I would have to agree with you on the B2X or the NO2X as I like to call it. However bitconnect does not claim to give you 1% percent everyday. At the moment that just so happens to be what it gives you on the average. I have received a few 0.00 and <.09 days but days as high as 2.88 percent.
I think bitconnects business model is viable for a few years. I hope you are knowledgeable about trading bot or "gun-bots". They average about 3% on the average everyday. So if you think about it, you can put everyones money into it and then keep 20% right off the top and reinvest and then still payoff the referrals (They again adjusted their referral program again). I've done the research and so far have a 40% above ROI with no referrals. I'm pretty damned convinced and so are the other 300,000 people are getting interest and the staking principle is interesting as well.
These are the crazy days of crypto. I'm interested in what you think about the electroneum coin and where you might think they may go in in terms of direction.
"They average about 3% on the average everyday."
No. No they don.t That's way, way over 1000% APR.
" I've done the research and so far have a 40% above ROI with no referrals."
Like every ponzi, the returns always start out great. The fact that your ROI is so high is the proof that you are far underestimating your risk.
If Bitconnect just a long-trading bot, which would have worked so far, it will collapse spectacularly eventually. That first image will tell you why.
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