Post
Topic
Board Altcoin Discussion
Re: BitConnect - Is there any chance for BitConnect to fail?
by
SMB-2525
on 25/11/2017, 10:37:30 UTC
According to CoinMarketcCap, bitconnect lost 70% of its market cap on November 3rd.
https://coinmarketcap.com/currencies/bitconnect/#charts

One point that occurs to me is that as long as BitConnect keeps all of the BTC invested as its "reserve" then the ponzi is sustainable for as long as bitcoin keeps increasing in value as it has.Notice that the value per BTC has essentially topped out and rolled over.