I got lost in the crypto Youtube world and everyone has these Bitconnect accounts and I watched a couple of videos and it sounds like a Ponzi scheme waiting to happen in a year. What do you guys think?
You're spot on! And thankfully you do realize the consequences of this coin being a ponzi scheme. I know personally that many people know this is a scam but still promote it to others for their personal gains in terms of affiliate income.
This is not only misleading but also immoral in my opinion.
Bitconnect is no different to make money fast schemes or MMM global.
It is just greed!
It is funny that most people always know when they are in a Ponzi scheme but they always find a stupid means of justifying it.
I wont be surprised since that is what keeps the ball rolling for them, cause as much more gullible users like them keeps stepping in, the more they keep getting and so on until one day, the cycle cannot just help itself any longer and then die.