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Oh just read your report again, and you mention you think you were one of the first to find the glitch, but when was this? Someone on the bitconnect glitch announcement page mentioned they found it 6 or 7 weeks ago and tried reporting it to support a couple of times at least. The support seemed to tell them that everything was alright and didn't seem concerned. This rings alarm bells, because what if the support had already heard many reports of this but were just employees and didn't tell the people involved and took advantage of it massively? The bottom line is that actual money is at risk here and they need to have the reserves to either sustain the price for the coin holders as this also helps them to be able to cover their liabilities, or they will need to sell off their BCC while the price is still high to buy back later. They then can carry on as normal as they have everything covered but investors may end up stuck with much lower rates to compensate until growth resumes to the usual level.
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At around 5 pm GMT on 24th of August the service started to be "spotty" - available/unavailable times once in a while. I had to perform a transaction so patiently waited and finally managed to do it. After a while I noticed my balance stayed intact. I though it was some lag or something but was actually quite happy about it. Anyway, I couldn't confirm that my receipient received the coins so simply logged out. At 5.40 pm the service was down completely ("we'll be back soon!' message). At 6.33 pm a friend of mine reported the double BTC on external wallet (bittrex), where he sent the BTC from bitconnect wallet. He also reported his bitconnect BTC balance stayed intact. At the same time w huge BCC drop (sell order) appeared at the market (around 2000 BCC) and several smaller ones with hundreds of BCC. The site was up and down at times. At 6.53 pm another friend tried to do the trick. He did the transfer but nothing extraordinary happened - no frozen balances or double coins. At 7 pm the service went down again. The service was back live again at 7.11 pm (it was said to cointain updates, like the possibility to change your email address). But it was still "spotty". At 8.46 pm I finally could also log in and found out that my BCC balance still contained the extra coins. A friend to whom I sent the coins also confirmed that he received them. At 10.30 pm another friend reported the defect to BitConnect support. At the same time another friend tried to withdraw the BTC that shouldn't be in his wallet, but he received and error message at bitconnect platfrom (The message simply stated: "Error"). At 1 am I had to send another transaction and due to laggy service I thought I didn't manage to. To my surprise a couple of minutes later I noticed that I did the same transaction twice (although I didn't get any confirmation message of that at the time I tried to do that). Of course the BCC balance stayed intact again. I was actually pissed off that I did the same transaction twice (I knew they would regulate the balances later but not my double spends) so I went to bed. At about 1.40 am the BCC price sky rocketed to around 140$. At 1.53 am the price was already at 155$ and the Volatility based circuit breaker started to work - the transactions were frozen for 2 hours. At 2.30 am the BitConnect site started showing SQL errors. At 2.41 am a friend reported BCC sells at NovaEchange for like 95$. And it kept on dropping...
So in short, people had like 10 hours to do the trick. Plenty of time but actually not really. Notice, how often the site was down at that time and how hard it was to log in, not to mention any transfers. So all in all, I don't think the loss was THAT big.
And IMHO, people reporting glitches 6 or 7 weeks ago are talking bullshit. But who knows...