Bitconnect the King of Crypto Investing or just a SCAM?

Howdy, I am sure everyone here knows about Bitconnect. A FOREX type like autobot that earns compounded daily. If you have 100$ bucks laying around.

This is a pretty amazing site for investing as little as $100 to turn it into $60k in 2 years? Too good to be true? It has a lot of the hallmarks of a SCAM, like it seems to be an Indonesian based site but registered in the UK, don't know who the developers are and you know English isn't their first language because of the grammar and spelling mistakes all over. The trading bot is unknown magic that happens behind the curtain, ponzi type like referrals. Who the hell is Satao Nakamoto? Might as well be John Galt. By the way that would be an awesome screen name. This alone would have most folks running for the hills.

But... spite all that, it still seem interesting and exciting having watched it grow. imagine if this wasn't a hoax and a business like this could actually work, if all the investing and math would check out. This would put the world sideways on its ear, making poverty a thing of the past, riches with in grasp to everyone. Could the world support such a Utopian economy? Probably not, especially in the current state of things, I would like to believe it could.

Maybe, just maybe it is for real and they are making a fair amount of money to support the pyramid? It is a well crafted site with its own mine-able Crypto, top 11 on the coin cap, but what does that mean? When you really think about it's ALL a made currency and the value is artificial. Only when you start using it like trading, buying, selling and it enters into commerce does the intangible start to become accepted. They do have a smart card in the pipes, seems like they are growing in some aspects and becoming a little more public.

So far all the HYIP and scam alert sites are noting payouts and profit as expected, youtube has exploded with pros/cons. It still is a young investment site. I am watching out for some of the big investments to mature and a possible run on BCC cash outs, is the piggy bank still open? or 404?

The earliest date I could find was the Coin Cap start date of Jan. 20, 2017, so if they started half a year ago, then according to the chart above 120 days has past on a $10k+ lend and even a $5k lend. Although I have not found anyone that has cashed out principal yet. I am following a youtuber named Lanzer, he dropped $20k into it to test it out, baller. Anyways he is only on day 30 so we have about 90 days to get his report and he qualified for a trip to Thailand to meet the BCCers. So maybe that will give us more insight. If the $20k richies are getting expense'd to go to Thailand, that is probably a good sign that the gravy train hasn't ended.

Anywho, probably against better judgement I put down a couple hundred smackers. ie. Monies that I am willing to lose as a grown adult man, and maybe just maybe my doubts will become dreams of a life time supply of beer. mmm... beer... uhagggg... Anyways I can't recommend this site just yet, want to hear back from Mr.Lanzer before I make a bigger move, but until then if you feel like making a bet. I'll leave a referral link below, you know, when in Rome...

BTW if anyone has cashed out, principal + interest, let us know? I calculate a $10k invest should of netted you about $30k after the 120 days.

Thanks for reading, this is my first steemit post, still an internet newb.