Is Bitconnect a scam?

I've invested in cryptocoins for just over 2 years and owned Bitconnect coin since April 2017 and about 2 weeks ago entered its lending program. I'm very happy with my return, but last night I saw a website that claimed Bitconnect was most likely a scam. That worried me, so I decided to actually learn why people think that and whether it is true. Here's what I found. I've numbered the reasons I found for it being a scam and put my thoughts about each reason under them. I'll let you make up your own mind.

Reasons given for why Bitconnect is a scam:

1. Anonymous owner
   Same as Bitcoin

2. Decentralized
   Same as Bitcoin

3. Trades on its own exchange
   You can’t buy Bitcoin at a bank or stock exchange either. Bitcoin is only sold on its own network.

4. They promise a guaranteed interest rate with no risk of loss
   This is false. Read their website. They do not guarantee or promise anything.

5. Too good to be true
   Same as Bitcoin. By the way, so was the automobile, the electric light, etc.

6. Labeled a “Ponzi scheme” by many people
   Same as Bitcoin

7. Misspellings and bad English on their website
   Cryptocurrency is worldwide with many Asian sites with good cryptocurrency, but bad English.

8. They pay a generous referral fee as incentive to people to promote their website to attract lots of visitors
   What’s wrong with that?

9. You loan them Bitcoin and they pay you back in dollars
   That’s one of the ways they generate the profit they use to pay the daily interest.

10. You buy Bitconnect from the developers
    Same as Bitcoin

11. They will take all the profits someday in the future and shut down the website taking everyone’s money
    Anything’s possible, but usually Ponzi schemes don’t last more than a few months and this has been around for a year. Furthermore, you’d think Ponzi-scheme perpetrators would be happy to get away with a couple million dollars, but Bitconnect is already worth 1.7 billion. So, if they were going to do that they would have done it by now. In addition, there are still people saying Bitcoin is a Ponzi scheme and a fraud: CEO of JPMorgan, prince of Saudi Arabia, etc.

12. Their volume on www.coinmarketcap.com is false because all the volume is from their exchange
    For years, Bitcoin’s market cap was only what Bitcoiners said it was.

13. No white paper
    Henry Ford never wrote one either.

If you decide to learn more or participate, here's my email [email protected]. If you disagree with me, feel free to reply to this post.