For those of you that have been trying to log into your Bitconnect account you might have noticed that their site has been down all day for schedule maintenance however there are several reports that the problematic crypto coin is in it's last days. There are now a total of 4 states that have send the company a cease and decease letter, because they lack a white paper and have been called a ponzi scheme by TSSB.
A pyramid scheme that uses the investment of newer investors to payoff the ones at the top. Where influencers like Trevon James have misguidedly helped conned innocent people into spending all their money on BCC. Now hes new scam is lying to newbies on Steemit well i can assure you that @trevonjb has put some of his "hard-earned" BCC coins to his steempower.
He doesn't know what the fuck he is talking about but idiots keep follow him like lambs to the slaughter house.
Since the sketchy company has launched their new platform Bitconnectx it seems that they have become the target of American Government who seems to be rallying slowly to eradicate it from existence. More over rumors are rampant that the company has been using their bitconnectx platform to siphon money to replenish Bitconnect.
If that is truly the case, then i hope that those of you that have invested in this coin are mentally prepared and have not over leveraged loans or money that you can't afford to loose. On the other hand we have seen this company shut down there site and have miraculously added 1 billion dollars to their market cap, in just 14 hrs and bumping their coins to $450.00 USD.
Well at this point only time will tell, let see what tomorrow brings if the site will be up or permanently on a hiatus for "maintenance."
Please Resteem