BITCONNECT PRICE NEWS
On June 10, Bitconnect coin, better known to the community as BCC, reached an all-time high price at $59.24. Within a three-month period, the price of BCC increased from $1.76 to $59.24, recording a staggering growth rate of 3,265 percent.
Since the beginning of 2017, the cryptocurrency market demonstrated an exponential growth rate, achieving a historic milestone on June 9 by surpassing $100 billion in market cap. At the time of reporting, the cryptocurrency market cap is valued to be $113 million, with bitcoin being 37.8 percent of the market.
A major catalyst that contributed to the rapid growth of the cryptocurrency market was the global adoption of bitcoin and Ethereum, two of the largest cryptocurrencies with a combined market cap of $77.6 billion. Since mid-2016, the demand toward bitcoin as a safe haven asset and digital gold surged as mainstream media outlets began to provide extensive coverage on the performance of bitcoin.
International newspapers including the Wall Street Journal continuously featured bitcoin on their front page, comparing the price trend of bitcoin to that of gold and the US dollar, the world’s largest asset and reserve currency.
As interest and demand toward digital currencies such as bitcoin and Ethereum increased, an growing number of investors started to take interest in other cryptocurrencies in the market such as Litecoin, Ethereum Classic and Bitconnect that are amongst the largest cryptocurrencies and networks.
At the time of reporting, the market cap of Bitconnect, a crypto-network better known for its bitcoin lending platform, remains at around $346 million, making the Bitconnect network the 22nd largest cryptocurrency and blockchain network globally.
Bitconnect’s three-month growth since April has been larger than that of most cryptocurrencies including Ethereum. Since April, Ethereum has recorded a 858.9 percent increase in price, from $39 to $374, triggering the interests of investors that have become enthusiastic of the launch of the Enterprise Ethereum ALliance (EEA) and the rise of initial coin offerings (ICOs).
Cryptocurrency BitConnect Coin has experienced faster growth than this year’s hottest altcoin, Ethereum since it entered the market in early 2017.
The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming the growth of the world’s top altcoin, Ethereum. The new cryptocurrency has witnessed its value increase dramatically since its November 2016 ICO. From the initial market value of $1.84, BCC has reached a price point of over $52.65 by June 10, 2017.
Ethereum, after its launch on August 10, 2015, commanded a value of $1.71. Six months later, the value of ether had risen by few dollars to stand at $11.53 by March 28, 2016. A comparison of both the cryptocurrencies shows that BitConnect Coin has achieved a much higher growth rate than most of its counterparts in the recent times – a record 1800% rise in value over last month. During the initial months, BCC’s growth and community consensus drew comparisons to Bitcoin, but more recently, the cryptocurrency has seen a sharp rise in value, which resembles more closely to the most recent rise of Ether.
Although Ether has witnessed a 2000% rise in value since the beginning of 2017, it hasn’t always seen such an impressive growth. In the first six months following Ethereum ICO, the ether token saw a steady rise in value, in tune of around 700%, whereas BitConnect Coin saw a 3000% rise in its value since first hitting the market and over 10,000% increase from its ICO price.
Similar to Bitcoin, the total number of BCC is capped at 28 million units. It is a deflationary currency, with the demand sustaining its present high growth rate. As BitConnect Coin continues to witness continued growth, the trend closely follows the company’s previously announced records in value and market capitalization during Q1 2017.
Unlike many other cryptocurrencies, BitConnect Coin doesn’t require centralized exchange platforms. It can be traded directly between community members, which makes selling and buying the cryptocurrency much easier than some of its competitors.
If BitConnect Coin continues to grow at the current rate, it will quickly turn out to be one of the best cryptocurrency investments of 2017, alongside the likes of Bitcoin, Ethereum, and Ripple.
The price of BitConnect, better known to traders as BCC, has surged from around $0.5 to $9 within six months since its initial coin offering (ICO) in November of 2016. Following the momentum of bitcoin, BCC has maintained its upward trend and is projected to continue its growth trend throughout 2017.
Similar to bitcoin and other leading cryptocurrencies such as Ethereum Classic, BCC has a fixed monetary supply of 28 million. Theoretically, BCC is a deflationary currency and because of the limited supply, the price of BCC is expected to rise as long as the demand is met and sustained. Since the supply of BCC remains fixed but the demand is increasing on regular basis, the price of BCC is expected to increase drastically in the long run.
Currently, around 6 million Bitconnect Coins are in existence and investors include avid cryptocurrency investors in Asian countries. According to the Bitconnect team, the Bitconnect community is spreading rapidly throughout various Asian countries and in the long-term, the Bitconnect team hopes to introduce BCC worldwide.
With a market cap of $49.7 million, BCC is one of the leading cryptocurrencies competing with other innovative altcoins such as Lisk, Ardor and Iconomi. In fact, the current market cap of BCC is larger than that of Economy, which very recently raised over $10.5 million in its first ICO.
