Quick update to those invested in Bitconnect.
Original affiliate program had 10 tiers.
Then that number was cut to 7 tiers on Jul 26
As of Nov 3 the total number of tiers reduced to 3
For those with Bitconnect wallets (i am not one of them) it might be a time to pause and reevaluate their holdings.
Obviously, the referral program was a success, but what does this disincentive means long term for the price of BCC?
For now BCC gained ca. $10 since the news were maid public, with no volatility on the day of the announcement.
But in order to support the continued growth of the system the platform needs more users that those affiliates drew in.