Bitconnect looked like a pyramid scheme from early on, and it had a ton of warning signs. If you missed the fact even a ton of people on youtube told everyone that bit connect was a scam, so you didn't even need to notice it yourself.
I want to know why people got involved while knowing that it was a HORRIBLE scam from early on?
Well even if it was obvious that was a pyramid scheme many people still support on it they was blind because many people post that they have an income even if it was fake income they are being greedy in promoting scam pyramid scheme then after the platform was run out then they will cry like a baby posting irritated messages regarding on that project that in the first place that was their fault because they are being blind in the income that wasn't true at all.
They did not know that it was a scam.
They did not want to see the red flags, they did concentrate on the big potential of getting rich also the crowd was investing this could be a big factor when talking about scams.
It was not the first and not the last , unfortunately people are not doing their research properly.
In short they are being greedy on the power of being rich they always think that if they join on it they will rich instantly they are not making research before they invest into some project and in result they will be scam and they always said that it is better to be scam than to do nothing they need to have proper knowledge on where they need to have an investment and they are so lazy on doing some research.