I think it was just no longer profitable. When bitcoin was going up so much it didn't matter if profit was 2% a day as they held peoples bitcoin and that was increasing at a faster rate, so they always made money.
For a while bitcoin has been on the down so they started to lose and they usually wait it out but I think this time the $20000 price wasn't going to come soon enough, so they stopped the lending.
I have no doubt the spike in price was caused by them before but they would of held so much bcc they probably didn't even pay out half their amount. They would have known it would cause a massive crash and I bet they were the first to sell, now their probably buying back for a huge profit. So I do think they could have given more.
All that being said at least people didn't see a 404 page not found and no word from them ever again. A 90% loss is better than 100.
Did you ever manage to get your BCC out? I sold mine at $24, it took ages to process but that was good as the price doubled before I could sell. Also how well do you think BCC will do long term now? I have a feeling bitconnect are probably slowly buying to increase the price and confidence in the coin so in the future they can sell at a higher price. Clearly I think they manipulate the market allot.
RE: Responding to Jeti Knight's Response Video to BoxMining's Video