I feel that I articulated my findings and reasoning pretty well in the video so I recommend that you watch that first and then read the additional thoughts that I have on the subject below.   

Additional Thoughts

I actually respect the people on YouTube more who are basically saying that it is a risky investment and that Bitconnect could collapse at anytime more than the people who are acting as if it is a legitimate thing.   The people who are acting like it is legit are in a weird situation though because by not admitting it is a scam they can later claim they were fooled as well when everything collapses.   

You have to decide if you are going to try to make money off of Bitconnect in some fashion but honestly if you are recruiting people into the system I would think you would feel guilty when everything ends and all the money is gone.   It is an additional reason why I personally never got involved and never will.   A lot of people are going to get hurt when it implodes.   The newest ones in and the greediest ones will get burned the worst. 

It is like playing a slot machine.  They keep putting their loans in and keep going for that bigger and bigger score.   One day the site will be gone and so will all the money.      

A big thing I don't like about the crypto currency space right now is that there are so many scams and it makes the whole industry look scammy.  Having Bitconnect creeping up on the top 10 on CoinMarketCap doesn't help at all.   

I wish everyone luck with their investments!  

Thank you for reading my post and please consider following me @brianphobos