Bitconnect does seem to be an interesting new craze. I'd like to look into more myself, I've done basic research and I've heard mixed things from people. Some say its a scam while others are doing just fine. I would consider trying it out if the minimum to get started wasn't $100 to test if it was a legitimate site.
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I've seen too many personally to think that it could survive past the first few months. I do know a guy though who just followed that exact strategy. There is a ton of other opportunities out there, with much higher probabilities of succeeding long term.