I use bitconnect and I know it is a ponzi scheme. It was clear when I started;by now I almost got my investment back, havent compounded at all. From next week I wont even care if they go bust or not and that will be the moment I will start compounding.
Anyway, if theyre going to achieve their roadmap objectives this month it will give them another boost; it is unsustainable though.
Although I use it, I do not promote it at all, I dont feel comfortable with that, it's one thing to gamble my money, different thing alltogether to tell a friend to put their money in; so I am at 0 refferals.
Thanks for the math. Too bad I havent held on to the bcc I initially purchased, that would have worked out way better for me.
RE: The BitConnect Whitepaper - Maths of a Ponzi