Biggest EXIT Scam in Crypto 2018: BitConnect Collapses
from #NotAnotherBitcoinPodcast Hosted by Not Another Bitcoin Podcast
Pour one out for the homies — BitConnect is wrecked. How goes it? Kenn warned everybody about this piece of garbage for months, nobody wanted to listen, and now he's not above saying it: I told you so.BitConnect just announced it's closing its lending AND exchange platform — effective immediately, all loans released at a made-up rate of $363.62 while the coin was already trading around $222. The exchange shuts down in five days. So what is BCC even used for anymore? Nothing. There never was a lending bot. This announcement is them admitting they were full of it without actually saying it.Kenn breaks down their official excuses live — the "bad press" (yeah, that was him), the cease-and-desist letters straight out of Texas he said were coming, and the DDoS attacks — and asks the only question that matters: if you had a multi-billion dollar market cap and a magic trading bot printing 40% a month guaranteed, why would bad press shut you down? Because there was never anything behind it.The referral teams, the downlines, the guaranteed returns — done. This is the biggest exit scam in crypto, caught live as it happened.How goes it? Have a day.
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