BCC’s consistency and rapid increase in price has triggered the interests of many investors in the cryptocurrency community over the past few months. Thus, the majority of traders and investors have begun to ask when the optimal period is to invest into Bitconnect Coin.
Based on BCC’s six-month trend, it seems as if May and June would be the best time possible to invest in bitcoin for two important reasons : explosive growth of the cryptocurrency market and the short-term downward trend in BCC.
Although BCC has enjoyed a massive half-year growth since January, the price of BCC fell from April 1 to early May. However, the price of BCC already began to bounce back and it is in progress of rebounding to its previous all-time high of $15.
BitConnect Coin (BCC) reached a new record high value and market capitalization. Just in a matter of few months, the cryptocurrency has had a record growth, undermining numerous peers in business.
BitConnect Coin (BCC) reached a new record high value and market capitalization. Just in a matter of few months, the cryptocurrency has had a record growth, undermining numerous peers in business. The feat, as per the company happened due to state of the art development in the new range of utility apps and the upbeat market itself. BCC this week has set a new record for value per coin & market capitalization and entered the Top 20 alternative coins list.
BitConnect Coin is thoughtfully crafted to offer financial freedom to the masses by reducing the dependency on centralized financial institutions. In addition, the cryptocurrency is also more secure than conventional financial instruments, eliminating the chances of identity theft and other issues that currently plague fiat based electronic payments infrastructure.
As per the leading cryptocurrency market website CoinMarketCap, BCC’s total market capitalization has crossed the US $10 million mark, making BitConnect Coin the fastest growing altcoin. The increase in the market cap saw matching growth in the value of BCC, which surpassed the $2 mark this week. BitCoin, the dominant player the industry, on the contrary, took more than two years to reach the level.
BitConnect Coin relies on a Scrypt (PoW/PoS) consensus algorithm with a finite number of tokens. The total number of BCCs in circulation is limited to 28 million. The finite (& restricted) number of tokens ensures value appreciation due to rise in demand with fixed supply. Moreover, it also facilitates faster transaction execution without compromising on safety, allowing people to make instant transactions between each other or to pay for purchases.
What accentuates the rapid growth is the promising future plans BCC has. Some of the prominent developments awaited in the BCC ecosystem are the BCC mining and staking pool, minting rewards, mobile app & paper based wallets and the Smart Card. While this bouquet of these unprecedented services (upon successful implementation) offers unmatched value to the consumer, the mining and staking pool attracts special attention due to the earnings on deposit feature they prospect.
BitConnect Coin (BCC) has only been in the global markets for a few months, but it has made quite an impression, around the globe. Going from just an altcoin concept in Q4 of 2016, BCC has set new benchmarks in market price and market cap after an incredible week of trading.
According to digital currency industry rating authority CoinMarketCap, BitConnect Coin reached the Top 20 in market capitalization value for the first time on Saturday, passing $10 million USD in overall value. Each BCC also reached $2.00 USD in value. To put this in perspective, it took BCC less than four months to reach $2 in value, per coin. It took Bitcoin more than two years to do the same. These milestones are just the beginning, BCC execs are eager to say.
The official BitConnect mobile Android and IOS app are launching in Beta, which should also increase demand and price. Later in 2017, the BitConnect Coin will see more innovations and convenience features added. This includes the BCC Mining and Staking Pool Launch, providing a way for the community to earn, a BitConnect Coin reward with mining & minting, plus a new mobile wallet app & paper wallet. The BitConnect coin will also gain its own “Smart Card” in 2017, bringing all of the everyday usability you demand in a digital currency.
In less than one year, BitConnect’s online community has gained over 50,000 members around the world, added a news department, engaged with online leaders like Kim Dotcom, successfully launched its own digital currency, added a proprietary Bitcoin wallet, launched an innovative global Bitcoin lending program, and surged from zero traffic to a top 100k Alexa ranking.
BitConnect has become simply the world’s fastest growing online Bitcoin community. For more information on BitConnect, visit https://bitconnect.co/
Last year at this time, a dream took the first steps to becoming reality. In a digital world full of Bitcoin websites, but short on an integrated community, bitconnect.co was born, and the world of Bitcoin has never been the same. February marks the one year anniversary of this crypto unicorn, and it is time to regale in its achievements and look towards its future in Year Two.
In less than one year, BitConnect’s online community has gained over 50,000 around the world, added a news department, engaged with online leaders like Kim Dotcom, successfully launched its own digital currency, added a Bitcoin wallet, an innovative Bitcoin lending system, and surged from zero traffic to a top 80k Alexa ranking. Plenty of hard work and good times were had along the way.
“BitConnect mission is to provide crypto education and provide multiple investment opportunities to empower people financially,” says BitConnect Head of Development, Satao Nakamoto. “We have placed most crypto features that you can see on other websites, so BitConnect has just been preparing itself for the long run in crypto-world. “After one of the most productive initial years for any Bitcoin-related business in history, it is time to start building for the future. So what can BitConnect do for an encore? Nakamoto has a lengthy to-do list, but it always starts with the BitConnect members.
