Bitconnect has always been a scam... I feel bad for all those who invested in it and were not able to get their money out.. but greed will cause pain... I don't think this is awful for all crypto's, because they actually have value... Bitconnect was just designed to take money from people
RE: Breaking news: Bitconnect say they will pay back all their investors in Bitconnect coins, not Bitcoin. Edit: bitconnect price now down 88%