster, chitty, randowhale1, mikev, prosirius, arsenal49, fyrstikken, duridsukar, taspingo, unrared, lovemetouchme2, cheftony, crypto-kfx, bvbowhunters, cyphercrypto, upgoat, moneyminer, v12marketing, bitcoincash, resheep, randowhaletrail, ubg, linetrash82, ericsim, epeakinfo, gemsborg, ericsim1991

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@booster · Aug 25 '17

<p>This post has received a 3.53 % upvote from @booster thanks to: @mikev.</p>

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@crypto-kfx · Aug 25 '17

Best Ponzi Scheme ever

👍 darrenwilliams

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@darrenwilliams · Aug 25 '17

You are right it is the best Ponzi scheme ever i just hope people get there money out as soon as because i think this ship is sinking!!

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@mikev · Aug 26 '17

you think so @crypto-kfx ? 

it's been smooth so far. I guess it was an exploit?

@darrenwilliams, same here. I think we're good for the next 12 months I'd say

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@cryptoindex · Aug 25 '17

$0.02

Let's get @craig-grant to comment here.

Oh what? He hasn't posted in 4 days when he usually posts 3+ times a day?

The number 1 shill for BCC is missing days before the website went offline and the coin crashed?

Nothing fishy going on here at all fellas.

👍 cryptoindex

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@dianclasher · Aug 25 '17

Nice post @mikev

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@doccrypto · Aug 25 '17

$0.29

Hacked!

👍 doccrypto

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@mikev · Aug 26 '17

yes! did you here how they did it?

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@duridsukar · Aug 25 '17 (edited)

$0.10

I don't think they would take all the hassle in creating new logo and promoting it if they were planing to scam everyone in few days.

Beside, the market cap has lost over $300 Million in less than an hour, HUGE SELLING!!!

👍 mikev, princeshady5

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@mikev · Aug 25 '17

$0.30

@duridsukar - right?? that's abnormal. have we seen other crashes that big that did not bounce back?

👍 mikev

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@storxusmc · Aug 25 '17

The marketcap has BCC Exchange *, stating its not added into the Market Cap....rumor is there is a bug in the wallet from the new Segwit crap... causing duplication on coins during transfers...so people are duping the coins and trying to sell off quickly... over 900k coins were transferred out of a single wallet that only have 1k coins prior to today...

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@linetrash82 · Aug 25 '17

$0.03

ride it out. See what happens. Like the old saying "don't put your eggs all in one basket."

👍 mikev

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@mikev · Aug 25 '17 (edited)

$0.30

Yes, this is good advice. I'm hoping it bounces back real soon :)

👍 mikev

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@minnowbooster · Aug 25 '17

@minnowbooster upvoted this post!

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*@mikev got you a $1.66 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
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@randowhale · Aug 25 '17

$0.05

This post received a 1.5% upvote from @randowhale thanks to @mikev!  For more information, [click here](https://steemit.com/steemit/@randowhale/randowhale-is-now-only-1-steem-sbd-per-vote-spread-the-news)!

👍 danknugs, nextgencrypto, steemservices, ozchartart

`author`	randowhale
`permlink`	re-why-is-bitconnect-bcc-crashing-20170825t050114
`category`	bitconnect
`json_metadata`	"{"app": "randowhale/0.1", "format": "markdown"}"
`created`	2017-08-25 05:01:15
`last_update`	2017-08-25 05:01:15
`depth`	1
`children`	0
`last_payout`	2017-09-01 05:01:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.050 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	205
`author_reputation`	47,657,457,485,459
`root_title`	"CRYPTO EMERGENCY? Why is BitConnect (BCC) Crashing over 50% over the past hour!!? 📉 📉 📉"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	12,806,501
`net_rshares`	12,843,884,872
`author_curate_reward`	""

properties (23)vote details (4)

voter	rshares	pct
nextgencrypto	4,713,171,606	0.25%
danknugs	5,840,308,185	0.25%
steemservices	1,296,046,678	0.25%
ozchartart	994,358,403	0.25%

@steemking777 · Aug 25 '17

why-is-bitconnect-bcc-crashing-comment

awesome!

properties (22)

`author`	steemking777
`permlink`	why-is-bitconnect-bcc-crashing-comment
`category`	bitconnect
`json_metadata`	{}
`created`	2017-08-25 06:10:42
`last_update`	2017-08-25 06:10:42
`depth`	1
`children`	0
`last_payout`	2017-09-01 06:10:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	8
`author_reputation`	-1,548,078,147,649
`root_title`	"CRYPTO EMERGENCY? Why is BitConnect (BCC) Crashing over 50% over the past hour!!? 📉 📉 📉"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	12,810,291
`net_rshares`	0