Are you sure bitconnect is legit?

Ever since I've joined the Steemit and Crypto Community, I've been seeing a lot of people pumping up bitconnect, which could possibly be a scam.

According to Hive account@thegrinder's post, he explains what bitconnect is:

"For those of you that don't know, BitConnect is a cryptocurrency(BCC) and a site that promises its users a return of up to 480%+ in cash(not crypto) per year, and even a guaranteed profit of up to 91.25% a year, depending on how much you invest, with no risk of loss! They claim these money are made with a cryptocurrency trading bot that they created."

Excerpt from Hive account@thegrinder's post : https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed

Here's the summary of how Hive account@thegrinder shows how it's a scam:

"To recap: They attract users by promising amazing returns on their investment. They artificially increase the price of their crypto by tricking users into buying it with Bitcoin and giving it back to them, along with the Bitcoin. They pay back the interest to their users from new investments. When their profit is maximized, they sell all of their artificially inflated currency(7000%+ since release) and Bitcoins and disappear."

Excerpt from Hive account@thegrinder's post : https://steemit.com/scam/@thegrinder/the-bitconnect-scam-exposed

So anyway, he talks about how the cite is shady, and how it's too good to be true. The cite does have bad english and grammar, which shows that it could be run by a bunch of scammers in another country. Legit websites wouldn't be too good to be true and would have better English, typically.

I mean, it is just too good to be true:

And more and more people are noticing it, and are flagging people who are pumping bitconnect and other scams.

Why do you think Hive account@craig-grant has been getting flagged by Hive account@fulltimegeek? Because people are realizing he is pumping up a scam, and Hive account@craig-grant, if you see this, it's nothing against you personally, but it really is a problem to be supporting that cite. He is currently powering down because Hive account@fulltimegeek is flagging him and he probably figures since Hive account@fulltimegeek is taking away his money he is making on steemit, he should quit. I don't know the full story, but what I can definitely say is bitconnect is a scam. And all of the people pumping it up, Hive account@trevonjb Hive account@yuliana and Hive account@craig-grant are getting flagged because people are starting to realize they promote a scam cite. I have nothing against them personally, i'm just pointing out the fact that people are realizing bitconnect is a scam, therfore they are flagging the people supporting it and pumping it up.