Seeing all these YouTubers who were major promoters for Bitconnect in a state of denial is absolutely frustrating. HYIPs have an exit process.
1st: Create a problem that causes the platform to not function or function poorly
2nd: Take the website down temporarily
3rd: Bring the site back up with modifications claiming the problem was solved or new features added.
4th: Pull the site completely down stating some level of uncontrollable difficulty.
5th: Promise the world a refund or that they are coming back.
6th: Send everyone to Telegram where further news and updates will be released.
When the 6th step happens it's done! And the team on the Telegram channel will work relentlessly to milk the people of more money utilizing false hope. Whats really bad is MANY of the big YouTube promoters for Bitconnect are telling people NOT TO SELL THOSE BCC TOKENS. To hold them and wait 6 months.
I don't think I need to get into much detail about why that is the dumbest idea and how it only benefits the LARGER MORE INFLUENTIAL PROMOTERS to prevent everyone from selling.
I sold my BCC and bought Cindicator CND on Binance. Why? Well because I have known for a long time it was a good project and because just yesterday some real crypto professionals released a newsletter telling their subscribers to BUY IT. And the reasons for buying it was VERY VERY COMPELLING.
So if your holding BCC tokens and are trying to figure out a way to recover your loses, DONT GO BACK TO THE LENDING PLATFORM BS! Buy something that the pro's say to buy. Watch the video below and see for yourself. Cindicator is still cheap and is REALLY UNDERVALUED.