The people shilling it are either 1) paid to shill or 2) are holding BCC and want it to pump. The project is extremely shady. The loan program is a pyramid scheme on its face, and there is no reasonable explanation for the level of promised returns. This will definitely end in tears.
Correct. What bothers me even more is how certain well known individuals are acting like it's a great investment opportunity as well, and that while a well thinking human being can directly see red flags pop up. It's mind boggling how people are willing to have BitConnect abuse their public image for just some money. Once BitConnect goes down, and this will surely happen, these people have tainted themselves so badly, that it can affect their own professional career. I can already see people complain about how they lost money due to this, but they can only blame themselves for that. If you take so much risk, you have to accept the consequences, otherwise you are mentally challenged....
. Actually, Everything seems very suspicious like the unknown owner, pyramid schemes, unsustainable rates etc. Its a big red flag in short.
