I have wondered about this for some time. Glad I never invested.
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I completely agree with you that it is a ponzy sceme, but this ponzy scheme turned out to be gold for its early investors.. Not trying to support Bitconnect, just stating facts.
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All ponzis are like that, otherwise no one would get in.
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Bitconnect is an outright fraud and a Ponzi scheme. Stay away from it or you will lose your money. See a detailed due diligence here: http://blog.icoindex.com/why-icoindex-has-labeled-bitconnect-as-an-outright-fraud/
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