Red flag : Owner's sketchy, if he can make 1% per day legitimately why is he sharing it?

Trading bots?

MLM : runs more like one with all those referral bonus

My verdict : bitconnect is ponzi, like all ponzi depends on new people joining hence the referral. In ponzi the early participants all gets paid. Those that get burnt are the ones who FOMOed, just like in a pumped coin 😁