Bitcoin, Ethereum and almost every other cryptocurrency is plunging
Look away now if you own bitcoin or other cryptocurrencies. This won’t be breaking news to you if you are invested, but today has seen the entire crypto market fall by double-digit percentages.
The price of bitcoin slumped by 15 percent to drop below $12,000 for the first time since December 4. Ethereum, meanwhile, fell by over 20 percent to hover above $1,000 and Ripple is down 33 percent to $1.23 at the time of writing.
The price drop is having a huge impact. According to Coinmarketcap.com, a site that is quickly becoming the go-to price checker, just one of the top 100 highest valued cryptocurrencies isn’t in the red over the past 24 hours. That’s Tether.
Day 54 with homeblockcoin lending platform! Picked up some altcoins , ethereum and bitcoins with this profit. If your interested , the sign up link is in bio or dm me for help!!! (Risky investment, don’t put in what u can afford to lose) #homeblockcoin#hbc#bitconnect#bcc#bccx
Its scary how quickly people forget the financial past in the face of possible passive income and consistant returns. Some unfortunately arent aware that these types of scandals are common. Bernie Madoff ran the most successful ponzi scheme in history for decades during the major bull markets before the housing crash. As with all ponzi schemes they always come undone when the market they are involved with tanks. This is why the bitconnect users are suffering right now. I hope they remember this lesson for the future. DavorCoin, USI Tech..any if these so called "lending platforms" you need to stay away from. They will always fail and you will end up losing your investment when the markets tanks.
1 51 hours ago
Check out capp that I purchased a couple weeks ago! $66 into $1,715 in 5 weeks! A little investment into crypto can change your life... hope someone took my advise!! #cappasity
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Credit-> @lauraegocheaga - Praying to God that no one that follows me got involved in #bitconnect; I’ve been warning about this Ponzi scheme for a long time now. DO YOUR RESEARCH. Obvi there was no sustainable Growth for Bitconnect. You can’t get 10% of your “lended” BTC forever guys 🙄 Come on y’all are smarter than this 👩💻 Now go buy some BTC and make your losses back with a REAL investment 💭
Bitconnect is officially closing its doors. They will no longer offer a lending platform, therefore making their Cryptocurrency completely useless. Bitconnect has been labeled by many Crypto enthusiasts as a “ponzi scheme” even so by Vitalik Buterin, the head of Ethereum. Here is a clip of what the top “promoters” for Bitconnect had to say about the recent downfall of Bitconnect.
Tag a friend who lost 💰 on Bitconnect
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