BITCOIN: BITCONNECT TO CRASH 2ND WEEK OF DECEMBER 2017 ????
I have been monitoring the current market situations surrounding Bitcoin and other Alt coins.
On the 8th of November 2017, I listened to series of speculations derived from calculated projections with infallible proofs that Bitcoin would hit $10,000 by December 2017 and $14,000 USD by March 2018. The constant tugging by Roger Ver of 'BCash' (I choose to call it that, because that is what I feel like calling it) vehemently trying to subconsciously make us (the general public) begin to believe that 'Bcash' is Bitcoin's official replacement is rather preposterous.
This undermining action by Ver in itself has made the Bitcoin value soar higher than what most had imagined, further more Bitcoin encompasses the cryptocurrency world as the legacy digital currency.
Other alt coins have been doing wonderfully well without fussing (unlike Ver): Ethereum, Litecoin, Dash, Monero, Ripple, IOTA, Cardano, Steem, Golem and many more doing all they can to achieve their goals and vision.
If you noticed, I never bothered mentioning Bitconnect (BCC) because the Token runs on a Deflationary system(Performs well when lots of investments are trooping in BUT when less investment is witnessed it compounds over time leading to even lower prices in a vicious cycle to implode) asides facing tons of scrutiny as you find out that the highest exchange that deals on BCC is Bitconnect's Exchange which is rather funny.
You may have noticed recently that the Bitconnect Token hasn't been performing well asides mirroring Bitcoin, according to the video shown below.
On the 3rd, November, a HUGE amount of money was moved out (See Market cap Image below), to the tune of $150million
The above is not categorically stating an obvious but it was shown for you to make your calculated assumptions and protected the little you can savage from your initial investment if you're on the Bitconnect platform.
Conversely, in Bitconnect's defence here is a video by someone(they never show their faces and are fond of using Pseudo names).
The video below shared with you shows how Bitconnect makes money, how they're able to pay out dividends and why it would NEVER go under.
Then on the other side of the ring, are serious counter accusations showing why Bitconnect is a ponzi scheme.
The video is shared not to antagonize Bitconnect's investors or prospects but I believe it's best you listen to both sides and then make 'an informed' decision.