Bitconnect to shut down

Bitcoin has lost 40% of it value in just one month which is causing panicky investors to invest in gold rather than Bitcoin. Investors fear they will loose money because of the Bitconnect trading site  which has said it is to close down. Bitconnect has assured its customers that they would be able to withdraw at a recent exchange rate. but because of ongoing cyber attacks it is preventing investors to withdraw.

People have been posting on social media sites that they fear loosing anything from small amounts and up to whole life savings. There have also been reports of investors being tricked by scammers calling themselves Bitconnect customer support who have unwittingly handed over their wallet information. The cryptocurrency community showed no sympathy to the news of Bitconnect shutting down.

 

Paul

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