'What is happening?' is the question on our minds now. We have seen the massive drop of Bitconnect from $140 to $ 81 in just a few hours. It's now down by 38%. Adding to our woe is the fact that the site bitconnect.co is temporarily down. Now, bitconnect.co is a site that has received a lot of flake from netizens. Accused of being a scam site that was giving away massive commissions that's not practically possible. Many did predict that it would shut down soon, taking with it all the cryptos.
Is bitconnect.co the reason for bitconnects massive dump? In 2014, with Mt. Gox claiming to be hacked, the site disappeared with $ 460 million. This caused a huge upheaval in the crypto world, causing bitcoin to spiral downwards. BTC recovered just this year after 2 years of slow recovery.
What are you going to do with your bitconnect? Sell it or hold?
