***Update: beware!! It seems Bitconnect2.0 is launching, weirdly enough! Not sure if it is real or a joke, but either way, stay clear!***
Yup good warning sign: do not touch HYIP, lending/staking coins and mulitlevel marketing program schemes in crypto! BCC is now confirmed scam and officially dead coin! Bitconnect wasn't the first and probably not the last in cryptocurrency space, because even after decades of these kinds of scams people still have a hard time to learn. And indeed, very hard to convince the believers about the obvious truth. And when it does collapse, they start pointing fingers and not take responsibility for themselves. Very toxic for the crypto space and a big relief that they and many of the other big ones have disappeared. One positive thing about the bear market: it does seem to keep the big scams away as well.