So, bitconnect made an exit scam like we all new will happend.
well..not exactly..They did converted your active loans to bitconnect coin at the price of about 350$ so if you had a 2000$ loan you would've get about 5.75 bcc coin, and they do let you exchange your coins for bitcoin. The problem is the value of the coin is trash now - 28$. It was about 400$ at the top. So you got two options:
1 . Convert you coins to bitcoin and move on with your life.
2 . Hodl - and wait for the coins to grow up in value (low chance for that)
3 . Send your coins to the new bitconnectx ico and use your bcc coins to buy bccx coins on the ico at 150$ per bcc coin price. so at the price of 50$ per bccx you can buy 3 bccx coins. The ico buy option is reseted every 24 hours at 12:00 am UTC.
The thing is , people is blaming the bitconnect youtubers promoters like Trevon james and craig grant. They have joined bitconnect at the start. When I first heard it from them I thought its another scam so i disregarded it. If I was listening back then I could have made a small fortune just with the appreciation of the coin. I didnt even had to make a loan and take the risk of locking in my money for a long period and with that Trevon james or craig grant would've not get their ref commision earnings from my loan. Im thankful for them for giving me that info on those early days of that platform when the coin was a couple of bucks. Im also thanking them for letting me know about steem and how its so awesome. Im not angry at them, even though I did made a loan under craig grant sponsership and lost it. This is crypto and you are the only one responsible for your decision. This is what crypto is all about. If you want the goverment and the banks to watch your back and know about every step you take and every move you make go back to fiat!.
Crypto maniac out
