I think anyone that promotes Bitconnect at this point is a shill, yes. I'm sorry if you don't agree, but the facts seem pretty clear on this. They may be an unintentional shill, but when this breaks down, being able to claim "useful idiot"status won't be worth much.
I should probably be more diplomatic, but I'm kind of tired of seeing people push mining contracts and ponzis. Apologies if you felt directly attacked.
If it crashed tomorrow, could you really look back and say "Yeah, those gains were reasonable, dark pool exchange makes sense for market cap, etc. I'm totally suprised by this." They're basically promising exactly what Pirate did.
I can't make a prediction on something I don't have data for, as the exchange and "volatility software" is all proprietary. It seems you want me to commit to a guess and later lose credibility based on the likelihood it will be wrong.
I'll personally be surprised if they continue to pay out for a year from now, however.
I may or may not finish this series due to popular demand, but here are a few more points:
- How many reputable businesses can you name that use the term "down-line"?
- Overall reliance on referalls doesn't concern you?
- Aren't they based in Thailand? Or one of the other areas of the world who gives Nigeria a competition for scamming Western dollars?
- Did you see how they claim to "reinvest their funds" from their recent meetup?
Ill-informed, or just racist?
What do you have against Thailand?
Perhaps it is you who is ill-informed, if you must resort to accusations of racism.
Thailand is not known as a "safe" destination for white males, at least. There is a lot of industry there specifically to target naive tourists:
http://www.dailymail.co.uk/travel/travel_news/article-2833369/Thailand-one-dangerous-tourist-destinations-Earth-Ex-pat-investigation-lifts-lid-dark-Land-Smiles.html
I hope you can forgive me for the Daily Mail link.
There are also some choice quotes in here:
http://www.investopedia.com/articles/personal-finance/020316/how-safe-traveling-thailand.asp
“In one part of Bangkok, there were military police everywhere; two stops away on the Skytrain you wouldn’t know anything was going on. The Thais are used to coups.”
"Not long ago, a man was sentenced by the military junta to 30 years in prison for insulting the King’s dog."
Not a great place for ignorant westerners to go strolling around.