**Texas, first nail in the coffin**

Texas order of cease and desist might be the reason behind the todays bitconnect selloff. Usually bitconnect and bitcoin has high correlation, but today bitcoin is up 14%, while bitconnect is down 15% (versus bitcoin).

https://steemitimages.com/DQmb4FXSDeBDRn1FVbWakoCWYncRHZ7hTw2KUqHhCrC5tLo/bitconn.PNG

Lets see how long the famous ponzi scheme can last. They desperately need that BitconnectX ICO to grab as much bitcoins as possible before they run away.

Today I enjoyed a lot of youtube promoters reacting to **Texas cease and desist order** acting like this: Nothing to see, everything is fine:
https://media.giphy.com/media/13d2jHlSlxklVe/200.gif

Enjoy your winners.