On one hand, I absolutely agree a 90% loss is better than 100% loss. On the other hand, the fact that we know they manipulated the price and if they are buying it back to slowly pump up the price at the expense of you and me and everyone that invested, that's just messed up. Considering they were selling out BitconnectX ICO everyday before they pulled this stunt, they had enough crypto stored up that they could have given some of that back to people instead of all BCC at the inflated value of $363, but they decided to keep that so they can use it to buy back BCC to slowly pump up the price (and the price isn't really high, just $30).
Thinking about this more, instead of manipulating the BCC price, they could have just released everyone's loans into the lending wallet. That way, everyone have to buy BCC and then exchange it for BTC to exit. Jeti Knight always said we are not getting dollars, just USD VALUE in the lending wallet. By releasing everyone's loans into the lending wallet (that's what supposed to happen during a capital release), BCC price would be naturally pumped up instead of articificially pumped to $363. At the end, we probably wouldn't have been made whole but I think we all would have come out with more than 10%.
I finally am able to get my BCC out. But I'm selling slowly, hoping the price will come up a little bit more. Have to make a decision within the next few days on if I want to sell it all before they drop the $150 pegged value of BCC in BitconnectX.
RE: Responding to Jeti Knight's Response Video to BoxMining's Video