The official BitConnect mobile Android and IOS app launches this month, which should also increase demand and price. Later in 2017, the BitConnect Coin will see more innovations and convenience features added. This includes the BCC Mining and Staking Pool Launch, providing a way for the community to earn, a BitConnect Coin reward with mining & minting, plus a new mobile wallet app & paper wallet. The BitConnect coin will also gain its own “Smart Card” in 2017, bringing all of the everyday usability you demand in a digital currency.
BitConnect has become simply the world’s fastest growing online Bitcoin community. For more information on BitConnect, visit https:/bitconnectcoin.co/
The world of digital currency trading has been explosive over the last couple of years, with the introduction of Ethereum in 2015, and the value of Bitcoin more than doubling in 2016. It appears that young BitConnect Coin (BCC) is another new area of significant growth within the digital altcoin community as it adds newest features for 2017.
The chart provided shows that after BitConnect Coin’s initial ICO launch, there was an drop in demand and value, which is typical of any new release of product, whether digital or physical. The question is do you fade into the darkness, or do you come back bigger and stronger than ever? If you are providing the market with real value, the market will lift you to new heights, as has been the case with BCC.
Not only are prices more than doubling in recent weeks, but BitConnect Coin mining has had to increase mining difficulties to very high difficulties relative to other script mining coins in the altcoin market. BCC’s exchange volume is also growing significantly as the market awaits some new features heading to BCC later this month.
With the BitConnect coin, users can expect a new level of empowerment through an open source platform connecting users socially and financially to a secure protected community of investors and lenders. BCC owners can also connect with your community and increase your wallet when coin price increase exponentially, allowing you to gain interest.
There are many who are awaiting Android and IOS app launching this month, which should also increase demand and price. The mining of BCC will cease supplying new coins via miners around the end of 2017. Later in 2017, the BitConnect Coin will see more innovations and convenienmce features added. These will include the BCC Mining and Staking Pool Launch, providing a way for the community to earn, a BitConnect Coin reward with mining & minting, plus a new mobile wallet app & paper wallet. BitConnect coin will also gain its own “Smart Card” in 2017, bringing all of the everyday usability you demand in a digital currency.
BitConnect has become simply the world’s fastest growing online Bitcoin community, rising from a concept in Q1 of 2016 to a top 100k website on Alexa less than one year later. For more information on the BitConnect ICO, go to
After months of intense testing and technological development, the official BitConnect coin wallet is ready, just in time for the 2017 New Year. This also means that from now on BitConnect’s Industry-exclusive bitcoin lending platform will accept BitConnect coin as the exclusive mode of digital payments.
Let’s go over the new features that work within the BitConnect platform. Within the BitConnect platform, you can send BitConnect coin (BCC) from send form on the dashboard, no longer having to send actual Bitcoins. We have converted all members funds in BitConnect wallet from a Bitcoin balance to a BitConnect coin balance. The available balance shows now in the BitConnect wallet as BitConnect Coin you hold rather Bitcoin values shown earlier.
For those looking to use the BitConnect bitcoin lending platform, you are required to have BitConnect Coin, as bitcoins will no longer be accepted for internal lending. The BitConnect coin will become fully tradable after the ICO is completed later this week, on December 31st, 2016. Within 5 days of ICO completion date, BCC will be available for sale on external exchange platforms.
With the innovations provided by the BitConnect coin, it has made adding new bitcoin users to the BitConnect community easier than ever. With the fastgrowing community of BitConnect coin users, the limited supply of BCC leads to a continuing increase in BitConnect coin value, much like Bitcoin is seeing today. Even distribution of its decentralized value leads to a stronger BitConnect network, in terms of network security and the future value of BitConnect Coin.
So what can you do with BitConnect Coin? With BitConnect Coin, you can start earning interest by “staking” in the desktop version of the BitConnect wallet. All you need is the download of the desktop wallet and then begin sending BitConnect Coin to start earning interest on it. You are required to have a minimum of 15 days within the desktop wallet to start earning interest without creating send transactions. To know more about how to stake BitConnect coin, click here.
You can also transfer BCC to other BitConnect members through their BitConnect wallet. Another option is you can sell BitConnect coin in your local currency and bring new members to join the BitConnect community, or you can send BCC to an exchange platform, and trade it with Bitcoin. The BitConnect coin will be available for trade soon during the first week of 2017, but the wallet is available right now, so click here to begin using the BitConnect bitcoin wallet (Available for Windows. OSX and Linux applications coming soon)
BitConnect is the world’s fastest growing online Bitcoin community, going from unlisted on Alexa to a top 80k website in just six months. Experience the BitConnect difference today and make 2017 your year to BitConnect.