The most loved, and hated lending platform in the cryptocurrency world. Bitconnect is finding itself under a major DDoS attack which have lasted for more than 39 Hours.
While the investors are holding their breath and hoping that, the platform will survive. The naysayers and the biggest critics are holding their fingers crossed for the system to crash. So they can say: "I told you so"
It was first reported publicly by Bitconnect official Twitter page. That they were having some Server Issues.
01.13.18. 05.55
@bitconnect .co website is currently down due to server issues. We apologize for the inconvenience
06.17 a.m
We are still working to resolve this disruption within our service. Thank you for your patience during this time. Will update you once its done. @bitconnect
10.04 a.m
We've been under continuous DDoS attack which inevitably affects our service. We're mitigating as fast as we can.
It may take up to 24 hours. Will update you once it is under control. We apologize for any inconvenience this may cause @bitconnect
23.52 p.m
The website is still under DDoS attack and we are monitoring on it. We request not to do a valuable transaction until the incident has been completely resolved. We apologize for any inconvenience this may cause @bitconnect
14.01 08.51 a.m
“We are still under DDoS attack, thank you for your patience.... we are still working on it!!!”@bitconnect
Whatch the video below, to learn what DDos Attack is
The Bitconnect coin has taken some beating of the last week, according to coinmarketcap.com . Seven days ago the 7th of January 2018, the bitconnect coin was trading at $449 with a market cap of $2.7B Today 14th of January, The coin is trading at $288.22 with a market cap of $1.8B
Down 9.25% Since news of the attack, and 36% overall the last 7 days.
If Bitconnect is able to survive the attack with all the investors funds intact. The confidence in the system will rise and I can see the bitconnect coin rising back to $450 pretty fast.
We will see what happends, as I will keep you posted
Update:
Bitconnect has died
https://steemit.com/bitcoin/@lucrum/bitconnect-is-offically-dead