To put it bluntly, it was impossible for them to generate a 1.3%+ daily interest. Simply unrealistic. If it could generate so much revenue by pooling everyone's investments and using Bitconnect's bot to trade in crypto, everyone would be millionaires. The bots would make the Bitconnect's dev and their future generations so rich that they would never have to work a single day again.
Exactly. Basic math shows how absurd their claims were. With compounding interest the profits they promised people were just several orders of magnitude too high. And they even promised those returns in FIAT money.