I had a lot of folks close to me get caught up in this scheme. There are so many of these operations that operate in this typically criminal scheme. Obviously, CC isn't regulated like the NASDAQ or NYSE markets. My question is, what does everyone think of these type of situations? This is much different than a bankrupt exchange stealing money, this seems like a pure Ponzi scheme.
Regards!
In reality every human system is a ponzi scheme especially the financial aspects. You should not expect every too things good to be truth to last forever. We are having cryptocurrencies markets for the first time in the history of humanity and you should not expect things to be fine from beginning. Bitconnet is one of those things that we should play smart and get out as fast as possible.
I believe every human systems aren't the same as Ponzies. Legit people won't scam others, even if their businesses don't do well. It's true nothing last forever, but it's not because everything is a Ponzi scheme, but because it's how things work, constantly changing, but we expect it keeps changing for better and not for worse. And in this case, better than getting out the scheme faster as possible, it's to just don't join it.

In my situation if i do see or observe about a thing that it is a Ponzi i wont bother to make engagement with it and i do pass directly without any hesitations or doubts but yet there are still people who do risk specially when we they are still on early phase which they can really make out profits and we know ponzi structure that to those people who are on the top are the ones who do make some serious cash.