Let's start with the beginning and the first question for all of the people is:
Bitconnect is a cryptocurrency ecosystem project. Bitconnect emerged on the scene in January with BCC then worth just $0.16; Bitconnect currently holds a market cap of around $1,809,562,601 with each one of its 2,138,092 BCC coins trading at a price of just under $300. As a result of its recent success, the project has attracted a large amount of attention and it’s time to take a closer look at this particular cryptocurrency.
The busines model is loking like this
In this moment the Bitconnect platform is having problems:
In my opinion, they are working to fix the platform as a proof if you go on twitter you will see that they are working on it at least they are saying sow. https://twitter.com/bitconnect
Of course the cause of the problems it may be other facts like the case and disease document from Texas. Whatever it may be, they are in touch with the people and this is a good thing.
Let's see what is going on next and be careful where you are investing your money. Peace...