I feel like I have a unique point of view on Bitconnect.
I believe Bitconnect will disappear before this year is finished. From what I have learned the past few days Bitconnect is in full control of their token, which has a current value of $111.
What does this mean?
Bitconnect holds the majority of their tokens. They could use their tokens to manipulate the value and even sell the tokens in their own exchange all day long.
Think about it. When Bitconnect sells their own tokens they receive most of them back in a matter of moments when people invest. The problem is that they cannot do this forever. Eventually they would owe Billions of dollars due to most investors focused on compounding interest.
There is no trading bot.
I admit that I only recently became familiar with what a trading bot is. Even I understand that no such trading bot could possibly be trading millions of dollars of cryptocurrency (and more to come) for daily, weekly or even monthly profit. Trading that amount for profit day to day would be impossible in 2017.
The end is nearing.
As the value of the Bitconnect token rises, the end of the scheme is nearing. Bitconnect does not guarantee daily interest. At any point they choose they can sell their tokens, stop paying interest, return the initial investments and walk away with hundreds of millions of dollars. Or they can be greedy and keep it all.
