I think it is each to their own, I just joined bitconnect and have been very cautious due some of the facts you have stated, true or not.

I think if you don't get greedy and put in only the amount of money you are willing to lose who cares if it is a scam or not? Take out your initial investment amount as soon as you can and you lose nothing. Some people think that cryptocurrencies are a scam. Scam or no scam who cares. If I put in money and lose it then it is my fault and if the crypto noobs gamble what they cant afford to lose then the only people they can blame is themselves. I think we would all agree.