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can someone explain the bitconnect dip to me? what happened here?

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can someone explain the bitconnect dip to me? what happened here? also what's the controversial surrounding bitconnect?
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>>3218988
anyone?
>>
People found out that the lead dev was a tranny and it created a panic but eventually it settled down.
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Bitconnect is a scam
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>>3219847
>>3219857
someone with real asnwers please
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there was a mayor flaw, people could widraw more btc then thy had
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Lead dev arrested for pedophillia
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>>3218988
I have no idea, people who claim bitconnect is legit are very strange. Bitconnect clearly represents their coin as a pyramid scheme on their own website. The value of this coin is only given to the investors who have a long term hold, the only thing stopping them from taking their coins out is because they CAN'T until their "contract" (if you can even call it that) is over. Eventually this will drop like a sack of bricks.
>>
this is why
Thread posts: 9
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