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RE: BITCONNECT (BCC): A High Impact Trade; Higher Risk & Higher ROI Potential
This coin is heavily manipulated as the vast majority are owned by the bitconnect founders due to a huge pre mine. They can restrict supply as they choose. The only purpose of this coin is to facilitate (and act as a cut out for) the bitconnect lending program, so it’s not news that will affect price but supply being throttled by the founders.
News never drives price.. sentiment does.
News will arise to justify forecast and NEVER the reverse!!
Not in this case!
Heard that many times before.....and no, Haejin isnt always correct, but more times than not. Remember....there are coins that are useful and valuable, coins that are useful and have no value, coins that are useless and valuable, and coins that are useless and have no value. What it does or doesn't do rarely comes into play.
And manipulation